Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
basedjones
on 24/03/2015, 05:10:38 UTC
Anyone keen on seeing automatic withdrawals??

It would be beneficial in my eyes.


It makes the system more vulnerable to a hack.


Hash owners being responsible for their own account is better in my eyes.

How, exactly?

As I see it, the only response seen from Bitmain about this is "it's in our interest to keep your money here" which really leads me to believe there could be a fractional reserve kinda thing going on.

I wouldn't doubt there is some fractional reserve-ish type activity going on, but regardless, it can't be any worse than the bank in which you hold a checking account. They make a 9-1 profit off of every fiat dollar you deposit.