Nutbox Report 2021-09-28

English Version

Hello, folks, it’s time for the weekly Nutbox report again.

The cryptocurrency world continues to fall after last week. Some says that this is related to the ban on all cryptocurrency activities in mainland China. However, it seemed that the price of Bitcoin bounced back a bit two days after the news came out.

I have read a report recently stated that the Bitcoin is an asset, and rather difficult to be the global currency of the world. The legal tender requires to have an intrinsic value, medium of exchange, store of value, and standard of deferred payment.

In the past, gold and silver first were used as production tools, they changed production relations, and gradually evolved into currency that could be used reserve values and exchanged other products. This process requires the need the existence of such materials.

There are some truths in that statement.

Let's talk about the world's most dominate currency, the US dollar; in the process of rising and falling of the economic crisis, the US Dollar has been printed for QEs and eventually recycled in a later stage. It brings the value up and down. However, everyone still uses U.S. dollars as the currency for transactions in global trade. The main reason is not that the paper used for printing money is special, or backed by gold.

The support of the US dollar's strongest position is the strong productivity and consumption power of the United States; coupled with the military might that can reach anywhere in the world. However, with the economic slowdown of the United States in recent years, fiat currencies from other countries have gradually come to the challenge the dominate position. Although none has not been able to knock down the dollar yet, it surely makes the dollar worry a little bit.

The use of bitcoin or other cryptocurrencies can be excited and even utilized as legal tenders as we saw in El Salvador. It can to some extent fill the void of the devalued U.S. dollar. However, the biggest value of Bitcoin at this moment is to store values; in everyone's life, it is not an indispensable means of trade.

Although there are many coins/tokens used with specific use cases, most of the cryptocurrencies are still used with only one of the four fundamental values of a true currency. And the values of most of crypto fluctuate and change with the rise and fall of Bitcoin; not to mention, the world is full of countless " Scam tokens" or meme coins. Those do not contribute much to economic development and legitimate of cryptocurrency.

All in all, if cryptocurrency wants to become a THE next "money" in the history of currency reforms, it still needs to fulfill more roles of a true currency and gain more credibility; but not act as a security/stock to earn a quick buck.

$PNUT Pricing

Let's talk about the price of $PNUT.

Following the big brothers and sisters tokens in the cryptocurrency world, The $PNUT continues to fall slowly last week. The price dropped from $0.0269 on Monday to $0.0237 (-13%) on Sunday, the decline was worse than Bitcoin or Ethereum, etc. in the same period.

Hope that the next Halving within 6 days will bring some momentum to $PNUT and starts its rebound.

The tweets below is the link about PNUT Halving notice, and there is a lucky draw event that will give 10,000 $PNUT to 10 lucky winners for participation. Don't miss out.

https://twitter.com/NutboxDao/status/1442713493711491072

Total Delegated SP

The price drop did not slowdown the increase of total delegations. We had yet another ATH on Sunday. The passive income from delegating to Nutboxes' Peanut project brings a variety of active income and passive income to the holders. This type of investment integrated with temporary income and continuous income is the main reason why everyone's confident are high during a price drop period.

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中文介绍

大家好，又到了坚果盒一周一次的评论时间。

虚拟货币世界继两周前的下滑之势，继续走低。有人说这和这次中国大陆禁止虚拟货币交易有关，不过在消息出来之后的两天内，比特币的价格又回升了一些。

最近看了一篇报道。说:

为什么比特币是资产，不能成为世界的通用货币。

法定货币需要拥有价值标准，交易媒介，价值储蓄，延期支付四个基本要素。过去的金、银都是先经过生产工具，改变生产关系，逐渐演变成可以用来交换的货币。一定需要有物质存在的必要。

说的有一些道理，比如说这个世界的第一通用货币，美元。美国在经济危机到上升、下降的过程中，随便印钱，回收。而大家依旧以美金为在世界上交易的货币，主要原因并不是印钞的纸有什么特殊，美元早已和黄金脱钩。

在背后支撑美金全球最强地位的是美国强大的生产力和消费力；再加上可以到达全球任何地方的战力。这几年随着美国的经济的衰退，其他国家的法币便逐渐脱颖而出。虽然还没有达到打倒美元的能量，但是也让美元感到一些危机。

使用比特币或者其他虚拟货币，甚至指定为国家的法币在某种程度上也是因为印刷美钞导致贬值导致。然而比特币目前最大的价值是价值储蓄；在大家的生活中，并不是不可缺少的交易手段。
虽然虚拟货币世界中，有很多用于具体世纪用例的代币，但是大部分的虚拟货币还是随着老大哥比特币的涨落和发生变化；更何况，在这个世界里还充满了数不胜数的“骗子代币”或者迷因货币。对经济的发展并没有太多的贡献。

总而言之，虚拟货币想要成为货币改革的历史上的一个里程碑，还是需要更多的使用价值和可信度；而不是一个投机的工具。

花生币价格

扯得太远了，我们来说说坚果盒的花生币。

继续跟随虚拟货币世界的大哥大姐们，继续缓慢下跌。从周一$0.0269降至周日的$0.0237（-13%）。下降的高度超过同时期的比特币、以太坊等老大哥们。

希望一周之后的Halving能够给花生币带来一些动力，始其反弹。

总代理数

价格的降低并没有阻碍坚果盒的花生项目得到的代理。刚刚过去的周日再次创建了历史新高。代理坚果盒的被动收入给持币者带来多种主动收入和被动收入的方式。这种与暂时收入和持续收入为一体的理财方式是大家代理的主要原因。

开发更新

• 合约和中继器：
  1. 更新分发策略的扩展功能以适应更多通用策略
  2. Excutor更新为slot模式，支持后续功能升级
  3. 修复跨链账户绑定逻辑，支持各种POS链账户与主链账户绑定
• 核桃Walnut前端
  1. 新界面重构官方页面各模块
  2. 优化APY的计算方式
• 后台：
  1. 新前端新增社区、矿池、资产相关字段、监听方式

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【For detailed distribution rules, please refer to the document】: https://docs.nutbox.io

【Delegation manual】: https://blog.nutbox.io/@nutbox.mine/the-new-ui-of-nutbox-is-about-to-online-and-the-tutorial-of-new-ui

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@timbae【Korea】

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