Silver Starian

[tobeyrowe]

The Silver Starian is a new digital currency that has been made using the NXT system and is a silver backed currency called Starian for short but Silver Starian for long version. I currently have 36 ounces of silver to start off backing the Starian and every time someone exchanges fiat USD for Starian the USD is quickly transferred into physical silver bullion by buying the silver from online silver companies and the silver is shipped to my house were it is stored in a safe. The value of the Silver Starian will be determined by the value of the silver held in the safe by how much Starian is in circulation. So if you have any questions or would like to use the Silver Starian then please contact me via email or Skype. My email is austin11rowe@gmail.com and my Skype is tobeyrowe. Also please do not bash me by saying its a scam since I technically cant prove that I have the silver even though I do so basically your just going to have to trust me. Im sorry for not being able to prove it but theres really no way of doing it. So if you can actually trust in this then please just contact me using the contact information I provided above. Thank you and I hope to hear from you soon.

[Snail2]

Sorry mate, but a safe in your house isn't something what I'd consider as a safe place. Perhaps a locker in a bank or an account at a commodity bank with a possibility of tracking of the amount of silver stored would be a better option.

[intristin]

Nevermind the silver standard, anything on the NXT system is dependant on NXT, a for profit venture, surviving. If they go under every asset (fake cryptocoin) attached to it goes down in flames.

[crypto jerk]

Very interesting approach.

I think in your case you need a third party auditor/ verifyer.


Im sure no one here will mind if your mom fills that duty.

[EvilDave]

Nevermind the silver standard, anything on the NXT system is dependant on NXT, a for profit venture, surviving. If they go under every asset (fake cryptocoin) attached to it goes down in flames.

Nxt is a decentralised crypto-platform and currency, completely open source with no corporate elements. It was created to offer functionality that BTC simply can't provide.....one thing that Nxt isn't is a for profit venture.
As Nxt is as decentralised as possible, and run on a voluntary basis, it will take a disaster with all crypto to make Nxt fail.

Compare the structures of corporate systems like Ripple or Bitshares to that of Nxt.....see the difference?