Post
Topic
Board Altcoin Discussion
Re: Attack On Worldcore: Who hides behind?
by
ValarCrais
on 29/09/2018, 08:31:10 UTC
The paidposters from the neighbouring thread keep on attacking Worldcore but nowdays less frequently and in a more clever way:

 

I don´t think that a Payment System like credit or debit card systems, PayPal or SEPA could be scam. Yet Worldcore isn´t a Payment System but a Payment Services Provider respectively a Money Transfer Institution based on crypto/blockchain technology. All companies with this background theoretically and practically have the potential for scam because this sector is poorly regulated and barely controlable. Now to the upcoming financial report: I´m curious if this one will be audited or not. Considering that Worldcore has already delivered a number of lies and fakes a non-audited one should be nothing worth - like the EY indicative valuation of Worldcore data from 02.10.2017 - not trustable.

And what is has to be said in a reply.
As you said POTENTIALLY every financial institution even the largest of the banks could be scam - there've been enough scandals to prove it, let's take for example JP Morgan or even The Bank of America or the latest one with a Danish Danske Bank. (Keep in mind that there's in the Nordics always supposed to be the lowest level of scams and corruption - in the world's perception, but shit happenned anyway!). And because the industry is barely regulated and lacks profeesional standartization Worldcore proving their business is transparent and real joins various professional industry associations uniting the major banks and paymnet systems, for example, ABE- EBA (Euro banking association - https://www.abe-eba.eu/about-eba/eba-members/ ). Being a member of the large respectable professional industry association is not the thing scammers would do easily because industry members professional assacitions are built and stand to develop, implement and protect professional standards and codes of conduct for their members - in return to researcher194 having said "this sector is poorly regulated and barely controlable".