Show Posts
331
General Discussion / Re: A day after Ripple FinCen fine... Its quiet....
« on: May 06, 2015, 10:19:39 pm »No statement from BM.No denial of Reports.
No weekly update from Stan.
Signs of movement towards regulatory functions.
Fincen says investigating other businesses.
Bitshares is other business.
Bitshares is going to get investigated.
Bitshares is going to get fined. Maybe 700,000. Can they absorb it?
We went over this all pretty exhaustively 6 months ago. In fact, some of the impetus for the change to the dilution/paid delegate model was probably at least partially a response to the possibility of governmental attack. The idea was to make Bitshares into something self funding in a decentralized way, that could survive whatever attack was thrown at it.
Looks like a FUD post to try to get someone to sell into your buy orders OP?
Of bitshare gets fined 70000 can bm and dev team take that hit? It will close to lethal wouldn't you think.
This is just a cautionary analysis. No Fud. An unwillingness to consider possible outcomes is problematic.
