{"id":30609,"date":"2025-06-06T13:17:35","date_gmt":"2025-06-06T13:17:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30609"},"modified":"2025-06-06T13:17:35","modified_gmt":"2025-06-06T13:17:35","slug":"make-your-own-money-circles-wants-to-return-crypto-to-its-egalitarian-beginnings","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30609","title":{"rendered":"Make Your Own Money? Circles Wants To Return Crypto To Its Egalitarian Beginnings"},"content":{"rendered":"<div>\n<p><figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/06130643\/Gemini_Generated_Image_h71hnhh71hnhh71h-1024x1024.jpg\" alt=\"\" class=\"wp-image-14021\" style=\"width:920px;height:auto\" srcset=\"https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/06130643\/Gemini_Generated_Image_h71hnhh71hnhh71h-1024x1024.jpg 1024w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/06130643\/Gemini_Generated_Image_h71hnhh71hnhh71h-300x300.jpg 300w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/06130643\/Gemini_Generated_Image_h71hnhh71hnhh71h-150x150.jpg 150w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/06130643\/Gemini_Generated_Image_h71hnhh71hnhh71h-768x768.jpg 768w,https:\/\/contributor-assets.benzinga.com\/wp-content\/uploads\/2025\/06\/06130643\/Gemini_Generated_Image_h71hnhh71hnhh71h.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><\/figure>\n<\/p>\n<p><em>the image is generated by AI<\/em><\/p>\n<p class=\"has-text-align-left\">Will crypto ever return to its community-first ideals? As banks and institutions\u00a0gobble up Bitcoin\u00a0and whales\u00a0consolidate control over ETH supply, true believers might be forgiven for reminiscing.<\/p>\n<p><a href=\"https:\/\/aboutcircles.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Circles<\/a>\u00a0(V1) began its life in 2020 as an experiment in decentralized, permissionless currency. The aim was to give the de-banked and financially marginalized universal basic access (UBA) to digital cash.<\/p>\n<p>As an alternative to UBA leaders like centralized, biometrics-driven Worldcoin, it was laudable and intriguing. But the idea didn&#8217;t catch fire.<\/p>\n<p>Now Circles is back with V2, which the project says delivers better value and a stronger economic model.<\/p>\n<p>At a low-key\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=BO0U_MNwUBo\" target=\"_blank\" rel=\"noreferrer noopener\">launch event<\/a>\u00a0in April, co-founder Martin K\u00f6ppelmann noted that bringing V2 to life has been a decade-long journey.<\/p>\n<p>&#8220;Circles is a big and radical idea. It poses the question, \u2018How does money really work, and can we make it better?\u201d<\/p>\n<p>Because Bitcoin is still held by a fraction of the world&#8217;s population, K\u00f6ppelmann said its adoption curve means price rises mainly profit those who bought-in early. Circles V2, he said, aims to deliver crypto&#8217;s benefits to the masses.<\/p>\n<p>&#8220;We are trying to take the best of Bitcoin, its decentralization, but try to be radically fair in its distribution.&#8221;<\/p>\n<h2 class=\"wp-block-heading\">A Global Currency for a Globalized World<\/h2>\n<p>Circles V2 is part of K\u00f6ppelmann&#8217;s\u00a0<a href=\"https:\/\/www.gnosis.io\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gnosis Chain<\/a>\u00a0project for an open and decentralized internet. At its core is a\u00a0<strong>democratic money system<\/strong>\u00a0that spreads financial gains widely.<\/p>\n<p>Every Circles user can mint the same number of Circles (CRC) tokens for as long as they are active \u2013 one per hour.<\/p>\n<p>That&#8217;s very different from Bitcoin, where current holders are poised to benefit most. It also sets it apart &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/06\/45813055\/make-your-own-money-circles-wants-to-return-crypto-to-its-egalitarian-beginnings\" alt=\"Make\" your own money circles wants to return crypto its egalitarian beginnings>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>the image is generated by AI Will crypto ever return to its community-first ideals? As banks and institutions\u00a0gobble up Bitcoin\u00a0and whales\u00a0consolidate control over ETH supply, true believers might be forgiven for reminiscing. Circles\u00a0(V1) began its life in 2020 as an experiment in decentralized, permissionless currency. The aim was to give the de-banked and financially marginalized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30609","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30609"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30609\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}