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4641  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 13, 2014, 07:07:14 PM
1. Jon claims that the coin is there, but "unavailable."  The court would explicate the meaning of that mysterious word, letting you find out WHY and FOR HOW LONG.  Absolutely no reason for any form of bankruptcy.

So? And you cant imagine reasons why a court could say that it doesnt matter since the coins are unavailable and getting them back is speculative?...

I can't imagine the court being satisfied with Jon's "SRY U Gise, I can't tell you because reasons! I can haz bankruptcy?"  Bankruptcy protection is not get-out-of-jail-free card.  If you have embezzled money, you can't simply "Lol, UNAVAILABLE" and file for bankruptcy--bankruptcy protection is not offered to criminals.  Don't know why this needs to be repeated.

No, im sure he would tell the court what happened. If he didnt it would look like he stole them. But he would most probably in the same situation every company would be in that situation. It doesnt matter that theoretically you should have more money or get coins. You cant pay now, the debtors dont pay instantly... your bankrupt. Im sure you will find examples for this in the country you life in. Many companies go bankrupt simply because a debtor isnt paying (fast) enough. It doesnt matter then anymore if you cant pay your own debts.

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2.  If the coin is gone, what difference does it make if the entity known as WeEx files for bankruptcy?

I dont know the details but in case weex gets sued... and driven to bankruptcy... would you buy the company to be able to get the chance to get the coins back? You would buy all debts with weex too and you dont even know for sure you get the original coins back. So would you buy the company to be able to get the coins back? If not... lets assume someone would have to pay the coins back to weex... if there is no weex anymore then the debt dies too.
Im not saying this way.

Wat.
No, i would not buy WeEx under any circumstances.  No, suing WeEx will not extinguish WeEx debt.  WeEx being a scam makes Jon personally responsible for WeEx debt.  Again, bankruptcy protection is not extended to criminals.

I dont speak about your dream of weex being a scam in reality. You cant proof this. And as long as its this way its your own illusion.
Lets say ukyo wont be personally responsible and he would be protected by company bankruptcy. And then? You think anyone cares about your "but... but... it has to be a scam..." then anymore.

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3.  WeEx is an Australian-registered company, if I remember correctly.  Not sure about Australian law re. bankruptcy, but in US, only chapter 7 is straightforward liquidation.  The creditor would also have to petition for it.  It is not automatic, and it is not "the law."  

But you would force a company owner to file bankruptcy to avoid "failure to file for insolvency in due time" since thats something you can be punished for. So ukyo only has to choice to let weex life, have the chance and hope to get the coins back or being forced to file bankruptcy in order to not being charged. He could go the easy way as far as i saw, letting his trust here die completely and thats it. But he choses to try getting everything back and holding chances open.
So yes... its insolvency by law.

We are going around in circles.  Jon claims the coins are not gone, thus filing for insolvency would constitute fraud on his part.

See above. Your statement only would be valid when he wouldnt tell the court what happened. But im sure he would say what happened. Even when it means the coins are gone then.

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4.  The Australian registration will be examined, laughed at, and promptly deposited into recycling bin, so it may, some day, become useful.  Unless there's a more credible registration, there is no corporate entity to seek bankruptcy protection, only teh natural person, Jon.

What? Only because you believe a company isnt a real company doesnt make this true. If this would work we all had our coins back long ago. Please a bit less dreaming. A company registration is a company registration. It doesnt matter if you think a company registration is credible.

Yes.  Yes it does.
Taking to you is as frustrating as talking to a born-again Christian who grasps at any straw just to convince himself that all his stupidity, wrongs and inadequacies will be righted in the afterlife, where his failures will magically become virtues, and he'll plant his ass at His Right Hand.

There is no reasoning with that but, at least, these Christian wannabes admit to being lowly sinners, and their humility (even if insincere) is their saving grace.  You--while driven to your present condition by basest, unchecked animal greed--have the audacity to keep churning out this nauseating apologia.

