Among the more frequently mentioned G+ alternatives at the Google+ Mass Migration community, and others, is MeWe with over 250 mentions. The site bills itself as "The Next-Gen Social Network" and the "anti-Facebook": "No Ads, No Political Bias, No Spyware. NO BS. It is headed by professed Libertarian CEO Mark Weinstein.
As the site reveals no public user-generated content to non-members, it's necessary to create an account in order to get a full impression. I thought I'd provide an overview based on recent explorations.
This report leads of with background on the company, though readers may find the report and analysis of specific groups on the site of interest.

Leadership

Founder & CEO Mark Weinstein.
Co-Founder & Chief Scientist, Jonathan Wolfe (no longer with company).
Weinstein previously founded SuperFamily and SuperFriends, "at the turn of the millennium". Weinstein's MeWe biography lists articles published by The Mirror (UK), Huffington Post, USA Today, InfoSecurity Magazine, Dark Reading, and the Nation. His media appearances include MarketWatch, PBS, Fox News, and CNN. He's also the author of several personal-success books.
His Crunchbase bio is a repeat of the MeWe content.

Advisory Board

Sir Tim Berners-Lee: Inventor of the World Wide Web.
Jack Canfield: Legendary Founder, Chicken Soup For The Soul.
John Friedman: Founding Partner, Easton Capital.
Cullen Hoback: Director, Terms and Conditions May Apply.
Dianne Morrison: Partner, MorrisonMcNabb, LLC.
Colin Sebastian: Director, Equity Research/Internet, RW Baird.
Brett Shevack: CEO, Brand Initiatives; Former Vice Chair, BBDO.
Marci Shimoff: author, Happy for No Reason.
Sherry Turkle: Professor, MIT; author Alone Together.

Ownership & Investment

MeWe is the dba of Sgrouples, a private for-profit early-stage venture company based in Los Angeles, though with a Mountain View HQ and mailing address, 11-50 employees, with $10m in funding over five rounds, and a $20m valuation as of 2016.
Sgrouples, Inc., dba MeWe Trust & Safety - Legal Policy c/o Fenwick West 801 California Street Mountain View, CA 94041
Crunchbase Profile.
Founded: 2012 (source)
Secured $1.2M in seed funding in 2014.
2016 valuation: $20m (source]
Backers:

John Friedman, venture capitalist, founder & MD, Easton Capital, New York, NY.
Jack Canfield, author, Chicken Soup for the Soul.
Marci Schimoff, author, Love for No Reason, Chicken Soup for the Woman's Soul.
Tom Myers, investment advisor.
Mykola Latansky, personal improvement guru, Ukraine.
Dan Phillips, entrepreneur, co-founder, CloudHealth Technologies.
Jack Sweeney, CEO, SevOne, operating partner, Bain Capital Ventures. (WSJ Profile)
Rachel Roy, fashion designer.
Lynda Weinman, founder of Lynda.com.

Despite the business address, the company claims to be based in Los Angeles County, California and is described by the Los Angeles Business Journal as a Culver City, CA, company.

Business

MeWe Raises $3m in Funding FinSMEs (March 9, 2016).
Facebook Alternative MeWe Raises $5.2M Los Angeles Business Journal (July 7, 2018).

Policy

In an August 6, 2018 Twitter post, Weinstein promotes MeWe writing:

Do you have friends still on Facebook? Share this link with them about Facebook wanting their banking information - tell them to move to MeWe now! No Ads. No Spyware. No Political Agenda. No Bias Algorithms. No Shadow Banning. No Facial Recognition.

MeWe provide several policy-related links on the site:

Highlights of these follow.

Privacy

The privacy policy addresses:

Content Privacy Policy: You own your content.
Tracking Privacy Policy: We respect your privacy.
Message disappearance (self-expiring messages).
California Disclosures -- Do Not Track, 3rd-party cookies, and California Privacy Rights.
Your Identity: We protect it to the extent the law allows
Linking to Third-Party Sites: These are your decisions and responsibilities
Security: HTTPS and Encryption
Children's Privacy
Notifications
Privacy Policy Changes

Terms of Service

The ToS addresses:

Your acceptance
Allowable Content and Acceptable Use
Rights Reserved
Who Our Services are For
Privacy
User Content Ownership
Passwords
Misuse of Usernames, Page names, Group names
Fake Accounts (pseudonyms allowed, misleading is not)
More on Spam
Our Commitment to Data Security
MeWe Content Data
MeWe Log Data
Your Data Portability
Deleting Your Account -- Right to Erasure
MeWe Secret Chat
MeWe Invitations and "Add Automatically"
Additional Policies for Pages, Groups, and Events Notifications of Requests for Account Information
Guidelines for Law Enforcement Seeking Customer Data (Worldwide)
MeWe Rights
Indemnity
Ownership In and To the Site and Services
Other Provisions

Effective: November 6, 2018.

FAQ

The FAQ addresses:

What is MeWe (emphasises privacy)
The Politics of MeWe ("absolutely no political agenda")
How can MeWe be free and make money? (additional services/freemium)
Which devices is MeWe available on? (Android, iOS)
What content can I share on MeWe (photos, videos, documents, voice messages, privacy mail, chats, gifs, memes, doodles)
What are some unique features of MeWe?
Who can see the posts I share?
Can I delete my MeWe account and is it easy to do this?

Values

This emphasises that people are social cratures and private people by right. The service offers the power of self expression under an umbrella of safety. It notes that our innermost thoughts require privacy.
Under "We aspire...":

MeWe is here to empower and enrich your world. We challenge the status quo by making privacy, respect, and safety the foundations of an innovatively designed, easy-to-use social experience.

Totalling 182 words.

Privacy Bill of Rights

A ten-item statement of principles (possibly inspired by another document, it might appear):

You own your personal information & content. It is explicitly not ours.
You will never receive a targeted advertisement or 3rd party content based on what you do or say online. We think that's creepy.
You see every post in timeline order from your friends, family & groups. We do not manipulate, filter, or change the order of your content or what you see.
Permissions & privacy are your rights. You control them.
You control who can access your content.
You control what, if anything, others can see in member searches.
Your privacy means we do not share your personal information with anyone.
Your emojis are for you and your friends. We do not monitor or mine your data.
Your face is your business. We do not use facial recognition technology.
You have the right to delete your account and take your content with you at any time.

Press

There are a few mentions of MeWe in the press, some listed on the company's website, others via web search.

Self-reported articles

The following articles are linked directly from MeWe's Press page:

Best Entrepreneurial Companies in America (LeadPages)
2018 "One to Watch" Tech Trends Report (Helt.Digital)
SXSW Start-Up of the Year Finalist (LeadPages)
MeWe CEO Talks About Europe's Privacy Rules (PBS)
Inventor of the Web Tweets About MeWe (Twitter)
Should You Delete Your Facebook Account? (Mirror - UK)
Send Facebook & Twitter a message: Use MeWe Insteat (Appleworld)

The page also lists a "Privacy Revolution Required Reading" list of 20 articles all addressing Facebook privacy gaffes in the mainstream press (Wired, TechCrunch, Fortune, Gizmodo, The Guardian, etc.).
There are further self-reported mentions in several of the company's PR releases over the years.

Other mentions

A DuckDuckGo search produces several other press mentions, including:

Facebook Alternative MeWe Raises $5.2M, Los Angeles Business Journal (July 7, 2018) "The latest round, as well as MeWe’s total $10 million in fundraising, was predominantly backed by celebrity investors, such as author Marci Shimoff, Rachel Roy, and Lynda Weinman, founder of Lynda.com, which sold to Linkedin in 2015 for $1.5 billion. Jack Canfield, creator of the “Chicken Soup for the Soul” book series, also invested in MeWe."
Full Page "Dear Facebook" Letter In The New York Times from MeWe, the Competitor Mark Zuckerberg Refuses to Name Yahoo Finance/PR Newsire (May 28, 2018) "Facebook competitor MeWe, in its first-ever advertisement on any medium, took a full-page in the New York Times on Sunday, May 27th. MeWe's "Dear Facebook" letter is a direct response to Mark Zuckerberg's letter ad on March 25th, and a response to Zuckerberg's refusal to name a Facebook competitor in front of Congress."
Is building a Facebook alternative worth the effort? MeWe thinks so VentureBeat (July 5, 2018) "[T]here are still companies hoping to make their mark in the social networking realm with “Facebook alternatives.” One of those is MeWe, a “next-generation” social network that positions itself as the anti-Facebook: “Your private life is not for sale. No ads. No Spyware. No BS,” its website proclaims." Continues to mention "modest $5.2 million" funding round. Also a "sister product", MeWePRO, a Slack competitor.
5 easy and simple ways to protect your privacy online — how to prepare for the next big threat Medium/Mark Weinstein (November 16, 2016) "If there’s one thing everyone wants to protect it’s their privacy and information online."
Startup MeWe Launches Free, 'No Ads' Social Network eWeek (March 16, 2016) "MeWe, a new network engineered with its users' data privacy built in, is betting that a lot of people will say yes to both of those questions. The Mountain View, Calif.-based startup, whose parent company is Sgrouples.com, launched its freely available social network out of beta March 9 with more than 200,000 members already using it.... Sir Tim Berners-Lee, co-architect of the World Wide Web, found out about MeWe on his own and approached the company about getting involved."
Facebook Alternative MeWe closes $5.2M Series A Yahoo/PR Newswire (July 5, 2018). "The investment brings MeWe's total funding to $10 million, to support the engineering of MeWe and the enterprise version MeWePRO.... The company has relied on high net worth individuals for all of its funding including Lynda Weinman, founder of Lynda.com ...; Marci Shimoff, a #1 New York Times bestselling author ...; Rachel Roy...; and Jack Canfield."
Exactis Data Leak 2018: 340 Million Records Exposed InvestorPlace (June 29, 2018) "'Today's cookies can link your mobile phone to your laptop, to your home monitoring devices, and much, much more. Creepy? Scary? Orwellian? Yes, yes, yes,' Mark Weinstein, the privacy expert and founder of social media company MeWe, told MarketWatch. 'So imagine that Exactis, like Facebook, knows everything about you — really.'"
MeWe Raises $3M in Funding FinSMEs (March 9, 2016) "Sgrouples, Inc., the Mountain View, CA-based developer of MeWe, a social network with neither ads nor tracking, raised $3m in funding."
MeWe Raises $4.8 Million, Launches Next-Gen Social Network Cision/PRWeb (March 9, 2016) "The company also announced the completion of its $3 million Seed III round of funding at a $20 million valuation, bringing MeWe’s total funding to date to $4.8 million."
Sir Tim Berners-Lee’s app MeWe is used by neo-Nazis and perverts The Times of London (January 8, 2019) "The social network that Sir Tim Berners-Lee hoped would be free from abuse has been found to contain gun sales, drugs and antisemitism."

