So what you're saying is Evan rage quits and sells the password to the Darkcoin repo for $10.00 to some guy in Canada, that's it? That new dev can do whatever he wants with the Darkcoin name and brand? There is no legal recourse for the Darkcoin owners? Heh. I think not...
There is an official dev team and official foundation and official board. If they all agree to sell then I guess then, "that's it". “The Foundation doesn’t own the Darkcoin project–the community does,” wrote Duffield while explaining the organization’s cause. “The Foundation is here to help. We believe that organizing fundraising efforts will be beneficial, but everyone is free to continue contributing in whatever manner is most convenient.” Hmm. . I suspect an attorney may one day be asking Evan why the Darkcoin community owns Darkcoin but the Dashcoin community doesn't own Dashcoin. Will you please provide me a link to where you found that? dude, read some basic law before shooting off in 50 different directions. there's many types of 'owernership' and here we are talking about naming rights. plus this starting to read like fud... There is zero legal precedent for what we are discussing here. Decentralized assets? Find me some caselaw there to research. What I'm betting is Evan is correct (and what I have been arguing) and that is that the COMMUNITY owns the asset. What I'm saying is Darkcoin is potentially opening itself up to being the entity that ends up helping create precedent. And that's not good at this early of a stage in development. |
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My next question is:
Evan has shown that he is willing to pay a developer to no longer take part in their coin instead of doing a proper takeover of the coin.
What other coins has Darkcoin done this or other questionable actions to? For example, was Darkcoin involved in the Spreadcoin dev's disappearance? Did Mr. Spread have a nice payday from Darkcoin mere days before a competing (and arguably superior) masternode system were set to go live on mainnet?
You are right. It might have happened. Just like this message could have been typed in by my cat walking back and forth on the keyboard. Before accusing, please provide some solid claims. When you admit to doing something all of a sudden you become a suspect in other strange, yet similar occurrences where you have motive and ability. |
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So what you're saying is Evan rage quits and sells the password to the Darkcoin repo for $10.00 to some guy in Canada, that's it? That new dev can do whatever he wants with the Darkcoin name and brand? There is no legal recourse for the Darkcoin owners? Heh. I think not...
There is an official dev team and official foundation and official board. If they all agree to sell then I guess then, "that's it". “The Foundation doesn’t own the Darkcoin project–the community does,” wrote Duffield while explaining the organization’s cause. “The Foundation is here to help. We believe that organizing fundraising efforts will be beneficial, but everyone is free to continue contributing in whatever manner is most convenient.” Hmm. . I suspect an attorney may one day be asking Evan why the Darkcoin community owns Darkcoin but the Dashcoin community doesn't own Dashcoin. Will you please provide me a link to where you found that? ** Edit -- Found it: https://www.darkcoin.io/news/the-darkcoin-foundation-is-open-for-business/ |
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My next question is:
Evan has shown that he is willing to pay a developer to no longer take part in their coin instead of doing a proper takeover of the coin.
What other coins has Darkcoin done this or other questionable actions to? For example, was Darkcoin involved in the Spreadcoin dev's disappearance? Did Mr. Spread have a nice payday from Darkcoin mere days before a competing (and arguably superior) masternode system was set to go live on mainnet?
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Not long ago there was on this thread a "TV/Wikipedia" lawyer specialized in personality rights, now we got a "TV/Wikipedia" lawyer specialized in corporate business. *sigh* I don't claim to be an attorney though I have quite a bit of business experience. If Darkcoin consulted with attorneys who understand trademarks and virtual currency and they gave the green light for how all of this is being done, please have someone involved in that process state as much. Because what I'm seeing starting to take shape is not pretty. |
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LOL!! Completely absurd.  The Foundation has already consulted with trademark lawyers over this issue and made an educated decision to proceed, but in spite of all that Darkcoin should pay a dead coin's bagholders $1,000,000... just cause a random guy on the internet said so.  This is nothing more than FUD to get the price to drop back below where you dumped. Absurdity at its finest. 1. Have they consulted with trademark lawyers? 2. Have they consulted with trademark lawyers that understand virtual currency? If so, that's great. A letter from them would go a long way to put this argument to bed. I have a hard time believing attorney's have been consulted, however. |
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So what you're saying is Evan rage quits and sells the password to the Darkcoin repo for $10.00 to some guy in Canada, that's it? That new dev can do whatever he wants with the Darkcoin name and brand? There is no legal recourse for the Darkcoin owners? Heh. I think not...
