TPTB_need_war Bitcoin Fork in the making!

[Warren.Buffet]

I will invest in this coin for sure ....

despite the twists & turns, I'm still in, TPTB is an original for sure!

Oh hi Anonymint!  

haha, I wish I was half as smart as he is. Baffled by his many antics (posting pics of his balls ....), but easy to recognize an authentic and genuine person

[StinkyLover]

Many come here believing they are prophets of the new millennium only to end up on the same scrapheap as the hated scammers

Get your popcorn, then sit back and observe! There's a lesson here in the making

[eca.sh]

In the United States I would take this guidance from FinCEN under consideration. https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html

It appears to me that an ICO would require the registration of the issuer with FinCEN as an MSB within the required time period in order for the ICO to be legal in the United States.

Edit 1: Here is the FinCEN Enforcement action against Ripple over this issue https://www.fincen.gov/news_room/nr/html/20150505.html

Edit 2: The above is the reason I stay well away from ICO coins including Ethereum.

Administrator classification didn't apply to Ripple because it lacked both token issuance and withdrawal from circulation; yet as an exchanger, it controlled the transfer of issuance.

ArticMine do you agree that the exchanger classification doesn't apply if the issuance, transfer, and token supply are controlled by decentralized version control open-sourced, decentralized protocol? The owners of the tokens have the power to change the protocol and use their tokens on their own fork.

FinCEN thrice reiterated the bit about users, exchangers, and administrators.

ICOs and premines are exchangers because there is central control over the token sales.

If the decentralized protocol controlled issuance of the DAO bypasses exchanger classification, whether a DAO bypasses SEC jurisdiction hinges on whether voting isn't a decentralized process.

[illodin]

When I read this, that HONCHO says smooth has destroyed AnonyMint's reputation by hoodwinking

Place one cup schizophrenic and two cups asperger's slydrome into a Pyrex bowl and stir.

Observe jl777 sailing concrete boats for his angel investment influencing a schizophrenic to assume his alter ego.

God and Satan fornicated and Bitcoin talk was born. Åmen.

           ^
           |
<---he made me do it--->
           |
           |
           |
           |
           |
           |
           v

That seems like a pretty good description of this place. There should be a disclaimer when signing up that reading and posting will cause you to lose your soul.

[somacoin]

why do you guys post so much bullshit in these forums? just be happy and dance! I do that.

[eca.sh]

In the United States I would take this guidance from FinCEN under consideration. https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html

It appears to me that an ICO would require the registration of the issuer with FinCEN as an MSB within the required time period in order for the ICO to be legal in the United States.

Edit 1: Here is the FinCEN Enforcement action against Ripple over this issue https://www.fincen.gov/news_room/nr/html/20150505.html

Edit 2: The above is the reason I stay well away from ICO coins including Ethereum.

Administrator classification didn't apply to Ripple because it lacked both token issuance and withdrawal from circulation; yet as an exchanger, it controlled the transfer of issuance.

ArticMine do you agree that the exchanger classification doesn't apply if the issuance, transfer, and token supply are controlled by decentralized version control open-sourced, decentralized protocol? The owners of the tokens have the power to change the protocol and use their tokens on their own fork.

FinCEN thrice reiterated the bit about users, exchangers, and administrators.

ICOs and premines are exchangers because there is central control over the token sales.

If the decentralized protocol controlled issuance of the DAO bypasses exchanger classification, whether a DAO bypasses SEC jurisdiction hinges on whether voting isn't a decentralized process.

ArticMine I remember you and some others from Monero writing that Zcash's plan to fund their foundation from mining would cause the miners to be classified as exchangers.

Zcash's foundation will not be in control of the creation of each coinbase transaction in each newly mined block. That is to be an encoding in the open-source decentralized protocol. The protocol and the open source process is in control, not the foundation nor the miner.

