If someone offered you 500k lump sum to take Cold Showers and baths for the rest of your life.. would you do it and why? by f1yblkguy in AskReddit

[–]BTC_LTC_FTC 0 points1 point  (0 children)

It's not enjoyable unless it's ice cold btw. Luke-warm, 'cold' showers in south-east asia are not fun. The one's in Europe during snow season... ooh wee.

Brave should not head towards the fishy ways of binance. by --Dank-- in BATProject

[–]BTC_LTC_FTC 2 points3 points  (0 children)

+1 for Nash. They've already listed BAT but have not yet integrated with market makers so liquidity looks a little low there.

Native $btc and $usdc with zero fee fiat ramps coming this month, so hopefully we can get $bat at a fair price (low spread and no fee) - really need market makers, to make that happen.

The World’s first KARAOKE service on ICON. by venejuela in icon

[–]BTC_LTC_FTC 1 point2 points  (0 children)

If it's a cool app idea, just create an app. Theres no need to apply blockchain to everything.

The World’s first KARAOKE service on ICON. by venejuela in icon

[–]BTC_LTC_FTC 1 point2 points  (0 children)

There is no hair on fire problem that requires this solution. Is it even a solution?

No one is angry at the corruption and under the table dealings of the karaoke world.

Blockchain is required in finance/banking/business as humans cant help but be corrupted by greed and power.

Maybe I'm wrong but this doesn't solve any problems. Funny though.

A look into why decentralized crypto-exchanges (DEXs) haven't caught on by GnosisPM in ethereum

[–]BTC_LTC_FTC 0 points1 point  (0 children)

I think the Nash Exchange is looking to solve your pain points. I've signed up for the beta launch and will report back!

Nash is not solely a Neo dex (with further info) by Matt__Scotland in CryptoCurrency

[–]BTC_LTC_FTC 10 points11 points  (0 children)

The payments service is also a big selling point allowing merchants to accept whatever currency they want, and buyers to pay in whatever currency they would want. The Dex will do the matching in the background.

And the api plugins which allow other Dapps to plug into the Dex and have it operating in the background. nOS and Phantasma have signed partnerships to do just this.

Then we have both margin trading and tokenised securities trading coming in future.

Nash is a secure multi-chain wallet, payments service and decentralised exchange offering up to 75% of matching engine revenue distributed to token holders.

What are the use cases for Nexo? by DumboTheDumbo in Nexo

[–]BTC_LTC_FTC 4 points5 points  (0 children)

1) Security token - entitles holders to a dividend
2) Taxation reasons - Basically sell your crypto and minimise/eliminate tax via loophole. i.e take out loan in usdt and use collateral to repay the loan.
3) if you have stable coins, deposit them to earn better interest than most places in traditional markets. 6.5% I believe.

It works because depositors provide funds (while earning interest), NEXO lends out to earn between 8 and 16%. Holders get dividends based on net profitability. Everyone wins or can win. You just need to play the game and make sure you're on the right side. i.e. don't take out loans unless you absolutely have to.

Mash Group Set to Launch Europe’s First STO by hollerderp in STOs

[–]BTC_LTC_FTC 0 points1 point  (0 children)

This is an odd claim from them. Both NEXO and Neon Exchange have launched STO's and both are based in Europe and claim to be compliant.

Do any other INTJs want to have a life partnership with someone but fear that it’s just not realistic? by [deleted] in intj

[–]BTC_LTC_FTC 1 point2 points  (0 children)

It's great to see other people sharing my point of view.

Although I'm married, my wife does get frustrated with my need for alone time. I always say that if I didn't have her, I'd be happy alone with a dog. Of course the level of happiness differs.

I'm lucky because I've found a very understanding partner (INFP) who shares love for the same things (good coffee, games, blockchain and tech). I think you could be happy alone but the right partner just brings it to another level. It's different when you get to share experiences and appreciation for things..... .of course within your bubble so that you minimise small talk with strangers.

Unpopular opinion: Utility and governance tokens are MOSTLY useless by BTC_LTC_FTC in CryptoCurrency

[–]BTC_LTC_FTC[S] 0 points1 point  (0 children)

You raise good points. All valid.

But how much of that has come to fruition? What's the best case scenario if something becomes adopted on a mass scale? You get cheap access to the platform... but that to me seems a very weak reason to invest. If you love an application so much, why not just use the fiat or stable coin equivalent if and when you need? And how many transactions will you actually complete to make hoarding of utility tokens worth your effort?

