Joe, nice write up.

Whilst many of us are not sure about much of what you address in this article (including me), it is necessary to make a few comments to ensure a balanced discussion.

You're a smart, articulate guy. There's no doubt about that. You have a talent for amassing a following and building anticipation by getting people excited about what you have in store. This is valuable skill that we've also witnessed in your tweets as @joxed and @ceojrh (now changed hands) some years back when you launched your penny-auction website www.joxed.com.

However, by involving yourself in cryptocurrencies, you are now directly playing with people's hard earned money. You thus have accepted much responsibility and people must know you are trustworthy. They will seek proof of this. You cannot expect anything otherwise.

Hence you can imagine our surprise today to find evidence of deceitful behavior and manipulation by you in your recent past. I suspect this is what you meant by "I make mistakes", but it is a pity it took a community of truth-seekers blasting evidence across Twitter to make you realize you were wrong.

Perhaps innocuously, you have spruiked your BitcoinSachs identity in the third person using your real name Joe Henderson on Coindesk (http://www.coindesk.com/top-20-bitcoin-related-twitter-accounts & http://imgur.com/wzHWQ7e). Your comments include: "He is credited / blamed for causing a total of $1.2B (USD) in price change" and "Love him or hate him, the guy has this kids eating out of his hands. It's hard to argue impact.". Hardly trust building for your role in Zetacoin.

A CNN iReport article was also discovered from last year, written by one BitcoinSachs (submitted as an external source) claiming that BitCoin had just become the official national currency of Zimbabwe (http://imgur.com/ipXdmBh). Evidently this was what you had boasted on Coindesk about in the third person as causing the price to "soar from 70 to 166 after it was published and tweeted" (http://imgur.com/wzHWQ7e). Making a coin's value move significantly based on lies is just deceit, plain and simple. It is not smart. It is not honorable. It affects real people.

Most troubling are the parallels between your fake Bitcoin Zimbabwe story, and your current Zetacoin Kenya story.

It also appears you tried to pump Zetacoin on Reddit using the sock-puppet name "7rosa" (http://www.reddit.com/r/CryptoCurrency/comments/1vxet3/mates_i_found_an_opportunity_to_exploit & http://imgur.com/D0bLYvr). Your highly troubling comments include: "Mates, I found an opportunity to exploit" and "Who is really prime for massive pump?". Do you deny that 7rosa is you? Then why has this account previously boasted about your comedy videos on Youtube (http://www.youtube.com/channel/UCkFCkKJxWU4Q3n6YlaUkmwA), which are uploaded using your real name Joe Henderson? And why has 7rosa submitted direct links on Reddit pointing to this bitcoinsachs.us site? It is without a doubt that 7rosa is you, but you continue to deny this, which unfortunately makes you look stupid.

An ex-partner of yours also surfaced publicly on Twitter today, claiming your penny auction site www.joxed.com was a scam and that you are 'money hungry'. I was uncomfortable with this when I read it and I acknowledge this could be out of spite, but her anonymous words are here http://imgur.com/dL9tmZc. By the way, Max Scheisse and I are not one and the same (and Max needs to be credited with doing some amazing sleuth work).

Many concerned crypto-pioneers are rightfully very worried now that they may have invested their hard earned money into something tantamount to a pump-n-dump scam. You cannot blame them for this.

You cannot also pretend to have been 'attacked' when it is your own history being uncovered. Your positioning of yourself as a hapless victim is even more intriguing when you freely admit to being a trouble-making troll using other twitter accounts likes @storytimejoe (deleted just a few hours ago). Hypocritically, you have made comments like: "I guess I'll chalk that up as a twitter war victory. Lame joke + my retort + their retort + my hammer = they delete and ban. #victory". Ironic isn't it?

Some netizens are so worried about the future of Zetacoin because of your history, they have already written it off. I am not so quick to judge, as I think you and the team have done some amazing work thus far and it could (read 'could') have a very bright future as a transactional system to accompany Bitcoin's 'gold' status. This is an AMAZING opportunity. You/we could change many people's lives for the better, forever. Please do not squander it over arrogance, narcissism and hubris.

In my opinion you really need to turn things around and restore confidence. Some people think you are an outright con. If you want my advice, you need to immediately clean up your act and stop the delusional rants and pretending you're being attacked. Confess to everything you've done wrong (some of which is detailed above) and make sure it is righted by honest future actions. People in the crypto community are very forgiving and you still have much goodwill.

You should also stop being so cryptic in future. If 'big news' isn't ready to be released, keep it a secret until it is. Don't build baseless hype as it offers no value and detracts from goodwill through instability. But this Africa news is already hyped to high heaven, so let's hope it is worthy of the build up. A simple proof of Konen being in Africa would do a lot to allay fears that Zetacoin is a scam.

At heart you're a great guy with the best of intentions, we can see that. You CAN turn this around. Zetacoin CAN thrive to become a resounding success without sock-puppet accounts, false reports and turgid hype!

Meanwhile, I will continue to try and make people laugh, as that's what I like doing, similar to your other Twitter accounts. I'm glad you recognize you're now a public figure, as that comes with some punches including parody, as you well know ;)

Good luck and also keep up the comedy. I would like to see your ComedyCentral show and movie someday.

ZET FTW!