Quote from: Jungian on May 29, 2014, 02:51:23 PM

Why not use a decentralized exchange like the NXT asset exchange?

The exchange we use is not necessarily the issue. The main reason we will end this form of funding is because the potential recourse associated with not documenting each shareholder's information. We do not hold it against shareholders for wanting to retain their privacy as it is a common ideal among bitcoiners in addition to many contemporary political philosophies. Our traditional investors often establish trusts for themselves, and we highly doubt any participants here are willing to put up the legal fees that are greater than the actual investment, and thus must yield their identities to participate among meeting other requirements. There are other reasons that this type of fundraising does not make business sense for us as well.

We encourage anyone interested in becoming a part of Galt's Gulch through our normal channels in either the farm shares or a residential lot in the community if they should choose. We have provided special promotions for those who would invest with bitcoin. We thank everyone for their continued patience, please know that refunding everyone involved here is a high priority and will not be overlooked.