Technology

This section is a basic rundown of the user-visible site technology.

Mobile Web

The site is not natively accessible from a mobile Web browser as it is overlayed with a promotion for the mobile application instead. Selecting "Desktop View" in most mobile browsers should allow browser-based access.

Mobile App

There are both Android and iOS apps for MeWe. I've used neither of these, though the App store entries note:

MeWe Android 4.4 rating (13.1k ratings). Permissions: Contacts (read), Location (approximate/precise), SMS (receive), Phone (read status & identity), Photos/Media/Files (read, modify, & delete contents), Storage (read, modify, or delete), Camera (take pictures/videos), Microphone (record audio), Device ID & Call Info (read status & identity), and numerous elements under Other.
MeWe iOS 4.3 rating (18.1K ratings) In-app purchases (additional features).

Crunchbase cites 209,220 mobile downloads over the past 30 days (via Apptopia), an 80.78% monthly growth rate, from Google Play.

Desktop Web

Either selecting "View Desktop" or navigating with a Desktop browser to https://www.mewe.com your are presented with a registration screen, with the "About", "Privacy Bill of Rights", "MeWe Challenge", and a language selector across the top of the page. Information requested are first and last name, phone or email, and a password. Pseudonymous identities are permitted, though this isn't noted on the login screen. Returning members can use the "Member Log In" button.
The uMatrix Firefox extension reveals no third-party content: all page elements are served from mewe.com, img.mewe.com, cdn.mewe.com, or ws.mewe.com. (In subsequent browsing, you may find third-party plugins from, for example, YouTube, for videos, or Giphy, for animated GIFs.)
The web front-end is nginx. The site uses SSL v3, issued by DigiCert Inc. to Sgrouples, Inc.

Onboarding

The onboarding experience is stark. There is no default content presented. A set of unidentified icons spans the top of the screen, these turn out to be Home, Chats, Groups, Pages, and Events. New users have to, somehow, find groups or people to connect with, and there's little guidance as to how to do this.

Interface

Generally there is a three panel view, with left- and right-hand sidebars of largely navigational or status information, and a central panel with main content. There are also pop-up elements for chats, an omnipresent feature of the site.
Controls display labels on some devices and/or resolutions. Controls do not provide tooltips for navigational aid.

Features

Among the touted features of MeWe are:

My Cloud - Seamlessly organize all your content in My Cloud; it's your personal cloud. My Cloud offers an interactive dashboard for you to control everything you’ve posted or shared - making it simple to delete or reshare.
Unique profiles - Be yourself, free from any tracking and spying. Customize your profile for every group you create or join.
Voice integration (on any or all content) - Post pictures, videos, or documents and include a voice message. Respond to a shared post or just chat. MeWe’s voice integration works for you and your contacts throughout the entire platform.
Universal tagging - This is a new, convenient way to sort and organize all the content you receive and share, making it easy to find everything, anytime.
Enhanced permission control (patent issued) - Manage permissions on a granular level and decide exactly who sees what. You can also remove yourself from the search directory, make yourself invisible to other members online, and much more.
Much More – join MeWe today and take a look inside! MeWe is the next-gen social networking experience designed for you to have fun, stay in touch, collaborate, organize, and simplify.

Community

A key aspect of any social network is its community. Some of the available or ascertained information on this follows.

Size

Weinstein claims a "million+ following inside MeWe.com" on Twitter.
The largest visible groups appear to have a maximum of around 15,000 members , for "Awesome gifs". "Clean Comedy" rates 13,350, and the largest open political groups, 11,000+ members.
This compares to Google+ which has a staggering, though Android-registrations-inflated 3.3 billion profiles, and 7.9 million communities, though the largest of these come in at under 10 million members. It's likely that MeWe's membership is on the whole more more active than Google+'s, where generally-visible posting activity was limited to just over 9% of all profiles, and the active user base was well under 1% of the total nominal population.

Active Users

MeWe do not publish active users (e.g., MUA / monthly active users) statistics.

Groups

MeWe is principally a group-oriented discussion site -- interactions take place either between individuals or within group contexts. Virtually all discovery is group-oriented. The selection and dynamics of groups on the site will likely strongly affect user experience, so exploring the available groups and their characteristics is of interest.
"MeWe has over 60,000 open groups" according to its FAQ.
The Open groups -- visible to any registered MeWe user, though not to the general public Web -- are browsable, though sections and topics must be expanded to view the contents: an overview isn't immediately accessible. We provide a taste here.
A selection of ten featured topics spans the top of the browser. As I view these, they are:

MeWe Favorites
Music
Entertainment
Lifestyle
Travel
Health & Fitness
Foodies
Cars & Motorcycles
Technology
Fashion and Beauty

Specific groups may appear in multiple categories.
The top Groups within these topics have, variously, 15,482, 7,738, 15,482 (dupe), 7,745, 8,223, 8,220, 1,713, 9,527, 2,716, and 1,516 members. Listings scroll at length -- the Music topic has 234 Groups, ranging in size from 5 to 5,738 members, with a median of 59, mean of 311.4, and a 90%ile of 743.5.
Below this is a grid of topics, 122 in all, ranging from Activism to Wellness, and including among them. A selected sample of these topics, with top groups listed members in (parens), follows:

