Litecoin Association Director Urges Paycoin Community to "Put Their Foot Down"
In a statement released to CCN and a few other outlets this morning, which is available in full below, Litecoin Association Director Andrew Vegetabile urges the Paycoin community to "put their foot down" in regards to the actions of Homero Josh Garza, the owner of GAW miners. Garza is the CEO of the widely-defamed "Geniuses at Work" corporation whose antics have earned him and his company a less than favorable reputation in the cryptocurrency world. You may remember that Vegetabile has previously demanded that Litecoin be delisted from the exchange Garza purchased, Coin-Swap, and taken....
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Andrew Vegetabile, director of the Litecoin Association, announced on the LitecoinTalk forums that a fifth director would be joining the team. While reorganizing the Litecoin Association, which Vegetabile alluded would be completed soon, he explained that the Litecoin Association was looking for one new director through a list of candidates. Of those candidates, Phil Auman of LitecoinLearner.com was made a new director. Vegetabile outlined that the mission statement of the Litecoin Association is to educate interested parties on the benefits of Litecoin. The association wants to push a....
Paycoin has to be one of the most controversial cryptocurrencies in the industry to date, filled with promises that never saw the light of day, allegations and revelations that are still unfolding; it has left a sour taste in the mouth of many involved in the crypto sphere. Mr. Vegetabile who is one of the five directors of the Litecoin Association has been very vocal independently from the Association of Josh Garza, GAW, Coin-Swap and Paycoin in the past, which resulted with Mr. Garza last January calling Andrew out for a public debate which has yet to happen due to Josh looking to change....
In response to the recent controversy and Litecoin asking to be delisted from Coin-Swap, GAW Miners CEO Josh Garza has challenged Litecoin Association director Andrew Vegetabile to an open, public debate. In short, after GAW Miners acquired Coin-Swap cryptocurrency exchange, Andrew quickly asked for Litecoin to be delisted due to his personal ethical concerns. After hearing about the request, Garza took an emotional stance in response. In an interview with CCN writer Scott Fargo, he explained that he felt Andrew's request looked bad on all cryptocurrencies as a whole: "The worst part is....
Last month, I reported that PayBase, the subsidiary of GAW Miners responsible for the administration of PayCoin, would open enrollment for a "buyback program" on the first of February. When that didn't happen, I decided to give them some leeway - the complexity of it all and the end result of so many people getting their promised $20 per coin seemed like it might warrant a reasonable delay. Read also: Josh Garza of PayCoin Challenges Litecoin Association Director to Public Debate Following Request to Delist. Information Couldn't Be Much Sparser. The company posted a one-paragraph blog on....
Bitcoin, litecoin, altcoin, dogecoin, darkcoin... And now here comes PayCoin, announcing its new cryptocurrency for worldly use in the digital arena... ... And alongside the new currency comes Paybase, the platform that serves as the batteries to PayCoin's remote-controlled car. Paybase allows customers to transfer their PayCoin into bitcoin for the purchase of goods and services. Supported by major investment backing, PayCoin claims to be user-friendly and simple enough for those brand new to the digital currency universe. With topics such as mining and staking made easy for PayCoin....