GK8 by Galaxy’s Post

According to a survey conducted by Citi, the #tokenization market could move approximately $4 trillion by 2030 🪙 If you're still unsure about creating a token for your business, check out 5 reasons to create one right now! 🔐 #BlockchainMadeEasy #HTR #Token #SmartContracts #TokenizationOfAssets #Blockchain

Breaking: 🚀 #ShibaInu's Layer2 Solution #Shibarium’s active accounts surpassed 25,000, an 80% increase in past 24hrs. Additionally, the new transactions rose from 419517 to 958438,  marking a staggering 128.46% increase in the same time frame. 🔥 #cryptonews #crypto #blockchain

Friedrich A. Hayek on #Bitcoin in 1984: "I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." #blockchain #web3 #technology #innovation

There's nothing better! just think about Bitcoin. Money is Perception. We agree to use it as a form of interaction with others because we believe it represents an economic situation. Dollar is stronger than the Rubble now only means we perceive the economic situation of the US > Russia. Believing money must be physical is a fundamental error in 'thinking money'. Money can be anything as long as enough people agree to use it, if governments accept the use Aba Shoes (shoes made in Aba), as money; then the People of that area will be the richest people in the world. Everyone will want a piece! But why can't we use Aba shoes? ~ It can't scale.. If 1 pair costs $10 & one in the pair, $5.. How do I settle a $2 charge? That was a problem with Gold as a payment means, it was hard to divide "stressful fungibility", coupled with the risk of moving it from one place to another. Then came the use of paper-money, to represent Gold.. If I had $100 in gold to pay a creditor, I just gave them dollar worth $100 (an IOU $100 gold). This was easy but the temptation to print more money seeped in and the dollar printed became more than the gold reserve. The US decoupled from the gold-standard and so did most of the world. We understand now: ~ Why Gold couldn't work as money: Stressful fungibility & transfer risk. ~ Why Paper money can't work: It's surprisingly easy to print. Bitcoin: ~ Supply is capped. ~ We believe it's decentralized ~ Ease of Transfer ~ Fair money Why You think it might Not Work? ~ Scams: With feasible regulations, we can police this. ~ Liquidity: As more money flows into bitcoin, it will become expensive but easy fungibility ensures anyone can transact. ~ Wealth distribution: Greedy You! Yes some people have loads of bitcoin, but their borrowing capacity is restricted. If a large holder decides to borrow instead of expending his reserve: - what currency are you borrowing into, when btc is the greatest? & - if you borrow more bitcoin, you have to do serious work to earn back the bitcoin to settle loan or untighten the reserve purse! A case for Paper-money: If it must be used, then it should be relegated to national currencies & not used for international settlements. This helps countries that have areas with weak internet connectivity & for folks that never want to use the internet. Rethink Your approach to Bitcoin and You might just see the Light! #bitcoin #crypto #money #gold #dollar #blockchain

If you read one thing this week it should be the Swiss Digital Asset Custody Report 2024 just published by our friends at HomeofBlockchain.swiss. Big thank you to everyone on the team for including GK8 by Galaxy in the ecosystem map. Click here to get hold of this valuable report - https://lnkd.in/eqd2xVMp #custody #blockchain #digitalassets #cryptoassets

CVM Wallet has been upgraded to support multiple new languages! This update ensures a more inclusive and accessible experience for our global users. 💼💸 Upgrade your CVM Wallet app today and explore the enhanced features. Your financial freedom just got more accessible! 🔗: https://lnkd.in/gwffjUgj #CVM #blockchain #blockchaintechnology #CryptoWallet #cryptowalletappdevelopment #crypto #cosvm

Telegram the Super App? — Join Infinity and Beyond host, Julian Kwan with CoinFund CEO, Christopher Perkins. Together they discuss the next bull run in the crypto market, which Dapps will dominate the market, and protocols that will change the world. Listen here ⬇ https://lnkd.in/gpncexrU #web3 #blockchain #blockchaintechnology #tokenization

Are you planning to be at Messari's #Mainnet2024 in NYC next week? Make time to make time with May Michelson, GK8 by Galaxy's Director of Sales Americas to learn more about Impenetrable Custody, GK8's unlimited MPC and our Tokenization Wizard. https://lnkd.in/df2q-UXc #digitalassets #blockchain #custody

Glad to announce that I’ve just published an article titled “Regulatory Challenges for Blockchain - Based Crypto Wallets Navigating Compliance in a Decentralized World”. I hope it provides valuable insights and encourages meaningful discussions. Check it out here: https://lnkd.in/eD3q4msr. I’d love to hear your feedback! #article #journal #blockchain