Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.
What I am doing is asking questions. These questions are basic. And the blind people being sucked in by ponzi greed are getting upset. BTW I have contacted the SEC and other governmental bodies to investigate this as a ponzi/fraud. Good luck having to really answer questions, yes if this security is sold to Americans, then they have full ability to take action. Read a book.
I hope you're fighting against all the worldwide banking fraud, with this much passion. If not it's probably about time for you to get a life, and stop trying to save people from themselves, and their good/bad uses of THEIR BTC.
Do you realize that BTC is property, not currency, in the eyes of the SEC?
The SEC can and has broken up bitcoin related ponzis. So what the hell are you being smug about kid?
Since you are a simpleton, let me explain how QBK actually works.
QBK was started with an initial ICO (See many companies such as Alibaba) as an investment team to make people money.
QBK then used the ICO to buy into investments that are giving back to the people. No new coins are produced, except those gained by interest (PoS).
No new people are buying in. Only people who hold the coin are profitting. That is how stocks work as well.
If you actually had any clue what you talked about, you'd realize that you're saying anything with that kind of setup (shares more or less) is a ponzi scheme. That means almost any company in the world is a ponzi scheme in your mind.
Now, the best part of this? The earnings are gifts, not "payments". Therefore... Yeah No. Nothing illegal here. A first year law student could tell you that. An investor in their first year could tell you that too.
Please, try again. The FUD is terrible, and you're retarded.