30,000 BTC = 25 million, so a bit off. They probably should not have set a cap at all, because it shows what they think they are capable of acquiring from the people in a best case scenario.
36-25=11 million dollars. It might be a bit for you but to most others that represents a lot of money. At least you acknowledge that it is a best case scanario, Gunshot propagates repeatedly that 36 mill is what the devs are looking to raise, that is just as bullshit and just as misleading. I have as much right to disagree. Do you not question a man who clearly knows the math is wrong and repeats the same in every single post?
You ask for conformity with US regulations when this is NOT a project within American jurisdiction and global investors including investors from outside your country. You know people do exist who are not American. Should they file paperwork with every country where investors come from?
So because it won't have any effect in some countries we should do away with any kind of recourse at all? What the hell kind of logic is that? "Hey your seatbelt wont save you from ALL injuries so you just shouldn't wear it"
At least if shit went sideways and they were regulated in canada, there would be SOME recourse, wouldn't you agree?
A recourse for making an investment in what governments around the world consider commodity and not currency. There is a difference between desirability and realism. To raise such an objection to one project while not applying the same logic to others is also extremely selective. I have to agree regulated is better than unregulated but do you really think that is possible?
Everyone has a choice. You have made it clear that this is scam. So don't invest in it. You want to educate others about it? I have read a dozen of your posts that essentially make the same point. It's got to a point where this is now verbal diarrhea ad nauseum.
What he is doing (countering bullshit posts) is helpful to the community, because the majority of people don't read a 20, 50 or 100 page thread in its entirety. They read the first page and the last page(s). If he was to just shut up it would let people spread misleading propoganda. So thank you for bringing some issues to light Gunshot5820.
Well what he said in response is called abuse. Calling someone scum and asshole because they questioned your post is unhelpful and bullying. You might unfortunately find that helpful but it shows extremely poor taste and is an accurate reflection of his culture and upbringing.
He's doing what he feels is right, warning others about a potentially bad situation waiting to happen. It looks like he is trying to prevent others from being misled.
Why is that his exclusive right to post what he feels is right? Why can no one respond without getting abused by him?
The truth is ETH has some very large issues in overrall design. We need people to point these out and bring things to our attention. The creators are treating this like a product. Well we are tired of being sold crap. ETH was not created by god, it was created by people. People can be stupid, nearsighted, petty, greedy and wrong. The creators of ETH are no different. People are people. The motivation for this project is obviously greed. Not a desire to create a better world.
You may be right I do not debate that. No project, especially a financial project can be born out of altruism alone. Next we can debate on how much greed is acceptable to a majority of the community. It is subjective at the end of the day. I personally think the founders should not be remunerated from the BTC and also receive ETH as part of the premine. You might hold a more extreme or liberal view on the matter but either of us have say in the matter but surely we can debate it with civility?
