this post was submitted on 16 Aug 2024
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Nano Currency

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Join the conversation on nano, an eco-friendly currency with ultrafast transactions and zero fees over a secure, decentralised network.

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The original was posted on /r/nanocurrency by /u/NanoWatchman on 2024-08-15 21:53:26+00:00.


August 15, 1971, the US dollar was taken off of the gold standard. Other currencies were fixed to the US dollar were also delinked.

Back then 1 ounce of gold was pegged to $35 US dollars.

Today, as of this writing, 1 ounce of gold is basically $2,500 US dollars.

This means your fiat money has lost 99% of its value in 53 years relative to gold. Gold also has an increasing supply.

Let us enter a new era to let Nano serve as the pure digital hardmoney standard of the world. No increase in supply forever means we have a true benchmark. We only need to adopt it as our money standard. The Nano Standard.

Today, as of this writing, 1 full unit of Nano is $0.86 US dollars.

Let us see where Nano is in the years to come.

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