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RE: The Mighty Quint Rears its Head

in #bitshares6 years ago

Great post mate! Correct me if I am wrong as I am new to Cryptocurrencies. Isn't supposed the Crypto to be decentralized and digital? I mean whats the point to create a controlled taxed physical version? It looks like we are back to where we started when everything was valued based on gold. Again I apologize if I misunderstood incorrectly. English is not my native language and any education or advise will be gladly accepted.

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BitShares is a decentralized exchange that allows you to move among many different products. Some are counter party risk free, like BTS and bitUSD, and some represent ownership in something off-blockchain which depends on the issuer to honor a promise and thus do have counter party risk. Each has its uses and you can adjust the mix of risks and benefits you own in 3 seconds on BitShares.

Thanks for your time and for your reply Stan. Looks like I need more time reading about the risks and the products that are out on the market. Thanks again, enjoy your weekend!