RIP Brokerages.RIP big banks.RIP Robinhood

[Anonymous No.13333445]

Patrick Byre CEO of Overstock and Tzero is bringing in the heat.


Tzero is a blockchain, with a SEC registered brokerage.

If pension funds use Tzero as their brokerage, Tzero will do all of the work that a regular brokerage does. Except when Tzero lends out stocks and earns interest from shortsellers, Tzero will use DLR on FLO blockchain.

Tzero will pay a share of this interest to actual owners of stocks that are using Tzero as their brokerage.

The times of brokerages making free money off of all of their clienteles stock is over.

Do you really think that FLO blockchain will sit at $3million marketcap while Tzero/Overstock manages billions and potentially trillions of dollars worth of stocks and uses FLO as the base layer blockchain that registers all of the transactions?

Banks and brokerages are going to have no choice. Their clients will FLEE their services and go to ones like Tzero that actually allow the real owner of the stock to earn income that is generated by lending out the stock.

Wall street was created to add value to society, help companies achieve funding required to grow their business, and allow people to invest. Wall street unfortunately has turned into something disgusting and far worse. All that Wall street does now is milk money from the hands of investors, rich and poor alike. 45% of all profits of any company in the US are from Wall street. The same thing that came about to try and help people is instead robbing the citizens dry.
https://medium.com/datadriveninvestor/flo-tzero-and-how-the-dlr-aims-to-disrupt-5bd34634f928
https://medium.com/datadriveninvestor/flo-and-the-open-index-protocol-oip-530c8f0aa807
https://medium.com/datadriveninvestor/flo-and-the-open-index-protocol-oip-530c8f0aa807

[Anonymous No.13333453]

The problem isn't derivatives. The problem is that banks and brokerages are keeping all of the profit that they make from lending out stocks that aren't theirs.

Tzero will allow regular owners of stocks (like you and me) to get free interest (up to 8% a year!) on all of the stocks we own by lending them out to short sellers.

This is revolutionary and will be implemented on top of the FLO blockchain as a base layer. This chain is currently worth less than $3 million. MILLION not billion. Yes I said that right. If this thing 30x it is still less than $100million.

Oh,and by the way, If you think that the next bull run will pump your alt coins like XRP, TRON, BAT,ZRX, ADA that are sitting in the hundreds of millions or billions in market capitalizations, prepare to be FUBAR'd

There are a ton of blockchains with high potential that are sitting under 10M in market cap because of the recent bitcoin bear run. Those will be the ones who will replace most of the shit you see in the top 200

https://www.floblockchain.org/tzero/

[Anonymous No.13333501]

Interesting shill anon. You got me looking at least. The FLO roadmap doesn't really indicate any major goals that they are shooting for aside from website updates and meta projects

Maybe you can expand on it? Tell me more about the purpose of FLO. Whats their angle? Also, I don't see any info about the devs. Who are they? Where are they from? Credentials?

[Anonymous No.13333519]

>>13333501

$FLO (or Florincoin), one of the most undervalued blockchains in the space. One of the original 10 coins launched back in 2013 without an ICO or a premine and has partnerships with:

Caltech (California Institute of Technology) - has added its Electron Tomography DataBase to FLO Blockchain and IPFS
Overstock's tZERO project is storing proofs of trades on the FLO Blockchain
Overstock's Medici Land Ventures is using the FLO Blockchain to record property rights in a decentralized way. Medici Land Ventures just had a partnership with the World Bank announced the other day
Open Index Protocol is a standard for defining, publishing, indexing, timestamping, monetizing, sharing and claiming ownership of any digital content on the FLO blockchain

You can find some info about the dApps at:
flo.cash/dapps.html

There's also alexandria.io, a project that is aiming at replacing Youtube by storing data in IPFS and by using the FLO blockchain for building the index.

One of the head developers is Joseph Fiscella, an original bitcoin core dev. Other developers include Tron Black (creator of Ravencoin) and all of the medici devs who helped pump raven to insane heights.

[Anonymous No.13333523]

Or they go bankrupt first.

[Anonymous No.13333524]

>>13333501

Also interesting to point out is that Joseph Fiscella now works for the Crypto Hedge Fund "Galaxy Digital" which is owned by Novogratz.

FLO is such an interesting play because of its connections to big names as Tron Black, Bruce Fenton, Patrick Byrne, Novogratz, and more.

[Anonymous No.13333567]

>>13333519
The IPFS aspect is actually what is selling me on this coin right now, I'm hoping to base my folio around web 3.0 projects simply for the fact that I (and pretty much everyone everywhere) knows IPFS is the future one way or another. I'm drawn particularly to SHIFT due to its cheap price/supply ratio and its WORKING PRODUCT (which none of the other IPFS coins have AFAIK)

FLO is definitely another consideration. I like the relatively low supply...

