"Nothing to do with BitShares" except that you, @Stan, repeatedly associated BitShares' name with this outright scam, right on this very platform, thus lending it credibility - you literally posted about having 'our strategic alliance', where by 'our' you meant BitShares, who you were apparently claiming to represent in some way, and AriseBank - https://steemit.com/bitshares/@stan/bitshares-on-front-page-at-zero-hedge-arise-bank-deal . The deal with the special BitShares discount for AriseBank was both a big red flag already, and was associating BitShares with AriseBank.
I was posting multiple times to you to, pointing it out for the scam that it is, providing more than ample evidence, though it's not hard to find if you care to look, and asking you to do the responsible thing - to disassociate your name and BitShares' name from this scam, and to call it out for the scam that it is, but you didn't.
I'll copy-paste one of my previous posts from a week back pointing to the evidence here, in case you're interested in confirming what I'm saying:
I've looked into this AriseBank ICO quite deeply already, and it is has all the markings of a total scam .... please upvote this comment if you believe it's worth highlighting this fact, because it looks like a lot of people are losing a lot of money on this scam, due probably in large part to the apparent credibility given to it by the partnership with Bitshares. (or at least, if you think that it's worth highlighting all the evidence pointing to it being a scam which I haven't yet found well rebutted anywhere, and note I did go through one rebuttal to the accusations written by Arisebank - https://medium.com/@AriseBank/arisebank-isnt-a-scam-it-s-a-victim-of-libel-and-slander-d30ed800f483 - which after looking into everything a little more only made me more confident that the whole thing is in fact a scam ...)
You can also simply google 'jared rice and stanley ford' to read about Jared Rice's past scams - Jared Rice is the guy behind Arise Bank.
If, despite all the evidence, it's somehow not a scam, I'd love to see someone illustrate why by properly addressing all the claims pointing to all the clear red flags all over this that these articles make.
Yep, exactly what Stan said! Bitshares would have benefited on AriseBank's success. Of course I'm not 100% sure what is going on between the two of them now, and we will know more about what is going on with AriseBank in the future.
AriseBank was only ever going to give BitShares a bad name by the fact that it was the association of BitShares' + Stan's name with this scam ICO that gave it a lot of it's apparent legitimacy - without it, I would presume a lot less people would have thrown away money to the known scammer behind this 'bank' ICO.
Imo, this affair means that I absolutely have zero trust in Stan, and I have a big question mark over BitShares due to their failure to publicly disassociate from AriseBank and state that Stan doesn't represent them in associating them with it. Which is unfortunate, as BitShares was one of the more promising projects in the space .... but this AriseBank scam is a huge huge red flag for all involved, which unfortunately includes BitShares.
I'm not going to dismiss your claims without thought, but I think everyone needs to wait and see what happens. If it truly is a scam we will all know. I am invested in Bitshares and that is why I know of AriseBank. I didn't even think of investing really because I was not interested in it, just interested in it benefiting Bitshares.
Well sure, it's fine for you to wait and see, if you're neither investing in nor promoting the AriseBank scam.
My insistence on calling it out for the clear scam that it is (which was easy enough to ascertain some time ago already, and now that it's disappeared completely from the web should be even more obvious), was to try to save people from losing their money with it, and to criticize those (e.g. Stan) who gave it legitimacy by promoting it unquestioningly and/or associating Bitshares'+their names with it, thus causing many more people to invest in it and be scammed out of their money. i.e. I did this in the hope that Stan and other promoters would disassociate from it and call it out for what it was - a scam. It is absolutely not fine, in the case of someone promoting it for example, to 'wait and see' whether it's a scam ....
At least, to me, there is a moral obligation to vet such a thing before promoting it (and it only took a few minutes of vetting to clearly see this for the fraud that it was, or at least to see way too many red flags to be able to in good conscience promote it), but unfortunately, it appears many in this space really have no morals or honesty, and are purely motivated by greed, and that Stan Larimer is no different to John McAfee selling-out to whoever pays him to dishonestly promote the week's current crypto-pump.
Nothing to do with BitShares except the ecosystem would have benefited from what they were building. It might have pumped billions into our economy.
"Nothing to do with BitShares" except that you, @Stan, repeatedly associated BitShares' name with this outright scam, right on this very platform, thus lending it credibility - you literally posted about having 'our strategic alliance', where by 'our' you meant BitShares, who you were apparently claiming to represent in some way, and AriseBank - https://steemit.com/bitshares/@stan/bitshares-on-front-page-at-zero-hedge-arise-bank-deal . The deal with the special BitShares discount for AriseBank was both a big red flag already, and was associating BitShares with AriseBank.
