Silver Starian | Bitcointalksearch.org

EvilDave

hero member

Activity: 854

Merit: 1001

Quote from: intristin on October 30, 2015, 07:54:59 AM

Nevermind the silver standard, anything on the NXT system is dependant on NXT, a for profit venture, surviving. If they go under every asset (fake cryptocoin) attached to it goes down in flames.

Nxt is a decentralised crypto-platform and currency, completely open source with no corporate elements. It was created to offer functionality that BTC simply can't provide.....one thing that Nxt isn't is a for profit venture.
As Nxt is as decentralised as possible, and run on a voluntary basis, it will take a disaster with all crypto to make Nxt fail.

Compare the structures of corporate systems like Ripple or Bitshares to that of Nxt.....see the difference?

crypto jerk

full member

Activity: 236

Merit: 100

Very interesting approach.

I think in your case you need a third party auditor/ verifyer.

Im sure no one here will mind if your mom fills that duty.

intristin

full member

Activity: 196

Merit: 100

Digital Credits

Nevermind the silver standard, anything on the NXT system is dependant on NXT, a for profit venture, surviving. If they go under every asset (fake cryptocoin) attached to it goes down in flames.

Snail2

legendary

Activity: 1512

Merit: 1000

Sorry mate, but a safe in your house isn't something what I'd consider as a safe place. Perhaps a locker in a bank or an account at a commodity bank with a possibility of tracking of the amount of silver stored would be a better option.

tobeyrowe

sr. member

Activity: 266

Merit: 250

The Silver Starian is a new digital currency that has been made using the NXT system and is a silver backed currency called Starian for short but Silver Starian for long version. I currently have 36 ounces of silver to start off backing the Starian and every time someone exchanges fiat USD for Starian the USD is quickly transferred into physical silver bullion by buying the silver from online silver companies and the silver is shipped to my house were it is stored in a safe. The value of the Silver Starian will be determined by the value of the silver held in the safe by how much Starian is in circulation. So if you have any questions or would like to use the Silver Starian then please contact me via email or Skype. My email is [email protected] and my Skype is tobeyrowe. Also please do not bash me by saying its a scam since I technically cant prove that I have the silver even though I do so basically your just going to have to trust me. Im sorry for not being able to prove it but theres really no way of doing it. So if you can actually trust in this then please just contact me using the contact information I provided above. Thank you and I hope to hear from you soon.

Topic: Silver Starian (Read 444 times)