There are apps to send money instantly barely any fee if any, why nano?
What went wrong?
traceable public transactions duh
So NANO is just technology that works better, without miners, is faster, feeless and scalable.
Sure. No reason for NANO to exist.
no-one cares about crypto "currencies" traditional banks work well enough unless you're a nigger from Africa
It will always be the standard at least for 5 years, I measure my savings with in btc..don't you?
no smart contracts, which is the literal only use for crypto in the 21st century.
nano also confirms instantly which is important for in person transactions at restaurants and coffee shops... nano nodes are cheap and can be free when using desktop wallet. they are also under $3 a month which businesses wil gladly accept rather than paying a 5% merchant fee for using AMEX... whoever said it costs couple hundred $ a month to run a node is a fucking faggot dick sucker who probably gets paid in BTC while sucking old men's cocks.
Coffee shops accept credit cards..
Nodes are $3 right now. But Nano transactions are 400 bytes, Bitcoin Cash transactions are also 400 bytes. They scale in the exact same way. Nano nodes will cost hundreds per month if it gets a few hundred tx/sec.
To continue my other reply, the problem here is that mining nodes have income to pay for their node. Nano nodes have no income. See the problem? Bitcoin Cash and Nano scale at the same rate, yet Bitcoin Cash nodes pay for themselves while Nano nodes are pure cost to the operator. Which do you think will survive the costs of scaling?
Being this retarded
Credit cards charge businesses %3-5 and the payment can come as late as 3 months.
wrong. nano nodes don't require storing the entire blockchain as balances are stored in the protocol
not everyone has to run a FULL node. theres a clear difference. you can run a node on desktop wallet which takes up 2% of your CPU. most merchants who generate thousands of $ in revenue can survive the cost of running a $3 node. in hindsight, yes you cant expect every nano user to run a full node its statistically impossible. does that mean the network will die? no it doesnt. look at torrent sites like piratebay. they are still running for over 10 years with thousands of seeders. there are 10k seeders who get paid nothnig and still support their torrents with 100k leechers. even with 10% support is more than ample to keep the network functioning. quit over exaggerating dude