MTL

amagadon

You will go to jail and pay massive fines if you do this. You will be violating KYC, AML and the Bank Secrecy Act (if you are in the US) and the bank you are using will absolutely report you for this type of activity because they legally have to. You would need to register as a money service business and keep detailed records for years for every single activity you did. If you're in Montana which doesn't require an MTL, you are still subject to all of the Federal laws related to this and won't be able to bypass them. I do not recommend doing this under any circumstances. Source - US based Compliance in banking/crypto.

Fast_Concept4745

XPR , Proton chain. Hear me out. Same company that runs MTL - metal pay. High profile staff. Solid, proven team. Major integration with US banking - Likely to be adopted by institutional investors. Seems to be more heavily involved with US banks than any other coin that I'm aware of. Nobody knows about it - Cheap as you can get

beyondtherapy

A lot of people are talking shit, but if you can live without that money then I think its a good call. I made a similar decision a few years ago and rolled all my TFSA into self custody BTC and it has been the best call I ever made. If you live in QC as your name suggests, money can go a long way there if you go outside QC City and MTL, even sick ass houses are 300-400k, but you are in bum fuck nowhere maple syrup country.

Marley_ltc

Different projects with different roles. ACH is a communist influenced cryptocurrency project that will not make it very far in the USA with US regulations. AMP Token/Flexa Network was created by current PoS networks like NCR and Blackhawk to solve many problems plaguing transactions today (fraud, expensive, limited to one currency, etc). Flexa almost has a MTL in every single State in the USA. Flexa also handles the majority of all crypto and Bitcoin transactions in El Salvador. Europe is coming soon. Today, I can go to Chipotle or Petco, amongst other merchants, and spend just about whatever asset I want (frictionless, fraud proof, instant, less than 1% transaction fee) Once the USA has clear government regulations in place, the Flexa Network (collateralized by AMP) will take on all of NCR, Blackhawk, amongst many other PoS networks merchants (from Walmart to Amazon) The team behind ACH are not NASA rocket scientists like the team behind Flexa/AMP, nor is their legal/regulatory safety on par.

toinfinitiandbeyond

The use case is fantastic and they have more MTL's than anyone I've seen. Not to mention they've partnered with nearly every POS maker there is. $AMP is already live in El Salvador, Brazil and others, @flexa already powers Lightning payments too. @Ampera audits are done now too, we are about to see some major fireworks.

coinfeeds-bot

tldr; The article discusses the recent performance of ApeCoin (APE) and Bored Ape Yacht Club (BAYC) NFTs. APE has experienced a significant decline of 42% in the last month and has reached a new all-time low. The BAYC NFTs have also seen a decrease in price but have rebounded slightly. Yuga Labs, the creator of BAYC, has announced a new launch date for their HV-MTL: Rift game. The game invites the Bored Ape community to forge machines and participate in duels to win prizes. Despite the launch of the game, the associated NFT collection's floor price has decreased. Overall, APE and BAYC have been affected by the volatility of the crypto and NFT markets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Quantimatic

Last line of the post: “In 2019, he launched Metal Pay”. $MTL Max supply = 67 million Circulating supply = 67 million Current price $1.10 Market cap = $74 million Money transmitter licenses. FedNow. PYUSD. Hmmmm…

beerbaron105

He also took his wealth and went all into $MTL which has completely collapsed

Winter_Ladder_6499

Any thought about Metal (MTL) Cryptocurrency? It looks like it hasn't performed since 2018.

jawni

Yes, and it will be more valuable, at least in USD, then it is now. Whether it gains in ETH, that seems more uncertain but I'd still say it's likely with another frothy bullrun. You can't take BAYC at face value (literally and figuratively lol), because Yuga has tons of funding to build out more value, Otherside/APE/MAYC/BAKC/HV-MTL/Cryptopunks/Meebits/etc. They are in charge of the 2 of the biggests NFT-native IP's and have millions of dollars to support it (funded with half a billy at a $4b valuation in 2022), they'd have to fumble the bag pretty hard for BAYC to not make a comeback.

Belmont_the_IV

Metallicus submitted for the FedNow showcase. They cannot register as a service provider, they don't even have MTL's in all 50 states. Nobody is using "Metal Blockchain" except Metal Pay. There is no integration.

framer-guy

I believe it has to do with them not keeping up on their MTL’s (money transmitter license) and that’s why states have been dropping off.