I was posting multiple times to you to, pointing it out for the scam that it is, providing more than ample evidence, though it's not hard to find if you care to look, and asking you to do the responsible thing - to disassociate your name and BitShares' name from this scam, and to call it out for the scam that it is, but you didn't.
I'll copy-paste one of my previous posts from a week back pointing to the evidence here, in case you're interested in confirming what I'm saying:
I've looked into this AriseBank ICO quite deeply already, and it is has all the markings of a total scam .... please upvote this comment if you believe it's worth highlighting this fact, because it looks like a lot of people are losing a lot of money on this scam, due probably in large part to the apparent credibility given to it by the partnership with Bitshares. (or at least, if you think that it's worth highlighting all the evidence pointing to it being a scam which I haven't yet found well rebutted anywhere, and note I did go through one rebuttal to the accusations written by Arisebank - https://medium.com/@AriseBank/arisebank-isnt-a-scam-it-s-a-victim-of-libel-and-slander-d30ed800f483 - which after looking into everything a little more only made me more confident that the whole thing is in fact a scam ...)
Here's some articles demonstrating that it's a scam - it should be pretty easy to confirm for yourself that it's truly a scam by just confirming for yourself some of things pointed out by these articles:
https://medium.com/@aenigmacapital/investor-warning-arisebank-ico-strategic-partnership-with-bitshares-is-a-scam-96b8b473a61d
https://medium.com/@finmakler_sokol/arisebank-my-2-cents-based-on-the-chat-in-the-pivx-arisebank-channel-and-some-research-done-over-5305ff97f5bd
There's also one post I found on steemit looking into it further, but it seems to have been downvoted, which is unfortunate - https://steemit.com/bitshares/@clockwork/more-proof-arisebank-is-a-scam
You can also simply google 'jared rice and stanley ford' to read about Jared Rice's past scams - Jared Rice is the guy behind Arise Bank.
If, despite all the evidence, it's somehow not a scam, I'd love to see someone illustrate why by properly addressing all the claims pointing to all the clear red flags all over this that these articles make.
Thanks for your comment. It is hard to follow every move of all the different platforms. I am so glad to see here on steemit a lot of informed people.
Yep, exactly what Stan said! Bitshares would have benefited on AriseBank's success. Of course I'm not 100% sure what is going on between the two of them now, and we will know more about what is going on with AriseBank in the future.
AriseBank was only ever going to give BitShares a bad name by the fact that it was the association of BitShares' + Stan's name with this scam ICO that gave it a lot of it's apparent legitimacy - without it, I would presume a lot less people would have thrown away money to the known scammer behind this 'bank' ICO.
Imo, this affair means that I absolutely have zero trust in Stan, and I have a big question mark over BitShares due to their failure to publicly disassociate from AriseBank and state that Stan doesn't represent them in associating them with it. Which is unfortunate, as BitShares was one of the more promising projects in the space .... but this AriseBank scam is a huge huge red flag for all involved, which unfortunately includes BitShares.
I'm not going to dismiss your claims without thought, but I think everyone needs to wait and see what happens. If it truly is a scam we will all know. I am invested in Bitshares and that is why I know of AriseBank. I didn't even think of investing really because I was not interested in it, just interested in it benefiting Bitshares.
Well sure, it's fine for you to wait and see, if you're neither investing in nor promoting the AriseBank scam.
My insistence on calling it out for the clear scam that it is (which was easy enough to ascertain some time ago already, and now that it's disappeared completely from the web should be even more obvious), was to try to save people from losing their money with it, and to criticize those (e.g. Stan) who gave it legitimacy by promoting it unquestioningly and/or associating Bitshares'+their names with it, thus causing many more people to invest in it and be scammed out of their money. i.e. I did this in the hope that Stan and other promoters would disassociate from it and call it out for what it was - a scam. It is absolutely not fine, in the case of someone promoting it for example, to 'wait and see' whether it's a scam ....
At least, to me, there is a moral obligation to vet such a thing before promoting it (and it only took a few minutes of vetting to clearly see this for the fraud that it was, or at least to see way too many red flags to be able to in good conscience promote it), but unfortunately, it appears many in this space really have no morals or honesty, and are purely motivated by greed, and that Stan Larimer is no different to John McAfee selling-out to whoever pays him to dishonestly promote the week's current crypto-pump.