Post
Topic
Board Announcements (Altcoins)
Re: [Pre-ANN] [BCRM] Bitcoin RM: A new Bitcoin Fork (around August 30, 2018)
by
BitcoinRM
on 13/08/2018, 01:19:18 UTC
Hi @Photographer Smiley

How did you manage an awesome username on this forum  Grin

It is not an Airdrop! We are not giving away any freebies. When our code is based on Bitcoin, it is a Bitcoin fork. Therefore, BTC owners have the right to claim our coins. Now, we have to restrict USA users because of USA laws and regulations. Trust me, it is a very difficult decision to do this.

I suggest that you file a petition with USA government if you do not like their laws and regulations. While we cannot accept claims from BTC users from USA, we are not totally excluding them. In fact, we will support USA users who want to become a merchant, or already merchants or simply want to work for us.

Hi

No airdrop. Too many conflicting laws and regulations in USA. Until courts / congress formally declare clearly, we will not assume that they are legal in USA. SAFT contracts, once thought safe, are currently questioned and repackaged into security tokens in USA. Yes, there are many regulating agencies in USA: CFTC, SEC, IRS, FINRA, NFA, FinCEN, States. If the issuer gains something of value (marketing, better exposure etc) by forking, ICO, faucet or Airdrop involving USA entities, it is subject to laws of USA. We cannot afford to assume something is legal just because others have done it. At the same time, we can't afford to hire an army of lawyers in USA.
 
Cryptos are not completely legal in USA. In fact, only two things are absolutely safe for USA persons:

  • Dealing in cryptos on licensed crypto Exchanges in USA for personal use
  • Earning cryptos as inheritance or compensation for work done

Why no USA? Forks and airdrops are perfectly legal in USA.

I guess there is a huge quantity of BTC owned by USA residents, just think at the Winkelwoss twins, or the 1 M coins of Satoshi Nakamoto. This ban is making the Whole concept of a fork quite inconsistent. You can call it an airdrop, you shouldn't call it a fork.