OutTop

HV-MTL and otherdeeds. Otherdeed always has sick game play

OutTop

Indeed! Not sure if I should sell my HV to pick up more vessels. Gut telling me Hv-MTL gonna be part of Deeds

hfamaxie

Do some research on MTL.

hfamaxie

Than why my MTL is still down.

DoNotGiveEAmoneyPLS

MTL tends to have crazy pumps stay strong! don't forget to sell some when you are in profit as well.

hfamaxie

I am waiting for MTL to explode and reach my entry price. Tired of watching it red.

EngineeringFinal3419

MTL has the Chinese narrative

DoNotGiveEAmoneyPLS

I wanted to buy either $RSR or $MTL for my weekly low mcap altcoin gamble. Chose RSR but MTL pumped more. they both pumped tho which gives me confidence. Now, I can confidently lose more money somewhere else.

Tasigur1

**Metal DAO** (MTL) ranked 346 on Coingecko lol

beerbaron105

But then he went hard trying to push his MTL crypto token. Currently down 93%

simmol

AQT, ARK, ELF, POWR, MTL, GLM, REP, KNC, TON, etc.

mastertrader_777

>I would have completed a transaction like that without giving it a second thought. You would have completed a transaction after the person buying bitcoin from you told you that the cash they are using to buy your bitcoin was obtained illegally or that they will be using the bitcoin in the commission of a crime? Because that's what the undercover agents do in all of these cases. If you complete the transaction after the undercover agent informs you that the cash they are using to buy your bitcoin was obtained illegally or that they will be using the bitcoin in the commission of a crime, then you have committed a crime. In every single case like this that I've read about in the US, one or more of the following applies 1) the undercover agent told the bitcoin seller that the cash they are using to buy bitcoin was obtained illegally. 2) the undercover agent told the bitcoin seller that the bitcoin they are buying will be used in the commission of a crime. 3) the bitcoin seller was involved in some type of crime like purposely laundering proceeds of crime, selling drugs, or fraud. If any of those three apply, then the bitcoin seller is committing a crime and can be arrested and prosecuted. >What is the threshold for requiring those things? If you are only selling some of your own personal bitcoin and you're not charging the bitcoin buyer a fee, then it technically doesn't matter how much you sell. But I doubt that you would want to accidentally sell a large amount of your own personal bitcoin to an undercover agent and then have to go to court and have your lawyer argue that you're not selling bitcoin as a business. It really has to be your own personal bitcoin for you to be able to legally sell bitcoin to someone in the US without an MTL and MSB license. You can't buy bitcoin from an exchange for the purpose of reselling it to someone else because then you're acting as a business and you would need a money service business license and a money transmitter license. Selling some of your own personal bitcoin to someone else is like selling some of your own personal gold to someone else. Both are legal. If you're selling gold to people as a business, then there are licenses that you need to obtain. If you're selling bitcoin to people as a business, then there are licenses that you need to obtain. You should not be charging a fee when you sell some of your own personal bitcoin to someone. If you're charging a fee, then a prosecutor can say that you're selling bitcoin as a business. If you sell more than $10,000 worth of bitcoin to someone in the US within a 24 hour period, then you need to file a Form 8300 with the IRS within 15 days. If I were to sell some of my own personal bitcoin to someone in the US, I would not sell more than $2,999 to a single person within a 24 hour period and I would not charge the buyer a fee. I would use one of the big local exchanges to determine the current market value of the bitcoin at the time of the sale and that's what I would charge the buyer. >Is bisq different than localbitcoins in that regard? No difference. The same laws apply.

mastertrader_777

The person you replied to spammed that exact comment in 12 threads in 6 hours but they aren't telling the full story. His friend wouldn't have been charged and convicted of laundering money unless the undercover agent told his friend that the money he was using to buy bitcoin was obtained illegally, or the undercover agent told your friend that the bitcoin he was buying from his friend will be used for crime, or the bitcoin his friend was selling was proceeds of crime. I've followed dozens of cases like this and the undercover agent always tells the bitcoin seller that the money is proceeds of crime or the bitcoin will be used for crime. I've seen cases where the undercover agent told the bitcoin seller that the money they are using to buy bitcoin was obtained by selling narcotics, obtained by committing fraud, or obtained by prostitution. I've also seen cases where the undercover agent told the bitcoin seller that the bitcoin they are buying will be used to transfer crime proceeds overseas, buy drugs, buy stolen credit cards, and buy stolen bank accounts. >They said it was money laundering That's not money laundering. Selling bitcoin as a business without a MTL license is a violation of section 1960 of Title 18 U.S. Code - Prohibition of unlicensed money transmitting businesses. That is not money laundering. Just so people here are aware, selling some of your own personal bitcoin to other people (not as a business) is not illegal in the US.

