Quote from: raskul on December 11, 2014, 05:37:39 PM

Quote from: Quickseller on December 11, 2014, 05:15:31 PM

Quote from: John (John K.) on December 11, 2014, 03:53:00 PM

I actually personally agree to most of Mabsark's opinions here, especially given the recent light where PBMining imploded. Also, Mabsark's not in DefaultTrust, rather someone in DefaultTrust has trusted him.

From his left feedback

Quote

...refused to provide any evidence of legitmacy...

I am glad that people are presumed guilty until proven innocent in our community

While I certainly think it would be foolish to "invest" in any of these cloud mining companies, I don't think evidence has been provided they are scamming.

Regardless of if they are a scam it is inappropriate to leave trust as he is a shareholder of ASUCminer (a competing service). Plus even though some companies have "proven" they are actually mining on behalf of their customers there is nothing to force them to continue to provide mining payouts.

the facts of the matter:

there are way too many people out there using bitcoin to commit fraud.

I agree.

Quote from: raskul on December 11, 2014, 05:37:39 PM

businesses do not get to be 'anonymous' - there are regulations in real life which must be adhered to.

I disagree. There is no reason a business cannot operate anon. If a business is not anon then they would be subject to potential attacks from people trying to steal from their business. How many people know BadBear's real identity or his address? How many people know the same about Stunna, or Tomatocage, or Dobs, or Danny? With the exception of Danny, I don't think more then a handful of people (if any) know their real name, and probably no one knows their true address. Yet the community still trusts all of them tremendously.

Quote from: raskul on December 11, 2014, 05:37:39 PM

those regulations should also be applied here, as a community, with bitcoin as the core asset to protect.

Who gets to set these "regulations"? I have not seen any democratic process to set any kind of regulations required to adhere to to conduct business.

Quote from: raskul on December 11, 2014, 05:37:39 PM

with the community coming together in this way, we can ensure that bitcoin is not used as a vehicle for fraud.

What are you talking about? This is not an example of the community "coming together" this is an example of one person leaving trust to other people