Post
Topic
Board Announcements (Altcoins)
Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC!
by
zyzzyvas
on 08/06/2017, 23:20:36 UTC
A question to all uno owners out there that mainly "hold" and not buy & sell (pump and dump?)....

Do you perceive uno to be more of a commodity, that it, a storage of wealth, as opposed to a currency? I'm asking because I was initially attracted to it because of its rarity (low supply) and community (all of you) and now view it as a very secure and stable long term investment. I see other altcoins out there with quantities in the hundreds of millions up to billions (like ripple) and think of them more as "cash" that are more unstable.


Of course that is how i view it. If i need the 'cash' i sell the uno for something more widely accepted, bitcoin, and then bitcoin into fiat if the cash money is needed.

I think Uno is oft overlooked because people can't get enough footing for it to be worth their while. That is in terms of pumps and manipulation. The biggest hurdle to overcome with Uno is distribution but that should work itself out. Looking at it in terms of tons makes sense that if each Uno is a ton, that is a lot! Fractional Uno is going to wind up being the most practical way of dealing with it, down to ounces perhaps? What would the notation of an ounce of Uno be in decimals?

I think whoever made the units of uno metric and representative of kilograms was very creative and innovative. I believe it's another reason uno is viewed as a commodity and storage of long-term wealth.

Isn't 1 uno actually equal to 1 kg of uno? So 0.001 would be a gram and so on.

Since I use the electrum uno wallet, my uno are shown in units of "grams," not kilograms. Since 5 decimal places are represented, the quantity of 0.00001 uno is actually 10 micrograms of uno or 10,000 nanograms. So 6.08523495 uno is really six thousand eighty-five grams and two hundred thirty-four thousand nine hundred fifty micrograms of uno.

If this wallet shows 1000000.00000 uno, you are the proud owner of one million grams, one thousand kilograms, or 1 metric ton (tonne) of uno!