Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
Thingamajig
on 28/01/2014, 11:00:48 UTC
Just out of curiosity guys, but are there any plans to have exchanges trade FIAT directly for NXT?


This I feel is really necessary to get NXT to stand on it's own two feet and make the market more accessible to the average joe. A big part of me really feels that as long as this never happens, it's going to be much harder for NXT to provide any real competition to BTC and/or any other altcoin in existence right now. If NXT was one of the first to adopt this sort of thing, I think it would be potentially huge for this rising currency.

I'm not saying to get rid of any BTC>NXT transactions, just saying that as BTC is valued on FIAT, so should NXT should it wish to stand on it's own stage - instead of being valued directly towards BTC.

TLDR;

My view is, as long as coins are bought or traded with BTC, BTC will always be dominant. It just seems entirely counter-productive to the whole "Second gen" theme.