Personally, I would do a little research and simple math before jumping on here and calling the $9 Ad Network a scam. If you bother to read the site at all, you will learn that you are paid your share of the pool of advertiser revenue each month. Your share is based upon your contribution to the total pageviews of the network.

Now, not sure if you are the same person who posted "2569 views and 4 clicks" or not, but let's do a little math:

• The $9 Ad Network generated over 45,000,000 pageviews in June
• You generated 2,569
• Your contribution to the entire network was 0.00570889%
• Therefore, you are entitled to 0.00570889% of the revenue generated by the network
• Even if there was $1,000,000 in revenue for June, your share would be around $57
• Since the $9 Ad Network launched in March, and only has a few hundred advertisers/publishers yet, it is fair to assume the revenues were WAY less than $1,000,000 for the month, even less than $100,000

The fact that your site generated 2,569 pageviews in June, and you earned ANYTHING in advertising revenue at all is a pure testament to the SUCCESS of the $9 Ad Network. With 2,569 pageviews per month, we challenge you to earn anything from Adsense, or any other ad network. Would be interested to see actual, substantiated evidence that ANY other network would pay you anything at all in advertising revenue from 2,500 pageviews in a month.

As a person who runs multiple sites with over 1,000,000 pageviews per day, I can attest that advertising revenue is not easy to come by. It is especially more difficult to come by if your site generates 2,500 pageviews per month. Also, as a person who personally was involved in the coding for the $9 Ad Network, and as a person who has access to the server and database, I issue another challenge to you:

Publicly post here your site where you published our widgets. Give me the URL you used in your publisher account. I will go to the database and take a screenshot of your pageviews, clicks, and earnings and publicly publish them here in response. This way we let a non-biased computer tell the truth.

I am from Austin Texas, but have been living and working in Batumi, Georgia Republic for over 1 year now. I used to own a dev center in Kharkiv Ukraine for about 20 years. 2 years ago, when things began to really heat up in Ukraine because of the Russian meddling and bullying, we decided to look around for a better place to move our dev center. I traveled all around the world looking at different governments and living situations because I also want to establish a crypto based business.

During my research I looked at Canada, the USA, UK, Australia, Bali, Hong Kong, Singapore, and various other countries in Europe, Asia, and South America. I was looking for a place where it would be possible to establish and operate a crypto business and work closely with government to move policy that would enable crypto business to bank, develop and thrive. I eventually found Georgia to be ideal.

Georgia is an interesting country. It is one of the safest countries in the world. I think I heard that sometime last year there was a murder in the capital, and I heard that some lady had some money stolen from her purse somewhere, but that is about the extent of the crime here. So, needless to say, the safety here is amazing, and that is a plus.

Over the past 10 years Georgia has gone from a corrupt, dangerous, crime ridden country (as all countries controlled by the Kremlin tend to be) to one of the top 10 countries in the world for lack of corruption, transparency in their government and police force, and safety. Additionally, they are #11 in the world for ease of doing business. There are 2 tax free "havens" in Georgia as well. And you can establish a business here in about 1 hour for about $100 USD. The country has a flat tax of 18% on imports or sales. It is a cool tax system because you only pay the 18% once, not double as in most European and American countries. In other words, say you import something. You pay 18% when you acquire the goods. Then, you sell them without any VAT, customers don't bear the burden. Or, if you choose to import without 18% tariff then you charge the 18% when you sell the goods. So, all goods are only taxed one time. Either when the merchant acquires them, or when they sell them, not both times. If your business earns profit, depending on how it is structured and if you located it in a tax free zone, you either pay 5% dividend tax on your earnings, or ZERO tax on your earnings. So, from a taxation standpoint Georgia is WAY better than doing business in Europe, Asia, or North America.

My honest opinion is that doing business in Georgia is better than doing business in any country on earth. Government is amazing, safety is amazing, the people are amazing, and taxation is amazing.

Now, for crypto. Georgia is an emerging country. It has a fairly "young" government with "young" policies. And, best of all it does not answer to London, Moscow, Beijing, Brussels, or Washington DC. In other words, they make their own rules and apply them. They are western leaning. They are working toward EU membership, Visa free integration with EU, and even potential NATO membership. They are progressive and open minded and want to attract business and investment. And, they are capable to sit with leaders of the crypto community and charter a regime that would allow, foster, and develop crypto businesses. I especially think we have excellent banking opportunities here too.

So, as you can tell, while everyone has been wasting their time with Hong Kong, Isle of Man, and other places trying to figure out where to move their crypto businesses, I have been exploring a little known gem that could be the answer. I really wish other crypto people would engage them with me. :-)

EDIT:

I forgot to mention one other very important aspect about Georgia. The particular part of Georgia where I live is in the Autonomous Republic of Adjara. It is a place that is a trade zone for CASINOS and ONLINE GAMING/GAMBLING businesses...

Not sure if you bothered to read the original post at the beginning of this thread. If you did, you would understand this is not a complete plan. This is an idea, one of many, to get crypto people to the table with heads of state, senior government officials, and banking industry executives and regulators. The idea to buy a bank is one of the ideas that could enable the further goal of establishing a crypto-friendly government/banking regime so that businesses developing in this space can establish, develop, and grow in a more reasonable environment.

Buying a bank is a complicated project. One that would require the right team, investors, capital, compliance, etc. However, it is not an impossible task. Millions of banks exist in the world today. Somehow, someone established each of them. If it has been done millions of times over in the past, why do you suddenly think it could not be done again?

As you stated regarding Zukerberg and somehow implying that by owning a bank you can print unlimited money, it is obvious you don't understand the banking/finance industry. Just because a person owns a bank does not mean they can suddenly print unlimited money. There are rules, regulations, policies, and other limitations that must be adhered to if one wishes to establish/buy and operate a bank in the modern world.

Not sure exactly if you are referring to the power of the Central Bank or if you are trying to state that most banks would not sell. However, if you do some research you will see there are many brick and mortar banks around the world that are for sale, or that could be for sale. The lowest price I have seen for a real, established, functioning brick and mortar bank is under $100,000 USD. However, I feel a truly realistic endeavor would want to seek a more established and more valuable target.

Why do you think this? I would love input. Especially constructive criticism and potential obstacles we need to address. I mean, any logical thought can easily deduct the obvious facts. Such as the fact there is a need for certain funding, people that are experienced in banking, legal and registry hurdles, etc. However, we are working already to put together the stuff that could make it happen. And, in my opinion, Georgia may just be the country to do it.

I currently live in Batumi. It is in the autonomous republic of Adjara. Adjara was established to be an autonomous region with certain legal aspects that could work for crypto. For example, it is a region where online and brick-n-mortar casinos/gambling are legal and actually encouraged. So, the govt and banks here are friendly to online gambling. Another thing, there is the Poti Free Trade Zone. It is a place where anyone can establish a business that is 100% TAX FREE!! That means no income tax, no VAT, no import/export tariffs, no employment taxes, absolutely ZERO taxes.

Oh, and unlike the Isle of Man, or Hong Kong, or Singapore, or other "crypto-friendly" regions, it only takes about 6 hours and about $100 to form a legal business here in Batumi. #8 in the world for ease of doing business. I have been here for 1 year researching and laying the ground work for political, government, and banking opportunities for crypto in Georgia. I honestly can say that if the crypto community would get involved, we have a HUGE chance!