A Reddit person by the title of “satoshinakamoto7” claims to have used their free MOON tokens to pay this month’s lease, providing one other signal
A Reddit person by the title of “satoshinakamoto7” claims to have used their free MOON tokens to pay this month’s lease, providing one other signal that cryptocurrencies are starting so as to add actual worth to folks’s lives.
In a submit that appeared on Tuesday, satoshinakamoto7 stated they’d burned by way of all of their money financial savings and gold through the pandemic after being with out a job for ten months. That’s after they remembered that they’d over 14,00Zero Moons of their possession.
The person defined:
“I used to be questioning what to do for the lease, for every week now. And simply remembered I had over 14000 Moons right here in r/Cryptocurrency. Bought them and made my lease. It was like a stone lifted out of my chest. Not capable of finding the appropriate phrase for this sense.”
On the time of writing, the submit had over 600 feedback and an upvote fee of 96%.
The person didn’t specify how the Moons have been liquidated or the sale worth, but when our earlier Reddit story is any indication, there’s probability they unloaded them onto secondary markets, presumably utilizing the xDai blockchain. Though the worth of 1 Moon is presently pegged at round $0.012 on Coingecko, the person could have been in a position to promote their bag at a better worth on secondary markets.
“I’m grateful to this sub, who’ve tolerated my posts,” satoshinakamoto7 stated. “You all have put a roof over my head for a month! Grateful!”
Moon is the official token of the r/Cryptocurrency subreddit, which is devoted to discussing all issues crypto and blockchain. The token rewards lively customers who contribute to the neighborhood by way of posts and different types of engagement.
The r/CryptoCurrency neighborhood was created on Mar. 11, 2013 and has greater than 1.2 million customers. Over 48 million Moons have been rewarded to-date.