*The Matrix* captures it quite accurately:
Waking up from the system hits you with that literal nausea. It’s realizing the "wholesome, innocent" vibes around you are just a skin suit for pure, calculated greed. The claws are out, the mask is off, and the plot twist is disgusting.
Metallicus is a fintech infrastructure provider and a Credit Union Service Organization (CUSO). It does not act as the licensed financial issuer itself.
https://t.co/BFAlrE9Jki
native mainnet of Metal Blockchain recorded only 88 transactions today.
Ghost town
MTL Homecoming as the gas fee for 88 txa/day?
Migration periods also face huge "lock-up" traps.
how many people will get trapped?
For what??
$XMD is NOT a Federally Approved "Payment Stablecoin"
It is a Stablecoin "Index", Not a Bank-Backed Coin: $XMD is structurally an index token wrapped in a smart contract.
it is not Safer than STABLE coin!
ethereum:0xf433089366899d83a9f26a773d59ec7ecf30355e $METAL $XPR
Liquidating when the market is closed
Illiquid Liquidation?
Far worse than binance
In an open market, an illiquid liquidation will almost certainly trigger a death spiral.
Will they come back ?
$XPR
get a $1,000 "interest-free" loan, you must deposit $2,000 of your own Bitcoin or Ethereum. The platform then takes your volatility risk. If the market drops, they liquidate your funds. They didn't charge you interest, but they took your principal asset at the bottom of market.
@FoundationHQ@H100Trader I really appreciate how you handled the follow-up remedy—unlike Marshall Hayner, who didn’t even offer an apology.
https://t.co/R0Xv7tZRji
Just in case the internet forgets: WebAuth wallets are insecure. Hackers can inject an "ACTIVE KEY" into your wallet, take control of it, and drain your funds. WebAuth is merely an app
its security can never compare to that of a hardware wallet. Don’t be fooled by the CEO’s shill
Just in case the internet forgets: WebAuth wallets are insecure. Hackers can inject an "ACTIVE KEY" into your wallet, take control of it, and drain your funds. WebAuth is merely an app
its security can never compare to that of a hardware wallet. Don’t be fooled by the CEO’s shill
Just in case the internet forgets: WebAuth wallets are insecure. Hackers can inject an "ACTIVE KEY" into your wallet, take control of it, and drain your funds. WebAuth is merely an app
its security can never compare to that of a hardware wallet. Don’t be fooled by the CEO’s shill
Like a Russian nesting doll, they locked retail investors into different technical cages over and over again. Every time a hack occurred or the price crashed, they simply changed the ticker, migrated to a new chain, and continued illusion of the future of finance
The sole reason $XMT exists is that when the project team lacked the capability to build a massive external ecosystem, they repeatedly issued tokens under new names (MTL → XMT → METAL) across different "subnets" and "shadow chains" of their own creation.
Old version of MTL ran on ETH
All token movements were 100% transparent.
Everyone worldwide could see it clearly on Etherscan
They cannot operate in a black box or manipulate the rules
The cost of market control and wash trading on Eth was too high!
that's why they go home!
@MarshallHayner At the Top: A headshot of founder Marshall Hayner — Sporting a confident smile alongside his quote, highlighted in gold and purple: "Soon you will be able to keep crypto savings inside the bank and credit union. The next best option will be Yubi and WebAuth."
Great design👇
The brighter the neon, the flashier the tech aesthetic, and the bigger the bank building, the easier it is for retail to overlook the ugly on-chain truth: a dead mainnet, zero liquidity, and absolute centralization.
BTC and ETH side-by-side with their shitchoin
@MarshallHayner On the Right: Flashy mobile apps and tokens (Yubi, WebAuth, M, XPR) — Radiating high-profile neon glows, the visual implies: "We are capable of stuffing this cool, futuristic technology right into that conservative bank on the left."