Open Letter to Bitfinex from the UNO community

in #uno8 years ago

Exchanges
Fuck them all. author=FallingKnife

What's the motto with U?
Un-o mantra is just that!

Exchanges ... FTA ... (at least those requiring $10Ms in 'just trust us' deposits) ... BitGo ... LOLz

Yet it takes time to arrange the future (of finance) we've already arrived at crypto 3.0 ... but there are still serious gaping holes in crypto 1.0 (you know independent block chains ... simple coins) ... UNO is (believe it or not) the tip of the spear on something much different[sup]*[/sup] ... true decentralized capital ... yes it can be nicked by incompetent/malevolent exchanges but it can not be gored.

[secure your own keys, limit your on-deposit UN exposure]

How many $100Ms in BTC have been straight in your face STOLEN?

ETH/ETC is just another repeat ... see Coinbase/BTCe ... "what coins ... oh those coins yeah we never actually had them just the priv keys".

[u]CENTRALIZED[/u]

not funny
when it's your money

[sup]* [b]Why is this true? [/b]Because UNO is one of the few rare but fair (and secure) blockchains. It is even more true now that UNO is ranking around #150 in MC with at least 50 variations of yobit and ico fraud capital staked on top of it. Real value will rule the day, and crypto is still just in the wee early morning hours of dawn. And because it lacks inflation (and more fundamental > has moved through the eras of POW emission releases > UNO is ahead of the game ... [BTC] is just on stage 3) ... well [b]#UNO[/b] no longer necessitates stacking coins on the exchanges, in fact it can move to a hyper state of limited coins on deposit with 3rd party brokers .. who tend to go broke ... Gox, Mintpal, Cryptsy, BtCe, BTER, Coinbase, and now Bitfinex ... they all fall.

note2: "[b]Bitfinex, making socialism great again[/b]" corp. unlimited figured this out long time ago ... it's call "bailout","externalization", or "dumb money". sure there are more terms too.

"crypto and fiat systems rarely mix well" you bet your Hong Kong ass and lost![/sup]

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