You said you did the video purely as a favor to Mt Gox, kindly tell us who at Mt Gox asked you to do the video?
Either Mark or Gonzague.
Who wrote the words that you read in that video?
I wrote it all myself.
What was your relationship with Mt Gox, and it's CEO at the time of the first video?
Nothing other than a customer of Mtgox.
You specifically said: "I made a video stating that their fiat withdrawal problems were not being caused by a lack of liquidity. I made no claims regarding their solvency." You do realize that, "liquidity' and "solvency" are symbiotic, and that any statement by you about Mt Gox at that sensitive time would be construed as an endorsement?
Having liquidity is no guarantee of solvency. In hindsight, we now know that Mtgox has likely been insolvent for years.
I'm sorry you have a hard time understanding the difference.
Why would you endorse Mt Gox at that troubled time in their development?
Because as stated in the video, I am sure the fiat withdrawal delays at that time were not caused by a lack of liquidity.
In hindsight, I feel terrible about having made the video. I was deceived by Mtgox, and my video led to who knows how many more people trusting Mtgox, and losing money because of it. If I could go back in time, I would never have made the video.
In this video you said: "This issue was caused by poor programming skills and a total lack of book keeping on the part of Mtgox", is it true that Mt Gox allowed you to see their books, some of their financial records?
Isn't it clear to anyone who is paying attention? Mtgox lost everyones bitcoins and didn't notice until 99% of them were gone.
What did you know about their programming and bookkeeping and when did you know it?
I found out this week as well.
Was it before you invested the "... life changing amount of bitcoins stuck in Mtgox" or just before making this new video.
I have had about 24,000 BTC from Bitcoinica stuck in Mtgox for over a year. Mark refused to turn over those funds to the liquidator. Now any chance I had of getting those back are gone too.
That likely makes me one of the people who lost the most money out of everyone involved with this MtGox nightmare.BTW: did you sign the petition to remove MT Gox CEO from the btc foundation.
I'm the one who directly asked Mark to step down.
In what ways if any did you support the protesters at Mt Gox?
I wasn't in Tokyo for most of the protest, but the one day I was, I tried to bring them hot tea.
https://twitter.com/rogerkver/status/436663439214120960 With answers to those questions we could get a glimpse of that picture you are talking about.
The picture I am talking about is Bitcoin, not my interactions with Mtgox.
[doctor just before giving you a shot] "... you may feel some pressure but it will be over shortly ..."
Roger, inasmuch as you may believe it was “purely as a favor” please consider the following. at the time of the first video your 24K btc being held by Mt Gox (MG) was literally under arrest -- not just in their care, but completely alienated from your control. As such, it stands to reason that your visit that day was primarily concerning those funds, and probably not to make another 24K btc deposit.
That video represented two things:
1) it highlighted why inherent conflicts of interest should be disclosed,
2) the extent you were willing to compromise your integrity,
The reason for MG visit that day was about your 24K btc not to do a PSA for MG. It is very likely that the full extent of your holding in MG was limited to only what you could not control. You knew MG had problems, you probably would not have gone there if you were comfortable with how they cared for your money, likewise you knew the general public was not comfortable with how MG cared for their money, however you willingly choose to overtly allay those concerns with the MG endorsement video. Had you disclosed the reason for being there in the first place it would have shown the viewer a more accurate picture of MG.
I believe you thought the 1st video would help in your effort to wrangle your 24K btc from MG, in so doing you were willing to needlessly place the public's interest in harms way to get your money. Turns out you sold your soul, and stabbed the public in the back for nothing, and with that reality came video #2 -- the 'I said liquidity not solvency' video.
The semantic denotative difference between liquidity and solvency is irrelevant if the order is: "don't pay". For example, if your house is on fire, you are told 4 fire trucks are on their way. Upon arrival of the 1st truck the driver says: “sorry but I’m not liquid and I’m insolvent”. You're baffled and wonder 'wtf dude', but you see the 2nd truck arriving. Its driver says: “sorry, I’m not liquid although I am solvent”. As pissed as you are you know your house is more important than your 'pisstivity' besides the next truck has arrived. Driver 3 says: “sorry, although I am liquid I’m insolvent”, you are livid, totally frustrated and your house is 50% consumed, that's when the 4th truck arrives, it is both liquid and solvent, yet none of the drivers act to put out the fire ...
As you can see from the above analogy it doesn't matter what they say if the intent is not to put out your fire, furthermore you can also see how your reasonable expectations was exploited and abused when they arrived to do nothing, serving only to distract you from considering other home saving opportunities.
Had you known their intent you would not have called them in the first place.
Roger, your endorsement video was a distraction that facilitated the ongoing abuse of the public's trust by Mt Gox, the fact that you were in an adversarial relationship with MG at that time but choose not to disclose that material fact at any point gives me great pause.
If the US Attorney's office sees your participation as 'aiding and abetting' MG's effort to defraud the public you will have a lot more 'splaning to do.
[doctor] ok, that might swell and perhaps bleed a little but you'll be ok.
personally, I don't think either video had enough of a market impact to do any material damage, so don't worry about it
