Post
Topic
Board India
Re: GoSats - An Attempt to Promote Bitcoin in India (What's your views guys?)
by
teosanru
on 18/08/2020, 15:47:43 UTC
1. This obviously is the same old strategy wrapped up in a new box of bitcoin based cashback.
2. I think these websites including google pay actually don't even give 0.1% of cashback of the total transactions you do. They are just like a casino with no provably fair guarantee. Lol
3. I think entrusting such a website with your bank account details as they are not registered in India.
The website doesnt't speak of any promoter or developer. Seems like they are looking for anonymity. The domain registrant is some "Internet computer bureau limited" which is of course a made-up name. The registration address belongs to something called Sure Limited of Diego Gracia. Diego Gracia is famous to most Indians for the US base in the Indian ocean. It was recently in news during the China standoff.

There isn;t much information on Sure Ltd except the name of a board member who is supposedly in Bahrain Telecom and goes by the name Ihab Anwar.

Do you guys think that a website or service of this kind should have so many layers of obfuscation?? For reference, compare this with the open mention of the Purse.io team.

I think they are hiding because of the current uncertainty in indian crypto space. Recently. I opened up an online bank account with a private bank and I was asked not to use it for crypto-related transactions. I was in the impression that those things have been solved after the supreme court verdict

Hey which bank did this? Why didn't you slam their face with supreme court verdict? I can send you the original 180 page verdict if you want to share that with them. Uncertainty doesn't means one can violate supreme court rules. Banks are obliged to obey such rules.