Re: [ANN] NeuCoin - Easy to use, free to try, focused on micropayments - Official
From the "NeuCoin Token Presale Terms":
And then:
"How Seychelles became a paradise for dirty money and corruption" - the headline of this story: http://www.taxjustice.net/2014/06/10/corrupt-little-seychelles-became-paradise-dirty-money/
Quote
You agree that the laws of the Republic of Seychelles, without regard to the principles of conflicts of laws thereof, will govern these Terms and all matters relating to your purchase of NeuCoin Tokens, including all disputes between you and Company.
And then:
"How Seychelles became a paradise for dirty money and corruption" - the headline of this story: http://www.taxjustice.net/2014/06/10/corrupt-little-seychelles-became-paradise-dirty-money/
http://www.neucoin.org/en/purchase_agreement
Why Seychelles? I thought this was based on the Isle of Man (which is also host to a lot of shady things too).
In other words there are no terms of service, because you'll just tell you to argue with some lawyer in the Seychelles who can't be accessed and/or the law is on their side. Seychelles is always host to boiler room scams.
http://en.wikipedia.org/wiki/Boiler_room_%28business%29
A valuation of $3 million for a fork of Peercoin and inflation to the moon that'll only benefit the founder? You don't say?
Why doesn't everybody just fork Peercoin 10 times on their computer and be a multi-millionaire with a valuation of $30 million? Why don't we give computers to impoverished people and tell them to fork Peercoin too? Poverty could be ended tomorrow.