As for the tech behind it, I would definitely like to understand crypto
currency.

This may be more information than asked for, but here goes-
My post was originally strictly from the investment standpoint, after
getting a finance degree and working at a French investment bank in NYC and
some other lessons in the school of hard knocks.

Goldman Sachs investment bank was recently announced to have started or
planning to start a crypto currency trading desk.  Our Treasury secretary,
Steven Mnunin, is a Goldman Sachs alumnus- quite an inside connection for
Goldman.  And a crypto currency futures market among big banks like JP
Morgan is also in progress.

The long and short of that is the value of the crypto currencies is heavily
manipulated by these big banks- to their advantage to the everyday
investor's disadvantage.

Related sidenote:  the NYSE was sold a few years ago to a  group of
'unspecified German investors', after merging with Euronext, under the
auspices of another Goldman Sachs alumnus, John Thain, former right hand
man to Goldman CEO Hank Paulson who was the last treasury secretary under
president GWB.  John Thain then took over at Merrill Lynch and together
with treasury secretary Paulson orchestrated the $50 billion sale of
Merrill to Bank of America.  Before Clinton left office, his treasury
secretary was Robert Rubin, previous CEO of Goldman Sachs. Rubin is the
current big wig at Citigroup.

Donald Trump spoke out against the NYSE sale at the time and now as
president he still couldn't do anything about it if he wanted to, neither
could our congressmen.

We little people have no protection or recourse when the fat cats take our
money in the stock market, even less so in the crypto currency markets.  No
government agency or official in America has a clue as to the daily  goings
on in our financial markets.  It's all behind closed doors.

Hope this information is of some benefit to someone.
  M


 Hi

On Feb 15, 2018 20:18, "Greg Donald" <[email protected]> wrote:

> On Thu, Feb 15, 2018 at 6:57 PM, Richard Thomas <[email protected]>
> wrote:
> > I never thought I'd see such techno-luddism come from this mailing list.
>
> Think again!
>
> > I'm
> > not going to do any kind of pitch but if you're interested in tech to any
> > degree,
>
> Nope, not even a little.
>
> > you owe it to yourself to check out what's happening in the
> > crypto-currency space (and I don't just mean all the bad BS).
> >
> > rich
>
> https://www.theverge.com/2018/2/15/17017374/coinbase-
> cryptocurrency-bitcoin-ether-unauthorized-charges
>
> https://www.bleepingcomputer.com/news/cryptocurrency/loopx-
> startup-pulls-ico-exit-scam-and-disappears-with-4-5-million/
>
> You mean how people are getting ripped off, that 'bad BS'?
>
> Not the venture capitalists you're looking for.
>
>
> --
> Greg Donald
>
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