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Brown Cafe UPS Forum
UPS Retirement Topics
Bitcoin/Ethereum/cryptocurrencies
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<blockquote data-quote="Brownslave688" data-source="post: 3206084" data-attributes="member: 34439"><p>"Your crypto is never stored on their systems. There’s no need to trust TenX to hold your money. You are your own bank. The system uses the magic of <a href="https://blockgeeks.com/guides/smart-contracts/" target="_blank">smart contracts</a> to automate the process of transferring cryptocoins to your card. In essence, the contract self-escrows the money and releases it to the network as needed. The conversion to old world money, like dollars and cents, happens on the fly as you pay."</p><p></p><p></p><p>Quoted from</p><p>The article I linked. The conversion happens in real time on the fly.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 3206084, member: 34439"] "Your crypto is never stored on their systems. There’s no need to trust TenX to hold your money. You are your own bank. The system uses the magic of [URL='https://blockgeeks.com/guides/smart-contracts/']smart contracts[/URL] to automate the process of transferring cryptocoins to your card. In essence, the contract self-escrows the money and releases it to the network as needed. The conversion to old world money, like dollars and cents, happens on the fly as you pay." Quoted from The article I linked. The conversion happens in real time on the fly. [/QUOTE]
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