CannabisCoin is the future. I own a dispensary in Seattle Washington and it has the most real world use cases for me. That's why I chose it over this coin. Take care all and happy investing. My company:
http://www.leafly.com/dispensary-info/5-star-organicInstagram: @5starorganic 13. Winner’s List: To request a list of winners: (a) send a stamped self-addressed envelope to: Marketing – Leafly® Comedy Tour Contest Winner’s List, 71 Columbia Street, Suite 300, Seattle, WA 98104; or (b) email social@leafly.com with Leafly® Comedy Tour Contest Winner’s List in the subject line.
14. Sponsor: Leafly Holdings, Inc., 71 Columbia Street, Suite 300, Seattle, WA 98104. https://www.sec.gov/Archives/edgar/data/1548908/000154890813000002/xslFormDX01/primary_doc.xmlName of Issuer
COINLAB, INC.
Street Address 1 Street Address 2
71 COLUMBIA STREET, SUITE 300
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
SEATTLE WASHINGTON 98104 855.522.2646
3. Related Persons
Last Name First Name Middle Name
VESSENES PETER J.
Street Address 1 Street Address 2
71 COLUMBIA STREET, SUITE 300 http://bitpages.co/listing/bitcoin-foundation.htmlAny questions? |
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Since the following article is no longer available on the Web (except on TWM), this: http://web.archive.org/web/20140304214237/http://hub.playerauctions.com/bitcoin-mtgox-ryanstrausBitcoin, Mt. Gox & The Question of Trust
Guest contributor Ryan Straus is an attorney at Riddell Williams, P.S. and the co-chair of the firm’s Payments Practice Group. Ryan’s practice focuses on emerging payments, virtual goods and alternative currencies. He has been featured in the American Banker, The Hill, Time, Forbes, Bloomberg and various other publications. Ryan frequently writes and speaks about centralized and decentralized virtual currencies, stored value and other emerging payment issues.
The Mt. Gox situation is troublesome for the bitcoin industry as it exists today. However, the situation presents a bigger problem for the bitcoin industry than it does for bitcoin itself. After all, this story is not about the squandering of trust by one party or the need to restore the community’s trust in other parties. Rather, this story is about the continued bastardization of Bitcoin through the injection of the question of trust into a protocol that was designed to function without it.
“The real bitcoin story concerns the injection of the question of trust into a protocol that was designed to function without it.”
Bitcoin was designed as a reaction to the inherent weakness in the “trust-based model” and was proposed as a purely peer-to-peer version of electronic cash to allow online payments to be sent directly from one party to another without a trusted third party. In sum, the object was to dispense with the need for trust by designing a payment system based on cryptographic proof instead.
However, the joint statement issued by “industry leaders” seems to suggest a reversion to the trust-based system by noting the “hundreds of trustworthy and responsible companies involved in bitcoin” and suggesting that the “tragic violation of the trust of users of Mt. Gox” could be cured by an effort “to re-establish the trust squandered by the failings of Mt. Gox.”
It does not appear that the “tragic violation” was entirely the result of a single company’s actions but, rather, was the result of the industry’s apparent lack of commitment to the core mission of bitcoin: to replace trust with cryptographic proof. Instead of attempting “to re-establish the trust squandered by the failings of Mt. Gox,” perhaps the “responsible companies involved in bitcoin” should work together to build companies that don’t rely on trust at all.
The above reflects Ryan’s personal opinion and does not necessarily reflect the opinions of Riddell Williams P.S. or its clients.
Tags: Bitocoin Virtual Currency
2 Responses to Bitcoin, Mt. Gox & The Question of Trust
1. @ShaunDreclin March 3, 2014 at 4:10 pm #
Wow, you make a brilliant point here. I’ve been keeping an eye on bitcoin but never really got into it, always interesting to read about stuff like this~
2. hacking skills February 28, 2014 at 4:42 am #
Thank you for the amaing read! Bookmarked it! 
Welcome to the hub
The hub is home to the PlayerAuctions blog. Here you will find all the latest news on the gaming industry and our marketplace; the leading platform for player-to-player exchange of digital assets. |
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http://www.americanbanker.com/bankthink/the-last-straw-for-bitcoin-1059608-1.htmlOne question is whether the United States' posture will drive innovation into more lightly-regulated jurisdictions. FinTRAC, Fincen's Canadian counterpart, has recently indicated that certain Bitcoin transactions and business models will not require MSB registration in Canada. However, Stuart Hoegner, a Toronto attorney with clients in the Bitcoin field, says that, just like the United States, other regulations may still apply to bitcoin businesses. "The Department of Finance might also change the AML regulations, either on its own initiative or in response to pressure from the Financial Action Task Force or its members. The FinTRAC rules could change quickly," Hoegner told me.
The BSA is only one part of the U.S. financial regulatory landscape that Bitcoin businesses must navigate if they are to survive. Many Bitcoin entrepreneurs will also be subject to a variety of state money transmission regulatory schemes. Other federal regulators (such as the Commodity Futures Trading Commission) are also likely to weigh in.
