Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mistah on May 27, 2021, 08:38:50 PM



Title: Simba Storage Token: Could it have a bright future?
Post by: Mistah on May 27, 2021, 08:38:50 PM
Hello, i discovered recently a coin named simba storage token (SST). Their goal is to store Bitcoin very securely and it seems to me thats its safer than a cold wallet or an exchange. For me, its a good project and i dont see any kind of this project in the market. Its not very well known yet and i hope we can start a discussion about the potential. Thanks! (Sorry for my english, i am not a native speaker.)  https://simba.storage/


Title: Re: Simba Storage Token: Could it have a bright future?
Post by: ryzaadit on May 27, 2021, 08:44:11 PM
LOL store bitcoin very secure? while you can't even have your own seed/key, remember "Not your key, not your crypto" that you just deposited to their platform not even a wallet! There already have a few wallets you can use to store a bitcoin went you have a full control of the wallet, that's is the safe way to store your crypto not deposit to the platform while you can't access to your own wallet key.


Title: Re: Simba Storage Token: Could it have a bright future?
Post by: zasad@ on May 27, 2021, 09:13:59 PM
How many bitcoins are there in DeFi?
https://bitcointalk.org/index.php?topic=5281639
It's been invented for a long time

Good statistics
https://simba.storage/transparency

I have read the information about the project
https://bitcointalk.org/index.php?topic=5260056.0
The team consists of young people with no achievements in the cryptoindustry and 5 out of 6 team members are Russians.
I was not interested in this project.