@@seanmonear4917the price point is so low that retail would rather buy hbar than try to buy Bitcoin. Solely a price tag/mental issue. Hbar will do fine
The credit union market has a different regulator than the banks in the US. The regulator has been more flexible due to decentralized recovery solution of Hedera, keys are with the customers. So no FTX scenarios possible. The credit union market is big and they have 30-40 year old software there running on. A big opportunity for growth.
You can find the reason for that in the financial concept on the website of BankSocial. It is used as collateral for loans and in the near future you can stake the token.The 4% fee is not an issue when you see how low the market cap is. Via the DAO there can be voted to remove the fee.
@@katjamojo I like the fee, but should be applied in other instances. It should not be applied when I'm sending from my wallet to BSL app wallet for staking, or vice versa. So sadly it's sitting in my wallet not counting towards TVL stats. For example bought BSL on hash pack and was dinged for 4% for that purchase (buyer should be hit with it) than to transfer from HP to BSL is another 4% plus right after so I decided to just hodl and not eat another fee 😢 Maybe I should reconsider eating it for long term staking to recover the fees. Was just a matter of principle to not get banged for 4% twice. Also never looked it up but for staking us there another fee? What APR do we get for staking? I know we get a share of that 4% in a pool
The transfer fee is in the process of being removed. The 4% fee on all other txns helps everybody (HODLrs) as everbody gets a piece of it. Remember CU's are member owned.
SEC suing OpenSea and deeming NFTs as "securities". In effect, this means that traded RWA Tokenised Assets (on Hedera) are deemed "securities" as well by the SEC. Bad news for Hedera. 😢
SEC will lose for the same reason they lost the ripple case. No judge will ever deem secondary market nft sales as securities. For the same reason they won’t fine little kids for purchasing Pokémon cards and not registering with the SEC.
The most profitable investments never are. Kaspa did over 1000x when it wasn’t in the top 40. This is the reason hedera will be attractive enough price point wise to do a 10-20X
@@hereafter79huge difference. Kaspa was never top 40 until it was. Hbar was and now it’s not with no signs of life during the brief rebounds we’ve had. Much like all the other iso tokens. Lot of time left but it ain’t looking good for those
I think we're more likely for hedera to hit 1 cent then the 10 cent mark this year. There are so many issues with the hbar foundation and the governing council with many of them just being dead weight. There's a reason why hedera has lost over 92 percent of its value since it's all time high and only briefly spiked to spiral back down into the toilet.
CENTRALIZED and DECENTRALIZED CRYPTOS NEED TO REMAIN SEPARATE! CENTRALIZED CRYPTO ATE THE GOVERNMENT SELL IT! DECENTRALIZE ARE THE PEOPLES CRYPTO! 👍👍😇😇
The credit union market has a different regulator than the banks in the US. The regulator has been more flexible due to decentralized recovery solution of Hedera, keys are with the customers. So no FTX scenarios possible. The credit union market is big and they have 30-40 year old software there running on. A big opportunity for growth.
Hedera and BankSocial taking over!! Let's goo!! No competition! 🚀🚀
Are you talking about that shitter from 2021 lol?!
Bank Social is going to be a monster.
Cool to see some bigger channels picking up on BSL I have a feeling it’s gonna be massive
Thank you soooo much for this one Paul & Team! Fantastic video and info!
Good evening everyone.....Hbar let's go Uppp
😂😂😂 Right
@@seanmonear4917the price point is so low that retail would rather buy hbar than try to buy Bitcoin. Solely a price tag/mental issue. Hbar will do fine
The credit union market has a different regulator than the banks in the US. The regulator has been more flexible due to decentralized recovery solution of Hedera, keys are with the customers. So no FTX scenarios possible. The credit union market is big and they have 30-40 year old software there running on. A big opportunity for growth.
Great interview. Serious use cases is what Hedera is all about.
The UCC filing technique is a mind blower...
Hbar rules them all ❤ hbar
Great interview
News from today. The Australian digital dollar AUDD will be launched on Hedera. News is brought by AUDD itself and HBAR Foundation.
This is a great altcoin and has a huge future!
They have their own token BSL.
@@katjamojo I'm a big holder of BSL. Being in at this level is exciting.
Looks great!
BSL rocks !
The BSL airdrop felt kind of underwhelming.
My laptop is not working. I cannot open the pages to create the wallet you are talking about.
Can't believe the 4% fee for BSL txns weren't mentioned. That's a deal breaker for most retail investors unfortunately
You can find the reason for that in the financial concept on the website of BankSocial. It is used as collateral for loans and in the near future you can stake the token.The 4% fee is not an issue when you see how low the market cap is. Via the DAO there can be voted to remove the fee.
