~snip~
Good morning, Brian. I thought it was time that you'd start with the rumors again.
~snip~
you may wish to rethink calling me "PayPal Penny."
PaypalPenny is perfect... you were never a believer. you don't deserve the name bitcoin in your handle. you turned every penny into fiat. just the address in this thread alone has had over 121
BTC accepted. You kept NONE... 5% is nothing to put aside for a believer. You wouldn't be here a disgraced maker who is in massive debt. You'd be enjoying life like the believers who held on to some of their bits.
Rumors... that was not a smart thing to say you scumbag!! You're claiming you don't owe anyone one full bitcoin for a one bitcoin loan you took years ago? You haven't paid them a single Sat and you have the balls to call it a rumor. You really are a piece of work.
Come on, man. You have absolutely no idea if I was / am a believer in crypto. LOL ("Believer" sounds a bit cultish, but you do you.) And yes, like
every business that accepts crypto payments, we must liquidate those payments into fiat, because everyone with whom we do business requires payment in USD only. From private mints to printers and publishers to web services to monthly utilities to out-of-house production facilities to R&D to prototypes to special machinery to...
Every company requires USD fiat to run, produce goods, and stay open. Every one of your beloved makers does this. It's just how business is done. To criticize us for accepting PayPal and/or converting crypto payments into USD is silly.
And not everything you think or say is a complete lie. I never said that. (But most of it's untrue or deceptively based on half-truths.) Perhaps you simply fell for rumors started by another person? I have no clue.
Yes, I
do owe a debt on a bitcoin loan. What you may not realize is that while the loan was outstanding, I sent free merchandise to the loaner as a kind of interest payment. Every single product that we ever released, the loaner received at least one free. To be honest, the loaner may have made the loan payment back off simply reselling the free items. I know for a fact that the loaner resold just one of those free items for .15 BTC alone. That's from only
one of the many free items. Plus, that loaner received quite a few massive discounts long before the loan ever began. Am I still in debt? Yes. Has the loaner made a profit? Yes. Regardless of these facts, the loan is really not any of your business.
As for other debts, as geophphreigh mentioned above, we owe 3 refunds on a long-term project that was such a dumpster fire failure in R&D / manufacturing, that we recently (last week) decided to abandon the project and simply issue refunds. (It's a shame, because the project was epic. Maybe
too epic, as it turns out.)
So yes, we do have a few lingering company debts. Almost every company does. But those last few debts will be wiped away very soon. I think that you're still hung up on a couple years ago when we went through some very hard financial times and we owed several silver and gold coins to pre-order customers. However, you can breathe easy knowing that all those debts were settled long ago. Did those debts leave people with doubts and concerns about our viability as a company? Absolutely. But those debts have long been settled. I would argue that our history of settling all those debts (even if done slowly over a long period of time), proves that we are, in fact, doing the right thing and acting responsibly to the bitcoin community.
Look, it all boils down to this... You may still distrust us because of a serious financial disaster that we endured a few years ago. That's OK. You're allowed to feel however you feel. But continually trying to sabotage and publicly crucify us for financial problems that we settled long ago is simply...ungentlemanly. Why not say, "I distrusted you and thought you were a big scammer, but after seeing that you have been making things right since that time, I'm willing to give you the benefit of the doubt, wish you well, and look forward to hearing that all debts have been settled and your hard times are far behind you."
Anyway, I do hope that you will eventually realize the truth of our hard work and transparency in bringing fun, cool bitcoin collectibles to the crypto market (since 2015).
Until then, I wish you well. I genuinely do. Maybe you'll let me buy you a beer if we ever meet again. Like the old days.
Regards,
Chris@TBPCO