Fast

If a stablecoin is backed by bitcoin, and you want to redeem your stable for bitcoin, are you willing to pay $50 and wait 48 hours?

And how do you propose to cash out the Nano? And for what reason would the rules not apply to a BTC stable coin?

In any case, 50$ and 48 hours is much faster and cheaper compared to what companies currently pay for processing transactions.

Just rendered obsolete by libra a few days ago. I won't be surprised if it drops out of the top 100.

I've done hours of research into Nano, and i've concluded it will be niche at best. Of course, this is the opinion of a random guy on the internet. Your free to do whatever you like and may even make some gains while your at it.

Nobody with real money in the game will store it in shitcoins, that's risky AF. Shitcoins are gambling vehicles. You ride the tide and jump off before it crashes down.

never heard of venmo huh. by your logic there's no reason to use crypto. If time and fees are no problem just use venmo, western, or paypal

Bitcoin's selling point in scarcity. Scarcity in supply and scarcity in the blockchain. It's mathematically designed to go up to some insane value.

Agreed
It's just not plausible in the real world.
In my opinion, Nano is the next Dragonchain

bitcoins original release was "peer to peer currency". In order to do peer to peer transactions, you need a method of transfer, and preventing double spending.
You could make a scarce beanie baby, completely unique, one of and it wouldn't be valuable, because it doesn't have any other valuable properties.
saying its "mathematically designed" to be worth millions is just retarded. The halving rate is to keep an incentive to mine bitcoin. There's no law that says there will be demand for bitcoin. Sure its doing well and will continue to do so, but if demand dropped, price drops.

Of course, but If Bitcoin reaches new ATH's and all this new money is coming into the market, then vendors are going to want a slice and allow people to pay in crypto.

Having said that, your only argument so far is that it is faster. Speed is not an adequate trade for security. Vendors will feel far more comfortable with a STABLE coin backed by Bitcoin. OR a stable coin that is backed by a collection of cryptocurrencies as collateral.

I'm not a genius, but I am a finance major and this is just the way things work.

Nano is worst than a shitcoin: no halvings, no token burning, centralized, limited features, etc.

>vendors will want a slice
bitcoin has been around for 10 years. the only vendors accepting it are those who are speculating on it.
Nano is not only faster, it is cheaper to use, and cheaper to run a node since you don't have to perform expensive computations. The network doesn't have wild changes in usability due to difficulty changes and # of miners.

Tether has also been around for a very very long time. Why haven't vendors wanted any slice of that pie?

scam

I would prefer nano if it is cheaper desu

I could always swap it for USD after the payment to avoid volatility too

I said "If BTC reaches new aths vendors will want a slice" I'm talking years from now when crypto is more acceptable.

Vendors aren't going to be running Nano nodes dude, come on.

Like I said, speed is not an adequate trade for stability. And nobody is talking about tether, it has a shady history at best.

If you honestly think vendors will prefer a volatile crypto over a stable coin backed by BTC or a basket of top cryptos then there is nothing more to say.

We will simply agree to disagree. Good luck on you trades.

heaviest bags + normie bagholders

Even now every coin has +% against usd except nano. Weakhanded faggots sell even now, at least they get back $100 of their initial $10000.

KEK

>pump and dump
>scammer deps
>incompetent devs
>cant actually scale for shit even if they clain 1000tps

>no one will care if their money is stuck in transit for 48hours to 2 weeks, stability doesn't matter
for someone thinking about the future you don't seem to understand what block size is

>name one reason
Shitcoin

If you want to stick with Satoshi's Vision buy Bitcoin Cash. Also let me know when your Nano shitcoin overtakes papa bitcoin in marketcap and I'll gladly quit this space forever

I can't tell if your serious or not?

As I said before,

My solution to slow btc speed (which is currently still faster and cheaper than current systems) is a BTC stable coin that could easily be just as fast as Nano.

This solves the speed and volatility issue, rendering Nano completely useless.

Maybe me explaining it a second time will help you. But I doubt it. You have been completely shut down on every point, you are the weakest link. Goodbye.

you're comparing a magical idea with reality, i can't argue with that.

I am just going to leave this here. Official videos and presentation will go public in 2 weeks.

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I would absolutely violate that redhead

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Libra killed it Jimmy

Post more pics of the redhead

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- Appia is a completely different company, Separate from the Nano Foundation.
- The POS devices will cost under €50 (considerably less than competitors such as Pundi-X)
- Will support many cryptocurrencies not just Nano
- Users will send to a single QR (not separate QR codes per currency)
- Available to use on a coffee machine at the meet-up it worked really well and fast.
- The actual device is blue and white rather than black.
- Key features are
○ Decentralization
○ Security
○ Privacy
○ Multi-Channel
- Works with QR codes or NFC
- Appia main source of revenue will be through the sale of certificates and hardware.