Activism: QAnon+++ (2,572), PATRIOT PREPPERS USA (2,430), Deplorables Republic (2,48), The War Drummer (1,898), Patriots for a United America. (1894), Anonymous (1,700).
Alternative Energy: Reiki, Crystals, and alternative healing (2,114), 💜Starseeds & Empaths💜 (345), Living in Colour (365).
Alternative Lifestyle: Natural Healing and Home Remedies (3,045), Backyard Farming of All Things (2,696), WeTheSheeple (2,251).
Alumni Connections: Google Plus Refugees (271), Google+ Refugees (186), Frog Pond (156), Carlsbad NM High School alumni (57).
Animals: I Love My Dog (4,421), Pussy Shots (4,619).
Astronomy: Spherical Earth Truth, Flat Earth is Wrong (278), Nibiru, Nemesis, Hercolobus, The Destroyer (187).
Biology: Trees (344), Field of Birds (104), Patriots of Australia (51).
Blogs: Women Bloggers (1,439), Urban & Wilderness Survival & Preparedness (1,367), Conservative Patriots & Oath keepers (742).
Books and Book Clubs: PNW Book Club (1609), Bookworms (1,464), Erotica and Erotic Romance Book Lovers (1,219).
Business: Small Business Connect (2,565), Deep Survival (1,183), Marketing and Social Media Tips (1,173).
Career Building: Marketing jobs and opportunities (698), Famous Quotes (184), Automotive Technicians (57).
Celebrities: Madonna Mania (116), Katy Perry (Hot!) (103), Trance Gemini of andromeda 2.0 (16).
Classrooms: Are YOU Awake too? (1331), CRT (Crystal Resonance Therapy) Student Support (28).
Clubs / Associations: RCBS Reloading Equipment (685), Boat Owners United (670), The Caliber Canteen (Reloading/ Firearms Buy/Sell) (505).
Co-workers: Money Making sites to SHARE (235), Cop and retired cop friends (85).
Coders: Hacker (978), Delphi Developers (269), Python (258).
Colleges and Universities: SEC Football (832), Christian Apologetics: Campus Apologetics Alliance (221).
Cooking: *recipies/homecooking* (2,618), Low & Slow BBQ (1,582), Mexican Foods and Recipes (1,503), Budget Meal Recipes (1,004).
Culture: Destroying the Illusion Fans (1147), my friends (551), Coffee Addicts (542).
Cyclists: Car Free Cities / Cycle communting (26).
DIY: Homesteading DIY (5843), Prepper Living (3110), Knucklehead Homesteading (2102), 1911 owners forum (1,474).
Dating: 🌸something Beautiful just for you too🌸 (237), Relationship Junction (171), LDS Dating (114).
Education: Q-Anon Patriots (1,616), InfoWars.com (1,217), Constitutional Liberty for All (907), Prepping, Homesteads skills and Community (887), Shamanic Community (756), Truther Talk (665).
Environmental: Geoengineering, Chemtrails, HAARP (455), ShareYourLove (253), The Seasons (193), Near Term Human Extinction Love (174).
Family: Raising Natural Kids (1,496), Dogs (1,075), VACCINE DANGERS (583).
Fraternities: Freemasonry (1072), Brotherhood of the Blade (313), Proud Boys Canada (74).
Friends: MEWE FRIENDS ( NO NUDES ) (2,416), FIREARMS UNLIMITED...MEWE Version (1,517).
Gamers: Tabletop RPG's and Boardgames (1,936), Dungeons & Dragons (1,499), OSR (1,485).
Green: Aquaponics and Self SustainingLlifestyle (655), ENVIRONMENT and CLIMATE (583), Chasing Butterflies - Vaccine Free (385).
Health & Fitness: NATURAL HEALING AND FOODS (8,221), Bodybuilding (5,321), Natural alternatives for Modern Health (4,680), Vaccine Free (3,285).
Heart of All Women: Christian Women Talk About ANYTHING (39).
History: 9/11, False Flags, & NWO Truth (1,872), The American Cowboy (1,065), "This Day in History" by Tara Ross (590).
Hobbies: CinDes Embroidery (1,974), Another Caliber to Conquer (1,800), Sonia Showalter Machine Embroidery Designs (1,696).
Home Improvement: Renovations With Grace❤️ Question & Answers (723), Home improvement DIY Group (79), Buildings churches castles etc (33).
Homeschooling: Christian Homeschool Parents (889), Open Path Homeschool: Secular, Buddhist, Pagan, UU (145), The Lords Prophets (33).
Hunting & Sportsman: GUN POST Group (Canada) (5,097), Guns, Ammo, and Supply's (5,023), OLD GUNS AND OLD FARTS (4,902).
Innovation: Bitcoin/Crypto/Blockchain (759), CRYPTO 24/7/365 (28), 2 Real News (372), Tisk 3D modelů - 3D print (26).
Jewelry: DFW Gold And Silver Coins And Currency (449), FIRE AGATE GEMSTONES (106).
LGBT: HOUSE OF KNIGHTS - ENTERTAINMENT & MAIN GROUP (680), HOUSE OF KNIGHTS - HISTORY (421), HOUSE OF KNIGHTS - CARTOON (409).
MEMES: MeMe Wars (3,758), MILITARY MEMES/FUNNY MILITARY MEMES (2,616), Shitposting Dumpster Fire (2,318).
MLM: Post your biz opp here. (855), Make Money Moms Work at Home (612), Work From Home Opportunities (428).
Medicine: Dinosaur Docs (120), MEDICAL MALPRACTICE (88), Zhong - Beroepsvereniging voor TCG (56).
Medicine & Herbs: Herbal Survivalist Spot (2,353), There's an Oil for That™ (1142), 🌴Weed News🌴 (880).
Meetups: light workers (1,203), MeWe Welcome (or "It's Not a Ghost Town") (729), The Banter Lounge (223).
Movies and Film: Digital Movies (4K, HD, iTunes, MA, UV) (2,519), Ultraviolet Digital UV & MA Codes (Buy/Sell/Trade) (2,073), Science Fiction (1,483).
Music: 60's 70's 80s Music (5,739), Musicians of MeWe! (5,194), Guitar Playing (3,921).
Neighborhoods: Texas Issues (317), Cascadia Circles (235), Houston tx (214).
Nerds: Cosplay (1,856), Classic Sci-fi Kingdom (1,292), Marvel (410).
News: Judge Jeanine Pirro has Fans (7,808), Qanon News (3,466), Unfiltered News (2,913).
Non-Profit: TRUMP IS MY PRESIDENT (190), Flat Earth Database - 地平論資料庫 (127), Florida Carry (99).
Organic: Gardening Guru's Unlimited (1,381), GMO FREE for me! (1,076), Americans For Cannabis (874).
Organizations: TRUMPANDPENC2016 (1,454), Low Country Survival Prepping & Camping (1,064), Wisconsin Firearms Trader (614).
Parenting: Vaccines Empower Warrior Voices (391), Moms talk (360), Peaceful Parenting (131).
Personal Improvement: For Introverts. (1,214), Anarchy, Philosophy, Psychology, and Spirituality (679), Positive Affirmations (447).
Philosophy: In5d Esoteric Metaphysical and Spiritual Database (1,764), Thought Bouncing (1,137), Obtectivists - Galts Gulch - Ayn Rand fans (561).
Poetry: Dead Poest (1,407), Palacio de Poetry (451), Poets Corner (412).
Politics: Donald J. Trump 2016 - Present (11,486), The Conservative's Hangout (8,345), Qanon Follow The White Rabbit (5,600), Drain The Swamp (4,978), Libertarians (4,528), United We Stand Trump2020 (4,216).
Pop Culture: The Loftus Party (116), The Walking Dead: The Stalking Dead (100), Tyler, Texas (71).
Privacy: Join the Open/Privacy Movement (3974), Kingsport tn gun trader (1,157), Safer Computing (555).
Psychology: Inspiring Spirituality༺❉༻ non-religious~ universal (1,486), sacred plants & psychedelix community (1,212), OUR.Psychology (701), Dream Interpretation (537).
Recreation: Everything Reloading (3,252), Redeye Reloading (1,980), Fishing (1,549).
Relationships: Complementarian Thought (50).
Religion / Spirituality: LoveHasWon (3,245), The Christian Underground (2,604), Pagan Friendly Folk (1,630).
Robots: Arduino Hexapods, Balancing Robots, and projects (137).
Romantic: Snapchat Add Party (2,681), Green Heart (1,270), ROMANCE COMMUNITY (205).
Science: Consciousness (1,327), Steven's Private Alien/UFO Group (668), BIGFOOT HAPPENINGS (538).
Self Help: * SURVIVE and THRIVE* (858), Preparedness and Off Grid Living (763), Free (631).
Self-Directed Learning: Exposing the Matrix of Lies (997), WAKE THE FUCK UP (474), Wake the Fuck Up. The Next Dimension (287). WTFU when SHTF (126).
Social Change: Armed with Truth and Knowledge (1,986), VEGANS UNITE (766), ACTIVISM universal headlines ~❉~ (729), Meet Earth's Cosmic Neighbors (MECN) (663).
Space: Space (579), ** THE AMAZING UNIVERSE and OUR WORLD** (546), WE ARE NOT ALONE... (488).
Sports: Australian IPSC Buy And Sell (591), Formula 1 (295), Border War Rifle Series, Iowa PRS Matches (280).
Sports Teams: Liverpool FC (228), GEORGIA BULLDOGS (129), The Black and Gold (89), Dallas Cowboys Fans (80).
Subculture: Neon Revolt (3,696), Redneck Funnies (2,042), Serial Killers And True Crime (724).
Surfers: NZBM BEACH VIBES (416).
Sustainability: Common Sense Home (1,746), The Survivalist (1,603), Barter For Prepping/Survivalism/Homesteading Goods (1,274).
Techies: MeWe Help And Support (948), Geek Time (220), GZOSP (124).
Technology: Apple Discussions (2,722), Linux and Open Source Users Group (3,423), Cutting Edge Military Technology (3,201).
Transportation: Truckers Life (431), Aviation (316), Duramax Diesel (312).
Travel: Travel Tips and Recs (8,234), Travel, Food & Wine, Cocktails + Craft Beer Lovers (6,071), Texas (2,694).
Trending News: **UNDER ATTACK & FIGHTING BACK!** (1,138), US News Page (691), THE AMERICAN PATRIOT (609).
Twitter: Twitter Hates Conservatives (198), Cstle Ricochet (35).
Videos: ♥ MY FAVORITE YOUTUBE VIDEOS ♥ (926), Video Meditations (196), The 80's Again - My Retro 80's Music And Video (180), Deep Space Seven (127), Naked Male Celebrities (74).
Wellness: Minds Awaking Consciousness Restored (1,855), Hemp Earth (1,164), Mind-Body-Spirit (993).

To be clear: whilst I've not included every topic, I've sampled a majority of them above, and listed not an arbitrary selection, but the top few Groups under each topic.

Google+ Groups

Google Plus expats (1,862)
Google+ Refugees (186)
G+ Refugees (101)
my Google+ expatriates

The Google Plus expats group seems the most active of these by far.

Political Groups

It's curious that MeWe make a specific point in their FAQ that:

At MeWe we have absolutely no political agenda and we have a very straightforward Terms of Service. MeWe is for all law-abiding people everywhere in the world, regardless of political, ethnic, religious, sexual, and other preferences.

There are 403 political groups on MeWe. I won't list them all here, but the first 100 or so give a pretty clear idea of flavour. Again, membership is in (parentheses). Note that half the total political Groups memberships are in the first 21 groups listed here, the first 6 are 25% of the total.

