[ANN][URO] A Real Long Term Currency: 1 Uro = 1 Metric Tonne Urea Fertilizer

[Soul_eater_123]

fair enough, hopefully they have some good responses to match the recent price rise...

Well I wasn't sure if there were any local UK bodies I could ask about this, but I found a link for the ATF in the US.  They would probably be able to say so have tweeted them to check too.

[jasemoney]

lol you tweeted the ATF? I dont know the limits of their jurisdiction but i think bulk urea is outside the bounds of the Alcohol Tobacco Firearms department

[Soul_eater_123]

Yeah I'm in the UK so I don't really know who deals with these things.  Maybe they'll tell me to get lost or something but worth a try:)

[jasemoney]

no worries.  maybe theyd recommend who to talk to, or maybe their to busy to answer offtopic stuffs. 

[Soul_eater_123]

no worries.  maybe theyd recommend who to talk to, or maybe their to busy to answer offtopic stuffs.  

Yeah I was thinking they'd be able to signpost me to whoever would know.  I'm assuming they have a specialised PR person to handle social media, I doubt it would be the actual officers themselves (obviously too busy).

[dleader]

New people read through the ann. The dev has answered many of these questions.

[solid12345]

So how does Buying Urea with URO instead of dollars change that!!!! Everything stays the same and millions of tons of urea is produced and required for its numerous uses. There wont be any anonymous transactions with URO trust me. According to the Uro Protocol, its FOB - so you would have to arrange shipping from port of origin. Am sure you cant arrange shipping anonymously

Ah- and this for sure is not your another pump and dump coin.

I guess we shouldn't be buying petroleum contracts either because I could order a few barrels of oil which can be used as an explosive as well  

You are right though, this is no pump and dump but the future of commodities trading and I suspect the going price in a few weeks will blow away the kiddies in crypto who think a copy pasta coin reaching 10 cents is monumental.

[Soul_eater_123]

New people read through the ann. The dev has answered many of these questions.

Actually the announcement doesn't answer any of my questions but thanks.

[Soul_eater_123]

So how does Buying Urea with URO instead of dollars change that!!!! Everything stays the same and millions of tons of urea is produced and required for its numerous uses. There wont be any anonymous transactions with URO trust me. According to the Uro Protocol, its FOB - so you would have to arrange shipping from port of origin. Am sure you cant arrange shipping anonymously

Ah- and this for sure is not your another pump and dump coin.

I guess we shouldn't be buying petroleum contracts either because I could order a few barrels of oil which can be used as an explosive as well  

You are right though, this is no pump and dump but the future of commodities trading and I suspect the going price in a few weeks will blow away the kiddies in crypto who think a copy pasta coin reaching 10 cents is monumental.

Try buying a million tonnes of petroleum.

[coinits]

fair enough, hopefully they have some good responses to match the recent price rise...

Well I wasn't sure if there were any local UK bodies I could ask about this, but I found a link for the ATF in the US.  They would probably be able to say so have tweeted them to check too.

UGGGGHH!

[solid12345]

Try buying a million tonnes of petroleum.

Try buying a million tons of Urea, 1 URO is supposed to denominate to one ton of Urea.

I live in Oklahoma and obviously the OKC bombing is familiar to me and the fertilizer Mcveigh bought to bring down that building was available at the local farmers co-op for a few hundred dollars. I think something like this ranks far less on any government regime's radar than all these anonymous coins to buy things on the Silk Road for instance.

[kyle589]

Guys how would this change how Urea is bought as far as concerns over explosives? Your over thinking it. Like someone else said earlier people arent anonymously buying anything. You still have to setup shipping. The reason for the coin is to help farmers have a more stable market for purchasing Urea.

[coinits]

Guys how would this change how Urea is bought as far as concerns over explosives? Your over thinking it. Like someone else said earlier people arent anonymously buying anything. You still have to setup shipping. The reason for the coin is to help farmers have a more stable market for purchasing Urea.

Please explain how that works exactly. I'm mining it but I do not understand it yet.

[mamba]

Distributed urea exchange  

You kidding rite?

[coinits]

Distributed urea exchange  

You kidding rite?

Yes we be mining powdered piss.

[kyle589]

Guys how would this change how Urea is bought as far as concerns over explosives? Your over thinking it. Like someone else said earlier people arent anonymously buying anything. You still have to setup shipping. The reason for the coin is to help farmers have a more stable market for purchasing Urea.

Please explain how that works exactly. I'm mining it but I do not understand it yet.

I think the OP pretty much explains it but what do you mean how it works? The market being more stable?

[coinits]

Guys how would this change how Urea is bought as far as concerns over explosives? Your over thinking it. Like someone else said earlier people arent anonymously buying anything. You still have to setup shipping. The reason for the coin is to help farmers have a more stable market for purchasing Urea.

Please explain how that works exactly. I'm mining it but I do not understand it yet.

I think the OP pretty much explains it but what do you mean how it works? The market being more stable?

Yes how does it keep markets stable. Because if this is true then there should be a crypto for all commodities. How about Potashcoin?

[kyle589]

Guys how would this change how Urea is bought as far as concerns over explosives? Your over thinking it. Like someone else said earlier people arent anonymously buying anything. You still have to setup shipping. The reason for the coin is to help farmers have a more stable market for purchasing Urea.

Please explain how that works exactly. I'm mining it but I do not understand it yet.

I think the OP pretty much explains it but what do you mean how it works? The market being more stable?

Yes how does it keep markets stable. Because if this is true then there should be a crypto for all commodities. How about Potashcoin?

Well I think with more hands in it then just the few sellers the price should stabilize. (I think thats what the theory is anyway) And true this could be a step in that direction. Its very ambitious. Time will tell.

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