Stop.  Learn to dignity.  Jon is not your friend.  Jon has conned you.  You are his mark.  Stop hanging out on IRC, begging for crumbs.  Behave as if you respect yourself, and, by route, you will learn to.


Ah... i see... arguments are gone. Good luck living in your reality bubble... Smiley
4642  Economy / Securities / Re: ⋆⋆⋆⋆฿itcoin฿udz⋆⋆⋆⋆ Emerging Market IPO on: July 13, 2014, 04:03:39 PM

Yeah... looks great... but i wonder if this really can work. Its not the first time such a project collected money and didnt deliver. And they only wanted to collect such small amount of money? I cant believe that this amount makes a different for this project. But maybe they see it only as an advertising campaign and had their costs backed already before?
4643  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 13, 2014, 03:48:50 PM
1. Jon claims that the coin is there, but "unavailable."  The court would explicate the meaning of that mysterious word, letting you find out WHY and FOR HOW LONG.  Absolutely no reason for any form of bankruptcy.

So? And you cant imagine reasons why a court could say that it doesnt matter since the coins are unavailable and getting them back is speculative? You speak like you never checked how bankruptcies work. If a company has a debtor that doesnt pay and doesnt pay, while in the meanwhile you cant pay your bills... then the company goes bankrupt. Thats it for the company. So please dont only put your believe in this, check reality.

2.  If the coin is gone, what difference does it make if the entity known as WeEx files for bankruptcy?

I dont know the details but in case weex gets sued... and driven to bankruptcy... would you buy the company to be able to get the chance to get the coins back? You would buy all debts with weex too and you dont even know for sure you get the original coins back. So would you buy the company to be able to get the coins back? If not... lets assume someone would have to pay the coins back to weex... if there is no weex anymore then the debt dies too.
Im not saying this way.

3.  WeEx is an Australian-registered company, if I remember correctly.  Not sure about Australian law re. bankruptcy, but in US, only chapter 7 is straightforward liquidation.  The creditor would also have to petition for it.  It is not automatic, and it is not "the law."  

But you would force a company owner to file bankruptcy to avoid "failure to file for insolvency in due time" since thats something you can be punished for. So ukyo only has to choice to let weex life, have the chance and hope to get the coins back or being forced to file bankruptcy in order to not being charged. He could go the easy way as far as i saw, letting his trust here die completely and thats it. But he choses to try getting everything back and holding chances open.
So yes... its insolvency by law.

4.  The Australian registration will be examined, laughed at, and promptly deposited into recycling bin, so it may, some day, become useful.  Unless there's a more credible registration, there is no corporate entity to seek bankruptcy protection, only teh natural person, Jon.

What? Only because you believe a company isnt a real company doesnt make this true. If this would work we all had our coins back long ago. Please a bit less dreaming. A company registration is a company registration. It doesnt matter if you think a company registration is credible.

5.  In the alternative, even if the business registration holds up, it offers no protection, since WeEx was not registered as a money transmitter.

So? Please ask a lawyer before being so sure about this. I think its more correct that the missing registration leads to a fee that has to be paid but the company and what it did doesnt become illegal automatically only because of that. It would be plain stupid if so. Its like you say a restaurant had a mice in the kitchen... they dont have to clear things and pay a fine if you would be the judge... no the whole restaurant would be illegal out of the sudden. Every guest suddenly had to get back his money he paid for eating and and and. Thats a dream of yours only.

TL;DR: I hope you're fronting for Jon, 'coz it hurts to think that people could be so easily conned.

