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 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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