Quote from: Signal7 on September 16, 2016, 03:44:04 PM

http://i.imgur.com/4DqY6Tj.png

I know you all are chomping at the bit for news. Please understand that the legal side of what we are doing is extremely complex and I am placing myself in a position of very high risk, both legally and financially.

We are at a critical stage currently and I have to be extremely careful about what I say and how I present myself.

There are three specific goals that are attached to this project:
1. Promote Donald Trump for President in the best way we can
2. Promote Crooked Hillary for Prison in the best way we can
3. Donate cryptocurrency to Trump's campaign, which actually requires us to advance cryptocurrency support and acceptance in U.S. government, starting with the FEC

So first, and update regarding TrumpCoin and the TrumpFund...

The current "TrumpFund" that I am holding (100k) can NOT, in any way, shape or form be used in relation to anything FEC. It can NOT be legally donated to any political campaign or PAC. This is because the fund was brought into existence by, held and accounted by, and given to me from a foreign national (Original Scottish native dev, Chris aka Chicken65). The history of this fund is well documented publicly in these forums and if I were to contribute it to a federal candidate or federal PAC, I would be calling down an audit, investigation, and federal criminal charges against myself.

Needless to say, this is less than ideal.

The "TrumpFund" can however be used by the community to fund grassroots social efforts that can include social media campaigns, signature campaigns, paying for resources like explorers, faucets, translations, node servers, non-MSM amateur promotional videos, etc.

In a nutshell, TrumpCoin, at this time, cannot function directly as a SuperPAC in the way that was intended and hoped for, but it can certainly play a major role towards opening the possibility up for future elections.

A significant chunk of the fund will be donated to TrumpCoinContentCreator to thank him for his services thus far and for additional videos that he is currently preparing to publish. This was promised to him by the original dev and was never honored. I will honor this agreement on behalf of Chicken65, who placed the promised funds in my care.

The remainder will be used for the additional items listed above. ALL movements of the 100k fund with full descriptions will be posted here for all to see.

This covers goals 1 and 2 as stated above.

As for goal 3...

Many scenarios have been spun and thoroughly researched to determine legal compliance and effectiveness and a path has been chosen.

We are merging with BitPAC (http://www.bit-pac.com/). There will be a new Statement of Organization filed in the near future that lists me (Jason M. Bobbitt) as the new Treasurer and bylaws amended that list me as the new Executive Director. Dan Backer will remain listed as Asst. Treasurer and his legal firm will continue as an active vendor of BitPAC.

BitPAC has already established itself as a force to be reckoned with. There will be some further advancements to the BitPAC that I cannot discuss openly just yet. The proposed changes will benefit TrumpCoin in some significant ways and pave the way for many/all other cryptos to follow suit.

tldr; You will soon be able to donate your own TrumpCoins to Trump's campaign and SuperPACs. The "TrumpFund" is off limits and off the table for this. The TrumpCoin project must return to a grass-roots, community project that supports Donald Trump. Post-election, this community and project should remain involved in official crypto-based Super PACs that aim to pioneer advancement of crypto as a whole.

More news is coming soon. Please be patient while everything is worked out for full legal compliance and effectiveness towards our goals.

MAGA

TrumpCoin and TrumpCoin, LLC is not owned, operated, endorsed by, or otherwise affiliated with Donald J. Trump, The Trump Organization, Donald J. Trump for President Inc, or any other organization owned and/or operated by Donald J. Trump or any of his affiliates.

Use of the name and likeness of any candidate or officeholder is for the purpose of this group's political communication only and IN NO WAY indicates any authorization by, affiliation with, direction from, or endorsement by that person of any kind. Contributions to Political Action Committees from foreign nationals or entities are prohibited.

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SOLID updates when the time is ripe.
No non-sense.

TrumpCoin has truly created a reputation.
Congrats Jason.

MCGA