Quote from: DecentralizeEconomics on September 29, 2015, 06:24:32 AM

Quote from: sidhujag on September 29, 2015, 05:51:56 AM

Quote from: DecentralizeEconomics on September 29, 2015, 05:29:00 AM

Quote from: sidhujag on September 29, 2015, 05:09:41 AM

its a UIA and the owner can do as they please, similar to synereo on bts chain. i guess you would have a problem with synereo controlling the supply of their asset aswell.

I'd immediately sell all my AMPs if the Synereo devs announced that they "may seize AMPs from any account if you fall out of favor and anyone who complains in any way about how AMPs are issued or how I use AMPs is certainly not in my favor and may lose any AMPs they have earned".

Thats to allow accordancd with the law, we dont live in fairytale land. If you create a uia and sell for real money you bet your ass you will be in trouble now that they crack down on crypto ipos and transfers for equity.

You can always relinquish that control by throwing your keys.. Something you might do.

But it's ok to sell (Bit)SHARES without registering with the SEC?

Quote from: StanLarimer on January 06, 2015, 04:49:54 AM

Of course. BitShares is a company! If the owning stakeholders think that will make them more profitable and grow faster, why can't a company decide to do that?

In the short term, while shares are worth pennies

...

Remember, BitShares is a company, not a currency.

It seems that Stan and Dan only want to comply with the law when it suits their best interests.

Bitshares is not issuing an ipo like a uia is essentially doing.