Post
Topic
Board Service Discussion
Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
by
jmordica
on 21/04/2015, 18:35:12 UTC
To Eric and Joe back away from PayCoin 100% and destroy your coins. Prove it.

Actions speak louder than words. Publicly state that PayCoin is a pre-mined scam coin and the whole enterprise, and anyone involved with its development, promotion, or sale is a scammer.

I do not, nor have I ever, owned a single Paycoin.

I was never issued any by the company, nor have I ever purchased one from the company nor any person or exchange.

The only time I've ever interacted with Paycoin was building the company wallets and initial prime controller daemons.

TL;DR, I have no coins to destroy, kind sir.

In my opinion Eric has proven (and has been proven through documents I've read) he was one of the clean ones involved in the company and got out when he realized the big picture.  Joe on the other hand sits on the council of Primes. Off the top of my head he owns 5 PC's and is leasing some out to XPYtrust.

I will say this once again. I do not own anything (Paycoin or Prime Controllers). Hopefully this is clear. I never owned a Prime Controller. I never owned a single Paycoin (or a fraction of it). I was part of the team that worked on the Paycoin project. I was promised Paycoin among other things but never received any compensation/assets besides my salary while working at GAW (which I assume you have all seen by now).

I am a volunteer on the XPYTrust board which manages 5 Prime Controllers. I am in the process of putting together a bold approach to burn many of the Controller Coins and stake. When this proposal is finished I will present to Paycoin Foundation and XPY Dev for review. The plan consists of some of the items discussed a couple of pages back in this thread referring to a 50% cut of the coin and hyperinflation.

I believe this to be the only approach (if executed correctly) to give Paycoin a chance at survival. I will be offering up my position as a volunteer on the XPYTrust board if this approach (or something similar) fails to be successful and/or gets complete.

XPY has taking a beating (for obvious reasons) and may not be able to stand for much more without such drastic change to the current design.

Um Joe, we have all the emails where you blackmailed Josh Garza and then he came up with the offer of a prime controller(s) to pay you off. How do you reconcile this with your bullshit story? 

I was offered Prime Controllers that didn't belong to him. This was not my idea (as you can see from the email), although at the time I did consider the deal. Of course (if you read further in the email thread) I couldn't move forward with the deal as I was not comfortable with the situation of someone offering someone else's property as payment. Additionally I declined any future business relationship with Garza in the same thread.

Again, I have been a part (and even led) a business that I have many regrets of and welcome criticism for my actions. It's important to state that I'm not proud of this by any means. During my last couple of months at GAW I became someone I wasn't proud of and considered performing actions that I would have never considered before. This feeling is what led to my exit along with the decision to attempt to rebuild professional relationships with local businesses that were not compensated by GAW for their work during my time at GAW.

Given the opportunity by XPY Dev and the Paycoin Foundation to become a volunteer for XPYTrust was the least I could do to help the community and be a part of building the currency as originally intended. I thought I could begin to help those that lost so much during my time at GAW. My proposal to the Foundation and XPYDev will consist of a large coin burn along with ending the hyperinflation (which is not exactly what the white paper describes Paycoin to be but I feel it is necessary at this point).