RE: Why I won’t be compromising with Justin Sun

You are viewing a single comment's thread from:

Why I won’t be compromising with Justin Sun

in steem •  5 years ago 

As long as it's a swap, so we can exchange our STEEM for the new crypto. I would hope this would be done in a pretty seamless fashion like BTC and BCH was, for example.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The BTC-BCH split was a fork. If you had bitcoin before, you now had bitcoin on both chains. Blocktrades mentions this will be an airdrop, such that all existing STEEM holders will end up with two tokens (except for Sun).

A swap is distinct in that it requires users to trade or destroy an old token for a new token. That's an interesting model to make sure the new token holders actually care about the project. But ultimately you'd lose the automatic adoption you get from an airdrop

It'll be like bcash but it wasn't a swap it was coins on both chain, you'll have sell on one side as fast as possible to buy more of the other side.

  ·  5 years ago (edited)

you'll have sell on one side as fast as possible to buy more of the other side.

Which exchange will support the new Steem or do we support Bitcoin?

I don't see why exchanges wouldn't support it, Most likely none at start.

  ·  5 years ago (edited)

Yes they do, maybe they don't lists scamcoins with pre-mines for free through.

  ·  5 years ago (edited)

Okay, but who's gonna cover that amount in hive? So scamcoin with pre-mine / ninja-mining? :P