- 18 July 2019 (210 messages)
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On page 2, towards the bottom, points 2 and 3 may exclude
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ah, haha
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information that actually concerns what we are doing https://www.irs.gov/irm/part7
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yep I am sure you would have us operating as a defacto organizaation lol
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hahahahahahahahahahahah slavery man smh lol
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In law and government, de facto describes practices that exist in reality, even if not officially recognized by laws. It is commonly used to refer to what happens in practice, in contrast with de jure, which refers to things that happen according to law. - Wikipedia
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Hi RPN! Good to see you.
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All this legal talk is silly. Some sound very defensive. Honesty and integrity are the most important things, especially when dealing with governments. I believe we will be able to find the appropriate structure that benefits the protocol and counterparty advocates.
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I can confirm that there is no downside to becoming a 501(c) nonprofit. Foldingcoin has had this status for years and we never have had any problems with "the State" because of it. We did do our due diligence and have enjoyed this status with all its benefits ever since. @benchbtc you are welcome to contact us if you would like to save some time cause we already went through all this before and can share experience.
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the link to our discord is on foldingcoin.net
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Folding Coin is not structure the same as XCP does bitcoin have 501 C3 status just that simple to understand lol
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Dont belive me find out the hard way... Its not a matter of dealing with the state .... It means you own by the state defacto vs dejure
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I’m more familiar with honey mustard vs Dijon
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Not when bitcoin is still under legal development lol
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Jesus will look after xcp
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While you jokester and I am not religous but you actually right lol
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Tax exemption does not excuse an organization from maintaining proper records and filing any required annual or special-purpose tax returns, e.g., 26 U.S.C. § 6033 and 26 U.S.C. § 6050L. Prior to 2008, an annual return was not generally required from an exempt organization accruing less than $25,000 in gross income yearly.[32] Since 2008, most organizations whose annual gross receipts are less than $50,000 must file an annual information return known as Form 990-N.[33][f] Form 990-N must be submitted electronically using an authorized IRS e-file provider. Form 990, Form 990-EZ, and Form 990-PF may be filed either by mail or electronically through an authorized e-file provider.
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I know asset protection like the back of my hand lol I watch people make the same mistakes all day lol come back years later say aye lol
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Certain organizations are exempt from filing Form 990, such as churches, their integrated auxiliaries, and conventions or associations of churches; the exclusively religious activities of any religious order; and religious organizations; and most organizations whose annual gross receipts are less than $5,000.[36] Failure to file such timely returns and to make other specific information available to the public also is prohibited.[37][38]
Between 2010 and 2017 the IRS revoked the nonprofit status of more than 760,000 nonprofit organizations for failing file the 990 form.[39] -
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in what way is a project based on another Counterparty asset different? I think it's time to give you the obligatory first warning - if you continue insisting on speading FUD please note that a time out for you is imminent. I think you know the rules by now. I have watched this go on long enough for one day.
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@benchbtc this is why didn't want to share information
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You got people who think they are correct even after case law proven what I said
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You can have a defacto organization I am sorry but you can't answer the question
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is Bitcoin a 501 c3?
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answer the qeustion
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I think Jdog disagrees
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exactly
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so why you guys just removing people for freedom of speech
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FUD information?
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You can't answer my questions but say its FUD?
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Case law told you clearly
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501 C3 is illegal defacto organization
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prove it wrong
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there is a trust law
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and more then 501 c 3
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so please stop making the excuses for being bullies
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I did that with the data ... the hateration is loud as jdog said already period
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You already proved you don't know probate
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🇺🇸🇺🇸🇺🇸 help him Xcer
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So where the rule when Admin add FUD and can't prove it
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Our friend here Larry has been put into a time out because of making baseless accusations against other community members and spreading FUD. He has been warned to stop and decided to ignore those warnings. One would think that the experience of our last muted friend would have been enough for someone to know how to avoid a situation like this. Good night everyone.
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I clearly understand that Larry might not wanted to publicly post any links/further info. However, I believe that if he really wanted to help here, he could easily had send a PM to @benchbtc with all the related facts/links... whatever. Just playing the mouse game here, do speculations and spreading FUD does not really help the foundation. Just my 2 satoshi's (I missed all the live drama action due to timezone differences 😞)
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What I mean is that when someone is asking a question, you do not reply by just saying : just Google it. You either help, or keep silent
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Thanks
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♥️♥️♥️ talking sense.
