Post
Topic
Board Altcoin Discussion
Re: Are BanxShares as good as GAW Paycoin?
by
stereotype
on 23/03/2016, 12:54:47 UTC
What exactly do you suggest....
I suggest you nail Marks bollocks to the mast, and demand to know what happened to every penny going through Banx.....you know, like all legit and viable companies are able to do.

Where has the money gone?

Multiple startups
2 years
Fintech
Crypto

A perfect storm of huge risk vs huge reward, that's where the money went.
Yep, i get that. You could sum up this brave new space, with the above references if you want.
But Banx attempted to be a real company by registering itself with Companies House and therefore committed itself to certain practises and processes. Processes and practices that Mark knows, affords Banx a certain value in the eyes of observers/investors/potential investors/tax office etc. For some baffling reason, Mark took the approach that spin, fakery, taking a victim mentality, undermining investors, doxing people, colluding with third party exchanges, claiming Bitcoin messiah wisdom etc etc, is the way to move forward with a registered company. Its not, and never will be, while there are genuine company directors, investors/potential investors etc. who find value in said processes and practices. Banx is trying to have it both ways, and it will fail. It will fail because it doesnt even come close to conforming to recognised share-holding business norms, even taking into account this space - a la wildwest.
It certainly wont fail because i or anyone else says so. Ultimately, it will fail cos the day of reckoning always comes, after spending time chasing made-up numbers. HMRC will see to that.