Quote from: yarik0409 on July 13, 2023, 01:17:56 PM

[...]
Well, I'm just wasting my time with you at this moment. Watch all the videos and if you still have questions ask here. You keep arguing with yourself, because not a single argument you presented relates to my project.

I'll take this as your answer for point number 5 and 6, so here's the complete reply for point 4, 5, and 6.

Quote from: yarik0409 on July 11, 2023, 09:32:38 PM

You didn't read my point 4. Read again pls. And then type again. I said I can reinstate the price to 100% in a day. Moreover, I wouldn't do it, because I wouldn't deplete all gold to reinstate the price. I never said I would. I said the team "can" use the gold to "stabilise" the price.

And even if I reinstate the price to 100% nobody can drop it a cent lower, because that will become the bottom price as everybody sold.

4. Ahh... so your gold reservoir are intended to... create a new... floor when a dump happen? And the stability here, who has the power to say, "this is the new price stability"? Who decide how many gold in reservoir to be sold to stabilize the price? Pretty much centralized, don't you agree? Further, how exactly should the holders feel their investment is secure with this concept? When the price plummeted, all you'll do is creating a new floor, the sum of fund they invested during the previous price --presumably not even ATH-- will have a good chance of being unrecovered. They'll have to wait, maybe good long years for the price to crawl back, or perhaps stopped climbing back up as people losing faith or got frustrated because the price is "stabilized" but their wealth depreciated greatly?

As for the case where you reinstate the price, how could it be impossible? Have you not considered a scenario of FUD-fueled dump? Especially as the FUDder knows your concept offers a promise where the price will go several points up. They buy, they dump, they create FUD, they buy some at certain low, create another FUD that drives the price lower, and you kicked in to "stabilize" the price, or even better, reinstate to its former price, and the cycle restarted.

5 and 6. [which answer was as quoted on the early part of this post] At this point, I feel like your answer started to became evasive. First, how could not a single of my argument relate to your project while all I asked is about the details of them? The plan for credit card is not related while it's on your whitepaper? The topic about scenario of possible dump is not related while it's a very possible situation of crypto? I don't understand where you got that idea. I can understand if you said that as a defensive basis of your evasiveness, though. Also, I can't help but think how hard is it to point out the exact video [you posted 10 videos of varying length so far] and the time if you're inclined to help me understand? Unless... you don't have it.

So, against my better judgment of spending my time at other things, as well as to prove myself wrong, I spent around one and a half hour listening to your videos, none are skipped, only set to 1.75 speed with pauses at some intervals to wrote a note about your explanation. The videos I watched are as follows:

1. 🔥Global Reserve Coin: The Ultimate Gold-Backed Cryptocurrency! 💰 Secure Investment & Game Changer 🚀
2. The Power of GRC: Marketing Strategies, Bitcoin Comparison & Building a Thriving Community! 🔥
3. (GRC) LIVE STREAM: Why It's a Game Changer 🔥 | Latest Updates & Promotions 🚀

The answer for my question, credit card and bank, can be found at video number 1, at around 29:35, where you explained your roadmap and got to the credit card milestone, of which your explanation was, and I'm doing everybody here a favor by saving their time by transcribing it for them, as below

"Global Reserve Coin credit card for crypto integration, at the moment, it's not possible just because there is a really strict government regulations and if we don't follow it or whatever happens if we like to push our own narrative, umm... even the sanctions, you know, stuff like that, like if I issue a credit card, people can't use it in Russia so I don't believe that's fair or in other countries as well because of the sanctions and stuff like that. So in the future, and I believe that's going to be very soon, when there's going to be a new world order, whatever you want to call it. Possibly opening a global bank again in the near future, but that's my belief in the bank where you, like, back in the days you can walk in, you can exchange GRC for gold or for whatever currency you want."

So, it'll be actualized when new world order come? Which you believe is going to be very soon, but for all we know can probably happen in decades to come? Where's this great details you're telling me? Am I watching wrong video? For the sake of giving you benefit of doubts, though, I'd ask you again to provide me the link to that video of explained in great details, because from what I watched, with the only explanation was "in the future" and "in the near future" it's rather ambiguous, perhaps even unclear. And that lead us to my sidenote on previous post,

Quote from: holydarkness on July 11, 2023, 04:18:19 PM

[...] how do exactly the global economy being monopolized by USA affect your company's legal status in Australia? Each country has their own regulation for legal bodies, irrespective of US govt. power, the downfall of U.S. of A won't likely suddenly make govt. in Australia, or their neighboring countries to be suddenly more decentralized or centralized. I don't think Australia will suddenly more proactive in adopting or suppressing gold-backed crypto because USD is losing its power.

I also find so many contradicting and questionable statements on your videos, and that's only from three that I watched. But let's limit the discussion to the points above and clear them before moving on others that's kept on my note. Thank you.