Secondly, an API KEY, based on its privileges, can act as a private key
Stop talking nonsense. It depends on trusting your service, it's nothing like e.g. a Bitcoin private key. If you keep insisting on it you'll likely earn red trust - people tend to care about that shit on this forum.
Did i say is a private key or did i say it
can act as private key? Didn't i say that besides the key it's given access to email and password?
Can you use a private key to control funds on a wallet? YES
Can you use a api key to control funds on an exchange wallet? YES
Can an api key act as a private key? YES
Is an api key different than a private key? YES
Did i say an api key is the same as a private key ? NO
Should you focus on the thread proposition instead of pointing out something i didn't say ? definitely
Should you focus on the thread proposition instead of pointing out something i didn't say ? definitely
Are you able to run off with funds?
YES but only on option 1, same as the lender can run off or lock us out of the account.Should we all point out that you're able run off with the funds?
YES but only on option 1, same as the lender can run off or lock us out of the account.Will having an API key to your service prevent you from running off the funds?
NO on option 1. YES on option 2. If you plan on running off with the funds would you tell us?
Definitely not, but at what point? Both parties are incentivized in fulfill the deal.Replies in BOLD.
I don't think it's hard to understand that option 1 requires a bit of trust, both from us and from the lender. While option 2 requires no trust since is impossible to run away with funds for us( but the client can). All risks are mitigated by the fact that both parties are incentivized to respect the deal.
So option 1 we take the risk of the lending and both us and the lender take the risk of gettin scammed.
The risk associated with option 2 is only for us, which is that the lender leaves without paying the commission.
if Math is not an opinion we have both the product and the risk in both options.
Bring it on, smarty pants. I'm not claiming to be a technical wizard, but I know bullshit when I see it.
You should move that mirror out of the way then
Maybe you will start noticing the opportunity i'm presenting.
You don't think im legit? prove it. go to my thread, download the data, access the demo account via the provided api key and PROVE I'M HERE TO SCAM YOUR BITCOIN.
If you can't or simply not interested, just avoid posting. I'm not forcing anyone. Smart people will catch the opportunity in one of the several shapes
As for myself, more than building a thread with all kind of evidence and having a product that is killing it, there's not much more i can do other than replying to every single non-funded accusation. We are even fine in letting the lender have access to non only the loan but also to the profits generated by it. That's the level of confidence a great product can give. We have no problems even if they run away with the profits without the commission. We are trying to scale and smart people always pay the fee because they don't want the game to stop.