So this lie is still going around. I posted a response
https://bitcointalk.org/index.php?topic=857670.msg9969146#msg9969146 and haven't gotten
any replies yet, but people are continuing to repost this lie deliberately. There's no other explanation at this point.
Now for a direct response for someone who's told me to learn the law.
https://bitcointalk.org/index.php?topic=857670.msg9975540#msg9975540 Even if it were true that gaw lied about paysave/paybase, it would not be basis for a legal case against gaw. I spoke to a lawyer about this point this week. There's a legal concept called consideration, which means that a promises are only binding if the one that makes them benifits directly from them. (Look it up yourself, I'm simplifying, it's not easy to explain in one sentence.) This means that a company can't be sued with cause for lying in advertising unless that caused a direct gain to the company. Writing fake reviews is not a lie that leads to a direct gain. The lawyer I spoke to said that the promise of $20 a coin is not one that can be upheld in court either as legally binding.
You make some fair points, but what you need to understand is this is a fine line of misleading and exaggerations that GAW and josh skirt all the time as a marketing gimmick. It isn't going to be a single statement that a lawyer goes after but the totality of the misrepresentations which many are patiently archiving through unbiased third party services in preparation.
What is different about Josh as a CEO and many other CEO's(who carefully vet their marketing or statements) is Josh is a non-stop propaganda machine and is constantly flying by the seat of his pants. The consequence of this is that he has to hire someone fulltime to clean up after him - Bitjane (mostly for grammar and spelling mistakes) , and that he his literally creating his own noose that will eventually hang him , his company , and in consequence the whole paycoin ecosystem.