protocols or other features for private transfers of funds. I'm more interested in how your company plans to protect itself from the FBI or SEC? After all, everyone who tried to enter the crypto market with an office project was subsequently “raped”)
(perhaps even some of them are literally in prison in Guantanama).
XMR, DASH, ZEC, Tornado and others (I’m tired of listing them)... all of them either changed direction or were given access.
Is there any point in doing something like this if the greedy hand of “Benjamin Franklin” reaches out to every cunning a$$?
What company? There is no company 😏
We don't have to worry about the fbi. They are busy killing little kids at schools and shit.
There is no company. We are a decentralized project of volunteers. No one has control over the pirate blockchain. Tornado has some centralized aspects like the fact that the developer received fees for the service. Dash and ZCash had ICO's and foundations that could be subject to securities laws. I don't know what you mean with XMR though. They have never changed direction or compromised privacy, and they had no ICO or foundation. Pirate was fair launched like bitcoin. No ICO, No pre mine, no dev tax, no foundation. The SEC has already said BTC is not a security, which means pirate should fall under that as well since we were launched the same way. There is nothing illegal about Pirates blockchain, including its privacy features. The only way we'd have issues is if private blockchain tx's were made illegal. Pirate allows users to be as compliant as they choose to be with viewing keys. If law enforcement has a warrent for your wallet history, you can choose to share your viewing key with them. Just like you can show them receipts for cash tx's if they have a warrent. There is nothing about private tx's that is illegal, just like there is nothing illegal about keeping cash in your safe at home away from prying eyes. We are doing nothing illegal. We are in a better position legally than 99% of projects simply because we have no centralized entity controlling anything, and we had a fair launch. It all comes down to the fact that we are actually a decentralized project, while 99% of them are not. The SEC would have a hard time charging contributors with securities violations when we don't even have a bank account.
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