Right now it is all we've got.
At least until bitcoin businesses and bitcoin investor learn to:
1. Make better decisions
2. Take responsibility for those decisions.
You're absolutely right. However, the decision to invest in these products was not mine (from that standpoint). I created niche products organized by risk, so that investors could take the risk they were going to take anyways more cheaply than before. I had low risk and high risk products. In fact one contract read akin to "Investments will be chosen solely based on return, without regard for risk".
This wasn't like Goldman Sachs where I told people that the issues were pure gold and they were really dogshit. I told people over and over and over not to invest entirely in high risk products. I told people to invest in a balanced mix. I told people at quite a few points that NYAN itself had reduced it's exposure from NYAN.C for example. If anything, I had advised people not to buy security X. There was absolutely no financial motive for me to sell crap. I would have made the same money if they bought .A, .B or .C.
In fact, I would have made more money selling low risk products because they were better long term investments and it would have given the companies a better rep. So there was no motive for me to defraud people, and there was demonstrably no decision on my part to do so. All I was doing was allowing people to buy and sell what they would have done anyways. For example Mining, with BMF. There was a large demand for a pure mining market average. In short I saw a market and I took it. It wasn't even a shady or immoral market (mining for example). That's just how it was back then.
If you actually look around at all the people and businesses that were doing things similar to what I was doing...
1. I am in the 5% remaining who is still here and hasn't ran for the hills after getting a scammer tag.
2. I actually did a good job at what I was doing, lots of good feedback from actual customers. All of my companies made sense, and still do. There's still actually a market for stuff like what I was doing. The problem is that GLBSE shut down.
3. I am in the 1% who is still trying to run a business and make the bitcoin community a better place.
None of this means I was a scamer. In fact it points out quite clearly that I am not.
Another interesting point to make is regarding the recent, ahem, "doxing" if you will. So now, people have discovered that I have been using the same handle on the intravebs for the better part of 20 years.
As a result of this, I am an anonymous lying scammer.WatDoesn't the fact that I have been around and am well-respected in various communities, and have used the same name this whole time pretty much mean the exact opposite? I won the Canadian Go Championship in 2000 (or was that 2001, long time ago). I created the ASR. I wrote several books to help people. All of which have received praise. WRT martial arts I was invited to join several private MA forums like M.S's Neijia forum. The fact that rec.martial-arts was full of trolls and people are using that against me is a friggen joke. A song was written about me? LOL no shit, songs were written about EVERYONE. Even I wrote friggen songs about people. Hot shit the trolls here are STUPID. By pointing out who I am, they actually invalidated the very possibility of me being a troll. After that, you will notice the tide viciously turned against people like EskimoBob and deprived. Thank god too, I was getting sick of those trolls.
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