[trader220]

The fact that someone would freely admit that they "sold everything" to invest in one single issue speaks volumes about their knowledge base with regards to the global capital markets. Beyond that the SWIFT system does not take "days". Even further mentioning 100 banks as if thats some significant number is scary. 100 banks is a pittance, a microscopic number when compared to the number of banks on the planet. Additionally there is no real mention of the size of those banks or what sorts of "testing" they're doing with the system.

I am trying not to make this personal, I apologize. My thought is this...selling all your assets and buying into 1 singular asset is a very dangerous play. I just think its a dis-service to this community if that fact is not pointed out. My opinion is pretty clear, I would be very weary of commodity or coin which is backed by nothing.