There is an official dev team and official foundation and official board. If they all agree to sell then I guess then, "that's it". Are you saying that the Darkcoin foundation's board has legal control over the Darkcoin digital currency and can do what they want with a simple majority vote and darkcoin holders have no legal recourse in such an event? |
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I've spent the last few days significantly reducing my position in DRK due to this statement by Evan: https://i.imgur.com/Rd28JTl.jpgAs any of you in the USA smart enough to follow financial laws know, the IRS and SEC have made some rather interesting rulings regarding cryptocurrency. While I am no attorney (but make the habit of occasionally talking to one) I suspect there is going to be some... "Drama" in Darkcoin's future. Well imo you should've talked to that attorney about this before trying to think it over and decide what to do with your investments by yourself. What makes you think I didn't? What could put some minds at risk is Darkcoin's legal team write a letter explaining why, in their legal opinion, all of this is valid. However, I suspect they were never contacted. I'd love to be wrong though. |
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You got us all wrong, I am sure we could be friends. I am sorry this has been a hard process for you but it has nothing to do with DASH(DRK). What would you like to see happen going forward? What do you want?
i want to believe in crypto currency..removing the dev of dashcoin, trying to kill the coin for its name, leaving community to rot simply disgust me.. I see where you are coming from now. I do believe in crypto too, that is why I am here, I guess we all find different ways of doing that.
I guess I see how yo view things now. The main misunderstanding is the part where you feel DRK removed your dev. That is not the case at all, the former dev had no interest in continuing with the project. It turned out to be more complicated than he originally thought it would be. The same thing happened to Spreadcoin not long ago and their dev was considered to be really good. Sometimes this things can be overwhelming for a developer. It is really not our fault.
The developer leaving and not wanting to continue the project is what really is causing issues for DSH, SPR has not recovered either and there is also nice people over there. That problem is not related to DRK
On the last part, MyFarm, a prominent member of our community is offering an exit to anyone who wants it as a sign of good faith.
Please consider these reasons, and see if you can find a way to be friendly.
dashcoin dev last update on development was just this Feb 8 2015..it is clearly he was bought..and there is no announcement that he is abandoning the project or at least ask the community about it.
different ways indeed.
- killing a coin for its name by buying the dev leaving the community to rot
Give it a rest Minotaur. With the level of troll activity in here there's just a default layer of FUD and victimisation people are going to sit on. There's no point attempting to reason with some of these people, they want to stay with "those DRK/DASH people are BAD TO THE CORE", yet a dev has chosen to sell his project. It's really him the Dashcoin people should be taking these complaints to. Edit: attempted to fix the quote boxes As I have been hammering home for over a year, there is a distinct lack of business acumen in the Darkcoin ranks. In the business world, you DO NOT go to the CEO of a company and buy the assets of the company because they are not the CEO's to sell. You take over the company. Now, it can be a hostile takeover, but most often it is an amiable takeover as everyone ends up happy. Not only has Darkcoin gone to the CEO of the company to buy assets that aren't his to sell, but you are going to create a very bad name for yourself once everyone begins to understand what has taken place here. In addition, in my opinion, you are opening up serious legal liability. |
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+ 184.46 billion dashcoins
I am very happy MyFarm is giving everyone a nice exit opportunity. It is really commendable that the DASH community steps up like this to help others. We wish you guys the best in your future endeavors. i'm not in the mood for selling and buying....just securing the "original dashcoin" network from DARK intensions and motives with AMD's and Intel's at home from the otherside of the globe  Sorry, it's unlikely to help you. But maybe you can resurrect the coin? Fork it and see if you can get people to buy again? Otherwise, I suggest you beware what you're spending on  maybe people are starting to buy it since dashcoin name has something and dark is trying to steal it @ Minotaur26 You got us all wrong, I am sure we could be friends. I am sorry this has been a hard process for you but it has nothing to do with DASH(DRK). What would you like to see happen going forward? What do you want?
