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IMPORTANT ANNOUNCEMENT

The reason for my absence was that I was working on getting servers setup in the background and consulting with another regarding the future of Cyber Guaranty.

Unfortunately, I have some disappointing news.  No one is more disappointed than myself.  Believe me when I tell you that.  As per some wise advice and in-depth research, due to the laws in the United States regarding banking, insurance, and securities, I am not going to move forward with the Cyber Guaranty project.  Even though Cyber Guaranty was a great idea and had the potential to revolutionize the cryptosphere, the nature of the ambiguity of securities and banking law and the fact that I would have been forced to get insurance licenses in most states, I am ceasing this project.  This is truly a regretful outcome.

The good news is that even though I had interest expressed to me about funding, not a single satoshi was collected.  I'm glad that it was the case, because it saves disappointment, and I do not have to go through the process of refunding money.  I had ambitious plans for Cyber Guaranty even though you might not know the full aspect of the project, let me assure you that the idea was sound and would have opened up a secured lending market for cryptocurrency and helped expand the ecosystem.

It is very regretful that the laws in the US concerning such matters are open to interpretation by the SEC.  The SEC has the power to judge on a case-by-case basis, which means that there is no consistency with their verdicts.  In my opinion, this opens up the judgment process to abuse and creates an unsteady groundwork for projects to develop.  This is of course why many projects have chosen to exclude US participants.  The case is now that even a token pre-sale that would otherwise be considered NOT a security has now been ruled by the SEC to be a security.  Many subpoenas have been set out to various companies.  I can't in good faith go ahead with this project when I believe it would expose us all to potential legal problems.  I, personally, do not agree with the law as it stands, but I am going to abide by it for the benefit of everyone who would be potentially involved.  I considered proceeding without a token sale, but I still would have been subjected to laws which raised the bar of entry to an unfeasible level.

This is a loss not only to myself, but to potential partners, participants, and the US.  These onerous and subjective laws and their enforcement in my opinion do NOT protect the citizenry or foster free markets.  They inhibit growth, stifle innovation, hurt productivity, and reduce opportunities for all.  They DO though certainly aid in the entrenchment of the status quo and big business.  When big business is large enough to pass laws that effectively create monopolies, duopolies, tripolies, etc, in certain industries, it is not to the benefit of "the government of the people".  This is why the US is being passed up by other countries especially in Asia and quickly loosing our edge.  I would argue that the United States has already lost it and is in fast decline.  I certainly do not like to see this occur, and I fear the time which is coming in the future when it will be very obvious to all.  Of course, my main motivation in wanting to start Cyber Guaranty was to make money by producing a service that was beneficial to my customers (I am a capitalist), but another part of my motivation was to help this country, the United States, maintain its position in global hegemony.  I am aware that the United States does a lot of things which most do not agree with.  I am also aware that a lot of other countries are a lot worse.  To those of you reading this who are not in the United States, most of us are good, kind, and friendly people.  We wish others no harm.  That very well might be hard to believe, but you have to understand that the reality of the situation is that this country is not governed by its citizenry.  It is controlled through the two-party system of the oligarchy (aka Big Business).  This is what is called State Capitalism.  If you remember any of my previous posts, you will remember my mantra that there is NO difference between STATE CAPITALISM and STATE SOCIALISM.  They are the two sides of the same token, and that token is called Communism.  Communism is something that I will always be opposed to because it is the furthest thing from the "revolution of the proletariat" as espoused by the communists.  It is a system which entrenches those in power and garners upon them favors, wealth, and opportunity not available to all.  It is the antithesis of Americanism and will led to the downfall of this country.  People routinely confuse the meaning of "equality" in America.  Most people today say that "equality" as referred to in the Constitution by the founding fathers meant that everyone should be "equal".  This is of course completely absurd to most intelligent minded individuals as it is clearly the case that NOTHING in nature is equal.  In fact, what they meant was that everyone should be afforded EQUAL OPPORTUNITY and EQUAL JUSTICE under the law.  This is where and how the communist agenda took hold in the United States, and it has been allowed to fester and grow for many years.  Do you honestly believe that the Politburo and the CCP think that they are "equal" to the masses they rule over?  No, of course they don't.  They treat them as slaves and routinely subjugate them at their whim.

Some might say that what I am arguing for is lawlessness.  A repeal of laws that inhibit fraudsters and crooks.  This is not the case.  I argue for equal opportunity for all.  I am fine with going after frauds and crooks, but only after they have committed such crimes.  It is not wise to apply a blanket ban on everyone just because there are a few bad apples.  Will some innocents get swindled?  Yes, of course they will, but people get swindled now with all the rules and regulations by very large, institutionalized corporations.  Looking back at the 2008 crisis, what happened with AIG, the CDO and CDS markets, mortgage insurers like AMBAC, etc.  Many, many people lost money.  There were a lot of swindlers with official licenses to conduct business.  It prevented nothing.  Additionally, there are a lot of other people operating in this country, mainly Chicoms, who have absolutely no regard for US law, and they seem to operate with impunity.  US citizens cannot compete with individuals who do not regard the law with respect and are able to flee back to China if questions start arising.  There is not a level playing field in the marketplace, and who it is hurting most are those who are most loyal to you.  The Chinese already control over 60% of bitcoin.  The CCP controls many cryptocurrencies behind the scenes.  It is a very sad state of affairs which will not turn out well for anyone.

