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Re: Legendary account seller
by
suchmoon
on 27/01/2019, 01:26:58 UTC
A lender would demand a signature from a staked address of the account up for collateral to ensure it is not hacked to guard against that.
Are you, suchmoon, against lenders holding accounts as collateral as long as they don't then sell them? Like Darkstar does..

I would prefer they wouldn't do that. I could never understand why accounts should have any monetary value at all. The value is what someone is willing to pay for it, right? No sales (as in "extremely frowned upon nowadays") should mean no value.

Having said that, I'm not that naive and I realize that unless drastic measures are implemented (e.g. changing password/e-mail/staked address resets all trust, merits, etc) we will have people trying to cash in on that perceived value, so its the lesser of the two evils to have reputable lenders (like DarkStar_) who at least prevent those accounts from falling into the hands of scammers.