@ripter20@ryan_t_brown@ClayTravis You clearly do not understand rules of the game. Intent has everything to do with whether a foul can be a yellow or a red card. This is an egregious overstep of officiating that puts a hand on the scale of not only an 11 on 10 for almost 40 min but the next match w/o a top player
@satoshis_puggle@BZ_crypto1@BijuTelfam Not to mention if ie ~5B coins sit in a number of holders wallets then that's good for price right? Less total supply with increasing MNO demand and adoption equates to better upward price action and no one has their coins donated by the assoc for the "community".
@satoshis_puggle@BZ_crypto1@BijuTelfam Another example someone buys and holds and doesn't go on social media. They go off the grid for a year traveling or otherwise and then come back to their investment being stolen and resold by the "community" to fund someone's proposal. That's fundamentally wrong and unethical.
@BZ_crypto1@BijuTelfam@satoshis_puggle Read that after 12 months unclaimed "upgraded", a holder would forfeit 50% to the treasurey until the late window closes and then they would forfeit 100%. If you are saying there is additional remediation in place to make people whole outside windows then I can get behind that.
@BZ_crypto1@BijuTelfam@satoshis_puggle This asset class is unique and not stocks or bonds as we both know. Hence G and Clarity ongoing. As long as there is an opportunity for remediation for legacy coins and holders to be made whole outside of the 12 month window then I could get behind that.
@BZ_crypto1@BijuTelfam@satoshis_puggle I absolutely am not being dramatic. Do not insult me. I do not insult you. This is one of a handful of concerns that I already have for said example along with friends and family with coins stuck in arb on KuCoin.
@BZ_crypto1@BijuTelfam@satoshis_puggle This is not a 2 year migration window. If someone doesn't migrate after a year, you're condoning stealing half of their assets and giving it to the "treasury" for the "community" to vote on using to fund whatever new proposal pops up a year or two from now.
@BZ_crypto1@BijuTelfam@satoshis_puggle "not unique to this proposal: every dated exchange offer, bond conversion, or merger deadline in traditional finance works exactly this way, where missing the window converts an in-kind position into a forced rebuy at market price"
Where's my rebuy at market BZ if you deprecate?
@BZ_crypto1@BijuTelfam@satoshis_puggle "A fools errand" for stock comparison with regard to regulation? No bro. Youre a smart dude but don't insult the intelligence of people who have believed in and invested in and supported Telcoin for years. You don't get my dead friends coins that are in probate bc you give a year
@BZ_crypto1@BijuTelfam@satoshis_puggle My keys my coins right? I don't need a dissertation from chat or grok. This comment completely misses the point. You're a smart guy and an asset to the association but if you can't acknowledge the concerns that people have about asset ownership and artificial windows then idk
@BZ_crypto1@BijuTelfam@satoshis_puggle This is exactly why GENIUS and CLARITY are such a big deal. Regulatory compliance first. Come on man, you can't condone stealing people's assets. Full stop.
@BZ_crypto1@BijuTelfam@satoshis_puggle Dude. If I don't sell my stock within my Fidelity Brokerage account and there are Warrants or 2:1 issues and I don't proxy, I don't lose my stock or otherwise. There is legal framework in place that governs. Securities Act of 1933 and the Investment Advisers Act of 1940 to start.
@satoshis_puggle@22is2many Correct. Legal aspects concern me as well if things end up in court for a plethora of possible reasons. Not by my doing, but it takes resources to fight legal challenges. You can't just assume someone's assets are the "communities" because someone is offline/following for a year
@22is2many@satoshis_puggle At whose expense? My friend who recently passed away last month whose wallet will be in probate? So his coins go back to the "community" because he is unable to "upgrade"?
@22is2many@satoshis_puggle Correct, it is one for one so long as you upgrade in the primary window. If for some reason you dont follow like we do and someone buys and holds an asset and is living life and wakes up a year after window opens they will wake up to have 50% less of their initial investment. NC.