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Who stated you may’t spend crypto? Redditor sells free Moon tokens to pay hire

01/05/2021

This Reddit person has discovered a singular technique to make ends meet in the course of the pandemic.

A Reddit person by the identify of “satoshinakamoto7” claims to have used their free MOON tokens to pay this month’s hire, 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 that they had burned by means of all of their money financial savings and gold in the course of the pandemic after being with no job for ten months. That’s once they remembered that that they had over 14,000 Moons of their possession.

The person defined:

“I used to be questioning what to do for the hire, for per week now. And simply remembered I had over 14000 Moons right here in r/Cryptocurrency. Offered them and made my hire. It was like a stone lifted out of my chest. Not capable of finding the proper phrase for this sense.”

On the time of writing, the submit had over 600 feedback and an upvote charge of 96%.

The person didn’t specify how the Moons had been liquidated or the sale value, but when our earlier Reddit story is any indication, there’s an excellent likelihood 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 capable of promote their bag at the next value 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 energetic customers who contribute to the group by means of posts and different types of engagement.

The r/CryptoCurrency group was created on Mar. 11, 2013 and has greater than 1.2 million customers. Over 48 million Moons have been rewarded to-date.