BINANCE:BNBUSD   Binance Coin / US Dollar (calculated by TradingView)
Binance is expanding its reach into the payment industry with its acquisition of Swipe. Swipe is a digital wallet, crypto trading platform, and Visa debit card, all rolled into one.

Swipe users can deposit or trade over 30 cryptocurrencies, including Binance’s native BNB token. The Swipe debit card then allows users to spend their crypto assets at over 50 million locations worldwide, wherever Visa is accepted. The most intriguing part of the Visa card is the merchant won’t know if you paid in crypto or fiat, as they only see their native currency. All the conversions are virtually instant and in the background.

Binance will use this acquisition to further bridge the gap between traditional currencies and digital assets. Binance previously announced plans to launch a debit card back in April, but it didn’t materialize. The recent acquisition of Swipe now gives Binance the tools it needs to connect its trading platform to traditional payment systems around the globe.

We see this Fintech type of acquisition adding yet another revenue stream to Binance’s other recent developments, such as crypto pool mining, the derivative platform FTX, and CoinMarketCap acquisition. Binance is clearly becoming a dominant player in crypto, which is why we think BNB will gain more from here.

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nice
my Analysis
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ShinForex1 T_V_TreeTrader
@T_V_TreeTrader, this is nice. probably see moves in altcoins as bitcoin dominance decrease. meaning money flowing out of btc to altcoins
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Well put. Although not factored into evaluations of digital assets at present, we will start to see things like revenue streams being given weight in the evaluation equations of an asset in the future, much like investing in a real world stock of a company. Right now it seems this eco-sphere is merely a place for the technology group to play and experiment and funded by the investment and speculation of their digital coins and tokens. Many great ideas and talented "coders", but as of yet, not too much being seen in the real world. It takes time, but early investors will be rewarded in great proportions.

What is that quote ....? " The future belongs to those who prepare for it."

Thanks for the chart. Enjoy your weekend.

Ward Weaire
Toronto, Canada
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ShinForex1 WMWToronto
@WMWToronto, There is a great article i read. it talk about how software take about 10yrs like during the internet era.we shall see the same thing play around with crypto until the adaption starts kicking in.
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WMWToronto ShinForex1
@ShinForex1, True, but I think things may move a little faster in the "Blockchain" era, because many of the projects are "open sourced" and you have contributors to a project from all over the globe. I like the transparency element, and the de-centralizeed infrastructure in some applications, but I still can't see any revenue generating projects developing at present ? I think I would have to read a few white papers on different projects like LINK for instance. I can see the usefulness of the LINK application, but how is it going to generate revenue for investors ? Are they going to charge by the transaction or perhaps like Microsoft who have a "software by subscription" business model ? Who knows ? I do know one thing however, is that the value of a coins ( which is just like a share of a company) can't continue to rise in price just because of market speculation, Airdrops or naming a token after Asian food. Some where in the future these projects will have to bring something to the marketplace that people want to buy.

Just my thoughts.

Ward Weaire
Toronto, Canada
A beautiful sunny day at 13 degrees.
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ShinForex1 WMWToronto
@WMWToronto, i have few project i think are really setting the bar , have a check on sigularitynet. open market place for decentralized artificial intelligence service. i think there revenue stream will come from selling AI services.
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WMWToronto ShinForex1
@ShinForex1, Thanks. Excellent article and website. I will have to try their demos. I have seen the robot they developed on Youtube. I am still not sure how developing a technology like this on a Blockchain platform is of any great benefit though, as I am sure it was started at first off a Blockchain ? I am sure however that the native currency BNB will continue to increase in price and relevancy, as Binance continues to develop and contribute to the crypto universe. Oh yes, where are you writing from ?

Thanks again,

Ward Weaire
Toronto, Canada
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ShinForex1 WMWToronto
@WMWToronto, from tokyo japan. welcome here,
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WMWToronto ShinForex1
@ShinForex1, How interesting. I have been to Tokyo quite a few years ago and really enjoyed it. The people of Japan were very friendly and the girls were very beautiful. I just love the sushi and sashimi. I have a friend here in Toronto who is from Japan. She came here to study English and ended up marrying a guy from school and staying in Toronto. I believe you spell her name as Keiko.

I hope your trades are going well and you are learning something, I am always learning and trying to learn how to build a linear regression band for ETH. You can learn just about anything these days on the internet. Oh yes, I am in the process of trying one of the AI programs on sigularitynet. it is the one that separates the vocals from the instruments in a musical recording. I have to continue with it when I find time.

Thanks for your reply,

Ward Weaire
Toronto, Canada
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ShinForex1 WMWToronto
@WMWToronto, Yoh! that is sick. Its among my dream to come to canada . I think is one of the leading countries in AI software development if i am not mistaken. Probably i will plan a trip in the near future to pay a visit.

Trading has its up and down . especially this month the market kinda changed i think cause of the upcoming election but we all need to learn to strive in every situation. At the moment i am learning More about Ethereum solidity Programming . so kinda exited and Hope we could share ideas one various stuff with AI and blockchain.

Thanks you so much

Cheers !☺️
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