I hope against hope that the laws in this country will change to allow those with the will and ability to make a difference do so.  I fear that this will not be the case.  I ask for those in positions of power in the justice system and enforcement agencies to consider these thoughts.  Cyber Guaranty very well might not have succeeded, but at least give us the chance to attempt to try.  We are your neighbors and fellow citizens, and at the end of the day, we are on your side.  Not everyone is a scammer or fraud, and please remember, that what made this country great was that it was the land of "equal opportunity" for all.

YOURCHAIN URHOC Holders:

I am still debating and attempting to determine the best way to proceed with YourChain.  I wanted to create something unique and novel, not just another cryptocurrency.  I thought Cyber Guaranty and Cyber Bills would be a way to do so.  Obviously, that is not going to happen now.  I am going to think about YourChain for a while and try to come up with something that will be in compliance with US law.  Note: All the URHOC tokens were given away for free and NO MONEY was raised with YOURChain.  I have no interest in raising money with YourChain, and nobody should expect any profits from it.  Think of it as an experiment.  Maybe together we can create a cryptocurrency or something that allows for "equal opportunity".

An old, but informative post by Hal Finney.  This is exactly what CGC is going to be.

I had an interesting experience today at breakfast.  I ran into one of my regular friends that I see often at this restaurant that I frequent.  He is mentally disabled, and he informed me today that the government cut his food stamps down to $16 a month.  It is a sad day in this country when the government has more than enough money to bail out all these international financiers, like AIG and CIT Group, from their negligent, over-leveraged CDO / CDS positions and outright fraud, but they cut off a retarded guy's food.  This guy routinely ask myself and another friend of mine to purchase meals for him because he was broke and this was before they cut his food stamps.  Now, what do you think is going to happen?  My friend and I would always purchase him something to eat, but the fact of the matter is that what is going on in this country and the world in general is thievery plain and simple.  God knows that I am no communist, but if the government can bail out the banks and has the excess capital (they don't) to outsource the issuance of currency and debt to a private banking cartel (aka The Federal Reserve) then they can pay for a retarded man's meal.  The international financiers through their manipulation of finance and control of government have robbed us blind and have only left us with a husk of what this country once was.  Their parasitical behavior is absolutely immoral and a crime against all that is decent in the world.  It is reasons like this that I am so steadfast in my determination to offer a solution to the populace to break free from these bonds of slavery imposed on them by these vermin.

It makes me sick.  I will rage against this injustice until I am silenced.  Down with these ruthless international financiers.

By forming a cooperative banking network like Cyber Guaranty Corp, we can free ourselves.

Here is a map of the CGC regional banking divisions for the US.  Every region is going to have an owner / operator who will be responsible for the state banking charters operating underneath him.  Each regional owner / operator will get a cut of the proceeds from the transactions flowing through his regional bank, and the state banks and local banks operating in his region.  The populace of that region will be locked into using each region's banking node to connect to the CGC banking network.  Therefore, some regions will be more profitable than others.  To own a regional charter, I am requiring that the owner reside in that region.  For example, I have claimed the CGC state bank for Indiana, because I live in Indiana.  I have also claimed the CGC regional bank for the US Midwest, because Indiana is located in the Midwest region on the CGC divisional map.  The US was divided up according to population in an attempt to maintain an equilibrium.

More Info -> https://cyberguaranty.com/banks/united-states/

Taking into account the trajectory of DecentralizedEconomics I hope no one will send a single Satoshi, has been with the show of URHOC more than two years and all he does is talk and make everyone wait for something that will never come.

Tell me, what else can you do with these tokens except to hold? You don't get any choice. Years of promises, then dev disappears for a long time, then reappears... Do you believe that? Santa Claus does not exist Although... You can continue to believe that.

Summary - DecentralizeEconomics
Last Active: November 23, 2019, 11:02:16 AM

yeah i have to admit that i still hold all my urhoc and also that after reading so much text i started to believe again (a little ) in DecentralizeEconomics , you absolute have told some serious issues in crypto and i hope that we will hear more from you about what your plan is for us urhoc holders

for me it is still anoying that the links to cybergarantee all not working including the signature under DE's post's , if they would work well i might invest a little just to see what happens

Interesting, let's see if we get this thing flying for alt season 

can't find any team members info

Don't worry, no one has deposited yet to their btc addy posted on the OP.



I don't think their tagline will be true here. Maybe for them, because they are the ones collecting funds but for those gullible investors, I don't think their future will be secured. 

Shady background normally doesn't go any further.
However, if they do really want to succeed & prove that they won't stop until they succeed.
I think they need to deliver their services without asking any funds from the public.
They can hold crowdsourcing once they already have fully working system and with huge number users.
Working system is not a guarantee that their project will sustain its market but the added value that it is offering that will attract users to stay on their network.

Well,after almost two years this project is turning out of scam, just carefull not to send any money to this guys. It is very risky to do that , just look at the old  thread and make your own considerations!

This story never ends, topic starter always reappears. I don't understand what your goal is. If all projects released their releases as "fast" as you, then people would still be living in caves and hunting mammoths At this speed, you can't build a libertarian world.

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