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The original was posted on /r/nanocurrency by /u/sparkcrz on 2025-01-30 12:10:35+00:00.
As many of you know I’ve been talking about niche and parallel economies for a while now.
As the original goal of the cypherpunks when creating the concept of a cryptocurrency was to power an international or parallel economy with no government interference, bringing the control over money back to the hands of the people and not a centralized monopoly.
That said, Nano is a great tool for that, even without native built-in privacy.
However we have a few challenges to accomplish those goals and I’d like the community’s opinion on how to tackle those on.
They are:
- Vertical / supply chain acceptance;
- Horizontal / wide community spread on many segments;
- On and Off-ramp volatility cost / risk absorption.
By those I mean:
- We still don’t have a product that people accept Nano from the raw material to the end consumer;
- We still don’t have many different professions and commerce owners participating in the community;
- We still have only a few p2p willing to partner with commerce and accept their influx of Nano (albeit small) for a fixed price, thus ignoring exchange volatility.
These points are all important to make real adoption a thing.
So, how would you go about to solve each one?