I constantly try to catch him on IRC to speak with him so that i get informed about whats going on. And like i wrote... im sueing the labcoin scammer (at the moment only police investigation and private investigations) and i would have sued pirateat40 if i lost coins there. I would sue kslaughter too if i wouldnt think he only is an inept business man and not a scammer. But ukyo is different for me and thats why my unemotional decision is how it is. But believe me... im angry... it only doesnt matter. And i really really really hate not to know what happened. But i chose to be calm and trust ukyo for now. If i would act how i feel i would beat everything to pulp. Unfortunately it wouldnt help me at all.
4644  Economy / Securities / Re: [Official Thread] BitSpeculate.com Bitcoin Stock Exchange on: July 13, 2014, 03:23:13 PM
Moriarty? Is this the inside scammer joke "I hinted you before"? Trusting a pirate...at40 and later saying: "What you want... i hinted before im a pirate?"
4645  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 12, 2014, 10:06:14 PM
For many young people for example it can be problematic to get a loan for buying there first house or appartment, its very common here in Sweden that parents have to step in as security on a loan there kids take to get there house when we talk about slightly larger loans in a few hundred thoused to a few million usd equivalent, the banks may not accept just the house and the incomes from the younger person as security as houseprices can go down and future incomes may be uncertain.
On the other hand people can get big loans in blanco or at the very least with for example a house as security if they have a long and good credit record and have incomes that is good, maby its due to better pay back rates and the fact that its easier for banks to garantee that they get there money back here one way or another if something would go wrong, as people cant just declaire bancrupcy and think they can walk away from there depts here, it may be possible under very extreme conditions nowadays to do so after many years if its totally impossible for the person to work there dept down, but it wasent that long ago that it was impossible for someone to even go that route and have depts written down in such way.

Im not really sure how its in the US now. In germany some years ago the possibility to go bankrupt as a person was added. Simply because it doesnt make sense that someone lives for the rest of his life under the bear of debts that he sometimes never can pay back. So he now has a hard time for one or two years and then he can start over. The risk is then more on the side of the creditor. Maybe thats a reason they are very cautious to give loans.

But its similar here that parents get a loan to help their kids build their house. But its nowhere near a few million usd. Though such a loan is different. A fresh family starting is a parents wish for a good start. Doing the same only to let the money flow to some random internet people has not much appeal. I mean they would need to pay back the debt in the meanwhile and hope to get it back from ukyo. But still they would have to pay first. And have the chance having to pay it back in full. Or even lose the house when they cant pay anymore for some reason. If i would be ukyo i would never ever ask my relatives to take such a risk for me.

I only say it would be a huge step by relatives and i doubt they were happy to step into such thing...

... Especially its not a problem when you can go bankrupt personally. Then the family would be plain stupid to put money into it.

You know what else is plain stupid?  Expecting restitution from a d00d who threatens to declare bankruptcy when asked to repay the money he owes you.

Its no threat... its common sense. If the coins arent there and you sue weex then weex HAS to go bankrupt by law. As long as you dont sue weex the company can exist and the chances to get the coins back exist...
4646  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 12, 2014, 01:29:53 PM

So you compare me to someone that found a hyip the first time.  Roll Eyes I guess your world is just black and white.

Ukyo has made a lot of promises. I've talked to him here and there about his plans for the ukyo.loan funds.

Like others, he has told me he is working on a big project but I know even less about it that other posters here seem to.

He has said he would be posting here soon with a status update. I can understand why he avoids these boards, but we, as creditors, need something.

The big question is how long are we willing to wait?

At some point his biggest creditors are going to sue him forcing him to pay up what he can and declare bankruptcy to get rid of the rest.

I hope it doesn't come to that, but it really is a question of how patient are we willing to be.

Does ukyo really have a big project that will enable him to pay off the debt by the end of the year (as he has claimed) or is he simply living off of all our bitcoins?

Personally, I think we deserve more information from him. I have had an awful hard time contacting him recently and have a lawyer on retainer if it seems like he has abandoned us. I am trying to give him the benefit of the doubt but I am about to start the legal process in the meantime as he his lack of communication is leaving me no other choice.

FWIW, ukyo owes me >250 btc presently. I might be his biggest creditor. I'm not entirely sure.

