I had an argument a couple hundreds pages back, where I argued that most of it was planned out and the other people on this thread thought that it was mostly incompetence. I've changed my mind slightly towards the other opinion since, but not completely. But small details like this seem like they would require a lot more competence than what I think GAW has.
In this particular case, we know they lost some developers. The developers that worked on paycoin as it was weren't too competent, as the blockchain forked near the beginning.
I think I got that quote right(?)
Anyway, I think it's more of a shell game. They started out with physical items and shipping was just too difficult to deal with, so went the renting route... then accounting was too much to deal with so went the 'private mining pool' route... then electricity was too much to deal with... so went the altcoin route... and jackpot! A total sweet spot for the hashtards! Just say the coin will be worth $20 soon
tm and they'll buy it all up at $4 to $12 a pop! AND, just as they were white washing their asses out of the hashlettes (or what ever those were)... the dev team seems to have quit (as early as early Jan from what I can see on posted stuff)... so they fight back and forth, then by mid- late- march come to an agreement that, of course blows up immediately... and now it's like some puss riddled tick spewing all over the interwebz and the bag holders are still floating around in that mess waving their GAW banners believing that he's going to be their savior.
They need to think... what debit card company is going to make an agreement with GAW or even the Paycoin Foundation when the whole mess has never complied with any regulations and has openly supported going to Hong Kong to avoid a regulatory environment?