$NANO is a digital currency that solves the inefficiencies of today’s money. Here are 10 reasons why it is better to use Nano instead of the Dollar (or any other fiat currency)
1. Instant
Transactions between banks usually take hours to days to complete. Especially if it's between foreign currencies. With $NANO you can transfer anytime and from anywhere in a few seconds over the internet. Even if you're from the USA to Japan.
2. No Fees
To transfer money it is always necessary to pay a fee. Especially for international transactions. But no more. Because using $NANO no matter how much is being sent no amount is discounted. If you sent 57 cents to someone it will arrive exactly 57 cents.
3. Fractionable
While we currently use no more than 2 decimal places, sometimes 4 at gas stations. With $NANO we can split it up to 30 decimal places. This makes it possible to send minimal amounts, and be more accurate in prices, without having to round.
4. Easy to Use
To store, receive or send $NANOs is easier than sending a message on Whatsapp. Everything can be done through a wallet application which as it is a decentralized project. There are several options for various platforms. For Android and iOS, the most used is Natrium and for desktop or web NanoVault is highly recommended by the community. There is even integration for hardware wallet like LEDGER Nano which are offline wallets.
5. Without Banks
Creating a bank account is very bureaucratic and inaccessible for many people. In addition to using our money to borrow more than they have and thus earn through interest. $NANO removes the barrier of entry to the financial system and allows anyone to be their bank. Just generate an address and as long as the password that accesses it is well kept. No one but you can change your funds.
6. Safe
You do not need to save the money but the password that access is saved. That way no matter what device you're using. Because having the password you can generate several addresses and move the funds that are in them. Everything will be saved on the network from the movements to how much each address has. But don't worry because nobody knows who own an address and their privacy is guaranteed.
7. Trustworthy
Our traditional banking financial system lacks transparency. We don't know how much money is in circulation or how many new ones are being created. The Nano Protocol is completely open and can be audited by anyone for a transaction to be confirmed. It is necessary to go through the consensus of the various active computers on the network that have a copy of the book containing the balance sheet of each account and thus checking whether a transaction is valid.
8. Decentralized
The money we use today is issued by some country. Since $NANO is a decentralized protocol that is there is no owner institution or company behind it. It is like language where those who know how to speak can send and receive via the internet amounts that will be registered on several computers participating in the network and how much each wallet has.
9. Scarce
To save money inflation must be fought as it reduces purchasing power due to injection of new money into the economy. Especially in times of crisis. $NANO goes through the opposite effect deflation as there are and always will be 133.248.290 $NANO units. Therefore by leaving your money at rest you increase your purchasing power over time. If everything in nature is scarce from raw minerals to products, why shouldn't our money be?
10. Green
Keeping the current financial system active is extremely costly. Think of how many resouces such as energy, water and people are needed to suport servers, agencies, buildings. Meanwhile a single wind turbine is capable of generating enough energy to support the entire grid.
$NANO is a highly efficient, democratic and easy to integrate currency, which makes it ideal for daily use around the world. But its adoption is voluntary, as there is no forced travel law as fiat currencies have, so learn more about the project and use it.
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