Donald J. Trump 2016 - Present (11486)
The Conservative's Hangout (8345)
Qanon Follow The White Rabbit (5600)
Drain The Swamp (4978)
Libertarians (4528)
United We Stand Trump2020 (4216)
The Right To Self Defense (3757)
Alternative Media (3711)
Hardcore Conservative Patriots for Trump (3192)
Bastket Of Deplorables4Trump! (3032)
Return of the Republic (2509)
Infowars Chat Room Unofficial (2159)
Donald Trump Our President 2017-2025 (2033)
Berners for Progress (1963)
Sean Hannity Fans (1901)
The American Conservative (1839)
I Am The NRA (1704)
Tucker Carlson Fox News (1645)
We Love Donald Trump (1611)
MAGA - Make America Great Again (1512)
Q (1396)
ClashDaily.com (1384)
news from the front (1337)
Basket of Deplorables (1317)
Payton's Park Bench (1283)
Convention of States (1282)
Britons For Brexit (1186)
MoJo 5.0 Radio (1180)
MeWe Free Press (1119)
The Constitutionally Elite (1110)
Libertarian (1097)
WOMEN FOR PRESIDENT TRUMP (1032)
AMERICANS AGAINST ISIS and OTHER ENEMIES (943)
#WalkAway Campaign (894)
ALEX JONES (877)
The Lion Is Awake ! (854)
We Support Donald Trump! (810)
The Stratosphere Lounge (789)
TRUMP-USA-HANDS OFF OUR PRESIDENT (767)
Official Tea Party USA (749)
Mojo50 Jackholes (739)
Yes Scotland (697)
"WE THE DEPLORABLE" - MOVE ON SNOWFLAKE! (688)
Judge Jeanine Pirro Fans (671)
Anarcho-Capitalism (658)
Ted Cruz for President (650)
No Lapdog Media (647)
Q Chatter (647)
Daily Brexit (636)
Tucker Carlson Fox News (601)
The Trumps Storm Group (600)
QAnon-Patriots WWG1WGA (598)
100% American (569)
Ladies For Donald Trump (566)
Deep State (560)
In the Name of Liberty (557)
Material Planet (555)
WikiUnderground (555)
Trump NRA Free Speech Patriots on MeWe Gab.ai etc (546)
Magna Carta Group (520)
Constitutional Conservatives (506)
Question Everything (503)
Conspiracy Research (500)
Bill O'Reilly Fans (481)
Conservative Misfit's (479)
Canadian politics (478)
Anarchism (464)
HARDCORE DEPLORABLES (454)
Deplorable (450)
Tampa Bay Trump Club (445)
UK Politics (430)
Bongino Fan Page (429)
Radical Conservatives (429)
RESIST THE RESISTANCE (419)
The Deplorables (409)
America's Freedom Fighters (401)
Politically Incorrect & Proud (399)
CONSERVATIVES FOR AMERICA ! (385)
Political satire (383)
RISE OF THE RIGHT (371)
UK Sovereignty,Independence,Democracy -Everlasting (366)
The Patriots Voting Coalition (359)
End The Insanity (349)
Coming American Civil War! (345)
Constitutional Conservatives (343)
United Nations Watch (342)
A Revival Of The Critical Thinking Union (337)
The New Libertarian (335)
Libertarian Party (official ) (333)
DDS United (Duterte Die-hard Supporters) (332)
American Conservative Veterans (331)
Anarchism/Agorism/Voluntaryism (328)
America Needs Donald Trump (326)
The UKIP Debating Society (321)
Coalition For Trump (310)
Egalitarianism (306)
FRIENDS THAT LIKE JILL STEIN AND THE GREEN PARTY (292)
2nd Amendment (287)
Never Forget #SethRich (286)
Green Party Supporters 2020 (283)

It seems there is relatively little representation from the left wing, or even the centre, of the political spectrum. A case-insensitive match for "liberal" turns up:

104: Conservatives Against Liberal Beliefs C.A.L.I.B (273)
184: Progressive and Liberal Politics (119)
301: Liberalism is a Mental Disorder (33)
302: Resistance Against Liberal Socialism (33)
358: NOT For Liberals (17)
367: Drinking Liberally Houston (14)
400: Stephanie Miller's Sexy Liberal Army (6)

Mainstream political parties are little represented, though again, the balance seems skewed searching on "(democrat|republic|gop)":

11: Return of the Republic (2509)
161: Death to the Democrat Party! (138)
188: Republican Liberty Caucus (113)
306: Twin Cities South Metro Republicans (32)
316: Non-Conspiracy, Non-Republican Libertarians (30)
323: Democrats and Veterans Party (28)
364: GOP Fireworks (15)
391: Saving The Republic: Video News & Opinion (8)

The terms "left" and "right" provide a few matches, not all strictly political-axis aligned:

7: The Right To Self Defense (3757)
80: RISE OF THE RIGHT (371)
150: POLITICS ON THE LEFT (156)
157: 1st Amendment Rights Protected By The 2nd Amendmen (141)
209: On The Left With Jeremy Corbyn (84)
262: Eyes-Left Labour & PP - Social Media (49)
300: Gather Left (33)
385: Defend Washington State Gun Rights (9)
390: Left Coast Conservatives (8)

Socialism and Communism also warrant a few mentions:

121: Revolutionary Socialists United (204)
216: Socialist Thought (79)
220: Stories Of Communism (76)
262: Eyes-Left Labour & PP - Social Media (49)
288: Snuggly Wuggly Socialists (38)
302: Resistance Against Liberal Socialism (33)

And there are some references to green, laboulabor parties:

97: FRIENDS THAT LIKE JILL STEIN AND THE GREEN PARTY (292)
100: Green Party Supporters 2020 (283)
262: Eyes-Left Labour & PP - Social Media (49)
320: Green Party of Ohio Issues & Discussion Group (29)

Conclusion

Whilst there may not be a political agenda, there does appear to be at least a slight political bias to the site. And a distinctive skew on many other topical subjects.
Those seeking new homes online may wish to take this into account.

Updates

Various typos and tagging corrections. 2018-11-29 - 30
Added G+MM references count for MeWe to lede paragraph. 2018-12-2
Wolfe status, Times of London story, typos.

Report I by Stablecoin Research Institute - The Difficulties and Future of Stablecoin

https://preview.redd.it/pnnmh4gt6ng21.jpg?width=1080&format=pjpg&auto=webp&s=3a94528a71b7c6e2db9ea746116afeec8d7b1c51

Bitcoin was originally conceived to be outside the fiat money system as an electronic cash system for a new world. However, at present, the currency standard is still the fiat money standard. The envisaged bitcoin-based settlement system still has no foundation or a wide consensus on the value of the currency standard.
As a compromise, many stablecoins provide a temporary solution for the ecology through a 1:1 anchorage of U.S. dollar, with third-party bank custody becoming mainstream. The rapid growth of Tether and the loss of market share in the face of competition have added more uncertainty to the current market. The decentralization scheme provided by MakerDAO was slightly weak in the initial competition but the reputation gradually accumulated. As the market deepens, cryptocurrencies based on more regional legal currencies are gradually coming online, and people are beginning to try different chain payment attempts.
This article refers to the article Stable Digital Currency Manual by co-founder of Zhibao Mikko, trying to explore the difficulties and future of stablecoin from a currency perspective.

The Difficulties of Bitcoin Settlement System
When it comes to stablecoins, the original idea of Bitcoin has to be mentioned ---- a peer-to-peer electronic cash system. Over the past decade, a series of expansions have been made in the blockchain technology and Bitcoin. In people's minds, Bitcoin will be a new generation of the world's monetary system, independent of the fiat money (US dollar) system, to de-intermediate transaction transfers and asset storage, to eliminate asset losses caused by the bank's centralized risk, and put an end to the harvest of wealth brought about by hyperinflation.
In reality, Bitcoin does have somehow established its own trading system - such as black market transactions in the dark network. Dark network commodity trading uses Bitcoin as a medium, and buyers and sellers are also happy to configure a portion of Bitcoin as a value reserve. On the other hand, Bitcoin is the most common trading medium among cryptocurrency exchanges for a long time before the popularity of USDT. Some people said, “Bitcoin is the real stablecoin.” In addition to observing the fluctuations in the value of the fiat money, the traders of various cryptocurrencies will also pay attention to the relationship between cryptocurrency and the bitcoin trading pair. But in this case, this so-called bitcoin-based trading system still has several problems.

https://preview.redd.it/679bncm37ng21.jpg?width=788&format=pjpg&auto=webp&s=dbbb630b286a87eb3b1a38ac48cabac4b653bf83

