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Dren
Jan 5, 2001

Pillbug
It's good that reddit announced this plan before having an actual plan in place or talking to actual lawyers

Really instills confidence

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A Pinball Wizard
Mar 23, 2005

I know every trick, no freak's gonna beat my hands

College Slice

Boxturret posted:

to open the hood you need to pull on two wires hidden in the doors and you need two people to open the hood otherwise it will break and to keep it open you have to jam screwdrivers in the hinges

that is a very bitcoin car tbf

Kiwi Ghost Chips
Feb 19, 2011

Start using the best desktop environment now!
Choose KDE!

PleasureKevin posted:

does reddit really think they can back a crypto currency with shares in a company and have that be legal?

it sounds like they're giving stock away to the users. idk why that would be a huge deal to the sec if they aren't asking for anything

The Leck
Feb 27, 2001

surebet posted:

unless you want to go full retard and do vba in word like i've been doing recently

:science:
don't even ask how many legally mandated functions are handled using vba and access here.

surebet
Jan 10, 2013

avatar
specialist


Kiwi Ghost Chips posted:

it sounds like they're giving stock away to the users. idk why that would be a huge deal to the sec if they aren't asking for anything

with the disclaimer that this might be a canadaland thing, you need to know who has what stocks at certain intervals to be able to assign dividends, do GA summons and call in votes

and by you i mean our moose ridding sec equivalent

you might be able to bypass some restrictions by making them Jon voting shares, but im not sure how it would work from a tax point of view if you can't pin cgts on actual people

an AOL chatroom
Oct 3, 2002

AlsoD posted:

no you see he asked his lawyer friend who said "uh, I guess?"

https://www.youtube.com/watch?v=FB-JO2j7MEQ

surebet
Jan 10, 2013

avatar
specialist


ayn rand hand job posted:

hi morally inept

nah that saga is finally over

http://forums.somethingawful.com/banlist.php?userid=185333

haveblue
Aug 15, 2005



Toilet Rascal

surebet posted:

with the disclaimer that this might be a canadaland thing, you need to know who has what stocks at certain intervals to be able to assign dividends, do GA summons and call in votes

and by you i mean our moose ridding sec equivalent

you might be able to bypass some restrictions by making them Jon voting shares, but im not sure how it would work from a tax point of view if you can't pin cgts on actual people

could they claim that the things they are giving out do not count as shares at all and are some kind of non-financial loyalty token bullshit as far as the law is concerned?

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Posted by Morally Inept on March 24, 2014
Morally Inept has just now joined BYOB and is welcomed with open arms.

Posted by pig slut lisa on August 17, 2014
No we do not, Morally Inept

OJ MIST 2 THE DICK
Sep 11, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick

Nap Ghost

parachute account

surebet
Jan 10, 2013

avatar
specialist


ayn rand hand job posted:

parachute account

*smokebomb*

AlbieQuirky
Oct 9, 2012

Just me and my 🌊dragon🐉 hanging out

Dren posted:

It's good that reddit announced this plan before having an actual plan in place or talking to actual lawyers

Really instills confidence

be your own bank be your own lawyer be your own gastroenterologist be your own undertaker

disruptive as hell

Ron Paul Atreides
Apr 19, 2012

Uyghurs situation in Xinjiang? Just a police action, do not fret. Not ongoing genocide like in EVIL Canada.

I am definitely not a tankie.

haveblue posted:

could they claim that the things they are giving out do not count as shares at all and are some kind of non-financial loyalty token bullshit as far as the law is concerned?

Sounds to me like they are? like the notbitcoin is just a notbitcoin, reddit will just give you a certain amount of stock in exchange for it. Like a voucher for stock

evilweasel
Aug 24, 2002

PleasureKevin posted:

does reddit really think they can back a crypto currency with shares in a company and have that be legal?

his lawyer friend could not immediately recall which specific regulation or regulations made this enormously illegal and therefore it is legal (he is not a very good lawyer as the specific rule is basically the entirety of the securities exchange act because there's basically no way to do this without setting up your own unregulated stock trading exchange like those hilarious bitcoiner ones that suddenly fled once they consulted an actual lawyer)

haveblue posted:

could they claim that the things they are giving out do not count as shares at all and are some kind of non-financial loyalty token bullshit as far as the law is concerned?

the sec frowns quite heavily on "stock, but not OFFICIALLY stock", the regulations are written with the full knowledge that like anyone involved in finance is probably an utter scumbag whose primary goal in life is to scam people and will jump through any hole you give them to try to evade regulations

evilweasel fucked around with this message at 17:13 on Oct 1, 2014

Owlofcreamcheese
May 22, 2005
Probation
Can't post for 9 years!
Buglord

TVarmy
Sep 11, 2011

like food and water, my posting has no intrinsic value

we should put qr codes on coffins so you can tip your dead buddy so he can pay the boatman at the river styx.

GameCube
Nov 21, 2006


nope

GameCube
Nov 21, 2006

not good

GameCube
Nov 21, 2006

actually, bad

surebet
Jan 10, 2013

avatar
specialist


evilweasel posted:

the sec frowns quite heavily on "stock, but not OFFICIALLY stock", the regulations are written with the full knowledge that like anyone involved in finance is probably an utter scumbag whose primary goal in life is to scam people and will jump through any hole you give them to try to evade regulations

:forkbomb:

basically they want to give stock options to loving everyone, so
http://www.irs.gov/taxtopics/tc427.html

otherwise it could be seen as a convertible security? p sure that would trigger extra sec poo poo and ownership determination still stays in play, i think

there might also be a possibility to interpret it as fractioned stock but i only see that as possible in profit participation programs1 or dividend payouts in stock2 but there are still stock ownership determination obligations in play, i think. us accounting bros feel free to chime in

tl;dr using stock/stock tokens as currency might be a reporting nightmare

oh, and then add to the mix the fact that this is probably going to be offered to foreign nationals, which takes the fan that was previously hit by poo poo and throws it in a live 747 jet engine

1(where the employee will eventually own the complete share, then start working on the next one)
2(where a company will give out stock instead of cash dividends and in some cases the fractions will be earmarked to the investor but will remain under the company's stewardship)

e: i english bad today, stupid typos

surebet fucked around with this message at 18:06 on Oct 1, 2014

Sham bam bamina!
Nov 6, 2012

ƨtupid cat
funny, but i will not tip you, /u/dogdickwhistler

Dixie Cretin Seaman
Jan 22, 2008

all hat and one catte
Hot Rope Guy
a redditor, an ephebophile and a dog dick whistler walks into a bar...


lol if you type ephebophile in swype keyboard for ios it autosuggests the corrections "pedophile" and "paedophile"

Luigi Thirty
Apr 30, 2006

Emergency confection port.

TVarmy posted:

we should put qr codes on coffins so you can tip your dead buddy so he can pay the goatman at the river styx.

CoolCab
Apr 17, 2005

glem

Dixie Cretin Seaman posted:


lol if you type ephebophile in swype keyboard for ios it autosuggests the corrections "pedophile" and "paedophile"

then "who the gently caress do you think you're fooling"

Wayne Knight
May 11, 2006

CoolCab posted:

then "who the gently caress do you think you're fooling"

it should always autocorrect to this so we can see who complains.

Luigi Thirty
Apr 30, 2006

Emergency confection port.

RZA Encryption posted:

it should always autocorrect to this so we can see who complains.

First, I am 72 and on so many medications that no woman, man or child could turn me on so I have no monkey in this circus.

But if people are going to act like hysterical housewives over the BFM thing at least get some facts right.

Assuming what has been posted so far is correct and this girl was 14-15 and lived in Iceland:

1. This makes him at worst a hebephile not a pedophile. It is a not insignificant difference as this is a lesser mental aberration. If she was 15 she may, depending on development have passed out of hebephile range and this would be no aberration at all

http://en.wikipedia.org/wiki/Hebephilia

2. In America, for example, we incorrectly use the word pedophile for a man having sex with a 17 year old girl. Psychologists know that study after study (brain imaging, etc)show that men of all ages find females most attractive around age 16. But we have decided to protect these girls just as we have decided to protect many things by law. So that man with the 17 year old is breaking the law, but is not mentally aberrant.

3. The age of consent in Iceland is, indeed 15. So this BFM person was either legal or one year below legal and either non-aberrant or barely a hebephile.

So, in my opinion, BFM was a jerk back then and may be a jerk now, I don't know. Kicking him out was fine. But those of you acting like he was a baby-raper-murderer and SCT can never be forgiven for even giving him the benefit of the doubt for a few days are being ridiculously over-righteous.

http://en.wikipedia.org/wiki/Ages_of_consent_in_Europe

killhamster
Apr 15, 2004

SCAMMER
Hero Member

Luigi Thirty posted:

First, I am 72 and on so many medications that no woman, man or child could turn me on so I have no monkey in this circus.

