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RE: Introducing Erik Finman

in #crypto5 years ago

Does @metalpay use a Steem wallet that’s different from this blogging account?

And are there plans to actually allow people to transfer “their” STEEM from their Metal Pay account to their actual Steem wallets? Last I heard, back on July 8th, the Metal Pay team was working on it.

You have a Steem wallet that you’re using with this account...with pretty much no STEEM in it. If you have a Steem wallet and are selling STEEM to your customers, then they should be able to transfer that STEEM from your holding account to their own. But you claim to not have that functionality and whether or not you actually have STEEM is unknown.

At this point, Metal Pay is not looking very non-scammy.

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But, isn't this stinc approved?
Featured even?
If they are 'selling steem' that isn't on the chain, wtf?

Setting aside the fact that the STEEM being sold isn't on-chain, and setting aside the fact that STEEM bought off-chain cannot be sent from one Steem account to another ... @ats-david is making a much more fundamental point:

Does @metalpay use a Steem wallet that’s different from this blogging account?

If 100 people bought 1.000 STEEM each, it would be a good idea if @metalpay would make some effort to show where this 100.000 STEEM is secured on-chain. Even if they must manually do the transfers to the hot-wallet.

The first place one might look when investigating this is here:

https://steemitwallet.com/@metalpay/transfers

But there's no STEEM secured there. So where is it secured?

The plot thickens,...