Ukyo loan and weex are two different things. Sueing for ukyo loan would be pretty easy because you would need to sue him personally and you would be successfull most probably. The question would be the outcome of it. Chances are you win but get practically nothing.

A different thing is weex. I hope no one tries to sue weex now. Besides the slim chances of winning and getting something back... if the bankruptcy of weex company really means my chances to get my original coins back vanish... im not sure what i do with this "smart person". Of course all on the assumption ukyo told the truth. The problem seems to be... once we know what happened... either the coins are back or the coins cant never be retrieved. And the chances for the original coins look not so bad... only time is needed.

I didnt lose as much coins as you but like i wrote, i once let my lawyer sent him and graet a letter demanding informations. After that i got some longer talks on irc so i at least could get a feeling about what happens.

Well i guess rules is different in different countrys, if he had lived in some countrys he would have ended up having to pay for the rest of his life if he had depts he couldent pay. Around a million usd isent that mush, many people can get loans for such amount with or without security in many countrys around the world, i dont know exactly how ukyos econimical situation is, maby hes not in the possition to get such relatively large loan. and the family part that was just mean as they could go in and help securing his loan if the bank wouldent allow him a big enouth loan without extra security in the form of people that would be legally bound to cover up for him if he cant fully pay the loan to the bank back alone.

At least in my country the banks are very very cautious if they would get their money back. They would never give out a million usd without giving security in exchange. So the family would have to risk their houses or similar things. I never could imagine that someone would do this without pressure. If one gets indebted then its his fault and he has to take responsibility. Especially its not a problem when you can go bankrupt personally. Then the family would be plain stupid to put money into it.
4647  Economy / Service Discussion / Re: Why don't exchanges offer interest on your balance? on: July 11, 2014, 06:52:37 PM
Ha ha, Vircurex offered and offers interest.  Then they promptly Lost All the Coins (TM).

If a firm is offering interest it means they are probably using your coins for something else while you hold them there.  I would be cautious.

Good Luck!

Depends on the business they are in. If its a normal exchange then they might want to get more trades with it when this exchange is similar to another. In case of playtin they want users to have coins deposited because they hope that it leads to some of them playing in the casino...

This is what I was getting at. If an exchange offers interest on your coins there is more incentive for you to keep them there and trade. The exchange makes out on the trade fees, much like a casino would make money on user's gambling.

Ah ok... i thought the cautious was meant because you think thats a fishy behaviour.
4648  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 11, 2014, 06:46:25 PM
A fair argument will never be achieved when you claim to know more than others, Seb.

Are you saying that Ukyo has asked you, and a few others to keep quiet about his plans?

I dont know what happened. I only had a lot of conversation with ukyo so i could make my own image of whats going on.

Of course i know a little bit more about what he does now since i dont post the chatlogs nor tell details because i promised not to do so. Ill honor this.

Please feel free to do the same to get your own image.

Where is the hint that he doesn't have the coins? I don't care if you sue or not, but i have no idea why you or anyone else would trust this guy after what he's done. He either lost are stole a shitload of coins, and no one did or is going to do anything about it. Why? Even in the best case scenario where something truly unexpected/unexplainable/unsolvable happened, why on earth would anyone have faith that a guy who has been silent for months will be able ot make up the entire debt?

And if you don't want to go after him for piercing the corporate veil, that's fine, but I still think peiople owed money should look into it. Again, not a lawyer, but to this layperson I see a big difference between a ceo "investing" in a "company" (especially one that's dead) and a ceo using personal funds to pay corporate debts. Good luck waiting for the magic to happen.

There are other explainations what could have happened so that ukyo couldnt change it nor avoid it. And as far as i wrote with ukyo he is doing all he can to get all back. And i wait because i believe thats the best choice now. You only dont understand it because you think hes a scammer.

> Even in the best case scenario where something truly unexpected/unexplainable/unsolvable happened, why on earth would anyone have faith that a guy who has been silent for months will be able ot make up the entire debt?

