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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: August 26, 2015, 10:12:35 PM
Just saw the other comment re BTC ATMs - as i understand it there is a stampede of BTC companies in to Greece to push PR that they are saving the whole country - none of which is actually getting used as typically the users of this are under 35 and aware of crypto. Not sure how many of you have been to Greece.. but that is a very small part of the population.  I would be very surprised if the bit coin ATMs are used and even if they are there would need to be a way to get Naut on to them.. More to the point how on earth does the average user actually use them???

From what i hear most users are depositing cash to buy Bitcoin.. pretty much like they are on Coinbase. so how does that help greeks, when they actually need to take cash out to buy things like food, petrol, etc.. Given the situation in the country they are not really spending much and cash is therefore limited, especially with capital controls.

All my mates are saying they need a mechanism to trade and at that point it is internal.. more like barter.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: August 26, 2015, 10:02:22 PM
Well - just chucking my tuppence worth in there. New to Crypto, but been following the Drachmae / Greece situation with interest as I believe there is a real opportunity to put something in place that has a chance of being used. I have a lot of Greek friends and the biggest issue there is internal liquidity. Basically people just aren't spending due to the fear and current situation. A lot of people have talked about Bitcoin, but given what has been happening to that in the last few weeks it just proves that that could actually make things worse for users in Greece, given the drop / swings it is going through.

I do think there is a great opportunity and I see Drachmae as being more of a platform for delivery. the big issue with any of this is getting people to use it.. and as I understand it from friends in Greece Agistri is a beautiful island, but they as well as a lot of other places are really suffering from the drop in tourism.. of course there are a lot of places that are still doing well, but this is a huge part of their national and personal income.

so having a TV show could be a really good idea as a way to raise awareness for the project, but in order to make it work it needs to be real. I'm not sure nautilus is a good fit in some ways, because given the swing on it it would also have a negative impact on user acceptance and credibility. Maybe as everyone is saying if it was gold backed, but then perhaps having a new coin would help that so it isn't impacted.

It would be great to see this project succeed as there really needs to be some good projects going on that are not just all about Bitcoin. This one has all the right hallmarks and could be really good if it doesn't implode with all the arguing i'm seeing on here.

Not sure of all the politics. I think there are enough of those everywhere else. Quite frankly I see a lot of people making shit loads of money out of pump and dump type of moves and that really puts a lot of people off of using crypto.. If something can be done to stabilise a currency then it can only be good for adoption. Not necessarily for "investors" but hopefully for "the People" which is what its all supposed to be about right?

What i don't really see is any crypto being used on a day to day basis to trade and use it to remove fraud and corruption - most people seem to be buying bitcoin to hold it for some long term upside.

Could someone tell me what Nautilus is actually used for?
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