Conversation

So I can understand why

is looking to collect all your personal information to share w/ Government (It’s what centralized companies do when they process your $ or #Bitcoin) But was is necessary for

@ErikVoorhees

to also become an #ICO scammer w/ useless $FOX token?

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Jesse Powell

@jespow

Sep 5, 2018

What makes the loyalty rewards token a scam?

Tone Vays

@ToneVays

Sep 5, 2018

Very Good Question. The FACT that it's a "Mandatory" KYC registration removes all utility of $FOX token being an anonymous censorship resistant membership in need of free market price discovery. And all you have left is an uncompliant security scam.

Jesse Powell

@jespow

Sep 5, 2018

I understand the resistance to KYC but that’s a separate issue. Did FOX claim to be anything more than frequent flyer miles? I don’t think they set any expectations that they would be competing with XMR.

Tone Vays

@ToneVays

Sep 5, 2018

Please show me a loyalty program that needs to fluctuate in price by unregulated trading. The idea is ridiculous.

Jesse Powell

@jespow

Sep 5, 2018

What’s the harm in fluctuating value and free trade of loyalty points? The market will decide the value of the utility or lack thereof. And what’s wrong with unregulated (free) trading?

LunaTattooed

@marianr2d2

Sep 5, 2018

Everything is wrong with unregulated trading. It brings out the worst in human values and it gives more influence for the powerful few. Thise powerful few will not play by any ethical rule, because there is none on a unregulated trading env.

Replying to

I once bought some unregulated fruit from an unregulated farmer. Felt pretty good at the time but now I’m wondering which one of us got screwed on that $1 pineapple deal.

6:40 AM · Sep 5, 2018Twitter for iPhone

Replying to

Not the same, talk to me when you start buying unregulated futures contracts on set fruit for speculation vs eating set fruit.