Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core
by
altcoinUK
on 27/10/2014, 18:22:43 UTC
months ago you should have hired lawyers or attempted to partner with a company with that could provide lawyers for you and you should have...

1.made contact with Mr. Lawsky's offices and attempted to be 1st fully legal compliant coin...
 you might have been suprised by the amount of support he and people he knows might have provided if you had approched him through the correct channels with the intentions of replacing btc as a fully compliant legal whitehat operation.  

2.gotten the process started for being a fully compliant EMT service either through your own means or by once again partnering with a company already compliant

3.not gotten involved with james...
10% of vericoin is a large amount of the market for one anonymous NON-CONTRACTED entity to control. James being anonymous is not under any form of contract with vrc or the devs meaning he has no legal obligations to vericoin whats so ever... he could run with the money tomorrow and nothing anyone can legally do about it. 10% or any large % of the market that the commuinty is willing to give away would be much more effective for vericoin if it were thrown in on REAL world buisness deals and placed into the hands of people that would help back Vericoin to become 1st legal cyrpto coin and that could be held legal accountable for any sketch actions or violations of contract.

no need for decentralized exchange or marketplace or new tech to be built into the coin itself...yet at least.

those would come as seperate entities/businesses (with prices linked to vrc like all exchanges are to btc), just like silkroad and poloniex are not apart of bitcoin, if safe and secure LEGAL value was created around the coin



I am a technology person and my experience is that having the right technology take care of the business, but what you suggest that don't worry about technology at this stage and establish VRC as a currency that complies with rules and regulations is of course a great strategy which I am perfectly comfortable with - anything really is great that make sense and move out the coin from its current stagnating state and put aside amateurish ideas like the decentralized cloud.