Token free fall

[boelle]

i know… i tried and there are a hell of a lot config options etc to get your head arround

what i was thinking of was something that was easy to setup and run….

maybe a good project at these dark winter months

hmmm

[arrogantrabbit]

@Roxor

The closest I think we get are those SNOs that share enough used-space: that with the regular bonus (and maybe L2 too) they cover their own S3 use. So are kinda sorta donating their unused local space to get “free” Cloud Storage. Clever!

You are describing barter. We as a society invented money specially to avoid this nonsense.

Similar conceptually service existed in the past — Wuala — and failed spectacularly.

People don’t want barter. People want to pay for the service with money and receive money for providing the service, without entangling the two.

@boelle

then all these problems would go bye bye

You will swap one minor problem you are aware of for a host of other more serious issues you don’t think about now and take for granted.

[Alexey]

@arrogantrabbit

You can remove two first steps and associated fees by receiving at the exchange directly.

@Momi_V

You can change your nodes target address at literally any point. You clearly trust the exchange enough to send your swapped eth to them to sell and withdraw.

@arrogantrabbit

Let storj send to exchange and pay fee, why do you insist on paying another fee yourself? What’s different?

They are from EU, so they cannot because of

Getting payed to Kraken address with MiCA

I use the Kraken Storj address for receiving payments from my nodes. I received this email from Kraken. I don’t get payed above 1000 $/euro/month, but they say for “new wallets” also. So do we need to whitelist/identify STORJ INC wallet that sends us the payouts? Are you going to do it for all of us, Storj Inc.? Thanks! (I removed the hyperlinks) "We’re reaching out to let you know about upcoming updates to how crypto deposits and withdrawals are processed. As we have recently acquired a MiCA…

[ItsHass]

do you have an automation, that converts instantly ?

[Mitsos]

Unfortunately no. I send them to the exchange as soon as see the payment, then immediately market sell.

Would love to not have to deal with any of this, but unfortunately as Alexey said above, it’s not an ideological issue, it’s an issue of the exchange freezing your account because you can’t prove ownership of the sending (storj lab’s) wallet.

[RobF]

Luckily there are node holders who sell immediately, so other people can buy it.
i think it’s soon time to change the name off this topic after hearing the last news.
Token explosion

[arrogantrabbit]

@Alexey

They are from EU, so they cannot because of

This is very dumb. You can cannot receive from addresss A at B, but if you first send to an intermediary C — then it’s no problem?

Do I understand it right?

[zip]

You understand it perfectly.
Welcome to EU, the land of the regards and a candidate to be the best totalitarian regime on this planet.
It is basically the same as when you go to the bank to make a cash deposit to any account - you have to identify yourself with your national ID to be able to do that here in the EU. I believe the only exception is Switzerland and I think they are trying to squeeze them as well now.
So similar here - they need to make sure who is making the deposit so they can track your expenses, earnings, habits, your life etc.
I think China is the role model for EU and they need all this data to be able to implement a social score at some point. One of the banks here is now even tracking your carbon footprint based on what you pay with your card for.
Crazy stuff.

[snorkel]

I wonder if in US you have limits for cash payments like in EU? They try to make us pay through banks more and more. And they want to test the digital Euro soon.

[Alexey]

After which they will try to make any other stablecoins are not legit.

[Toyoo]

@zip

Welcome to EU, the land of the regards and a candidate to be the best totalitarian regime on this planet.

• Q: Is it true that there is freedom of speech in the USSR, just like in the USA?
• A: Yes. In the USA, you can stand in front of the White House in Washington, DC, and yell, "Down with Ronald Reagan, and you will not be punished. Equally, you can also stand in Red Square in Moscow and yell, “Down with Ronald Reagan”, and you will not be punished.

[Alexey]

I didn’t know you had a joke like that too

[snorkel]

It seems that in US, you can still say Reagan, but not Trump. So…