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Bits and Pieces - Poloniex Freezes Accounts

Ranting on Poloniex today.

Freezing IRS Takeover

I knew this was coming - got out of (dot)com-exchanges months ago when they all started getting hacked and Poloniex lost $21,000.00 worth of Steem. I saw a lot of Bittrex customers being locked out too. So, I went all in and jammed my funds into bitshares as you all know.

I occasionally put a couple thousand worth into Poloniex, traded it and pulled it right back out.

That was the plan for tonight but when I got there and confirmed my authentication code I was faced with this screen. Note the key word government which is the real problem.

poloniex-idrequired.jpeg

spacerhtooms.jpeg

Yeah, I really don't think so.

I pride myself and my hundreds of wallets on being confusing as to who I am if not totally anonymous by way of quantity. An ounce of preventions is worth a ton of cure,and by prevention I mean keeping less than a couple dollars in your account. By cure I mean trying to find a willing party to fake an ID for you. I will just leave it there and post this as a warning to you all who might have any quantity of coins on these hacker-havens.

Account Frozen.jpeg

Trust. It takes years to build & seconds to destroy

The list of unsafe sites for freedom-loving, bank-free, individuals is growing.

  • gox (hacked)
  • bitstamp (hacked)
  • grails (hacked)
  • bittrex (keeps funds for fun)
  • poloniex (keeps funds for fun)
  • github (I don't use microsoft sites - ever)

How many more can you name? I won't be visiting any of these soon!
If you have not read the mandatory Steemit policies, you should. I am powered down and encouraging others to do so. Word of mouth brought people in and it works way faster on taking them out.

So why have I not been so jazzed about posting on Steemit? When a blockchain needs to have an option to cut off your account. Time to find another blockchain.

spacerhtooms.jpeg

http://i.imgur.com/nDzBauO.jpg?1**Thanks for taking the time to read and comment!**

https://i.imgur.com/S6XX7BH.jpg?1

Remember. Your job is to make sure people know that simply putting it "on the blockchain" does NOT mean that it is on a reliable, secure, decentralized, distributed, blockchain.

92 upvotes 1 downvotes $19.25

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