mastertrader_777

>They busted him for money laundering There's more to your story that either you're not telling us or that you don't know about. Your friend wouldn't have been charged and convicted of laundering money unless the undercover agent told your friend that the money he was using to buy bitcoin was obtained illegally, or the undercover agent told your friend that the bitcoin he was buying from your friend will be used for crime, or the bitcoin your friend was selling was proceeds of crime. I've followed dozens of cases like this and the undercover agent always tells the bitcoin seller that the money is proceeds of crime or the bitcoin will be used for crime. I've seen cases where the undercover agent told the bitcoin seller that the money they are using to buy bitcoin was obtained by selling narcotics, obtained by committing fraud, or obtained by prostitution. I've also seen cases where the undercover agent told the bitcoin seller that the bitcoin they are buying will be used to transfer crime proceeds overseas, buy drugs, buy stolen credit cards, and buy stolen bank accounts. >he was busted for not having a money transferring license That's not money laundering. Selling bitcoin as a business without a MTL license viois a violation of section 1960 of Title 18 U.S. Code - Prohibition of unlicensed money transmitting businesses. That is not money laundering. By the way, selling some of your own personal bitcoin to other people (not as a business and not in large amounts) is not illegal.

NewTown_BurnOut

Metal/Proton (MTL/XPR)

BuyRackTurk

> But in the meantime start with checking accounts for everyone who asks Love to. Just legalize it first. Spring ross ulbright from jail, return his property and all the other people who have been oppressed from offering financial services, end MTL AML KYC, end obams chokepoint programe, and all that crap, and its easy.

WeavyF

I think people will be surprised. the payment sector is one that really interests me and AMP /FLEXA has MTL in every 50 states and doing the hard regulatory work first. Walmart Spends $6 billion dollars every year wasted on transaction fees.. AMP's Price will come when Flexa software is online and merchants (like walmart, ect) start using "AMP" token to collaterize payments for fast cheap finality... confusing and a lot to it, But they have this system patented. Also ...I don't know shit about fuck but Flexa/amp might be worth checking out. ;) cheers!

Quantimatic

MTL perhaps? It’s been at 100% “sell” pretty much since it was listed. Not sure what to make of that. Regardless, I wouldn’t read much into the activity ratio on that or anything else.

Illenaz

XPR, MTL, ORAI all micro caps with decent teams

FarhanZX

Metalpay - the combine a wallet and a Banking Account under one roof. You purchase btc and other Coins straight with your Banking Account. No other middle men. Feas are los. For BTC and MTL it's 0 USD. Edit to clarify: metalpay or metal is an app but also a coin.

meakkineni

A lesser known guy - Marshall Hayner. Whenever he runs out of money, he creates a new token and sells them to naive users. So far he created 3 tokens and dumped them on gullible investors. MTL, XPR, METAL

xof711

Needed to get a MTL...

0tims0

In that sense I have high hopes for proton XPR and $MTL. Building an actual blockchain network for banking.

mofayew

It’s looking really appealing to convert MTL to METAL if you are in an applicable country. It does look like METAL price is quite inflated right now due to the one sided buying with a small amount in circulation. I’ll probably wait until the conversion event is over. Lite paper for those interested: https://metalblockchain.org/litepaper-v0.01.pdf I think it’s still interesting just might not be a good time to jump in.

umse2

Metalpay - the combine a wallet and a Banking Account under one roof. You purchase btc and other Coins straight with your Banking Account. No other middle men. Feas are los. For BTC and MTL it's 0 uad

