Re: GAW / Josh Garza discussion Paycoin XPY xpy.io BTCLend LNC. ALWAYS MAKE MONEY :)
Two things stand out:
1. 'some guy' just handed over a virtual coin shitting machine to me dunt know who he is or what it is
2. unlicensed at the local level has always been the contention. this has been discussed everyone from day one
http://www.newsbtc.com/2015/10/07/cryptsys-ceo-a-hard-man-in-the-face-of-coinfires-aggro/
1. 'some guy' just handed over a virtual coin shitting machine to me dunt know who he is or what it is
2. unlicensed at the local level has always been the contention. this has been discussed everyone from day one
http://www.newsbtc.com/2015/10/07/cryptsys-ceo-a-hard-man-in-the-face-of-coinfires-aggro/
What I find funny is that the article is pretty clear. I wrote it so I thought it was clear. The licensing isn't the real issue here. That is just a minor issue in the vast sea of many other issues.
They keep focusing on the smallest issue though and instead ignore the bigger repercussions of the other issues.
This isn't about a license, this is about a full on manipulation of markets, manipulation and involvement in other aspects of altcoins.
They seem really focused on what is the most minor of issues instead of the larger, major ones.
The last time I checked (~6 months ago) Cryptsy was bringing in a grand total of about 4 BTC per day in trading fees. And Paul Vernon says that Cryptsy has ~20 employees (I have heard as high as 30) in this "article". Where does the money come from to pay all those wages and rent for a big fancy physical office and such? What exactly are all these employees doing? Certainly not customer support, that's for sure.