me gusta

Nanocurrency investor.

[me gusta @davidleviet]

@Hugothewiz DONE

[me gusta @davidleviet]

@Mrcryptoxwhale DONE

[Aoshi Ӿ @crypto_math]

Be the light Ӿ in the dark, light up the red eyes cult!

#XNO #Ӿ

[Nano @nano]

Imagine having a vault on your phone. Being able to access your money, in your control, from anywhere in the world.

This is what nano wallets are for! The perfect thing about #nano? Most wallets are super easy to use!

https://t.co/rwLJHT3FZe

#crypto #cryptocurrency $XNO #xno

[MJ @atxmj]

What creates value?

What creates a reliable store of value?

Value is derived from supply and demand.

A reliable store of value (SoV) emerges from the respective stabilization of both supply and demand.

Let's compare #Bitcoin #BTC and #Nano🇽 #XNO🇽 from this perspective.

👇

Disclaimer

This is my personal theory on economic value (ToV) derived from studying many other theories, eg Austrian, Keynesian, labor/cost ToV, subjective ToV, behavioral ToV, social capital, gift theory, free market game theory, @saifedean-omics, etc

Feel free to challenge my statements

Supply

Bitcoin has low and decreasing inflation with plans to reach a supply cap in ~120 yrs

The problem with this is that there's no guarantee that it can function with a fixed supply,

or that the planned cap will be upheld (most likely won't)

https://t.co/1on4qSLMaE

Nano has a fully distributed fixed supply that will never debase its users

Its security model has been fixed for nearly 6 years already

Demand is driven by 4 primary factors

The intrinsic value drivers (utility & adoption - objective and relatively easy to measure),

and extrinsic value drivers (social & sentimental - subjective and harder to measure).

Utility (intrinsic)

Bitcoin offers slow and expensive medium of exchange (MoE),

with incentivized centralization (https://t.co/09P7MGGqIV) and reactive decentralized protection against monetary theft, seizure, censorship, and debasement

Nano offers instant and feeless MoE,

with incentivized proactive decentralized protection against monetary theft, seizure, censorship, and debasement https://t.co/kkn4jK19xv

Utilitarian adoption / network effect (intrinsic)
(not holders/traders) - byproduct of utility

Bitcoin doesn't function well as a MoE,

driving MoE "adoption" to centralized and custodial "L2s" that completely negate the utility described above https://t.co/A9tQP69VFO

Nano is still lacking in terms of utilitarian adoption,

but its utility as a MoE with the protections described above should provide ever-increasing adoption

Social value (extrinsic)

Clearly Bitcoin has tremendous social value (eg. hype) at the moment,

but this is unsustainable on its own

DOGE, SHIB, PEPE, etc are great examples of social value that won't sustain without intrinsic value

Similarly to adoption, Nano is still lacking in terms of social value,

but awareness, recognition, and hype around Nano are growing consistently

Sentimental value (extrinsic)

Bitcoin will likely always retain some level of sentimental value, as a relic of the origin of cryptocurrencies

IMO, long-term BTC (at least in its current form) will be little more than an insecure network of sentimental collectibles (both the asset and NFTs)

Nano enthusiasts seem similarly sentimentally attached to the asset

But again, this is hard to measure

Based on these metrics,

which asset would you speculate has a better chance to achieve long-term stabilization of supply and demand,

providing a reliable SoV?

Why?

[me gusta @davidleviet]

@rovercrc of course

[me gusta @davidleviet]

@Zu_Dinh @tiendientunet tụi nó lười nên đổi sang busd hết rồi

[me gusta @davidleviet]

@Startechno @VitalikButerin look at that Piece Of Shit token price :))

[me gusta @davidleviet]

@VitalikButerin when nobel?

[IEARN BOT @IearnBot]

Chinese miners currently have three opinions on Ethereum’s switch to PoS

1. BITMAIN supports ETC
2. Chandler Guo leads the discussion on forking PoW ETH
3. Bixin Wallet expressed support for other PoWs

[Bitcoin Archive @BitcoinArchive]

💥JUST IN: +$82M #Bitcoin short positions liquidated in 24hrs.

[me gusta @davidleviet]

@bitfinex ethereum2.0

[me gusta @davidleviet]

@ChadHaase365 @VLaunchCOM exactly :))

[me gusta @davidleviet]

@VLaunchCOM Who's excited for a Piece Of Shit?

[me gusta @davidleviet]

@MMCrypto Why they pump the price while 2 month later Eth will merge to the Piece Of Shit coin?

[me gusta @davidleviet]

@chander39436512 @cz_binance @TheBullishdude_ Pi = Pieceofshit

[me gusta @davidleviet]

@bitcoinarchive when mt gox give me back my 215 Bitcoin?

[me gusta @davidleviet]

@TimBeiko So when the eth Piece Of Shit success?

[me gusta @davidleviet]

@VitalikButerin @0xstark When #eth proof of shit?

[me gusta @davidleviet]

@NicerInPerson @VitalikButerin @danrobinson because with out Proof Of Work system, eth is just like Piece Of Shjt