Quote from: leocoinexpert on November 01, 2018, 06:28:56 PM

Thank you for your prompt reply.

Leocoin doesn't need any rumours and gossip.
As cryptocurrencies are a lot based on trust, it is important that we know that the rumours concerning Chaiman Dan are wrong.

I am sometimes wondering if governments push these rumours - because they fear nothing more than crypto.

Rumours, gossip and trolling are part of crypto. At the end, it is the price and/or price-stability that shows the value and strength of a crypto project. And, we should never forget, that like in normal business, not all business - that lacks steady growth or cannot show headlines with their success - are bad businesses or involved in bad projects. The market is always the measure, and shows how something is appreciated.

With regard to governments pushing rumours; I do not think any government is having something against LEOcoin in particular. In general, government like to tax on trade deals and when crypto is so decentralized and anonymous that they cannot exercise their sovereignty, governments will try to influence market- and technological developments by laws and other restrictions. We see this in the growth of requirements regarding AML and KYC, even when criminals and terrorist hardly use crypto.

LEOcoin has from the start been in contact with governments and financial authorities. The LEOcoin Foundations regularly has organized and attended events where politicians and policy makers could inform and discuss how crypto technology will change society and how governments and financial authorities can have the best of two worlds. Also the LEOxChange - an entity independent from the Foundation - exemplified this by requiring KYC from its users and also the requirements with regard to fiat-trading were met. This is what the LEOcoin Foundation has endorsed, even when we in the last major blockchain upgrade offered users of the LEOcoin network access to stealth payments. This shows that both legality and privacy are issues and should be.

As LEOcoin Foundation we follow the ongoing development of the crypto industry, both with regard to user privacy as with legal compliance. Ultimately, it will be the users of the network, that determine the use, value and future of the network - such is the open character of decentralized projects. And we are glad to be part of this disruptive evolution.