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Showing posts with the label Autobahn

Let's talk about El Salvador...

We had very interesting news this week: El Salvador decided to approve the use of BTC as currency in the country. It is a small country but the implications related to this are huge. Right after this announcement, we hear that India is studying the possibility, and Texas (?). Yes, Texas. How practical is this though? What is the reason for El Salvador to do this? They say it is because it will be easier for people who are from El Salvador but live in the US, to transfer money to their families in El Salvador. Is that true? Does that make sense? I'm not so sure. These are the points that made me think about this: What is the cost to transfer money from the US to El Salvador? Will people use in El Salvador actually use BTC to buy stuff? The cost to transfer money Ok. We all know that it is expensive to send money from the US to El Salvador (or anywhere abroad) using the traditional means (banks, wire transfers, even Western Union). If someone sends US$1,000, they could have that turn...

What is Tixl?

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Introduction In order to explain what is Tixl, we first have to understand a little better what are the problems that Bitcoin, Ethereum and other crypto coins have. If we don't have the correct understanding of those, Tixl might just not make any sense. This article is written for people who have some understanding of crypto. People who have traded and transferred cryptos from/to their wallets from/to Exchanges etc. My first time (and probably yours too) The first time I bought a crypto, I got really scared. Before anyone ever explained to me why crypto was something interesting, I had my mind set to "this is good for illegal transactions like buying drugs or guns or whatever". So, even after understanding what it really is about, the first time I actually bought some, I still felt like I was going to some kind of dark, obscure place. Then I put my order and it got executed. My money came out of my account and... no bitcoin in my wallet. My first thought: "refresh, r...

How good would it be for $TXL to be listed on a major Exchange NOW?

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Very good!? Pump and dump? Would it be good or bad for TXL's image? A lot of people seem to agree that TXL needs to be listed on a major Exchange. Some will say: It needs to get listed for price to soar, OR Price will soar if it gets listed, OR If it gets listed now price will pump and dump. It seems like everybody knows the answer: everything is so simple. I don't think like that. Actually, I think I have more questions than answers. First of all, let me try to separate points (1) and (2) above since a lot of people will say they are the same. For me they are not the same because they depend on the mindset of the person who said it. Some people just want to make money and leave This is the kind of person that doesn't know or doesn't care about the project. He either bought in at a very low price (or market cap) because someone he knows said it is good and return will be over 10x or 100x or maybe he is one of those ICO / IDO hunters who just want to ride the "Alt-c...

Who are Tixl's competitors?

Introduction Before I start, let me say that all I write here is based on what I know and what I think. I might be wrong. I might be imprecise on some of the stories. I don't care if I'm exaggerating something somewhere. Things might not be exactly how I say, but I hope you agree that, at least, it makes sense. It is funny how many people like to think that, in the world you either win or lose. It is like there is no cooperation. My last years in the corporate world, I heard this term a lot: coopetition. It was supposed to be the sum of cooperation and competition. I think corporations like to invent these terms and then misuse them but, looking back, this one seems quite interesting. In my conversations, I heard a lot of: "if Tixl gets there before the others, it's game over for the others, and if the others get there before Tixl, it's game over for Tixl". It doesn't matter what we were talking about. My point is: why do I have to kill the other one? And ...

It seems like something big is about to happen very soon!

I talked to a friend and fellow Tixl investor on Friday about the project and noticed that we share very similar points of view regarding the project and that something is about to happen very soon.  Based on that conversation, I decided to write this post to try to list all the reasons why we think that $TXL is about to go up very soon. Some of the reasons are based on reality (things that we see that are really happening) and some speculation (we let our minds fly higher and imagine where things could go). The facts The Autobahn Network The Autobahn Network is the infrastructure that makes it possible for Tixl to transfer BTC and ETH in a few seconds at a very low cost. But what is the evidence that it is there? The Tixl Wallet is the evidence. Launched a couple of months ago, it was first integrated to the BTC chain. I said many times (and the recent Tixl Announcements say to) that the Tixl Wallet, integrated to the ETH chain is virtually ready. We tested it. Main net launches v...

A very common message: "I'm very frustrated because my $TXL just go down!"

Introduction I've seen a lot of people complaining that they bought $TXL at US$ 0.60 and, 2-4 weeks later, they noticed they "lost" 50% or more of their investment. These people start complaining: Marketing sucks! We have to list on a major Exchange! I know how frustrating it is to put money in something and see it lose value. And I know that it feels even worse when you see that the asset you bought is going down while all the others are going up. And I also know how stupid one can feel when he sells the "terrible" asset to get any of those others that were going up, just to see that, right after he does that, the one he sold goes up and the one he just bought goes down. Why does that happen? Is the world is against us? I'm pretty sure there is a group of people that just want to make me lose my money. Why do "regular people always lose money" when they invest in crypto coins? I think that, when we talk specifically about any crypto coin, the main...