@@katjamojo I like the fee, but should be applied in other instances. It should not be applied when I'm sending from my wallet to BSL app wallet for staking, or vice versa. So sadly it's sitting in my wallet not counting towards TVL stats.
For example bought BSL on hash pack and was dinged for 4% for that purchase (buyer should be hit with it) than to transfer from HP to BSL is another 4% plus right after so I decided to just hodl and not eat another fee 😢
Maybe I should reconsider eating it for long term staking to recover the fees. Was just a matter of principle to not get banged for 4% twice. Also never looked it up but for staking us there another fee? What APR do we get for staking? I know we get a share of that 4% in a pool
There was already a discussion on the BSL TG group to vote to remove the fee for transfers. I would also like to see it removed.
The transfer fee is in the process of being removed. The 4% fee on all other txns helps everybody (HODLrs) as everbody gets a piece of it. Remember CU's are member owned.
Waiting on the AVAX video!!
This is exciting. Juno has a chunk of my $$ 😢. I work for big bank. Will be looking into this
The Hedera network has still a lot of hidden gems. A great opportunity for the current bull run.
Are you going to try and interview Richard Heart once he beats the SEC for your freedom of speech and movement in blockchains?
Bruh. How much hex do you have? Lmao. The cope is real. Whoever bought that token after the original pump and dump, you got scammmmmed
Depending on how much 🫰
NEAR
XRP? Hbar and all iso coins will boom 🚀🚀
You weren't wrong mate
When subtitles
Hedera kings
This is a great idea and project.
How can we invest in this project?
They have their own token, BSL.
You can find it on the saucerswap dex which is built on the herdera network
I'm interested ♥️
Looks like BSV Teranode is about to go live
BSV Association and Aerospike Achieve 100 Billion BSV Blockchain Transactions Per Day on Teranode 😳
Bullish on HBAR
Risk assets like crypto are very sensitive for liquidity in the financial system. Liquidity is on the rise, I expect a strong recovery in Q4.
SEC suing OpenSea and deeming NFTs as "securities". In effect, this means that traded RWA Tokenised Assets (on Hedera) are deemed "securities" as well by the SEC. Bad news for Hedera. 😢
NFT’s will be used for plane tickets, maintenance of vehicles, insurance papers, ownership of things etc. The SEC is following a losing strategy.
SEC will lose for the same reason they lost the ripple case. No judge will ever deem secondary market nft sales as securities. For the same reason they won’t fine little kids for purchasing Pokémon cards and not registering with the SEC.
@@katjamojo It might be a losing strategy but it is effective.
I agree with kats stance just wasting taxpayers money
This is a Gary Gensler move. A TRADFI guy through and through. A vote for Trump is a vote for crypto with fair and sensible regs.
Still to many unanswered questions.😢
Like what ?
Bitcoin Bank payment system. Altcoun Bank payment system start
BABOOM... 😉
😎👑😎
Why are you guys praising a token that the app doesn't work, nor the website. The price went down 52% yesterday
What coin went down 52% yesterday. Do you understand %s. Because hedara sure didn't drop 52% any day ever
Hedera by far will be the biggest network in the world, but looks like John and BSL might be more of a scam.
Hedra isn't even in the top 40 anymore lol. What a joke.
The most profitable investments never are. Kaspa did over 1000x when it wasn’t in the top 40. This is the reason hedera will be attractive enough price point wise to do a 10-20X
So you would prefer to buy high and sell low?
@@hereafter79huge difference. Kaspa was never top 40 until it was. Hbar was and now it’s not with no signs of life during the brief rebounds we’ve had. Much like all the other iso tokens. Lot of time left but it ain’t looking good for those
From all the iso chains Hedera has imo the most diversified usecases. Financial, AI, derec, authentication of video, documents, RWA etc
I think we're more likely for hedera to hit 1 cent then the 10 cent mark this year. There are so many issues with the hbar foundation and the governing council with many of them just being dead weight. There's a reason why hedera has lost over 92 percent of its value since it's all time high and only briefly spiked to spiral back down into the toilet.
First
CENTRALIZED and DECENTRALIZED CRYPTOS NEED TO REMAIN SEPARATE! CENTRALIZED CRYPTO ATE THE GOVERNMENT SELL IT! DECENTRALIZE ARE THE PEOPLES CRYPTO! 👍👍😇😇
Praise? Please male it male since! I don't see it!
The credit union market has a different regulator than the banks in the US. The regulator has been more flexible due to decentralized recovery solution of Hedera, keys are with the customers. So no FTX scenarios possible. The credit union market is big and they have 30-40 year old software there running on. A big opportunity for growth.