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💪💪💪
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Markets instability bringing a lot of great loss to most people
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💪🏻💪🏻 but I wasn’t mean or baseless - but thank you for calling me a friend
J hook me up with linking posting please sir! -
These people are scammers he proved it
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nice sockpuppet, can you lay out the proof of how "becoming a 501c(3) is like giving your organization away to the state"
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Do you know what dejure organization mean?
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None of that matters anyway
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What FUD? This is case and facts of law dejure vs defacto
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He gave you case information did you read it
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Did you read the 501 c7 amd ther vehicle he mentioned?
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But you harrassed him for giving clarity?
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#ARTICLE II - PURPOSES
##Section 2.1
The Corporation is an association of persons having a common business interest, the purpose of which is to promote that common business interest and to engage in any lawful activity permitted under section 501(c)(6) of the Internal Revenue Code, or the corresponding section of any future federal tax code. More specifically, the purposes of the Corporation include, but are not limited to, promotion, protection, and standardization of distributed-digital currency and transactions systems including the Counterparty system as well as similar and related technologies. -
CounterpartyXCP/Documentation
Official Documentation of the Counterparty Project - CounterpartyXCP/Documentation
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The Bylaws cite 501(c)(6)
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it's not clear if said new foundation is actually under the bylaws of the old one but yea, all the 501(c)'s should be investigate for the best fit
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Exactly there is many tax vehichles especially if we like bitcoin... We cant be a 501 c3... I want to know how is bitcoin taxed?
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Why is it even a discussion at all? The foundation will decide what type organizaton they want to be, if any. Maybe they want to go after NSF funding, or maybe not, who knows. But it's not really a public debate and the CP online forum is open for posting information and opinions that everyone can see and comment on.
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x
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Did you see the non profit vs not for profit information he shared?
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These attacks need to be address to I feel... He was harrassed for sharing his thoughts on this
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It's not my place to tell the foundation what to do. I can offer advice (I don't have any unfortunately) but that's it. I would do that in the online forum though, it's more appropriate.
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True. I see this how it started. He got banned he said for trying to give correct information before. Now this is flatout harrasment it seems
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He explained dejure and defacto is I know the difference its in the court file he sent and he left a wiki definition for it in this chats I think
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I am not even trying to have this conversation with you ... You dont want to check the facts in your face and keep arguing ... I agree... You harrassing him and not about to harrass me either
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Nice where do I sign up for free daily anal inspections?
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Yeah this not right people get to harrass others and other 501 cs where offered along with specifics to research into the information. Trust protection for the community. Someone else googles and got thanks for it for mentioning other 501cs? Is this how we want to represent ourself?
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show evidence that he was ever "Banned" before? Taking someone's claims as fact is not a good way to go. Also, please read our code of conduct to find reference to grounds of muting this user. There are proceedures he can follow to get reinstated, and these do not involve sending another person here to advocate for him or start making more accusations against our foundation director about supposedly having "hassled" the muted user. Asking him to produce evidence is not hassling and the muted user is the one who insisted on starting and endlessly continuing these FUD statements that finally got him muted after repeated warnings. End of story.
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I will refrain since we are not allowed freedom of speech here
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Na, this is not my battle
Accused bench of buying votes. Not defending much until otherwise. I don’t even know what’s going on.
Something about state taking control. Good hope they do 😂🇺🇸🇯🇵🇨🇦
That’s best case scenario in my mind 😂 -
Just Google it! It should be there (somewhere...) 😂
- 19 July 2019 (4 messages)
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Howdy all. An ieo with actual functionality? I dont believe it. Maybe this zest project is just hyped. It uses lamden tech which is cool
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Bruce mentions counterparty quite a bit in this video halfway through. A great video worth listening to in regards to security tokens. I see this being a big part of counterparty as well. It's still early and the adoption isn't there yet so counterparty maintains relevancy
Https://twitter.com/brucefenton/status/1152264339232964610?s=09Bruce FentonWill Bitcoin be the only digital asset with any value? https://t.co/PAbFW4SOZq
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Nice share
- 20 July 2019 (5 messages)
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SDG27655
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Hello guys
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Hi Karen I'm eating snacks
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I know Jdog said he didn't want Ryan to donate to unlock the dex on freewallet during the election. Now that the election is over, will the dex be unlocked?
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did you just assume my gender?
- 21 July 2019 (7 messages)
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Really
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Nope
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beu
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hye
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hey
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- 22 July 2019 (45 messages)
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@jdogresorg @TitaniumP ?