The first is the currency standard: even if some people regard Bitcoin as a gift, they have long believed that Bitcoin will eventually level the volatility and increase the index, but even the so-called beliefs are usually denominated in fiat money (US dollar, Euro, RMB). That is to say, the first problem with Bitcoin is that there is no pricing power. In other words, Bitcoin cannot perform the settlement function extensively in the holder's daily life. The daily benchmarking consensus based on Bitcoin in a wide range is that it doesn't exist at all.
In China, a Coke is 3 RMB, and in the US it is 1 US dollar. The two are under their respective independent settlement systems. If the person in one of the systems happens to come to another system, such as a Chinese who first bought a Coke in the United States, the first reaction is likely to be a cup of 6.71 yuan. Bitcoin or any other cryptocurrency does not have a similar settlement system under the independent monetary framework.
In the case that it is not possible to participate extensively in daily pricing, the currency standard is the fiat money standard. For members of the cryptocurrency community, the actual fiat money-based thinking does not directly affect the willingness of buyers and sellers to use Bitcoin or other cryptocurrencies for physical purchases, but when Bitcoin’s price against fiat money falls into huge downward fluctuations, it rejects the situation of receiving cryptocurrencies is inevitable.
So the second question directly promotes the strong demand for stablecoins: currency price fluctuations. On the other hand, it should be realized that Bitcoin does not have a complete settlement system and a broad and stable price consensus based on the system; on the other hand, since the initial definition of Bitcoin was an innovation independent of the traditional financial system, even if it is far from the original concept, the community consensus based on the decentralization and token incentives is different from the traditional financial system.
So for a long time, the market could not price bitcoin with the traditional asset framework. The triumph of 2017 has made the society more aware and acknowledged about Bitcoin and other cryptocurrency systems. The Chicago Mercantile Exchange CME has put on bitcoin futures at the end of the year. At the same time as government regulation gradually intervenes, the OTC exchange network outside the market is also getting better and better, and the pricing of bitcoin is starting to break away from fanaticism. At the end of 2017, the isolationism of various countries has become stronger, the pace of interest rate hikes of the FED has sped up, and global asset preferences have also undergone subtle changes towards safe-haven assets. China’s domestic capital has advocated “cash is the king” and Bitcoin has entered a down cycle.
As noted above, upside volatility can also encourage traditional merchants to participate in speculation, but downside volatility has caused most merchants to lose their willingness to treat Bitcoin as a currency. In 2018, with the increasingly strong bear market in the cryptocurrency world, the demand for safe-haven and stable-price trading media in the encryption community has skyrocketed, and countless stablecoin projects have been launched. At the same time, Tether, which occupied the absolute market share of stablecoins in 2017, continued to expand against the trend of black box operations.

Third Party Intermediary - Compromise of Fiat Money Stablecoins
The hot currency-backed stablecoin is undoubtedly a compromise of the cryptocurrency market against traditional currencies.
As Nakamoto said in the Bitcoin White Paper, “trade on the Internet almost requires financial institutions to act as trusted third parties to process electronic payment information. Although such systems work well in most cases, such systems are still endogenously constrained by the weakness of the 'trust based model'... We really need an electronic payment system that is based on cryptography rather than credit, making any parties that have reached an agreement can make payments directly, eliminating the need for third-party intermediaries."
Although the article refers to the payment process in the transaction, it is the same in terms of collateral custody. The trust of third-party financial institutions in this mode is inevitable. Trust means that when the custodian bank secretly misappropriates collateral or bankrupts for any reason, the user's assets will be difficult to guarantee, abbreviated as SPOF single point of failure.
But the good news is that when the market competition is fully carried out, the user as a whole is divided into several different groups, and different fiat money stablecoin products with different audit processes under different banks are used. A single point of failure of an individual project does not affect the continued operation of other stablecoin products; and the community response to a single company's evil or potential evil is greatly magnified as the number of competing products increases.
Taking Tether as an example, the giants who once occupied more than 95% of the market share of the stablecoin market finally ignited the trust crisis in the long-term refusal of transparent auditing, and the market share plummeted. In the foreseeable future, Tether will gradually liberalize its transparency and optimize its relationship with users to maintain its current market share. The stablecoin competing products that continue to enter the market will form a continuous multi-disciplinary force on existing projects in the market to promote market improvement and relief centralized risk.

The Rise and Blockage of Tether
The real rise of stablecoin is actually symbolized by Tether's exponential growth in 2017. From the eve of the dawn of 2017 to the day after 20 months, Tether's market value has skyrocketed from less than $7 million to more than $2.8 billion, a 400-fold increase.

USDT Year Chart (green - currency price; blue - market value)

In 2018, the hot stablecoin market, USDT's exclusive access to the stablecoin, and stablecoin’s widespread dissatisfaction with the rejection of third-party audits attracted many competitors. In March, True USD (TUSD) was transparently managed. The name entered the competition. Around October, stablecoins such as USDCoin (USDC), Gemini Dollar (GUSD) and Paxos Standard (PAX), which had strong background, compliance audit and good asset transparency, went online. At about the same time, perhaps the pressure from friends and merchants has soared. It is a coincidence that Tether has successively experienced a series of scandals and then the price collapsed in mid-October, and evaporated 40% of the market value in the following month. After a series of cycles, the situation gradually eased.
The four consecutive stablecoins mentioned above seized the market share and expanded rapidly in the next few months. In the month before the deadline, Tether's stablecoin market share was stable at around 70%, and the remaining market share was occupied by the top four newcomers. In the process of grabbing the market, there were fluctuations, including the only US compliance encryption. The progress of the USDC issued by the currency exchange COINBASE is the most eye-catching, and its market value accounts for about 10% of the overall stablecoin market at the time of writing.

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A simple conclusion is that Tether can still be stable even after the crisis, thanks to Tether's first-mover advantage in its existing position on global exchanges and the high liquidity it represents. The three basic functions of money are pricing units, value storage, and trading media, while liquidity is their common subtext.
The unit price provided by a currency lacking liquidity cannot obtain broad consensus of money users. The lack of consensus leads to price disorder, and the currency thus loses the valuation value. As a value storage and trading medium, it will miss trading object and depth due to low liquidity and cannot complete the basic function as a currency. Although the new four-dollar collateral stabilized currency occupies its place in the start of the competition with Tether, Tether sits on a whole bull market with a trading history that has a relatively complete trading pair coverage in the world's major exchanges; In addition to the full coverage of the exchange, USDT also has a sound OTC network construction, providing the most direct portal for stocks and potential incremental users. Under the superposition, Tether's endogenous and exogenous liquidity advantages are particularly evident, and even in the case of black box scandals, it can still occupy a fairly strong market share. But with the gradual gradual competition, peer supervision and the gradual enrichment of user-selectable products, Tether's fault-tolerant space for future strategies is not as optimistic as imagined.

HUSD - Self-contained Stablecoins
In response to the October crisis in Tether, the Fire Currency Exchange launched a HUSD Stabilization Coin program.
In this scheme, the Firecoin users will automatically convert to HUSD when they recharge the PAX, TUSD, USDC, and GUSD. HUSD has no actual issuance process, but simply a unit of pricing corresponding to four types of stablecoin recharge. After the user converts one of the stablecoins into HUSD, he or she can freely choose any one to redeem.
The program not only helps users to spread the centralization risk of a single fiat money stablecoin, but also helps the four stable coins to complete the group on the fire currency exchange to cope with the existing liquidity competitive advantage of the USDT. But on the other hand, the user's use of HUSD is based on trust in the fire currency exchange, in other words another single point of failure risk. Therefore, in order to dilute the risk of centralization, it is still necessary to transparently deal with the specific schemes of the fire currency exchange, and the supervision of the fire coins by the community, especially other exchanges.

Decentralization Breakout of Stablecoin
At present, a number of currency-backed stablecoins, led by USDT, cover almost all of the market capitalization and liquidity of the stablecoin market.
In this case, MakerDAO's DAI is extraordinarily precious. The DAI Stabilized Currency System generates a stablecoin DAI through over-collateralization of cryptocurrency. Most of the functions within the system are implemented or planned through the deployment of smart contracts, such as chain generation and redemption of stable coins, management of collateral, and so on. In addition to the DAI as a stablecoin, as a dual currency system, there is another governance currency called MKR in MakerDAO. Governance currency holders support the system's decentralized governance functions while enjoying the overall benefits of the system, and provide additional funding buffers for the system in events such as abnormal currency fluctuations.
In MakerDAO's overall vision, the system first endorses the credit of the stablecoin through the chain of excess collateral, while the interest generated by the credit function (the essence of DAI generated by the mortgage cryptocurrency is a lending process), the collateral under abnormal fluctuations The profit from the flat penalty triggered by Ping and the more financial derivative function to support the system's self-operation.
One of the biggest conflicts between the community and the cryptocurrency collateral currency is the risk exposure of the collateral in the warehouse when the cryptocurrency generates a stablecoin. Although in theory the users of the stablecoin can be separated from the mortgagor, the mortgagor can be a more risk-tolerant group, such as an eager borrower, a professional user of financial instruments, etc., but since the stablecoin is issued The identity of the person itself is subject to a natural limitation based on the degree of risk aversion, and its supply has an additional limit.
On the other hand, there is a limited source of information about Ethereum as a single collateral: the mortgagor is limited to holders of Ethereum. In MakerDAO's plan, the multi-collateral version of the system will gradually improve with iteration, and the achievement of this program will effectively reduce the risk of the MakerDAO collateral asset portfolio and increase the potential DAI generation limit. Ample supply and liquidity of the DAI will help activate the system in more possibilities on the market.

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Compared to the competition between the four newcomers and the USDT, the position of MakerDAO is quite different. If the user's choice between the four newcomers and the USDT is a trade-off between liquidity (product usability) and security, then between USDT and DAI is liquidity (product usability) and decentralized belief. The trade-off. As far as the market is concerned, MakerDAO's dual currency system seems to explain better how the project side can continue the project through the circulation of profits. Many of the fiat money-backed stablecoin projects have always wondered whether they will realize their own coinage rights in the future and thus harm the user's property rights.
As a successful decentralized stablecoin project, MakerDAO is one of the most successful projects on Ethereum. This is both a tribute to the MakerDAO development path: the development of other projects (dApp) on the Ethereum and the overall robustness of the ecology. As the second generation of the public chain, Ethereum pioneered the concept of smart contract, which is a milestone in the development of application on the chain. However, in the course of many years of development, the performance of the main network and the fragmentation technology have been delayed. So although MakerDAO claims that DAI will have many chain advantages as ERC20 tokens, it seems that the eApp side of Ethereum has not seen a good development momentum.
It is worth mentioning that in the performance of the public chain and dApp development, the EOS public chain has developed rapidly since the launch of the main network in 2018. If EOS has a stablecoin project like MakerDAO, and can properly handle potential security issues in the operation process (such as the potential risks caused by the scalability of the contract, etc.), there is much to be done. After all, in addition to seeking cooperation under the chain, the pricing system of cryptocurrency is more important to find and create niches that belong only to the world of cryptocurrency. A robust dApp ecology with a constant need for stable coins or the only possible form of this niche.

