⚠️ Beware: Risks of Tokens That Can Be Taken Back on Bitshares! 🚨
Hey crypto fans! Bitshares rocks—fast, cheap, decentralized—but some tokens can vanish from your wallet! Creators can reclaim ‘em, or gateways like XBTS can freeze ‘em. My tokens—DECENTRALIZED, DIGITAL, VIRTUAL—are scam-proof, and I’ll show you why they’re safer than most! Let’s break it down! 🤑
🏦 Bitshares 101: Tokens Explained
Bitshares lets anyone make tokens—like my CURRENCY frenzy at https://bts.exchange/#/market/CURRENCY_HONEST.USD! The core token, BTS, powers it all, but custom tokens have settings (tickers) that can turn risky. I’ve got airdrops running at https://t.me/decentraliz3—safe and free—but not every token plays nice! 🔍
🎚️ Ticker Options—Know the Risks
Creators pick these when making tokens:
- Enable market fee: Takes a trade cut (e.g., 0.1%)—fine if upfront, shady if not!
- Require holders to be white-listed: Only “approved” holders—control freak alert! ⛔
- Asset owner may transfer asset back to himself: RED FLAG! They can yoink your tokens anytime!
- Asset owner must approve all transfers: Every trade needs their nod—zero freedom!
- Disable confidential transactions: No privacy—everyone sees all!
- Max supply: Caps total tokens (e.g., 100B for CURRENCY)—safe and simple! ✅
My DECENTRALIZED (https://bts.exchange/#/market/DECENTRALIZED_HONEST.USD), DIGITAL (https://bts.exchange/#/market/DIGITAL_HONEST.USD), and VIRTUAL (https://bts.exchange/#/market/VIRTUAL_HONEST.USD) only use Max supply—no take-back tricks here! 😎
🚨 Risk #1: Take-Back Tokens
If “Asset owner may transfer” is on, the creator can steal your tokens—no hack, just a button! It’s legal on Bitshares if set. Someone online got hit—XBTS froze his funds, maybe a token like xbtsx.btc with this ticker. One day you’ve got value, next day it’s gone—they don’t even need to warn you! 💀
🌉 Risk #2: Gateway Freezes
Gateways (e.g., XBTS) swap real assets (BTC) for tokens like xbtsx.btc—an IOU. But they can freeze withdrawals or seize funds if they suspect scams. No trial—just locked out! That guy’s BTC might be stuck in XBTS’ gateway, not even a “take-back” issue. Middlemen = mess—unlike my direct drops! 😬
🔒 My Tokens: Built Safer
Why hold DECENTRALIZED (https://bts.exchange/#/market/DECENTRALIZED_HONEST.USD), DIGITAL (https://bts.exchange/#/market/DIGITAL_HONEST.USD), or VIRTUAL (https://bts.exchange/#/market/VIRTUAL_HONEST.USD)?
- No Reclaims: “Take-back” is OFF—I can’t touch ‘em once they’re yours!
- No Gateways: Straight from me or the market—no freeze risk!
- Max Supply Only: Just a cap—no sneaky powers!
Other tokens with “take-back” or gateway IOUs? You’re rolling dice. Mine? Yours forever! 💪
👍 BTS: Core Token Safety
BTS is golden—no single creator can reclaim it. Run by Bitshares’ decentralized network (witnesses, committee), it’s free of “take-back” or gateway risks. Pair it with my tokens, and you’re scam-shielded! New? Learn more at @freehiveblog/bitshares-user-s-manual! 🛡️
💡 Take-Back Risks—Deep Dive
- Instant Loss: Creator grabs tokens—wallet’s empty overnight!
- No Heads-Up: Bitshares allows it if ticker’s on—no notice!
- Scam Setup: Freebies lure you, then they pull ‘em—XBTS suspicions hint at this!
- Gateway Lock: IOUs freeze—your BTC’s trapped with no way out!
- No Fix: Blockchain says it’s fair—tough luck!
🌈 Why My Tokens Win
- True Control: No “take-back”—they’re yours, period! 😴
- Direct Deal: No gateway middlemen—pure Bitshares trades!
- Clear Rules: Only Max supply—no hidden catches!
- Frenzy Fun: Like CURRENCY (100B at $96K), they’re hot—join the jackpot chase! 📈
🚀 Stay Safe—Grab Mine!
Hold DECENTRALIZED (https://bts.exchange/#/market/DECENTRALIZED_HONEST.USD), DIGITAL (https://bts.exchange/#/market/DIGITAL_HONEST.USD), or VIRTUAL (https://bts.exchange/#/market/VIRTUAL_HONEST.USD)—no scams here! Join my airdrop at https://t.me/decentraliz3—9 spots left! Get started at bitshares.org/wallet or @freehiveblog/bitshares-user-s-manual. Buy at https://bts.exchange/#/market/CURRENCY_HONEST.USD—support @Decentraliz3! Share this—stop the scams! 🎈
