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Topic: GAW / Josh Garza discussion Paycoin XPY xpy.io ION ionomy. ALWAYS MAKE MONEY :) - page 623. (Read 3377945 times)

sr. member
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We are within 1% of a new low for paycoin.

Surprised it hasn't happened sooner with the amount of bad news that's come out this week.



legendary
Activity: 1596
Merit: 1010
Summary of the call:

Josh: Everybody has let me down. I've done everything correctly, but literally everybody I've been involved with has scammed me or kept me in the dark. Actually it's all Coin Fire's fault. I have an email from the SEC where they say that Coin Fire lied, but I'm not allowed to show it to anyone.

Aaron: I feel your pain, you're an angel. Everything that's gone wrong is because of atheists. Praise be unto the lord. Also, here are eight random stories that have nothing to do with anything.

Josh: Yeah, ok. By the way, we're launching billpay and credit card, it's definitely going to happen.

Sounds about right Smiley
donator
Activity: 686
Merit: 519
It's for the children!
Possibly the most hilarious argument last night was when he had that two-fold response to coin mixing and dumping. First, he argues that he's too unsophisticated to do such a thing. He doesn't even know how the blockchain works! Second, he says that he has no reason to do so because he's majority owner in the company, so he can withdraw money any time he chooses. He doesn't have to hide.

He thinks it's okay to embezzle funds if he's majority owner. Like, literally. He thinks it's fine. He thinks committing a fairly fundamental crime and stealing from your business partners by embezzling funds is acceptable.

That's one thing I think he wasn't lying about.

I like this analysis. 
sr. member
Activity: 444
Merit: 250
Summary of the call:

Josh: Everybody has let me down. I've done everything correctly, but literally everybody I've been involved with has scammed me or kept me in the dark. Actually it's all Coin Fire's fault. I have an email from the SEC where they say that Coin Fire lied, but I'm not allowed to show it to anyone.

Aaron: I feel your pain, you're an angel. Everything that's gone wrong is because of atheists. Praise be unto the lord. Also, here are eight random stories that have nothing to do with anything.

Josh: Yeah, ok. By the way, we're launching billpay and credit card, it's definitely going to happen.
hero member
Activity: 532
Merit: 500
Possibly the most hilarious argument last night was when he had that two-fold response to coin mixing and dumping. First, he argues that he's too unsophisticated to do such a thing. He doesn't even know how the blockchain works! Second, he says that he has no reason to do so because he's majority owner in the company, so he can withdraw money any time he chooses. He doesn't have to hide.

He thinks it's okay to embezzle funds if he's majority owner. Like, literally. He thinks it's fine. He thinks committing a fairly fundamental crime and stealing from your business partners by embezzling funds is acceptable.

That's one thing I think he wasn't lying about.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
OK. Enough is Enough. This crime must be reported.

https://hashtalk.ch/topic/37427/enough-is-enough-this-crime-needs-to-be-reported/2 Archive: https://archive.is/LpsOg

TL;DR Is Homero going to turn himself in?  Huh Roll Eyes


If I recall correctly Paul Revere this argument being put forward by Josh is exactly the same as the argument you were putting forward against the Mage 60 pages ago

Pretty much took it word for word although I disagree with the opinion on the grounds that GAW did not acquire their Coins through legitimate means as seen in the email dumps and the Coins should be burned or given to the investors.

Good Greif. Not again. WHAT coins? Exactly which coins are you talking about? And how do you determine which coins are legitimate, and which are wrongfully acquired? WHO gets to decide? Why do THEY have the authority to pass judgement regarding someone else's property? Are they suddenly a legal court? If you can not answer these questions and a bunch of others about this plan of seizing coins you are babbling non-sense.

This.

