This week's offical #CTTPodcast #threadcast EP 97 where we talk about how to decentralise properly and how the current REPO loans market works and how it can be improved upon using neutral blockchain layers
This week's offical #CTTPodcast #threadcast EP 97 where we talk about how to decentralise properly and how the current REPO loans market works and how it can be improved upon using neutral blockchain layers
A lot well said
#thumbnail #cttpodcaste97 #cttpodcast
#cttpodcast
QUESTION
After the CBDC's have been rolled out, some analysts say private banks will NEED to manage above all crypto assets. What would you think of let's say JP Morgan using a REPO loans market on Hive?
Yeah, if the demand is high, then they'll be high supply but reverse will be the case when there's low demand, I mean when there's no demand for money, then the banks watch and guard against excess supply
TASKMASTER's take on the narrative concept is key and should be adequately analyzed for better understanding;
1-swapping bitcoin narrative
2-increasing service base narrative and so on
#Thumbnail #cttpodcast EP 97 - Decentralization + Repo Loans with a focus on Hive blockchain.
Question
How does Repo loans work and is it an online loan that's meant for cryptocurrency and what is involved when it comes to access the loan, what do one have to use as collateral?
Repo is a sort of lending arrangement.
Thank you @taskmaster4450le for the insight.
I haven't heard of this before till now. Will research more on it.
Question
What happens if the seller fails to repurchase asset on the agreed date?
QUESTION:
What role can the decentralized governance model of Hive for instance play in shaping the rules and regulations governing blockchain-based REPO transactions? Will it follow the stake-based polling system we have on Hive?
And how will this fare on Hive's layer2?
Decentralizing REPO loans sounds promising, but navigating the complexities is key. I'm particularly interested in understanding how neutral blockchain layers could cut through the current opacity and improve efficiency.
I really like Blockchain loans and REPO's proposal is interesting, since a loan that has collateral (Asset) in the Web3, is very interesting, I would like to know more about this topic and the ease of obtaining benefits with this.
QUESTION:
Why is Starkerz' volume always so low?
With HBD in lace, a REPO system on Hive will make more sense. Utilizing a stablecoin will help deal with risk questions, especially as we are concerned with cryptocurrencies.
I agree with you as well, HBD as a stable coin will make the repayment of Loans very easy, cheaper, and faster. There would be risk management involved in the Project once the borrower and lender are Hive users.
Yes dear , you are making total sense here ,surely with a stable coin risk will be lowered reasonably
And even makes it easier since it’s going to be just within hive
@taskmaster4450le
How old are you 🤔 I want to know please?
53
Wow 😲 are you a grandpa? Already
No I am not.
okay thank you
Prior to this space I know nothing about the REPO loan market. I'm glad to have learnt about it through this space. I also got to know that Central banks often use REPO transactions as a tool for implementing monetary policy. 👏
Lol, people figured out how to game the thumbnail contest. Two people submitted like 20 thumbnails.
Lol but they asked for it, “Make lovely thumbnails” they always say😃
They certainly did :)
They're increasing their chances by submitting more designs :)
Nah, they're just up-vote farming.
I suppose Matt only upvotes those he really likes :)
Matt is a generous man. He upvotes almost all of them to incentivize participation and it looks like people have figured it out.
Multiple entries is not illegal, it's just a bit... you know... meh.
Haha yeah :)
Guess that's how it works these days. Incentives make people think of ways to benefit from them :)
I love how all the speakers are able to buttress their points. Each one is a master in his own field and it makes the show enjoyable.
Good job guys!
My question -
The nature of blockchain allows for a borderless financial ecosystem. How might the adoption of blockchain-based repos impact global finance, and what challenges or opportunities does this present?
QUESTION
After the CBDC's will have been rolled out, some analysts say private banks will NEED to manage mainly crypto assets. What would you think of let's say JP Morgan using a REPO loans market on Hive?
There is a misconception that Bitcoin is only for rich people but that is not true. You can have the ownership of a piece and it can be done without having a fat wallet. Also, came to know about moving BTC from one wallet to another without any cost and this is awesome !
Taskmaster is hitting hard on the topic, one disadvantage about the banking system is the centralization nature they operate with. But when it comes to Hive we don't have anything like a single authorized community, opinions are considered.
