All this talk about how PTS/AGS holders should have some kind of shares in Cryptonomex... you all want to get something.. are you willing to take the liabilities that come with it as well?
All this talk? I mentioned PTS and AGS from my perspective and why I still hold PTS--noone else. As for liabilities the PTS and, even moreso, the AGS founders took on said liabilities before anyone else. But I never said that share-dropping a cryptonomex UIA should not be on BTS.
Others who talked about the sharedrop idea mentioned pts, ags, and bts.
So this comment is very confusing.
The commentaries that include the idea that AGS/PTS/BTS holders should have some kind of claim to this private company clearly show that the responsibilities and duties with being a shareholder in a REAL company governed by all the laws and regulations of whatever state in good'ol U S of A.. not this micky-mouse-crypto-we-can-do-what-we-want stuff, have not been considered. Thus my commentary about the liabilities.
It seems everyone is glazing over the fact that they are going into no-mans-land of legal risk with what they are attempting to do. They are attempting to tread as carefully as possible.. but there are very real threats to their enterprise that they are taking all the risk for while the rest of us BTS users enjoy the Vendetta masks and NO LIABILITIES for what may fall upon them in what they are attempting to do.
They are leading by example in an attempt to lay the framework for future companies to follow. I'm proud of this fact. This ultimately is to ALL OUR BENEFITS because it is what will help make BTS grow.
This can be a success and help other companies along to adopting the BTS network in their biz.. or it can piss off the Koch brothers and have their buddies at the SEC/IRS tear it apart. WE, as it stands now, ARE PROTECTED from this. You become a shareholder, and you are exposed and those involved will all have a new kind of scrutiny to their lives.
We are nothing but a spec of dust now to them.. but as our AI friend understood:
Soon as Cryptonomex takes a bite out of one of their pies, you better believe they are going to be put to the test if they can fight with the big dogs, or end up peeing puppies. Everyone here willing to risk your careers, businesses, and families in that fight?
If things don't take off in BTS land, are you all prepared to start paying out of pocket to keep payroll going? To pay the legal expenses? To pay the rent?
So I ask again.. are all of you prepared to take the liabilities? Are you all willing to walk the line without your Vendetta masks? Because that' part of the conversation here if you really understand what is being asked for. Just something to think about in terms of the big picture.
Could they attempt to take measures to mitigate this? Sure.. has that ever protected anyone from the SEC/IRS? Nope.
The phrase 'be careful what you wish for' comes to mind when I read this line of thinking.
Riverhead also stated the obvious in that they have delivered above and beyond and are now stepping up the game of risk for them to boot. The thanks is a FUD thread started by the most notorious FUDer of the forum that some members have seen fit to allow to be fed.
We talk about freedom and liberty.. but when it comes to the developers of bitshares.. this thread suggests they don't have either because they should be doing the bidding of the bitshares community because of a donation made over a year ago that has since been long spent to give you what we have now and in the next few months to come. This communist double standard only drives away any good talent from wanting to join in.
Did anybody else notice how Dan was asking at the hangout for talent to join them? Do you think when FUD threads like this where the community seems to think they should be entitled to a piece of everything come up that real talent out there would want to join us? Course not.. would you?
The 2.0 of BitShares is going to have us in full control of what happens to it via voting.. this in itself is amazing and more than any other crypto project can even dream of right now.. yet here we are.
We haven't seen the licensing but we know Dan and the rest and there is no reason for us to believe that they will not operate in the best interest in growing BitShares. Anyone else would have long abandoned BitShares with the way the market cap went long ago.
Be content and don't let the FUD trolls prey on unfounded fears. <mic dropped>