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      "title": "The future of Secure currency,not USDT ,not GUST#05Adjustment method#",
      "body": "I will tell you the opinion about secure from a master of economics, Friedrich August von Hayek.You can learn what Secure currency could be holded.\n![](https://cdn.steemitimages.com/DQmbLpLdDbvaYpLgsus24HC2eqgHbTbrpioqpKGaQJrS8Jx/blob)\nFirst, the method of payment can increase or decrease the total amount of money by adjusting the interest rate of the payment. Through the payment method, Token can continue to be circulated to the public. Once other Tokens continue to depreciate, especially those air coins, the public will increase the demand for stable currency.\nIn order to prevent the possibility of the issuer from increasing the value of the currency at will, it is also allowed to pay the amount of money issued by the issuer in the nominal amount of the currency of the issuer, or in the corresponding amount of other currencies as long as its value is sufficient in the market. The equivalent of the product purchased on the purchase of this payment can be used. This will give users a high probability of eliminating the concern of the issuer to increase the value of the currency. In this way, a large amount of premium currency can be obtained, but a series of investments can be made to offset the general decline in prices caused by the economic process itself, including interest-bearing securities and commodities.\nThe second is to sell or repurchase its own Token with other Tokens as tools. When the demand in the market is less than the money supply, you can purchase your own Token through other Tokens; when the market demand is greater than the supply, you can use your other Token to purchase your own Token. When selling their own Token or when the public borrows from other Tokens, they will exchange a large amount of money in the market and carry out some investment business. In order to prevent the surge in demand for its own stable currency caused by the sharp depreciation of other currencies due to intense inflation, it is possible to repurchase its own stable currency by increasing the exchange ratio. Therefore, you need to prepare sufficient preparation currency when making investments.",
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      "body": "I will tell you the opinion about secure from a master of economics, Friedrich August von Hayek.You can learn what Secure currency could be holded.\n![](https://cdn.steemitimages.com/DQmUeRNn5oWEM3ujS6Up6XBMLCpcAeFfXxWdPJ6viCVZSpp/blob)\nThe things anchored by the stable currency are very critical, and definitely should not be dollars. The  US dollar as the standard has proved to be destructive to the huge business cycle of the economy. The Fed itself can control or influence the economies of each country to serve itself . The US dollar has strong cyclical fluctuations 。It is not suitable as a 1:1 anchor. \nIt is most appropriate to prepare a standard system with a set of raw materials as commodities. The economic calculations and accounting calculations of each firm depend on the overall stability of price.The most important of which are widely traded products, including raw materials,food and industrial semi-finished products. At the same time, due to the real-time display of the prices associated with their trading in the market, the price is very sensitive and can be well predicted to fluctuate the overall level of the price. Moreover, since the influence of the amount of money on the raw materials is prior to the consumer goods, it is better to directly use the combination of raw materials as the standard and to regulate the price of the currency to stabilize the price as the standard. Of course, the best state is actually to use the initial factors of production, but it is difficult for land and labor to find effective statistical indicators to calculate the average price, and secondly we choose raw materials.\nThe value is set by a set of raw materials with a fixed amount , each of which is quoted in other real-time dollar/euro quotations multiplied by the exchange rate and summed to obtain a number in its own token. All we have to do is fix the standard at the beginning and set a range that will float up and down, and then make sure that the amount is stable.\nIn the selection of the number and type of specific raw material combinations, it is possible to consider the choice according to the regionality, or to select according to the more common general raw materials. It brings value and other differences, which can be something that needs to be tried and iterated. But in the end, the actual type of commodity will be limited to a narrow range and tend to be stable.\nAnd as an anchor, it is not necessary to reserve a large amount of anchors as in the previous government to give public confidence. In the past, the government had a monopoly on currency issuance, and the gold and silver standard could limit the government's additional issuance to avoid inflation. But the current situation is market competition, which means that if you do not achieve the promised price stability, people can choose another currency to use. So ensuring price stability is the key, and  stocking the corresponding anchors may not be necessary.",