If Bitcoin is to survive, it will have to do so as a transparent and (likely) expensive payment system operated by a bunch of financial institutions. https://twitter.com/epaymentslawyer/following Stuart Hoegner was the very first person who Ryan J. Straus followed on Twitter (the second person being Phil Hellmuth).
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It is not possible. Bitcoin is a decentralized situation and it is it not possible for a lawsuit. Who do you sue?
The core devs? Maybe the foundation? What a joke, these guys never really understood how bitcoin works do they. Don't know how they missed it since Straus and Friedberg are buds with Patrick Murck and Jon Matonis. I'd say they're somethin' goin' on behind the scenes that smells like Limburger. Straus and Friendberg came onto the Bitcoin scene just prior to the infamous run-up in 2013, the same time, or just prior to when Patrick and Jon joined to The Bitcoin Foundation goin' through all its moneys while under their watch. Gleb's on the job.  Hey, I'm just here to spread FUD till they pay me my standard extortion fee, of which Leroy Fodor has yet to read the memo. HAHAHA |
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It is not possible. Bitcoin is a decentralized situation and it is it not possible for a lawsuit. Who do you sue?
The core devs? Maybe the foundation? What a joke, these guys never really understood how bitcoin works do they. Don't know how they missed it since Straus and Friedberg are buds with Patrick Murck and Jon Matonis. I'd say they're somethin' goin' on behind the scenes that smells like Limburger. Straus and Friendberg came onto the Bitcoin scene just prior to the infamous run-up in 2013, the same time, or just prior to when Patrick and Jon joined to The Bitcoin Foundation goin' through all its moneys while under their watch. |
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According to this CryptoCoinNews article, anyhow. This is something that the few remaining Bitcoin XT supporters (if any) and Bitcoin Classic supporters will need to think about. That's bullshit. Mr Friedberg is just trying to get his 15 minutes of fame. And no, if this was true, it's not just problem of XT/Classic but Bitcoin and Cryptos in general. Core devs too will have to fork sooner or later. Same goes for any open-source applications (started unanimously). Not just Daniel S. Friedberg (Dan; Danny), but also Ryan J. Straus: https://bitcointalk.org/index.php?topic=1362358.msg13877909#msg13877909 |
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http://blog.cryptsy.com/Some may ask why we didn’t report this to the authorities when this occurred, and the answer is that we just didn’t know what happened, didn’t want to cause panic, and were unsure who exactly we should be contacting. To be fair, it is a crime to make a false report of a crime, and since there wasn't actually an outside theft, they'd be risking exposure if they reported one. Invariably some contingent of 3LA's would investigate such a report and who knows what they might find... lies? Theft? Ball-cupping? Fuckin' Freemasons? You depicted 3-LAs incorrectly.  |
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I was surfing the web and I have found this at Paul Vernon's blog. http://paulvernoncryptsy.weebly.com/Lol. Probably this is very old but still it makes me laught out loud and cry at same time. http://paulvernoncryptsy.weebly.com/
How FinCEN Saves our Currency
8/28/2015
Wherever there is money, there will always be a crime. Having safeguards in place to prevent some of those crimes helps to protect the integrity of the currency and the country involved. For the United States, FinCEN is there to help. FinCEN stands for Financial Crimes Enforcement Network, and they are a bureau of the US Department of Treasury.
Their mission and their goal are to protect the financial system from any illicit crimes and help to fight money laundering. They also work to collect, analysis and distribute financial intelligence and the strategic use of financial establishments. They do this mainly through data and analyzing that data. They work with all the regulatory functions that are all stated under the Currency and Financial Transactions Reporting Act of 1970.
Besides that they are also responsible for letting foreign financial intelligence units in on any foul play or criminal activity that they have come across. This is so they keep all countries in the know in case other crimes take place abroad, or if other country's currencies are involved as well. They do most of this by collecting and analyzing all data that is relevant to anything dealing with currency and finances.
Paul Vernon Cryptsy started his company called Cryptsy. They deal with bitcoin and the exchanging of other types of crypto currency. Because they deal with such delicate matter, such as currency, they are now registered with FinCEN, and they are also well on their way to attaining accreditation through the Better Business Bureau.
Some may ask why we didn’t report this to the authorities when this occurred, and the answer is that we just didn’t know what happened, didn’t want to cause panic, and were unsure who exactly we should be contacting. |
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Hey ! Where did all of you spambot mofos go ? hehe.. What did I say this time ?  Hippy, it's like you and I and them were in an elevator and you or I farted. Edit: You AND I farted! Once the stank reached Marshall Long levels, I had to bail...  "Hello, girls. I'm Marshall Long, co-founder of Stinky Balls Museum." you really are having fun arent you...