i_wake_up_at_12

On April 11, 2022, Coinbase announced that it was considering potentially listing dozens of crypto assets on its exchanges. Based on Coinbase confidential information provided by ISHAN WAHI, RAMANI caused multiple anonymous Ethereum blockchain wallets to purchase large quantities **of at least six of the crypto assets that were to be included in Coinbase’s April 11, 2022 listing announcement.** link to the full .gov posting: https://www.justice.gov/usao-sdny/pr/three-charged-first-ever-cryptocurrency-insider-trading-tipping-scheme It goes on to say: Shortly after RAMANI traded in advance of Coinbase’s April 11 listing announcement, on April 12, 2022, a Twitter account that is well known in the crypto community tweeted regarding an Ethereum blockchain wallet **“that bought hundreds of thousands of dollars of tokens exclusively featured in the Coinbase Asset Listing post about 24 hours before it was published.”** The tokens may have included: ERC-20 tokens on the Ethereum network **Arcblock (ABT)** — Contract Address: 0xb98d4c97425d9908e66e53a6fdf673acca0be986 **Gnosis (GNO)** — Contract Address: 0x6810e776880c02933d47db1b9fc05908e5386b96 **Nest Protocol (NEST)** — Contract Address: 0x04abeda201850ac0124161f037efd70c74ddc74c **Metal (MTL)** — Contract Address: 0xF433089366899D83a9f26A773D59ec7eCF30355e **SuperRare (RARE)** — Contract Address: 0xba5BDe662c17e2aDFF1075610382B9B691296350 **SwftCoin (SWFTC)** — Contract Address: 0x0bb217E40F8a5Cb79Adf04E1aAb60E5abd0dfC1e **Sylo (SYLO)** — Contract Address: 0xf293d23bf2cdc05411ca0eddd588eb1977e8dcd4 **TE-Food (TONE)** — Contract Address: 0x2Ab6Bb8408ca3199B8Fa6C92d5b455F820Af03c4 Link to Coinbase blogpost in April: https://blog.coinbase.com/increasing-transparency-for-new-asset-listings-on-coinbase-e06f2edb095e Wrote this up on mobile so the formatting might now be great.

Illenaz

Coinbase listed Metal $MTL today, it was a good day

hicoBM

🤣🤣🤣 Flexa in 2018 filled the Form D from the SEC. That’s a public information mate check the sec.gov. RN Flexa its holding 27 MTL approved in the USA… https://www.sec.gov/edgar/searchedgar/companysearch.html IMO Flexa it’s the only coin that it’s making anything by the rule book… When regulations came to the scene you will se Flexa

Reasonable-Physics81

Jep, the only project that is user friendly and focuses on banm compliancies. Also worth checking out MTL who i believe just got licenced to do financial business in the EU. Own blockchain everything.

hicoBM

https://www.nmlsconsumeraccess.org/TuringTestPage.aspx?ReturnUrl=/EntityDetails.aspx/COMPANY/1840599 Ripple labs had ZERO MTL for move money you need compliance SEC don’t play games that lawsuit would drain a lot of liquidity from ripple labs

0tims0

I know it’s not popular here because it’s trying to be regulation compliant, but MTL and XPR are actually strongly building a complete blockchain bank at the moment. May be nice to keep an eye on.

xsanchez21

2~ years ago I was deciding between opening an account with Voyager or Metal Pay, I ended opening an account in both exchanges. After a few months I abandoned Voyager and went all-in with Metal Pay ($MTL around $0.29). Best decision ever.

ldj76

So this is the reason MTL is pumping, against all the odss of the market.

KiLotr

No wonder my MTL Bag is popping right now! :D

DoNotGiveEAmoneyPLS

Metal Pay is available in Europe hence MTL pump. finally something I hold goes against the market!

ProfessorPurrrrfect

BTC: duh Monero: will rocket once regulation comes to US ALGO: most functional crypto Yolos: Secret SCRT (same as Monero), Kadena KDA (interesting), Metal MTL and Proton XPR (totes yolo)

Murk7

XPR and MTL I actually use $XPR (proton) and $MTL to send my friends payment requests. There's an app called MetalPay which kinda works like a bankaccount, but for crypto. You can easily send cryptocurrencies to your friends for example. It uses the Proton blockchain and it's basically instant and without gas fees. Pretty damn cool if you're asking me..

