Cryptocurrencies

Paymium, the French blockchain precursor – Cryptocurrencies

France is often said to be a fairly slow country when it comes to innovation. Fortunately, some individuals like Pierre Noizat are there to raise the level. Having read the Bitcoin (BTC) Whitepaper as soon as it was set up at the end of 2008, he immediately understood the paradigm shift that the blockchain was going to engender. Wanting to be part of this revolution, in 2011 he founded Paymium, the first French exchange, and today comes to talk to us about his vision and the news to come..

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A crypto friendly and maximalist CEO

It is often said that every innovation, whether it is a product or a technology, passes succinctly through five groups of individuals:

  1. The precursors
  2. the early adopters
  3. the early majority
  4. the late majority
  5. the latecomers

Involved since the 90s in the crypto industry, which let’s not forget, remains the pillar of the blockchain, Pierre Noizat heard about bitcoin from its launch. We won’t insult you for implying that we had a discussion with Satoshi, but with one of the French who saw with his own eyes the evolution of our dear Bitcoin.

This seniority is reflected in the way the CEO of Paymium approaches Bitcoin and blockchain. Let’s put it clearly, here we are dealing with a true maximalist. A worthy heir to the cypherpunk movement, aware that Bitcoin is not just a speculative tool or a payment technology, but a civic act to say no to this system.

No to these banks, no to these crises and yes to this freedom. Yes to this alternative available to all. Yes to this revolution that we are writing together day after day. It is to convey this thought and offer this possibility to more people than M.Noizat launched Paymium 10 years ago.

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Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

Paymium is 10 years old and continues to move forward

Beyond his seniority, Paymium is distinguished from other exchanges by certain initiatives unique on the market such as negative trading fees. Yes yes, you read that right, the maker trading fees are negative on Paymium.

For those of you who don’t know, makers are the individuals filling out the order book and bringing liquidity to an exchange. It is therefore customary to reward them by granting them lower trading fees than takers who buy at market price without providing liquidity. But why offer lower fees when you can simply waive them? Or better, as Paymium does, make them negative, allowing the maker to earn money on each order. A particularity further in the direction of offering to the greatest number this revolution of thought that is the blockchain.

Mainstream adoption will only happen when the transactions and actions that banks allow today are tightly tied to blockchain. So, expect announcements from this side at Paymium during the year 2021, which, although only just starting, promises to be full.

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Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

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Promises that you will discover, with, we hope impatiently, on January 6, 2021 at 5:00 p.m. Because time flies always faster when we’re having fun, don’t hesitate to watch our other videos and ring the subscription bell. Good viewing, Cryptocurrencies out.

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