Topic: [GLBSE] N33D W33D MMJ Growing Op - page 2. (Read 5486 times)

Agreed. If nothing else the OP has some ideas for how to run things now.

As a GLBSE user, thank you for this.  

I am sure a great many other users share this sentiment.

My own personal stance on MJ and drugs in general is that , though I myself don't use them, I see no reason why I should stop anyone else from doing so.

From a professional stance I need to consider GLBSE's users and asset issuers, I believe that such assets would bring unwelcome attention to GLBSE from various government agencies around the world and would in all probability result in myself being imprisoned (whether I would stay there or not I don't know), the GLBSE.com domain being seized as well as our servers (although we've got backups, it's going to be hard for me to do anything with them from prison).

Allowing such assets to list on GLBSE in it's current state would be an unacceptable risk for GLBSE, all it's users and it's operators, and as a result is not something that I could approve.

As others have mentioned in this thread earlier, an investment group that is very careful could serve this purpose.

The only exchange that would be able to handle such an asset without getting shutdown is one thats running on a darknet (such as Tor/I2P).

Nefario

OMG, do you realize how collectivist you sound? Are you the kind of guy who watches a sports team win and says "We won!!". Do you talk about America using the word "we" too? So you can use nationalism to take credit for things you've never done? Like "we beat the Nazis"?

Look at your above statement. Don't you think it a bit silly to be talking for the whole community? Speak for yourself, you sure as hell don't speak for me.

I wonder, can you speak without using the words "we" and "us"??

This shouldnt be run through glbse it should be done as a private investment club. You could run it using gpg keys to verify shareholders and hold voting via gpg email.

I have been involved in a  previous endeavour which did just this which also had a secretary,treasurer and accountant etc and had its bylaws.

gbse would be shut down by ICE if it was involved in your operation but if its run as I suggested above you would get a lot more support.

Now we need some sort of open source software that helps you run investment clubs.  

Edit: btw how much would you want to raise ?

Yup, plus Glbse's servers are in the US, so they'd physically seize them and have records of all the transactions in case they wanted to prosecute (or persecute) those involved.

BTW: The US govt can seize domains when the registry is US-based (Verisign which runs .com and .net is a US company).  Other governments can seize domains from registries in their own countries (e.g. Ireland for .info), depending on local laws.  ICANN hasn't changed anything (yet), they are working on a new registrar accreditation agreement and the wants of the law enforcement and govt contingent are top on their list of negotiating points, so it will probably get even worse in the coming years.  I run an ICANN-accredited registrar, however any opinions here are my own.

This.

The idea of diversification for GLBSE is nice, but this is a pretty bad idea. Nothing to do with someone's opinion on MM or weed in general, but investing in an unlicensed business in a very tightly regulated industry just seems like a poor idea. If the OP sticks to his word and just sells to authorized clients, margins would probably be low enough to not be worth the risk. Get the paperwork in order first, then try to launch the business.

This is a good point, I almost forgot about the ICANN changes in 2010.  They could use ICE to seize the domain.

if this "IPO" getting listed
wouldn't .COM domain in this case glbse.com being under US jurisdiction while facilitating illegal OP be subject to domain seizure at the very least?

I don't advocate it but your private business is your own.  We are the flagship community here so we do represent something here so we need to assume that people are monitoring the direction we are trying to take things.   Common sense is what we all need to use, not just personal gain but what gains for us all, its already going to be a hard road, lets not make it even harder.

.02
Dal

Despite the fact I personally find nothing wrong with weed financing an illegal grow op is a dumb idea especially in the US knowing how retarded the people with guns are there.

A version of glbse behind tor or on i2p for silk road related listings is another matter 

I would buy some of these

Definition of Statist:  The practice or doctrine of giving a centralized government control over economic planning and policy.

Can you tell me how the half-brain idiot is a statist when if anything I have given solid advice about PR and how it has been affecting Bitcoin.  I have advocated that we refrain from activites that would get vital parts of Bitcoin's emerging economy shut-down or regulated so hard it would have to go underground and then that would bar many type of funds that could really help the community.

If you want to talk about ideas that is another discussion, it would be much more personal liberty.   But to say we want a fully unregulated markets tells me you want a place where its easy to find a mark and rip them off (stick em up).  We already have regulation in Bitcoin through the proof of work system, block-chain and Web of Trust along with this community. 

People can do what they want, I just want to give a perspective and my recommendation on these activities.  This is all our community and it is up to what we make it, I want something truly revolutionary but I know that if it will ever get to that level, it will need majority support and if people endorse this type of activity then you are painting it into a certain corner where the powers that be will make it AS DIFFICULT as possible to do anything and many people will give up because the "games ceases to be worth the candle".

you sound like a statist who wants to push your ideals onto everyone else, even when you're in the minority. For most people, being affiliated with marijuana isn't a bad thing.

Sorry to inform you, any press is not good press.   Again, here we have an example of another person living in unregulated "fantasy-land".   I guess I am this "retard" and "idiot" that believes bitcoin DOES suffer from an image problem and thinks that this press would just yet again reinforce it. BUT THIS TIME IT WOULD BE COMING HOME, to our forums.

Then he follows up with this "dime" about how it would be good press for the exchange. - not even worth responding too

Lastly, we finally get the pay-off.   Another political statement in the "Pro" column for marijuana (if you must know, I do believe it has medical benefits).   Atleast your username is "cryptoanarchist", so your staying true to character.

P.S. I love this line the most  "If these people had half a brain, they would realize that bitcoin is designed to succeed in spite of negative propaganda anyway. In fact, there really isn't a such thing as "bad press" for bitcoin. Any press is good. "

Ask yourself, do I really sound like I have "half" a brain?

Dalkore

  

That kinda sucks, but it IS his exchange. Hopefully, we'll see some competition in exchanges soon (Hermes?).

I support this effort 100% and would hope that Nefario would too.

The whole reason for bitcoins is to have a completely unregulated free market - regulations be damned.

The retards who post that it will make bitcoin look bad aren't even worth responding to. These are the same idiots who think that the news is telling some truth apparently. If these people had half a brain, they would realize that bitcoin is designed to succeed in spite of negative propaganda anyway. In fact, there really isn't a such thing as "bad press" for bitcoin. Any press is good.

My bet is, that a msm story about a bitcoin marijuana company on the bitcoin stock exchange would draw a lot of interest to the GLBSE.

Besides, marijuana is good for you and a plant, part of nature,  that we all have the natural right to put in our own bodies. Anyone who says otherwise is an ignorant a$$hole and should F**k off.

+1

Funneling money internationally for a prohibited purpose.  Sounds like a great idea.   

He's probably right. Nef most likely won't advocate.

IMHO, investors would look down upon this, largely.

As an alternative exchange, https://bitcointalksearch.org/topic/m.930921

I sure hope not.