RE:Bitgold Hiring....trustee9 wrote:
Bitgold is hiring a CSR....Customer Success Representative that is fluent in both Mandarin and English. This is going to be a China growth story...
No, not so fast, it is not likely to happen in China any time soon. I would imagine China will ban Bitgold like they have banned Bitcoin...According to news reporting, one of the largest stories in the Bitcoin universe in February 2015 was the MyCoin pyramid scheme in Hong Kong which defrauded a number of very high rollers; people who were investing millions of US Dollars each. This created a reported cache of almost US$400 million before the computer bandits made their getaway. MyCoin in Hong Kong was formed by way of a backdoor listing. Also known as a reverse takeover, it’s when a closely held company gains listing status by taking control of a publicly listed entity. Mycoin was a scam & a pyramid scheme. Bitgold is also planning a foreign listing in Hong Kong or Singapore in the future. I think it is not that easy due to the bad press there. Likewise, in Singapore, the Coroner's Court found that the American CEO of First Meta, a virtual currency exchange, committed suicide earlier this year. First Meta offers an exchange where users can buy and sell virtual currencies such as the troubled bitcoin.