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      "permlink": "swift-demand-is-an-attempt-at-basic-income-each-user-who-is-signed-up-for-the-service-receives-100-swifts-each-day",
      "title": "Swift Demand is an attempt at basic income. Each user who is signed up for the service receives 100 swifts each day",
      "body": "Register link    https://www.swiftdemand.com/?referred_by=shinyguy\n\nWhat is Swift Demand?\nSwift Demand is an attempt at basic income. Each user who is signed up for the service receives 100 swifts each day. No additional swifts can be created with time or resources. No user can gain any other 'advantage' when it comes to acquiring swifts.![onepager_public.png](https://cdn.steemitimages.com/DQmUkFAQMu4zxCb1LWqKpjxhu2wij6qdxqHPB9yZQ7LyuoJ/onepager_public.png)\nHow Else Can I Get Swifts?\nAdditional swifts can temporarily be generated through referrals at the rate of 500 Swifts per referral. After 5,000,000 users have been reached these bonuses will disappear and income generation will be the sole source of new swifts.\n\n\nHow can I withdraw Swifts to an external wallet?\nThe SwiftDemand blockchain is currently in progress. Swifts cannot be removed from SwiftDemand at this time. Once the blockchain has been completed, withdrawals to external wallets will be possible.\n\n\nWhat is Swift ID?\nYour Swift ID is the ID that you chose when you signed up for SwiftDemand. Other users can use it to send Swifts to your account if they are trying to find you. Please note: You do not need to interact with your Swift ID to claim Swifts.\n\n\nWhen will Swifts be on an exchange?\nWe are currently working on building the technology required to make the Swift Protocol possible. Once the technology has been completed, we will begin the process of talking with various exchanges. We unfortunately cannot make any promises as to exactly when this will be finalized.\n\n\nWhat will happen to my Swifts when it becomes a cryptocurrency?\nAll of your Swifts will be converted to the new cryptocurrency at a 1:1 ratio automatically. You don't need to worry about anything.\n\n\nWhat is the total supply of Swifts?\nThere are different supplies set aside for the development of the platform, funding proposals, and the basic income that is distributed. Please read the white paper linked above for a more detailed description.\n\n\nWhat Is Basic Income?\nBasic income is a concept where all people in a specific group are given a fixed amount of unconditional income. Ideally basic income should reduce poverty and help decrease the wage gap between the rich and the poor improving the quality of society.\n\n\nIs This A Cryptocurrency?\nSwiftDemand is currently a digital currency and will soon become a full cryptocurrency. In mid-2018 all Swifts on SwiftDemand will be transferred at a 1:1 ratio onto the new Swift blockchain.\n\n\nHow Do I Send Swifts?\nSwifts can be sent by going to your account page and typing in the Swift ID of the person or business you wish to send swifts to as well as the amount of swifts you wish to send. Simple click 'Send' and the transaction will be complete.\n\n\nAre There Any Costs Associated With Sending Swifts?\nEach transaction has a 3% fee as well as a 2 swift fee. The fee is used to support the development of Swift Demand, pay for the costs associated with hosting and supporting the service, and allow us to provide protection for users or businesses that were deceived during a transaction.\n\n\nWill Everyone Always Get 100 Swifts?\nThe amount of Swifts generated will slowly reduce over time until the cap of 100 billion Swifts have been reached. The rate of increase will eventually be set to a healthy inflation rate that is in line with the concept of basic income.\n\n\nWhy Do I Need To Actively Claim My Swifts?\nActively requiring users to claim swifts lets Swift Demand ensure the user is both alive and wishes to obtain their daily allowance. It also requires users to be actively engaged with Swift Demand and encourages them to use their income regularly.\n\n\nIs There A Limit To How Many Unclaimed Swifts I Can Have?\nYes, the current limit to unclaimed swifts is 7x the daily allowance of 100 Swifts. This means that if you can't go over 700 unclaimed swifts and will be unable to gain more unclaimed swifts until those are claimed.",
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      "permlink": "coin-security-plans-to-establish-the-first-decentralized-bank-in-malta",
      "title": "Coin Security plans to establish the first decentralized bank in Malta",
      "body": "According to reports, the world's second-largest exchange, Cohen, decided to support the establishment of a decentralized bank in Malta.\n\n\n\n![media_detail.jpg](https://cdn.steemitimages.com/DQmUspfM6A5vH3nQ3YDnkhgzk4yZU9KzpndsWCfGmd91mCR/media_detail.jpg)\n\nBloomberg reported on Thursday that the company has purchased a 5% stake in the founder bank, Founder Bank, for 133 million euros ($155 million).\n\nCoin said that the Founders bank's system is based on blockchain technology and will also issue its own \"legal effect\" cryptocurrency with the financing platform Neufund.\n\nThe bank hopes to get permission from the EU government to officially operate the business. If approved, the bank will become the world's first “decentralized, community-owned” bank. According to the report, the token investor will actually own the bank:\n\n“Malta is a fusion of traditional finance and blockchain finance. There are many things going on in just three months.”\nCoin was established in Hong Kong in July 2017 and moved to Malta in March this year and established a cryptocurrency currency exchange. Malta is a country that is friendly to blockchains and cryptocurrencies. Policy transparency and robust regulation have led many cryptocurrency-related companies to travel there. Just two weeks ago, Malta passed three distributed ledger technology (DLT) and encryption related bills. Malta has taken another step towards the goal of “blockchain island countries”.",
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