So, I've decided to move into the forum...blame Freetrade.

You'll have to deal with my annoying posts until seraphim finishes MMCPOST.  I tend to do "couldn't we do X" and "shouldn't we do Y" without knowing how to do either...very frustrating.

It used to be "my two cents"...but inflation.  Now it's "my two dollars".

Anyone who wants me to continue writing up a topic can tip me $2 dollars to do so, or support me as DEO.  I'll be writing regardless...can't stop me...but you can encourage me

Vote for me as DEO:
MAXdeoBWDh3ScVDf1fCb7VgSNEPsT9HvEo

Send donations to:
MAXceo2MmhWH3Fg7MqW5TwJjAYC49dK74F

Send BTC to buy MMC to:
1MaxPWRG1JzRULXpZxDyYT3jwV3RbFTqY

(Currently, $2 ~= 0.0025 BTC (CampBX) = 10 MMC Bter)

Hey, seraphim and I, and everyone else are looking for a volunteer to collect links / manage / etc an "intro to mining" guide on mmcwiki - interested?

I'll create another thread to discuss script.

I figure our audience is something like people with +$5K and > 6 months in coins.  I want to target people like that who want to develop websites, etc, now.  I think it's not just a "management" team, it's a "development" team.  And the "charity" part of development is the initial "research" - we put a "accepting intern voluteers" / "skill training" / "community academy" message on that, and we get a huge influx of labor and services.

I'm up for offering some ideas for economic parts, reviewing overall script.

I could see animation like the UPS whiteboard commercials.

But..do we even know what / how MMC is different? what would we advertise in the video?

Let's get a reddit thread or something to collect donations as a "grand prize" and suggestions for ideas / firms to volunteer.

And itsik, where's your dmo / dma deputies?  I volunteer for a deputy marketing officer role

I get that.

But...let's say I'm a new guy - short answer / link to other forum post for the following:

"So...I buy PTS, and then I have a license?"

I'm a licensed professional, but not for accounting or legal.  But I have some experience with regulatory approval and licensing for new design and corporate policy and procedure systems.

What is the status of this with respect to review and approval by a licensed and qualified professional?  I saw some comments about asking coworkers / licensed professionals for casual reviews, but have you had ongoing review / discussions / etc?  Is there a qualified professional on staff at I3?

I think the SCSL may provide some future legal / regulatory difficulties for the general DAC-Bitshares business model.

In the future, the SCSL will function as the basis for any business model, business plan, mission statement, articles of incorporation, bylaws, etc for any legal entity developing, operating, or offering a DAC for sale.  It will govern the virtual currency aspect of their business.  It will be up to that legal entity to "design" a commercial organization around the SCSL.

That organization will be responsible for classifying and accounting for all virtual currency transfers.  It is easiest to treat virtual currency transfers as "non-profit" or "non-taxable" for accounting purposes, until they are exchanged for fiat or physical goods.  If so, you are sort of "trading cooperative community stock based on future fiat value" instead of anything that needs tax accounting at the present time (e.g., income tax for services, sales / use tax for purchases).  If so, you can pay your distributed employees in stock options (virtual currency), and they are responsible for government and tax regulations (and, therefore, accounting) when they are used for taxable transactions.  If you can start from a "not for profit" classification for virtual currency transfers, and wait to classify / account / record transactions until they "enter the fiat world", then things are much simpler.

I do not think this is possible with the SCSL.  The SCSL would form a legal basis for the use of the DAC / PTS / AGS currency in any business plan by any legal entity.  The SCSL is a for-profit license.  Any virtual currency transfers performed by a DAC entity based on the SCSL would start from the assumption that they are for-profit transactions.  The DAC entity may have to account, value, justify, and possibly pay taxes on any virtual currency transfer - at non-fiat exchanges, at merchants, including between individual members or even moving to a new wallet.

The SCSL results in a starting assumption of "for-profit" for any transfer of PTS, AGS, or future DAC shares.

Does this significantly affect requirements and burdens for record-keeping, accounting, and potential audits?

Has any proposed DAC registered as a legal entity yet, or developed a full business model for review?  Have you gotten any feedback or concerns regarding this?

Max's Mine shall sponsor development and maintenance of such a guide in the mmcwiki.com site.

Max's Mine seeks to be a virtual mining cooperative with existing pool operators, miners, and officers in order to accumulate mint MMC for future projects:

https://bitsharestalk.org/index.php?topic=2518.msg31213#msg31213

Max's Mine may partner with existing pools to offer a premium service tier with additional benefits and promotions.  Max's Mine is currently promoting dwarfpool.com:

https://bitsharestalk.org/index.php?topic=2535.0

This project would benefit Max's Mine, Dwarfpool, CSO, CNO, CTO, existing members, and future members.

Max Mine shall deploy user GrandPWR to oversee development.  GrandPWR may campaign for candidate positions to fund development and appoint deputy positions.

Officers may accept project first and oversee development to prevent GrandPWR from campaigning on behalf of project.