i want to believe in crypto currency..removing the dev of dashcoin, trying to kill the coin for its name, leaving community to rot simply disgust me.. Um your dev left and opted to sell the repo and rights to us. You're free to fork the coin and continue development if you so desire but according to coinmarketcap, it was pretty much all but dead prior to the Darkcoin's rebrand. So what you're saying is Evan rage quits and sells the password to the Darkcoin repo for $10.00 to some guy in Canada, that's it? That new dev can do whatever he wants with the Darkcoin name and brand? There is no legal recourse for the Darkcoin owners? Heh. I think not... |
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I've spent the last few days significantly reducing my position in DRK due to this statement by Evan:  As any of you in the USA smart enough to follow financial laws know, the IRS and SEC have made some rather interesting rulings regarding cryptocurrency. While I am no attorney (but make the habit of occasionally talking to one) I suspect there is going to be some... "Drama" I have been making posts about the important need for, "Business Acumen" in the Darkcoin ranks. Before I buy back into Darkcoin in size, I now have the requirement that a very well-seasoned business executive that a venture capitalist would love be brought onto the Darkcoin in Darkcoin's future. team to make and handle business decisions. Note, this kind of person is going to likely require a large, vesting offering of Darkcoin for the trouble. You are making this "drama" up from your ass Please, go back to your farm I wish that was true. Let's look at the IRS's guidance on virtual currency, shall we? http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-GuidanceHow can Evan own something that is treated as property when I own billions of it as well? And if he doesn't really own it, how can he make a legal challenge that requires his ownership? Maybe he can. Maybe Darkcoin has a team of amazing attorneys that understand cryptocurrency. All I know, is those 568 shares of Google I own don't allow me to make trademark claims on behalf of Google. I SUSPECT that whoever owns 50.000000001% of Dashcoin is going to own the Dash financial trademark. But even then, it could be an ugly fight. Or maybe not. It's going to be interesting! Or maybe not. Heh. + 184.46 billion dashcoins I think it has to do with who has control over the github repository. And to be more precise, I think all that does is say we've had the project before the first application for a trademark, therefor we can contend the trademark. That's it, that's it's only reason for being acquired. So we can protect our use of the name. The owners of dashcoin continue to own their dashcoin which is only worth what someone is willing to pay. Which means, btw, that if the last sale of a coin was 3 months ago for 0.00000001, and that causes the marketcap to read $3000 or something, it doesn't mean it really is worth $3000, just that that was the last sales price/marketcap that could be registered. I bolded why your argument doesn't work for Darkcoin. I and other Dashcoin holders are the owners of Dashcoin. I propose that Darkcoin pay $1,000,000 in marketcap to Dashcoin holders to do a proper takeover. If 50.1% agree, THEN you have legal precedent. Until then, in my opinion, Darkcoin has no legal standing. |
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Otoh wall taken out.