H-Onester

I’ve been using Metal Pay. The fee’s are typically 0%-1%. It’s not available everywhere yet, but has been a fantastic in and off ramp for me. Here’s a brief quote from one of their blog posts. “Metal Pay has some of the most competitive fees across the cryptocurrency industry – not only is BTC, TUSD, MTL, and XPR available on Metal Pay for 0% fees, but all other cryptocurrencies start at 1% fees for every transaction. The fees you pay decrease by holding more MTL in your Metal Pay wallet, with users unlocking 0% fees for all transactions once they hit 10,000 MTL in their account. Additionally, every Metal Pay Cash wallet is FDIC-insured through our partner bank. Combined with the ability to set up a direct deposit, your Cash wallet is one of the most powerful tools to use in the crypto space. Whether you’re buying cryptocurrency with cash deposited into your Cash wallet, a linked debit card, or another cryptocurrency trading pair, growing your crypto stack is easy when you’re using Metal Pay.”

beerbaron105

He also went balls deep in Metal (MTL) which is 90% down

DoNotGiveEAmoneyPLS

my experience is that crypto is way more straightforward and easier to catch a pump. i.e. LRC partnering with GME was something that people found out months before it was officially announced all I had to do was put some money and sell most of it after a decent profit. people starts to talking about metaverse? Zuckerberg also helped a lot for this one to pump. time to get some SAND, MANA and other metaverse coins (there were also rumours of them getting decent partners(i.e. Nike). MTL is the coin for Metal app. All they did was tweet "x euros sent" (meaning they are expanding to Europe) and there MTL goes 2x. easy money. ALGO world cup ad? time to stock up some more ALGO cuz its finally making some moves. Elon twitter rumor? or simply Elon tweets? time to make some quick cash(get out of this one fast tho since it happens in an instant) on any random doggo related coin. STEPN app looks interesting and they have Adidas CEO in their team? time to buy some GMT. major CEX listing a coin? time to buy some. of course I was able to find these things fast because I try to literally follow everything and I doubt everyone has that much time also having tighter stop limits as you get decent profit is a must.

WickY_Wee

I would advise all those who are skeptical to DYOR. I've been using LOAN, Proton(XPR), and MTL for almost 2 years and the company behind it has constantly been improving. Soon they will be launching in Europe as well which is a good sign for growth.

Mandala2805

Hey budy. I strongly suggest you to DYOR before making accusations. The team behind protonloan and $xpr is the same team behind MTL coin (metalpay app). The total volume is over 20mil in protonloan so your 100$ will be safe don't worry. I can understand that you have doubts but to throw words without knowing what you are talking about seems ....

Mandala2805

Hey budy. I strongly suggest you to DYOR before making accusations. The team behind protonloan and $xpr is the same team behind MTL coin (metalpay app). The total volume is over 20mil in protonloan so your 100$ will be safe don't worry. I can understand that you have doubts but to throw words without knowing what you are talking about seems silly...

DoNotGiveEAmoneyPLS

MTL is the coin for Metal Pay app. They are branching out to Europe soon hence the pump in last few days. GMT is the token for STEPN but idk much about. I just know that they have a collab with asics and they are related to Adidas as well. AVAX is a decent buy if BTC pumps or stay where it is I'm sure it will go high. IDK about AXS though. It is too dependent on how their new game will go. It also doesn't help that they were hacked by North Korea which pretty much rules out any chance of getting their money back. But I am planning to invest a little bit on SLP after I sell some of the tokens I hold. Dunno about ANC. Good staking rates but dunno if people will stay with it when they eventually reduce their rates.

cj-tb

Niiice I've seen KNC and it doesn't stop. I'm just worried about buying at new highs personally but I love KAVA that's one I've been buying on the dip and not many people know about it yet imo I've seen some people post about it and they have some which is nice and AVAX has been stalling, AXS, and ANC lol. 3 I have most money in so I guess that's why I feel it's more boring 😂 I don't know much about MTL or GMT gonna have to look those up

DoNotGiveEAmoneyPLS

Too many coins tbh but I am doing well so far. KNC is a beast that no one gives a fuck about (4 months in green and still going up). MTL and XPR have very good potential hence they get %40 of my portfolio, it's been a week and MTL was nothing but amazing so far. I bought some GMT getting on the hype and while it dropped right now I am still in so much green lol. LRC and ALGO have been pretty disappointing price-wise but I am expecting something from them in the long term. JASMY and LTO are other low market cap tokens that I threw some money at. Still waiting for them to do something. ZIL made me so much money that I just can't wrap around my head on what to invest and luckily everything I "heavily" invest in is pumping to the moon.

DoNotGiveEAmoneyPLS

Algorand breaking my heart. I'm glad I had some money left to throw at MTL and GMT lol. Still contemplating on when to sell GMT tho.

dwafasc

keep sleeping on XPR PROTON AND MTL LOL

notUrAvgCryptoFreak

MTL is up 30% today !! Just broke even on it. Should I sell and invest in something else or leave it as is?

