Jared Tate in the past stated, many people in crypto still don’t understand they are chasing artificially inflated blockchain market caps in top 100 w/ most projects being heavily premined/ preissued & held by a handful of insiders. Digibyte is far more fairly distributed and launched than 99% of projects.
He also recently stated, if you cannot withdraw Digibyte from the place you bought it, it is fake DGB. The point of blockchain is to secure and take charge of your own wallet, private keys & financial future. There will only be 21 billion DGB ever created.
The blame of Fake DGB per community discussions seem to be on UpholdInc.
Twitter Handle Crypto_Kreeper expressed: How does a company like UpholdInc get away with selling a fake cryptocurrency?
Twitter Handle DigiAide replied: Uphold is a solid company, and actually adding DigiByte withdrawals. Sometimes companies start off Synthetic and move into real when they can. That’s like blaming DGB for not being what it is today on day one. Again they announced adding REAL DGB, next stupid comment?
However, someone clarified that Uphold is legit. They also pointed to how majority of the comments seem to be from kiddos not receiving their 100 bucks right away. They do a lengthy background check to confirm who is withdrawing the money goes where it supposed to. Trust me, I’ve already received my Doge profits > $100.00. Thus vouching for the reliability of UpholdInc.
The clarification from Jared Tate regarding this issue was: You cannot withdraw your Digibyte from UpholdInc until they enable DGB withdrawals they are no different than a fractional reserve bank minting fake crypto. The point of DigiByte is to take charge of your own financial future and private keys.
It just looks like Jared Tate is taking very keen interest in every bit of news about DGB and perhaps that is why he is known as the DGB man.
Some of them recommended that you can buy DGB on Bittrex in the US. Others recommended to move the newly purchased DGB to your own Wallet. Others recommended HODL on cold storage, stating they have been holding the coins for nearly 4 years in cold storage exclaimed it might be eventually considered antique.
Also, Jared stated, I am hearing reports of many Digibyte scams for people trying to buy DGB. The only 2 places In the United States I send friends & family to buy DGB directly with USD are AbraGlobal, Billbarhydt, Bittrex Exchange.
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