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      "title": "The future of Secure currency,not USDT ,not GUST#03Public confidence#",
      "body": "I will tell you the opinion about secure from a master of economics, Friedrich August von Hayek.You can learn what Secure currency could be holded.\n![](https://cdn.steemitimages.com/DQmQkrti4u6Wmas8bo4BBzf2DDDeMPTxbb5rMdxFL16QDB6/blob)\nIn order to establish confidence for the public, it is necessary to set a target price and declare a reserve price so that its price will not fall below this price, and declare a maximum price so that its price will not be higher than this price. Regardless of the method, it is necessary to stabilize the price in this range . In particular, it is necessary to show real-time price and adjustment measures to the public to build confidence.\nIn order to prevent the possibility of the issuer from increasing  the currency at will, it is also allowed to pay the amount of money issued by the issuer in the nominal amount of the currency of the issuer, or in the corresponding amount of other currencies as long as the value is equal to the market. This will give users a high probability of avoiding the fear of rising and falling prices.",
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      "permlink": "the-future-of-secure-currency-not-usdt-not-gust-02inflation",
      "title": "The future of Secure currency,not USDT ,not GUST#02inflation#",
      "body": "I will tell you the opinion about secure from a master of economics, Friedrich August von Hayek.You can learn what Secure currency could be holded.\nThere are four main uses as currency. The first is for buying service, the second is for holding future reserves, the third is for contractual delayed payments, and the fourth is for The accounting unit . \n![](https://cdn.steemitimages.com/DQmasizAvWGnLFgHKv1dy3TVYBLYGi2PfQgH6HgRHREmdxP/blob)\nIn the first type, the quantity of goods that the currency can buy determines the need of this currency; in the second, the public's demand for it comes from the stability of its price, especially its potential for appreciation. (There seems to be some contradiction for the stable currency, but it can increase the number of stable coins held by the public according to the proportion of the stable currency  to achieve the purpose of increasing value); In the third , the borrower and the Payer like the  depreciation or appreciation currency . From the long-term market, there will be no one-sided phenomenon, which will be more offset by the loss of income; in the fourth,the key to economic calculations and to the currency of production and trading is the stability of accounting values.\nIn summary, the public nees a wide range of trading objects, stable prices, appreciation of value, and stable accounting value currency.And it is also necessary to prevent the government from hindering and controlling the decentralization、security、and privacy .",
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      "permlink": "steemitboard-notify-markmeng-20181018t152941000z",
      "title": "",
      "body": "Congratulations @markmeng! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@markmeng) Award for the number of upvotes\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-steem-power-followers-and-following-added\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/steemitboard-ranking-update-steem-power-followers-and-following-added\">SteemitBoard Ranking update - Steem Power, Followers and Following added</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "permlink": "the-future-of-secure-currency-not-usdt-not-gust-01inflation",
      "title": "The future of Secure currency,not USDT ,not GUST#01inflation#",
      "body": "Recently, USDT has plummeted, are you afraid to hold Secure currency?I will tell you the opinion about secure from  a master of economics, Friedrich August von Hayek.You can learn what Secure currency could be holded.\nFirst,talk about why we need secure currency necessary.\n![coins-1015125__340.jpg](https://cdn.steemitimages.com/DQmRigmfvZc4KxP5hUb6usyJPsCuF3jqY7Qb9PepyCMq3To/coins-1015125__340.jpg)\nAfter  giving up the gold anchor, government issue paper money with its own credit as an endorsement .Led by the US and then spread around the world.This method will lead to long-term inevitable inflation. \nThis will not only  reduce the public purchasing power, more importantly, the market structure about price will be disrupted.so that resources and labor will be invested in the wrong direction.Because that could be profitable in the case of accelerated inflation. \nThis is also the root cause of the cyclical financial disaster and the tide of unemployment. It is driven by benefit.The government monopolizes the power to issue money. Reducing the deficit and increasing spending, it will continue to increase the currency. \nBy allowing private companies to issue currency, market competition will make secure currency stand out, and the pursuit of personal benefit will drive the company to maintain its price securty. Using the price of a secure currency  to convey the results from countless events in the market, This process ensures the maintenance of an order in which the plans of each participant are coordinated",
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      "permlink": "destructive-innovation-in-blockchain-third",
