Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PYC] Paycoin - Going to be hard forked soon!
by
Spratan
on 13/12/2014, 11:49:39 UTC

yeah good luck with that manchild scammer garza. that dude is one of the biggest liars in crypto and that is quite a feat.

I have lost track of how many people have said exactly that about Josh Garza.

But i really felt if he was given the chance he would do the right thing, but I was dead wrong.

Negotiating with him will not happen again.  We will now just continue to do our own thing and let him deal with his "best lawyers in the world". 

We'll see how far his lawyers are willing to go when the law is being broken and his trademark application for our PayCoin name-brand is torn up and mailed back to him.

Thanks for having contacted him. Did he pretend not to know the original Paycoin ?

If what you wrote down is true, in both cases, his answer was wrong. Either he acknowledged that he wasn't aware of the original paycoin and so stop using the name before launching it (it is not even on any exchange, and only 2 weeks old, so no excuses), or he acknowledged he obviously knew Paycoin (First on google and he is a top expert of cryptocurrencies...) and trademarked as soon as possible just to steal it, whatever the consequences.

The reason he doesn't want to change the name is, I think, he has no plan fore more then 6 months so he doesn't care with a lawsuit...
If not, he wouldn't take such enormous risks. What will happen when main investors discover it ?! That he obviously used (stole ?) the name from another coin in the same industry ?

I don't know if we are really losing millions cap opportunity (Who can tell ?) BUT there is a 200 pages forum criticizing GAW and now people mixing up both paycoins. That's why using same names is forbidden...It is not only to profit for other's work, it is to prevent mixing up for customers / users.
How many millions others names were available for their coin, especially with 100 M$ to spend for basic research !

I think we need people with bad experiences with GAW joining our coins as a protestation and stand against scams.
It would be so ironical if PYC succeed much more than the copycat now :-)