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since xcp delisting from exchanges it is more difficult to get XCP. Counterparty’s dex can do BTC/XCP pairs but I’ve only been successful filling an open BTC/XCP pair order once in about ten attempts. Is there an easy to follow tutorial on how to trade this pair on the dex? Is the foundation prioritizing getting listed on big exchanges or getting the DEX more user friendly to trade BTC/XCP?
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Hi All
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We have counterparty listed at ChainRift Exchange
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There are people trying to buy but no sellers
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Would appreciate some markermaking or some support! 🙏
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Does it require kyc? Can people in USA use it?
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What are the fees to withdraw?
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Hi everyone!
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Foundation is still just in the establishment phase since we're all newly elected. We are working out the particulars. Once things are established and we work out some details we will announce
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Hi, just as a fyi, we just had a foundation election, and people had their XCP tied up for the voting (the XCP had to be available in their wallet and not on an exchange) but the election is over now, so I would expect peeps to start posting sell orders soon on Chainrift 😏 thank you for the update and for listing XCP!
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“NOT a resident of the following U.S. States: AL, CT, FL, GA, HI, LA, NM, NY, NC, OR, VT”
This negates me and many others here from creating an account on Chainrift. -
they are working on getting these states approved, but as you probably know, regulations in the US are getting stricter all the time, this is not something that is any different on other exchanges, most of them are taking measures to tightly control US customer activities now.
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Yeah, I understand, but it’s unfortunate. Otherwise, I would have posted up a few trades to create some action.
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$30 USD
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I would say asking as much as 100,000 is not unreasonable, which would be about $10
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Tell them to put it up on the DEX
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Last dex trade price for xcp/btc was at 0.00015889
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What about letting people know how to trade BTC/XCP on dex? Shouldn’t we be pushing to get liquidity there?
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Why push chainrift if we don’t need exchanges?
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There is a newbie in another XCP telegram room asking how to buy xcp for over a week. He still hasn’t been able to
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is there a tutorial to trade BTC/XCP on dex? At this point, without tux, i don't know how to get a hold of xcp
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Hey guys, is there any guides on launching contracts on counterparty?
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The docs say there is one coming, but I think those docs are from like 2016 lol
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“We have a “getting started guide” coming soon.”
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Smart Contracts/EVM FAQ | Counterparty
Basics/FAQ-SmartContracts.md
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No EVM for counterparty.... those are old docs.... for now all the features are hardcoded (issue, send, order, etc.)
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The evm surely wasnt removed was it?
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It never launched. It was shelved before release due to security concerns and not wanting to risk the stability of the current system.
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Interesting, is there anywhere these conversations are stored? Or any of the old code out there?
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If you want to deploy Solidity smart contracts on EVM-compatible VM check out RSK project.
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No real chat history on the topic.... just the news/announcement on counterparty.io that it was being shelved... it was shelved right around the time of the DAO hack and revealing of misc security issues
- 23 July 2019 (59 messages)
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Interesting, thanks for the insight
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Hmm, having weird issue here, when doing a get_balances on a fednode that I setup and synced to mainnet over last couple days its reporting bitcoin is behind by 2 hours
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though Im synced to height 586615 on both counterparty and bitcoin
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which is latest height
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Is there any known issues with timezones being an issue?
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Node has 64 gigs of ram and 16 cores, and ntp is updated, EDT timezone
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ntp is reporting an offset of 0.004110 sec lol
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indexd might still be behind... you can check the indexd stats at http://<ip_address>:8432/status... for instance http://public.coindaddy.io:8432/status
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also might be a good idea to just restart the fednode via fednode restart
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Your misunderstanding how the callback feature worked.... You could set a callback date and price and after that date passed, the asset owner could call back ALL the tokens to their address and pay the holders a set price..... this was NOT a feature which allowed you to pull back tokens/assets selectively (from just a few people)...... and AML/KYC is simply a process of collecting customer information and identifying them.... This is something an individual developer/company would be doing... not something the platform itself would be doing.
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You can read more about the callback feature here.... https://counterpartytalk.org/t/cip-callback-buy-back-for-reusable-assets/4065CIP - Callback (buy back) for reusable assets
This is an updated re-post of my comment in the topic referenced below. Introduction It appears some assets (use cases) would benefit from the ability to be called back. Now we have subassets so on the one hand you can create disposable subassets, but in some cases it’d be better to have an asset (or subasset) that does what the name says it does, rather than have to look it up in a database or Web site. Use Case 1: Reusable Tokens Certain assets - if you want to reuse them - should be callabl...
