Crypto started out, with a brilliant idea. The idea was to create a trustless system of money, that didn't know borders, and catered to all, while granting financial control and privacy to everyone. Thus, bitcoin was invented. $BTC $XHV $xUSD
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Over the last 12 years since bitcoin came to the world with a solution against centralized finance, it has spawned thousands of new crypto currencies all targeting specific use cases, and innovative new solutions for almost all industries that exist. $BTC $XHV $xUSD
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The sheer amount of potential crypto can offer to the world, is beyond words. It's bigger than anyone can explain, because it changes the economic model into a new system of economics entirely. This has not gone unnoticed by governments. $BTC $XHV $xUSD
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Governments are realizing now, that crypto is not going away, and that, it's very easy for people to take control of their finances without needing a bank, or reporting it for income tax. It's a power the people have never had. $BTC $XHV $xUSD
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New regulations are being introduced across the world, and most of these regulation, are out to destroy the foundation $BTC was designed for in the first place. They want to get rid of self custody wallet, and make every wallet KYC (know your customer), eliminating privacy.
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Lucky for us, crypto has evolved as well, and foresaw the government overreaching regulations coming from a mile away, and set out to build an ecosystem of synthetic assets, that can forever be kept private and in personal control of the one who owns it. They created, $XHV.
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$XHV known as the Haven Protocol, is built on the backbone of Monero, giving it privacy that no one has yet been able to crack, and can evolve even if they did. This level of privacy, is incredible for those who understand how precious true privacy really is. $BTC
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However, privacy is only the beginning. What they have created with Haven, is essentially an evolved version of what bitcoin intended to be in the first place. A store of value, of not just crypto, but of real world assets. $XHV $xUSD $BTC
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$BTC Bitcoin has always been subject to its own volatility, so being a store of value has always been questionable, because your value can drop by 50% in an hour. It is not reliable, and no crypto with volatility is. $XHV is no different in this regard. So they created $xUSD.
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$xUSD is a stable coin that is created by, burning $XHV within your own haven wallet. Through the use of pricing oracles such as $BAND and $LINK, they are able to keep track of the market value of $XHV, to determine how many $xUSD you can mint, based on how many XHV you hold.
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Vice versa for burning $xUSD back into $XHV if you wish to be subject to the volatility again.All this is done privately in the comfort of your own wallet, and no one else knows, it's only you. You are responsible, you are in control, and no one can seize, or freeze it, ever.
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Lets recap. By owning $XHV, you are subject to the volatility of the price of $XHV,which is no different than $BTC. It will fluctuate, sometimes drastically, given market conditions. However,unlike Bitcoin,Haven grants you access to an exit from that volatility through $xUSD.
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Do you understand the significance of that? Normally, you would have to sell into a stable coin or fiat currencies, to hedge against the volatility. The problem with this, is there is no such thing, as a private stable coin. $xUSD, is the first ever, private stable coin.
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Which means, when you have 20,000 dollars that you want to save but not spend... You can use $xUSD to offshore it in your own personal Haven vault. You can store 20,000 ( or any amount) and know its in a savings account, for later use, with no worries of volatility.
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That in and of itself, makes $xUSD a very powerful stable coin. However, Haven has gone the next mile, and decided to create an ecosystem of stable xAssets, tied to the value of it's real world counter part. Giving you options on what you want in your portfolio. $XHV
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How cool would it be, to take your hard earned crypto profits, and jump into an xAsset tied to the value of say... Gold? $xGold will be an option in your private Haven vault in the coming months. More and more will be added in time. Do you see the potential here? $XHV $xUSD
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The majority of coins, if not all, trade against $BTC, as the primary trading pair. Making all coins sort of dependent upon what BTC does, if btc crashes, they all crash, because their value in BTC drops against the dollar. This is why the tide raises all coins as BTC rises.
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With $XHV, this is not the case. XHV is burnt to create all xAssets, therefore, the supply of $XHV is reduced, the more xAssets exist. So XHV can soar in value, while all of its xAssets, remain tied to their real world value taken from the oracles.
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So $XHV creates a store of value, in all xAssets, while also creating a more reliable store of value for itself, compared to bitcoin, simply because of the reducing supply. Which can also increase, if many people want to sell out of their xAssets. But their stability remains.
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So you can clearly see, that $XHV and its ecosystem of xAssets, is far superior, yet, honors the original intention of $BTC. The Haven Protocol is essentially bitcoin 2.0. And it's only a 30m cap coin.If you've been looking for the next bitcoin.... you've found it.
@HavenXHV /21
