Dammit you guys need to stop posting so much while im at work!
On your last statement, I dont see my hand being stuck in a bucket of shit. I'm offering suggestions like many others have in this thread. I personally havent acted on anything and am not spending anymore time other than writing a bit on it.
Well I don't know about other people, but I have lost significant respect for your authority as I have seen your views unfold on this debacle. I hold litecoin and viewed you as one of the pillars of the crypto community. That is no longer true. (I guess this is the point where you call me a troll again!)
You know whats funny, I heard the same exact stuff when I helped out Dogecoin. But im still around and kicking!
And you've always been a troll /u/karljt but that doesn't mean I love you any less
Okay... so... from an IRS perspective... how does a guy carrying only $13k in a bank account end of 2013 also carry $230k in note on a property + one or two exotic cars +
Can't imagine how that was even close to legit. If it was, he needs to quit screwing around with this crypto currency and sell budgeting advice.
He may have suckered enough folks to pay for the $75k planes, $2k/night hotels, $2k/day car rentals, $160k 'gift' from Elon... and have an extension in for this year... but... wow... this guy really is a total scum bag. I hope if the IRS takes note, they go back 7 years in his history just for the fun of it.
It is very possible he hid his assets in GAW so it wouldnt be him but the company that would pay for stuff.
I see some apples and oranges mixups going on with the discussion about proposals to seize Josh's Paycoins. The bit where Josh posted the hardly intelligible rambling about stealing tv's had to do with the coins he said were stolen from him. What Mage is suggesting be done is to seize Paycoins that were created as part of Paycoin and have been Josh's property ever since. You either respect property rights or you don't. Whatever you think of Josh personally he owns millions of Paycoins- he did not steal them. If people are stupid enough to buy into a crypto coin where one guy owns damned near all of them that is their choice. Josh dumping the coins into markets is also probably not actually illegal- it is just a breach of trust on his part because he said he would not do that. Unethical and underhanded, but probably not actually illegal. What exactly would be the "charge" laid against Josh to justify seizing his coins and destroying them? If I were him and it happened to me I would sue, seriously. There are lots of crimes involved in this whole fraud scheme, but Josh creating millions of Paycoins and putting them in his own wallet is not one of them. Then, on top of that, if there really were such a seize&burn action against Josh- how does anybody know if he was not actually the one behind it? Letting a few million Paycoins get burned would make him look like a victim, AND perhaps remove some of the shit stain of Josh from Paycoin- but who knows how many coins he protected from being seized? Letting a shitload of XPY get burned so that the other millions he has hidden are worth way more would be a HUGE fucking win for Josh. The plan to seize and burn Josh's coins is so ill thought out and illogical there are giant holes in it wherever you look. If you want to get back at Josh, let Paycoin dive into the Satoshi price level. Don't salvage the fucking coin for him for fuck's sake- cmon- you think he doesn't want that?
The apples and oranges was when I suggested to removed the prime controllers and you jumped on my ass like a wild orangutan about burning coins specifically (which is primarily not what I suggested, but I did suggest to burn the coins within the PC's). You were the one who drug the entire "burn all the coins!" confusion in here. However you asked how it could have been done and I laid out a few examples.
What I may not know and I guess I still dont is if those PC's contain customer funds or are they isolated. However, find me one person not intimately involved in this scheme that owns a PC (because I doubt there is one).
And FYI, Vericoin forked their entire network when Mintpal was hacked in order to reverse/blacklist the coins that were stolen. This was of course before moolah bought them and turned it into a ginormous cluster eff.
At this point its just best we drop this discussion because we are obviously missing each others points here. Hell I was one of if not the most well known individual to call this out months ago. the only thing you can be upset with me is just being a nice guy for wanting to help.
