Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
Endlessa
on 10/03/2014, 18:37:28 UTC

Again, not defending LRM here but you have a paper loss until you dispose of your bonds. And, are you counting in BTC or USD? Counting in BTC losses and gains is a complete and utter fallacy when it comes to investing. It misses the point. Yes, you COULD have had more BTC IF you had done something different with it before. And BTC MIGHT have dropped to $1 in the meantime.

Come one people...... get a grip and deal with the reality of the circumstances at hand and not what MIGHT have been IF I only just.......[fill in your regrets here]

actually, it wouldn't be an issue, except that this whole exercise is unnecessary.  This change is under the assumption there is no legal path forward.  Where as, FinCEN explicitly states in it's administrative ruling that dividends payed by mining groups through real non-voting shares are legal.  It would be the exact same thing we have now.  So why burn or futures to the ground?


Edit: it would require forming a corporation, but LRM could maintain all voting rights