Attached: nano.jpg (825x510, 28K)

Why do you even want to spend your rare digital assets in the first place? You should be spending your garbage fiat and holding your crypto. Payment coins are a meme right now, you can't have medium of exchange or unit of account to be true money until the price has stabilized enough that you aren't sacrificing a huge opportunity cost to spend your crypto

Since you asked nicely, senpai.

George Soxon, COO of the Nano foundation.

Attached: george-coxon.jpg (700x700, 328K)

And of course, Colin LeMahieu, CEO of the Nano foundation.

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Also known as Colin LeVishnu. Remember, when BTC moves back into alts, only some of them will survive. I fully expect, the losses from those that do not, to be absorbed into those that do. Choose wisely.

Attached: colinlevishnu.png (800x480, 397K)

its feeless and instant

and by feeless i mean literally goddamn 0 fees. Not low fees, NO fees. And by instant I mean less than a second.

Also stablecoins dont moon. Eventually no one will want stable coins.

Nano around the globe demonstration. Live net.

youtube.com/watch?v=hmOtl9H9su8

Thats like saying no one will want to buy stocks because stocks are not stable in price. Thats dumb. You are a dumb man.

How many vendors accept stock shares as tender for goods and services?

Literally the worst argument i've ever heard.

I've honestly never understood why nano gets so much hate on here. But you guys are actually stupid. HAHAHAHAHA

Funny how the price just started to rise the moment I leaked those posts here. Stay smart, user.

Nano isn't centralized

Only reason I'm not all in is because I hold Banano

Thank you fren

np, support white devs for a white future

found another for you

Attached: george2.jpg (4096x2303, 2.02M)

Its dag and its fast and it works. That are pros ofc.

CONS:
>payment coins are DOA, libra and stablecoins jsut killed them, noone will use fucking volatile delaratory asset to pay for shit /thats why btc pivoted to store of value meme)...everyone is bagholding nano in hope it gets adopted and goes to moon so they can dump they bags and be rich...

So if shitcoin you baghold is not btc or sc related its long term value is going to be 0...

It's almost like crypto as a currency is a bad idea that no one cares about.

Lmao everything else is pumping and this shitcoin is down 5%! Hahahahahah.

Only reason why Nano is feeless is because it's entirly run by volunteers doing ALL the work, taking ALL the costs. When the price of Nano is stabilized and no one will do it for future gains, that network will collapse and Nano crash. Absurd business model.

libra

>reddit

The NANO team is the shadiest team in all of crypto. Bitgrail and the team pulled off the greatest scam of 2018 and the fucking holders turn a blind eye, like nothing fucking happened. UNFUCKING BELIEVABLE. The absolute state of the NANO cult.

Dig deep unto this post so you would understand how the NANO team and Bitgrail scammed hundreds of people. I'm just trying to save you all Nano CULT from your delusion.

archive.is/GGWIG

Attached: KYC Nano BitGrail1.jpg (876x424, 38K)

Zuckcoin will have ALL the features of Nano
>Instant
>Feless
>Green

PLUS
>Stable (not loosing 98% of value in short time, like Nano)
>Can use on Uber, and most likely Amazon etc later. Nano will then never get used by Uber, Amazon etc. Colin said no marketing, cooperation needed.
>Safe. Protected by government
>Safe to use. A fatfinger will not send all your money into oblivion
>Safe, will not be hacked
>Safe will not be regulated and suddenly banned by central banks, making it illegal to use Nano and all money lost
>Billions of dollars used in marketing

For normies, how can Nano compete? Criminals, anarchists and cyberpunks is not a great market, compared to Zucks global market.

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>store of value volatile coin

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Slower and more expensive than EOS?

>The POS devices will cost under €50 (considerably less than competitors such as Pundi-X)
For how many TPS, 1700? A global currency must at least have 100 000 TPS. Visa alone is calibrated for 56 000 TPS [1] and they are not aimed at micro-payments as Nano. The design of the Nano network is completely broken. How much CPU, IO and Bandwith will one node consume with 100 000 TPS, do you have any idea? And if Nano has done zero cost analysis, then this truly is an amateur project among friends that will crash hard.
[1] accenture.com/no-en/success-visa-connected-commerce-car

>Rather than letting the technology wither on the vine, Nano is taking a particular interest in building a presence in countries such as Madagascar, Ghana, Brazil and South Africa, LeMahieu said.“We think Nano as a currency is widely applicable everywhere but you can’t roll it out everywhere instantaneously”.
Source: cryptobriefing.com/nano-adoption-target-market/

This is not comedy night. Instead of focusing on getting deals with Amazon, Ebay etc, Colin will focus on pushing Nano on poor Negroes in Ghana. Starting in Africa and other third world countries, telling already poor people to run nano nodes for free and take all the costs (as stipulated in the Nano model), will create a third world network from hell and a truly slum vibe around Nano as a brand. The Nano team does not understand the business world at all, but rather operate as a bunch of delusional Bernie supporters with zero real life experience, or plebbitors, but that's maybe redundant.

