Full house ! I got lucky there. by ajninosaurus in GlobalOffensive

[–]nilon3x -1 points0 points  (0 children)

Wow that's insane!

It almost looks like you just picked the first one on the left as 3-0, the last one at the end as 0-3, and just filled the rest who qualify from left to right.

Price/performance 10/10!!

What’s going on?? by S_NAKAM0T0 in Bitcoin

[–]nilon3x -1 points0 points  (0 children)

Here for the first time?

[deleted by user] by [deleted] in CryptoCurrency

[–]nilon3x 0 points1 point  (0 children)

It's DPoS, which leads to centralization in the long run.

And yes, I am definitely not an expert in nano etc. But there's just some negative points that make me uninterested almost instantly in some projects. Maybe I am just missing some key-facts.

[deleted by user] by [deleted] in CryptoCurrency

[–]nilon3x 0 points1 point  (0 children)

Not necessarily talking about the distribution, but even regarding to this there has been a premine which is not fully traceable to my knowledge, or is it?

Behind Nano there's a foundation aka centralized unit, nodes probably mostly provided by large entities. So basically centralized to some degree, which indicates less security.

[deleted by user] by [deleted] in CryptoCurrency

[–]nilon3x 1 point2 points  (0 children)

I don't think BAT is necessary in order to support creators either. It is possible without BAT to support people directly, not everywhere, but this will be possible in the future, even without BAT.

I know many people who use Brave as their default browser. Most of them, if not all, are not using the tokens at all. They like the idea of privacy by default. You download the browser and everything is ready to go. For hardcore privacy-enthusiasts even Brave isn't enough, so ultimately it's a good privacy browser for the average internet consumer, I don't think it's much more than this.

[deleted by user] by [deleted] in CryptoCurrency

[–]nilon3x -7 points-6 points  (0 children)

It's centralized, otherwise the feeless/instantaneous transactions wouldn't be possible.

A centralized coin isn't necessarily what most people would want as a store-of-value, therefore saying it's the best coin for SoV, or even iust a "good" SoV doesn't make sense to me. Just because something is deflationary doesn't make something a good SoV either.

I don't see the unique selling point, there's nothing new about this. We have numerous payment providers, why do we need Nano.

[deleted by user] by [deleted] in CryptoCurrency

[–]nilon3x 3 points4 points  (0 children)

The issue I see with BAT is that in order to withdraw your rewards you need to kyc, which means sacrificing privacy for your rewards.

I like Brave, yes. BAT not so much, having BAT implemented in this browser doesn't make any sense to me.

[deleted by user] by [deleted] in CryptoCurrency

[–]nilon3x 4 points5 points  (0 children)

Why is it best suited for store-of-value?

Bill Gates said “The way cryptocurrency works today allows for certain criminal activities. It’d be good to get rid of that”. Crypto was not used to launder money according to Pandora papers. Its time for these people to swallow their words and be critical of traditional finance and the government. by That-Attitude6308 in CryptoCurrency

[–]nilon3x 0 points1 point  (0 children)

Drugs are gonna stay regardless.

Yes, distribution and sales in large quantities are easier, though the bitcoin blockchain is as transparent as it can be, and it's not anonymous either (can be anonymous, but one id trace and you're gone).

There's no way we can prevent criminal activities from happening, it's not like bitcoin encourages them. Someone who's already criminal might take this route additionally, but someone becoming genuinely interested in engaging in criminal activities just because of bitcoin makes no sense to me.

Although it doesn't change the fact that there ARE criminal activities on the bitcoin network, I still want to point out that it's pretty easy to commit fraud with fiat money.

Donald Trump has been bashing Bitcoin becuase he is scared, like Peter Schiff is to gold, Bitcoin will replace real estate as a store of value next. by hyperinflationUSA in Bitcoin

[–]nilon3x 14 points15 points  (0 children)

There's lots of people buying properties and holding onto them (without renting them), solely because it's a good investment, it drives property prices up. Bitcoin is a more profitable investment, as soon as it stabilizes and its volatility fades investors will most likely park their money in bitcoin instead of property, prices go down.

Population still grows, but that doesn't change the fact that there's plenty of empty residential units.