Quote from: Come-from-Beyond on December 04, 2015, 08:52:06 PM

Quote from: DecentralizeEconomics on December 04, 2015, 08:38:11 PM

So, will investors who hold Jinn assets after the IOTA redemption period is over be legally transferred profit-shares?

2. They will get what was promised 14 months ago.

Quote from: Come-from-Beyond on December 04, 2015, 09:01:55 PM

Who was promised of "profit-shares"?

Quote from: Come-from-Beyond on December 04, 2015, 09:23:07 PM

There was a lot of misinformation spread by those who wanted to sell JINN for as higher price as possible. Maybe they were just scammers, there are a lot of them in cryptospace.

https://nxtforum.org/news-and-announcements/%28ann%29-jinn/msg156081/#msg156081

Quote from: Triangle

Instead we'll ask everyone who holds Jinn tokens to give us their contact information (we'll need this in preparation for the legal transfer of profit-shares in the near future anyway) where we'll answer more intricate questions, without opening ourselves up for scruitiny from every angle imaginable in public.

Are you seriously going to act like you don't know who was promised "profit-shares"? "EVERYONE WHO HOLDS JINN TOKENS" was promised to be "legally transferred profit-shares" according to Triangle (aka David Sonstebo / Uniqueorn / iotatoken).

Quote from: Come-from-Beyond on December 04, 2015, 08:52:06 PM

1. They are not investors.

I'm curious as to what you think they are then? Charitable donors?

Quote from: iotatoken on December 04, 2015, 09:38:48 PM

Yea sure you know more than a team of lawyers. Ok, great.

It's software, it's not a cryptocurrency. It's a cryptograhical token that can represent ANYTHING. It can represent computational data, computational power, bandwidth, jesus juice, whatever. It's NOT a cryptocurrency.

Really? Then why did you describe it as such?

https://nxtforum.org/news-and-announcements/iota-jinn/msg201696/#msg201696

Quote

It is an open-source, decentralized cryptocurrency that is meticulously engineered specifically for real-time micro-transactions in an environment that requires scalable flexibility and lightweight hardware.

https://nxtforum.org/news-and-announcements/iota-jinn/msg201723/#msg201723

Quote from: Triangle

IOTA should not be considered a cryptocurrency, even if it may have been described as that by us or others previously.

Quote from: Come-from-Beyond on December 04, 2015, 10:43:30 PM

2 years ago I posted on this forum how many fucks I give to USA laws, nothing changed since that. Thank you for the advice not be so smug, but I won't follow it this time. Cheesy

Quote from: Come-from-Beyond on December 04, 2015, 10:34:03 PM

So you meant USA jurisdiction it seems. Interesting, what odds that the USA can enforce its laws against me, a citizen of a country belonging to the opposite political block, a country that is under heavy economical sanctions initiated by the USA, a country that is protected by Russian nuclear fist...

Do you have the launch codes and command authority to extend this nuclear protection to David Sonstebo who is in Norway?

Quote from: smooth on December 04, 2015, 10:09:58 PM

I never discredited anything. If you think questioning double talk is discrediting, then you must feel you are on shaky ground somehow.

When you claim that people who are buying an asset with the prospect of appreciation (or who were allegedly promised profit-shares) are not investing in it, that is double talk.

Legally, I don't even care, nor do I find those discussions interesting since legal systems tend to get so complex that only specialists can even have a hope of understanding them (and even then they disagree). I'm mostly an anarchist, so as long as what you are doing doesn't mislead anyone, do what you want. But you can't stop questions about it on an unmoderated thread.

The truth of the matter and reason behind this flip-flopping is because David Sonstebo has no clue regarding the proper legal procedures to follow to be in compliance with the law. This is why he promised "profit-shares" to Jinn holders and is now saying, "Well, they aren't investors." This is why he stated that IOTA was a cryptocurrency and is now backtracking and now saying that it isn't a cryptocurrency. He either didn't consult with knowledgeable legal counsel before he started selling assets or has incredibly bad legal counsel. Obviously, Come-from-Beyond doesn't care and is relying on mutually assured destruction to be his legal defense. This isn't going to turn out well for David or Jinn "holders". I seriously doubt if any Jinn holders, who do not redeem their assets for IOTA, ever receive any legal form of "profit-shares" as promised.