* I know he works on projects
* I wrote with him and was able to get a feeling about how things go
* The silence is because
** it could lower the chance to get weex coins back
** speaking without a success only means shitstorm
* i dont have another choice. Simple business decision.

I lost coins in weex but i dont think the issue is of some kind that could pierce the corporate veil. On top... if sued it could lead to all hopes for weex coins are gone. If he has to pay from private belongings it might even mean he cant work the coins back. So sueing simply sounds like a stupid business decision. If there were no chance anymore then it wouldnt make sense to hope and i would sue him only to get him fined.

I think your "believes" of what happened, that he has the coins or what will happen if sued are on very thin feets. Nothing i would set on. So think what you want about me, i believe thats the best choice for the moment.
4649  Economy / Service Discussion / Re: Why don't exchanges offer interest on your balance? on: July 11, 2014, 06:17:14 PM
Ha ha, Vircurex offered and offers interest.  Then they promptly Lost All the Coins (TM).

If a firm is offering interest it means they are probably using your coins for something else while you hold them there.  I would be cautious.

Good Luck!

Depends on the business they are in. If its a normal exchange then they might want to get more trades with it when this exchange is similar to another. In case of playtin they want users to have coins deposited because they hope that it leads to some of them playing in the casino...
4650  Economy / Service Discussion / Re: Why don't exchanges offer interest on your balance? on: July 11, 2014, 04:59:26 PM
You can use playtin for that. They pay 4% per year for coins lying there. Though they arent a really big exchange, only trading some coins and the trading system is not as advanced as from other exchanges.
4651  Economy / Service Discussion / Re: Which US banks have the least issue with localbitcoins ? on: July 11, 2014, 10:49:02 AM
You never should use your normal bank account that you use for the daily needs for bitcoins. Many users in europe made the bad experience that their bank account was closed because the banks feared it could be connected to money laundering. They dont proof it, they just prefer to close to avoid the work.

I cant suggest an US-Bank since im not from the US.
4652  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 11, 2014, 10:46:03 AM
Maybe youre right IPO Magic. Weex didnt transfer coins from or to bitfunder since bitfunder never handled coins really but weex transferred coins from one owner to another. Though not storing the real infos of the persons to protect against money laundering is only a thing he would have to pay a fine for. I dont see that this is enough to lose the bankruptcy protection. The contracts between the parttaking parties were real even without license.

Its a bit strange that everyone happily jumps into unregistered ventures but when it goes wrong he claims it was illegal from the start. While everyone knew it before. Judging from that practically no bitcoin business would be legal.

Im not defending ukyo. I only do what i think has the biggest chance for me to get my coins back. I know many people cant think clear anymore when it comes to that point. Im not like that. So go ahead and think what you want of me. Its only a business decision based on the things i know. I wont sue if i dont see a chance that it will have a nice result. I prefer to wait if he can sort things out. Of course if he would vanish and nothing moves anymore i would sue him instantly. Since then it wouldnt look like he works on things anymore and all would most probably be lost. I would sue him just for justice then.

So see it as admiration but i see that you put emotions into business decision. Something thats very much wrong and most users that are longer in bitcoin community had to learn the hard way. Im one of them.

Phildo... The CEO of a company can invest coins into his own company, even to pay back debts. But that doesnt make him liable to do so. Only if he promised to do something then it could be a contract. But the contract cant be filled anymore because the shares were stolen.

You only say i should sue because for some reason you believe he has the missing coins. I dont know how to judge this. Is this the hope of a desperate that prefer to believe in a good vision of reality? Wheres your hint that he still has the coins? And even when he really would be a scammer... dont you think he could be smart enough to have the coins hidden long ago? Maybe even so that it looks like stolen and no one can prove otherwise?
So i think your delusional. Please believe what you want but i dont act on such a thin hope. The hope on the other side is bigger since i saw he works on things.

