Uh... I have a few questions.
#1 "HOW" are you able to maintain a "peg" to any amount of FRNs, if you do not know how many exist?
#2 Am I going to be able to mine UniCash? If so, what algorithm does it use? Is it ASIC-"proof" or "friendly"?
#3 Will it be available for trade on the crypto-exchanges? If so, which ones have already pledged to offer your coin?
#4 Does this coin have a blockchain?
#5 How many total UniCash monetary units will there be in total?
#6 What is the confirmation time on UniCash?
#7 "HOW" will UniCash account for fluctuations in the unknown number of FRNs in circulation? Meaning, if the Federal Reserve goes back to
printing an additional 100 Billion FRNs per month, "HOW" will UniCash be able to maintain it's $3.50-$4.10 peg?
-Oz
Since dev is MIA, I will try to explain how this works.
1) He's not peggin anything. Dude is like 16 yr old.
2) You will be able to mine Unicash since it's a Foocoin clone.
3) Atomic Trade. Of course. They are probarbly adding it as we speak.
4) Yes.
5) Officially around 1 million. Unofficially 2 million.
6) Whats with all the fuckin questions? Are you a cop? You have to say so if you are. It's the law.
7) Price will be maintained by buy-backs. Dev promises to buy them back from you later on. Does it look like he was fuckin joking? No.
Uh... If the dev is already MIA.....how is he going to guarantee a buy-back when the Fed restarts QE? As for the questions, I'm a trader.... I do what I can to at least make an attempt to educate myself on possible investment opportunities.
-Oz