So I was browsing
https://coinmarketcap.com/
just for fun. And I saw this coin near 100( this was a while ago, I’m
not sure if it is true still), veritaseum. And I thought to myself,
oh, like the youtube
channel?
Well, no, it is not that. This isn’t
the first time I have confused a
cryptocurrency name with something else.
But this coin still is interesting.
It looks like you can “rent” your
tokens (kind of like the margin loans I make on Polo). I’m not sure
of the details exactly, but here is the site.
https://veritas.veritaseum.com/verent-platform
I will have to look into it more.
But, it looks like Polo is now ending
the margin loans for US customers. Polo probably should be issuing a
1099 INT for each margin lender, but they don’t. Instead of
correcting this, it looks like they are doing the easier solution and
just ending the service. I probably will move to another exchange
after this.
And, as might note in my last post, I
am probably leaving Cryptopia as well. I’ll let you know when I
find a new place to go.
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