All if not most of otohs coins are on finex and not cryptsy anyway. Long live Dash. I get the argument My Farm is making, but I think trademarking is just such a small piece of the puzzle. It's a huge piece of the puzzle. Make no mistake, I'm still a Darkcoin technology fan. But this entire saga is exactly why venture capitalists almost always bring in handlers with serious business acumen for tech innovators. Darkcoin needs one. Badly. If handled properly, this saga may actually benefit Darkcoin in the long term. But I'm not willing to take the financial risk while we wait around to find out. You are just confusing people, owning all BMWs in the world does not give you any rights to their trademarks. Actually, there is a serious point here. Regulations follow control. Anyone that controls a financial services project may be liable under the eyes of law enforcement. In that event the person(s) who are deemed to be in control, they would have to apply for regulatory supervision. This is a project without boundaries, so regulatory control is worldwide. Laying a claim to trademarks leaves open the door to regulatory control. That, I'm afraid to say, is a centralisation risk. However, the darkcoin foundation can own trademarks. How it enforces them is a grey area. What is their economic loss, if they are a foundation that is ostensibly not making money or in it for profit. To be on the safer side, Evan should step down from the foundation as he could be seen as controlling the keys to the project. This is not unique to DRK, its a risk that a lot of projects have. Bitcoin has a foundation that supports core developers, so while this is a grey area, it is not without parallels. Is all very interesting, but the point I was trying to make is he is just contradicting himself. He said the coins were property and then said owning 50% of property gave you rights which is not true. That is like saying owning 51% of MacBooks gave you rights over the trademarks. He is just wrong and as far as I am concerned can do as he pleases. I understand what you're saying, but virtual currency is a very different space. The courts have yet to decide a host of issues and I suspect there is a reasonable chance that the way Darkcoin is going about this Dashcoin takeover and trademark challenge is going to result in Darkcoin being involved in some of those first decisions. SEC Chairman Mary Jo White wrote in a letter dated August 30th, 2013: Whether a virtual currency is a security under the federal securities laws, and therefore subject to our regulation, is dependent on the particular facts and circumstances at issue. Regardless of whether an underlying virtual currency is itself a security, interests issued by entities owning virtual currencies or providing returns based on assets such as virtual currencies likely would be securities and therefore subject to our regulation.” |
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Evan Duffield of Darkcoin has shown that he is willing to pay a developer to in essence abandon their coin instead of doing a proper takeover. Did he do that with Mr. Spread and Spreadcoin? I have no proof, but certainly think it's possible. |
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....
edit: well evan i won't be contributing to your murder of my dashcoin. your darkcoin won't get far having blood on its hands.
Seriously? yeah it is a taint they cannot remove forever.. First of all, you must be an idiot. Second, I just posted this on the DRK thread: You know what? You guys have been quite nasty to your part time developer! Why don't you act nice toward him and ask him to continue with the project? There is nothing to stop him! Darkcoin got what they wanted to make a case, it really has nothing to do with you all, and maybe the money your developer got (I assume he was compensated) will actually provide him with the means to continue. You'd do well to woo your developer. No reason he can't continue with this baby unless he hates all of you! The fact he hasn't posted here to talk to you (unless he is indeed talking to those on IRC) might be a hint he's had enough abuse. It's an open source project. Developers come and go, and I doubt anyone much cares what 'slb' (whoever that is; it was clearly a sock puppet) thinks or does at this point. Here's a clue for you: 'slb' did not even create this coin, it is a direct clone of Bytecoin. He maintained a repo for a while, good for him. Someone else will take over now (if someone even chooses to do so, I have no idea). No one on the Darkcoin team cares whether or not the development of this coin continues or not. They sought out the lead dev and if purchasing the "rights" ends up being the credentials to the github repo to contest a trademark, then so be it. This coin could easily continue on its path if it so desired. Let me use an analogy. As the United States Internal Revenue Service has ruled that cryptocurrency is PROPERTY, Evan buying off the dev and the repo is like him buying the homeowners association of a big condo complex. He doesn't own the condos, he just owns some association that the owners of the condos don't really like anyway. It is up to the majority owners of the condo if they want to change their name or not. Evan owns nothing of value in my opinion. Myself and the other Dashcoin owners own the Dashcoin name. I think a fair price would be for Darkcoin (or other entities) to purchase Dashcoin at a 1 million dollar marketcap payable in BTC or Darkcoin. This is the correct way to take over businesses and all their rights. Owners of Dashcoin, please respond with how many Dashcoin you have and if you think a 1 million dollar marketcap takeover is fair. |
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Otoh wall taken out.
