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Re: getmoreshares post# 149137

Friday, 02/16/2018 10:35:05 PM

Friday, February 16, 2018 10:35:05 PM

Post# of 157003
That news, I read and understood it. But whoever thinks or says that GOIG is trying to "define itself within the cryptocurrency market" is wrong because that's not what's happening.

Apparently, what you don't understand is that GOIG's new business model is not about and not dependent upon cryptocurrency at all. Instead, it is dependent on blockchain. Bitcoin and all other cryptocurrencies are just ONE APPLICATION of (i.e., one way of using) blockchain technology. There are currently hundreds of different applications of blockchain, and this number will greatly increase as more people understand the architecture and the benefits it offers, and come up with new uses of it. Smart Contracts are another application of blockchain, and they are what will be defining and enforcing the transactions on GOIG's energy trading platform.

That company update news in Jan you mentioned (https://www.otcmarkets.com/stock/GOIG/news/GoIP-Global---Corporate-Update?id=181535) says nothing about GOIG planning to use cryptocurrency for anything. I suggest you read it again, and specifically the excerpt below:

"The Company formally announced they will be embarking on ventures related to the Internet of Value (IOV); this encompasses the use of technologies that enable the instant exchange of value transactions like currencies, notes, securities, intellectual property, music, scientific discoveries and more without intermediaries, similar to how information is exchanged across the Internet today."

It says "the use of technologies", and that technology is...BLOCKCHAIN. It goes on to generally say that this technology enables blah blah blah, and guess what...those are the applications that BLOCKCHAIN makes possible, and one of those is "currencies". It does NOT say that GOIG is going to be using these (crypto)currencies. See where you got it wrong?

Cryptocurrency carry MONETARY value that can be used now or saved as in investment. Energy tokens carry ENERGY value that can be used soon (when GOIG's partnership with energy providers is up and running) or saved as an investment. They are similar in concept but with totally different purposes. So to tell GOIG investors to "trade fast-do not give him (Ike) the chance!" just because the SEC is cracking down on Bitcoin is just ignorant. There no relation between the two.



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