I think it's pretty clear what I said: MicroCash does not exist, but when users deposit BTC to your exchange, you tell them they can "already acquire MicroCash on this site", which is not true. Semantic argument? Maybe. However, the fact is, there is no MicroCash currently, therefore, they are not acquiring any MicroCash through your site. They are in fact not even "acquiring MicroCash" when they deposit to the official BTC address -- they are holding a place for some future supply, at a promised rate... supply to be delivered in the future, not at time of deposit. I don't think this is a difficult point. If I say "deposit BTC to my wallet and I will act as your broker for 3% fee, returning your MicroCash to you once it's released", that could also be a true statement. It makes no logical sense to do that though, which is why I'm bringing up this issue at all. I think this is obvious from my statements as well as the common sense we're hoping our users to employ. (Again, I'm talking about if they simply want to obtain MC in the future.. this is not discussing the notion of trading on your exchange, which I think is a separate issue.) The next point is then that it's not just a 3% brokerage fee (in your case), this is a fee covering various service charges and also to allow you to have access to a surrogate MicroCash to trade right now (summary is mine, for the sake of this discussion). I am not commenting on whether that's "legit" or whatever. I'm not talking about trusting you to not be fraudulent. I've stated quite clearly that my concern is about stating that users are "trading MicroCash", which they are not, until MC actually exists. Until then, they are trading tokens that only exist on your exchange. In my opinion, that is what should be told to people, but that's just /my/ opinion. I'm not sure if I'd be supported on this opinion or not by anyone else, so I'm just pointing out these thoughts. You can tell people you're trading virtual ham steaks if you want and they are of course free to deposit BTC to trade virtual ham steaks. This is just me pointing out facts. I'm not making any claims or stating anything about my personal trust or whatever. I just personally think you're talking about something that is not currently possible: trading MicroCash. If you were talking about trading "MicroCash24 Tokens, which will one day be converted to MicroCash at a 1:1 ratio when it's available", then that's more accurate, in my mind... not "more accurate" though, "accurate". I fully understand that releasing something now will give you time to do testing and improvements, which is great. Why not just do that with fake tokens for a while until the kinks are sorted (if there are any, anyway -- seems like you might already have a functional bit of code.) ...but as I keep hearing from folks in crypto, everything is obvious and nobody needs to be told anything since they think for themselves. Since my name is currently attached to MC, this all matters to me very much to not leave it in the hands of guesses or assumptions. If I'm even tangentially involved, I'm going to stand up for the users as well as the devs, so that's what's behind my concerns. I'll fade back into the shadows now, as I am certain I've made very clear points on this subject. You've responded well to the core issues and for that, I appreciate it. I consider the community served by my comments, which was my only intent.