IP2

joined 1 year ago
[–] IP2@monero.town 4 points 11 months ago* (last edited 11 months ago)

We used to have that for a while, a few years back, and it was great. They dropped it though shortly after because aBuSe. They thought we wouldn't abuse it for some reason.

It was supposed to be a one time code for YOU to withdraw withoud having to bring a card BTW, not other people.

[–] IP2@monero.town 5 points 11 months ago (1 children)

It sounded interesting to me too (initially) don't get me wrong. It can supposedly be melted, it can also get damaged pretty easily and most importantly, there is no way of verifying I'm buying what is being advertised.

The FAQ is all marketing and nothing of value, have a look. The "can it be faked" part gives it all away. There's nothing to do with gold, you trust the company and their "patented technology".

More options are always better, this is not one.

[–] IP2@monero.town 4 points 11 months ago (4 children)

It feels more like a scam than an innovative form of money. I'm not sold on the intrinsic value of a few snowflakes of gold, assuming they are there in the first place.

I've been keeping an eye since the beginning and I can't say I've seen interest growing. Other than the occasional 5 dolar novelty gift, you have to wonder what's wrong with coins? They are easy to verify and way more durable. What is the innovation here? The need to trust an issuer?

[–] IP2@monero.town 2 points 11 months ago
[–] IP2@monero.town 2 points 1 year ago

No issue, I was just curious. Keep it up!

[–] IP2@monero.town 1 points 1 year ago

I get that, I was just making sure I wasn't missing anything

[–] IP2@monero.town 2 points 1 year ago (4 children)

This is super cool and everything but... why?

[–] IP2@monero.town 8 points 1 year ago (1 children)

The short answer is you can't. Hold small amounts so fluctuations don't bother you that much. USDT (any stablecoin for that matter) is only stable until it isn't.

[–] IP2@monero.town 1 points 1 year ago* (last edited 1 year ago) (1 children)

I get that. What I don't get is how these would help centralize power given they mine at the same efficiency (at best) as everything else.

[–] IP2@monero.town 1 points 1 year ago

You're absolutely right. I'm just saying give it another week or so, near release things can get out of hand quickly. And post back whatever the outcome, I'm sure I wasn't the only one thinking of pre-ordering before reading your post.

[–] IP2@monero.town 1 points 1 year ago (2 children)

Last I checked everything was in pre-order, you weren't supposed to receive anything yet from what I understand. Maybe the expiration message was an automation glitch or something?

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