But like i said... i never understood the guys that didnt sue pirateat40 when it was clear that it was a scam. I thought its plain stupid. And i sue the labcoin scammer because its clear its a scam. And i would sue ukyo when its clear its a scam. But its not clear. It looks to me the other way. So again... act on the believe that everything is how you wish it to be but i dont think thats an unemotional decision.
4653  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 11, 2014, 01:06:55 AM
I'm not a lawyer, but I bet a good one could pierce the veil for weex. Didn't Ukyo, the person, claim that he wanted to sell his personal shares of active mining to pay back weex people. It may have been the loan, but I would look into that if I lost money.

Yes, he wanted to sell his shares to pay back part of his debts. Though ken slaughter stole the shares only to make all the coins coming from it worthless at the end.

If ukyo wanted to pay it back this way doesnt make a legal way to sue ukyo directly because the ceo of a company can pay with his private belongings but that doesnt make a right for others to be paid by his other private belongings.

An unregistered exchange is not a scam in itself, but by virtue of being illegal it is not afforded the protection of teh corporate veil.  It can not enjoy bankruptcy protection any more than Dimebag Pedro could.  Again, see Piercing the corporate veil

bitfunder was the exchange. Weex was a kind of wallet and weex is the company that lost coins. But even when this wouldnt be the case... it depends on what happened with the coins. He didnt sell shares for a company he owns. He only had a wallet that lost coins and an unregulated exchange. So what will you charge him that could make him personally viable? Lets say the coins vanished because they were stolen. I dont see how you could justify that he personally had to pay for it. Not to speak about if he could do it at all.
4654  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 10, 2014, 09:41:00 PM
...Its true that its possibly easy to get him sued for his loan. But i doubt that there are assets of any substantial value. Future incomes ok but rest of his life wouldnt be correct too. He simply would need to file personal bankruptcy and thats it...

An illegal, unlicensed exchange can not declare bankruptcy.  Just like a Ponzi scheme can not declare bankruptcy.  See Piercing the corporate veil.


You speak about bitfunder. Thats different from ukyo loan. Ukyo loan was a private person, ukyo, taking a debt from other private persons. Thats why you can sue him easily.

Weexchange is different. Its a company. If you sue it theres a chance it goes bankrupt and thats it for the debts. If you claim it was a scam you need to provide proof. An unregistered exchange is no scam in itself. An unregistered exchange only means he would have to pay a fine. Thats all. Next step would be the coins missing. And everything was done as a company... weexchange. Chances are... like i wrote... that you sue, weexchange goes bankrupt and thats it. You dont know what happened and ukyo only would be privately indebted if he did something criminal where the company wouldnt protect him against. As long as you dont know what happened its a gamble to sue weexchange. Either you get nothing or you get ukyo to pay back. But ukyo most probably has not the money to pay anything worthwile back.

Thats why i only sent a lawyer letter to ukyo to get more information but didnt sue weex...
4655  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 10, 2014, 09:16:35 PM
Have you read his recent updates in the discussion section of the portal?

Do you mean at https://loan.weexchange.co/ ? I didnt know there is a forum behind too. Though i anyway wouldnt be able to read there since i only lost coins in weexchange, not with ukyo loan.
4656  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: July 10, 2014, 09:05:57 PM
If he dont live up to the minimum standards we set, then we all join together and start a single lawsuit against Ukyo, i cant really see that there should be any mayour cost involved in starting a civil and/or criminal case against Ukyo as it should be pretty simple and clear case(he borrowed money and hasent payed interest accouding to term and he hasent payed back the principal either to those that requested there shares bought back) and it should lead to that we get lien on all his assets of any substancial value and all his future incomes(except for some minimum needed for food and such) that Jon Montroll has for the rest of his life or until he has payed back the entire loan.

If Jon Montroll realy wanted to, im sure it wouldent have been impossible for himself, possibly with the help of his relatives to go get a loan for 800k/1.2 million usd(@ 400-600 usd /BTC) that the value of 2 000 btc has been around the last months and he could have had the entire loan paid of a long time ago.  

