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Comment by ucaetano

Reposting from another thread:

I recently created my own cryptocurrency, UCaetanoCoin (UCC), with a supply of 100 trillion and one coins, all owned by me.

I sold one to a friend of mine for $0.01 yesterday, which made me not only the richest person in the world, but also the first trillionaire, as the coins I own are valued in $1T USD.

And my UCC has a total market cap of $1T USD (and one cent). Then I exchanged a single coin with myself for $0.01.

As my coin has zero transaction cost and instant transactions (it's a badass coin), I traded it back and forth with myself 100 quadrillion times.

This generated a total traded value UCC-USD of 1 Quadrillion Dollars yesterday, more than any other security was ever exchanged in a single day.

Anyone wants to invest on my UCC? Here's my white paper:

https://cdn.shopify.com/s/files/1/0858/9696/products/122_102...

parent ucaetano 8 years ago

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