The Haven Protocol and the great crypto divide.

A Thread.

$XHV $BTC

1/
A great division is coming to crypto. Regulated vs Privacy coins is about to change the landscape of the crypto space in ways we can't even imagine yet. Earlier today, Bittrex delisted $XMR, $DASH, $ZEC, and $GRIN. All of these privacy centric coins.

$XHV $BTC
2/
I believe the reason they delisted these coins, is because, across the globe, new regulations are becoming the standard, that says, any deposit or withdrawal of $3000 or more, will require KYC and owner ship proof, of the sending and the receiving wallet. $XHV
3/
Bittrex delisted because they know they will not get those details for privacy coin holders,and realized it's better to delist,than to present mandated non custodial wallet KYC.Privacy coins are under attack,and centralized exchanges may soon find themselves in hot water. $XHV
4/
This will eventually lead to privacy coins no longer being tradable on centralized exchanges. It will greatly increase the need for decentralized exchanges, and this will evolve crypto into a two sided system of private and regulated coins. $XHV $BTC
5/
This will include the need for private stable coins. Only one such coin exists, and that is only accessed through the Haven Protocol @HavenXHV. The positions the Haven Protocol, to be the leader in the new private crypto economy that is about to emerge. $XHV $BTC
6/
The Haven protocol has created something so innovative and inspiring that its full potential and utility will take years to discover. They have created and are creating a private economy. They once marketed themselves as a private offshore bank, but that's short sighted. $XHV

7/
Their primary coin called $XHV acts as a treasury that is burnt for a private stable coin called $xUSD. However as time goes on, xUSD will be swappable in the comfort of your own wallet, with many other private assets.
8/
This wallet acts as a bank that is true, but it also acts as a personal exchange that doesn't require an open market to use. As time goes on,there maybe hundreds of xAssets to choose from inside your Haven vault that you can trade to and from without any money changing hands.
9/
When you want to cash out, you will be able to convert to xUSD and find an open xUSD market, or mint back to $XHV and sell on its open market. Since both xUSD and XHV have monero grade privacy, even selling on a DEX, ensures it remains 100% private.
10/
The important of this cannot be overstated. The level of utility this has for people, the amount of power this grants people is beyond even what I can write here. Using the haven vault and its ecosystem of xAssets will enable users to take full control of their finances.
$XHV
11/
It can be used as a bank to simply store your hard earned crypto gains, or it can be used to invest in a xAsset tied to real gold, and increase your hard earned crypto gains some more. The Haven vault provides something safe from authority.
$XHV
12/
It provides stability, and it cannot be seized censored or frozen. For this reason, it will be the leader of the new privacy revolution. Everyone using volatile assets will want $xUSD and the safety of the haven vault to protect their money. This is bitcoins wet dream.
$XHV
13/
$XHV must be burnt in order to create $xUSD, and xUSD is required to convert the equivalent value you are holding into xAssets. Which means a whole lot of XUSD will need to be created for this ecosystem to emerge, which means the supply of XHV will reduce creating value.
14/
As time goes on the value of XHV will fluctuate because its supply is dynamic, and as people begin using their Haven vault to make money with xAssets, it's supply can increase as well. But the value of $XHV should not overshadow the importance of the xAsset ecosystem.

15/
At the end of the day, whether you get rich off $XHV's coming meteoric rise, or not, the value of XHV is actually irrelevant compared to the freedom they are creating in the world of privacy, and finances. They have truly created financial freedom for anyone that wants it.
16/
They have created a way in which, you have your own personal crypto/stock/fx exchange in your own pocket. As well as your own bank, completely under your control and totally private.There is nothing else like this on the planet. $xhv

17/
There has never been a bigger idea for personal freedom. This will help people globally. This will help the unbanked. This will create its own global economy beyond centralized authority, beyond governments. This will create an entire movement of financial freedom.
$XHV
18/
We haven't even touched on the idea of Haven Loans and so many other things. Nothing is out of the question with this. Everything done in the normal financial world, can now be done in the crypto world thanks to the Haven Protocol. The opportunities are endless. $XHV
19/
It all starts with $XHV and $xUSD gaining traction and liquidity which will drastically increase once @thorchain_org integrates decentralized liquidity pools. This is the beginning of the privacy revolution,and the Haven protocol will not be stopped. This is the way forward.
/20
You can follow @thetamind37.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.