Choice Outside the U.S. Dollar
The few stablecoins currently circulating the most are anchoring the US dollar. There is no doubt that the status of the dollar in the current world currency system is irreplaceable. The bitcoin and other cryptocurrencies described in the beginning of the article lack the independent settlement system, and the US dollar is the extreme of the other end – the currency with the most complete settlement framework in the world.
From the gold standard to the Bretton Woods system, to the current global commodity and foreign exchange trading system centered on the US dollar-oil trading system, the three functions of currency pricing, storage and circulation are reflected in the US dollar. As the currency with the most universal purchasing power and deep trading depth, the US dollar has naturally become the primary anchor for many stablecoins that pursue international influence. The dependence of the stablecoin on the US dollar is a last resort. While stabilizing the dollar, the stablecoin not only enjoys the liquidity advantage brought by the dollar, but also inherits the volatility risk of the dollar itself. Although the US dollar is still the most trustworthy currency on a macro level, if A's main payment scenario is in Country A, and Country A's currency has a large appreciation of the US dollar due to market factors, then the asset holding the anchored US dollar. Bringing a higher base point risk to A.
Among the many non-US dollar currencies, the yen is one of the most distinctive currencies. The Japanese government has a positive attitude towards blockchain technology. In April 2017, it recognized the legal payment status of Bitcoin and formulated a series of laws and regulations for the exchange. At the same time, Japan is also one of the most active participants in the cryptocurrency market. At the end of 2018, Japanese IT giant GMO Internet announced that it plans to introduce a yen-linked cryptocurrency in 2019 to prepare for the next phase of cross-border settlement. The emergence of a liquid currency-stable yen stablecoin will not only help Japanese crypto community members to better participate in daily market behavior, but also help cross-border currency settlement. In addition, due to Japan’s domestic economic structure, monetary policy has maintained ultra-low interest rates for a long time. Under this premise, investors are more willing to invest in sovereign countries with higher interest rates, especially the United States. When the United States is in turmoil, funds are largely returned to the yen, which has a very low risk attribute, which raises the yen and lowers the dollar. Therefore, the emergence of the yen stablecoin can also provide a better safe haven for holders of USD stabilized coins such as USDT in the potential dollar crisis.
In addition to the yen, the private sector or the government of Australia, the euro zone and other countries are also involved in the development and deployment of their domestic currency stablecoin. While the vast majority will still be a similarly centralized bank hosting model, it should still be seen as an improvement and rationally expecting a more equitable and efficient system.

The Future Direction of the Stablecoin
As mentioned at the beginning of the article, the original idea of the cryptocurrency community for Bitcoin was to create a decentralized financial system that would be independent of the traditional monetary system. However, due to the lack of an independent and complete settlement system, or the lack of a broad currency-based pricing consensus, the cryptocurrency world cannot be formed into a real monetary system, and it has to rely on the attachment to the US dollar or other currencies to achieve long-term scenarios. Valuation of prices in cryptocurrencies, etc. Although Bitcoin itself has the believer of the currency standard, the foundation of the belief is mostly based on the re-exponential rise of the price of the bitcoin, which is still the thinking of fiat money.
Given that there is a consensus that goods can only be denominated in currency A in the payment and settlement system of country A, if the cryptocurrency world wants to form an independent payment settlement system, the best pricing unit for the purchase should be cryptocurrency. The anchoring of the U.S. dollar and other fiat money is just to use the currency attribute (otherwise the currency credit cannot be established), and will destruct the consensus to regard cryptocurrency as the best pricing unit and establish an independent monetary system (the cost of convenience). The power of habit is hard to overcome, and the habit of paying the currency of a chain certainly needs to be achieved by the widespread purchase of assets on the chain. This process requires gradual improvement of the payment scenario between stablecoin systems and dApps.
The cryptocurrency eco-walls we mentioned above are based on the hope of this exclusive chain-based settlement system. The simple dApp on the chain is obviously not enough. We also have two topics to be studied in the chain payment scenario and asset chaining. Users must complete the process from chain to chain and back to chain to integrate cryptocurrency pricing into everyday habitual thinking.
Then, the stablecoin will gradually deepen into people's daily life after several decades, while the banknotes gradually withdraw from the trading scene, and the sub-generation gradually accepts the new cryptocurrency value settlement system.

Reference:
Stable Digital Currency Manual (http://wisburg.com/2018/07/03/稳定数字货币手册/)