DoNotGiveEAmoneyPLS

idk dafk i'm doing and just fomoed into MTL at 2 dollars. dafk?! the metal pay app looks decent I guess?

notUrAvgCryptoFreak

whys MTL pumping hard? any news?

notUrAvgCryptoFreak

MTL pumped 50%... if it pumped 20% more i would've broke even. maybe next time

New_Reputation

Why is MTL pumping? Whats the news about it. Thanks

Gjors

def ETH 2.0. MTL is an urban legend for veve.

Baanx

Well. Where do I start? As you can imagine there are a number of regulatory hurdles to overcome here, if we are to adapt in the global space. We already have partnerships with Visa and Mastercard that gives us global coverage. Although, what you have to look at and what we are doing as I type to you is mapping out the regions and what will be needed for each location and its regulators. We have already successfully gained our licence with the FCA in the UK. We have an Emoney licence in Europe and are working on the MTL's for the USA. Baanx wants to show the regulators how the traditional and decentralised finance spaces can work hand in hand. And we are seeing in recent years that governments are becoming more accepting. We aim to change the perception of DeFi and CeFi so that we are able to offer products like Crypto Draft and our Card programmes. We aim to change the way we lend and borrow money through “crypto drafts”. Unlike the long and often complicated process of traditional loans, crypto loans are quick, easy and do not require an abundance of information, such as your credit score or past bank statements. This is something Baanx wanted to offer, so we launched our Cryptodraft™service into our partners liked the Tezos Crypto Life platform - https://www.tezoscrypto.life/

IAMAdot2

The only relative piece I can find from this article is this. "Virtual currencies are not covered by California’s money transfer law, and the state has yet to provide formal guidance on the applicability of its MTL law to cryptocurrencies. A new finance bill lifts a ban on transacting in any alternative to the U.S. dollar in California, recognizing and allowing transacting in alternative currencies, including digital currencies such as bitcoin, at the legislative level." It doesn't give anymore detail on any bill being written or any that has been submitted. References Californias general cryptography/privacy/Bitcoin ATM friendly history as well, but that's really it.

ukredimps2k

 Sure buddy... go back under your bridge troll. BLOCKED. ​ *VeVe | Digital Collectibles @ veve\_official* *MTL/Gem to Fiat* ***Final testing next week*** ***4:27 AM · Oct 15, 2021·****Twitter Web App*

Pma2kdota

you really sent me an article from Cult MTL as a factual source and think some tweets are also valid news. C-U-L-T Montreal wake up.

yonesupport

A friend told me to buy MTL. Anyone researched it? Opinions? Never heard of it

xsanchez21

Proton, MTL, and DCR.

mofayew

XPR has 0 fees and I believe if you use the metal pay app to do so you gain MTL as a reward. Metal pay is like Venmo but with a lot more crypto options. I haven’t gotten any friends to try it yet, but maybe you will find it useful.

xsanchez21

Right now I am mining MTL on unMineable .com, I think it has a good chance of appreciation in the short term.

Sarleet

You missed the fact omi wasnt ready to join the bullrun cause the company was a little too early back then. But nowadays they proved a lot and a lot is coming for the first quarter in the new year too which will help the progress of the OMI token. Check it out again, its still early. Migration to IMX almost complete, OMI utility and staking soon, MTL soon,..

xsanchez21

Decred $DCR, Proton $XPR and Metal $MTL. Started with $25K~ in March 2020 with $DCR at $10~. Bought $MTL at $0.29 and Proton $XPR at $0.004~ with profits from $DCR @ $150~ MTL and XPR went up, at some point I was at $2M when proton touched $0.055~. Right now sitting at $650K.

Hard_We_Know

Veve have obtained the MTL, still no cash out. Ask Oinky and s/he'll start telling you "it'll take time" or that "soon" Veve seem to be distracting everyone with drops. I keep my eye on these threads so I can laugh at the people who keep trying to tell the rest of us how wrong we are. So far the skeptics haven't been.

smooke-it-ange

My REQ, OST, FUN, XRP, MTL, AION are a stark reminder in the bottom of my portfolio of what can and will happen

LibRightEcon

> I disagree Then you are sorely misinformed. > abusing those positions of power None of that works without regulation. There is no "position of power" without regulation. If needing all kinds of state MTL's and bit-licenses was eliminated, and KYC relaxed, coinbase would be out of business the next day, instantly replaced by low cost low fee no signup instant btc companies from a thousand different names. Regulation is the one and only way to build a moat to protect a bad business.