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FYI... the Callback feature was never used in production, so it was disabled a number of years ago.
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TY for the detailed explanation
However I’m not missing the KYC process. I understand.
However, CP doesn’t differentiate b/w BTC wallets. So a wallet that is not KYC verified could hold assets that are KYC required.
Yes, a centralized container wallet system would work, but this would require a custody holder making the centralized container holder a bank. -
If we could call back assets on demand, we could meet KYC requirements in a decentralized form.
Reissue again to KYC verified wallets that held them and confiscate the ones that were not allowed to legally hold.
Turn over the illegally held assets to the state that were confiscated. Even could fire warning shots that KYC is required prior to confiscation to give a warning. -
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What does that mean. That adds zero value to my points.
If we have the callback feature, companies could issue shares on the blockchain directly without the need of a bank.
It’s better for citizens because it would negate the chance of share loss during bankruptcy of the asset holder/broker. -
Where?
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FYI I've posted a few bids at Chainrift.com for those looking for more xcp.
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dank technically these are asks but thank you
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Yes sorry lol
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Repossession is an integral part of the economy. Without it, you have nothing. Banks would cease it exist.
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So those 15,000 votes were to yourself?
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I voted some for my self yes.
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Yes those were
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That’s a lot of xcp you have. Good for you.
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Yea I restarted the server, and apparently indexd doesnt maintain state over a restart? Been resyncing that since then, only like halfway through the sync still.. doh
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getting {'message': 'Server error', 'data': 'Indexd is running 247358 blocks behind.', 'code': -32000} since then
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Bisq Markets ‹ Bisq - A decentralized bitcoin exchange network
Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative cryptocurrencies.
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It should maintain state through a restart fine.
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Weird, I ran fednode stop, waited for everything to shutdown properly. then did a normal restart
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then came up and tada its resyncing, just indexd is
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Are you sure indexd was fully synced before?
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Not exactly, was having issue where counterparty was previously reporting bitcoind was 2 hours behind
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though it was actually up to date, if you read above I posted in here
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thats what triggered my restart to begin
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XCP is already on Bisq, has been for a while. But it's a DEX, so hard to use and get orders filled and so on.
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Also it requires you install software on your machine to use it, which is another obstacle.
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I can vouch for bisq. And yeah they do usd/btc buys using zelle.
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Could use subassets with listed expiration dates and reissunance for complying wallets, confiscate and not reissue for non complying wallets
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Fixed... bitchslapper bot limited you for something you posted previously
- 24 July 2019 (43 messages)
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Thanks for the info, I thought it was great when I used it for BTC. Now I’ll try it with XCP
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Can BTC break through $10,000 today?
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Everyone is waiting for xcp to be listed in more exchange...
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Can I ever get posting abilities 😂🇺🇸
I’ve asked like 10 times. 😂 -
You have asked me once. You can now post links and gifs. If you become disruptive again the limitations will be put back in place.
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repossession is as integral as usury and debt. Banks having fractional reserve lending and predatory fees are part of the problems making low-income people into the poor. I see no need for banks in society as well as do not believe it is within the scope of XCP to defend or become a bank. AFAIK one of the selling points of using BTC is to become your own bank and not rely on that institution.
To be more clear, your idea on how to integrate KYC/AML is not in line with the values of this project. One day, when you get around to reading the bylaws, you may get a better picture of what this project entails and excludes. I have a plan of action brewing in my mind and will share it with the board at some point, but im not going to offer it to our competition. This is a concern of ours, and we are already discussing it.
Here is some insight if you still want to tackle this issue yourself ideologically: The conundrum is how to facilitate existing requirements in an additive-only system. The foundational rules will not be altered whimsically in order to accommodate legacy use. -
I never asked for the rules to bend for me. It’s a permisionless protocol and that is your choice on how you want to use and also mine on how I want to use.
Please don’t speak for everyone when you’re speaking for yourself. -
Ty J.
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lame conflations from you, but i expect no more
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Again. Talking for everyone.
Let’s just leave our dislike for each other as is. No need to talk to each other anymore. -
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Brah, just stop talking to me. Not sure what I’ve done to you. But we don’t have to be friends.
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until then, my points remain
thanks for understanding -
Yes it's pretty decentralized. And the only exchange i know that trades crypto/fiat with privacy and security and no custodial
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Xcp it's been listed on bisq for a while.
