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Second Look At SEC Honcho Clayton's Crypto Perspective .....

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planetaryfuture   Tuesday, 07/14/20 10:45:02 PM
Re: lesgetrich post# 21572
Post # of 21651 
Second Look At SEC Honcho Clayton's Crypto Perspective .....

I listened again with this November 28, 2018 interview .... of SEC Honcho Jay Clayton's interview ..... to see how he "wanted to be seen" ..... as a defining regulatory force ..... impacting digital trading Corporations related to BITCF ..... and "Blockchain Technology" .....


My post from January 2, 2019 follows .....


My personal belief concerning the halt of BITCF trading had actually been to prevent "cataclysmic losses" for "special interests" who had "brazenly shorted" the ticker ..... despite cautionary WARNINGS to Investor's issued by First Bitcoin Capital leadership ..... at a time when a multitude of interested "parties wanted to accumulate" ..... There must have been a lot of margin calls when the share price appeared to be rapidly heading toward $3 per share ..... pushing forcefully into "overvalued territory" .....

Plus ..... there had been a proposed dividend offering of a so-called "Tesla Coil Coin" to all Investor's of record ..... which FINRA fell short of approving ..... if my memory serves me .... The coin had nominal intrinsic value ..... clearly stated by BITCF leadership ..... but something would surely have happened after First Bitcoin Capital Corp Investor's took possession of millions of the "tokens"..... and had been set-free to trade them .....

BITCF leadership has stated more than once that those same TESLA tokens have been placed in escrow ..... in case the offer ever sees the light of day ..... somewhere down the road ..... I saw the offering more like a future "Hope Chest" for Investor's with "skin in the game" ..... capriciously placed into a "straight-jacket" by seeming "Byzantine-Era regulatory awareness" ...... concerning the evolution and practice of cryptocurrency trading ..... at that particular juncture of history .....

And now the BTZI 1-4 stock incentive may be a practical solution toward "balancing the dividend ledger" ..... so to speak .....

Also ..... I see the transfer of BITCF assets as a remarkably brilliant business solution while "enthroned regulatory interests" continue to "stall endlessly" by way of intentionally "obstructing the process" ..... of "an eternally hoped-for" ..... "Free Market" ..... Never functionally intended to be FREE or OPEN !!! ..... in truth !!! ..... though BTZI currently trade's on the OTC ..... along with another German exchange .....

A positive common-sense shift ..... as far as I can determine !!! .....

Best Wishes

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