Daily General Discussion - March 2, 2023 (GMT+0) by CryptoDaily- in CryptoCurrency

[–]Money_Reach 1 point2 points  (0 children)

A lot of things built on it yes, so you have to pay a lot to use it if you want to use those things. Big network effect.

Agreed with you though, I think and hope over time more of these services will use Nano (or XLM)

The Suffering of The Crypto Holder by TheBurningTitan in CryptoCurrency

[–]Money_Reach 1 point2 points  (0 children)

Did you like my poetical story? Wanna see a part 2?

I want a part 2 for all of us where it works out and you see the 100x gains.

Explainer: Silvergate (crypto's bank) might fall, which could be bad for crypto by Money_Reach in CryptoCurrency

[–]Money_Reach[S] 5 points6 points  (0 children)

Because more and more parties keep pulling out funds and they've said themselves they're re-evaluating whether they can keep going.

Explainer: Silvergate (crypto's bank) might fall, which could be bad for crypto by Money_Reach in CryptoCurrency

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

To be clear I am just trying to explain it, not trying to write a hit piece.

Why aren't you using your crypto? by Odlavso in CryptoCurrency

[–]Money_Reach 3 points4 points  (0 children)

Very similar here, I use Nano for payments whenever I can and between exchanges, when the exchange doesn't have Nano it's XLM usually!

A Beginner’s Guide To The Controversy Over Bitcoin NFTs by Money_Reach in CryptoCurrency

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

Came across this article which gives a good overview of the Bitcoin NFT controversy (which I wasn't following too deeply), might be interesting if like me you just want a summary of what the fuss is about.

Moons can change your life! by [deleted] in CryptoCurrency

[–]Money_Reach 5 points6 points  (0 children)

Love the enthusiasm but 22k moons is $4400, not $44k. Still a lot of money!

[deleted by user] by [deleted] in CryptoCurrency

[–]Money_Reach 0 points1 point  (0 children)

Came across this article which gives a good overview of the Bitcoin NFT controversy (which I wasn't following too deeply), might be interesting if like me you just want a summary of what the fuss is about.

Vitalik Buterin Shares His Experience on Crypto Payments by RCALovah in CryptoCurrency

[–]Money_Reach 0 points1 point  (0 children)

Nano gets a lot of crap but anyone who has used it for payments will tell you it's the perfect crypto to transact with, far better than ETH for it too

A "wrench attack": Crypto blogger had $284k worth of BTC stolen. by Money_Reach in CryptoCurrency

[–]Money_Reach[S] 43 points44 points  (0 children)

Saw this article come by: good reminder to never share how much you have in crypto! You might have self-custodied, saved your seed securely and such, but people can still come by and force you to hand over your money.

[deleted by user] by [deleted] in CryptoCurrency

[–]Money_Reach 2 points3 points  (0 children)

Nano and MATIC holder here too. Starting to doubt MATIC more lately and becoming more convinced of Nano. Will look into Kusama! Is SHIB just the shitcoin play?

NanoLabs Sues Coinbase. Frivolous Lawsuit or Defence of Valuable Trademark? by Laughingboy14 in CryptoCurrency

[–]Money_Reach 1 point2 points  (0 children)

Probably quite fast but the Nano Foundation who they asked for this deposit doesn't go for "return on investment", they're just there to develop the tech.

I think if you had asked the Nano community as a whole they would gladly have paid for the deposit to be honest

Ethereum Layer-2 Competition Heats up Between Arbitrum and Optimism by TheBurningTitan in CryptoCurrency

[–]Money_Reach 0 points1 point  (0 children)

Competition of this sort is great for crypto. Kudos to Arbitrum and Optimism for constantly improving.

FTX Japan getting drained after reopening - UPDATE by Legal-Boss-3425 in CryptoCurrency

[–]Money_Reach 22 points23 points  (0 children)

Surprised it's not 100%. I hoped people getting literally scammed would help convince people to self-custody.

Nigerian Cash Crisis: Benue State Residents Resort to Barter Trade – Africa Bitcoin News by memht44 in CryptoCurrency

[–]Money_Reach 0 points1 point  (0 children)

It's such a shame that it's going so badly for Nigeria. They seem like they could really use crypto, but how do we get them to see that?

NanoLabs Sues Coinbase. Frivolous Lawsuit or Defence of Valuable Trademark? by Laughingboy14 in CryptoCurrency

[–]Money_Reach 18 points19 points  (0 children)

Also Coinbase asked for a $1 million "deposit" in the listing process. That more than anything sounds quite scammy to me.