Cryptocurrency Weekly Recap

CheapAir.com appears to have chosen self-hosted payment processor BTCPay for its Bitcoin payments, removing BitPay. The firm stats that
Coinbase is sun-setting their merchant platform next week which has led to a need for an alternative processor. Coinbase mentioned that it would be retiring its merchant processing function in April which the cryptocurrency industry condemned.
Caspian Partners, a cryptocurrency portfolio and risk management platform announced a partnership with Bitmex. Caspian customers will now have a unified trading module with more liquidity. The firm provides order and execution management system (OEMS), risk management system (RMS), and a portfolio management system (PMS).
US transportation company Norfolk Southern Corp (NSC) revealed it is joining the Blockchain in Transport Alliance (BITA) in a company announcement yesterday. The BITA association formed in 2017 and aims to develop blockchain applications to the transport and logistics industries. BITA also includes organizations like FedEx (FDX), Uber, UPS (UPS) and GE Transportation.
Thailand’s largest bank has joined a trade finance program utilizing R3’s Corda distributed ledger technology (DLT). R3 is a consortium of over 200 companies that uses technology on blockchain to allow businesses to develop applications on top of its Corda platform.
The Bank of China will use blockchain technology to alleviate poverty in the Tibet Autonomous Region, a province with a poverty rate of 12.4%. The Bank of China has developed a cloud-based system to manage a local poverty reduction fund in the past. The bank has decided to upgrade the existing system with blockchain technology and set up a multi-node blockchain network to connect with their partners like the Agricultural Bank of China
A Czech Republic utility company will begin accepting payments in cryptocurrencies. Pražská Plynárenská is one of the major suppliers of natural gas in the Czech Republic. In June it will establish a payment payment gateway which will transfer bitcoin payments into fiat currency.
A recent study by the Warwick Business School claims that investor sentiment is driving cryptocurrency prices. The study analyzed the top 14 cryptocurrencies based on market capitalization. The primary conclusion was that hype and emotions played the most significant role in determining whether the price of a cryptocurrency rises or falls.
Bitcoin Gold (BTG) has suffered from a 51% attack resulting in a loss USD$17.5mm. The 51% attack permitted double spending to occur. According to the Bitcoin Gold (BTG) team, exchanges have been targeted rather than individual users.
South Africa’s Reserve Bank has chose to call cryptocurrencies “cyber-tokens” because they don’t meet the requirements of money.
In Colombia, two Bitcoin Cash (BCH) proponents have developed a payment processor called Bitek.co. The company offers merchants processing with payable invoices and accounting services as the Bitek platform provides merchants with the ability to accept BCH and covert all or a percentage of the funds into Colombian pesos.
Employees in Ukraine were recently caught using the police department’s resources for four months to mine Bitcoin. In April, mining equipment was found in the office of the Communications Deparment which include eight graphics cards, six power units, two hard drives, a motherboard and a complete system.
VeChain (VEN), a Shanghai-based blockchain startup is testing a blockchain application which verifies a wine supply chain and fights counterfeits. The Chinese wine industry is worth USD$2.8bn and reportedly the Chinese consume wine that is not authentic which as weakened public trust in the quality of the product.
Ireland has clarified taxation on the cryptocurrency space. In terms of direct taxes: corporation tax, income tax and capital gains tax are all applicable, but each case should be reviewed separately.
Barcelona will create a blockchain center in the city’s tech hub. The location will be next to Barcelona Tech City which opened in the Summer of 2016 and will most likely be occupied by Spanish blockchain network Alastria.
Bitfury-backed Hut 8 Mining Group mined more than 800 bitcoins in the first quarter of 2018. The company raised CAD$70mm to continue investing in hardware and generated nearly CAD$11mm in revenue.
Commerzbank and multinational conglomerate Thyssenkrupp have successfully conducted an FX transaction on a blockchain platform. Thyssenkrupp transferred 500,000 euros in an exchange rate between the euro and the Polish zloty at some point in future.
Surkus has raised USD$10mm in Series B funding led by EOS global, a USD$200mm venture fund formed earlier this year. The venture fund is making its first investment and it aims to leverage the EOSIO blockchain to catalyze the transformation of the digital assets space.
CoTrader is introducing a decentralized fund management platform that includes cryptocurrency. CoTrader is a blockchain trading platform and it plans to disrupt investment funds to become the world’s largest outlet for all assets.
The Deutsche Boerse, owner of the Frankfurt Stock Exchange is considering offering cryptocurrency products according to a report. A move into the crypto space may not be immediate as Jeffrey Tessler, the firm’s head of clients, said the firm must “make sure we understand the underlying transaction which isn’t the easiest thing to do”.
Two Russian financial institutions are set to test a regulatory platform that aims to make domestic initial coin offerings (ICOs) more transparent and secure for traditional investors. The Russian National Settlement Depository (NSD) announced on Thursday that it is working with Sberbank CIB, to test an ICO issuance platform launched by the Bank of Russia.
The US Department of Justice has reportedly launched a criminal investigation into cryptocurrency traders who may have manipulated the market with old-school illicit tactics, such as spoofing. The investigation is also being conducted with the Commodity and Futures Trading Commission (CFTC).
American Express is exploring using blockchain technology to increase security for both users and merchants. The firm is exploring an identity wallet and whether blockchain can be used.
Russian State Duma has approved its first reading of a legislation package that regulates crypto-related matters and activities. The legal texts will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions.
Revolut, a British based company that created the first app to allow customers to invest in Bitcoin, has announced it will be adding Ripple (XRP) and Bitcoin Cash (BCH) to its platform. Revolut began as an app allowing users to transfer fiat currencies, but now has four cryptocurrencies on its platform.
Banks are losing international payments business. Banks have lost 40% of market share for consumer-to-consumer (C2C) cross border payments to non-banks over the last year. Banks have also lost 30% of the consumer-to-business (C2B) and 5% of the business-to-business (B2B) payments market over the last year.
Japanese IT giant, GMO Internet is set to roll out the world’s first bitcoin mining device based on 7nm chips within the year. The firm is launching a new B2 miner on June 6 with mass production to follow and shipment starting by the end of October.
Coinbase has acquired a service called Paradex, a cryptocurrency trading service that lets users trade many digital tokens on a decentralized exchange. The exchange relies on smart contracts to allow users to trade tokens without a centralized authority to record the transactions on a blockchain.
Money Forward, Japan’s most popular personal budgeting app, is launching a crypto asset exchange this year. The firm plans to launch a crypto media platform by Summer followed by an exchange and the construction of a digital asset remittance and settlement system.
The Marshal Islands have replaced the USD$ with its own cryptocurrency. The bill was signed March first but the news is catching attention this week. US Dollars will still be accepted, yet the nation’s cryptocurrency, the “sovereign” will need to be integrated into the country’s financial system. An initial coin offering will take place and the supply will be capped at 24mm tokens
Bank of America has been awarded a patent to let users access a certain blockchain network known as a distributed validating network. Certain users will be granted permission and data will be stored in blocks in which a system can automate this process.
Singaporean-based virtual social trading platform, TrakInvest is looking to become one of the first Asian-based projects to use Hedera Hashgraph’s distributed ledger technology.
Norway’s central bank is preparing for a future in which it might issue a digital currency due to a drop in usage of cash in the country. The Norges Bank released a report titled “Central Bank Digital Currencies” which highlighted that the bank must consider several new attributes that are important for ensuring an efficient robust payment system
Overstock.com’s Tzero is planning to launch a regulated exchange for security tokens in collaboration with Box Digital Markets. The companies will seek approval from the SEC.
A Spanish Central Bank Governor believes that cryptocurrencies will bring more risk than benefits. Luis Maria Linde said that blockchain offers interesting possibilities but that is not quite mature.
Rural banks in the Philippines are looking to adopt blockchain technology in a bid to improve inclusion for residents. The initiative is led by the Union bank of the Philippines, one of the country’s largest banking institutions.
India is considering taxing cryptocurrency at 18% as ‘intangible property’ according to a report issued today. The report detailed that purchases or sales of cryptocurrencies are considered supply of goods and those facilitating transactions should be treated as services.
Every Capital is launching Australia’s first retail crypto hedge fund with the goal of making crypto assets accessible to every Australian investor. Investors will be able to sign up in a fund that covers a range of cryptocurrencies and initial coin offerings (ICOs).
The Pentagon and Defense department are weighing on whether owning cryptocurrency is problematic for those who already have security clearances and for those individuals requesting government security clearances.
Steemit, the platform of cryptocurrency of Steem (STEEM) has announced they have over 1,000,000 users. The blockchain processes over one million transactions daily. The Steemit.com website receives over 250,000 unique visitors every day
CheapAir.com adds Litecoin (LTC) Dash (DASH) and Bitcoin Cash (BCH) to its payment options for travelers. The firm first begin accepting cryptocurrency by agreeing to receive payments in Bitcoin (BTC) back in 2013.
The Monetary Authority of Singapore (MAS), is proposing changes to existing regulations that would ease market entry for blockchain-based and decentralized exchanges. According to a paper published yesterday, the MAS states that the single tier “recognized market operators” regulatory framework cannot meet the demand for new business models based on such emerging technologies.
Chilean President, Mario Marcel has recently made comments in favor of developing a regulatory apparatus for virtual currencies. This openness contrasts the country’s recent banking embargo targeting cryptocurrencies in Chile.
MIT is demoing a use case for bitcoin’s lightning network – how the cryptocurrency can be combined with smart contracts to not only handle millions of transactions, but also with more complexity. Verge (XVG) has experienced its second hack in less than two months.
Executives are citing a DDoS attack which is giving its blockchain a serious delay. The attack has lasted more than a few hours and has resulted in over 35mm XVG tokens being stolen. CoinGate, a payment gateway for cryptocurrencies, is planning to launch
Bitcoin Lightning Network payments on its platform. The company serves over 4,000 merchants globally and will allow companies to accept bitcoin and altcoin payments which can be transferred in BTC, EUR€ or USD$ as payouts.
The Ontario Securities Commission (OSC) is cracking down on unlicensed companies involved in the cryptocurrency space. Companies that the Commission is targeting include investment and trading companies.
A bank in Argentina could soon become the first in the world to begin using Bitcoin for customers’ international remittances. Banco Mansventas (BMV) partnered with local blockchain financial services firm Bitex and are looking to move away from the SWIFT clearing network which has seen multiple failures and security problems in recent years.
Payments startup, Circle has launched the full version of its crypto investment app. After a soft launch, the company has rolled out an investment focused app and one of the features is a “Buy the Market” tool for new cryptocurrency investors.
China Central Television (CCTV) has said that domestic initial coin offerings (ICOs) are still rampant despite a 2017 ban. The network went on to discuss that “air coins”, or token projects that are not backed by legally registered business entities have increased by 30x since the ICO crackdown.
A new crypto teller machine is now operational in Johannesburg, South Africa. The ATM supports several digital coins and joins a growing number of terminals offering automated crypto-fiat exchange services in the country and across the continent.
Japan’s largest bank, Mitsubishi UFJ Financial Group (MUFG) is partnering with Akamai to handle up to 1mm transactions per second using blockchain technology. The platform will confirm transactions within 2 seconds or less and batches of transactions will adhere to the same schedule.
Lawmakers in Taiwan are forming a new parliamentary group aimed to foster the growth of the nation’s emerging blockchain sector. The group will be called the Taiwan Parliamentary Coalition for Blockchain (TPCB).
The Bitcoin community is celebrating the 8th anniversary of the “Bitcoin Pizza Day” which is a celebratory day of a Pizza purchased with Bitcoin. On today’s date 8 years ago, Bitcoin was trading at $.0004 and Laszio Hanyecz purchased two pizzas from Papa John’s for USD$41 using 10,000 BTC
Ohio may become the latest US state to legally recognize smart contracts and records stored on a blockchain. The Senate Bill 300, amends sections of the Uniform Electronic Transactions act and will include blockchain records and smart contracts as electronic records.
Virtuse, a Singaporean cryptocurrency exchange, is connecting crypto markets with global financial assets, commodities, government emission allowances and stock indices to eliminate the middlemen and provide transparency to the financial sector.
The US Commodity Futures Trading Commission (CFTC) has issued an advisory statement for listing virtual currency derivative products. The director of the Division of Market Oversight (DMO) has said that the CFTC staff will seek to provide additional guidance to help market participants keep pace with innovation while complying with CFTC regulations.
American aviation company TapJets is considering adding Ripple (XRP) and Litecoin (LTC) to its fleet of payment options. The company inquired about which cryptocurrencies to add via a Twitter poll, and 57,000 users voted.
Spain’s financial regulator has clarified its position on regulated investment funds investing directly in cryptocurrencies. The regulatory body stated that an investment fund registered with the countries National Securities Market Commission can make investments in cryptocurrencies.
Blockchain startup ShareRing is developing a mobile application to consolidate sharing services worldwide. The sharing economy is currently valued at over USD$100bn according to Brookings.
Polish Finance Ministry is rolling back a cryptocurrency tax and is making promises to provide smarter regulation. The ministry will be conducting an “in-depth analysis” of the crypto space to create better regulation and taxation policies going forward.
Walmart has submitted a patent application to track items the store sells to customers. The proposed system would allow a customer to register the item after it is purchased.
TradingView, a software website that many cryptocurrency traders use just raised USD$37mm in funding which was led by Insight Venture Partners. Currently the company receives 75% of its revenues from monthly subscription plans that offer more charts, data and real-time server-side alerts
Agoric, a startup launched by computer scientists, was announced today. The firm will aim to develop a secure, blockchain-agnostic programming language based on javascript.
A “cryptosweep” was launched today in the US and Canada by a group of securities regulators. Nearly 70 inquiries and investigations, and 45 pending or completed enforcement actions will be taken, although it is unclear when the related enforcement actions will be publicly announced
The team behind Parity Technologies have announced they are shutting down PICOPS, a service used by ICO campaigns to comply with regulations by validating that the owner of an Ethereum wallet has already passed an ID background check.
The Australian Competition and Consumer Commission (ACCC) has shown in a report that crypto related fraud made up a tiny percent of scam activity in 2017. Of the 200,000 scams reporting, only 0.61% of the financial claims made were crypto related – USD$2.1mm
LMAX Exchange Group is setting up the first cryptocurrency exchange for institutional clients. The group will focus on liquid established cryptocurrencies which include: Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH).
Former OKEx cryptocurrency exchange CEO, Chris Lee, is now joining rival cryptocurrency exchange Huobi. In a public note, Lee suggested that OKCoin has experienced notable turnover in senior executives over the past few years which may have affected his decision.
Nearly 40% of all Chinese blockchain startups emerged in 2017, according to China’s Ministry of Industry and Information Technology. The report highlighted that China currently has 456 startups focused on blockchain technology development as part of their core business.
Japan Cryptocurrency exchange Coincheck will delist Monero and three other privacy coins from Coincheck, one of the country’s most popular exchanges. Japan’s Financial Services Agency (FSA) believes that users have too much anonymity with these cryptocurrencies.
Bankex Smart Justice is bringing arbitration to blockchain technology. If users are in disagreement, Bankex claims the firms technology can help users settle
Thomas Lee owns up to his failed prediction of Bitcoin (BTC) rising ahead of Blockchain week. In a note to clients before Consensus 2018, Lee predicted that Bitcoin (BTC) would surge anywhere from 10-70% yet during the week, the price of Bitcoin (BTC) fell

