UTRUST - page 453. | Bitcointalksearch.org

benalexis12

full member

Activity: 896

Merit: 117

PredX - AI-Powered Prediction Market

Quote from: mmhaimhai on October 10, 2017, 09:38:22 AM

Quote from: Kakumei on October 10, 2017, 09:09:32 AM

Quote from: Jay2408 on October 10, 2017, 09:05:05 AM

Quote from: sportsman18 on October 10, 2017, 08:32:22 AM

Yes, they will ask for KYC and AML.

Is this just a guess or do you know it from some source? I haven't seen it stated anywhere. Or do you mean KYC/AML for ICO contributors?

We recently made the KYC/AML announcement:
https://medium.com/@UTRUST/great-news-91ed17ba0322

Cheers

Nice one devs. This would be an asset for the project to attract more investor for they will feel safer.

Yes, its a good move for our Utrust team we are now feel safer.. hope it will applies to all upcoming ICO. this is a good start for everyone it will attract more investors and ICO will be centralize.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Kakumei on October 10, 2017, 04:08:58 AM

Dear community,

I am back at full capacity and am once again ready to take all of your questions.

At least once a day I will also be around to check the past few pages and see if I can clarify anything.

What a week it has been! Over 170 pages, this is just insane.

Thank you so very much for your support everybody!

Glad to see someone from the dev team? You are one of the devs or just the community manager?
It will be a hard work if I see at all those pages. There are a lot of questions already answered by the community but some keep coming back.

You can also do a Q&A session on Youtube, maybe much easier and nice for us to see some faces behind this project.
Thanks in advance for answering all these questions.

mmhaimhai

sr. member

Activity: 532

Merit: 257

A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE

Quote from: Kakumei on October 10, 2017, 09:09:32 AM

Quote from: Jay2408 on October 10, 2017, 09:05:05 AM

Quote from: sportsman18 on October 10, 2017, 08:32:22 AM

Yes, they will ask for KYC and AML.

Is this just a guess or do you know it from some source? I haven't seen it stated anywhere. Or do you mean KYC/AML for ICO contributors?

We recently made the KYC/AML announcement:
https://medium.com/@UTRUST/great-news-91ed17ba0322

Cheers

Nice one devs. This would be an asset for the project to attract more investor for they will feel safer.

s31joemhar

sr. member

Activity: 602

Merit: 258

Quote from: Elkmar on October 07, 2017, 07:33:33 AM

Great to learn that the ICO will stat on the 2nd of November

After the utrust announced the exact date of ICO for sure the people will be more motivated to invest

benalexis12

full member

Activity: 896

Merit: 117

PredX - AI-Powered Prediction Market

Quote from: sportsman18 on October 10, 2017, 08:32:22 AM

Quote from: levyashin on October 10, 2017, 06:40:39 AM

Quote from: jonnytracker on October 10, 2017, 05:53:37 AM

Quote from: sockpuppet1911 on October 10, 2017, 04:09:13 AM

Quote from: Mystic90 on October 10, 2017, 03:22:08 AM

Quote from: pynetx on October 10, 2017, 03:04:09 AM

Quote from: the_donald on October 10, 2017, 12:46:24 AM

Quote from: pynetx on October 09, 2017, 11:23:22 PM

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

so they will start asking for KYC and legal documents ?

I am not sure about that.

If you think about paypal they don't ask for documents, as long as you don't want to withdraw your money. If you want to withdraw it, they ask for it.

I never think they are asking for some legal purposes, they just want to make withdraw harder. If they need it for legal purposes they should have ask for depositing also.

Yes, they will ask for KYC and AML.

The government right now is very strict on ICO they want to legalize it. that's why the Utrust team will comply all the requirements needed to past the ICO bill. all ICO now is centralize and hoping for the next few years it will be decentralize

Mystic90

full member

Activity: 154

Merit: 100

Quote from: viljy on October 10, 2017, 08:48:32 AM

Quote from: levyashin on October 10, 2017, 06:40:39 AM

Quote from: jonnytracker on October 10, 2017, 05:53:37 AM

Quote from: sockpuppet1911 on October 10, 2017, 04:09:13 AM

Quote from: Mystic90 on October 10, 2017, 03:22:08 AM

Quote from: pynetx on October 10, 2017, 03:04:09 AM

Quote from: the_donald on October 10, 2017, 12:46:24 AM

Quote from: pynetx on October 09, 2017, 11:23:22 PM

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

so they will start asking for KYC and legal documents ?

I am not sure about that.

If you think about paypal they don't ask for documents, as long as you don't want to withdraw your money. If you want to withdraw it, they ask for it.

I never think they are asking for some legal purposes, they just want to make withdraw harder. If they need it for legal purposes they should have ask for depositing also.

I completely agree. Traditional payment systems behave like banks. If they need, they will prevent the delivery of money to the client. Require documents, time. And banks in general, they bankrupt themselves, steal depositors' money, and then they demand that large investors participate in the bank's sanation with their deposits. Investors take on the responsibilities of shareholders against their will. Quite different is the crypto currency. Here no one can demand documents, or arrest an account. Therefore, UTRUST wins from traditional systems in the future, since it is practically based on the crypto currency.

