Quote from: Soul_eater_123 on July 07, 2014, 06:51:24 PM

Quote from: colordrawing002 on June 28, 2014, 02:03:12 AM

wow,interesting idea.

Sadly it can't work without FTC approval, unless that is some method can be found to exclude all US investors. That's the problem with combining a business/crypto/shares etc. into one. It is no longer just a cryptocurrency and the regulators get involved. Unfortunately the people behind this don't seem to understand that. So whilst this is a good idea it is likely to collapse at some point. I'm sure people will come on and now say that it is FUD but that doesn't change the facts.

I would therefore be best to get a US lawyer who deals in such things to just look over the proposals first. If they OK it then no problems and a good idea.

The FTC is NOT a regulatory body in Canada. As of this writing, the Unites States of America does not rule the entire world. Although it may be looking pretty good for them right now, in Canada, we are still free to engage in activities not banned by our country of residence. The proposal has been reviewed by Canadian legal council and is in compliance with regards to current Canadian law.

What you are saying is to ignore Canadian Law, and getting advise from a US Lawyer on operations in a Foreign Land, which is preposterous.

RhinoCoin XRC is using a means of cryptographic exchange to track, manage and compensate the parties responsible for the decision making and running of operations of the RhinoCoin XRC Record Label. Open your mind to a new world of Crypto Currencies backed by more than a network of computers, but real tangible goods and the ability to change/shake an industry.