If a PoS cryptocurrency gave 40% ROI for stakers and a the same amount to founders rewards, all else being the same, the currency would devalue by almost half every year.
High inflation, like we see in Venezuela is unsustainable. Just like coins with high "ROI" (Staking rewards).
The iOS PIVX wallet is developed and ready, however, due to Apple’s bureaucracy, like manny other crypto projects, it is not published. The team are still working a way to get it published. In the mean time, coinomi for iOS supports PIVX, I have being using it for manny months without any problems. Their features even includes sweeping private key funds which can be very useful for some users.
"If all Bitcoin transactions were confidential and used Bulletproofs, then the total size of the UTXO set would be only 17 GB, compared to 160 GB with the currently used proofs." https://crypto.stanford.edu/bulletproofs/
There's PIVX Class and PIVX Crypto on YouTube. There's Twitter @_pivx I think. There's a newsletter you can sign up for on the PIVX.org website. There's also @pivxnews feed on Telegram. Last and bestly, if you speak Spanish, @ONeZetty has YouTube too!
Okay then. The cryptocurrency soil in Nigeria is very fertile and this is the right time to explore the Nigerian crypto space. Would be nice if more awareness creation and mass adoption initiatives are put on place.
Perhaps. It's difficult to tell since the technology is so different. I believe that governance is crucial for sustainable development in crypto. Considering the tech is always improving, we need constant income to feed our Devs.
We are excited to announce our new MOU agreement with UIOEX Exchange in Seoul, South Korea! Along with PIVX getting listed on the exchange upon their grand opening of the global exchange set to happen soon, we are also the very first cryptocurrency on UIOEX to hold a live customer Q&A session at the exchange and is scheduled on September 22 Morning KST. We hope that our responses can provide more clarification on our vision, technology and the benefits it brings to many new investors and users in South Korea and globally.
[Korean] UIOEX 거래소에 상장 될 코인과 세계 최초 "MEET UR TEAM" 주제로 개발자와 고객이 만날 수 있는 소통의 장을 진행 예정이며 그 첫번째 주인공이 피벡스 (PIVX)로 결정 되었습니다. 자세한 내용은 아래 공지 링크로 확인해주세요~
Official Exchange Announcement: http://uioex.net/customer/main
National Newspaper Press: http://edu.donga.com/?p=article&ps=view&at_no=20180914110555657976
Bank secrecy act of 1970Usd Inflation rate since 1970
Gaining monitary/ influencal wealth is unproportionaly easier than losing it. This rule applies especially to governmental bodies. The Bank Secrecy Act was established to reduce money laundering, but even with 6 fold inflation the $10,000 rule stands.
These types of restrictions make banks absolutly inferior to cryptocurrency and the idea of "BYOB" or "Being Your Own Bank".