Cannot believe this SCAM thread is still being propped up by paid SHILLS with one line comments.
75% premine
Going to buy a bank in Vanuatu and issue cards usable worldwide
And somehow bypass all KYC/AML laws
Funds for cards come from zero knowledge transactions on the TOR network
Shady as fuck.
If that is not enough RED FLAGS for anyone, what else do you need.
Insert comment by next shill to change it to next page with a one line comment that is general and vague.
I understand you skepticism because the scams are out there and soon the government will be tracking all the icos down as more sec complaints are made.
But as far as this goes, a couple of points:
1) what premine ? This is all POS no mining possible.
2) the whitepaper clearly states that the bank will be KYC/AML compliant. Aside from that, can you name just 2 other coins that are endeavoring to build infrastructure which is a must if crypto will be mainstream. The first to market will be huge. How many icos have you invested in that are just a wallet, a blockchain, POS or POW and nothing else ? Don't let skepticism keep you from making money. If you have fears look at the time line and get out before the date they say they will have a bank if you doubt it will happen.
3) Tor is used to send all types of altcoin transactions. Currently a little cumbersome but what do you think is shady about that? Monero is the closest competetor to this. If you use it
you will understand and this is a step up from monero. If not, I hope you are paying your taxes at end of year because
EVERY transaction is taxable and must be reported
to IRS. The only way crypto will be treated as money is if most retail transactions are fiat like,
anonymous. Walk into store pay x price walk out and not have to worry about
an audit because you buy a cup of coffee every morning using crypto.