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Title: Burnside: Why are you not making BTC-TC code open source? Post by: Skinnkavaj on October 10, 2013, 02:07:11 PM You are already rich god damn it.
Title: Re: Burnside: Why are you not making BTC-TC code open source? Post by: pascal257 on October 10, 2013, 02:18:34 PM Quote Unless the code is modified to conform with legal requirements of the United States Government, (probably not currently possible, but for instance, if you made up your own currency instead of using an established cryptocurrency it might be legal) any purchaser of the code will have to agree to block US citizens from any site utilizing the code. I'm afraid thats not possible if the code is released as open source.Title: Re: Burnside: Why are you not making BTC-TC code open source? Post by: 🏰 TradeFortress 🏰 on October 11, 2013, 12:05:19 PM Quote Unless the code is modified to conform with legal requirements of the United States Government, (probably not currently possible, but for instance, if you made up your own currency instead of using an established cryptocurrency it might be legal) any purchaser of the code will have to agree to block US citizens from any site utilizing the code. I'm afraid thats not possible if the code is released as open source.Title: Re: Burnside: Why are you not making BTC-TC code open source? Post by: radiumsoup on October 16, 2013, 02:03:18 PM "You're rich, and I demand you give away a valuable asset instead of selling it because I want what you have but am unable to create a viable competing product."
Yeah, makes sense. Title: Re: Burnside: Why are you not making BTC-TC code open source? Post by: Entropy-uc on October 17, 2013, 05:29:26 PM Your assumption that Burnside is rich is likely to be incorrect.
BTCT might have been very profitable for a few months this year. But, by the time he pays his lawyers to defend against the SEC, it's unlikely he will have anything left. Even worse, his legal bills are likely to be largest in future years when he will be unable to write off the expense against income since btct no longer has any funds. |