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Topic: [POT]PotCoin - Banking for the Legal Cannabis Industry ✦ ✦ ✦Grow With Us ✦ ✦ ✦ - page 47. (Read 920138 times)

donator
Activity: 1731
Merit: 1008
Hi, I’ve been asked to clarify where that last news could have originated.

About two weeks ago someone came in our business, Satoshi Counter, to talk about potcoin. I was interested in learning more, We looked at the potwallet/dispensary interface together and we created an account to test it out, he had written Bitcoin Embassy as the merchant name which I then changed to btcmbc, (possible source of confusion). I was asked if he could leave a sign in the store saying that we accept potcoin, I was clearly opposed to it for numerous reasons.  

Satoshi Counter has been making Shapeshift available to it's customer for many months. A few weeks prior to this visit we helped two peoples who had been gifted Potcoin at an event to shift their potcoin into fiat.

I'm usually not a big fan of using the term "fake news" but there was a whole lot of wrong and false assumption in this “news”.  As for defining the above as a partnership, I believe, is quite a stretch of the imagination. I also believe both parties in a "partnership" should be made aware of public announcement before-hand to avoid unfortunate confusion.

We go to great lengths to educate customers about the risk posed by the irreversibly of bitcoin transaction and warn them of any investment scheme funded through Bitcoins.
Despite what happened I am grateful to the people who took their time to talk to me about the potcoin. At this time I personally have not studied potcoin enough to have an opinions about it as a store of value.

Please correct / delete the any remaining mention of bitcoin embassy + potcoin where possible.

Thank You.

Ps: This is my personal option and not the Bitcoin Embassy's.
full member
Activity: 128
Merit: 100
Hi all,

I'm not typically one to 'shill' a project, but in light of some of the recent developments over here I wanted to provide a brief introduction to the Tokes Platform. We're also a digital currency project dedicated to the legal cannabis industry, but we are diversified into several other products and services. Namely, we are in the process of completing MSB (money services business) registration to serve as a fiat gateway/cash onramp for industry partners, tangible products (primarily oriented towards CBD initially), our digital token, and advocacy segments for both cannabis and crypto. We're finalizing our first agreements with dispensaries local to us and should have some real world transactability in the coming weeks.


Feel free to pop in to one of our communications channels with any questions:

Cheers,
kov

Thanks
newbie
Activity: 10
Merit: 0
I am Francis Pouliot, the Director of Public Affairs at the Bitcoin Embassy, and in that respect I am the ultimate responsible for partnerships and agreements.

I confirm: there is no, have never been, and will never be any partnership or agreement between the Bitcoin Embassy and Potcoin leaders (nor any other "altcoin" representatives).

Thus, it should be clear that news article circulating that there is an agreement with the Bitcoin Embassy is entirely false. This is the definition of fake news

They have agreed to remove that mention from their press release, a clear admission of guilt.

Because I am horrified by the idea that the Bitcoin Embassy would be associated to Potcoin because of their press releases and media pumping, I'll share some thoughts.

How could they possibly think they could get away with this? Here is some context:

1. The Bitcoin Embassy is a non-profit organization founded in 2013. It is hosted on the third floor of a building which hosts numerous Bitcoin projects.
2. On the first floor of the building which hosts the Bitcoin Embassy, there is a physical Bitcoin Exchange called Satoshi Counter. Some traders there (myself included) often suggest our clients to use shapeshift to transform altcoins to bitcoins, after which we can buy the bitcoins off of them. In that case, the clients are transaction with Shapeshift, and not with us directly. One of the foudners of the Bitcoin Embassy is also a founder of Satoshi Counter.
3. Potcoin representatives were told by a trader at Satoshi Counter how they could use shapeshift to exchange their Potcoins, like any other altcoin, for Bitcoin, after which they could buy/sell bitcoins at Satoshi Counter, like any client does.
4. The Bitcoin Embassy was never consulted in anyway by Potcoin. I was notified of this news by a Google alert. There is no agreement, either verbal or in writing. There is certainly no partnership, nor contract of any kind. Myself and transisto are the only two people involved in both organizations, but there are many more different people involved with Satoshi Counter and many other involved with the Bitcoin Embassy, and both organizations are effectively completely separate.
5. There is no agreement, partnership of any kind between Potcoin and Satoshi Counter either. It's not a question of semantics here. As people, none of use would EVER engage in any partnership with the leaders of Potcoin.