That is why i originally asked my question. It seems to me that it would be easier / (better) if Utrust would just focus on crypto instead on also trying to add fiat to their platform. However, i dont have money to hire a law team to take care of all those issues, and with enough investors Utrust might have the budget for it

Kakumei

full member

Activity: 210

Merit: 100

UTRUST Community Manager

Quote from: Jay2408 on October 10, 2017, 09:05:05 AM

Quote from: sportsman18 on October 10, 2017, 08:32:22 AM

Yes, they will ask for KYC and AML.

Is this just a guess or do you know it from some source? I haven't seen it stated anywhere. Or do you mean KYC/AML for ICO contributors?

We recently made the KYC/AML announcement:
https://medium.com/@UTRUST/great-news-91ed17ba0322

Cheers

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: sportsman18 on October 10, 2017, 08:32:22 AM

Quote from: levyashin on October 10, 2017, 06:40:39 AM

Quote from: jonnytracker on October 10, 2017, 05:53:37 AM

Quote from: sockpuppet1911 on October 10, 2017, 04:09:13 AM

Quote from: Mystic90 on October 10, 2017, 03:22:08 AM

Quote from: pynetx on October 10, 2017, 03:04:09 AM

Quote from: the_donald on October 10, 2017, 12:46:24 AM

Quote from: pynetx on October 09, 2017, 11:23:22 PM

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

so they will start asking for KYC and legal documents ?

I am not sure about that.

If you think about paypal they don't ask for documents, as long as you don't want to withdraw your money. If you want to withdraw it, they ask for it.

I never think they are asking for some legal purposes, they just want to make withdraw harder. If they need it for legal purposes they should have ask for depositing also.

Yes, they will ask for KYC and AML.

Is this just a guess or do you know it from some source? I haven't seen it stated anywhere. Or do you mean KYC/AML for ICO contributors?

viljy

hero member

Activity: 1736

Merit: 857

Quote from: levyashin on October 10, 2017, 06:40:39 AM

Quote from: jonnytracker on October 10, 2017, 05:53:37 AM

Quote from: sockpuppet1911 on October 10, 2017, 04:09:13 AM

Quote from: Mystic90 on October 10, 2017, 03:22:08 AM

Quote from: pynetx on October 10, 2017, 03:04:09 AM

Quote from: the_donald on October 10, 2017, 12:46:24 AM

Quote from: pynetx on October 09, 2017, 11:23:22 PM

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

so they will start asking for KYC and legal documents ?

I am not sure about that.

If you think about paypal they don't ask for documents, as long as you don't want to withdraw your money. If you want to withdraw it, they ask for it.

I never think they are asking for some legal purposes, they just want to make withdraw harder. If they need it for legal purposes they should have ask for depositing also.

I completely agree. Traditional payment systems behave like banks. If they need, they will prevent the delivery of money to the client. Require documents, time. And banks in general, they bankrupt themselves, steal depositors' money, and then they demand that large investors participate in the bank's sanation with their deposits. Investors take on the responsibilities of shareholders against their will. Quite different is the crypto currency. Here no one can demand documents, or arrest an account. Therefore, UTRUST wins from traditional systems in the future, since it is practically based on the crypto currency.

xamil

member

Activity: 354

Merit: 11

Quote from: Ombc on October 10, 2017, 07:13:34 AM

Its Nice to see that the fees are quite low compared to other payment systems.
Also i like the idea of sending payments immediately and with Multiple Crypto Currencies

I have already bought in pre ico and follow this project for some time
Lets hope this is the future Wink

UTRUST have more good qualities than other, buyers has a protection mechanism and that is the one thing that all buyers first review. so many people are waiting in the ICO for them to invest more. Seller are happy to know that utrust fees are lower than others.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: mabell943 on October 10, 2017, 06:07:06 AM

Quote from: Sozialtourist on October 10, 2017, 04:56:37 AM

Quote from: matjas on October 10, 2017, 04:50:00 AM

Quote from: sockpuppet1911 on October 10, 2017, 04:09:13 AM

Quote from: Mystic90 on October 10, 2017, 03:22:08 AM

Quote from: pynetx on October 10, 2017, 03:04:09 AM

Quote from: the_donald on October 10, 2017, 12:46:24 AM

Quote from: pynetx on October 09, 2017, 11:23:22 PM

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

It makes no sense to add fiat. The cryptocurrency world has an anonymity as a main feature and many other perks and with fiat added it's just not possible.

Why should they add a fiat payment option in the first place? There are enough, well established alternatives for paying fiat with fiat already.

Hey guys,by the way what is Fiat?is it a money on hand?or cash on hand?

Fiat-money is any goverment regulated money

Triple7Fox

full member

Activity: 123

Merit: 100

Quote from: the_donald on October 10, 2017, 08:24:52 AM

Quote from: xamil on October 10, 2017, 08:11:33 AM

Quote from: batako on October 07, 2017, 04:04:19 AM

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

It is less than a month, so we just need to be patience and think that we are waiting of the big event that change the other side of our life. just always bear in mind that this project is for the sake of ours. so no reason to get tired of waiting the end of this project.

there still time to promote the project to make it bigger and draw more investors to it. that will translate to a higher value token.

