BitShares - The World's First Bible, Constitution and SEC Compliant BlockchainsteemCreated with Sketch.

in #christianity7 years ago (edited)

"Let everyone be subject to the governing authorities, for there is no authority except that which God has established. The powers that be have been established by God." -- The Apostle Paul

"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness." -- Thomas Jefferson

These quotes, from two of my heroes, seem to be at odds. What is a Godly Patriot to do?

Well, I've published extensively on this topic right here on Steemit starting with this first article in a five-part series from two years ago.

Independence Day

Spoiler Alert: Sorry guys. The Bible takes precedence over the American Founding Fathers... by a smidge.

Drives my wife nuts when I set the cruise control according to the speed limit and let the rest of the traffic go whizzing past us. We must obey the governing authorities unless they contradict God. Speed limits don't contradict God. Rats.

So, all the work I do in the BitShares universe must comply with these two principles:

  • Rigorous compliance with the The System.
  • Vigorous efforts to reform The System...

...to be more compassionate, ethical, consistent, fair and wise.

So, that's what governs every thing I write, or say, or do.
Makes everybody equally angry.
So be it.

But, if you go back and look at all my articles and interviews, you'll find I give equal time to encouraging our communities and our governments to be more compassionate, ethical, consistent, fair and wise. Drives them all nuts. Heh heh.


BitShares - The Biblically Jeffersonian Blockchain

Let's look at how all this affects what we have been working on for BitShares over the past two years. First, here's a slide I'll be presenting at the BitShares, Bitcoin and Ethereum Superconference in Dallas this weekend:

Each one of these new super-high-quality tokens is exquisitely crafted to be fully compliant with all known global regulations.

That's pretty much all we do:
We help innovative companies engineer products like these.

If you don't have a favorable opinion letter from a qualified attorney, we'll insist that you do before we take your case. To understand fully what this means, read our policy statements at stokens.com or bitcoinlatina.com or goldback.io or quintric.com or... well, you get the idea.

But it doesn't stop there. BitShares was engineered from the ground up to provide regulatory compliance support. We can't control what you say about your coin off line, but we can enforce whatever compliance policies you embrace.

Beyond that, I recently commissioned the first phase of a comprehensive upgrade to the BitShares ecosystem, taking it from the World's First Industrial Grade blockchain to the World's First Institutional Grade blockchain -- fully compliant and licensed for global operations around the world so that institutional investors can use it. You can't do that without taking compliance very seriously...and we'll do it without changing BitShares while growing its value enormously.

So when you hear me urging the world's authorities to take a new look at how our industry should be governed and regulated, don't misunderstand what I am up to. I am equally committed to improving our levels of compliance and that with which we must comply.

Here's another slide from Sunday's pitch. You'll have to wait for another post on that one, but this should tell you that we aim to comply and thrive on six continents, connecting the New Silk Route Museum projects in Asia, America and Europe to the BitcoinLatina projects in Latin America to the Legacy Systems of the British Commonwealth to the remotest unbanked regions of the world.

It's not exactly rocket science.

Sort:  

God has his hand on your life. You're doing His work! All the glory to Jesus.

Yes, it is always good when we do God's work. We will always be rewarded.

I once heard that Bitshares didn't meet the SEC compliance because it was looked as security, and now you say that it is SEC compliant. Can anyone please refer to some source links? thank you very much.

BitShares was mined into existence like bitcoin. The only thing about it is the name - but the shares refer to the high grade fully compliant registered security tokens it is capable of trading, not to the underlying reference token.

Give to Caesar what belongs to Caesar and give to God what belongs to God.

Show me a Bitcoin. Whose likeness and inscription is on it?

This is a brilliant point.

regulations are coming.
BTC will be controled one day. Exchanges are already being regulated.

The future is in DEXs (Decentralized EXchanges) that will be (almost) fully decentralized and immune to regulation.

I can't stand this quote. It basically says that the government (ie. Caesar) has domain over you.

Matthew 22:21 Jesus said "Render to Caesar the things that are Caesar's; and to God the things that are God's." Romans 13:1 "Let every person be in subjection to the governing authorities. For there is no authority except from God and those which exist are established by God."

Amen!

"No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon."

Matthew 6:24 KJV

agree...

Couldn't agree more. I always remind my brother of this. He hates it.

+5% @stan

Nice Stan

Interesting post! I need to learn more about BitShares! I’ve heard some things about it and all signs pointing to great opportunity! From what I understand, it’s just a tougher sale to make to investors, because they’re just trying to get their heads wrapped around crypto currencies, let alone exchanges. Thanks for your post and I’ll keep an eye out for more! :-)

I am a big fan of you and your sons work. I am looking foreword to a bright future in the Bitshares ecosystem...

Great job Stan, you have my full support. Please can you tell me is there a chance for Bitshares implementation on EOS?

Better than that...

Nice 👍😁

Care to elaborate Mr Larimer? :-)

sir @rhanna10km,
I was looking to contact you and it brought me here on this amazing post. I am running @spydo as bid-bot and want some good amount of delegation to increase vote value to serve users better. As return you will be getting 85% of daily reward payout generated from delegation. for instance, on average 12 SBD daily for 10k delegation. If you wish to give it a try you can delegate using SteemBotTracker Delegation Tool.

bitshares 3.0 ? : )

Built on EOS?

@stan has hinted to "this stuff" several times on Blue Rock Talk with Connie Willis. Check out some recent past shows..
Tune in for lots more to come too! 😀👏👏👏😉
https://www.youtube.com/c/BlueRockTalkwithConnieWillis
~ @bluerocktalk🖖

I'm sure I heard Dan doing an Interview in Ivan On Tech YouTube channel, in which he said Bitshares couldn't run on EOS. Stan must have something even better planned !

:)

@stan you can't leave us hanging like that lol please tell ! I hear also Bitfinix are going to be creating EOSFinix DEX on EOS any thoughts ? Great post by the way ! It's because of your values that I will be telling all
My friends and family to sign upto Bitshares !

Got to wait till our design team weighs in. They will blaze the trail.

Don't ask for people to vote on your posts. You will get down voted. The best thing to do when you are new is to read posts and make good, useful comments. If people like your comments they might follow you.

thanks a lot am so grateful for the advice....

Duplicate post...

please are you on telegram,so I can get to have a private message with you

No, but I'm on steemit.chat

have been trying to open that page it doesn't work, any help with that??

It's working for me... sorry

@stan, great post, resteemed, will you be looking at avenues for people to lease out their BTS on the platform like some people do on Steem. I am not sure how the process of staking works on BTS, but this might give people a chance to earn more BTS?

Would love to know your Vision on what you see the BTS platform developing into in say the next 10 years.

Talking about that in Dallas tomorrow as the last speaker at the Bitcoin Superconference

@stan nice post, resteemed, so your a Vegemite fan, I see, I saw it proudly on the stand behind you in your shelf. Some of our overseas friends don't like it much, but most Aussies grew up on it and we love it.

From a friend in the Land Down Under...