Thank you. Having people saying they think it is a good idea that Crypto Currency should be controlled by whomever can grab control at any given moment and arbitrarily decide whose property is legitimate and whose is not makes me fucking nuts. I can not believe I hear this non-sense from people who are deeply involved in supposedly trying to advance Crypto Currency. What they are saying is they want Crypto to remain a fucking toy that can be played with on a whim and not a real asset or currency. Complete lunacy.

I disagree with this statement on grounds of lunacy.

What really disappoints me about this is that you are a talented programmer but  have no concept of Property Rights or any clue as to what legality means. Total grey shirt dumbass Communist/Socialist viewpoint. If Crypto Currency is to become a real asset that can be used as a medium of exchange and a valid store of wealth then real, legal Property Rights have to be the very core of it. They actually already are from a purely legal standpoint, but the law is lagging behind leaving random dumbasses to suggest purely communist control of it, rather than treating it as a real asset. What you are suggesting is that Crypto Currency should be some fucking playground play money that some random kids get to decide who's money is legitimate and whose gets eliminated because the other kids decided they don't like them. It is either real property- in which case it is useful and valuable, OR it is play money. I vote for it being taken seriously, and you vote for it to remain a fucking joke to people who actually understand Property Rights.

Crypto is only an account ledger of checks and balances decided on by the majority of holders, it has nothing to do about property rights. If you are taking it seriously and treating it more than it is, an experiment and a joke, then you are going to lose money and miss out on actually progressing the advancement of the technology as a whole. You could be working on the advancement as well but are sitting here just talking about it, it's like eating icecubes on toast, looks nice but no substance.

The US Federal Government considers Crypto Currency to be Property. This definitely includes Paycoin. End of story. You obviously do not understand the concept of Property, and therefore Property Rights are unfathomable to you. Trying to keep people from treating Crypto as a joke is working on it's advancement, it is a shame that you can not recognize this.  
sr. member
Activity: 406
Merit: 250
What state is that exactly? State of cocaine-induced euphoria maybe.

legendary
Activity: 1596
Merit: 1010
Correct me if I am wrong, but I think he only loses other peoples marbles.

Oh wow that made me laugh so hard...it's true unfortunately Sad
donator
Activity: 686
Merit: 519
It's for the children!

He does seem to lay claim to a lot of things which he then loses.
sr. member
Activity: 406
Merit: 250
Who is "Whit" on the call? It sounds like a young boy, someone who should not be involved in this dangerous mafia stuff.

Whit is Bassgm/Bassguitarman
OwlBase
Colored Coins
bitsofnews



Interestingly, he is also a mod of /r/asicgroupbuy on reddit, which I am (was?) also a part of. We bought a bunch of GAW hosted miners through collaborative group buys back when GAW might now have actually been a 100% scam. I knew I recognized the user name, but I forgot where I knew it from.
donator
Activity: 686
Merit: 519
It's for the children!
sr. member
Activity: 406
Merit: 250


Some idiots on hashtalk still believe that a "prime controller" is a piece of hardware. Oh yes, Josh Garza is the second coming of Jobs - only He could have built amazing machines such as prime controllers, hashlets and hashstakers.

This is the same guy I posted yesterday. I think this is a "troll" account deliberately posting gibberish. The post from yesterday was hilariously incomprehensible.
donator
Activity: 686
Merit: 519
It's for the children!
DHS has a reason to look at mr. idiot. i doubt hes in any danger tho

he is just a poor muggle in a country where he doesnt know the local culture and the cost of living is high. he must scrape together even tiniest few k's
fitting end for a scam artist such as him. we wont miss you mr. garbanzo

Believing the Middle Eastern and Russian mafia/terrorists/investors are more than imaginary friends is akin to buying XPY now and asking Ganza for your $20. 

What is with the selective believing of a pathological liar?

