Quote from: mmmerlin on March 09, 2014, 12:41:44 AM

Quote from: ||bit on March 09, 2014, 12:38:20 AM

Let me ask.

Is there any over reaction of emotions going on on my part or others?

Is this the end of LRM?

Talk to me goose... or geese.

Maybe so, maybe not. Thus far there has been no explicit mention of what will happen to the hardware on order, so until we know how that will be dealt, with this is almost not even news, just a change of wording.

Looking more carefully, it seems that the "legal concerns" and their current "solution" mean that LRM would have to issue out more bonds for every 100MH of future improvement in total hash rate. Again, that would still be a very clumsy solution, imo. And Zach did mention in his update that LRM is " seeking to maintain its current status as a leader in the Bitcoin community". He can't take from investors expected growth and make that claim, that much is clear. Besides, that would be a case for a major lawsuit. Bitcoin has established itself to have value and has much more widespread attention now. So, a legal recourse would seem much easier to follow through with now as compared to last year. But I'll try to hold back until we get some much needed clarity on this, and hopefully very soon.