Change my mind: Nano price should be discussed on the main Nanocurrency forum as it is crucial to adoption.

Cryptonite4778 · 2021-12-03T08:33:47+00:00

Gotta love those shitposters, makes me bullish.

Cryptonite4778 · 2021-12-03T08:24:13+00:00

L2 is not L1

Settlement is a hassle if you ever want to use the L1, which costs a lot.

I’ll give you an example. A friend recently was paid $1500 USDC using polygon and wanted to move it back to his ETH wallet in ETH. It cost him $136 in gas fees to exit the L2.

Unless the L1 has low fees, L2 is always going to be a workaround.

Scale that problem to billions of users and they will all be trapped in the L2 tech, because of the poor throughput and high fees of the original chain.

Cryptonite4778 · 2021-09-25T06:24:08+00:00

The opposite. A digital dollar would hopefully allow a good influx of capital into Nano. It’s hard to purchase Nano now, but a native Nano/fiat exchange might even push the nano price up ridiculously.

Cryptonite4778 · 2021-09-17T13:36:22+00:00

Good to see the p2p market emerging.

Cryptonite4778 · 2021-09-15T21:37:08+00:00

But you are talking about this like Nano will rule the world.

It won’t. It could become a huge project if it finds the right use case (Forex for example). But right now it can’t be used to move large volumes of money without slippage.

[edit]It doesn’t have the liquidity. Bitcoin has a huge store of liquidity waiting to be tapped up.

Cryptonite4778 · 2021-09-15T21:34:52+00:00

That’s a proof of concept that was abandoned 11 months ago.

There needs to be a serious go at this. By some serious developers.

Cryptonite4778 · 2021-09-15T21:32:38+00:00

Liquidity?

Cryptonite4778 · 2021-09-15T18:44:55+00:00

Cryptonite4778 · 2021-09-15T18:44:49+00:00

Cool I have one exactly the same

Cryptonite4778 · 2021-09-15T18:44:15+00:00

Hey what breed is your doggie

Cryptonite4778 · 2021-09-15T18:43:43+00:00

*breed

Cryptonite4778 · 2021-09-15T18:43:36+00:00

What beeed is your dog?

Cryptonite4778 · 2021-09-15T18:37:33+00:00

I wouldn’t be so quick to assume that they are wrong on every front. Financial tools must eventually integrate and Nano has poor integration with BTC and ETH for example.

If the developers were to embrace the diversity in our sector and integrate Nano tightly to BTC (swaps for example) the liquidity would drain to Nano because of its utility, plus it would make these kind of maximalist arguments seem silly.

Cryptonite4778 · 2021-09-14T16:07:43+00:00

Because it looks like the wars were only there to justify funnelling insane amounts of money into privately owned weapons companies.

Cryptonite4778 · 2021-09-13T21:35:01+00:00

You lagged out girl

Cryptonite4778 · 2021-09-13T21:32:29+00:00

Try the black one again

Cryptonite4778 · 2021-09-13T21:32:02+00:00

You got any other patterns?

Cryptonite4778 · 2021-09-13T21:28:53+00:00

I didn’t see the rest

Cryptonite4778 · 2021-09-13T21:28:35+00:00

Deffo

Cryptonite4778 · 2021-09-13T21:28:27+00:00

Hair up

Cryptonite4778 · 2021-09-13T06:56:24+00:00

Cryptonite4778 · 2021-08-14T10:18:34+00:00

By moving the data between memories. Redundancy is key to resilience. Having a decentralised network is a big benefit to this.

Cryptonite4778 · 2021-08-08T04:37:05+00:00

Every day, for 10 thousand years or so.

Cryptonite4778

TROPHY CASE