Quote from: Herp on January 29, 2014, 12:34:55 PM

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The underwriting part was interesting, guess it means expanding into security exchange business, which they've already hinted here a few times. They might become the first fully legit Bitcoin stock exchange. If you recall during the Max Keiser show, the CFO of University of Cyprus talked about creating a Bitcoin security exchange in Cyprus, one that would be fully compliant. Cyprus as the Bitcoin financial center of the world or of Europe at least. Could be big.
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Quote from: mainline on January 26, 2014, 12:03:12 PM

"We also made it known that we are actively working towards acquiring an active stake in a traditional licensed bank to reduce counter party [sic] risk." -Danny, reddit.

"...And, in order not to be victimized by meat packers, he bought controlling interest in an Indianapolis slaughterhouse. In order not to be victimized by steel suppliers, he bought controlling interest in a steel company in Pittsburgh. In order not to be victimized by coal suppliers, he bought controlling interest in several mines. In order not to be victimized by money lenders, he founded a bank.

And his paranoid reluctance to be a victim caused him to deal more and more in valuable papers, in stocks and bonds, and less and less in swords and pork. Small experiments with worthless papers convinced him that such papers could be sold effortlessly." -Eliot Rosewater