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RE: AriseBank 1:1 for all Bitshares Holders

in #bitshares7 years ago

I love Stan but I think his lack of due diligence is really a problem when it comes to AriseBank. To clear up, he does not speak for the Bitshares committee and in fact is not even in it. He is solely doing this as a hobby. Doesn't mean it won't hurt Bitshares reputation though, seeing as he is still a known figure (sort of a celeb) associated with Bitshares.

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I'm afraid this whole thing is really going to hurt Bitshares' reputation (it certainly has in my mind, even after reading that Stan is not truly speaking for Bitshares) - I suspect the appearance of endorsement-by + partnership-with 'Bitshares', through Stan, has been a big part of a lot of people getting sucked-in by this.

I think it'd be really good+important for whatever person/group is able to truly represent 'Bitshares' to come out with some very clear and very public statements completely distancing yourselves from this (and ideally also denouncing it as the clear scam that it is), if not just for Bitshares' reputation, then for all the people who you might still be able to prevent from losing money to this scam through the right action.

Those are exactly my sentiments towards this whole issue, although I could care shit about people investing into Arise as it's their own fault of not doing due diligence.

Ah, thanks @droucil, I did not realize he was only a figurehead. If Arise is BS then I guess it could go either way. It could really hurt the Bitshares brand as he is their, "celeb", or it may not matter and he would just be disregarded as the old guy who got duped.

I am getting ahead of myself though, let's see how this pans out first (fingers crossed).

Yeah, let's just hope the blow wont be too big. The technology behind Bitsahres is still #1 when it comes to the Blockchain world. And this does seems like a very promising year with a lot of upcoming businesses to join the Bitshares Blockchain :)!