Let's be 100% clear: this was an extremely unethical and deceptive use the Bitcoin Embassy logo, name and reputation without our consent.

It could have passed off as an honest mistake, but not only did they not comply to my requests to have them take down reddit post and tweets, they actually started negotiating and asking me to remove tweets and reddit posts criticizing them.

If it wasn't clear enough, and with all respect to this community, I personally am offended by the very idea that the Bitcoin Embassy could be associated to Potcoin. A more cynical person than myself would call Potcoin an obvious ponzi scheme which has no other purpose than speculation, and which is specifically crafted to create a sense of community to attract what traders will call "bagholders" which allow earlier investors to cash out.

Why would anybody merchant accept Potcoin instead of Bitcoin? What is the value proposition? It's like litecoin, but it's has a more limited market potential? And it's not even like litecoin, because the development team is inactive.

Potcoin is basically a gift card that only lets buy at VERY LIMITED number of stores. Who in his right mind would trade a liquid currency for that, unless you do it right away before a purchase because there is a discount?

It's a vastly inferior clone that is dramatically less secure, liquid or useful. I can probably do a Potcoin clone equivalent in a few minutes. Even the copyright information of Potcoin shows that it is a clone of Bitocin and Litecoin, just worse.

The Bitcoin Embassy has almost never endorsed any product or service. We would NEVER endorse any cryptocurrency other than Bitcoin. Nobody in their right mind would endorse Potcoin, unless it was out of ignorance or naivety at best, and greed and in the pursuit of personal profit at worse.


Anybody caught promoting Potcoin on the Bitcoin Embassy premises will be immediately expelled with a permanent ban.

I have to admint I am biased, since I was very angry when we caught one of the Core members of the Potcoin team puting a sticker on one of our windows, which was a pain in the ass to take off. You know who you are, you had a baseball cap and were walking your dog and got caught by our cameras.

I continue to encourage cyrptocurrency innovation, but using deceptive marketing to enrich earlier investors is not innovation.




Hey Francis,

We are still waiting on Mathieu to post your official update from the Bitcoin Embassy as promised.

It is important for our community to know as well there was a misunderstanding and that Potcoin does NOT release any fake news.

Our team was at your location, and it seems like after the official release, there was a misunderstanding between the partners at Bitcoin Embassy.

We have edited our official release and ask that you do your part as well.

Thank You

Thanks for the update  on that. 
legendary
Activity: 1708
Merit: 1080
Hi all,

I'm not typically one to 'shill' a project, but in light of some of the recent developments over here I wanted to provide a brief introduction to the Tokes Platform. We're also a digital currency project dedicated to the legal cannabis industry, but we are diversified into several other products and services. Namely, we are in the process of completing MSB (money services business) registration to serve as a fiat gateway/cash onramp for industry partners, tangible products (primarily oriented towards CBD initially), our digital token, and advocacy segments for both cannabis and crypto. We're finalizing our first agreements with dispensaries local to us and should have some real world transactability in the coming weeks.


Feel free to pop in to one of our communications channels with any questions:

Cheers,
kov

Interesting. I dont necessarily agree with the post in this thread but interesting regardless haha
kov
hero member
Activity: 492
Merit: 500
Hi all,

I'm not typically one to 'shill' a project, but in light of some of the recent developments over here I wanted to provide a brief introduction to the Tokes Platform. We're also a digital currency project dedicated to the legal cannabis industry, but we are diversified into several other products and services. Namely, we are in the process of completing MSB (money services business) registration to serve as a fiat gateway/cash onramp for industry partners, tangible products (primarily oriented towards CBD initially), our digital token, and advocacy segments for both cannabis and crypto. We're finalizing our first agreements with dispensaries local to us and should have some real world transactability in the coming weeks.


Feel free to pop in to one of our communications channels with any questions:

Cheers,
kov
newbie
Activity: 47
Merit: 0
I am Francis Pouliot, the Director of Public Affairs at the Bitcoin Embassy, and in that respect I am the ultimate responsible for partnerships and agreements.

I confirm: there is no, have never been, and will never be any partnership or agreement between the Bitcoin Embassy and Potcoin leaders (nor any other "altcoin" representatives).

Thus, it should be clear that news article circulating that there is an agreement with the Bitcoin Embassy is entirely false. This is the definition of fake news

They have agreed to remove that mention from their press release, a clear admission of guilt.

Because I am horrified by the idea that the Bitcoin Embassy would be associated to Potcoin because of their press releases and media pumping, I'll share some thoughts.

