We have an entire team of people we are bringing for that specific reason. Compliance managers, etc. Additionally, we have already engaged with a group that specializes in helping companies obtain the proper licenses. We are well aware of the things we need to do, and we are doing them. We want crypto to become something the banks are not afraid of. We think we have a shot at that.
Hmm.. then why couldn't you get the required paperwork through to become a MSB? Oh thats right it takes two weeks.
Want the honest answer? I have no interest in people knowing how much power we have. I have my reasons for it, and its ok if you can not come up with that they might be. I am in a different position then anyone here, so its only natural that I am going to have a different perspective on some things.
I can tell you as of this morning, we are producing almost twice the payout amounts we need to meet the requirements of our customers.
Is the requirement of your customers only 1 SAT per hashlet? Will these pools/payouts change once PayBase launches? How come no one talks about this point?
I thought this company was "for the miners", but instead, it seems the company has pivoted to copying PeerCoin, charging for a expiring staking wallet, and then taking features of a website (GoCoin) and then promoting it as its own merchant adoption? Really?
I can't wait till Cryptsy clears my deposit so I can get out of this nightmare.
The lying man has promised
Whatever thing he could
The greedy man believes him
And thinks his promise good
Irish proverb
