Topic: [ANNOUNCE] Bitcoin Credit Union 100% Legal (Read 3532 times)
Glad your enjoying it, shows loads from a competing business owner and a staff member at that.
I'm enjoying this thread.
What made you decide to start the firm in Sweden when you're a US resident?
Would guess that's becasue Sweden allows you to register an Ekonomisk Förening - which is a form of Credit Union that requires no licence or capital (and no KYC requirements either). Of course to do that all users have to be members of an assocation (no more than 1000 allowed) and, unless he also has a seperate offshore payment processor setup (which would charge fees so as no profit was made) he has to pay 30% of all declared profits to Sweden.
Only thing that concerns me is whether after a few weeks he'll get bored of it and just keep the funds - as happened with his mining company where he stopped mining after only a few weeks and since has just constantly delayed doing anything and is only now, with ASICs out, trying to sell off the crappy hardware that noone wants.
What 2 share holders failed to say, is the 2 people that owned 75% of the company decided to pull the plug. But lets keep this on topic there was some great convo there.
Congratulations, yet another dickhead wanting to be a bankster. Please join the queue behind such luminaries as Chocolate Starfish Anal probe Bank and Kluge de fuckwad.
Save you shit for someone who cares.
Aren't you the one who like 2 months ago tried to make bitcoins using stolen MMO game and failed miserably?
Bitcoin-key's is still operating
. The game is not even part of the reason for having any of it. It the fact of being able to sell "items" with as a bitcoins as a"Bonus". This worked and the CC processor allowed it. After talking with my account director he told me I did not need the game site to sell coins. Product bitcoin-keys.com You should have stayed with the evolution of it before you make claims
. sweeden
It's spelled "Sweden", or alternatively "Nigeria". What made you decide to start the firm in Sweden when you're a US resident?
Would guess that's becasue Sweden allows you to register an Ekonomisk Förening - which is a form of Credit Union that requires no licence or capital (and no KYC requirements either). Of course to do that all users have to be members of an assocation (no more than 1000 allowed) and, unless he also has a seperate offshore payment processor setup (which would charge fees so as no profit was made) he has to pay 30% of all declared profits to Sweden.
Maybe. The fact that they're offering currency exchange services might invoke KYC requirements.
Quote
KYC covered entities: Banks; insurance companies; securities
firms; currency exchange houses, providers of electronic money,
and money transfer companies; accounting firms; law firms and
tax counselors; casinos, gambling entities and lottery ticket sale
outlets; dealers of vehicles, art, antiques and jewelry; and real
estate brokers
firms; currency exchange houses, providers of electronic money,
and money transfer companies; accounting firms; law firms and
tax counselors; casinos, gambling entities and lottery ticket sale
outlets; dealers of vehicles, art, antiques and jewelry; and real
estate brokers
http://www.knowyourcountry.com/sweden1111.html
Great stuff to bring up guys, yes sweeden will offer us a way to operate in the bitcoin world with out having to worry to much about big brother. We know about all the offshore stuff and we got that sorted out already as well.
We plan for full KYC & AML compliance required or not.
Mods please keep forum on topic.
Only thing that concerns me is whether after a few weeks he'll get bored of it and just keep the funds - as happened with his mining company where he stopped mining after only a few weeks and since has just constantly delayed doing anything and is only now, with ASICs out, trying to sell off the crappy hardware that noone wants.
Ouch. I had no idea. He just sounds like the average forum muppet, that's one step further.
Save you shit for someone who cares.
Aren't you the one who like 2 months ago tried to make bitcoins using stolen MMO game and failed miserably?
O.o...what with cablepair & etc it appears I've been missing out on stuff.
Wait, isnt one of the main points of bitcoin the fact that we dont have to deal with banks for the most part? Why wouldnt I just keep my funds perfectly secure in my own wallet rather that in some wannabe bank that is possibly a complete scam, judging by how much of a clusterfuck this thread is already
Because Bitcoin.
Wait, isnt one of the main points of bitcoin the fact that we dont have to deal with banks for the most part? Why wouldnt I just keep my funds perfectly secure in my own wallet rather that in some wannabe bank that is possibly a complete scam, judging by how much of a clusterfuck this thread is already
What made you decide to start the firm in Sweden when you're a US resident?
Would guess that's becasue Sweden allows you to register an Ekonomisk Förening - which is a form of Credit Union that requires no licence or capital (and no KYC requirements either). Of course to do that all users have to be members of an assocation (no more than 1000 allowed) and, unless he also has a seperate offshore payment processor setup (which would charge fees so as no profit was made) he has to pay 30% of all declared profits to Sweden.
Maybe. The fact that they're offering currency exchange services might invoke KYC requirements.