Now go on and tell me why you are so angry. FinalHash does not even serve individual customers, really. Mostly companies that we do consulting work for, or large private clients. The only difference being betarigs. So again ill ask one last time, what does you opening a giant thread about egg nog and balls have to do with ALERTING THE COMMUNITY? I mean seriously? I mean hell, we even ran a promotion on betarigs for ZERO FEEs for folks who were affected by the GAW bullshit. I did not see you mention that once either... So ill leave this thread now... You have a good day doing whatever it is you do with egg nog and genitalia...
The people on this forum... i swear to god it gets weirder every damn day...
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I was surfing the web and I have found this at Paul Vernon's blog. http://paulvernoncryptsy.weebly.com/Lol. Probably this is very old but still it makes me laught out loud and cry at same time. http://paulvernoncryptsy.weebly.com/
How FinCEN Saves our Currency
8/28/2015
Wherever there is money, there will always be a crime. Having safeguards in place to prevent some of those crimes helps to protect the integrity of the currency and the country involved. For the United States, FinCEN is there to help. FinCEN stands for Financial Crimes Enforcement Network, and they are a bureau of the US Department of Treasury.
Their mission and their goal are to protect the financial system from any illicit crimes and help to fight money laundering. They also work to collect, analysis and distribute financial intelligence and the strategic use of financial establishments. They do this mainly through data and analyzing that data. They work with all the regulatory functions that are all stated under the Currency and Financial Transactions Reporting Act of 1970.
Besides that they are also responsible for letting foreign financial intelligence units in on any foul play or criminal activity that they have come across. This is so they keep all countries in the know in case other crimes take place abroad, or if other country's currencies are involved as well. They do most of this by collecting and analyzing all data that is relevant to anything dealing with currency and finances.
Paul Vernon Cryptsy started his company called Cryptsy. They deal with bitcoin and the exchanging of other types of crypto currency. Because they deal with such delicate matter, such as currency, they are now registered with FinCEN, and they are also well on their way to attaining accreditation through the Better Business Bureau.
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At my last checkup, my doctor said Core causes anal warts. He gave me a prostate exam, and he said "Now this is going to hurt a bit." And I screamed and said, "Doc, Jesus, did you get the whole fist in there?!" Then I realized that couldn't be possible, as he had both hands on my shoulders.
How often do you check your calendar to see how close you are to your next checkup? https://twitter.com/epaymentslawyer/following Ryan Straus' second follow was phil_hellmuth. Ryan's 9th and 10th follows were Patrick Murck and Jon Matonis, respectively. Ryan J. Straus and Daniel S. Friedberg were both at Graham & Dunn, joining R&W in August 2013. This was just prior to Bitcoin's infamous bubble. https://twitter.com/epaymentslawyer/status/370678295630598145Dan Friedberg and I have moved our financial services practice to Riddell Williams P.S. http://lnkd.in/-HjeC3 <URL redirects to http://www.riddellwilliams.com/service/practice-areas/payments >  Don't know what financial services practice that Ryan and Dan had/has, but we've recently learnt that Jon Friedberg's dad, Jeff Friedberd, operates a financial service. |
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Genesis: http://www.riddellwilliams.com/blog/news-events/post/dan-friedberg-and-ryan-straus-join-the-corporate-finance-and-securities-practice-group-Ryan J. Straus and Daniel S. Friedberg Launch Payments Practice and Expand Corporate Transactions and Finance Practice
Experienced and well-known corporate lawyers, Ryan J. Straus and Daniel S. Friedberg, have joined the firm as Principals, and co-Chairs of the Payments practice area.
With a background in both technology and financial services, Ryan and Dan assist clients with payment matters, including electronic payments, mobile payments, prepaid cards, alternative currencies, and federal and state licensing.
Ryan and Dan advise clients in various industries and markets including banks, retail, gaming, manufacturers, service businesses, biotechnology companies, software, Internet, and construction businesses. http://web.archive.org/web/20140617054118/http://www.riddellwilliams.com/blog/news-eventsAugust 16, 2013
Ryan J. Straus and Daniel S. Friedberg Launch Payments Practice and Expand Corporate... read more
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Hey ! Where did all of you spambot mofos go ? hehe.. What did I say this time ? Hippy, it's like you and I and them were in an elevator and you or I farted. Edit: You AND I farted! |
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Classic is shit, there's no need to hire anyone to realize that fact, just look at reality for that, it's pretty cheap. Core devs have developed everything of importance in the full node and Classic devs are famous for... trying to double the blocksize, that's all. That's why Toomin will never be a lead developer, Classic team hasn't proven anything of value.
Waiter: Monsieur, what is your pleasure today? Patron: I'm torn between the two Bitcoins: ‘Bitcoin Classic’ or ‘Bitcoin XT’ Bitcoin bitcoins. Waiter: Let me ask, do you normally eat with chopsticks or use a fork? Patron: I think I'll order the gyūtan karaage on a bed of pancit. Waiter: Excellent choice, monsieur. May I suggest a nice Chianti to complement your meal? |
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