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‘Binance Phone’: HTC to Launch DLT Phone with Direct Link to Binance Chain/DEX

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  • Yuri Molchan
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    Binance teams up with the HTC giant to launch EXODUS 1 that supports the Binance DEX and Binance blockchain – limited edition

Binance teams up with HTC to release EXODUS 1 that will support Binance DEX
Cover image via www.binance.com

The leading digital trader Binance that has been expanding its presence aggressively as of late and has introduced BTC futures trading recently has partnered HTC to release a limited number of  crypto phones. Apart from crypto wallets, those will automatically support Binance ledger and the Binance’s decentralized platform for crypto trading.

Binance teams up with HTC

The Binance corporate blog says that the biggest and the most innovative digital exchange is collaborating with HTC to release a DLT phone that will let customers trade on Binance DEX and benefit from using the Binance Chain – right on the new smartphone Binance Edition.

On this smartphone, the Binance DEX will be integrated with the native crypto wallet of HTC – Zion Vault – and this will allow customers to trade on the dex directly.

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Earlier, it was reported that the most recent edition of EXODUS crypto phone allows users to run a full-scale Bitcoin node on it.

HTC’s Phil Chen believes that this collaboration will change the current paradigm of using crypto exchanges and accessing them from mobile devices.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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Ethereum’s Vitalik Buterin: Fiat Money Will Not be Destroyed

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  • Vladislav Sopov
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    Vitalik Buterin, Co-Founder of the Ethereum Foundation and “father” of Ethereum, sat down with Eric Weinstein on The Portal podcast to discuss “old” and “new” economics.

Vitalik Buterin, Ethereum: Fiat Money Will Not Be Destroyed
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Contents

Two intellectuals, Vitalik Buterin (Creator of Ethereum), and Eric Weinstein (PhD, scientist, and Managing Director at Thiel Capital), recently sat down on The Portal to discuss Mr. Buterin's attitude towards the "classic" economics theory.

Libertarianism and Diversity

When both individuals discussed libertarianism, Vitalik Buterin said that libertarians mostly belong to two large groups characterized as either a "leave me alone'" or "conquer the world" approach. This divergence can be extrapolated into cryptocurrencies in terms of their mass adoption.

Mr. Buterin highlighted that there are participants within the crypto community that are assured that fiat currencies will be destroyed and replaced by Bitcoin (BTC). In general, Mr. Buterin estimated that the prospects of any "short-term disruption" for the sake of some "nebulous long-term gain" is skeptical. He said:

I'm definitely not in the camp that actively relishes that fiat currencies will be destroyed. 

Mr. Buterin added that several members within the Bitcoin community share this belief.

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Peaceful Coexistence

Vitalik Buterin predicts that Bitcoin and other cryptocurrencies will coexist with fiat money and balance the disadvantages of the classic monetary system. He also added that cryptocurrencies will provide "checks and balances" against a government monopoly on "issuing money" rather than "replacing it entirely".

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Mr. Buterin is well-known as a champion of pluralism in future world of cryptocurrency. He is sure that different communities will defend their views on its development.

Will crypto one day replace fiat money? Tell us your opinion on Twitter.

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About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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