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>1 second tx times
>free
>decentralized, anyone can host a node
>costs about 5$ a month for a working node, network is already supported by thes
>7000 TPS demonstrated on testnet with higher quality nodes, still not that expensive, perhaps $200 a year in costs.
>permissionless
>devs currently working on a crypto agnostic point of sale service that fits the same permissionless and open source model

Even if I wasn't an investor, I would totally take advantage of Appia, which happens to be platform agnostic too. Meaning ETH, BTC, LINK, NANO, etc will all be easily accepted by whoever utilizes the Appia service. Free for online vendors too as they won't need to buy the €50 terminal.

Crypto adoption is coming, the very reason why companies like Steam stopped taking BTC was due to the fees and delay. Vendors and customers using this device will naturally gravitate towards the cheaper and better options. This is why LTC has such great gains, and why Nano to will have the torch passed its way.

Time is ticking.

imgur.com/a/FK7O8Or

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With regards to finance, technology and other products they can't easily evaluate themselves (unlike food or clothes), people in the third world are very skeptical if it's not a well known brand in the West. They can't afford to take risks on unknown brands, or brands that didn't make it in the West, and will stay far away from Nano. For them fluctuations and as little as a 20% fall in the price of Nano or more, would be catastrophic. A truly crazy business strategy. Nano will not be able to compete with Bitcoin and Lightning Network, or Facebook's Libra, in the third world, - unless Nano first has conquered the US/European market as a bare minimum. This business strategy is just a replay of the insane no-comment, no-help, no-apology, kick-them-off-our-Plebbit-page business strategy they had after the Bitgrail disaster. Failure after failure. This will not end well.

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LTC chart

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Nano chart

Seems familiar...

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Its shit

Oh whats this..? Charlie Lee, the creator of LTC owns a stack of Nano? Hmm...

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>free
Because run entirely by volunteers taking all the costs and man-hours.
>1 second tx times
Sometimes, has been up to 20 s. How many seconds will it be with a 100 000 TPS? The bare minimum for a global currency with micro-payments? Have Nano even done any kind of analysis?
>7000 TPS demonstrated on testnet with higher quality nodes
This Nano has 7000 TPS lie pushed by the Nano team and Italian scammers, mooned Nano in Dec 2016. Here is the sad reality, pic.

Nano's network is not designed to be a global currency. Only functions as a kitchen table run by amateur friends

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Explain pic.

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One word
Bitgrail

More from Charlie Lee on Nano

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No value if it is fast and cheap.

Charlie Lee when asked about Nano and Coinbase, a year and a few months ago

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Because we don't want to lose money? Tech, fundamentals, whatever doesn't matter when all the coin can do is fall in price.

Nano is a crashed coin with a broken system. The very basis for Nano network is that people will run the whole system for free, for all eternity, all the time, with no downtime, or the Nano network will crash. Can any of you nanoids guarantee that? The integrity of your network is solely based upon people that will work for maybe thousands of hours for free and pay tens of millions in costs for nodes, bandwith for free, for all eternity? How insane, delusional and away from real life is that?

Compare that to Constellation (DAG) where all micro payments are free, but industrial consumers will have to pay for bandwidth and nodes with either DAG tokens or running a node. A very simple, yet elegant solution. DAG has a market cap of 6M (a clear 1000x candidate) and is better than Nano and IOTA in every way.
Tech Gem Solves DAG Centralization: Bye, bye Nano, IOTA and Hedera. Enter Constellation
youtube.com/watch?v=OyXu-CX33-c

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>name one reason not to go all in
OK, here are some:

Dangerous flaws and major problems with Nano
archive.is/diUnZ

Nano Heading for Disaster – Dirty Deals with BitGrail
archive.is/GGWIG

Nano and Bitgrail leaders scammed over $100 million from Bitgrail
archive.is/zAtyl

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That was BEFORE the constant node crashes on all exchanges, frozen accounts etc, right? Explain this from Charlie Lee

What has she actually done all these years? Can you name her three greatest achievements?

Sad truth

Bitcoin game theory works, nano doesn't

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Pro-tip.

Dogs bark. Wolves don't.

Nanoids from plebbit. The s o y boiz are here and they are desperate. Pic.

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tfw you realize this is the God protocol and may very well become as ubiquitous as http://

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While retail investors were stuck with fake KYC, frozen accounts and at best a limit of 1 BTC withdrawal per day, Nano devs and their friends, due to their incestuous relationship with bitgrail, could withdraw millions of Nano, worth tens of millions of USD out off Bitgrail without any problem. Pic. Before Bitgrail crashed where Nano retail investors lost 170 million dollars.

Attached: p49zMEo.png (1712x484, 137K)

Here is dev Zack Shapiro, a rabid open border Jew and vile Trump hater, just a few days before Bitgrail crashed with a loss of 170 million for Nano investors. Pic.

Attached: Shapiro Bitgrail not insolvent 4 Feb.png (1440x1277, 986K)