Post
Topic
Board Services
Re: BitCoinTorrentz.com - Torrent Download Service
by
mjcmurfy
on 14/04/2012, 14:56:44 UTC
Our Terms of Service clearly state that we may request proof of identity, by using GLBSE you agreed to the TOS (it's at the bottom of every page, we've had a TOS since only a few months after GLBSE began).

mjcmurfy, your details would be kept on an ENCRYPTED drive under the TV Tongue

We've come to the conclusion however that the decision as to whether to invest in a share/asset is best decided by the GLBSE user themselves, and whether they are happy to give their money to someone they don't know the identity of.

Verifying your identity, as an asset issuer is optional.

We're not playing police, just trying to run a market.

Nefario, yes you had a TOS from the beginning, but you and I both know the original TOS that I agreed to did not specify anything about the requesting of proof of identity. I made a copy of the old terms when I signed up which I can repost here for posterity if you like. You added the proviso about identity after our discussion. Yes, you had that line at the bottom stating that the TOS can change at any time without notice, which you are entitled to do, but asset holders must agree to the changes before they can be enforced. Simply using the service does not constitute an agreement to changes to the TOS, especially when many are probably unaware of these changes.

I very much appreciate the fact that you have made it optional, which is the way it should be, but when you first approached me it was in a demanding fashion telling me that it was required in order to allow the asset to continue trading. I'm not trying to be difficult, and I think you guys do a fantastic job for very little reward (I actually think you should charge more for trades and listing assets). I also appreciate the pressure you are probably under, but I really did not like your tone and felt that you approached the matter in a very unprofessional way.

Anywho, as already stated, I will not be providing this information now or at any stage in the future.
If asset holders do not like this, they are free to sell their shares in the asset.