Friday, July 13, 2018

Texas runs a nanny socialist government

Mintage Mining LLC allegedly issues and offers two different crypto mining-related investments “illegally and fraudulently.” Together with Symatri LLC, they sell “pre-configured computer hardware to mine Kala,” an ERC-20 token which Symatri claims to be “fungible and transferable, and it is expected to be traded on cryptocurrency exchanges in the near future.”
OK, a bad investment, but they declared themselves ponzi when they speculated publicly on the plan.  Is the new currency valuable? Dunno what it is about, but I doubt building new currencies with ethereum is leading to value. No crime, just probably a bad idea. 

The fundamental point is that Texas is no conservative bastion, they are just another big guv nanny.

No comments: