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Alias Born | 09/27/2011 |
Thursday, October 17, 2019 12:35:22 AM
For me ..... the language in the "proposal" sounds too much like low-performing derivatives trading in the Mortgage arena designed to "lather-up" and pull-in International participation with an accelerated pulse ..... due to the inherent nature of blockchain-technology .....
It might be potentially beneficial if the business model of the proposal could bring clarity and some semblance of order to the allegedly ..... currently practiced ..... unregulated "scam-prone-circus" of derivatives trading ..... which apparently has a notional value estimated to be approximately $147 trillion dollars ..... which I personally sense may be a "fire-storm" poised to break loose once more ..... as interest rates continue on a downward track ..... and credit card debt rises .....
To refresh my memory ..... relative to the Financial Meltdown of 2008 ..... I set aside approximately four hours to review the Four-Part documentary FRONTLINE SERIES covering this historic financial crisis .....
PART ONE follows ..... though I highly recommend digesting the full series .....
https://www.pbs.org/wgbh/frontline/film/money-power-wall-street/
Once I began listening ..... I became fascinated by the detailed reporting which I found difficult to disconnect from ..... so I completed the informative and alarming series ..... same day
Anyone else following suit ..... will likely notice the way the language describing the Financial Meltdown of 2008 ..... corresponds with the language used in the BITCASAS, INC ..... "Memorandum of Understanding" ..... First Bitcoin Capital Corp ..... intends to become involved with .....
So quite naturally ..... I have become concerned about what I am hearing .... relative to my limited understanding .....
This appears to be the best time to ask some "tough questions" in pursuit of obtaining more "clarity" and discerning possible potential unpleasant consequences relative to the particular nature of this BITCASAS, INC proposal ..... with low-performing mortgages ..... touted to be sound investments .....
The best thing about an MOU ..... in my opinion ..... at least ..... is that it is yet to become a DONE DEAL !!! .....
Best Wishes
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