      "title": "Destructive innovation in blockchain #third#",
      "body": "Today,I will finish the last module of this project.\nThrough the judgment of the overlap about their value networks, we can see whether  or not the new technology could grow up  and create some big companies, instead of being swallowed up.\nValue network include component production, product design, operating system, application software, sales channels, services.\n![logo.png](https://cdn.steemitimages.com/DQmdk4o4jZoyZz32h49T1yJpQD9WskTMnMqUYGmViTQ51MW/logo.png)\nLet's analyze them one by one about blockchain's value networks.Product design may be provided by community  and user voting mechanism to decide someting, but interaction  are not much changed, escape artificial intelligence develop especially about NLP; component production does not exist yet, but with the development of IOT and 5G , smart cars、 smart voice box、glasses、 bracelets, will become different Mobile terminals  in the future. The operating system is a brand new platform like Ethereum、EOS. The application software is based on different program structures and named web3.0. The users will use wallet, bourse as new scene entrance to search for a new world.\nIt can be clearly seen that the future blockchain exists in the brand new value network that not overlap with Internet, but this value network is intertwined with artificial intelligence, virtual reality etc.",
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      "title": "Destructive innovation in blockchain#second#",
      "body": "Enterprise barrier\nLet’s look at the strongest barriers, network effect and data intelligence.\nIn the aspect of network effect, the blockchain is even stronger than the Internet. Except Internet has , the blockchain also has public account books, decentralized consensus and special incentive mechanisms. In particular, the speed stability of the network with increased as nodes  can be improved.  Contributions made in the network are recorded and given the corresponding tokens in return. As the value of the network develops, the value of the token also rises together, so users in the network will automatically do more things. The nonlinearity of this network value is much stronger than the Internet.\nIn terms of data intelligence, all data will be recorded on the block and transparent backtracking. The  the data sees to be more  open. The synergy and development of the community can form a group to accelerate the innovation, which is better for the  development of data intelligence algorithms. Person can be incent to provide his dates and get the Token for return.\n![working-1219889__340.jpg](https://cdn.steemitimages.com/DQmcTnyTddDra5JFBreYgmogVoL4kXWs8pBjqi3aEKhq7VV/working-1219889__340.jpg)\nAsymmetry of motivation and ability\nBlockchains need to be asymmetrical about motivation and ability to avoid being strangled by big Internet companies before they grow up.\nThe major market for big Internet companies is that offline trading scenarios ,mainly include new retail, new finance, and new logistics. The development direction of the blockchain must be to avoid the market where the big companies are developing. Low-end market or the market where they do not exist in the past is important. The Internet is still moving offline to the line and constantly providing a large number of online services. The blockchain focuses on low cost structures,data security and stability networks, and globally convenient transactions. This is an issue that the Internet cannot. That is to say, the ability asymmetry is also completely achievable.\n\nI will finish this series tomorrow，thank you for reading~",
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      "permlink": "re-markmeng-a-explorer-of-token-economy-a-lifelong-learner-20181011t121046132z",
      "title": "",
      "body": "Wanted to welcome you to Steemit & be one of your first upvotes. For me, the 2 best things about being a Steemian are sharing and automation. The sharing part is when you upvote someone else's post, you get a piece of the curation (money/crypto) from that post (and vice versa). The automation comes from using  [steemauto.com](http://steemauto.com/)  to auto upvote so you can literally make crypto (Steem) in your sleep.\n\nFor example, we can share the curation on my post from today called \"[Swimming with a Chinese Softshell Turtle](https://steemit.com/travel/@stewsak/bndn4bu9)\" by upvoting it (The Sharing). The amount of money is shown in the post.\n\nAfter signing in to  [steemauto.com](http://steemauto.com/)  using Steemconnect (a part of the Steem blockchain), come back and click here:   \"[Stewsak Fanbase](https://steemauto.com/dash.php?i=2&fan=stewsak)\" and follow to upvote and receive a piece of the curation to all of my posts (the automation). Sharing is beautiful and I would love to share the piece of the money/crypto with you on *all* of my post. I look forward to reading your post in the near future and if you have any questions, ask away :) Have an outstanding week!\n\n\"Wishing you the best...\"\n\n# @stewsak",
