6. What am I missing?
I would say the massive amount of BTC that has been scammed by shady people selling loaded collectibles is what keeps this hobby from being taken seriously. Not to mention creators that don't scam their customers are attacked by alt accounts of other creators in an attempt to funnel customers away from them leaving new users unsure of who can be trusted. Just look at the people who leave me negative trust feedback for selling $100 coins that are backed by an entire organization and community of people which also accumulate BTC, but leave positive trust to folks like Bitcoin Penny who stole from their customers and are now selling $30 pieces of silver backed by nothing that don't accumulate anything or even have holograms for
$150! Not to shit on BCP, but that's just one example of the hypocrisy here that a compromised trust network has fostered. Until it's more clear who can be trusted and who is just trying to get some easy USD pretending to be friends with users here in chat rooms all day to fleece their "friends" with overpriced goods, I think this hobby will continue to struggle. Just my $0.02 as someone who has been heavily involved in this trade for more than 13 years.
maybe you have missed the red trust that has been left against him? or the flag that was raised? as for your coins accumulating Bitcoin - they do indeed or rather your address accumulates and if we reach threshhold (after another 15-20 years) you will pay out to our address. Mine has been accumulating for 3 years and I am at less than 6% of the way to reaching the minimum for distribution. So, if I am lucky and based on the average gains, I should reach payout in another 94 years - in which time we will be dead and you will never have to make the distribution and whoever gains your Bitcoin will not have to worry about the seats - they can just spend it. I bought the coins to go in my collection because they are historical alright. Historical in recording the ponzi.