Post
Topic
Board Service Announcements (Altcoins)
Re: When did Nakowa first show up?
by
PacoMartin
on 22/06/2014, 01:08:56 UTC
I think in the early days a lot of the investors were concerned that I wouldn't make enough from running the site to make it worth my while. As well as encouraging me to roll back the 1300 BTC snafu they also told me that only taking 1% of profits as commission was too little.

It's in their interest to make sure that it's in my interest to run an honest game, odd as that sounds.

I saw all those comments.The assumption is that they will walk away from the contract because they have so little to lose. But they must have trusted you because all three incidents at once would make less levelheaded people run. I'm sure as they were looking at a dipping profit margin, it was hard to give up an additional 1300 BTC, even knowing that it shouldn't have been there in the first place.

Who takes 1% commission?  Even the federal government doesn't trust people who ask for too small of a profit margin. We would give demerit points to proposals where the commission was too small.


I also liked the response to the people who assumed that you were nakowa. Basically your defenders said that dooglus isn't that dumb. If he were going to steal, he wouldn't do it by blatantly assaulting the bank.