1 Uro is around $0.50, but 1 ton of urea is around $300 so 1 Uro is worth around 3lbs of urea, but not a whole ton or am I missing something here?
safe to say, you are missing a lot of things.......
It is so easy to say that I would be missing a lot of things, thank you.
Aside those Greenearthsystem and NIER guys- are there any PRODUCERS of urea accepting Uro as currency?
Who was accepting Bitcoin for anything back in 2010?
PS: Your new name shows lack of maturity, Truthful.
I have no faith that they will ever change my Uro for Urea, it doesn't make any sense
So you sent someone your Uro and they sent a shipment of Urea to your house?
its sent to the port of your choice, and then to storage facility which you either own or rent (normally rented)
So has anyone actually done this? Sent some Urea to storage? If they have and have some evidence (pics, receipts, etc.) I'd be pretty impressed.
question is, if you did, would you show it to a bunch of people you dont know ?
Hell, no!
If you're able to buy urea with Uro your interest is to keep Uro price as low as possible.
On the other hand, if you're selling urea for Uro, your interest is to get $300 per coin.
Sellers are on a losing end here and I would expect them to organize huge and unequivocal publicity on deals done with Uro.
Sellers would make the whole world know they're accepting Uro and since they are multibillion companies I'd expect to see CNN and BBC running their commercials.
In this way not only will they be able to turn the URO paid for shipment into millions of dollars but perhaps also the other few hundred thousand URO (they quietly buy / mine / are given) will also turn into a few hundred million USD without the hassle of finding and shipping urea.
Except of course if URO is used as a kind of future contract where, by paying in URO, you simply secure the Urea shipment ahead of others and when the ship is loaded you then pay in good old USD...
