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This author is way behind the times. Bitcoin is obsolete. Nano (nano.org) is what the author should be looking at as the future of p2p digital currency. Nano tr

This author is way behind the times. Bitcoin is obsolete. Nano (nano.org) is what the author should be looking at as the future of p2p digital currency. Nano transactions are feeless and take under 1 second, fully confirmed. If you send 1 Nano the recipient receives 1 Nano. There is no mining involved so it is green and it is decentralized. These features make microtransactions possible. You could use it to pay a fraction of a sent to stream a song or read an article. Or us it to log in to websites. Npass is doing both. https://npass.dev/npass https://npass.dev/npass Robocash is using Nano to prevent robocalls. https://www.myrobocash.com/ https://www.myrobocash.com/ Smart contract coins like Ethereum will have tons of uses, especially for digital goods. You could easily cut escrow.com (and all escrow fees) out of the process of transferring domain names (and other digital goods) with smart contracts if a domain registrar got with the times.

aww_dang 6y ago
I'm using NANO for microtransactions in browser-based multiplayer rougelikelike. Bid for your character and cashout if you survive. Bid again from the same account to resume your saved game. https://playerkillers.exchange/KILL https://playerkillers.exchange/KILL
ac29 6y ago
I'm not sure a cryptocurrency that has lost ~95% of its value in the past couple years is a good counterexample to this article.
- aww_dang 6y ago
  Valuation isn't necessarily a measure of utility. Usually it is correlated with hype and marketing. Most people interested in cryptocurrencies have little to no interest in actual use cases. Investors simply want the price to go up. This is usually criticized as a "greater fool" investment strategy. The article speaks to this. If there is any value in an cryptocurrency, it is up to the developers to divine it. Investors will eventually find a price equilibrium, but for now the ecosystem seems driven by hype, buzzwords, pozi-dapps and bubbles. NANO doesn't have any of that.
- AdrianEGraphene 6y ago
  Tell me, what is the value of Java, Python, Javascript, or HTML? When you start looking at cryptocurrencies as code, valuation becomes meaninglessness.

aww_dang 6y ago

I'm using NANO for microtransactions in browser-based multiplayer rougelikelike. Bid for your character and cashout if you survive. Bid again from the same account to resume your saved game. https://playerkillers.exchange/KILL https://playerkillers.exchange/KILL

ac29 6y ago

I'm not sure a cryptocurrency that has lost ~95% of its value in the past couple years is a good counterexample to this article.

aww_dang 6y ago
Valuation isn't necessarily a measure of utility. Usually it is correlated with hype and marketing. Most people interested in cryptocurrencies have little to no interest in actual use cases. Investors simply want the price to go up. This is usually criticized as a "greater fool" investment strategy. The article speaks to this. If there is any value in an cryptocurrency, it is up to the developers to divine it. Investors will eventually find a price equilibrium, but for now the ecosystem seems driven by hype, buzzwords, pozi-dapps and bubbles. NANO doesn't have any of that.
AdrianEGraphene 6y ago
Tell me, what is the value of Java, Python, Javascript, or HTML? When you start looking at cryptocurrencies as code, valuation becomes meaninglessness.