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      "body": "Blockchain technology are well known for lot of people, but many people are not very clear about it's business value, including some entrepreneurs.So I want analyze it here by the theory from Clayton M. Christensen，a Innovation strategy master.\n\nBlockchain technical characteristics\nIn the past year, blockchain technology has been known to many people. Let’s simply review it.\nFirst, there is a distributed ledger, all transaction data is stored in the ledger and we can see it on every computer node. It is immutable.\nThe second is a set of encryption algorithms, although you can see all the transaction data but can not be traced back to the person, unless the person shows his private key. \nThe third is a decentralized peer-to-peer network. All data is circulated at each node. The node does not need a  central organization to control. Therefore, the consensus is not based on the strength or credit of the central organization,is the network itself. If the nodes demage the rules ,they will lose more than they have, so the economic man will spontaneously maintain the smooth running of the rules. \nThe fourth is diging, and the computing power of the network is provided by each node.There are different mechanisms designed to incent the nodes.\n\nDestructive innovation\nNext, we need to analyze the subversive  of the blockchain on the Internet to determine whether it is the most important technological innovation in the next decade.\n![10-disruptive-innovation-315-728.jpg](https://cdn.steemitimages.com/DQmbMxSopncmG862N2whHZiUusTpGqjiCw85B8RaUBMhG8z/10-disruptive-innovation-315-728.jpg)\nFirst of all, see if there is  a subversive strategy. Generally , the subversive strategy is divided into two types, new market disruption and low-end disruption. \nOn the new market disruption,the digital currency generated by the blockchain is composed entirely of a set of encryption algorithms that can be circulated throughout the world without any restrictions. Especially in the case of services that require currency trading, it completely removes the restrictions between national borders ，reduces the cost of trust-building， increases the number of consumers. \nAt the low-end of disruption, Internet services require a centralized server to  operate, but the blockchain is distributed by global nodes to provide computing power and many others service can be provided by algorithm、community ets. So  the cost will be greatly reduced, the efficiency will be greatly improved. In the future,even if the company goes bankrupt, the network can continue to operate without the team to maintain.\nIn addition, although the Internet provides countless functions and services, this obviously exceeds the needs of the users themselves. So you can see that the battles of Internet companies focus on getting users’ attention. However, in terms of reliability, Internet companies are completely failure. From Google to Facebook ,they have collected a large amount of user data and used it privately, especially because they are collecting user data in all areas deliberately. No matter how they use,this kind of behavior is extremely dangerous. The blockchain is extremely disruptive in this respect.\n\n Next, we also need to judge whether there are strong enough barriers in the blockchain, and whether the blockchain has asymmetry of motivation and asymmetry for the Internet.This will determine whether blockchain can grow independently under the rule of big Internet companies. And  the overlap of  value network between blockchain and the Internet can be used  to judge the size of the expansion barrier in the develop.",
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      "body": "You are awesome and smart and yeah, blockchain has been changing the world in a few different ways in the 2010, in many countries around the world, and it is a better choice, a better alternative, to centralized websites, programs, places, things, or whatever. Technology, blockchain, and many different things, are like tools, like weapons and they can be used for good and for bad. Blunt English is better than deceptive English. I love free markets, competition, freedoms, choices, rewards, consequences, rights, the ability to buy, sell, to try, to compete, to think, for free speech, and things like that. People call me Oatmeal. I was in Vietnam. Nice to meet you, Mark Meng. Upvoted.",
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      "body": "Congratulations @markmeng! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstvote.png)](http://steemitboard.com/@markmeng) You made your First Vote\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@markmeng) You published your First Post\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstcomment.png)](http://steemitboard.com/@markmeng) You made your First Comment\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@markmeng) You got a First Vote\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@markmeng) Award for the number of upvotes received\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/spanish/@steemitboard/presentamos-el-ranking-de-steemitboard\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmfRVpHQhLDhnjDtqck8GPv9NPvNKPfMsDaAFDE1D9Er2Z/header_ranking.png\"></a></td><td><a href=\"https://steemit.com/spanish/@steemitboard/presentamos-el-ranking-de-steemitboard\">Presentamos el Ranking de SteemitBoard</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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