Post
Topic
Board Bitcoin Discussion
Re: Greg Maxwell aka /u/nullc is banned from Reddit
by
iCEBREAKER
on 07/12/2016, 06:59:13 UTC
Quote
I already told you the "then what" if BTC had gone to a buck: Frap.doc would be S.O.L.

It's only fair he enjoy the reward, since he embraced the risk.  Especially since that reward came with the externality of reputation damage.

We agree-- that if an agreement was X bitcoin, it should be honored as that for better or worse-- and that cypherdoc was granted a windfall in exchange for his reputation, so why do you seem to have forgotten your prior position?



Yes, it sucks for us customers that HF made a stupid, ruinous mistake by gambling with that much exposure to BTC price changes and then losing the bet.  It would have been nice for Frap.doc to have loaned the windfall back to them, for the sake of his fellow customers, but that's his decision.

I said the reputation damage was an externality.  Your framing makes it seem like that unintended consequence was a premeditated central part of the (supposedly devious criminal) contract between Frap.doc and HF.

The court and dozens of hungry lawyers have dissected the famous contract between Frap.doc and HF; they found nothing untoward.  Get over it.  This HF Derangement Syndrome is bad for you and bad for Bitcoin.

The 9% sales commission BTC payment was made for the trouble he took to meet up with them and write up/discuss his endorsement on the forum.  That helped get Batch 1 sold out ASAP, a huge help in making ROI.  That wasn't being "paid for essentially nothing".  I simply noted the fact the payment became a windfall helps compensate for the collateral reputation damage.

Frap.doc's contract with HF is not the same as your sales agreement, unless you somehow got a customized one from Simon.

Perhaps since BTC had been stable around $100 at the time Simon made the statement under the assumption that stability would continue.

Did you ask him how he planned to keep your BTC in the Secret HF Stash, w/r/t opsec?  You'd normally be very interested in that sort of thing.

Why not suggest some multisig, or 3rd party escrow?  You know those are best practices from being here so long.   Grin

These questions suggest your narrative's internal logic is faulty.

I see zero evidence Simon or anyone else guaranteed to refund all your BTC no matter what, even if they went to a million USD or whatever.

Offering refunds to be paid in BTC was done as a courtesy so customers getting refunds wouldn't have to turn the refund fiat back into BTC again.

Where did I "threaten legal action?"  I don't believe I did, in fact I was first among the many cautioning the deranged litigious windfall-seekers against getting lawyers involved with HF.

I'm certainly not trying to cow you with threats of litigation, just pointing out that doxxing, libel, and harassment are illegal in California/America.  However, I will continue to cow you with facts and logic.   Cheesy

I'm not Frap.doc's "buddy" for taking his side on this any more than I'm your buddy for siding with you against him in the Grand Schism.

I've never met Frap.doc, but the one time you and I interacted IRL was when you paid me a compliment for some insight.  I was so happy to get an atta-boy from the CTO of Bitcoin!  I wish we could get past the HF toxicity and be buddies since we both plan to be in Bitcoin for the duration of the experiment.   Embarrassed


We need you on Reddit fighting the good fight.  It's ridiculous you're handing the r/btc turds ammo.

We were both HF customers but at some point our POVs diverged.  Everything I predicted came true.  Nothing you predicted came to pass.

It's not scientific to reject results because they dispute your preconceived ideas.  Two separate court cases now indicate your anti-Hashfast ideas may require recalibration.

That's why risking your Reddit account/reputation just to die on the Frap.doc-owes-me-a-windfall-so-he's-a-public-figure hill of error propagation is so disappointing.

As I already explained, "Cypherdoc values his personal privacy/security and never intended for his handle to be connected to his True Name."  So please stop making him the white whale for your Captain Ahab.