Attack FUD Through Transparency

Former U.S. Supreme Court Justice Louis Brandeis once wrote that "sunlight is the best disinfectant."

Old Bitcoin was fair launched at the end of 2022 as an ERC-20 token on the Ethereum network. Old Bitcoin is intended to recreate Satoshi's original vision for Bitcoin.

The token has 21 million supply. The liquidity for the token is locked. The Old Bitcoin contract is renounced. The contract imposes a 2% buy and sell tax. The proceeds from the tax are returned to the Old Bitcoin Deployer which can be accessed at this link:

https://etherscan.io/address/0x7af0964f4ae3213630464b318d4eb4459140f6b4

Old Bitcoin saw a tremendous rise in early January 2023, hitting an all time high of over .30 cents on January 3, 2023. Since then, the token has retraced, which is typical for most new projects after launch.

The token has recently been the subject of manipulative attacks by third parties on CoinMarketCap and elsewhere. Some of the attacks include claims about the misuse of funds by the Old Bitcoin team.

First, the Old Bitcoin Dao is extremely appreciative of the entire Old Bitcoin team. The Old Bitcoin TG chat is always lively, and the core Devs, Nakamoto and Michael Saylor have been present and are working on numerous things to push the project forward.

However, because of the aggressive FUD campaign against the token, the Old Bitcoin Dao believes we need to attack the FUDsters just as aggressively--but with transparency to address their lies, fear, and efforts to manipulate the token's standing.

This proposal, if passed, requires the establishment of new wallets by the Old Bitcoin team to further highlight the project's commitment towards transparency.

Specifically, if passed, the following ENS domains will be registered and associated with new, individual wallets. The purpose of each wallet is described below.

If passed, the proceeds from 2 percent buy/sell tax will be transferred by the Old Bitcoin team from the Old Bitcoin Deployer to one or more of the below wallets before payments are further distributed elsewhere.

1. oldbitcoinmarketing.eth - This wallet will be utilized to pay for marketing by the project, which includes payments to web designers, print marketing, and other core marketing activities.

2. oldbitcoinvendors.eth - This wallet will be used to pay advertisers and influencers.

3. oldbitcoinoperations.eth - This wallet will be utilized for payments to Old Bitcoin team members, excluding the core developers.

4. oldbitcoindevpay.eth - This wallet will be used for payments to Nakamoto and Saylor, the Core Devs.

5. oldbitcoinlp.eth - This wallet will be used to provide additional liquidity to the Uniswap pool for the Old Bitcoin token. The Old Bitcoin Dao realizes that Old Bitcoin Deployer is currently used to add LP to the Uniswap pair, but the DAO believes having a designated wallet for this purpose provides greater transparency.

6. oldbitcoinmexc.eth - This wallet will be used to transfer ETH to the MEXC exchange for the purpose of buying back Old Bitcoin tokens at MEXC. Purchased tokens at MEXC from ETH transfers will be returned to the oldbitcoinmexc.eth wallet. The purchased tokens can then be used for adding LP to the Uniswap pair, raid payments, the Old Bitcoin faucet, along with other marketing activities.

Please vote below on whether to approve the establishment of the aforementioned new wallets. A "yes" vote includes your approval to use these wallets for the described purposes.

1 - Yes. Register the new ENS domains and wallets. Use the wallets as described in the proposal.

2 - No. Do not create the new wallets.

This proposal will be subject to a 24 hour vote. If approved, the Old Bitcoin Team will implement the proposal no later than Tuesday, February 21, 2023 at 10AM UTC +0.