I think the trades have to be done with trackable crypto curency for the nft thing to work.
That may be how Totem have set it up - but it is not how others have used NFTs to establish ownership of a digital item (e.g. the first tweet). Both the NFT protected item and the crypto currency can be based on a block chain, but they do not have to be the same block chain nor is it neccessary that a cryto currency be invovled at all for the purchase of an NFT based item. Totem appear to have decided to do so and to have linked the two, this is reasonable but I do not know why they have made that decision.
So does the DOLZ release change anything for us peasants who don't want to participate?
Anybody able to calculate the exchange rate of stable currency to ethereum to dolz to nft to figure out how much a card will cost in the presale? Just curious.
Anybody able to calculate the exchange rate of stable currency to ethereum to dolz to nft to figure out how much a card will cost in the presale? Just curious.
While dolz and eth appear to be intercangeable (unless you cant turn dolz into eth) it looks like you can't turn babydolz into dolz so you can never cash out. So you would hope that you can sell the nft for dolz rather than babydolz.
I thought this might be fun but holy ***** what a nightmare! Would have been much better if we could just buy DOLZ tokens straight up without all the crypto BS. Really feels more and more like totem wants to drive me away.
.... the whole point is to circumvent the traditional banking institutions since Mastercard and Visa are more and more obstructing the adult industry.Could be. And yet without the adult industry these banks would be a whole lot poorer.
I fully expect them to double down on this like they did with the special event cards and premium.
@wrightsaywowIn America some very influential/wealthy people lost a lot a ton on the ftx scam...banks in America at least were considering a move to crypto and ftx was everywhere because people fell for the quick money/protects money lie...regulation will at expose what crypto actually is... much like the credit swaps from 2008 people have to get screwed so we look deeper in our economic creations.
In today`s Daily Mail
No idea of the actual figures but
The Nationwide BS has become the latest bank/building society to step up precautions around crypto currencies.
The building society said customers would now have a daily limit imposed on their account, dictating how much of their money they could hand over to crypto currency providers.
A spokesman for the group said the measures were to "protect our members from crypto currency scams". (Totem and moderators please note his words not mine)
Nationwide`s move follows similar measures bought in by Santander, TSB, ***** Money and Starling Bank.
Starling told customers on Tuesday that it was preventing all card payments to crypto exchanges and was restricting any outgoing and incoming bank transfers involving such businesses.
So, it might reach the point shortly where we cannot even buy credits for istripper.
I thought this might be fun but holy ***** what a nightmare! Would have been much better if we could just buy DOLZ tokens straight up without all the crypto BS. Really feels more and more like totem wants to drive me away.Yeh, marketing 101. Do not make your customers jump through unnecessary hoops to buy your product.
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