Perhaps Ganza just needed a new boogie man!  Since he burned the whole extortion and pity via government agencies thing. 

https://bitcointalksearch.org/topic/m.11163748

Quote
On behalf of the SEC (A government agency) "they will seize all of them"
~Homero Joshua Garza

"Making a false statement on behalf of a government agency is a big deal"
~ Homero Joshua Garza
donator
Activity: 686
Merit: 519
It's for the children!
Who is "Whit" on the call? It sounds like a young boy, someone who should not be involved in this dangerous mafia stuff.

Whit is Bassgm/Bassguitarman
OwlBase
Colored Coins
bitsofnews
donator
Activity: 686
Merit: 519
It's for the children!
https://hashtalk.ch/topic/37470/life-raft

This is a thing of beauty. The scammer who's bilked people out of millions of dollars gets scammed for $50k and goes completely apeshit. He just can't stand that someone would lie to him!

I mean, that Vadala guy seems like a scumbag. It really does look like he has no right to take those primes in lieu of unpaid bills. However, I'm glad he did, because watching Garza flip out over being cheated is a whole new kind of entertainment.

Then he starts going off on people who haven't cheated him, but he perceives to have in some messed-up way. Basically any deal where he didn't end up scamming the people on the other end is now a theft. This is just amazing. One guy steals from him (to compensate for money he's owed, no less), and he can't handle it. "No, wait, I'm supposed to be bilking you, not the other way around. What is this? How could you do this to me?Huh?"

So basically he totally fucked himself. It's not really hard to do all the stuff that PayCoin was meant to be, how is he having so many problems with people?

So is Josh now working with the mob? I can't tell what's real anymore http://www.miningpool.co.uk/josh-garza-breaks-down-admits-to-working-with-mobsters-going-to-dubai-in-bizarre-post/

There is more to this story I think, maybe Josh is just a puppet or maybe it's a farce. Let's start into conspiracy theories, why not? The popcorn does not stop flowing around here.

There is clearly involvement of a George or Jeb Bush in all of this.
donator
Activity: 686
Merit: 519
It's for the children!
https://hashtalk.ch/topic/37470/life-raft

This is a thing of beauty. The scammer who's bilked people out of millions of dollars gets scammed for $50k and goes completely apeshit. He just can't stand that someone would lie to him!

I mean, that Vadala guy seems like a scumbag. It really does look like he has no right to take those primes in lieu of unpaid bills. However, I'm glad he did, because watching Garza flip out over being cheated is a whole new kind of entertainment.

Then he starts going off on people who haven't cheated him, but he perceives to have in some messed-up way. Basically any deal where he didn't end up scamming the people on the other end is now a theft. This is just amazing. One guy steals from him (to compensate for money he's owed, no less), and he can't handle it. "No, wait, I'm supposed to be bilking you, not the other way around. What is this? How could you do this to me?Huh?"

https://archive.is/nOtcI

MrCEO
Quote
Life Raft
I am just going to give it to you straight. Too many lines have been crossed, threats, private emails being exposed, lies, taking things out context, failed promises, bad leaders, software systems stolen, and the list goes on.

We are so far from where we started.

But today, I think we crossed a new line we can never go back from.

My Last Straw
Phil said on (recorded video) that the Primes were collateral.

That's a bold faced LIE. There is no way I would secure 15 Primes for 50k! Think about how much sense that makes. I paid him 60k just for just stock in his unprofitable company.

But then I would collateralize 15 primes for 50k for a project I wanted to happen? Come on Phil, if I said it prove me wrong with some evidence.

The guy is a liar, plain and simple. But whats worse is you’re willing to take the small bit of scraps people have left to support your lies.

Phil, I guess you forgot to mention that you were paying yourself out of the coins that were being sold........GAW Employees, raise your hands on how many of you were paying yourselves through paycoins?

Phil also stated that I have never contributed anything to help Paycoin? Are you kidding?

