I will have a detailed read of the 'white paper' later - first glance it looks like a simple Word document written by a university assignment group. I then see Cayman Islands - oops caveat emptor.
I am sure some of you guys have the odd crypto play for fun - if you open up any of the crypto platforms you will see hundreds of listed cryptos. Up and down they all go every day but apart from the obvious bitcoin and ethereums of this world and a few more what exactly are these virtual funny money things? What I am figuring out about cryptos is they are very volitile - basically gambling - there will be survivors but like every market down through the centuries only a few will really survive at the end of the day. The dot-com boom comes to mind. Beware troops.
It is worth digging (no pun intended) to find out who exactly these Bullion FX characters are and what exactly that they do. Beween us all we should figure it out. As regards TNR's connection the whole thing is best ignored until such time as something real happens. Any ideas on what any potential maximum dollar loss (if any) to TNR could be if the Bullion FX story does not work out? I still am a bit confused on what the whole game is about between B-FX and TNR. It is a good idea to know how much you can lose before you figure how much you can win. On a more real-world level todays announcement was very good.
Are Bullion FX just another crypto or what exactly are they - that is the question
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