I think the counterparty concept is neat and I applaud the creators, however I feel this opens up concerns for high levels of fraud from dishonest people who create coins and sell them for USD. They have you set up a freewallet and then they transfer the tokens to your wallet when you give them USD whether that is cash, check, or venmo transactions. I would like this question to be answered by a creator like J-DOG, as I feel this platform was not created for financial fraud but for people to better understand blockchain technology and also to help the cryptocurrency following to grow.
THE BIG QUESTION
Can any of the tokens created through countryparty/coindaddy ever be moved to be traded on a cryptocurrency platform like coinbase, robinhood, binance, etc and exchanged for USD or BTC? I think there is a big misconception here that these tokens will one day be worth thousands/millions of dollars.
I will just expose the elephant in the room here. The token/asset MYBLT was clearly created on your counteryparty/Coindaddy platform. The registered owner 12S6q5t5hsEjovQxwbPn8rNVrcfwfK8VVc has been selling this coin to innocent people in exchange for USD and telling the people that it will soon go live on all the major crypto trading platforms and will mirror bitcoin and essentially be worth more money that Bitcoin. MYBLT holders were told it was going to go live the end of March but now recently they have been blaming the delay on Counteryparty saying counterparty is having problems. I am sure countryparty does not want to be responsible for such lies.
J-DOG can you please respond and tell everyone wondering when this coin is going live that it never will as these token/assets are meant for peer to peer trading and used “PURELY FOR FUN” as stated in Coindaddy Introductory video. Thank you for your time.