@jimmothy:

For the same reason I'm an atheist, I don't use public restrooms if possible, and I think rock is better than rap.  It's an opinion I've developed from the evidence I've seen.

I can't deny that popping in $2 per coin alone would be a very great way to make a quick 900%, and I would guess that there will be a lot of dump come day 1.  I am not saying I have any sort of definitive proof that this will go well, nor that I tossed my life savings at it.  I do think Josh whatever-his-name-is Garza is an egocentric prick, but I don't think he's an idiot, and it seems most businessman that succeed are egocentric pricks anyhow.  He obviously has enough lawyers to tell him what laws he might or might not be breaking, and I think he's got at least a decent bit of business sense, GAW has been fairly successful thus far.

I do think that if a larger name investor might be in the game though, they would probably have it in their own best interest to keep their stake and drive up value of the coin they accept by accepting it as a merchant, especially if it is something along the lines of a large e-merchant.  (I doubt eBay or amazon or paypal, which hype at HT presumes.)  I think that the fact that GAW is already a fairly large company provides a decent amount of leverage to get possibly other online merchant portal investors on board with them, if not at least other merchants and investors.  He certainly has said enough that the investors must either be fairly open with the details or very pissed off at him now, but I think that there isn't enough to discredit him.

This of course assumes he isn't an idiot, because if things fall through and he doesn't back up some of his claims, he is in deeper shit than he can wade through.

Either way, if I play it smart I probably make either a clean getaway while others ride the hype train, or I will make a decent profit and be invested in an upcoming coin that more retailers might get behind.  Certainly its not the greatest white-paper, but I imagine that there are still a number of things not mentioned in it that might attract investors.  That said, if GAW collapses tomorrow, I wouldn't be surprised either.  Even though Josh's tongue is loose, I just don't get the vibe that it is all total BS, so I see opportunity in it.

I cannot stand the Garza for the life of me, if I see :grinning: one more time I might puke, but I don't see "the red flags" in the same light you do I guess.  He has leaked more information than I would expect, but I do think that marketing stunts are part of business.  It strikes me as far fetched for the company to go so far if it is all smoke and mirrors, and I haven't heard anything about GAW employees or associates jumping ship.  I can't say I believe in the company 100% either, I can't stand their spokesperson, I just think it is worth the risk to put my money where my mouth is in this case.