The vision and strategy of SDF have always been in coreabout distributing Lumen. The network isnow big enough, and mass distribution makes a lot of sense. Stellar provides simple asset issuanceprotocols. Stellar has established fiatendpoints across the world.
Asset-backed fiat tokens provide for cheaper and fasterfinancial systems to users with a real, local impact.
The vision of stellar lumens is to move all assets fromcurrencies to carbon credits over the internet with ease. This is coming to reality.
The multinational user base of Stellar will be able to growaided by the secure and user-friendly way to hold, send, and receive digitalassets with blockchain technology.
The crypto curious users, as well as those users who arewell-experienced, are looking to gain access to the next generation of cryptoassets.
Stellar is looking forward to supporting the user base inthe next few months as new lumens will be distributed to its community members.
Jed McCaleb, CTO, and founder of Stellar recently spokeabout Bitcoin, Mt. Gox, and Stellar. At the Coin Agenda, 2019, he has beendiscussing with Michael Tarpin about his journey to Bitcoin and his interest inthe cryptocurrency space.
He has been telling about how he did not believe in thepossibility of solving the double-spend problem until he read the white paper.He stated that to be the reason for the formation of Mt. Gox exchange as therewas not any way to buy or sell the Bitcoin.
At present, though Stellar is not popular, it serves a purpose similar to Ripple. And several other not so popular tokens like TCAT tokens serve a purpose.
A stellar tweet read thus: βHey, New York City! The #Stellar Pioneers are hosting a Meetup thiscoming Thursday, November 21, and you're invited. It's a great chance to meetfellow blockchain enthusiasts like @samconnerone and learn more about the #Stellarnetwork.β
The Stellar blockchain meet up is on November 21, 2019, atFIC Network and Sam Conner's Meridian Recap at 10 Crosby St, New York, NY.
Presentation 1: Fixed Income Tokenization and Trading on theStellar Blockchain w/ FIC Network. Presenter: Arturs Invanovs, founder and CEOof FIC Network. Presentation 2: StellarMeridian Recap. Presenter: Sam Conner. It is not clear if there will be live streaming of the event.
Stellar Lumens was not able to settle past the $0.0800 and$0.0820 resistances against the US Dollar. The price of the XLM is declining, and it is trading below the $0.0750level. Key Resistance Levels β $0.0730,$0.0750, and $0.0800.
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