I have been unable to reply to this bullshit slandering of my character. I have been banned for the last 7 days. I don't know why I was banned I guess I stepped on someones toes.
This is a list of all the comments from the holding the forums money thread.
Sure I will hold 500 btc in storage with out a full reserve requirement. I think you need 100% reserve but can be held in any accepted currencies in predetermined ratios.
This is sarcasm I guess I should have indicated that. I only had like 10 post when this was written so it was more obvious at the time.
What if one of the members die? the funds are just lost?
Wrong buddy I gave all of my information up, you just though I was a Liar you were wrong. Everything I said was and is true. I told the investigation guy that I would have paid him to tell the community that i was legit, just so i didnt have to go through all of the games you guys play.
Now this is real busllshit. I cant find my post I believe that it was edit out, but cab find where people quoted what I said.
I think I might have a good suggestion on what to do with the forums funds. Why not set up a program where there is a communal pool of coins that members can borrow coins from with limits of course. Say you take the funds and do micro loans with a small interest rate available to all members of the community in good standing. Then have the limits raised for members with good credit. I say allow people to borrow the amount that they have contributed to the fund ,but let everyone in at a certain level. For example if you borrowed 10 and paid back 11 (or the equivalent in usd) then your limit would be raised to 11. The forums money can work for everyone. Before you trash my suggestion or say it is not possible ask yourself how it would be possible. Suggestions are welcome
No one like this? You are all talking about how much fees you will take ( this is donated right?) This would be the most decentralized solution and the fund would grow not shrink. If you are worried about trust this is the best way to hedge against lost and theft. With no risk. If you only lend what has been paid in if someone walks they can only take what they put in.
It's a really stupid idea, sublime. Why would theymos want to loan out the forum's money to random people on the web? I don't think donators would want that to be done with their money.
Another instance where I was edited out of the feed huh... I wonder why?
Really, I am the one looking scammy. I dont want the coins, others have been drooling over the idea. I dont care. Why wouldnt he want to lend the coins out to the people who donated the coin in the first place. Why wouldnt he want to make money off the fund not lose it to you crooks. Trying to charge fees to hold the peoples donated money and i am the crook.
You're probably the guy who posted the more in that thread and you really, really don't fit the profile theymos is looking for. What are you looking to gain here?
Nothing I am not in this for me. I just want the money used properly not given to people who happen to have coins under their name. The money should be used for the improvement of the community. I was thinking of donating, but not if that is where it is going to friends the forum host. If I donate it is to grow the community not to line the pockets of an insiders club.
Let the people who donated the coins hold their excess donations, you have a list of the transactions just send them back the coins when you need them ask for them. Nice and f@#$ simple no need to scam on it, no need to pay fees, no need for complicated key systems, no risk of theft,no trust issues, no people begging to hold the coins. My suggestion is the only one that makes sense. I will not donate to the fund if these funds are given to insiders.
I'm still writing the contract. I don't have a lot of time to work on it.
Give the excess coins back to the people who donated them. Have them pledge the coins for forum use when needed. I am very interested to see what happens with this issue it will determine how much (if any) that I donate to the forum.
Put their real names up if they are going to hold communal funds. From where I sit this agreement is shit. I will give my donations to the forum some other way. Somewhere I know where they are going.
Let me ask this. BCB just got 2,000 dollars stole from him. What if it was 20,000? what would prevent him from taking the donations to cover his losses?
This is a good ol boys club, A bunch of insiders looking after themselves with donated money. Let me ask how people would react if the salvation army.
Started holding all the funds in the personal accounts of the board members?
This all looks like a scam in the making to me.
Here's the first draft of the treasurer contract that I came up with. I'm trying to make a contract without using laws. Therefore, "The Forum" can't exist as a corporate entity and its existence needs to be defined in the contract. We'll see if this sort of structure ends up working well. If it does, maybe other Bitcoin organizations can use it as a model.
What defects does this agreement have?
This includes a list of "community council" members, but note that I didn't actually ask these people if they want to be members yet. I'll do that before this contract is actually used.
Are community council members treasurers?
The agreement is without law? Without law or force? So if a treasurer takes the money... we will ask them nicely to do the right thing?
If this is where you are going with the agreement, just send it out as you wish. If there are no legal responsibilities on either side, why an "agreement" Just tell them what rules they can abide by if they wish, and if they don't want to it's cool.
Sounds a little silly to me.
+1000
"Salvation Army is a charity. The money they receive is not their profits, and is not theirs to keep. This forum is a privately owned business of sorts. Whatever donations the owners of the forum get are their to keep and do whatever they want with, "gool ol boys" or not. You are also free to whine and not participate, or to join that club yourself."
Then dont call them donations call them dues or fees. Make it decentralized give every hero member a share, give it back to the people who donated it, set up a loan service and give it all out. Just a few idea to socialize the risk.
If you change it to fees or dues I will shut my mouth.
If these truly are donations then they are for the improvement of this community. If they are fees, dues, or revenue that it is your money spend it on what ever you like, just dont do around calling fees donations.
I bet this is what got me banned.
This IS a good old boys club. This "contract" has ZERO force of law. Legally they could all just walk away with the forum donations. Just because you want to handle it in the community doesn't mean you should write a contract with no teeth and eliminate your OPTION for legal action. Also they get paid monthly fees, WTF is that? Plenty of people are willing to do it without charge. This looks to me like a jerking of the circular variety.
+1 really I think that theymos and the rest need to be added to the pending scammer list. I think I might put a poll about this and see how others feel.
they are on drugs xtc is my guess. I understand what you are saying, but at the same time looks like a scam to me. Giving donated money to your friends is sketch
This is in responce to steamboat spreading FUD
way to take me out of context what kind of bullshit is that?
I have never offered to hold the forums money. I dont want it and anyone that does is suspect.
There is a couple more but you get the idea. I dont want the forums money and think that the hero members are acting like scammers.
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