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Bannedhammr
Feb 16, 2020 8:43 PM

Utility Tokens Pt. 1- XTZ The Killer App  Long

Tezos / U. S. DollarKraken

Description

The killer app is here.
Staking. Staking is a phenomenon I believe will transform this market into something unrecognizable. I'm sure ya'll watch real vision on youtube and know that Wall Street is searching for gains. Tezos ran up because it is not being bought and sold as a typical asset. Investors are staking on Coinbase and aren't concerned about ever selling. They will see the appreciation of their portfolio not buying low and selling high but through the interest generated through staking.

The new savings account.
Over 5% interest with 0% risk on coinbase. How long until the normies are busting down the door to get in on that crispy 5%? How long until hedge fund managers start allocating?

Store of value
. Currently at close to 0 already the risk reward on this asset must be amazing. Guaranteed 5% appreciation YOY.

Crypto dividends.
I am not sure where the selling pressure will ever come from save for early investors risk-offing. Savvy investors will re-invest the 5% every time.

Institutional backing.
Coinabase staking takes the fud out of baking.

Say goodbye to boomers 401k
Zoomers ain't buying 2000$ amazon or 900$ tesla lol. Generation X watched their parents 401K devalued so much in 2008 retirements were pushed back a decade. In that decade they were too broke to buy back into the market and Joe public didn't get rich in stocks the last 12 years.
A decentralized community pool where new participants drive the price upwards and everyone takes 5% off the top? Just show the Millennial's were to download the app.

Show me the downside
I am getting very bullish thinking about this. l first used BTC in 2011 on silk road. That use case propelled it to the point it became a investment tool. But there is the problem of storing value in bitcoin for most people. They say it's volatility but that's not it. It's a little to complicated and being a store of value is someones opinion and still up for debate. Your not storing value in something you don't understand.

Use Case Included
Just as XRP was designed with payments involved XTZ appears to do the same with investing. The use case is making money. That's what we are all here for and XTZ can make you money in down market. You essentially have a 5% buffer to market moves.


Compounding Crypto
Interest paid out in crypto? The compounding effect YOY that will have is making my brain hurt. Despite the price of the market you are always increasing your position 5% yearly. That is extremely powerful. Currently the best yielding dividends are paying around 3.8%.







I don't do signal scams but if you want to send me some coin my wallets always open. I'm not on telegram though not sure where you will write to me...
Comments
ipa22
I like the way you think my friend.
Bannedhammr
@ipa22, Well I like that you like it . Thanks for stopping by.
Tiger_Style
Nice post, could not agree with you more!
Bannedhammr
@Tiger_Style, Great minds think alike!
MitchMilli
Quality post and experienced perspective. Thanks!
Bannedhammr
@MitchMilli, thanks I appreciate that
bruce19
Make's plenty scene to me. Thanks for the info!!
Bannedhammr
@bruce19, I’m glad you got something out of it.
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