The Quarashi platform will allow customers to use the currency to buy and sell products online.
Quarashi is a decentralized, global cryptocurrency that can be easily converted into local currencies. The Quarashi platform will allow customers to use the currency to buy and sell products online.
XQN is a decentralized global cryptocurrency that can be easily converted into local currencies. The XQN platform will allow customers to use the token to buy and sell goods and services on the XQN marketplace.
Quarashi will look and feel like a normal currency, with the difference that it is backed by a blockchain. This means that you can not spend your money twice – the system will only allow you to spend the amount of XQN equal to one unit of the currency you are paying with.
XQN is a decentralized global cryptocurrency that can be easily converted into local currencies. The XQN platform will allow customers to use the token to buy and sell goods and services on the XQN marketplace.
Incentive system
The idea behind Quarashi is that we want to empower people to make economic decisions for themselves, not be controlled by the banks.
The market traditionally has been driven by big financial institutions. Those institutions control how much money is available in the system, who gets access to it and what they do with it. The result is a system that makes it easier for those institutions than for hundreds of millions of people that have no access to capital markets at all.
Quarashi will give every person who wants to use our platform access to a global asset. If you want to convert your Quarashi into dollars or euros, you can do so at any time using the XQN token, which will be a fully tradable currency on the Quarashi platform. You can also use XQN as a local currency on the platform – if you live in Lagos and want to buy something from London, you can spend your XQN on everything you need on the London marketplace.
We've created an ecosystem where users are in control of their money and where there are no limits to what they can do with it. Each person owns their own wealth and decides what they invest in without having to go through intermediaries, like a bank or credit card company.
There are many ways of doing this, but the basic idea is to create a system where the value of each unit of currency is derived from the value of all the other units. The more valuable each currency unit is, the more valuable each XQN becomes.
This is a bit like gold-backed currencies: in those systems all money comes from gold, and the money supply depends on how much gold you find. But here we don't have any physical gold, so our money must come from other sources. In this case it comes from the values of things people want to buy and sell, which means that XQNs will be worth something because people want to hold them as store of value (like bitcoins) or to use them as a medium of exchange (like dollars).
The word blockchain is new and magical, but the idea behind it is not. And it's not magic, either. It's just cryptography.
When Bitcoin was first created, it was mainly created for the purpose of being a currency and not to be a store of value. The Bitcoin blockchain is much more like a ledger than a database. It basically tracks transactions and records the amount of money that has moved from one account to another.
When people first started using Bitcoin it wasn't nearly as common as it is now. Due to Bitcoin's slow transaction rate, price drops were very common in the early days.
Today, most people who use Bitcoin do so as an investment tool. They buy low and sell high. Many of these people are not using it as a currency as they would with traditional currencies such as the US dollar or other currencies such as the Euro or Yen or Rupee. These investors see Bitcoin as something like gold or silver but with better liquidity and lower volatility. Thanks to the ease of creation of new Bitcoins, there is no shortage of them today, but this means that if you have lots of Bitcoins, you are probably selling them at relatively high prices (because demand is high) and if you have few Bitcoins, you are probably buying them at comparatively low prices (because supply is low).
As with gold, this is a kind of money. The word "money" is often used loosely to mean any kind of asset you can use to pay for things; but in fact the word is only used correctly when it's to that narrower definition we've been using.
Anything that looks like cash and functions like cash but isn't actually cash is not money, even if they are called "monies." Bitcoin, the first cryptocurrency, is not money. It's a payment system which allows you to transfer value from one person to another.
More Information :
Website: https://quarashi.network/
Telegram: https://t.me/quarashinetworkofficial
Twitter: https://twitter.com/QuarashiN/
Reddit: https://www.reddit.com/user/Quarashinetwork
Author
Bitcointalk username: bosgeger69
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=3425236
BSC Wallet Address: 0x8082aA74af8EC900434DC9B3c0D28C45C289Cdc2