SWISSBORG´S DAILY INSIDER - WEEK 25

https://preview.redd.it/7kyo13981q411.png?width=1000&format=png&auto=webp&s=aeb409af5c8a766f9aa07855e8617adc164f6539

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Friday, 22. June 2018

→ Robinhood Reportedly Considering Formal Banking Services Robinhood, is negotiating with regulators about prospects for it becoming a bank, complete with traditional services such as savings accounts.
→ Stanford University Launches New Blockchain Research Center Stanford University launches the Center for Blockchain Research and Vitalik Buterin, the creator of Ethereum, is one of the sponsors.
→ Ex-FDIC Chair Bair: 'I Welcome' New Rules for Crypto
Former FDIC chair Sheila Bair thinks the U.S. needs to create an entirely new regulatory framework for cryptocurrencies.
→ Federal Reserve Branch Adds Cryptocurrency Price Indexes Former FDIC chair Sheila Bair thinks the U.S. needs to create an entirely new regulatory framework for cryptocurrencies.
Daily Performances
BTC remains confined to an extremely narrow range of 6'000-6'800. The news flows remain light, but even nones that can typically have a meaningful impact on markets, such as exchange hacks, is unable to shift the tides. Market participants remain on the side lines. In Japan, the country’s biggest Bitcoin exchange BitFlyer has temporarily halted accepting new clients due to FSA warnings of lacks in AML procedures.
https://preview.redd.it/tdp4g6p2np511.png?width=869&format=png&auto=webp&s=675ffc413ebcec58e5755db3a526840a90e4a001
Technical Analysis - BTC
https://preview.redd.it/fydwgxm5np511.png?width=1344&format=png&auto=webp&s=d790343e7c71e3090fbc26cf6d2ad406bf393fa9
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Thursday, 21. June 2018

→ Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks A bill has already been submitted which imposes multiple new obligations on crypto exchanges.
→ Winklevoss Brothers Score Another Crypto Investment Patent TTyler and Cameron Winklevoss, the founders of the Gemini cryptocurrency exchange, just won another crypto-related patent.
→ Brazil’s Central Bank Unveils Blockchain Data Exchange for RegulatorsBrazil’s central bank has unveiled details of a new blockchain platform used to facilitate information exchange between the country’s financial regulators.
https://preview.redd.it/xt4gsx0keb511.png?width=861&format=png&auto=webp&s=2d61f01749db6e370209166f3a496fa58b16fae3
Technical Analysis - BTC
BTCUSD still in a consolidation range. the most likely outcome is a break to the downside but we would expect a further upside if we close above 7,000.
https://preview.redd.it/n9fsqvm8fb511.png?width=1344&format=png&auto=webp&s=60d9779ba4e304f36bcc90a7798ff6a5adbc145b
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Wednesday, 20. June 2018

→ Crypto Exchange Bithumb Halts Withdrawals Amid $31 Million Hack Bithumb, one of the largest crypto exchanges in South Korea by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.
→ All Regulated Japanese Exchanges to Prohibit Insider Trading and Privacy CoinsThe association comprising of 16 government-approved cryptocurrency exchanges in Japan has reportedly provided a sneak peak of its self-regulatory rules.
→ Bitcoin App Square Market Cap Hits All-Time High after Earning BitlicenseThe market cap of Square surged 3% after the company obtained the BitLicense from the New York NYDFS to operate as a cryptocurrency exchange.
Daily Performances
General Comment: More sideways movement with very little market participation despite quite an active news tape of late. We still look for external catalysts for cues, and a break out of the 6,000-6,800 BTC range looks imminent.
https://preview.redd.it/qawykse164511.png?width=864&format=png&auto=webp&s=8b92911a62ad7b2baed979d1137b3f7e0b0ed8c0
Technical Analysis - BTC
BTCUSD has broken the triangle on the downside on heavy volume and has been consolidating over the last days. We expect it to continue downwards following the trend until at least $5,000-$5,500 in the coming weeks. A movement above 7,300 for BTCUSD would invalidate this expectation.
https://preview.redd.it/eccinvz464511.png?width=1344&format=png&auto=webp&s=858951ca1f471a3a9c7402b319a03170cfa586bd

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Tuesday, 19. June 2018

→ Swiss Crypto Company Acquires License to Distribute Funds to InvestorsCrypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA.
→ Japan’s SBI Crypto Exchange Adds Two Major Cryptocurrencies sJapan's SBI Virtual Currencies has added support for two major cryptocurrencies in addition to the one trading pair that its crypto exchange service, Vctrade, launched with.
→ Payments Firm Square Receives BitLicense from New YorkDigital payments startup Square has received a BitLicense through the NY Department of Financial Services.
Daily Performances
General Comment: Some news in Japan that hasn't hit the English sites yet. The FSA (Japan's financial authorities) issued "business improvement orders" to more than 5 Japanese crypto exchanges for lack of AML procedures and internal control, resources, etc. Bitfyler, QUOINE, BitBank, Bitpoint, BTCBox, TechBurea (second time) and GMO Coin (second time). Basically the entire street. No real impact on the market but we know FSA is now totally focused on AML.
https://preview.redd.it/e36wjtstxz411.png?width=872&format=png&auto=webp&s=ca605e93a4850528c43cd04859d595a22463ed6d
Technical Analysis - BTC
BTCUSD has broken the triangle on the downside on heavy volume and has been consolidating over the last days. We expect it to continue downwards following the trend until at least $5,000-$5,500 in the coming weeks. A movement above 7,300 for BTCUSD would invalidate this expectation.
https://preview.redd.it/1siddr8zxz411.png?width=1344&format=png&auto=webp&s=305636feaa241666c352012fe01d4f3b61db139d
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Monday, 18. June 2018

→ Etoro Is Launching an OTC Crypto Trading Desk for InstitutionsSocial trading platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new OTC cryptocurrency trading desk.
→ This Village Decided to Launch Japan's First Municipal ICOA village in Japan has announced to launch an ICO in order to secure funds for creating a sustainable region. This will be the first time in Japan for a municipality to use a token sale to raise funds.
→ Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent.
Daily PerformancesGeneral Comment: Not a whole lot to report over the weekend except more sideways movement in extremely thin volumes and general market apathy. Crypto market may look to traditional financial markets for the next market direction.
https://preview.redd.it/6czj7afi1q411.png?width=872&format=png&auto=webp&s=a91fe2c93d69e4c38c00d7a1425f95d32cfd2735
Technical Analysis - BTC
BTCUSD has broken the triangle on the downside on heavy volume and has been consolidating over the last days. We expect it to continue downwards following the trend until at least $5,000-$5,500 in the coming weeks. A movement above 7,300 for BTCUSD would invalidate this expectation.
https://preview.redd.it/d0mlc9vm1q411.png?width=1344&format=png&auto=webp&s=4a0f5efdadbd86bf71e9f075b0851daf3c54c3b2
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Many thanks to Mariem @SwissBorg for providing us with THE latest news.
Disclaimer: Insider aims to provide our community with updates and information regarding financial markets and the blockchain world.This is our way of communicating with our community. It is meant to be used for informational purposes not to be mistaken for financial advice.Our opinion, when shared, is just that, it may not apply directly to your individual situation. Any information gleaned here is to be used at the readers' own risk, SwissBorg does not accept any responsibility for individual decisions made based on reading our daily blog. Any information we provide on our daily blog is accurate and true to the best of our knowledge, there may be omissions, errors or mistakes.
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