Post
Topic
Board Announcements (Altcoins)
Re: [ANN][URO][X11][BITTREX] Long Term Currency Backed by 1 Million Tonnes of Urea
by
raskul
on 02/06/2014, 08:13:41 UTC
raskul: Please present evidence that I am lying, or otherwise stop you defamation. Everything I have written on this forum is true.

Maybe what u said is true. But it doesnt work on crypto. I guess u dont understand how crypto works.

You don't understand how a free market works. Stop thinking in narrow, crypto-specific terms and you will better understand what is happening.

Maybe i dont understand how free market works but i certainly understand how crypto currencies work more than u do. U are using crypto. If u want free market , go back to trading face to face with 1 MT Urea. Why create URO crypto currencies when u dont even understand how it works ?

Uro allows Urea to be hedged and traded efficiently without a centralized intermediary - can you think of a better solution?

you previously stated that most Urea purchases already work using face to face transactions, which I would presume means those grubby paper things that farmers like to stash in their wallets.

CASH, it's called.

The price of Urea is not liquid because of this - leading to many farmers being ripped off on a massive scale - Uro changes this.

Quote
many farmers being ripped off on a massive scale
is exactly the reason you will not be able to sell this to farmers.

Quote
those grubby paper things that farmers like to stash in their wallets.
is exactly the reason it will fail.