I’ve been wondering what’s happening in the crypto market lately. Over the past few weeks we’ve seen a small spike in Storj. To jump 45 %, there must be whales buying the token, or could it be an event driven by Inveniam ? [1000046670] [1000046671] However, looking at the longer term, it seem…

I believe stablecoins have different rules in different countries. Not like the other tokens. So maybe they require more paperwork and approvels.

I can’t, I’m not a lawyer, especially in the US. It’s just common sense. Another example is how Storj migrated from SJCX to STORJ. As far as I understand, you can’t just abandon already issued tokens; there are rules and requirements (which I’m not aware of). I don’t know about your country, but is…

You’re absolutely right. Many jurisdictions have much stricter attitudes toward them, and in Europe, they’re practically illegal.

The discussions here, even though they aren’t followed by a change, are usefull just to get the whole picture why is this and not that, explore solutions and calm the spirits. Many of us SNO are not so expirienced in running a business that pays parteners in crypto across the entire world, we only s…

Yes, I was in those shoes too. Until I was lucky enough to start my own business. Then I discovered many surprising (and painful) truths.

In EU we can use USDC and EURC, and maybe oyhers. I know USDT is forbidden. For stablecoin payouts I’m thinking at one more variant, that dosen’t take into account clients participation. Offer SNOs the stablecoin payout as an opt-in option, along with the current token, but with some drawbacks: 5…

[image] snorkel: If there is no serious adoption of the stablecoin payout in a year, then we can ditch it and settle this debate forever. Hmmm… you’re making me consider lots of options… If Storj reaches profitability this year (so they can afford to consider alternatives where they don’t ha…

If I were Storj, and the current payout system was failing or causing losses, I’d likely choose a payment provider rather than handle stablecoins myself, especially considering I’m unfamiliar with the laws of the countries where my contractors operate. Especially considering they operate in 124 coun…

Yeah, I’m so thankful the current system has worked so well for so long. And every month more and more nodes come online chasing STORJ payouts! :money_mouth_face: Don’t consider changes until a) the company is in-the-black and b) 100% of payout coins have to be bought-from-market (and the treasury i…

I just send out ideeas for when the time comes, if ever, to not forget them. Thinking about stables, it seems they are under more gov scrutiny than common tokens, and they “benefit” of more regulations than others. Central banks put pressure on govs to knock them more often even than the big coins…

Storj Community Forum (official)

Automating the Sale of STORJ – Is It Worth It?

Node Operators

storj-token

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