dwafasc

XPR Proton and MTL

Thirty_dirty_birds_

MTL is running on Proton, which runs LOAN, and is partnered with Railsbank. Sounds like Proton is the Trojan horse ripple is looking for as they are fully compliant in the US in Europe. LOAN goes live soon. It let’s you lend out or collateralize your entire wallet of coins. Without fees or gas. This one’s a doozy for the IMF

SlowSpeedNet

AXS, GALA, SHIB, TLM, SOL, LUNA AVAX,MTL, C98, MANA, SAND and the list goes on. And these are all after the may 2021 crash.

franklinewton

whats your opinion on MintLayer (MTL)?

ben_on_reddit

Thank you for your elaborate and kind reply, despite my initial rumbling. There's obviously a plethora of promising projects out there and of course: a common denominator of all of them is the banking the bankless etc, however the gambling on coins is also one. I witnessed the craze around IOTA from early 17 to late 19 (from claims around partnerships - every idiot can partner with namely companies - to integrations, open source, the dirty catfights amongst the core team etc) and it was a prime example of how a powerful few (devs, early vcs etc) created an artificial (and, to be fair looking back, based upon very few actual facts) hype and made a lot of money upon the backs of the many shills like we see in this thread too (not only on IOTA, on all of them). Accordingly I hope you can understand that I am very sceptic towards literally every coin besides eth and btc. Don't get me wrong, I'm well interested (possibly vested as well from back in the days, serious bags too) on many coins but I just feel like I can't leave some of the bold claims unanswered in this thread. I wish you and the majority of the participants all the best! (adding here, other coins that are super shady are for example MTL, was a hilarious story with VCs dumping on plebs after their kids didn't get an internship, all crashing down and now resurfacing with some DeFi claims - ugh, it's all just a moneygrab until proven otherwise. SOL sounds very similar although much more successful so far. wagmi)

3xlr

Metal MTL

jaeyboh

MTL & XPR are building something great

JimmyJammer_79

I think initially it was airdropped to Metal (MTL) holders. Metallicus is the parent company and it's responsible for MTL, XPR and another token called LOAN. They're also going to launch a stable coin, Metal Dollar (XMD) Q4 2021. All one ecosystem.

Johnstruction

Thank you for you reply Marshall!🤘 I love all the good work you guys are doing! Super excited about the future of MTL and Proton, and glad to be a part of it! 🤘💜⚛️

MediumSizedWilly

This is why I sold 90% of my MTL and bought XPR instead.

9k3d

There is no set dollar amount that bitcoin ATM operators in the US are allowed to sell without requiring ID. Some bitcoin ATMs in the US let you buy $2,000 or more worth of bitcoin without ID. For example, bitcoin ATMs operated by Athena allow customers buy $2,000 worth of bitcoin with just their name and phone number. There is varying levels of KYC. KYC can vary from as little as your name and phone number to as much as your home address, social security number, employment, and income. Bitcoin ATM operators in the United States need to register with FinCEN and have an AML compliance policy in place. State level regulation varies from state to state, and targets requirements to register for money transmitter license (MTL) or money service business (MSB). Most of the states will also require a surety bond to run bitcoin ATM machines. Operators need to keep track of records of transactions, conduct and collect identification information and also report information to agencies under particular circumstances. Apart from registering with FinCEN bitcoin ATM operator has to develop its own KYC/AML compliance policy. This document doesn’t need to be provided to FinCEN during registration, however it should be available on request. The main purpose of such a policy is to prevent your bitcoin machine being used to money laundering. AML program has to address the following items, also known as “4 pillars”: Define Policies, Procedures and Internal Controls. Incorporate policies, procedures and internal controls reasonably designed to assure compliance with the BSA and its implementing regulations. These policies need to address risk size expected by operator based on conditions and area of operation, various transaction monitoring and documenting techniques etc.; Dedicated Compliance Officer. Designate a person to assure day-to-day compliance with the program and the BSA and its implementing regulations. This should be a person with expertise in the field. Moreover, such an officer should have relative independence and authority within organization. This should be a person, who doesn’t obtain other functional roles, e.g. to eliminate conflict of interest, while limiting transaction due to prevention measures will potentially reduce revenue volume of operator; Employee Training. Provide education and training of appropriate personnel concerning their responsibilities under the program, including training in the detection of suspicious transactions, to the extent that the MSB is required to report such transactions under the BSA; Independent Audits. Provide for independent review to monitor and maintain an adequate program. This can be done by other employees / team in the organization, as well as by third-party consultancy service providers. Once the program and processes are implemented — it is recommended for operator to do full test of transactions flow and documenting all steps. Tests need to include checking of set thresholds and limits as well as all KYC verification procedures and tracking and documenting of customers data. Manufacturers of ATMs provide integrated solutions in their software. It is recommended to check with each provider what the implementation is, so that it cover needs of being compliant with law. On state level regulators have another requirement to register as money transmitter. This regulation varies from state to state, while some states being more relaxed, some are very strict in this regard. [Bitcoin ATM Regulatory Requirements in USA.](https://coinatmradar.com/blog/bitcoin-atm-regulatory-requirements-in-usa)

