Will Jibrel Network make it through the correction holocaust?

Should be. Right now it seems like Jcash is the only way a company could use an Ethereum smart contract TODAY and while not being exposed to crypto volatility.

As soon as it rolls out in more markets it can be used for low fee remittances without volatility exposure as well.

lmao this shit is the first crypto project with real life application, except bat maybe, but who cares about that. You better load this up before reddit finds out

Does anyone know when jCash will actually enter circulation (ie get backed by JNT). Where's my fucking money talal. Shouldn't be too long considering jCash is open right?

technically it already started for 3 countries, but big stuff will come in the q3 news ;)

I guess signing up has been opened but if you look at the Blockchain no jCash has been moved yet, just created.

I still hope Jcash will be really backed by JNT, if not I will be JUSTed like never.

>it seems like Jcash is the only way a company could use an Ethereum smart contract TODAY and while not being exposed to crypto volatility.
Except for maker DAI, who maintained their peg all through 6 months of crashing while the jpeg was liquidating all the sheikh's money.

That never happened

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Ok you were larping you made me check faggot

The jcash peg didn't hold in the bear market. They had to shut it down because the system couldn't handle eth dumping like that.

I don't have any horse in this race so I'm not going to spend time convincing you, but if you're invested it's something you should already know.

If I remember it did hold up although barely. In fairness probably would have failed in a few more days or weeks. The main thing you're wrong on is the sheikhs money being liquidated, these were only simulations and involved no actual money.

Yeah man I'm not really following it that closely. All I remember is that their system did not work, and maker's did.

Yeah it was worrying at the time and led to the jCash/jBonds split. They must have sorted themselves out because apparently it would have held through the latest crash.

talal and yazan confirmed 75% jnt backed, 25% cash.

Kek maker liquidated huge positions during feb-march faggot

Can you exchange DAI for FIAT and vice versa though? That's the entire point of JCash and it's selling point

Talal literally said that with a few tweaks it would hold up well, instead of just barely.

I might also add that in real world the DAO will be providing liquidity thus stabilizing the price. And at current volume it doesn't take much to do that.

where's my FUCKING money Talal?