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Aimia Inc T.AIM

Alternate Symbol(s):  T.AIM.PR.A | AIMFF | T.AIM.PR.C | T.AIM.PR.D

Chemicals Specialty Chemicals
Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.


TSX:AIM - Post by User

Aimia Inc
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Comment by justbull4uon Nov 20, 2017 12:10am
125 Views
Post# 26994020

RE:RE:RE:RE:RE:RE:Cryptocurrency

RE:RE:RE:RE:RE:RE:CryptocurrencyTo: "mikebarq"...you are correct...this Aeroplan CryptoCurrency is beyond you!   As soon as I stop laughing at your comments...I will provide a response to your questions...


mikebarq wrote:

 

justbull4u wrote: IIn the case of Aeroplan, the pivot needs to be towards cryptocurrencies...and the revolution that Bitcoin has started.  Bitcoin is flawed as a cryptocurrency (exists and used for all the wrong reasons) but is hugely popular because there is a strong market demand for cryptocurrencies.

Either Aeroplan pivots towards a cryptocurrency model and remains relevant in the future...or...it can join Blockbuster, Kodak, Sears etc. in the business scrap heap


Bitcoin is not hugely popular not because there is a demand for cryptocurrencies... but because there is a demand for equities that return 800+%.

 

Have you ever used a crytpocurrency such as bitcoin for the actual purpose it was intended?  The technology is interesting, but currently it's like dial vs. broadband.  Transactions can take literally hours to be verified - so the only positive is the fact that transactions are anonymous.  Not to mention the fees involved / gas tax etc...  you might as well just send an Interac transfer and move money instantly for a dollar.

How all this applies to Aeroplan or how it would affect their business going forward is beyond me and I like to think I have some understanidng of crypto having owned/used many forms of it as well as traded it.

Tell me what advantages a cryptocurrency would offer vs. the current system of simply redeeming digital "points".  Heck, they could just rename points to "aeroplan coins", says it's an alt-coin and 99% of collectors wouldn't know the difference.



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