I conclude Zcash's plan bypasses FinCEN guidance. Whether Zcash's plan bypasses SEC jurisdiction is unclear. If investors of the Zcash token are basing their expectations of future gains on the future performance and control of the foundation and the Zcash corporation, then perhaps it can be construed that there is no decentralized open source process in play?

The introduction of a Zcash corporation which is the primary funding source for the developers working on the "open source" protocol seems to paint an impression of lack of decentralization. Even though the $74 million funded Blockstream corporation may be gaining dominance over the Bitcoin open source protocol, there has been protocol forking competition from Bitcoin Classic and XT.

[acdc]

When I read this, that HONCHO says smooth has destroyed AnonyMint's reputation by hoodwinking

Place one cup schizophrenic and two cups asperger's slydrome into a Pyrex bowl and stir.

Observe jl777 sailing concrete boats for his angel investment influencing a schizophrenic to assume his alter ego.

God and Satan fornicated and Bitcoin talk was born. Åmen.

           ^
           |
<---he made me do it--->
           |
           |
           |
           |
           |
           |
           v

Are you suggesting jl777 influenced a mentally ill TPTB to post as HONCHO, to save his angel investment in supporting TPTB previously? Can you be a little less cryptic, that's a very big accusation to make against jl777. Are you joking?

[eca.sh]

Are you suggesting jl777 influenced a mentally ill TPTB to post as HONCHO, to save his angel investment in supporting TPTB previously? Can you be a little less cryptic, that's a very big accusation to make against jl777. Are you joking?

Speculation and satire distended.

[illodin]

In the United States I would take this guidance from FinCEN under consideration. https://www.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.html

It appears to me that an ICO would require the registration of the issuer with FinCEN as an MSB within the required time period in order for the ICO to be legal in the United States.

Edit 1: Here is the FinCEN Enforcement action against Ripple over this issue https://www.fincen.gov/news_room/nr/html/20150505.html

Edit 2: The above is the reason I stay well away from ICO coins including Ethereum.

Administrator classification didn't apply to Ripple because it lacked both token issuance and withdrawal from circulation; yet as an exchanger, it controlled the transfer of issuance.

ArticMine do you agree that the exchanger classification doesn't apply if the issuance, transfer, and token supply are controlled by decentralized version control open-sourced, decentralized protocol? The owners of the tokens have the power to change the protocol and use their tokens on their own fork.

FinCEN thrice reiterated the bit about users, exchangers, and administrators.

ICOs and premines are exchangers because there is central control over the token sales.

If the decentralized protocol controlled issuance of the DAO bypasses exchanger classification, whether a DAO bypasses SEC jurisdiction hinges on whether voting isn't a decentralized process.

1) ArticMine I remember you and some others from Monero writing that Zcash's plan to fund their foundation from mining would cause the miners to be classified as exchangers.

Zcash's foundation will not be in control of the creation of each coinbase transaction in each newly mined block. That is to be an encoding in the open-source decentralized protocol. The protocol and the open source process is in control, not the foundation nor the miner.

I conclude Zcash's plan bypasses FinCEN guidance. Whether Zcash's plan bypasses SEC jurisdiction is unclear. 2) If investors of the Zcash token are basing their expectations of future gains on the future performance and control of the foundation and the Zcash corporation, then perhaps it can be construed that there is no decentralized open source process in play?

The introduction of a Zcash corporation which is the primary funding source for the developers working on the "open source" protocol seems to paint an impression of lack of decentralization. Even though the $74 million funded Blockstream corporation may be gaining dominance over the Bitcoin open source protocol, there has been protocol forking competition from Bitcoin Classic and XT.

1) Does that really matter? If the miners will be in China anyway who cares?

2) This seems clear that they will, because Zcash is cutting edge technology that no one else understands, the Zcash team is the only team on earth that will be able to develop it further.

[acdc]

Are you suggesting jl777 influenced a mentally ill TPTB to post as HONCHO, to save his angel investment in supporting TPTB previously? Can you be a little less cryptic, that's a very big accusation to make against jl777. Are you joking?

Speculation and satire distended.

