Re: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading
In my honest opinion, I do not believe that making a claim that the site is 'virtual currency' and that
'No assets on the site are to be considered real.' would convince any U.S. Federal Judge (esp. when
a U.S. Citizen goes out of their way to put it in a server in Belize when they operate their own hosting
service in the U.S) that the service is not guilty of something already and deny an FBI warrant request.
The U.S. Government does not care where your services are hosted, or how you claim ownership is
divided up, and especially if you are a U.S. citizen that appears to be in control (and sometimes if you
are real lucky, they do not even care if you are a U.S. Citizen to begin with), if they want to make an
example out of you they will. (see. KimDotCom)
'No assets on the site are to be considered real.' would convince any U.S. Federal Judge (esp. when
a U.S. Citizen goes out of their way to put it in a server in Belize when they operate their own hosting
service in the U.S) that the service is not guilty of something already and deny an FBI warrant request.
The U.S. Government does not care where your services are hosted, or how you claim ownership is
divided up, and especially if you are a U.S. citizen that appears to be in control (and sometimes if you
are real lucky, they do not even care if you are a U.S. Citizen to begin with), if they want to make an
example out of you they will. (see. KimDotCom)
I know you are not very smart drawingthesun, so I will connect Dot A to Dot B for you:Ukyo is talking specifically about ACTM in the above paragraph, and is not impressed with their sophisticated shell company in Belize.
Actually, if you read the paragraph (which may take some effort), it's clear that Ukyo is referring to BTCT.co, which is ran by a US citizen (Burnside), who operates his own US hosting service (http://www.kattare.com/) while registering the company in Belize. The fact that a literal quote from the BTCT.co disclaimer ("No assets on the site are to be considered real") is in the paragraph only adds to it ^^
Nice digging there, finding a Ukyo quote from 11th December 2012, months before ActM existed! LOL!
