Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
I just read yahoo announcement.
The interesting part: "Although relatively new, cryptocurrency is shifting the economic paradigm and that is reason enough for traditional financial organizations to start taking this seriously," said co-founder and early investor, Stuart Fraser, Vice Chairman and partner, Cantor Fitzgerald, L.P.
Your take on this? I've seen this yahoo pr mentioned here, but no one seems to care about having Cantor as INVESTOR in GAW?
GAW case may scream of ponzi and scam, but what is Cantor Fitzgerald doing with Josh here?
Wikipedia says this for Cantor Fitzgerald:
Cantor Fitzgerald & Co. is one of 22 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees work in over 30 locations, including major financial centers in the Americas, Europe, Asia/Pacific, and the Middle East. Together with affiliates, Cantor operates in over 60 offices in 20 countries and has over 8,500 employees.
It looks like somebody with real financial muscle is supporting GAW. Somebody who is a primary dealer of U.S. governement securities. I don't know exactly what this means, but with QE1,2,N it may be someone with a few billions to spare. Somebody who already knows that those billions come exactly from where GAW coupons come after all: by typing on a computer.
And this somebody is going public through Yahoo finance. I don't think this has ever happened before with any coin, with the exception perhaps of Ripple.
That makes me stop and think for a while instead of liquidating all my virtual, coupon producing prime nothings today ...
The interesting part: "Although relatively new, cryptocurrency is shifting the economic paradigm and that is reason enough for traditional financial organizations to start taking this seriously," said co-founder and early investor, Stuart Fraser, Vice Chairman and partner, Cantor Fitzgerald, L.P.
Your take on this? I've seen this yahoo pr mentioned here, but no one seems to care about having Cantor as INVESTOR in GAW?
GAW case may scream of ponzi and scam, but what is Cantor Fitzgerald doing with Josh here?
Wikipedia says this for Cantor Fitzgerald:
Cantor Fitzgerald & Co. is one of 22 primary dealers authorized to trade U.S. government securities with The Federal Reserve Bank of New York. Cantor Fitzgerald's 1,600 employees work in over 30 locations, including major financial centers in the Americas, Europe, Asia/Pacific, and the Middle East. Together with affiliates, Cantor operates in over 60 offices in 20 countries and has over 8,500 employees.
It looks like somebody with real financial muscle is supporting GAW. Somebody who is a primary dealer of U.S. governement securities. I don't know exactly what this means, but with QE1,2,N it may be someone with a few billions to spare. Somebody who already knows that those billions come exactly from where GAW coupons come after all: by typing on a computer.
And this somebody is going public through Yahoo finance. I don't think this has ever happened before with any coin, with the exception perhaps of Ripple.
That makes me stop and think for a while instead of liquidating all my virtual, coupon producing prime nothings today ...