Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.
by
Nxtblg
on 10/08/2014, 23:22:56 UTC
That's not a sound strategy and direction. Sorry, good try but i'll pass.

That's quite fine - you're really wise to stick to your own opinions, especially in here - but I myself think the model will be seminal.

I can't even play a securities lawyer on the Internet, so please take this as my less-than-informed opinion, but it looks like we have a crowdfunding model that can completely bypass the extant regs. A cryptocurrency is classified as property, not as an asset or a security.