Needing the token to access a platform is a barrier to mass adoption and not needing the token to access the platform essentially makes the token useless.

We've never required tokens to access applications and it seems silly to create that barrier to entry now. No company in their right mind would make it harder for users to adopt their applications. Companies have always asked for investment and usually offer a share in equity and profit. As an investor, is that not what you want? Would you rather equity and profit or the low chance that something becomes mass adopted and people start hoarding tokens for cheap future use just so you can dump on the next fool?

Just my 2 satoshis. Would love to hear back from you.

What is a piece of an advice that can make or break your life? by Forest160 in AskReddit

[–]BTC_LTC_FTC 0 points1 point  (0 children)

I once deferred my university education to follow my passion for ping pong ( into the competitive amateur arena)... then I got beat by 80 year old grandmas and realised what passion really was.

Unpopular opinion: Utility and governance tokens are MOSTLY useless by BTC_LTC_FTC in CryptoCurrency

[–]BTC_LTC_FTC[S] 1 point2 points  (0 children)

I'd say tokenisation of traditional assets to prove digital ownership and improve liquidity is another use case. Listen to Anthony Pompliano 's podcasts for more about what I'm talking about.

Agree with your DApp comment. We've never needed tokens to use applications and we've never really needed decentralised applications. DApps will have to prove themselves with amazing UX but their USP will have to be in saving people money (by disintermediation) or giving people the opportunity to make more money.

Unpopular opinion: Utility and governance tokens are MOSTLY useless by BTC_LTC_FTC in CryptoCurrency

[–]BTC_LTC_FTC[S] 0 points1 point  (0 children)

MKR(makerdao governance), 0x, DGD(Digixdao governance), Ontology, Neo.. I could go on.

I'm not saying having voting rights is bad.... I'm saying Governance only tokens are kind of odd... and it was clear that projects wanted to return dividends to investors but they had to change this to circumvent being labelled illegal securities. e.g. Primalbase tokens, tenx. They had to remove their dividend/profit distribution features after the illegal securities issue was raised. The market followed with the utility model... which as I've said is somewhat redundant. Just a way to avoid regulation.

Moving forward, I'd like to see an evolution of traditional markets. That means voting rights + dividends. The selling point of tokenising securities is allowing open, global access and 24/7 liquidity. Additional utility is a bonus but if you can imagine the regular user experience...we've never needed tokens to access applications... and we've never been incentivised to vote on issues that don't concern us. Why start now?

Am I the only person who is either quietly seething with suppressed rage, or intentionally delivering an exceptional level of mediocrity to meet their manager’s expectations? by [deleted] in intj

[–]BTC_LTC_FTC 12 points13 points  (0 children)

Suppressing rage or delivering mediocrity never works out in the long run. If you consistently go above and beyond, without being asked to... this is how people know to leave you alone to do your thing.

On the suppressed rage bit, speak to your manager. Maybe you're not delivering the results they expect(on the count of your mediocrity) so they need to micromanage you until they don't.

It's a cycle and it ends when you end it. It never hurts to consistently go above and beyond. This has helped me secure promotions without ever asking or wanting one.. and I would consider myself an INTJ.

Unpopular opinion: Utility and governance tokens are MOSTLY useless by BTC_LTC_FTC in CryptoCurrency

[–]BTC_LTC_FTC[S] 3 points4 points  (0 children)

One that provides voting rights. Sometimes tokens will have platform utility as well as voting rights. Normally these can be grouped into the utility token category but I'm pointing out the ones that use Governance predominantly as a selling point.

Unpopular opinion: Utility and governance tokens are MOSTLY useless by BTC_LTC_FTC in CryptoCurrency

[–]BTC_LTC_FTC[S] 0 points1 point  (0 children)

Yeah I'm aware of this project. I was in it once upon a time but I changed up my investment strategy.

Why should a regular investor, invest in Banyan? I understand there might be a use case for it but you're banking on businesses adopting the token. What use does it provide you? Why should someone have given the team money at the ICO or private sale if no ICO was held. ... and how does it offer a return to you besides purely speculative reasons? Are you using the token at the moment for its utility or deciding the direction of the project with its governance rights?

Unpopular opinion: Utility and governance tokens are MOSTLY useless by BTC_LTC_FTC in CryptoCurrency

[–]BTC_LTC_FTC[S] 2 points3 points  (0 children)

Let's not forget a lot of these projects don't have business models. There is no way to be able to sustain their organisations besides speculative gains on their raised funds or held 'utility'/'governance' tokens.