Lets start with FastXPY, did you forget I paid for it? Twice! Once to get you started and a second time to buy equity.
How about Paybase, the system that's being shut down against my will because Matt (the leader of paycoin development) illegally locked us out. I now have to pay to have it built twice to bring the features so many of you have been waiting for. This has wasted so much time.
How about CoinStand? I have now had to pay to have built three times! The first time Team Paycoin took my money and never delivered a working product. And the second time Phil decided it made more sense to steal coins from others VS finish it.
Crypto Change has not moved mountains, but its a start. Funny that the only project that has no issues is the one that none of the "same group" are involved in.......
But the most important part to all this is our so called leaders of this community are willing to stand shoulder to shoulder with liars and thiefs. There is no future in that.

Our Leaders
Today, on the call, Adam stated that it is “unacceptable" for threats to be made against family.

Adam, as you know my family has been threatened many times, on the same forums you regularly visit and by people who you talk regularly with.

Let me ask you, does this “unacceptable” stance to "no longer should be communicated with in any fashion” apply to anyone? Or only people that stand in the way of 15 new prime controllers you want to control?

If anyone, why is this never been addressed one time publicly? Why do you continue to communicate and strategize with any number of people that have made threats against paycoin members here? Including myself? Hypocrite.

No, you conveniently made the statement 10 minutes before the call so you would have an excuse to keep me off. You knew that there is no way Phil could support the lies he needed to tell so you guys could try and get your slimy hands on yet another 15 controllers.

Have you even bothered to tell people you never even fully paid for the coins you do have?

Why would you? Matt extorted the coins he now has, then gave some to others. He heckles paycoin holders during the day along with the trolls. But then at night, while on video, says the community is our best asset. Really?

Don't even get me started on Jonah. The guy that has the full-time job of driving the value of Paycoin down. Yet, is on Team Paycoin calls as a contributor?

Our Future
You can keep blaming me, but the truth is there is so much blood, on so many hands. More energy is put into where I am located than making paycoin better.

I don't think anyone can deny. Our current path is destined for failure. Don't think so? Riddle me this.

The entire premise or lets call it justification, for taking Prime controllers from GAW was so that Paycoin was no longer centralized. So how did just about every controller ended up back to the same group of people? Never was there a coin more centralized.

Worse, they did it on your backs. Just about everyone reading this paid something for their Paycoin. But the majority of the coins this main group has never paid a cent. The Foundation wouldn't even sign a basic agreement for theirs that said things like they had to do things like vote in positions, and have public budgets.

Failure
I know, I completely failed with Paycoin/Paybase. I tried to create something that could, one day, be even better than Bitcoin. But I created something even worse. Worse, is I partnered, befriended and trusted about the most selfish and greedy group of leaders possible.

Team Paycoin, you don't have to push me out. I want nothing to do with how this is going. You under-utilize your greatest talents and put people in charge that have no idea what they are doing. Just know that at some point, people will start seeing through the "we were left with a mess" excuse and the only person left to blame is the guy in the mirror.

A Life Raft
Assuming you don't deny any of the points above, keep reading.

The question is what do we do next?

I think its about time for us to start thinking about a life raft. How can we salvage what little we have left, and leave all this crap behind? There is something here worth saving.

Can paycoin be salvaged with new leaders? If I left? Adam? An entirely new team voted in?

I will stay here as long as you will have me, and I will be the last guy to leave. But I don't want to own any more Paycoin. Should we get the stolen Primes back, my plan is to give it directly to investors and let them manage themselves. Then burn GAWs coins, maybe finish HashBase with the empty Controllers Smiley

These are just some honest thoughts from a tired guy. I think there is a path forward, but it looks different than the one we are on. But those are just my thoughts. How about you?

Follow me on Twitter - @gawceo
sr. member
Activity: 379
Merit: 250

Some idiots on hashtalk still believe that a "prime controller" is a piece of hardware. Oh yes, Josh Garza is the second coming of Jobs - only He could have built amazing machines such as prime controllers, hashlets and hashstakers.

Iprime ,my customers with BS
Ilet     ,them think they will profit
Istake , with their funds
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