Post
Topic
Board Securities
Re: MPEx securities discussion thread
by
jimmothy
on 07/08/2014, 21:08:45 UTC
You miss the point of PGP / GPG. First: it probably won't be useful in the future, cryptography moves and advances. Nonetheless, GPG as it is used today is NOT use primarily as a means of encryption. There are plenty of tools that are more performant, more efficient, and arguably more cryptographically secure. GPG's primary purpose is a means of confirming one's identity.

That's what I thought it did. Is there currently a problem with people forging/using fake identities that I'm not aware of?

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PS. You seem to be a fan of hyperbole, especially with your NYSE comparison.

Where is the hyperbole? An mpex trading license is literally 30 million times more expensive than the NYSE.

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Ironically you fail to take the effect of time into your puerile vitriol. By comparison: if a competitor to Facebook sprung up 2 years ago, would it have 1.32 billion active monthly users by now?

You mean like google+? 3 years old and already half a billion users.

How long do you think it will take before a legitimate company lists on mpex? (Not talking about one man operations or MP co-owned companies)

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Comparing an organisation with nearly 2 centuries of history with one that has been around for only a few is silly and beyond idiotic, especially since the global paradigms they are operating within are so vastly different.

How do you explain the fact that mpex is asking half of what the NYSE is asking for a trading license yet is several million times smaller in both market cap and trading volume?

Why can't mpex pretend to be like the NYSE without a referral scheme and with less exorbitant trading license fees?