Quote
KYC covered entities: Banks; insurance companies; securities
firms; currency exchange houses, providers of electronic money,
and money transfer companies; accounting firms; law firms and
tax counselors; casinos, gambling entities and lottery ticket sale
outlets; dealers of vehicles, art, antiques and jewelry; and real
estate brokers
firms; currency exchange houses, providers of electronic money,
and money transfer companies; accounting firms; law firms and
tax counselors; casinos, gambling entities and lottery ticket sale
outlets; dealers of vehicles, art, antiques and jewelry; and real
estate brokers
http://www.knowyourcountry.com/sweden1111.html
What made you decide to start the firm in Sweden when you're a US resident?
Would guess that's becasue Sweden allows you to register an Ekonomisk Förening - which is a form of Credit Union that requires no licence or capital (and no KYC requirements either). Of course to do that all users have to be members of an assocation (no more than 1000 allowed) and, unless he also has a seperate offshore payment processor setup (which would charge fees so as no profit was made) he has to pay 30% of all declared profits to Sweden.
Only thing that concerns me is whether after a few weeks he'll get bored of it and just keep the funds - as happened with his mining company where he stopped mining after only a few weeks and since has just constantly delayed doing anything and is only now, with ASICs out, trying to sell off the crappy hardware that noone wants.
But just FTR, keeping a list of members is already doing KYC.
What made you decide to start the firm in Sweden when you're a US resident?
Would guess that's becasue Sweden allows you to register an Ekonomisk Förening - which is a form of Credit Union that requires no licence or capital (and no KYC requirements either). Of course to do that all users have to be members of an assocation (no more than 1000 allowed) and, unless he also has a seperate offshore payment processor setup (which would charge fees so as no profit was made) he has to pay 30% of all declared profits to Sweden.
Only thing that concerns me is whether after a few weeks he'll get bored of it and just keep the funds - as happened with his mining company where he stopped mining after only a few weeks and since has just constantly delayed doing anything and is only now, with ASICs out, trying to sell off the crappy hardware that noone wants.
We will provide a full line of banking services tied in with crypto-currency's.
Yes developers will have API's down the road.
Thank you for your support
Yes developers will have API's down the road.
Thank you for your support
Will you provide a full line of apostrophes tied into plurals and possessives too?
Glad you bored again today keep me at the top.
We will provide a full line of banking services tied in with crypto-currency's.
Yes developers will have API's down the road.
Thank you for your support
Yes developers will have API's down the road.
Thank you for your support
Will you provide a full line of apostrophes tied into plurals and possessives too?
I have always maintained BitcoinINV is one of the more humorous posters on here.
Why isn't this in Offtopic though? Normally we do parody threads in there.
Why isn't this in Offtopic though? Normally we do parody threads in there.
Take it as a joke if you want
I think is a great idea! Congratulation on having the corporation ready!
What services do you plain to provide?
Will you open the APIs to Developers?
Sebicas
What services do you plain to provide?
Will you open the APIs to Developers?
Sebicas
We will provide a full line of banking services tied in with crypto-currency's.
Yes developers will have API's down the road.
Thank you for your support
I have always maintained BitcoinINV is one of the more humorous posters on here.
Why isn't this in Offtopic though? Normally we do parody threads in there.
Why isn't this in Offtopic though? Normally we do parody threads in there.
What made you decide to start the firm in Sweden when you're a US resident?
I think is a great idea! Congratulation on having the corporation ready!
What services do you plain to provide?
Will you open the APIs to Developers?
Sebicas
What services do you plain to provide?
Will you open the APIs to Developers?
Sebicas
Thanks, I am glad you find us so intriguing that you would rather spend time on our business then your own. This really means a great deal to us, and I think it should to our future customers and your current customers.
Just to clarify, is the us including Ben Franklin or excluding Ben Franklin?
Thanks, I am glad you find us so intriguing that you would rather spend time on our business then your own. This really means a great deal to us, and I think it should to our future customers and your current customers.
Thanks for making that clear, Have a nice day.
But... I can't leave, you and your credit union are so adorable!Here, if you ever need to purchase ATMs for your customers to use.
Thanks for making that clear, Have a nice day.
Just a quick question do you have any part in bitcoin-central?
One could say so I guess. Company is located in Sweeden I live in the U.S. we have board members that live in sweeden. We comply with sweedish regulations, we have full power to operate as a credit union in the E.U.
Just a quick question do you have any part in bitcoin-central?
Company is located in Sweeden I live in the U.S. we have board members that live in sweeden. We comply with sweedish regulations, we have full power to operate as a credit union in the E.U.
This can't be trusted until the legality is brought up to OVER 9000!
Your link indicates you are in north carolina. So you are complying with all of http://www.ncleg.net/enactedlegislation/sessionlaws/html/1981-1982/sl1981-282.html? Which means you have 9 other partners hundreds of thousands of dollars (minimum) and all deposits can be withdrawn in US legal tender (as per the regulation)?
What he said.
I'd like to know their names also, your partners in this 100% legitimate credit union. Not only for myself but the other investors in line behind me.
