Quote from: MertinHervort on September 03, 2020, 01:10:45 PM

1 SIMBA = 1 Satoshi, but what advantages will I get by storing Bitcoin on your platform?

Hello!
All cold wallets seem to be virtually invulnerable to hackers, however, they have several significant drawbacks depending on the type of cold wallet:

1) When it comes to Desktop wallets:
A desktop wallet is installed on a computer which should be prepared for storing cryptocurrency assets only. This computer should not be used for any other purpose.

You need to install special software and do not use the computer for other purposes. It turns out that you are tied to a large piece of iron, from which it is impossible to quickly transfer your bitcoins. This is inconvenient, and not suitable for all beginners.

2) Speaking about Hardware wallets such as Ledger or Trezor (produced in the form of USB sticks) they ensure the safe storing of private keys.

In case of theft or loss, access to accounts can be restored with a back-up phrase. BUT If you have lost both the backup phrase and the private key, then you can say goodbye to your bitcoins forever.

By storing your bitcoins in SIMBA Storage, you can get access and withdraw your bitcoins in full amount within 24 hours, even if you have lost all passwords and access to your wallet. Since each client can go through the KYC procedure when registering an account, in case of loss of the recovery phrase and private key, he can get access to his money. 😉

Besides, every user gains the the ability
- to transfer Bitcoins as an inheritance, in case of tragic accident or deаth ,
- to create a trust fund for your family,
- to pay in shops or online services in SIMBA tokens without having real BTC in hand (soon in 2021)

The company plans to accrue up to 10% of the profits from its activities to SST token holders starting from 12 months, which makes it even more attractive for investors passive income.

Quote from: Mikle772 on September 08, 2020, 07:24:08 PM

Quote from: aidit45@gmail.com on September 08, 2020, 10:20:31 AM

I think it affects the price of Bitcoin, because the source of value used is bitcoin itself. If the price of 1 satoshi = 1 cent then the price of 1 Simba is also 1 cent, if the price of 1 satoshi goes down then the price of simba will also go down as well.

Why do you think they linked the price to btc? What is positive about this?

We convinced that the era of fiat-backed currencies is going away because fiat is losing credibility due to economic shocks and lower incomes of ordinary citizens. At the same time, cryptocurrencies are only gaining popularity.

Quote from: Herbalavdd on September 07, 2020, 10:27:59 AM

Hello, people. I would like to understand what exactly the project offers its holders? If I get a lot of SST tokens, what will I get?

Hello! Read more in our article: https://medium.com/@simbastorage/sst-token-price-increase-of-up-to-1500-e506dd864218