MarshallHayner

Proton is the Layer 1 blockchain that provides fast and fee-less transactions with xTokens, decentralized identity, swap, loan, market protocols. XPR the native token is used to stake/vote for BPs, purchase resources on the network, and register new accounts/domains. Metal (MTL) originally distributed through PoPP (proof of processed payment) is a blockchain agnostic token originally launched on the Ethereum blockchain (ERC20) and now migrated to the Proton blockchain through cross-chain bridge. Metal (XMT) is governance for Metal Dollar (XMD) a decentralized stablecoin, comprised of a basket of stablecoin currencies and managed by a DAO of XMT voters.

-richthealchemist-

I’m confused, MTL is an ERC20 token on ethereum, how is this linked to Proton? And how is Proton related to EOS? All the “producers” have EOS in their name and the EOS logo appears all over the proton block explorer: proton.bloks.io It all seems very confusing to me, I don’t know how all these elements fit together, or why/what it’s USP is.

MarshallHayner

MTL, initially distributed through PoPP is evolving to encompass Metal Dollar (XMD), a decentralized stablecoin on the Proton blockchain. XMT (MTL on Proton) is the governance token which is used to determine: stablecoins allowed access to the pool, stablecoin allocation in the pool, entry/exit fee cost in XMT, and future features of Metal Dollar (XMD). XMD is equivalent 1:1 to any stablecoin in the basket can be moved fluidly between other stablecoin (ie USDT to USDC) this is similar to Curve Finance in some ways, but it is multichain through the xToken bridge and provides interest to a basket stablecoin XMD.

MarshallHayner

We've always had incredibly warm welcoming and passionate community members in XPR and MTL communities and there is a lot of cross-over. I think this spark started in Dogecoin where Glenn and I met. That ethos of Do Only Good Everday, lives on and I hope someday permeates all of crypto! I've loved seeing the Proton community grow tremendously over the past few weeks and seeing our longstanding members welcome in everyone with open arms. Community is everything in crypto, and we've got it in spades! ​ In the spirit of our strong tribe, the upcoming marketing campaigns are heavily focused on utilizing the community and our ability to be louder as one voice!

DontYouWorryAbout___

How should I differentiate between the use case for MTL and for XPR?

smooke-it-ange

What do I get for holding MTL since the good old 2017 days? Must be some sort of loyalty for that shit

f6ary

Hey folks few questions for y'all, 1. Do you think most (big) banks will try to stop your efforts of bridging crypto and traditional banking if it starts to undermine their interests (not to mention it's still recognized as a commodity, and we have to pay capital gains when selling $MTL)? 2. During natural disasters when electricity is out, Metal and Proton wallets are almost useless, is there a way to still use cash/atm which will still be viable over any crypto.

CryptoNite90

Do you see XPR and MTL being competition to AMP or can all work together?

MarshallHayner

Download the Proton Wallet or Metal Pay, Print a sign "Cryptocurrency accepted here! XPR, MTL, BTC and more" When someone approaches you and asks to checkout with crypto pull up your deposit QR code in Proton Wallet or Metal Pay. Check the blockchain for the transaction when the user sends it. Metal Pay will give you an instant notification on zero confirmations. Hopefully in the future we will see every major provider integrate xTokens so we can have lightning fast and fee-less transactions ⚡️

Zo-Or

I second this question. It does seem that with XPR, MTL is not really that necessary, other than holding MTL on Metal Pay gets holders less fees. I don't see why XPR can't take that role over.