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Author Topic: The story of the Razor ("RZR") scam. Bryce Weiner and RazorTech  (Read 27783 times)
nutildah
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January 13, 2017, 06:22:10 AM
 #101

Since this is the first Google result when you search my name, I feel compelled to respond for the first time since these rumors surfaced.

First, Tao is doing exactly what I said it would do.

Second, not a single allegation set forth in this thread has ever been proved true.  I am not "Razortech," nor have I ever been.  Nor was Razor a "scam" of any kind, though the coin emission was very aggressive.

I abandoned Razor on the advice of my attorney.  It is also for this reason that Blocktech distanced itself from the network, as well.

The network faced several legal issues arising from liability that could not be avoided.  Other developers who have launched networks promising such anonymity face the same burden of legal liability.  The first time someone commits a crime using one of these networks the developer of the network may become liable to a civil claim for damages as it can be argued the act may have been impossible to commit without the existence of the network.  Given the design purpose of such networks is to obscure financial transactions from various forms of scrutiny, it can then be argued the developer intentionally created a network that facilitated the commission of the crime which created the damages holding them personally liable for them.

We are all working for a more balanced, decentralized world however we cannot ignore that we don't live in it just yet.  While some developers may not feel they are exposed to such a liability, I wasn't about to take that risk in 2014 when nobody knew how regulatory compliance was going to develop.

It built up tremendous ill will in the community when I abandoned that network, but I'd rather suffer trolls than court judgements.

I hope that clears things up.

Spoken like a true sociopath. Why don't you just disappear and stop scamming naive kids for a living? That's really all we all want.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
bryceweiner
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January 16, 2017, 04:29:09 AM
 #102

Since this is the first Google result when you search my name, I feel compelled to respond for the first time since these rumors surfaced.

First, Tao is doing exactly what I said it would do.

Second, not a single allegation set forth in this thread has ever been proved true.  I am not "Razortech," nor have I ever been.  Nor was Razor a "scam" of any kind, though the coin emission was very aggressive.

I abandoned Razor on the advice of my attorney.  It is also for this reason that Blocktech distanced itself from the network, as well.

The network faced several legal issues arising from liability that could not be avoided.  Other developers who have launched networks promising such anonymity face the same burden of legal liability.  The first time someone commits a crime using one of these networks the developer of the network may become liable to a civil claim for damages as it can be argued the act may have been impossible to commit without the existence of the network.  Given the design purpose of such networks is to obscure financial transactions from various forms of scrutiny, it can then be argued the developer intentionally created a network that facilitated the commission of the crime which created the damages holding them personally liable for them.

We are all working for a more balanced, decentralized world however we cannot ignore that we don't live in it just yet.  While some developers may not feel they are exposed to such a liability, I wasn't about to take that risk in 2014 when nobody knew how regulatory compliance was going to develop.

It built up tremendous ill will in the community when I abandoned that network, but I'd rather suffer trolls than court judgements.

I hope that clears things up.

Spoken like a true sociopath. Why don't you just disappear and stop scamming naive kids for a living? That's really all we all want.

Honestly there are few people on this forum I would consider of sound mind enough to judge my mental state, but thank you for your contribution.
yaooke
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July 18, 2017, 08:03:13 AM
 #103

Bryce receives way too much hate then he deserves. It almost seems to have become a meme, or a scapegoat.
Many people lost money on RZR, but just the same many people made a lot of money on the project.
There have been many coins who've bitten the dust and the people behind these you'll never see or hear from again.
At least Bryce has the guts to have his public face behind what he does, against better knowledge.
From what I've gotten out of this thread, is that too many people don't think for themselves. They copy cat whatever the others are saying,
instead of really researching the person. You'll see that most accusations don't really hold up, or it's just people trying to
direct their personal anger towards others instead of criticizing themselves. 

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bryceweiner
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November 14, 2017, 09:57:57 PM
 #104

Quote
Bryce Weiner (who worked at BlockTech at the time) saw the opportunity to get involved and hype a coin that would be highly profitable for miners (that's what he does, he creates new coins, he mines and dumps them “I make money out of thin air”  http://pastebin.com/VGyVPHN4)  so he started “working” and “developing” RZR along with RazorTech.

This is a cute little fantasy, but not accurate to reality.

I did not "get involved with" Razor.  I coded it an launched it fairly.  It was mined heavily and when a large number of tokens hit the markets it dumped.  I did mine RZR, but I never dumped it.  I still have lots of it.  Whoever did dump it was the number 1 miner on the network, which if I recall correctly was RedTiger.

RazorTech was someone that wanted to be the community lead for the project and I agreed. 

This thread is a joke.
CoinClarity
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May 13, 2018, 08:38:30 AM
Last edit: May 13, 2018, 08:53:16 AM by CoinClarity
 #105

A History of Weinercoins:

https://coinclarity.com/spotting-a-scamcoin-number-1/

This thread was highly educational. It will be very interesting to see how Tao plays out.

nutildah
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May 13, 2018, 01:08:46 PM
 #106

A History of Weinercoins:

https://coinclarity.com/spotting-a-scamcoin-number-1/

This thread was highly educational. It will be very interesting to see how Tao plays out.

Cheesy Cheesy Cheesy

What happened to the other RazorCoin?

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
CoinClarity
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May 14, 2018, 03:13:29 AM
 #107

What happened to the other RazorCoin?

Its a work in progress....

josetusdaisy
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May 15, 2018, 01:36:41 AM
 #108

anyone here been anal probed by a grey alien?
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May 18, 2018, 02:01:07 PM
 #109

Given the design purpose of such networks is to obscure financial transactions from various forms of scrutiny, it can then be argued the developer intentionally created a network that facilitated the commission of the crime which created the damages holding them personally liable for them.
SpiryGolden
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October 15, 2018, 05:16:45 PM
 #110

I think people should keep this topic alive. As people like Bryce Weiner are still thriving well on Twitter doing Pump & Dump schemes. His credibility must be known how he scammed not just on RZR but on ZET and other 4 coins .
nutildah
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October 17, 2018, 08:45:19 AM
 #111

I think people should keep this topic alive. As people like Bryce Weiner are still thriving well on Twitter doing Pump & Dump schemes. His credibility must be known how he scammed not just on RZR but on ZET and other 4 coins .

You're absolutely right. His latest project, Tao, really shit the bed in August and it appears to be going the same direction as all of his other projects.

https://coinmarketcap.com/currencies/tao/

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
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