What's lacking are three things:
1) The ability to convert fiat currency directly into NAUT.
2) The ability to buy and sell real things at real shops/places people actually use.
3) The ability for regular non-computer literate people to seamlessly acquire NAUT.
The solution to 1) is simple: Abolish all money laundering regulations - they don't work and only hinder regular people, stifle growth and create unmanageable red tape for small businesses. Large drug cartels like the CIA and other criminal enterprises simply pay off big banks like Goldman Sachs to launder their money for them and use various fake companies in shady countries to help. Reform of these stupid laws is vital. The way to do this would be to get politicians to consider the interests of real people and small businesses rather than the large criminal enterprises/big business etc. that bribe them.
The solution to 2) is to get more retailers on board. The solution to 3) is actually also the same - use those retailers to exchange NAUT.
Unfortunately, although these solutions are simple, - they are not easy to put into practice:)
what are you doing about all of this stuff, just spouting out stuff like this is worthless, how bout you contribute some innovative ideas to move forward with nautiluscoin.
Not complain about things that are clearly wrong and wont be changed anytime soon law wise.
Incentivising new everyday people from the real world to embrace crypto should be higher on ur agenda than repeating what you have heard others say.
Im reposting something i posted earlier so it doesn't get lost in the shit
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a good idea is to have a secure web wallet(smart phone friendly as this is the going trend) the does Staking for you and pitch it to people as a crypto savings account / service with interest.
also on top of that you could have a fiat to nautilus option, so instead of going from fiat to btc to naut at an exchange which is really hard for most people that are not in the crypto space. You could open a account (for free of course) and choose a way to fund ur account be it btc, bank transfer, credit card, paypal or what ever is easiest to implement. (im sure BK could pull this off with brain kelly capital)
then u have a savings account gaining interest, which is something a lot of people are use to.
also you could have investment options inside the web wallet, more speculative stuff with a greater chance at returns like providing liquidity for option style trades that grant a higher return on what ever portion you allocate inside the wallet.
options will allow people to lock a sell price at a particular date and speculators will have the chance to do wat they love, speculate with a higher liquid market provided by the liquidity from the web wallets.
POS Multipool could be an option for investment as well.
