Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
gutshot5820
on 25/01/2014, 23:37:29 UTC
I don't know how long has you been involved with bitcoin but the sooner you understand that bitcoin and decentralized network is not compatible with current law framework the better you understand why things are the way they are.

Take the red pill and be free or go back to your current comfortable existence of investing in sp500


there is no issue with the fund raise. People are free to spend their money as they choose

also who said it occurs in us jurisdiction.



Not true, there are laws regarding transparency and compliance when people are trying to raise millions of dollars from strangers...in order to prevent fraud.  There will be similar laws in most countries and Canada if Im not mistaken is much tougher than US when it comes to crowdfundraising.

And why, who cares what jurisdiction they are in, if they are asking for 36 million from total strangers before they even open for business they should spend a few hundred thousand to provide assurances that they are in legal rights in each country they do business with and file all the necessary regulatory documents.  If they are not hiding anything or worried why would they care what jurisdiction they are in?

+1 And I have no vested interest in Ethereum beyond wanting to participate in the pre-sale. gutshot5820 repeatedly invokes US regulations and seeks to impose them on a global marketplace. He does not comprehend the whole purpose of crypto assets and so does not belong in this community. He should go back to his safe little 'empire in decline' and enjoy his illusion of safety and security while it still lasts.

"Those who would sacrifice their liberty for security deserve neither."

Silly meaningless passive inspirational quotes.  Full of sound and fury with absolutely no meaning.  Worthless in every way because you have a vested small time interest in making a profit.  If you lose a btc who cares right but 36 million as a whole community?  If you had that kind of money you would never invest 36 million into the coin unless there was proper due diligence, bond and the assurance that all regulatory laws were followed.  And yet out of your selfish greed to make a quick short buck you are advocating the entire bitcoin community to invest 36 total million dollars without oversight.  cockroach.