Jokes aside.
This is a really, really, really bad idea.
Technicalities aside, this is a giant trust issue.
This person will have access to 75% of the funds from day one.
Not only that but you will be trusting him with a large amount of BTC AND he will have access to the backend server that is responsible for the BTC/STD exchange.
Those are three glaring issues that cannot be easily addressed. The fact that this "developer" makes no attempt to try to legitimize the whole system speaks volumes.
How bout you start with your god damn name and ID if you want to start handling millions of other peoples money?
Until we smarten the fuck up and start demanding transparency, security and recourse we are going to keep getting scammed and we have no one to thank but ourselves.
Reference: https://bitcointalksearch.org/topic/m.5888544
I think I have to put up a FAQ section on the website soon to let the new comers understand the system without repeatedly answer the same question.
Don't talk down to me you fuck. Unlike the majority of unwashed swine that troll these forums I can think critically.
I'm not having any trouble understanding your "system", maybe you are having trouble understanding my post?
You have access to the backend. Theres no possible way for your to design a system that we can verify you DONT have access to it. Nor is there any possible situation where it would be safe for you to NOT have access to these systems.
"Everything is controlled by the server".
The server you host or pay to host? Which you have administrative access to? You couldn't rewrite a line of code or two if you wanted to?
Please tell us what's stopping you from accessing this server? Won't you need direct access to this system to provide maintenance and updates?
Yes, that's entirely unreachable by you.
Please, lie to me right now; Tell me that if you were malicious there's no possible way you could obtain access to the funds. I fucking dare you.
I'm going to give you the benefit of the doubt and assume you are not stupid enough to make that claim.
So that leaves a giant trust issue.
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can i asked if you do not like it why try and play the big i'am and not just piss off and leave us 'idiots' to get scammed