Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PYC] Paycoin - Going to be hard forked soon!
by
Vlad2Vlad
on 17/12/2014, 20:17:17 UTC

So you own 4% of a coin and because you decide it, you have ownership of the project without consent of the founder ? Interesting idea on how business laws and Cryptocurrency works but it is not so easy...

Funny to see that on the founder doesn't seem to agree with that at the beginning of the 2014 year before he disappeared...


In Jan 2014 he was here and those guys trying to "take over " the coin were only trying to confuse people to scam them so there was no real takeover attempt.

Right now the coin is clearly and completely abandoned so I, a major holder with more coins than the founders, I'm sure, and this community can legally takeover this coin per the laws outline by the open source MIT license and by the current laws, rules and regulations governing open source crypto currencies.

Even if the dev showed up right now, this coin has been taken over by the community due to his prolonged inactivity so at best he could join us.

You guys don't have a leg to stand on regarding this matter.  It's like saying Satoshi can come back and make Bitcoin his personal coin and do with it whatever he wants.

He couldn't legally do that even if he wanted to.  That's a fact.