I’ve opened a position in $NANO and here’s why — it’s:

— fee-less (that’s right, 100% free)
— eco-friendly (one bitcoin transaction is equal to 6,000,000 Nano transactions)
— instant (Nano = 0.2s, Bitcoin = 30-60 minutes)
— limited (133m coins)
The biggest threat to #bitcoin https://abs.twimg.com/hashflags... draggable="false" alt=""> is not governments outlawing it but harder money (like Nano) coming along and threatening its market dominance as the most superior store of value. While bitcoin may be suited for first-world countries, it’s not very suited to third-world countries.
Nano will thrive in third-world counties where inflation is high due to its limited supply and fee-less transactions. Bitcoin’s transaction fee is around $30, making it unfeasible as a currency, particularly in third-world countries.
Nano solves every problem that bitcoin faces, especially with it being eco-friendly, and that’s why I’m willing to take a — albeit small — chance on Nano. This is a high-risk, high-reward play at under $1bn market cap.
$NANO approaches the theoretical limit of the perfect hard money. It is the ultimate store of value, fee-less and eco-friendly.

History shows us that it is impossible to insulate yourself from the consequences of others holding money that’s harder than yours.
You can follow @finance_josh.
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