Hive is also a blockchain that powers feeless transactions. It has massive liquidity and a stable coin the HBD which could be used as a store of value. Bitcoin is just a coin for the elite who wants to control and centralize it. But hive is decentralized and censorship resistant because it is hosted and controlled by the community. Hive is an infrastructure while bitcoin is just like digital fiat.
BTC is also decentralized despite attempts to centralize it and a good store of value, although yes I love HBD for me the best stable one out there with the highest return and of course Hive is also decentralized that's what I like about it
A lot of the major cryptocurrencies may actually get captured by the banks. Government can easily capture a good chunk of the market by involving kyc's and all into various things. But crypto will revolt
I believe they will be able to do so, but, I believe that in the end the desire for freedom will prevail.
Hmmm🤔🤔...
A tremendous opportunity indeed, cryptocurrency has the best stable coins and assets
Question:
Look at this chart. HIVE powered up has gonefrom 140M HP in 2020, to 171.6M HP now:
What are some incentives we can push to increase the rate of Hive Power being accumulated?
chart by @dalz
Exactly Bitcoin the function of bitcoin is quite different from HBD.
5 or 10 years time is great, but right now I believe we need more visibilty of HIVE in CEXs if we want more HIVE owners as investors.
But it is all relative, Hive is slow and steady and let's just accept that. If you want 5x 10x etc then go elsewhere.
Having a greater presence in the Cex is positive and also leaves us, the users, with more options when trading. I think it is a gradual thing, our Blockchain is constantly growing and all that can generate a wave of investments over time.
People forget about the user (you and I) using Hive in real life and they don't like it being offramped. So yes more CEXs is also good for us, it is ou Hive we can do what we like with it!
Second layers in blockchain certainly give more autonomy to the users and communities that use them, as they further decentralize the value added to the blockchain. Hive and InLeo are an excellent example of this.
Yes, InLeo is certainly a great example of this, a community with its own token and a growing one at that. There are many communities on Hive that also have their own token, but for me InLeo is the one that has the upper hand.
Yes, in my opinion they provide many more options and make the blockchain much more decentralized, in addition to making it much more versatile and with numerous use cases, which is what adds the most value, both in digital and in real.
Taskmaster's narrative on narrative concept should be analysed for more understanding.
Thank you
I'm sorry my comments came very late
yeah i think that btc will be used as main crypto by governments. But hive still needs to connect to that. BTC will be the new tech era gold like many predicted.
I agree, BTC will be what the governments end up using. That's assuming the US ever warms up to crypto.
Amazing news at the past #cttpodcast we are recapping today. The zero fee btc transfer, the decentralized storage we'll be seen in a near feature. Both we'll be very important for the future, cause the fees are very high right now, and the storages are mostly centralized... Let's go for the big change.
Hive is the best example of Decentralized platform. In Hive we are free from any kind of central controller. Here we can easily create our content without any rules and regulations.
Of all my experiences with the crypto world. I really did learned a lot. But my experience with Hive is just so different and I can say that it showed me the true definition to decentralization and the web3 ecosystem at the same time.
On Web2 we are prone to censorship and must comply with a series of regulations, otherwise your account will be closed. On Hive your data is safe and you have the freedom to express yourself. That's great.
Imagine what you could store in those many layers—a tractions layer where you can earn and store, and now you can store your Bitcoin as well. Hive Blockchain is really moving quickly and far with this.
Using blockchain for repo loans will enable participants to engage in peer-to-peer transactions with increased efficiency, security, and trust, as all transactions are recorded on a decentralized ledger.
For me whenever talking about decentralized finance I case Hive should be use as kind of illustration center.
That in the sense that Hive actually serving more and also worthy enough to represent Defy blockchain.
1/2 🧵 Few weeks ago on a certain space here, we discussed about removing the hive rewards pool, which I may not know clearly what it is or how it works but i just want to say that
Whatever changes we need to make on hive,
#threadstorm
2/2 🧵
We should understand that the current state, structure , system and performance of the blockchain is what attracts and retains a lot of the community here.. so making changes should also put the community retention in mind
I don't really get what @3speaktv is saying. Is hive working out something with solana? Being one of my favourites blockchain I think that would be a massive one. Let's hear it
#cttpodcast threadcast pumping as always.
Great to see :)