The financial sector is quite fragile, which shouldn’t be the case since many lives are in the balance.
From fiat and the financial market to the new kid on the block, cryptocurrency, the situation remains the same:
It’s all glasshouses in an area where everyone appears to be slinging stones without blinking.
Stable cryptocurrency might be peddled as the salvation of a doomed status quo, but perfection appears to be far off.
Trust and the likelihood of greed among those involved haven’t helped the stable coin cause. Also, the connection to fiat continues to haunt this novel ideal like a nightmare.
You can’t forget the covetous banks and their notoriety for offering loans with all manner of clauses to ensure they maximize their profit without giving a hoot about the person or persons that bear the brunt at the end of the day.
Ixinium
The precious metal-backed fiat was a hit, but the desire to be able to manipulate the system ensured that such a remarkable approach was dumped leaving fiat currency at the mercy of the populace.
While I can’t offer any ‘thoughts and prayers’ for fiat currencies due to the self-centered centralized control involved, Ixinium coming back with the backing of precious metal but on a crypto-scale gives me a rush of goose pimples – something that only music has been able to achieve.
I find the Ixinium approach an interesting one. Having to take the good in everything while fixing or tidying the not-so-good makes things interesting. What do I mean? This cryptocurrency retains the beauty of blockchain, the immutability and transparency while remedying its mercurial price changes.
Ixinium boasts of not cowering under the greed-powered oddities of the crypto-rich investors that are known to manipulate prices which often results in unquantifiable volatility. This is mainly due to the use of precious metal as the bases for price alteration in the Ixinium cryptocurrency.
With Ixinium, it’s expected that you won’t be looking over your shoulders to prevent being shortchanged by some faceless individuals at the center running things. Ixinium is believed to function as a unique digital asset in a purely decentralized setup. This shouldn’t exactly come as a surprise as blockchain serves as the base technology.
Those behind the Ixinuim asset intends to float an exchange platform where interested investors can purchase the digital asset.
Contrary to the usual click and purchase, which is typical of many cryptocurrencies, owning Ixinium comes with the backing of precious metals. Since earnings from the exchange will be used to acquire more of these precious metals, there’s always going to be an increase in the value of the cryptocurrency, which is every investor’s dream.
To affirm just how serious they are about the precious metal backbone of the Ixinum cryptocurrency, organizers intend to involve professionals from Loomis Brinks and Malca-Amit (LBMA) in the vaulting needs of its valuable metal engagement. Indeed, there’s every reason to be excited as LBMA is reputed in the industry.
Final Thoughts
Ixinium has every capacity to be the next big thing. Regardless of how crazy this concept might appear to be, people are likely going to embrace it. Thinking outside the box is excellent, but workability is more endearing. Hopefully, Ixinium has a fool-proof roadmap to keep the naysayers quiet.
For more information please check the link below:
Website: http://ixinium.io/
White paper: https://ixinium.io/whitepaper.pdf
Telegram: https://t.me/XXAofficial
Ann thread : https://bitcointalk.org/index.php?topic=5160309.0
Writers Details
Authour’s btt url: https://bitcointalk.org/index.php?action=profile;u=2107609
Authour’’s name:Chika
wallet: GC2YXJQBYWE3D2RGJTDLIVRQIWRAVP5U6WHOMZVRGOLJAA6MPPQ5INM2