This is not meant to be a FUD post. Personally I think that Nano in the long term has amazing potential. It does one thing (digital currency) incredibly well and nothing at the moment comes close in terms of performance for that use case. It also solves major real world problems in terms of lack of bank access or payment processor access, and cross border settlement (seconds vs days in traditional banking). This is absolutely revolutionary.
Despite this, if I was a company looking to integrate nano (and therefore looking to invest in a sizeable nano float) I would be worried about the potential short term shocks from black swans in the crypto ecosystem (Tether collapse being a good potential example). None of these problems are the fault of Nano (and to be honest as soon as there is a black swan type event I will be loading up on it as it is the one coin I see that works now!) but is this not a risk to the overall reputation of the currency in the short term, if we are asking FX and Flow to buy into this ecosystem? Especially given how much Nano moves in tandem with wider market moves driven by Bitcoin?
Be interested to know people's thoughts, especially as the foundation seems to be aware of the wider problems in the crypto space and are prioritizing long term growth?
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