Are you sure the Sweeeedes are for serious about this...
Your link indicates you are in north carolina. So you are complying with all of http://www.ncleg.net/enactedlegislation/sessionlaws/html/1981-1982/sl1981-282.html? Which means you have 9 other partners hundreds of thousands of dollars (minimum) and all deposits can be withdrawn in US legal tender (as per the regulation)?
Company is located in Sweeden I live in the U.S. we have board members that live in sweeden. We comply with sweedish regulations, we have full power to operate as a credit union in the E.U.
Thank you, I will take your patato and make french-fries and sell the back to you.
Our core banking software is already in place as well ready for you to check out at bitcoins-r-us.com you can purchase your french with any payment method offered
Our core banking software is already in place as well ready for you to check out at bitcoins-r-us.com you can purchase your french with any payment method offered
You have registered a corporation. Kudos. You win a potato and half an internet.
Your link indicates you are in north carolina. So you are complying with all of http://www.ncleg.net/enactedlegislation/sessionlaws/html/1981-1982/sl1981-282.html? Which means you have 9 other partners hundreds of thousands of dollars (minimum) and all deposits can be withdrawn in US legal tender (as per the regulation)?
Wow, I'm surprised at how lax credit union regulation is where you are. Where I am, to be 100% legal, I'd have to have at least 4 other partners who each put up millions of USD as collateral. (among many other compliance issues)
Not only that no one would walk into a office and say something like that.
Let me assure you that in the unlikely event you'd somehow manage to make your way into some office I occupy I'd be telling you the exact same thing (probably right before having you removed by security, sure).
Moving on, will your credit union issue BTC passports too? Do you have any plans to bring the legality level over 100% in the future?
Save you shit for someone who cares.
So much for being professional...
If you have been here long enough you would understand lol
I treat everyone as the treat me, its a great way to live life, if you do not like me do not do business with me.
Not only that no one would walk into a office and say something like that. If you did guess what they would say to you?
And then have you removed by security... There is really no security here so we have to fend the trolls off ourselves .
Save you shit for someone who cares.
So much for being professional...
Save you shit for someone who cares.
So basically after having paid twenty quid for a three hour Cadbury's factory visit one Sunday you find yourself ready to participate in the global packaged chocolate market.
Why stop there? We still need ASICs and where's the flying cars and submerged cities already!
Why stop there? We still need ASICs and where's the flying cars and submerged cities already!
Had a couple of questions about Deposits in my mail thought I would address that.
WE WILL HAVE A SWIFT NUMBER! This will take time but it will happen, until then we will use other services for cash deposits.
We will also take credit cards from members for deposit.
Bitcoins will be accepted.
Litecoins will be accepted. "limited use" until the demand for use grows or goes.
We will accept alt coins with conditions, Conditions is there needs to be a upfront of 3500 coins of the currency must be donated to the credit union. This will cover the cost to add the currency to the system and for use to have reserves.
sample of what its all going to look like at bitcoins-r-us.com
WE WILL HAVE A SWIFT NUMBER! This will take time but it will happen, until then we will use other services for cash deposits.
We will also take credit cards from members for deposit.
Bitcoins will be accepted.
Litecoins will be accepted. "limited use" until the demand for use grows or goes.
We will accept alt coins with conditions, Conditions is there needs to be a upfront of 3500 coins of the currency must be donated to the credit union. This will cover the cost to add the currency to the system and for use to have reserves.
sample of what its all going to look like at bitcoins-r-us.com
Bitcoin Credit Union Business Plan
Operating Principles:
To provide these services in a professional, personal, and competitive manner using alternative payment methods.
To provide a climate in which the Credit Union employees can achieve outstanding performance and personal growth.
To support the advancement of our community, the Credit Union philosophy, and in particular our own Credit Union family.
We will donate a percentage of all profit to a Bitcoin Exposure fund. This fund will help make Bitcoin more visible to the public.
To continue the emphasis of the Credit Union strength through growth of capital and surplus.
To provide these services in a professional, personal, and competitive manner using alternative payment methods.
To provide a climate in which the Credit Union employees can achieve outstanding performance and personal growth.
To support the advancement of our community, the Credit Union philosophy, and in particular our own Credit Union family.
We will donate a percentage of all profit to a Bitcoin Exposure fund. This fund will help make Bitcoin more visible to the public.
To continue the emphasis of the Credit Union strength through growth of capital and surplus.
Services to be offered
Deposit AccountsChecking Accounts
Loans
Lines of Credit
Currency Exchange "Btc,USD,EURO"
Debit Cards - Cards will be tied to a checking account. This account will be loaded with either usd or btc.**
Other services offered by credit unions
This is just a quick introduction since I have obtained the name and my application has been admitted.
Thanks
https://sokarende.bolagsverket.se/mia/visaarende.seam?id=32397&artal=2013
Chrome will translate it if need be.
Discuss
** More information to be released later.
Jump to: