Clarity Post: for Token Holders, Shareholders and Network Supporters

Here David explains why this is necessary:


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I have had to submit proof of residence many times in KYCing with CEX. Things like bank statement, utility bill, drivers license, profile picture verification have been asked of me before.

He specifically asks about BTTF, they require it to be in English.


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And this fact still (last time I tested) prevents me to unlock the account, is there anyone with non-English bills that hacked the BTTF security?

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An anonymous source wrote to me that there was an option to select a non-English document - it was tested for a German document. I will test it soon too.


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Can you request off the company (bank etc) for them to supply the document in English? Maybe thats an option

This doesn’t really clarify things for me. BTTF investors were told that they were invested in Maidsafe and Maidsafe would go onto develop apps and be a profit making entity. I seem to remember that the choice would be available to keep equity or convert for the SNT.

Now there will be a new company that will build the apps and Maidsafe will be purely network based.
I don’t know why anyone would invest in Autonomi labs? They might just decide in a few years that Autonomi labs won’t build the apps anymore and start another company.

I can’t see what the benefit of investing through BTTF was. BTTF investors may as well have just bought the liquid maidsafecoins.

Communism for us and capitalism for you.

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I understand very well what you are saying and I think the best thing is to swallow it and continue with the tokens and if the network is successful with the thought that we were one of the 200 people who supported the project in one of the moments of need.

They are not asking us for money for this company, probably for the obvious reason you point out…


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They should at the very least be offering an improved rate of exchange to BTTF holders above what was previously agreed as a gesture of good will for breaking an agreement. I understand things change but this leaves a bitter taste. What a shame.

It’s not about the money for me it’s the principal. The blase attitude about changing the goal posts. I would rather take nothing than approve of this behaviour by been forced into exchanging.

David is the principal.

The principle that BTTF holders should get a better rate above what was previously agreed as a gesture of good will for breaking an agreement is worthy of debate.

But I think you are onto plums with that - Sorry

This has been a post by your self-appointed Grammar Nazi.
Please rate below how annoying and condescending it was. Your feedback is important to us.

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Why should I lose my hard-earned capital invested in Maidsafe via BFFT?
Maybe because Maidsafe, which by the way is the one that almost exclusively did all the promotion, is not taking care of the matter?

I’m sorry, but no. I just want what has been agreed to be fulfilled. No more and no less.

You’re basically right, but what are the options?

David made the decision a year ago when he created the new company. He consulted a lawyer on the subject.

Even if the lawyer gave him bad advice and he loses a potential lawsuit, you can’t force him to work for you.

In the best case, you will get back the money you put in. After years…

If the network is successful during those years you will have missed the opportunity to earn more from the tokens.

And a lawsuit reduces the likelihood that the network will succeed because of the negative publicity.

However you think about it, it’s best to swallow it and focus on the future.


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I don’t understand this. What does the creation of a new company have to do with fulfilling obligations?

In the end, we are shareholders of a company (BNK TO THE FUTURE MAIDSAFE SP) that owns part of the shares of Maidsafe.

If Maidsafe’s shares are eventually converted into tokens, its shareholders through BNK TO THE FUTURE MAIDSAFE SP will be entitled to the number of tokens corresponding to their percentage shareholding.

Are you telling us that this is not going to happen?

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We’ll get tokens, that’s what I’m saying. I thought you were commenting on the promises that the MaidSafe company would operate for profit and that you were upset that a new company was created to operate for profit.


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I’ve just realised this project is a cult.

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We were wondering how long it would take you to realise :slight_smile:

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Now hand over all your money and possessions.

Or we kidnap your family and show them the photos.

@riddim, I need some of your finest AI work sharpish!!!

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The question only is: are you part of the cult or not =D

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Do you think this will do or do you need something closer to his profile pic and exposing the cult more openly?

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