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RE: This Just In -- Global Blockchain Technologies to Partner With SteemIt -- 20 Million Fund To Be Created

in #cryptocurrency7 years ago (edited)

Call me skeptical but BTC is owned by Global Arena Holdings, who at least seem to be prepping for some serious patent trolling and at worst, may be owned by big banks and concerns with a less than rosy interest in blockchains. It's news for sure, but good or bad remains to be seen. At a glance, I can see why everyone is all chipper and excited, but smell again. Does 20M seem right to you, when Ned alone is worth nearly 30% of that? It's not much money for the piece they got, but it gives them a lot of control, over what, the broken steemit site and SMTs? I suspect they came for the patents that fit in with their other ones and this has suspect future written on it for me, for now, without much more analysis than a quick googling and a gut feel for the thing, based on the low price and the particular concern making the investment.

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Global Arena Holdings is a completely different and separate company from Global Blockchain Technologies. The latter trades under the ticker BLKCF and the former under GAHC. If you feel like doing some research check out the board of directors for BLKCF.

https://investorshub.advfn.com/Global-Blockchain-Technologies-Corp-BLKCF-32642/

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