not at all
the only difference between traditional banking institutions and payment processors and crypto currency
is ACCOUNT SOVEREIGNTY
if you throw away ACCOUNT SOVEREIGNTY
then crypto is just as big a scam as the banks are
RE: Dear Blurt Community & Followers
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Dear Blurt Community & Followers
Yeah, you do have a point there... BUT
If they have never logged into that account (meaning, that it has never actually been activated)....
Did it ever exist?
Can you even call it an account?
you're thinking with a corporate-mindset here
once you give something to someone
you can't take it back
I don't think that is corporate... If I were to make you a present, let us say a bicycle... and you don't come by and pick it up, does that mean I have to keep it in my cellar for you the rest of my life? ;)
it has already been delivered
and it is causing you no inconvenience whatsoever
no, you never came by and picked it up... 😉
how are these unclaimed accounts inconveniencing you ?
They are taking away space.... Just like the bike in my basement, that you never picked up... ;)
No, fun aside...
There would only be 400 million Blurt supply left, instead of 475 million... The less supply the better the price...
total supply doesn't affect market price
only AVAILABLE SUPPLY affects market price
the bow is a specific reference
In the song or the burn topic? 😜
in the music vdo
He's holding it....
it's a reference to this,
yes, for example
i have been "air-dropped" bitcoin-cash and bitcoin-gold and super-bitcoin and bitcoin-private
i have never "logged on" to any of those accounts
but they are still mine
if and when i choose to spend them
I’m not endorsing unclaimed airdrop user wallet burn, that was more Jacob’s suggestion, I’m for unclaimed exchange balance burn because those are tokens that belong to users that were never honoured by exchanges and after so much time I doubt they have snapshots of which those funds belong to after 2+ years. So the best way to collectively benefit users would be to burn for the good of the greater ecosystem.
Btw i had some btc in a custodial wallet that never honoured the BCH airdrop and thus I didn’t get it and they enriched themselves.
exactly
notice how the bitcoin network doesn't pick specific accounts to freeze or burn