Tech is moving towards blockchain agnostic payment solutions to get rid of these ridiculous pure currency coins

mass adaption for online currencies will only come if normies can use it, and no normie uses obscure smart contract compatible virtual currencies intended for tracking chocolate on the blockchain, they'll want to buy one currency (easier to grasp, they've already heard of buttcoins after all) and use that

>when crypto is evolving to get rid of them
what you're talking about is speculating neckbeards on the internet becoming less interested in pure currencies, yet pure currencies are still more valuable than they were years ago
the average person will never invest large amounts of money into different virtual curencies with hundreds of potential use cases, they'll want a pure currency that is easy to use

and even if you could pay using "anything you want" why wouldnt you choose the instantaneous option with zero transfer fees?

See Why the fuck would someone list every single popular currency crypto as a payment alternative on their website when they have the option to just list one single button that accepts every single crypto?

That's what I'm asking. Obviously online stores would like to reach as many potential customers as possible, and avoid the volatility of certain coins. So they'd be able to receive fucking Tether if that's what they wanted.

What the fuck are you talking about? You're not addressing any of my points either.

See

REQ is ok. But there is no point in using it if we have feeless and instant solution that is appealing for normies. Once NANO caches on, everybody will want to use it.
Right now what is happening with NANO is strikingly similar to what happened with Bitcoin a few years ago.

With the addition of twitch donations and and massive NANO community you can be sure that it will become popular.
vimeo.com/257301719

And before someone says "b-b-b-but normies aren't online stores". They'd be able to use the very same system.

>John owes Pajeet $20
>John has XMR
>But Pajeet wants LTC
>John sends Pajeet $20 worth of XMR
>Pajeet receives $20 worth of LTC

That solution is so obvious that i figured it out myself and im a simple man. I called it interchangeable for i am not a native speaker and it has to do with in time you wont have to cash out for alts are as good as cash. Well my picks will be anyway.

REQ has estimated their fees to be, what, 0.00015%?

Why on earth would that stand in the way of the convenience and advantages describes above?

And inb4 someone shits on REQ. If they fail, someone else will step in. Or someone might even step in before them. 0x and Kyber is already in place.

This makes sense. Crypto is getting to be very fractured already. if it's going to be currency, you need both parties to be able to accept it and use it. You don't want someone to pay you $100 worth of shitty AssCoin that there is no demand for. Can't all this be done through some transfer app? It does the exchange for a small fee.

>Can't all this be done through some transfer app?

Shapeshift already exists, but it isn't an automatic payment system and the fees are high. But the tech available to automize it and launch it on websites exists. It's just a matter of time, and that's why I'm wondering why people are so ecstatic over currency coins, no matter how fast or scalable they are.

REQ, OMG, 0x, and Kyber are all ERC20 tokens and are limited by ETH capabilities. So your claim that people can replace nano by them is absurd. Nano already has a working technology and is already changing the world as we see it. So your claim is preposterous.

Oh, and for personal use it'd be through an app, for sure.

Whether the wallet(s) on the app is centralized or decentralized remains to be seen. I'm sure the debate will be huge around that once the first system launches.

Retarded post. Retailers won't "accept crypto" any time soon, if crypto payment apps become a thing they'll be used to pay crypto-to-fiat. It causes no difference to how widely one particular crypto is adopted by holders/users

>if crypto payment apps become a thing they'll be used to pay crypto-to-fiat

Again, while I'm not shilling REQ, that is part of their roadmap. Although I believe Coinbase or other exchanges will launch that feature way ahead of REQ.

My point remains. Currency agnostic payment solutions, whether crypto-crypto or crypto-fiat, will make pure currency cryptos obsolete.

>vimeo.com/257301719
that video basically illustrates that NANO is actually being mass adopted by people. Twitch is a HUGE platform and its going to catch on really quickly through word of mouth. Fiat pairings will come soon as the Nano team has cooperation with coinbase and are probably negotiating with a few other exchanges.. marketing campaign hasn't even started yet because the community has been marketing for them

>Sending few bucks to unknown vidya streamers on the internet with combined viewership of 500
> "mass adopted"

Nano is not being adopted by twitch, it is being adopted by 1upcoin. You nannie shills are unironically the worst bunch on the board, at least with bitconnect the scam was obvious. You cannot keep your shitcoin in an eternal p'n'd cycle. You will die out this year.

Twitch Streamer "Ninja" working on enabling NANO. He averages 50k+ viewers while streaming.

>holding nano
>expect to see people rip OPs logic to shreds
>everyone tiptoes around what he says and dodges the core argument

starting to feel a little uneasy now

Why would they make them obsolete? People can still buy and trade them between themselves just like now. How would being able to pay with them and other crypto to fiat buyers change the situation? The transaction times and other things are still gonna exist outside of the retail payments thing just like they do now

Lol there still is no other option with as fast transactions or low fees as Nano.

Saying that we can use a service "where people can choose what coin they pay in" does not remove the technical superiority of Nano. The transactions will still have fees and delay, which Nano removes.