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Tho you don't need permission to list a token on bisq, it's a community managed software, anyone can make a proposal to list tokens.
Even pepecash has some orders in bisq every now and then. -
The Bisq network is pretty similar to BitTorrent. You need to install a client in your computer to sync with the network.
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What's wrong with ChainRift? 😀
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Decentralized exchanges unfortunately lack the UX
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We at ChainRift are huge believers of decentralization when it comes to the base layer of a cryptocurrency
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But for buying/selling, we believe that there is room for centralized players; we have a non-custodian exchange platform in the work though. So in future the customers won't have to trust us with their funds.
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Nothing, I’m just pointing out that there are a lot of people asking “wen binance” type questions but the reality is that counterparty has its own dex. I’m not a tech person but it seems like the effort should be to make counterparty usable in trading BTC/XCP instead of moaning about not being on exchanges
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Definitely. Counterparty doesn't have many investors currently so it's not crucial, but investors sometimes need to have a high degree of certaintly about if an order is going to be filled quickly and at what price so they can use their various strategies for getting into and out of positions. You just can't count on that using a non-custodial exchange (DEX)
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So I agree with those who suggest we need a Chainrift - you can look at the order book and know something can be bought or sold at a specific price almost instantly.
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The concern I have with Chainrift is KYC. Do you require it to withdraw, and if so do you warn people when they create or fund an account?
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You can't deposit fund without kyc
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Due to the laws around this unfortunately we simply can't operate without kyc
- 25 July 2019 (15 messages)
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Now you get it
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I would like to commend Chainrift for their implementation of security measures as well as not even letting people deposit before they successfully completed KYC. This prevents the rude awakening which does happen on other exchanges that will happily let you deposit all you want and then later when you want to withdraw you may possibly be faced with being unable to withdraw because of problems passing the KYC measures. This will not be a problem on Chainrift as you can not get any funds into the exchange without already having passed KYC.
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Agreed. Nice work chainrift😀👍🏻
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yup
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This will be solved with Hazama if it ever released
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XCP Dex (or alike) will work on top of it
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And there will be no technical obstacles to do BTC/Token trades
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Including BTC/XCP.
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Not real BTC or XCP, but their mirrored counterparts
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Are you the builder?
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Are the dispensers going create this mirror? Create a dispenser to enter the mirror? What would be cool is if the dispenser could reverse when it hits zero. Reverse the send off the opposite token. That way a dispenser could be placed in a burner wallet and would operate in continual rotation pegged 1:1 to get mirrored assets online.
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Thank you!! ❤️🙏
- 28 July 2019 (27 messages)
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thanks i guess
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its sorted.... the question was about the mobile interface which doesn't have a DEX interface yet... I pointed to the desktop version, as well as indiesquare and counterwallet.io
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Just added a new bot from the @crypto syndicate people
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@jdogresorg this is from Aztek, but you can PM him to make sure its legit for yourself before giving it admin perms
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or not giving it admin at all
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I'm here in a moderation capacity to remove spam, I don't want to overstep my bounds (past adding it to the room in the first place)
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@heunland @chiguireitor I guess you're also mods now that Shawn isn't head mod anymore
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I just want some sort of recognition that this isn't a rogue action
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A moderation bot?
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Aztek's bitchslapper?
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Yes, this is the third in the set
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Bitchslapper, pimpslapper, and now hal
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I guess they all do different kinds of filtering
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Ok np
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Cool, let me see if I can promote
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Done. Can only ban/delete, didn't need the other perms
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Ooo
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Yes yes yes
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I very much approve
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👍🎉
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Yeah, spam has been more active lately
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Wonder how these spammers create so much user bots, infected mobiles registering random telly accounts? Afaik you can't register multiple accounts with the same number
- 29 July 2019 (5 messages)
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Lol good luck with that
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If an order gets placed on the DEX, did it happen?
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- 30 July 2019 (7 messages)
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Who developed the evm integration?
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I'd like to discuss specifics of why it wasnt continued, and how far off it was
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ruben developed the EVM, it was close, but integration into mainnet was called off due to instability in the EVM and CP community not wanting to risk the stability of the platform on an experimental EVM which could break consensus.
- 31 July 2019 (9 messages)
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If not, they are censoring you again 🇺🇸
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I personally don't think that would be constructive/useful for the first meeting we are going to have but if someone else wants to set it up I wouldn't protest
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Maybe just a recording similar to the dev meetings that used to happen? Having an open Q/A sounds like a bad idea, espeically at the first meeting.