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28/03/24
01:49
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Originally posted by vivRookie:
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Good points. imo Datt is in it for a LT game. Has both invested a nice few million and got himself on the board. That's not for short term sale unless a substantial offer comes up. My guess is that at this stage they are after growth. New CEO has only had a few months after the previous disaster. One avenue for growth would be to re activate the Bitcoin plantform idea. They stopped it a year ago due to problems with the bank due to hold the account and due to the panic over BC platforms. That panic is now over and GC is zooming. Seems logical to resurrect that avenue.
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I think Crypto is done. Re-valued to 0 permanently, because the government don't want share brokers offering crypto on the same platform. So maybe a $1-2m mistake. Some of the banks likely made 'blockchain' fad mistakes, and we had ours, developing crypto when the government wouldn't allow it. Are there any other brokers offering crypto? Maybe crypto ETFs at the most, and Super SMSFs.