“We need a financial system that recognizes the oneness of humanity.”
We chose BITDAX because it comes from the word value and we believe that cryptocurrencies will evolve into the most preferred form of monetary value for humanity.
We chose BITDAX because it comes from the word values or moral worth and we aspire to hold ourselves to the highest ethical standard – something we feel has been lacking in our nascent crypto industry.
We chose BITDAX because it comes from the word courage and that’s exactly what is required to bring about a more fair and transparent financial system for all.
We recognize the oneness of humanity and the need to build a financial system that serves mankind as a whole. We therefore wanted a name that transcends national differences and decided to get rid of the distinction between the American and British spellings of the word valor/valour, leaving us with BITDAX.
There is a socio-financial transition taking place in the world. The organisation of our world into nation-states no longer ministers to the needs of humanity. Humanity yearns to be unified; yet our structures continue to divide us.
Money is one of those structures, predominantly defined by the nation-state. The divisions and frictions caused by our antiquated nation-state system have permeated our financial system. These frictions license financial intermediaries to extract financial value from humanity’s cross-border relationships, often at exorbitant rates.
“It is expensive to be poor” is truer in the financial industry than any other. We need a new organisational paradigm for society that transcends the nation-state. This in turn will remove some of the frictions in our financial system.
But our global political systems are mired in vested interests that a deliberate transition by those in power to a system that puts the whole ahead of its constituent parts seems unimaginable, propagating the financial frictions.
In the absence of a societal paradigm that eliminates these man-made frictions, cryptocurrencies such as bitcoin and ethereum have emerged and rise above national borders.
Cryptocurrencies hold the promise of being the most frictionless asset class humanity has ever seen.
We provide a digital asset platform that allows our customers to buy, sell, store and transfer cryptocurrencies seamlessly and securely. We help bridge the gap between our traditional fiat financial system and the new world of cryptocurrencies.
Our goal is to usher in a new financial paradigm that makes financial services available to the public with pricing that is fair and transparent, and with an experience that is intuitive and seamless.