Its true that its possibly easy to get him sued for his loan. But i doubt that there are assets of any substantial value. Future incomes ok but rest of his life wouldnt be correct too. He simply would need to file personal bankruptcy and thats it... for one year he would have to pay and then the rest of the debts are deleted. No chance at all to get the rest back anymore.

Im not sure what family you have but a loan for 1.2 million usd? I know nobody that could make this possible. And why should a family do this anyway? He is american... not some tribal citizen where debts could be a honor threat to a family. His family would flip him the bird if he asks them to get indebted that high because of some random internet guys.

But try it... judging from the amount of the size of the debt of ukyo loan i dont see that the cost of a lawsuit... yes, you would have to pay lawyers... would be worth the return. But maybe im wrong and he has some property somewhere. I only doubt it.
4657  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: July 09, 2014, 08:15:44 PM
Great to see you dig into this, Sebastian!

And yes, you are absolutely right, BTC100 deserves some press publicity for all there was already achieved.

Ente

Not only that it deserves it... it would serve as proof that the coins reach the correct target too. Side effect would be bitcoins in the news. Dogecoin was very very successful with this.
4658  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: July 09, 2014, 11:30:54 AM
Charities list to go over.


From: Dr. Felix Kaegi
Sent: Mar 7
 
Hi Dmitry

The Global Peace Initiative Switzerland is a charitable, tax-exempt organization in Switzerland dedicated to promote peace in the world. Since approx. a month we are accepting Bitcoin donations. Here is our donation page (in German): http://www.friedensinitiative.ch/spenden

Can you include us on the Bitcoin 100 Charities list as a non-political, secular charity eligible to receive the Bitcoin equivalent of $1000?

Thank you.

Best wishes
Global Peace Initiative Switzerland

Felix Kaegi


Im not sure if this is religious. They claim they use the money to teach persons the peace techniques that came from a yogi. It sounds partly like it could be done to build persons that might help bring peace? somehow. But objectively it sounds like a school for teaching religious lessons from a sacred book. Im not sure what the result of such a peace tech pupil would be.



From: Sarah Jenislawski
Sent: Mar 28

Dear Mr. Murashchik,
 
The Mercatus Center at George Mason University is a non-partisan, 501(c)3 organization. As a university-based research center, the Mercatus Center advances knowledge about how markets work to improve people’s lives by training graduate students, conducting research, and applying economics to offer solutions to society’s most pressing problems. We accept donations in Bitcoin at  http://mercatus.org/donate and would like to take advantage of Bitcoin100’s offer to donate the equivalent of $1000 to charities accepting Bitcoin donations.
 
Thank you for your consideration. I have attached our IRS letter certifying our nonprofit status.
 
Best wishes,
 
Sarah Jenislawski


It seems to be a (online?) university. Donating of course might help better the life of people like education will always do.

The difference seems to be that they try to "The Mercatus Center is a university-based research center dedicated to bridging the gap between academic research and public policy problems."

"The Mercatus Center at George Mason University is the world’s premier university source for market-oriented ideas—bridging the gap between academic ideas and real-world problems."


From: John Chau
Sent: Apr 9

Dear Rassah and all of Bitcoin 100,
I currently work for a non-profit organization called More Than A Game that focuses on using soccer to give refugee youth the opportunity to grow in character, leadership, and teamwork through soccer camps, tournaments, and leagues. This summer, we'll be sending a team of soccer coaches over to Iraq to start up a sustainable soccer league in a Syrian refugee camp near Erbil. We recently began accepting BTC as an acceptable way of donating, and I was wondering if Bitcoin 100 would be interested in donating BTC to More Than A Game? Let me know if you are interested or would like more information!

Thanks!

John A. Chau
Outreach Coordinator


Looks like a classic charity. They seem to use football to first make competitions to collect money and second use football to better the life of refugees by having fun.


