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Kraken· 2025-10-16 16:23
RT XYO (@OfficialXYO)Uptober just got better for the XYO community 🎉@KrakenFX is running a Deposit Match through October 31. Deposit $XYO, $XL1, or cash and earn up to 2% back in USDG.💰 Deposit $1,000+ in crypto or cash1️⃣ 1% match2️⃣ $250M community deposits = 1.5%3️⃣ $500M = 2%No cap. The more the community deposits, the higher everyone’s match.Opt in through the Kraken App: https://t.co/xuo9YQDrrcMore info: https://t.co/DdTHIzhM5zGeographic restrictions apply. ...
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Kraken· 2025-10-16 03:24
Industry Recognition & Transformation - The IMF acknowledges digital money as a new financial reality, signaling the end of denial from establishment institutions [1][2] - The shift is architectural, diffusing the power to issue and control money from institutions to open systems [3] - Traditional finance's edge (regulation, custody, distribution) is eroding as users can hold sovereign digital cash directly [7] - Networks like Ethereum, Solana, Avalanche, and Bitcoin are emerging as new jurisdictions of trust, not just currencies [9] Central Bank Digital Currencies (CBDCs) & Control - Central bank digital currencies (CBDCs) will increase traceability and expand inclusion but also introduce new forms of control via programmable money [4] - The next economic divide will be between societies with open digital systems and those with centralized databases with surveillance [6] - Central banks will issue digital currencies to preserve control, while private institutions will tokenize assets to preserve relevance [14] Open Systems & Innovation - Open systems optimize for freedom and will likely win due to their compounding effect, attracting talent, energy, and trust [15][25] - The new financial order will reward interoperability over control, allowing money to flow freely like information [16] - Governments need to learn from the internet's evolution, creating flexible, innovation-friendly frameworks to become economic hubs [20] Meme Coins & Cultural Impact - Meme coins demonstrate how money can form bottom-up through culture and community, decoupling belief from authority [11] - In digital markets, fundamentals follow networks; memes come first, and infrastructure catches up [12] - Meme coins turn communities into monetary networks, expressing collective value at internet speed [13]