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0 sats \ 1 reply \ @ZezzebbulTheMysterious 4h \ parent \ on: Locked 1 BTC until 2030 bitcoin
I don’t believe you have been in this space for 10y. The ordinal NFT thing gives it away. It’s pure shitcoinery. No “10 year Bitcoiner” would give any credence to this scam. Someone who has been about would also think of Satoshis wise words “The problem with this solution is that the fate of the entire money system depends on the company running the mint, with every transaction having to go through them, just like a bank.”
You complain about potential of high fees, yet high fees have been caused by one thing in the last few years, NFT scammers and spammers.
You are part of the problem.
I would prefer you didn’t hold any funds for users. You pose a clear danger to Bitcoiners with your custodial honeypot. Your product is a menace, and you will lose your users funds. If you don’t lose them, the state will confiscate them for you being an unlicensed bank.
It’s just faulty by design, and the fact you refuse to acknowledge the issue is an indicator that you have malicious intent.
- I can prove that I have over 10 years of experience in the space and in development. I have contributed to and supported projects such as BTCPay Server and NBitcoin since their early releases.
- It is not an NFT unless it is actually converted into one (which has not even been released yet). For now, it is simply a wallet on our servers. It is still uncertain whether the image itself will be placed on the blockchain or only the metadata.
- We are a licensed Bitcoin service provider in El Salvador, where the government is very supportive of Bitcoin projects.
“Actually, there is a very good reason for Bitcoin-backed banks to exist.” - Hal Finney
Your anger blinds you to the beauty and opportunities of the project.
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