Quote from: DreadLordColi on July 14, 2016, 05:34:53 PM

Quote from: Bitbobb on July 14, 2016, 04:58:11 PM

Quote from: doogjy on July 14, 2016, 04:42:22 PM

Quote from: Bitbobb on July 14, 2016, 04:04:17 PM

Quote from: Signal7 on July 14, 2016, 04:00:25 PM

BitBobb,

You and I have already discussed this in private, but for the public record...

You were nominated to run for Treasurer on a temporary Board of Directors for TrumpCoin to help establish a foundation for moving forward.

This is a position of high trust and responsibility. You would be responsible for managing, documenting and protecting crypto and fiat funds with direct access to official accounts and ledgers.

If chosen, you will be required to fully vet to me and my company. I would need a copy of your state issued ID card, a signed non-disclosure agreement, and authorization for a background check.

If the route of a fully certified Super PAC is chosen, then you would also need to be willing to have your name listed as the official Treasurer in our Statement of Organization to be filed with the FEC. This document would be publicly available at FEC.gov.

Do you accept the nomination and terms that I have described above?

These terms are agreed to by me! I have done all of these things before with no problems. MAGA

Hi Bitbobb, thanks for your interest in the project thus far. While I haven't been able to review everything, I did have a few questions regarding your ability to effectively administer what may end up being a substantial sum of money.

In some of your previous posts I see you've talked about how you are 'unbanked' and don't associate or interact with the banking system in your country of origin (I believe this will need to be the US for you to be involved with the PAC, but I'm not positive about this and don't want to assume). I believe in that same post, you described having some members of your family help you get set up with some form of traditional bank account with the intention of contributing to the Trumpcoin project. I know this is vague, so please correct or expand upon this summary to help improve my understanding!

If what I've summarized above is correct, I would have some concerns regarding your ability to quickly and effectively make financial decisions with the best interest of Trumpcoin in mind. While I believe your intentions would be sincere, if you truly have as little exposure to the banking system and the more traditional financial system at large as you say, I worry that somewhat complicated transactions (moving the fund to escrow, having ledgers audited by outside institutions, converting large sums from crypto to fiat, or transferring fiat from one organization to another) may be conducted in a way designed to accommodate whatever issues you've taken with the traditional financial institutions up to this point. I believe that you would probably even be able to make a strong argument for what some might consider 'irregular' financial management; my concern is how this will appear to outside investors and those watching the progress of Trumpcoin.

Regarding the family assistance you received to integrate a bit more with traditional banking, would this be your intended avenue for carrying out the requirements in your position should you become treasurer? To what extent, if any, will parties other than yourself be filling documents, reaching out to both individual and institutional contacts, and generally participation in the activities required by this position? If the answer is 'none', can you reaffirm that you are committed and willing to leave your issues with traditional banking (and the impressive resume you have described as a result of this) at the door to perform your duties in the best interest of Trumpcoin? I believe this will require effectively full integration with the traditional financial sector that you have thus far rejected, if only for the appearance of legitimacy and transparency.

Again, thank you for your support and interest in the project. This is not intended in any way as an attack on your ideals or lifestyle - I am a strong believer that it is better to ask the hard questions sooner rather than later, and I appreciate you taking the time to assuage my concerns!

   There is no offense taken at all by your very good questions. I actually expected and hoped for this question.

First most of what you are asking me no longer applies for 2 reasons. 1) I made that statement before there was an LLC
2) I would be administering an account not opening the account.

So while yes I do have strong issues with the USA banking system as it exists since 1933 I do not anticipate my self needing to violate my morals in this scenario because I would not need to lie.
   So I would not have any member of my family involved. that suggestion was only because no one else was stepping up and now we see that in fact Signal7 has stepped up in a major way. I look forward to counseling him and working to restore the legitimacy that this coin deserves.

   In other words to summarize, so long as I have the legal authority from the account creator to administer the account I can engage in transactions the same way as any other person would. In fact my lifestyle I believe will prove to be a huge asset since I have had to budget and plan my entire lifestyle at a disadvantage from most and by my calculations I work about 5 times harder for each dollar I have as a result. After I click post I will review your question to make sure I answered everything as much as possible. Thank you for the questions and your interest in this project!

Bitbob,

Please keep in mind:

The treasurer is responsible for:
Filing the committee's registration form (you will need to put your mailing address and full name);
Depositing receipts (physically in a bank or credit union within 10 days);
Authorizing expenditures (you will have the ultimate final say in where the money is spent);
Monitoring contributions;
Keeping records;
Signing all reports and statements; and
Filing all reports and statements on time.

You can also personally be fined in civil court if you fail to uphold these responsibilities (even if to no fault of your own).

All of this is mandated under federal law and keeping accurate records of receipts and disbursements is essential for this purpose.

I don't believe, just based on your inability to propose a coherent thought and typing syntax structure that you would be the best person to "keep accurate records".

The treasurer will have more power over where the money goes than Signal himself - this has to go to someone with a pristine record (investors don't care if your sincere, they care about the opinion of you, which is not great) so again this cannot go to BitBob.

Bitbob, I think your efforts are better used elsewhere, but still believe you are a valuable asset to this project and can't wait to see some of your local marketing ideas and some of those tshirts we can buy with TrumpCoin (when do those go on sale again?)

Thank you for your question. I believe you are wrong on two points. 1) I would not be deciding where the money is spent. I would not have the final say or any say. The decision would be the legislative function. This is one of my stipulations upon which I agreed to entertain the notion under and Signal7 can back me up that I brought out this concern first. My understanding of the treasury is that they execute the decisions of the policy makers whoever they are and whatever the form is that they take.

2) I believe you are incorrect about my perception to others since we have seen that I was in fact nominated by someone who has claimed to be from the very group you are referencing. And I have looked at this website and seen many comments about me and the only one that I saw that said anything even close to negative finished up by saying that they still liked me even though they thought maybe I was one of those people who argues with the police when I get pulled over.