All if not most of otohs coins are on finex and not cryptsy anyway. Long live Dash. I get the argument My Farm is making, but I think trademarking is just such a small piece of the puzzle. It's a huge piece of the puzzle. Make no mistake, I'm still a Darkcoin technology fan. But this entire saga is exactly why venture capitalists almost always bring in handlers with serious business acumen for tech innovators. Darkcoin needs one. Badly. If handled properly, this saga may actually benefit Darkcoin in the long term. But I'm not willing to take the financial risk while we wait around to find out. |
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I've spent the last few days significantly reducing my position in DRK due to this statement by Evan: As any of you in the USA smart enough to follow financial laws know, the IRS and SEC have made some rather interesting rulings regarding cryptocurrency. While I am no attorney (but make the habit of occasionally talking to one) I suspect there is going to be some... "Drama" in Darkcoin's future. I have been making posts about the important need for, "Business Acumen" in the Darkcoin ranks. Before I buy back into Darkcoin in size, I now have the requirement that a very well-seasoned business executive that a venture capitalist would love be brought onto the Darkcoin team to make and handle business decisions. Note, this kind of person is going to likely require a large, vesting offering of Darkcoin for the trouble. You are making this "drama" up from your ass Please, go back to your farm I wish that was true. Let's look at the IRS's guidance on virtual currency, shall we? http://www.irs.gov/uac/Newsroom/IRS-Virtual-Currency-GuidanceHow can Evan own something that is treated as property when I own billions of it as well? And if he doesn't really own it, how can he make a legal challenge that requires his ownership? Maybe he can. Maybe Darkcoin has a team of amazing attorneys that understand cryptocurrency. All I know, is those 568 shares of Google I own don't allow me to make trademark claims on behalf of Google. I SUSPECT that whoever owns 50.000000001% of Dashcoin is going to own the Dash financial trademark. But even then, it could be an ugly fight. Or maybe not. It's going to be interesting! Or maybe not. Heh. |
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I've spent the last few days significantly reducing my position in DRK due to this statement by Evan: As any of you in the USA smart enough to follow financial laws know, the IRS and SEC have made some rather interesting rulings regarding cryptocurrency. While I am no attorney (but make the habit of occasionally talking to one) I suspect there is going to be some... "Drama" in Darkcoin's future. I have been making posts about the important need for, "Business Acumen" in the Darkcoin ranks. Before I buy back into Darkcoin in size, I now have the requirement that a very well-seasoned business executive that a venture capitalist would love be brought onto the Darkcoin team to make and handle business decisions. Note, this kind of person is going to likely require a large, vesting offering of Darkcoin for the trouble. |
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Willing to buy up to 51% of all outstanding DSH at .00000025 XMR/DSH. That is my bid on Poloniex, feel free to hit it. I'll add to it as I transfer more BTC to Poloniex.
I am also happy to do private deals for BTC for 1,000,000,000+ coins at a time. PM me.
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Darkcoin video:
[Video of NSA Headquarters]
[Cut to a room inside the headquarters with a man behind a desk at a computer clicking away and chuckling]
[In walks another man]
"What are you doing Johnson?"
"Checking out people's purchase history."
"New case?"
"No, I'm just bored."
"Umm, isn't that illegal?"
[Looks up ominously] "You know what we do to whistleblowers around here, right?"
[Looks scared for a second] "I'm just kidding Johnson, shit!"
"Come check this out then. Look, Daniel Boggs in Asheville just bought a 12 inch dildo with his Visa. HAHAH!"
[both men behind the desk]
"Bonnie Franks of Boise bought a 20 pack of magnum condoms with her Mastercard. Hahahahahah, SIZE QUEEN!"
"Eric Snyder just donated $50.00 to Planned Parenthood with Bitcoin. Yep, you're now on the list. [click]"
"Denise Carpenter just bought lingerie with her Discovercard. Let's check out her profile... "WOW!"
"HOLY HOT"
[look at each other then both reach for a bottle of lotion on the table at the same time]
[Cuts to black -- Display the following text]
Privacy is a human right. Keep them in the Dark.
[Next screen]
DARKCOIN
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