See >Sure, a lot of customers might pay with Nano because it's fast, but Nano and every currency coin still has the ground beneath them shaken, as every crypto becomes a viable alternative.

If I'm holding an ERC20 shitcoin, and I wish to buy something online, I'm not going to Binance to convert that shitcoin to Nano, so that I have to wait 30 seconds less for my purchase to go through.

A centralized (albeit it would be heavily contested) solution would allow for instant internal transactions as well with any coin, no matter its usual transaction speeds, given the impossibility of double spending.

Because I can accept a transfer of the equivalent to 50 cents, if I wanted to, without getting raped in the ass with fees or transfer times.

Been holding nano since december and I agree with you, it probably has no long term future. But in the short-mid term there are big gains to be gained.

Yes, I won't argue that it is currently the best solution until a currency agnostic option is on the table. Short term it's gold, but long term I believe it'll be obsolete.

I'm with you, OP. Currency coins WILL eventually die out, no matter how good their technology, simply due to their volatility. It is only when we see true fiat-tied cryptos or a Request-esque network, that we'll see true adoption for payments.

because receiving that Bitcoin will STILL cost you money

paying with that Ethereum with STILL cost you money

you are heavily incentivized to:

1. Hold a coin that has no inflation (Bitcoin gives away millions of dollars of value to miners)
2. Use a coin that has the lowest fees

it's a very simple value proposition

all in

are you retarded?

If people want to pay in any currency they want to be converted to the currency of the vendor's choice, why would they pick a currency they may take hours to process or require a significant fee to jump the queue?

this is the argument for Nano becoming the crypto of choice for merchants and customers.

If you want to FUD Nano, you are better off FUDDing the tenuous case of its current scalability.

You are clearly clueless about cryptocurrency.

Why would merchants want to accept any volatile crypto?

Cryptocurrencies like any kind of FIAT will stabalise with adoption where there are more commodity/goods/services that create a value peg.

With mass merchant adoption, cryptos will be less volatile than FIAT controlled by governments that mass print money.

because they would convert it to their local currency through a payment processor

>calls someone else clueless
>doesn't know that DEX's are being developed left and right
>DEX's can easily be connected to some shitty payment app
>currency swaps are instantly made on the DEX, rather than being sent

Oh shit, did that just destroy the whole point of Nano?

this would still require confirmations on the blockchain which can take significant time and/or cost significant money. This is not a problem with NANO.

Do you think the miners/stakers will waive all payment processors through Kyber and 0x?

strong brainlet

And this is what REQ wants to do. Kyber is an ERC20 DEX. There are several DEX's being developed that supports everything rather than just ERC20.

Think of it like a payment app connected to Binance. You send something from your wallet and it automatically and instantly exchanges that on Binance for something else that the receiver wants. Except it's decentralized, so you control the private keys.

You are Ragnar Normand, you will not be holding an ERC20 shitcoin. You will have heard of a coin with no fees that is fast as hell and a great team of talented developers have created the #1 free app in the app store where you can buy Nano with a single tap.

Even if it's an aggregated solution, you will chose to use Nano instead of some random coin developed by Russian neckbeards with only a crappy desktop client or available on an obscure Asian exchange.

Aaaand I sold. at least i was able to 2x my money.

>I sold my holdings because of a Veeky Forums post
Never gonna make it brah

This will hit a new ATH within 1 or 2 months, thats the earliest you should sell

why are you so sure?
also clif said the same, 1 month

>Except Bitcorn for obvious reasons.
you just blew your own argument out of the water

And what will make it obsolete exactly? A mystery currency that doesn't exist yet, I bet?
Then yes, all current cryptos will be obsolete in 100 years, but that's kind of a useless argument.

>sold because OP brings up a serious potential issue and not a single holder manages to refute the main point, but only nibbles at meaningless details

I'm in nano for the short-term gains. Anyone who unironically believes that one single crypto will be the standard payment option needs to be shot in the head. What OP says is like 1 out of 20 different things that could and will make sure the "cryptocurrency" coins slowly die out. But until then I'm riding this train and taking free money from plebbit.

Did you even read his posts? Built-in and instant shapeshifting would allow you to pay instantly with any supported crypto. Which makes every single supported crypto just as good as the "cryptocurrency" coins.

And I wish most nano holders weren't so fucking delusional. But i guess that might be because most of you are from plebbit.

Shit, even the stinky linkies admit that LINK will most likely become obsolete a few years down the line. They see the writing on the wall, but know that they can profit for a couple of years.

Same thing with nano. It's the best option for a while, but to ignore that there are a fuckton of solistkonsert currently in development that is eventually going to replace nano is delusion at its best.

>
>Built-in and instant shapeshifting would allow you to pay instantly with any supported crypto.
In which imaginary future will all crypto be instant and free?

>And I wish most nano holders weren't so fucking delusional.
I somewhat agree but I doubt the future of crypto in general and arguments against Nano are valid for 99 of top 100 coins.

>Shit, even the stinky linkies admit that LINK will most likely become obsolete a few years down the line.

No, we don't.