How could they possibly think they could get away with this? Here is some context:

1. The Bitcoin Embassy is a non-profit organization founded in 2013. It is hosted on the third floor of a building which hosts numerous Bitcoin projects.
2. On the first floor of the building which hosts the Bitcoin Embassy, there is a physical Bitcoin Exchange called Satoshi Counter. Some traders there (myself included) often suggest our clients to use shapeshift to transform altcoins to bitcoins, after which we can buy the bitcoins off of them. In that case, the clients are transaction with Shapeshift, and not with us directly. One of the foudners of the Bitcoin Embassy is also a founder of Satoshi Counter.
3. Potcoin representatives were told by a trader at Satoshi Counter how they could use shapeshift to exchange their Potcoins, like any other altcoin, for Bitcoin, after which they could buy/sell bitcoins at Satoshi Counter, like any client does.
4. The Bitcoin Embassy was never consulted in anyway by Potcoin. I was notified of this news by a Google alert. There is no agreement, either verbal or in writing. There is certainly no partnership, nor contract of any kind. Myself and transisto are the only two people involved in both organizations, but there are many more different people involved with Satoshi Counter and many other involved with the Bitcoin Embassy, and both organizations are effectively completely separate.
5. There is no agreement, partnership of any kind between Potcoin and Satoshi Counter either. It's not a question of semantics here. As people, none of use would EVER engage in any partnership with the leaders of Potcoin.

Let's be 100% clear: this was an extremely unethical and deceptive use the Bitcoin Embassy logo, name and reputation without our consent.

It could have passed off as an honest mistake, but not only did they not comply to my requests to have them take down reddit post and tweets, they actually started negotiating and asking me to remove tweets and reddit posts criticizing them.

If it wasn't clear enough, and with all respect to this community, I personally am offended by the very idea that the Bitcoin Embassy could be associated to Potcoin. A more cynical person than myself would call Potcoin an obvious ponzi scheme which has no other purpose than speculation, and which is specifically crafted to create a sense of community to attract what traders will call "bagholders" which allow earlier investors to cash out.

Why would anybody merchant accept Potcoin instead of Bitcoin? What is the value proposition? It's like litecoin, but it's has a more limited market potential? And it's not even like litecoin, because the development team is inactive.

Potcoin is basically a gift card that only lets buy at VERY LIMITED number of stores. Who in his right mind would trade a liquid currency for that, unless you do it right away before a purchase because there is a discount?

It's a vastly inferior clone that is dramatically less secure, liquid or useful. I can probably do a Potcoin clone equivalent in a few minutes. Even the copyright information of Potcoin shows that it is a clone of Bitocin and Litecoin, just worse.

The Bitcoin Embassy has almost never endorsed any product or service. We would NEVER endorse any cryptocurrency other than Bitcoin. Nobody in their right mind would endorse Potcoin, unless it was out of ignorance or naivety at best, and greed and in the pursuit of personal profit at worse.


Anybody caught promoting Potcoin on the Bitcoin Embassy premises will be immediately expelled with a permanent ban.

I have to admint I am biased, since I was very angry when we caught one of the Core members of the Potcoin team puting a sticker on one of our windows, which was a pain in the ass to take off. You know who you are, you had a baseball cap and were walking your dog and got caught by our cameras.

I continue to encourage cyrptocurrency innovation, but using deceptive marketing to enrich earlier investors is not innovation.




Hey Francis,

We are still waiting on Mathieu to post your official update from the Bitcoin Embassy as promised.

It is important for our community to know as well there was a misunderstanding and that Potcoin does NOT release any fake news.

Our team was at your location, and it seems like after the official release, there was a misunderstanding between the partners at Bitcoin Embassy.

We have edited our official release and ask that you do your part as well.

Thank You
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Dumping my POT and buying FLO.
Flow going to be huge coming days . definitely go 10K.
POT will take year .. I will come back at same price POT.


And the reason behind this prediction is ... ? You were talking about FLO, right? The one which currently at 1,300 sat, it seems quite far for 10k. I know, there's nothing impossible in crypto, hence I asked what is the reason behind your prediction. A new feature? New important development news?
Yes mate any concrete information regarding to this? You are advertisig another project here better to give us more knowledge about that coin that you are sharing aside from FLO already moving up and its nice to see some comments like this aside from POT information.
full member
Activity: 294
Merit: 101
DOPECOIN already has dispensaries using them.