But if people are going to act like hysterical housewives over the BFM thing at least get some facts right.

Assuming what has been posted so far is correct and this girl was 14-15 and lived in Iceland:

1. This makes him at worst a hebephile not a pedophile. It is a not insignificant difference as this is a lesser mental aberration. If she was 15 she may, depending on development have passed out of hebephile range and this would be no aberration at all

http://en.wikipedia.org/wiki/Hebephilia

2. In America, for example, we incorrectly use the word pedophile for a man having sex with a 17 year old girl. Psychologists know that study after study (brain imaging, etc)show that men of all ages find females most attractive around age 16. But we have decided to protect these girls just as we have decided to protect many things by law. So that man with the 17 year old is breaking the law, but is not mentally aberrant.

3. The age of consent in Iceland is, indeed 15. So this BFM person was either legal or one year below legal and either non-aberrant or barely a hebephile.

So, in my opinion, BFM was a jerk back then and may be a jerk now, I don't know. Kicking him out was fine. But those of you acting like he was a baby-raper-murderer and SCT can never be forgiven for even giving him the benefit of the doubt for a few days are being ridiculously over-righteous.

http://en.wikipedia.org/wiki/Ages_of_consent_in_Europe

which reddit is this from

Matlock Birthmark
Sep 24, 2005

I wanted this to happen!!
Soiled Meat

killhamster posted:

which reddit is this from

I believe that was from one of the ArcheAge threads in MMOHMO

FCKGW
May 21, 2006

A Pinball Wizard posted:

that is a very bitcoin car tbf

uh did you guys forget about the wikispeed car or something?

GameCube
Nov 21, 2006

FCKGW posted:

uh did you guys forget about the wikispeed car or something?



Damiya
Jul 3, 2012

Matlock Birthmark posted:

I believe that was from one of the ArcheAge threads in MMOHMO

that's a retired cop goon defending a pedo goon in mmohmo

Ron Paul Atreides
Apr 19, 2012

Uyghurs situation in Xinjiang? Just a police action, do not fret. Not ongoing genocide like in EVIL Canada.

I am definitely not a tankie.
Lest we ever become too :smug: in our laffs at reddit, remember, always remember, goons are just as bad

Happy Noodle Boy
Jul 3, 2002


Ron Paul Atreides posted:

Lest we ever become too :smug: in our laffs at reddit, remember, always remember, goons are just as bad

see: star citizen thread

Dixie Cretin Seaman
Jan 22, 2008

all hat and one catte
Hot Rope Guy

Luigi Thirty posted:

Psychologists know that study after study (brain imaging, etc)show that men of all ages find females most attractive around age 16. But we have decided to protect these girls just as we have decided to protect many things by law. So that man with the 17 year old is breaking the law, but is not mentally aberrant.

i frequently use a similar argument in favor of freeform public defecation, yet my unjust persecution continues :shrug:

prefect
Sep 11, 2001

No one, Woodhouse.
No one.




Dead Man’s Band

Dixie Cretin Seaman posted:

i frequently use a similar argument in favor of freeform public defecation, yet my unjust persecution continues :shrug:

i feel sorry for the scientists studying brain responses to public defecation :(

Wayne Knight
May 11, 2006

prefect posted:

i feel sorry for the scientists studying brain responses to public defecation :(

yeah I also feel bad for Dr. Carl monitoring me reading your posts.

theflyingorc
Jun 28, 2008

ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS
Young Orc
gotta be honest "hebephile" sounds like a word stormfront would use to describe somebody who was pro-Israel

duTrieux.
Oct 9, 2003

theflyingorc posted:

gotta be honest "hebephile" sounds like a word stormfront would use to describe somebody who was pro-Israel

prefect
Sep 11, 2001

No one, Woodhouse.
No one.




Dead Man’s Band

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Shifty Pony
Dec 28, 2004

Up ta somethin'


Dixie Cretin Seaman posted:

a redditor, an ephebophile and a dog dick whistler walks into a bar...


lol if you type ephebophile in swype keyboard for ios it autosuggests the corrections "pedophile" and "paedophile"

my gf was complaining that hers was autocorrecting/suggesting bitch to bitcoin.

much laughing was had.

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