We need to be patient because good projects always need investors and have the potential to grow. I think Utrust is a promising project in the future because this could be the future of cryptocurrency

sportsman18

member

Activity: 76

Merit: 11

Quote from: levyashin on October 10, 2017, 06:40:39 AM

Quote from: jonnytracker on October 10, 2017, 05:53:37 AM

Quote from: sockpuppet1911 on October 10, 2017, 04:09:13 AM

Quote from: Mystic90 on October 10, 2017, 03:22:08 AM

Quote from: pynetx on October 10, 2017, 03:04:09 AM

Quote from: the_donald on October 10, 2017, 12:46:24 AM

Quote from: pynetx on October 09, 2017, 11:23:22 PM

I know support for all cryptocurrencies is a tedious task to do. So, it would be nice if utrust integrate some kind of conversion mechanism from all cryptos to the supported ones or they can use the services like shapeshift or changelly.

I think that goes without saying, if you're planning to have payments in crypto and fiat.

Perhaps that goes without saying but, they did not say anything about it and it's a major thing to know about.

I am wonderig, if they add Fiat will they have to comply to governments and their money laundering laws? And other laws about handling money.I think most countries still list crypto as an asset and not a currency

Naturally they have to. Fiat-money is "real" money, so they have to comply any government money related laws after that.

so they will start asking for KYC and legal documents ?

I am not sure about that.

If you think about paypal they don't ask for documents, as long as you don't want to withdraw your money. If you want to withdraw it, they ask for it.

I never think they are asking for some legal purposes, they just want to make withdraw harder. If they need it for legal purposes they should have ask for depositing also.

Yes, they will ask for KYC and AML.

the_donald

full member

Activity: 588

Merit: 100

Quote from: xamil on October 10, 2017, 08:11:33 AM

Quote from: batako on October 07, 2017, 04:04:19 AM

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

It is less than a month, so we just need to be patience and think that we are waiting of the big event that change the other side of our life. just always bear in mind that this project is for the sake of ours. so no reason to get tired of waiting the end of this project.

there still time to promote the project to make it bigger and draw more investors to it. that will translate to a higher value token.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: Partizant on October 10, 2017, 08:15:58 AM

Quote from: magisterr on October 10, 2017, 08:01:48 AM

Partizant

mate, you must ask this in bounty thread in bounty manager, This is ANN thread. ANd we dont know

magisterr

mate, this special campaign was announce in ANN thread (page 147), so I asking here.

But anyway, better ask in bounty manager such thing. Or in ther slack chanel...
You will receive answer more quickly

Partizant

sr. member

Activity: 518

Merit: 257

Quote from: magisterr on October 10, 2017, 08:01:48 AM

Partizant

mate, you must ask this in bounty thread in bounty manager, This is ANN thread. ANd we dont know

magisterr

mate, this special campaign was announce in ANN thread (page 147), so I asking here.

jonnytracker

sr. member

Activity: 672

Merit: 261

looks like UTrust is everywhere, yahoo too. The ICO could be big..

xamil

member

Activity: 354

Merit: 11

Quote from: batako on October 07, 2017, 04:04:19 AM

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

It is less than a month, so we just need to be patience and think that we are waiting of the big event that change the other side of our life. just always bear in mind that this project is for the sake of ours. so no reason to get tired of waiting the end of this project.

xbl1008

full member

Activity: 322

Merit: 103

Quote from: ParRus on October 10, 2017, 07:46:45 AM

Quote from: Ombc on October 10, 2017, 07:13:34 AM

Its Nice to see that the fees are quite low compared to other payment systems.
Also i like the idea of sending payments immediately and with Multiple Crypto Currencies

I have already bought in pre ico and follow this project for some time
Lets hope this is the future Wink

ou were lucky, I did not have time to buy in pre sale.. but I will be ready on November 2
I can not miss the opportunity to buy at the good price UTRUST tokens - future of online payments

Im also encouraging my friends to ready their bitcoins on november 2 so they can invest in it early don't miss the opportunity to have such a great coin

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Islapdonkey on October 10, 2017, 07:46:30 AM

Quote from: batako on October 10, 2017, 07:06:50 AM

Quote from: Xenrise on October 10, 2017, 06:49:25 AM

Quote from: batako on October 07, 2017, 04:04:19 AM

There are still plenty of time before ICO and anything can happen during that time. Hopefully people do not get tired of having to wait in that time period.

If people sees that the project is good and has the highest possibility in pumping then they will learn to wait on this project. And I will not wonder if their coin will be sold out.

Many people are impatient when they have to wait a long time. Their minds could be swayed during the waiting period. But for some others, this gives enough time to make judgments while raising money to invest.

you should always have as much time as possible to decide on an investment. This are hard earned money here, not play money we talking about.

Exactly. So this seemingly long time till the 2nd of November can also be a chance. You have enough time to inform yourself about the project on different sources and in this way can make a well thought decision whether to invest or not.

Topic: UTRUST - page 453. (Read 314264 times)