[#Article]
The Ecology of Celo Coins
A stablecoin is a crypto asset that has price stability in the short and medium-term, enabling it to be used as a store of value and a reliable medium of exchange. Prime characteristics of a stablecoin that has global acceptance is one that is free of the fiat-monetary system, and digital in its nature, including within it privacy, price stability, scalability, and decentralization. To serve the unbanked population, this currency needs the additional characteristics of simplicity of use, freedom from data constraints, and flexibility for the demographic it serves.
Source
#Money #Cryptoasset #Stablecoins #Celo #CeloGo
The Ecology of Celo Coins
A stablecoin is a crypto asset that has price stability in the short and medium-term, enabling it to be used as a store of value and a reliable medium of exchange. Prime characteristics of a stablecoin that has global acceptance is one that is free of the fiat-monetary system, and digital in its nature, including within it privacy, price stability, scalability, and decentralization. To serve the unbanked population, this currency needs the additional characteristics of simplicity of use, freedom from data constraints, and flexibility for the demographic it serves.
Source
#Money #Cryptoasset #Stablecoins #Celo #CeloGo
[#Article]
Celo: The Shift from the Legacy Financial System to Sacred Economics
It is easy to understand the world we live in today by laying ideas side by side. The world is full of contrasts. Major ideas that drive whole nations, societies, and generations can be understood by juxtaposing them. Whereas capitalism encouraged private ownership and autonomous production by individuals, communism vouched for state ownership and the dependence of the individual on the commons. When John Meynard Keynes proposed government intervention as a solution for the global economic depression, the Austrian school saw government and Central bank interference as the cause of most severe boom and bust cycles.
Source
#Celo #Blockchain #CLabs #SacredEconomics #CharlesEisenstein #CeloGo
Celo: The Shift from the Legacy Financial System to Sacred Economics
It is easy to understand the world we live in today by laying ideas side by side. The world is full of contrasts. Major ideas that drive whole nations, societies, and generations can be understood by juxtaposing them. Whereas capitalism encouraged private ownership and autonomous production by individuals, communism vouched for state ownership and the dependence of the individual on the commons. When John Meynard Keynes proposed government intervention as a solution for the global economic depression, the Austrian school saw government and Central bank interference as the cause of most severe boom and bust cycles.
Source
#Celo #Blockchain #CLabs #SacredEconomics #CharlesEisenstein #CeloGo
[#Article]
Celo and the Promise of Beautiful Money
Before the advent of money, trade was dependent on a very delicate system of exchange based on mutual benefit that was barely replicable — barter. It is generally accepted that livestock and plants were used as forms of money between 9000 and 6000 BC. Being the period of the Agrarian revolution, agricultural products had the greatest utility, and therefore the greatest value. Later, in Asia and Africa, cowry shells gained prominence as money due to their scarcity and fairly homogenous nature. It was not until the Bronze Age that metals gained prominence as money. Metals such as gold, silver, and bronze gained popularity for their durability, divisibility, and portability in comparison to agricultural commodities which posed the challenge of possessing exactly the opposite traits, being perishable, not easily divisible, and bulky.
Source
#Celo #Blockchain #Trade #Stablecoin #Money #CeloGo
Celo and the Promise of Beautiful Money
Before the advent of money, trade was dependent on a very delicate system of exchange based on mutual benefit that was barely replicable — barter. It is generally accepted that livestock and plants were used as forms of money between 9000 and 6000 BC. Being the period of the Agrarian revolution, agricultural products had the greatest utility, and therefore the greatest value. Later, in Asia and Africa, cowry shells gained prominence as money due to their scarcity and fairly homogenous nature. It was not until the Bronze Age that metals gained prominence as money. Metals such as gold, silver, and bronze gained popularity for their durability, divisibility, and portability in comparison to agricultural commodities which posed the challenge of possessing exactly the opposite traits, being perishable, not easily divisible, and bulky.
Source
#Celo #Blockchain #Trade #Stablecoin #Money #CeloGo
[#Article]
Libra rival Celo launches 50-member Alliance For Prosperity
Some Libra Association members like Andreessen Horowitz and Coinbase Ventures are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation's 'Alliance For Prosperity' offers a way for developers to build decentralized mobile apps that are based on Celo's blockchain platform and USD stablecoin.
Source
#Celo #Blockchain #Stablecoin #Payments #CeloGo #Libra
Libra rival Celo launches 50-member Alliance For Prosperity
Some Libra Association members like Andreessen Horowitz and Coinbase Ventures are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation's 'Alliance For Prosperity' offers a way for developers to build decentralized mobile apps that are based on Celo's blockchain platform and USD stablecoin.
Source
#Celo #Blockchain #Stablecoin #Payments #CeloGo #Libra
[#Article]
Celo Network Reveals Over 20 New Alliance Members
Celo, a stablecoin payments network, has announced the addition of more than 20 new members to its "Alliance for Prosperity" ahead Celos’s mainnet launch — which is currently expected for mid-May.
The new alliance members have begun working to deliver mobile-friendly decentralized applications (dApps) built on top of Celo.
Source: https://bit.ly/2WzQo2d
#Celo #CeloGo
Celo Network Reveals Over 20 New Alliance Members
Celo, a stablecoin payments network, has announced the addition of more than 20 new members to its "Alliance for Prosperity" ahead Celos’s mainnet launch — which is currently expected for mid-May.
The new alliance members have begun working to deliver mobile-friendly decentralized applications (dApps) built on top of Celo.
Source: https://bit.ly/2WzQo2d
#Celo #CeloGo