User Controls
Stellar (XLM) ((Not tbc with §m£ÂgØL's retarded XRP))
-
2019-12-28 at 10:07 PM UTCVery interesting crytptocurrency here. I got 10 dollars worth by watching 10 minutes worth of videos on coinbase and I also a while ago got like 50 bucks for free just for having a blockchain wallet.
Anyway, Stellar is a nonprofit coin primarily for the purpose of being used to streamline all currencies including fiat.
To send USD to your grandma in Pakistan you'll need to convert USD to PAKI dollars and you can do this by wiring money and being charged like 10 bucks and 3% and having to wait a couple business days or at minimum like 1 day in order to get it there, and exchanging of currencies is necessary no matter what by only suboptimal and inconvenient mechanisms. There is no commonly used cheap option I am aware of.
Stellar basically converts your USD into XLM tokens and then converts the XLM into PAKI dollars all in about 2-5 seconds for a 10,000th of a penny. It claims to be able to do this with any currency, including between other cryptos.
If true, this will be revolutionary.
XLM itself varies in price like other coins so it's not a sensible investment in and of itself. It's so fast, cheap, and light on energy because the system and nodes run via cooperation/agreement instead of competition like bitcoin miners. The currency cannot be forked (split) like bitcoin due to the required cooperation system; in other words the nodes cannot disagree with each other (forever). -
2019-12-29 at 12:24 AM UTC
-
2019-12-29 at 12:25 AM UTCI got that 10 dollars too but I cashed it immediately and spent it on more useful things
-
2019-12-29 at 4:08 AM UTC
Originally posted by Cheyes Very interesting crytptocurrency here. I got 10 dollars worth by watching 10 minutes worth of videos on coinbase and I also a while ago got like 50 bucks for free just for having a blockchain wallet.
Anyway, Stellar is a nonprofit coin primarily for the purpose of being used to streamline all currencies including fiat.
To send USD to your grandma in Pakistan you'll need to convert USD to PAKI dollars and you can do this by wiring money and being charged like 10 bucks and 3% and having to wait a couple business days or at minimum like 1 day in order to get it there, and exchanging of currencies is necessary no matter what by only suboptimal and inconvenient mechanisms. There is no commonly used cheap option I am aware of.
Stellar basically converts your USD into XLM tokens and then converts the XLM into PAKI dollars all in about 2-5 seconds for a 10,000th of a penny. It claims to be able to do this with any currency, including between other cryptos.
If true, this will be revolutionary.
XLM itself varies in price like other coins so it's not a sensible investment in and of itself. It's so fast, cheap, and light on energy because the system and nodes run via cooperation/agreement instead of competition like bitcoin miners. The currency cannot be forked (split) like bitcoin due to the required cooperation system; in other words the nodes cannot disagree with each other (forever).
this is retarded.
who in pakistan will exchange your bits and bytes with real paper ?