POT is just a pump and dump coin on Poloniex.

that's the only reason they increased in price.

bunch of lying scamming cunts.
sr. member
Activity: 354
Merit: 250
Hey guys, I'm looking for the CTO/CEO or whoever is making the decisions for Pot Coin. Is that Shawn Peretz? Does anyone have any contact info for that person? They seem very mysterious about where they are located and who their dev team are. Thanks for your help.

Hi Cypress

Please send me a PM so that we can discuss further.


A newbie is the dev?
newbie
Activity: 2
Merit: 0
Hey guys, I'm looking for the CTO/CEO or whoever is making the decisions for Pot Coin. Is that Shawn Peretz? Does anyone have any contact info for that person? They seem very mysterious about where they are located and who their dev team are. Thanks for your help.

Hi Cypress

Please send me a PM so that we can discuss further.

legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Dumping my POT and buying FLO.
Flow going to be huge coming days . definitely go 10K.
POT will take year .. I will come back at same price POT.


And the reason behind this prediction is ... ? You were talking about FLO, right? The one which currently at 1,300 sat, it seems quite far for 10k. I know, there's nothing impossible in crypto, hence I asked what is the reason behind your prediction. A new feature? New important development news?
legendary
Activity: 1708
Merit: 1080
Id say it looks like POT is staging for another brief bump up. thats just imo though
newbie
Activity: 4
Merit: 0
Hey guys, I'm looking for the CTO/CEO or whoever is making the decisions for Pot Coin. Is that Shawn Peretz? Does anyone have any contact info for that person? They seem very mysterious about where they are located and who their dev team are. Thanks for your help.

Why do you want to find them?


Investment. Getting anyone to respond is very difficult so looking for any advice on getting through to him.
sr. member
Activity: 498
Merit: 250
Dumping my POT and buying FLO.
Flow going to be huge coming days . definitely go 10K.
POT will take year .. I will come back at same price POT.
sr. member
Activity: 294
Merit: 250
Hey guys, I'm looking for the CTO/CEO or whoever is making the decisions for Pot Coin. Is that Shawn Peretz? Does anyone have any contact info for that person? They seem very mysterious about where they are located and who their dev team are. Thanks for your help.

Why do you want to find them?
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Why POT coin moving so much up and down?? It is pumping dumping coin. You never hold long this coin .. So sell and buy this is the strory of POT.

Didn't exactly watch POT movement for the last few days so I can't be sure how much and fast the ups and down they had, but the market themselves is quite crazy these days, so I don't think it can be used to determine or to assume that POT is pump and dump coin as there are lots of other coins that also move very fast for the last couple of days. STR for example, they went up, crashing polo, then went down alongside a lot of traders money with it.
jr. member
Activity: 80
Merit: 1
Hey guys, I'm looking for the CTO/CEO or whoever is making the decisions for Pot Coin. Is that Shawn Peretz? Does anyone have any contact info for that person? They seem very mysterious about where they are located and who their dev team are. Thanks for your help.

CYPRESS HILL WANTS TO INVEST IN POTCOIN

You heard it here first Wink
newbie
Activity: 4
Merit: 0
Hey guys, I'm looking for the CTO/CEO or whoever is making the decisions for Pot Coin. Is that Shawn Peretz? Does anyone have any contact info for that person? They seem very mysterious about where they are located and who their dev team are. Thanks for your help.
sr. member
Activity: 498
Merit: 250
Quote
Why would anybody merchant accept Potcoin instead of Bitcoin? What is the value proposition? It's like litecoin, but it's has a more limited market potential? And it's not even like litecoin, because the development team is inactive.

i agree with that, potcoin has nothing just the name

it s why i support the xci project , because it s has something more, the transaction are anonymous

if potcoin wanna succeed they need to do something too because you are aright why use potcoins if you can use bitcoin
POT coin have a  good PR, same as BELA, PINK etc

Why POT coin moving so much up and down?? It is pumping dumping coin. You never hold long this coin .. So sell and buy this is the strory of POT.
hero member
Activity: 630
Merit: 503
Quote
Why would anybody merchant accept Potcoin instead of Bitcoin? What is the value proposition? It's like litecoin, but it's has a more limited market potential? And it's not even like litecoin, because the development team is inactive.

i agree with that, potcoin has nothing just the name

it s why i support the xci project , because it s has something more, the transaction are anonymous

if potcoin wanna succeed they need to do something too because you are aright why use potcoins if you can use bitcoin
POT coin have a  good PR, same as BELA, PINK etc
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