4 ms·

What do people want from him though? He was offered $$$ for a gig and took the offer. It was sure easier than his usuals. When other celebs s.a Dan Arieli or W

by avip 9y ago

What do people want from him though? He was offered $$$ for a gig and took the offer. It was sure easier than his usuals. When other celebs s.a Dan Arieli or Whitfield Diffie are offered seats in boards for what is essentially the exact same PR, only targeting a different demographic, no-one calls BS on that.

Simon_says 9y ago
I would hope that Arieli or Diffie would understand something about the technology or its application. In other words, their support would correlate to the merits of the coin. On the other hand, Mayweather's advocacy correlates only with what he's paid. Worse, rumors are that he has some functional literacy issues. On the other hand, you're probably right. I'm just the target demographic to give undue weight to Diffie's opinion.
JumpCrisscross 9y ago
> He was offered $$$ for a gig and took the offer This doesn't fly when you're selling securities. Floyd Mayweather does not appear to be a registered representative of a broker-dealer. He appears to have "engaged in the business of effecting transactions in securities for the account of others," the general definition of a "broker" under the Securities Exchange Act of 1934 [1]. He also appears to have received transaction-related compensation, the gold standard the SEC uses for identifying brokers under the Exchange Act [2]. We made these rules to ensure people selling securities, particularly those getting a commission for it, are incentivized to do basic diligence on what they sell. [1] https://www.sec.gov/about/laws/sea34.pdf https://www.sec.gov/about/laws/sea34.pdf § 3(a)(4)(A), page 4 [2] https://www.sec.gov/reportspubs/investor-publications/divisionsmarketregbdguidehtm.html https://www.sec.gov/reportspubs/investor-publications/divisi... Disclaimer: I am not a lawyer. This is not securities, investment nor any other kind of advice.

by avip 9y ago

Simon_says 9y ago

I would hope that Arieli or Diffie would understand something about the technology or its application. In other words, their support would correlate to the merits of the coin. On the other hand, Mayweather's advocacy correlates only with what he's paid. Worse, rumors are that he has some functional literacy issues. On the other hand, you're probably right. I'm just the target demographic to give undue weight to Diffie's opinion.

JumpCrisscross 9y ago

> He was offered $$$ for a gig and took the offer This doesn't fly when you're selling securities. Floyd Mayweather does not appear to be a registered representative of a broker-dealer. He appears to have "engaged in the business of effecting transactions in securities for the account of others," the general definition of a "broker" under the Securities Exchange Act of 1934 [1]. He also appears to have received transaction-related compensation, the gold standard the SEC uses for identifying brokers under the Exchange Act [2]. We made these rules to ensure people selling securities, particularly those getting a commission for it, are incentivized to do basic diligence on what they sell. [1] https://www.sec.gov/about/laws/sea34.pdf https://www.sec.gov/about/laws/sea34.pdf § 3(a)(4)(A), page 4 [2] https://www.sec.gov/reportspubs/investor-publications/divisionsmarketregbdguidehtm.html https://www.sec.gov/reportspubs/investor-publications/divisi... Disclaimer: I am not a lawyer. This is not securities, investment nor any other kind of advice.