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Re: GAW / Josh Garza discussion Paycoin XPY btc.com Bitcoinist. ALWAYS MAKE MONEY :)
by
Buckeye2015
on 15/05/2015, 15:18:29 UTC
Meanwhile, Cantor Fitzgerald's only involvement is that someone who works for them was a mark for a con man.

I don't see it that way... Stuart Fraser and Josh have a bunch of companies together... like nearly 10? running back to at least 2010.. Fraser is in no way a 'mark' for Josh. And if Fraser was willing to use his corporate identity to backup that 100 million dollar CAF lie, then it is a Cantor Fitzgerald issue too because it was Cantor Fitzgerald that lent any credibility to what Garza was saying. If any idiot off the internet started claiming that they had 100 million dollars lined up to invest in a new alt-coin, they would have been blown off as a bold faced liar because alt-coins make absolutely NO sense on any level what so ever as a financial investment. They make sense as a technology and as a community thing... but not as a financial investment and certainly not as a 'we're gonna take over global financing' shit like was claimed about paycoin.  EVERY clone-coin out there going for currency status rides like a leach on the back of BTC. What financial investor is going to put up millions for something so stupid without checking it out? Without having one of their tech savvy friends check it out? BUT, Garza had the Cantor Fitzgerald name behind him and that sold the scam. Without that name, Garza would have been laughed out of ever forum on the Internet (including reddit!).

So, my opinion is that Stuart was in no way a mark. Yes, his is not a bright man, but that doesn't qualify him as a mark. I think he knowingly hitched his wagon to Garza well over five years ago. Now, if that's because he's love struck or because he's that overwhelming stupid... it doesn't matter. Their AUK wireless had only a couple hundred unhappy customers... Fraser had to have read the articles that claimed it was a national company.. so he went along with the scam and he should be right next to Garza in the interrogation room.