Additionally, after reading through a few comments. It became clear there there are two very different kinds of posters here. There are some that only have the agenda of being a problem.
Sounds a lot like:
http://en.wikipedia.org/wiki/Suppressive_PersonSo will we be getting an explanation as to why you cannot disclose your mining address and/or payout from actual mining earnings or is "I have my reasons" as good as it's going to get?
Use some logic. Do you really think it would make sense for us not to be mining for our customers? Do you it would make any sense for us to be so public, and attract all this attention, to not be doing something basic like mining?
We are 100% prepared for any agency to come in and make us prove that every hashlet payout is backed up by a mining payout.
I don't have to prove that to you, the understanding that if we are not are doing this, that would make us a security by definition and the price for selling a unregistered security is jail time is enough for me. I am pretty motivated to make sure we have the mining power we should have.
i know you have it covered with your lawyers just wondering that the legal definition is because most customers are probably not aware of this
if hashpoints and paycoin conversion is defined somewhere in your tos please point that out i cant find it