5 reasons why every crypto investor should be holding Stellar Lumens

in #stellar7 years ago (edited)

Here are 5 quick reasons why every crypto holder should be holding Stellar Lumens.

  1. Stellar Lumens is officially partnered with IBM. IBM is a major force in the tech industry. They're not only known for their computers, but also for their major role in ATM machines and Point-of-Sale terminals. IBM has pretty much gone all-in on Blockchain technology, which can be seen in their numerous commercials, advertisements, and products offerings. IBM has also already started showcasing their international payment system, which reduces payment costs dramatically, allowing for a more open and fair global trade system. You can see there network live on Stellar's official Lumens dashboard: https://dashboard.stellar.org/

  2. Earn more coins simply by holding. Holders of Stellar Lumens may stake their claim of the inflation pool, which awards holders with free coins every Monday. The free coins are a percentage of holdings. https://www.stellar.org/developers/guides/concepts/inflation.html

  3. FairX.io - For those that don't know, FairX.io is a platform that is enabling users with the ability to purchase alt coins directly using fiat. This means that users will no long have to join Coinbase, then buy Bitcoin/Ethereum/LiteCoin/BCash, then transfer to an exchange just to trade for the alt coin of their choice. Users will be able to simply goto FairX.io and buy the alt coin they desire; eliminating a few unnecessary steps. FairX.io is now entering beta testing, and the founders have already stated that their system relies on XLM (Lumens). Like IBM, you can see FairX.io's network live on Stellar's official Lumens dashboard: https://dashboard.stellar.org/

  4. Partnerships galore:
    SatoshiPay – a service that helps on monetizing a website through digital assets.
    EXCH.ONE – a Swiss company that envisions to cross digital assets and fiat currencies that wishes to include on the Stellar network several currencies both on the European Union and outside of it (UK and South/Central America).
    Klick-Ex – the renowned cross-border payment service that has a strong presence in Europe and the Pacific.
    Mobius – a company that will help them make the bridge towards mobile devices and the ability of deploying a smart contract with data for non-blockchain developers. Jed McCaleb, Stellar co-founder, is part of this institution.
    HashCash – a service that intends to create solutions for financial entities such as banks through Stellar’s network.
    https://oracletimes.com/why-stellar-xlm-will-reach-1-usd-sooner-than-you-think/

  5. Stellar's focus on compliancy. Straight from the horses mouth, "As mainstream investment funds and retail investors start to enter the cryptocurrency industry, compliant organizations will likely be the ones to grab the most market share. Compliant organizations are the most likely to deliver easily accessible, stable, and secure services and products. Compliance processes ensuring consumer protection, investor protection, and anti-money-laundering will help distributed ledger technology and tokenization achieve sustainable mainstream adoption."
    https://www.stellar.org/blog/regulatory-strategy-for-tokenization-and-ico/

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Thanks for the advice, I actually have an open sell order that I might cancel after reading this.

centralized coin i will avoid

What is your definition of centralized? Anyone can host a validator node on their own. https://www.stellar.org/how-it-works/stellar-basics/

Edit: https://www.stellar.org/how-it-works/stellar-basics/explainers/#Decentralized_network
That's a better link.

controlled by company. Owner is a company and they own more than 50%.

I see. Which coins do you not avoid?

btc, eth ,ltc, bch, monero, dogecoin and so on.

lol. I can't tell if you're being sarcastic now.

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