Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 2322. (Read 3377790 times)

I agree with this and that is why the movement took off, at least I think so. But this paycoin is bringing it back in this direction, banks corrupt investors and for profit and a lot of profit. Not only that but the high returns etc.. I think this is the reason people are mad and are against it, on top of it being a possible HUGE scam.

So this is nothing more than a personal vendatta?

Probably because the other mining companies aren't running around sending C&D letters to anybody who wants them to prove they are a legitimate business.

I think some have their own "crypto"... is it gold, coins, gold coins, tokens, chips etc in many games, businesses etc. Now the amazon coin. How does their value hold? I think the comment the Zeus guy (Terry?) made was in this respect?

Why not add every other cloud mining provider to this? Even if people have to be selling mining power to fall under this, there are what, a dozen other companies you could add to this? Why not?

I cannot tell the future, but they have not threatened me and I have not seen any of them make the claims GAW/Zen has. Regardless, that question is probably better suited for the regulators directly and not me. It is my hope they are or will be in compliance too.

Scott-

I had a mining farm active until recently and the answer is I could not use my ham gear next to or near my miners - which is what originally caused me to investigate that aspect of the situation. The ASIC's operating at full clock speed generate what we call "intermod" (intermodulation) that gets in to the harmonic (the crystal reference frequency) of the ham (and other) radios (more so on the HF transceivers than the VHF/UHF ones) and makes them useless in close quarters (within 30 meters).

As far as being liable:
I am a licensed ham radio operator and my license allows me use or make (homebrew) just about anything I wish for testing purposes within the frequency bands I am licensed for at the address on file with the FCC. Now, if I were to offer anything I made for sale, that is a different story and I would have to certify the device just like anyone else.

Again, simply buying a device from overseas or within the USA does not make one liable. It is how that device is used and/or what is done AFTER learning of its incompliant nature.

Scott-

So what about all the other cloud mining companies that have datacenters with miners?

For the greater good of the industry, something must be done to make sure everyone is on the same page and playing field. This has nothing to do with small home based miners who consider this a hobby. If we all do not self-police and make sure what we are doing is legal on the most basic levels, how are we going to expect any real-world segment to adopt the technology? It has to start somewhere.

As mentioned, GAW is not a consumer taking delivery of one or two miners. They are a for-profit enterprise that is making money off the use of thousands of these devices in question. Combine that with the other financial reds flags identified in their business activities and that should address your first question.

Scott-

What started all this?
In simplest terms, me bringing up some concerns to Mr. Garza directly and offering my constructive criticism in August on his forums, which were never disrespectful in my opinion, but conveniently got me shadow then permanently banned and saw over $1000 worth of my BTC held for over (10) business days without an apology or real reason why. That was about the time I submitted my first SEC complaint. What triggered me to take additional action was the unfounded C&D letter received from Mr. Garza's attorney and the continual character assassination attempts that are being made. Combine that with others who have experienced the same treatment after identifying some major red flags and we find ourselves here.

So how come some of the people that are not uneducated are staying. And please don't come up with the word shill or payed.

Scott,

Some questions here what does US customs check when they import electronics equipment? FCC compliance right? So how do you think those items you said GAW purchased came through customs?

Actually yes I do but I think many more are just ignorant and greedy. However, HT users are just a small percentage of people that have been suckered into throwing all their money at GAW.

Well, since I just lost almost an hour's worth of work in my replies by accidentally hitting the back key, I will keep this simple. and try to elaborate on as I go.

There are two components at play here:
A. The Hardware
B. The Financial

Both play off one-another.

Hardware:
Nearly every electronic device sold within the United States radiates unintentional emissions and must be reviewed to comply with CFR 47, Part 15 before it can be legally imported, advertised and/or sold within the US market. This process has been established to insure safe operation of the equipment and to certify one device is not going heed the operation of another device. These days, this ever increasingly important process involves first filing FCC Form 740 [or the electronic equivalent] then having a FCC approved third party test facility certify each device [model] in question before a publicly accessible FCC approval status is assigned to the submitting company’s existing or newly issued FCC ID. After this stage, the appropriate product labels with the FCC certification identifier are made and applied to each unit (typically alongside the serial number of the device).

GAW Miners primary alleged violation was having their name/logo placed on uncompliant mining hardware and then importing this hardware in volume to (1) use and (2) sell it within the US. This opens GAW/Zen up to a significant amount of liability for each and every device they have sold or continue to use every day in their own operation. As a once FCC licensed ISP, it also does not help their case if they claim ignorance of the regulations. Likewise, being complacent to or knowing the FCC (and unrelated CE) logos placed on each miner PCB imported without proper certification creates an environment of potential regulatory fraud on the part of GAW Miners et al.

Financial:
Since day one, I allege GAW/Zen has been using the ill-gotten gains from their uncompliant hardware sales to facilitate the genesis and continuing infrastructure backbone of what many see as a highly suspicious Ponzi-type operation. Since this component of the situation is more legally sensitive, I cannot and will not get in to any details other than it is being investigated and time will tell the outcome on that front.

-To your question-

My goal is simple:
To prove those who said I had no proof of any GAW wrongdoing and questioned my professionalism wrong.

As I have always stated, I have no ill feeling towards Mr. Garza or his family. However, I take being attacked with unfounded legal action seriously and will open my own “war chest” to fight for the segment of the industry that does play by the rules and must comply with the laws others feel do not apply to them. This has nothing to do with ham radio, tin hats, or me feeling bad about being banned from HT, which I don't. This has everything to do with making sure everyone who wishes to get involved in this industry as a hobby or business can do so without feeling like they are being scammed, led on, or swindled out of their money - which only defaces the REAL industry and makes it that much harder to adopt in the real world.

Scott-

I am not blind I can assure you that. Yes Josh has a habit of saying things with out considering how his opposition will twist it. Seems a lot of folks have become quite the experts at it. i am not trying to cause any rift ...truth is I do not frequent this forum by choice but I used to have a friendly relationship with K6TTR and he said he would answer questions so I asked a couple and in waiting for a reply chose to address what I see half truths and twisting of words.

So you think most of the people on HT are uneducated?

Yes because I thoroughly detest anyone that takes advantage of people especially the uneducated. Crypto is for everyone and when you fuck over the general population for personal gain because they don't fully understand what's going on then you are a complete scumbag and you deserve nothing but the worst.

LOL

How many hashlets you sold on hashmarket by mistake? Or how much anyone pays you to flood people minds with distrust?

That's the thing though he was a good guy and honest at one time. So maybe the money got to him or he truly plans on trying to make this work. I guess we should wait and see on the 8th of December. If he is as honest as he was or he went full Ponzi and the money went to his head. When he was selling hardware he and GAW would bend over sideways for its customers. Not defending him just speaking from experience. Some people here make him to be a straight up crook. I mean - I don't agree at all what he did to a lot of people. A couple of people here started on his first forum - Then HT and got banned then came here. I personally would not invest in Zen cloud again right now. I am waiting to see if he make good on the HP to Paycoin conversion and if it is valued at what he set it out there to be.    

That is a smart move and will help with the adoption. It only make sense, if the retailer can use crypto to pay vendors for goods and services that helps complete the cycle minus fiat dump.