Yeah, and how is that lawsuit thing going, did they ever find those devs that were you know, out of US jurisdiction and stuff? And apparently none of you know what bullet-proof hosting is...
And you don't reckon that Kanye's image rights are protected in countries other than the US?
Bullet-proof hosting is irrelevant. Regardless of whether Kanye can actually shut the exchanges down, it's obvious that the coin can never gain any legitimacy if you're breaking the law by using it. I'm talking about using it to actually buy things, not trading it on some two-bit exchange hosted in the middle of nowhere. People seem to forget that buying stuff is what currency is for...
For one....98% of every coin released now cannot be used to actually buy things. People are trading it and trying to make money off of it by playing the market. This coin is no different than all the others so stop the bullshit.
As for Kanye dipshits image... do you really think another country is going to give two shits about some narcisistic rapper they most likely never heard of? No. They arent.
AND EVEN if by some miracle all this legal crap DOES in fact stifle the coin... the blockchain is a series of hexidecimals and shit like that. All you would need to do is keep the blockchain and rename the coin to something entirely different.
Why are so many people ignorant to the possibilities of crypto? It cannot be stopped unless EVERYONE wants it to be.
Actually I didn't know about kanye until this coin released
This doesn't suprise me. I would say that probably 80% of people in my country wouldn't even have any clue who he is. Outside of the US he would only be known by hip-hop fans in their teens/early 20s. The amount of people who would even recognise the Southpark cartoon (outside the US) would be about 1% at best.
If any of you followed what went on with Quark coin, it has similarities to this. The Quark community got pissedwhen it found out that a lot of the media stories about Quark were simply press releases and prearranged interviews by the devs. You can very easily create fake media hype that way.
It wouldn't suprise me if this was the case with Coinye West/Conye/COYE/Koye/Koi or whatever the hell this thing is called.