@eca.sh, you're TPTB, correct? If yes, then it wouldn't be speculation on your part, you would know what transpired, correct? If you're not TPTB, then speculation and satire are fine.

I think we need clarification from jl777 and TPTB asap. I would be delighted if those two guys were working together, but the HONCHO stuff is getting a little much. Shoot straight guys!

[klee]

All Star Coin Team:

Shelby Product Owner
CfB Designer
James Developer/Designer

David Promotion/Marketing

Craig Wright Fund Manager

External Partner for AT : CIYAM

DMOON

[eca.sh]

I would be delighted if those two guys were working together

Are you sure that dream team is not a nightmare? Wake up because I have bridge to nowhere in China...

1) Does that really matter? If the miners will be in China anyway who cares?

2) This seems clear that they will, because Zcash is cutting edge technology that no one else understands, the Zcash team is the only team on earth that will be able to develop it further.

Agreed.

All Star Coin Team:

Shelby Product Owner Technobabblist
CfB Designer Java Security Specialist
James Developer/Designer Haskell Core Cryptography

David Promotion/Marketing Chief Attorney

Craig Wright Fund Manager Media Relations

External Partner for AT Competition Sabotage Trojan Horse: CIYAM

DMOON

What could possibly go wrong with that.

And it wouldn't be complete without klee investing a godzillion Nxt he didn't allow a thief to steal by storing his password in an online dropbox.

[klee]

1) Does that really matter? If the miners will be in China anyway who cares?

2) This seems clear that they will, because Zcash is cutting edge technology that no one else understands, the Zcash team is the only team on earth that will be able to develop it further.

Agreed.

All Star Coin Team:

Shelby Product Owner Technobabblist
CfB Designer Java Security Specialist
James Developer/Designer Haskell Core Cryptography

David Promotion/Marketing Chief Attorney

Craig Wright Fund Manager Media Relations

External Partner for AT Competition Sabotage Trojan Horse: CIYAM

DMOON

What could possibly go wrong with that.

And it wouldn't be complete without klee investing a godzillion Nxt he didn't allow a thief to steal by storing his password in an online dropbox.

kLee Security Expert

[From Above]

All Star Coin Team:

Shelby Product Owner
CfB Designer
James Developer/Designer

David Promotion/Marketing

Craig Wright Fund Manager

External Partner for AT : CIYAM

DMOON

Wow interesting team proposal.

But somehow I still prefer CfB doing what he is doing now.

~CfA~

[r0ach]

Observe jl777 sailing concrete boats for his angel investment

Ferrocement boats aren't all that bad.  There are supposedly some that are like 100 years old, but if they aren't built or maintained well, the water getting into the steel rebar will rust it - then the whole thing just becomes brittle and dies.

[l8orre]

All Star Coin Team:

Shelby Product Owner
CfB Designer
James Developer/Designer

David Promotion/Marketing

Craig Wright Fund Manager

External Partner for AT : CIYAM

DMOON

aaaand, of course not to forget the inevitable stage clown:




why does it suddenly feel like early 2014 again?  

[somacoin]

Guys it would be nice if you could not spam the thread with unrelated stuff

Cheers!

[eca.sh]

But somehow I still prefer CfB doing what he is doing now.

Ask him to ask David where klee "sourced" the iota name from in 2014.

You are full of BS Shellby, I haven't invested in IOTA

How did Shellby's name get involved in this?

[smooth]

But somehow I still prefer CfB doing what he is doing now.

Ask him to ask David where klee "sourced" the iota name from in 2014.

You are full of BS Shellby, I haven't invested in IOTA

How did Shellby's name get involved in this?

By klee using it.

[Someone47]

But somehow I still prefer CfB doing what he is doing now.

Ask him to ask David where klee "sourced" the iota name from in 2014.

You are full of BS Shellby, I haven't invested in IOTA

How did Shellby's name get involved in this?

By klee using it.

Hi I'm new here on bit coin talk
who is Shellby?