From: Josh Fuller
Sent: Apr 9

Hello Rassah!

I'm a board member of a non-profit in South Korea.  We coordinate safety and cleaning initiates all over the country for the rock climbing community.  I've recently heard a podcast about the bitcoin 100 on the Ltb network.  I'm very interested in providing bitcoin as a donation option on our website and was curious about the donation promotion your group is currently doing.  The site is KOTRi.org

Please let me know what actions we can take to move forward.

All the best,

Josh Fuller


The website is rather simple but it looks like they try to make climbing safer? They donate workpower to clean walls, recreate the wall for being safer and donate money to victims of climbing.

I only found other mentions of the website at the usual internet marketer promotion ways but nothing like wikipedia, bigger newspages or something.


From: Jonas Vollmer
Sent: May 8

Dear Mr. Rassah,

I was wondering if three organizations that I am involved with, Effective Altruism Switzerland, the Giordano Bruno Foundation and the Foundation Research Institute would be eligible for your program?

None of them currently accept bitcoin. If they begin to accept bitcoin will they be eligible to receive the bitcoin equivalent of $1,000?

Yours sincerely,

Jonas Vollmer


The first url http://effectivealtruism.ch is a pretty simple website. There is a movement effective altruism but it has a different url and is mentioned with it on wikipedia. So i dont know if this site here is real or only tries to mimic another project.

The domain http://www.giordano-bruno-stiftung.de seems real and tries to be a lobby for non religious people by spreading ideas of humanism and so on. They are religious critics it seems. At least they critizice that religious projects are paid by the state too and such things.

The domain is mentioned on wikipedia so the project seems real.

http://foundational-research.org
I didnt found the url widely used, the website looks easy but it seems the articles are unique.

Seems to be about humanism again. They try to think about how to better the life of people. Or stop suffering at least.

Let me know if those opinions are worth anything or if you look for something different.
4659  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: July 09, 2014, 10:29:43 AM
Wow, thats great... I never thought such a high amount would be donated already...

So is there a list of NPOs that might get a donation in the future so that i can see if the NPO i suggested matches the criteria?

Those are frequently posted here, mostly by Rassah.
Commenting on those is highly appreciated. BTC100 needs manpower the most, now.

Ente

I checked his last posts and i only found a post where he asked for opinions about newly suggested NPOs.

So after comments came in there must be a list of NPOs that didnt yet receive donations but will get donations in the future. Is there a public list of that?

By the way... so many donations sent... i would await a couple of press releases mentioning it. Though the press-tab on bitcoin100 only shows news about projects accepting bitcoins. Is there a list of news mentioning those donations? They arent small and Bitcoin100 seems to be partly a bitcoin advertising project too.
4660  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: July 08, 2014, 09:35:20 PM
I checked the first post but its not really informing. I see the list of donators, ok but no list of accepted NPOs.

And did only 4 NPOs currently receive donations? 100BTC each? Why such a high threshold? Its $63000 each. I wonder if it needs to be such a high threshold.

So wheres the list of accepted NPOs that will receive donations in the future?

More current info can be found at http://bitcoin100.org

Thanks... so its really a huge list of NPOs that most probably never will get a donation because for some reason the donation has to be that high. I think more good could be done with many smaller donations but thats not up to me.

I would have asked if a political movement trying to fight lobbying, which in most cases lead to people living a worse life, matches the list criteria but when i see the amount of NPOs in the queue it looks like it doesnt matter anyway. Wink

Every charity with a "BTC100" checkmark at http://bitcoin100.org/charities/ has received a donation from Bitcoin100. The checkmark png links to the transaction at blockchain.info.

From the front page:

Quote
Bitcoin100 donates the Bitcoin equivalent of $1000

Wow, thats great... I never thought such a high amount would be donated already...

So is there a list of NPOs that might get a donation in the future so that i can see if the NPO i suggested matches the criteria?
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