I just need time to accumulate.

[Anonymous No.13333591]

>>13333567

Check these out then.

https://medium.com/datadriveninvestor/flo-and-the-open-index-protocol-oip-530c8f0aa807

https://medium.com/@valueprop/the-state-of-the-flo-q1-report-2253e7d9fc2e

By the way, this is Tim Berners Lee (the father of the internet) showing his appreciation for Alexandria.io, which was built on top of the FLO Blockchain and IPFS

https://youtu.be/D5owZMsVRX0?t=498


https://www.youtube.com/channel/UCwR-u1AGVYre-vBYskIklrg

https://www.youtube.com/watch?v=RZv7OmSvaNA

[Anonymous No.13333594]

>>13333445
Shitcoin.

Go post on r/cryptocurrency OP, no one buys that shit here.

[Anonymous No.13333603]

>>13333591
its on my radar, thanks anon. good luck

[Anonymous No.13333693]

>>13333603
You too broski.

I'll just leave this here. Patrick Byrne wrote a letter of support for FLO. https://www.wyoleg.gov/InterimCommittee/2018/S3-20181029LetterofSupport-PatrickByrneOverstock.comCEO.pdf
Also "Overstock.com Subsidiary Medici Land Governance to Develop Blockchain-Based Property and Land Information Platform with Teton County, Wyoming on FLO blockchain"
https://www.coindesk.com/wyoming-county-moves-to-put-land-records-on-blockchain
Medici Land Governance uses OIP (Open Index Protocol, which is a stack built on top of the FLO blockchain)

Buy FLO

[Anonymous No.13333719]

>>13333523
this is why it's heavily shilled these days. People want to exit the ship before losing all their investment.

[Anonymous No.13333729]

>>13333719
>>13333523

Overstock and Medici Ventures have multiple 100s of millions of dollars in funding. This jackass cucks above me are trying to fud/slander the project so that they can accumulate more.

FLO cannot be shorted. The only reason they would be so concerned with slandering the project is so that they can buy in cheaper.

https://www.globenewswire.com/news-release/2018/08/09/1549970/0/en/GSR-Capital-to-Invest-in-tZERO-at-1-5-Billion-Valuation.html

Full investment up to $404 million upsized from prior LOI on 29 June 2018, consisting of;

Up to $270 million in tZERO equity (at $1.5 billion post-money valuation)
$30 million purchase of tZERO Security Tokens from Overstock.com
Up to $104.55 million in shares of parent company Overstock.com common stock

[Anonymous No.13333750]

>>13333729
No, no. No one here is actually buying these tokens. I wish there was a way for you guys to realize no one on biz buys anything posted here (except Chainlink due to memes).

At what point do you realize posting this is a losing venture for time and effort?

[Anonymous No.13333778]

>>13333750
>project backed by hundreds of M$
>pls buy my token sirs

[Anonymous No.13333806]

>>13333778
>>13333750
Anons can read the articles and comprehend the facts. It's very easy to figure out which blockchain projects are legit and which ones aren't.

At what point do you realize that lying through your teeth is not going to stop anons from learning and researching lesser known projects that actually have REAL credibility and REAL use cases?

[Anonymous No.13333863]

>>13333719
>>13333523

Check it out lads. Even George Soros is backing FLO.

https://www.coindesk.com/blockchain-bonanza-overstock-gets-100-million-investment-soros-fund

[Anonymous No.13333982]

>>13333863
He already dumped on you retards haha
https://www.gurufocus.com/news/685880/george-soros-exits-overstock-gap-positions

[Anonymous No.13334032]

>>13333982
>Soros wants to dump his bags
>Needs liquidity to exit
>Creates communication campaign in February "Muh Soros bought!"
>Unload his position on retards providing him liquidity to exit
My fucking sides

[Anonymous No.13334081]

>>13333750

This is kind of what I envisioned happening with Chainlink too. Like FLO, they will release to limited adoption, moon a bit on speculation mostly (Just like FLO did last few month), then bleed back down into obscurity for a long time until they get their killer app, like tZero for FLO.
This is coming in JUNE.
Then other great applications will follow suit once the utility has been proven, and eventually a highly profitable ecosystem will exist.
This is why I sold my Link for FLO, because it's ready and getting adopted RIGHT NOW, I'll ride it for a while and probably sell one third for Link and one third for BTC.

[Anonymous No.13334091]

>>13333729
>This jackass cucks above me
lulz you sound like some ghetto eastern European thug

im good

[Anonymous No.13334098]

>>13334081
The summer news cycle will be good for sure. Lots of happenings based on OIP which is the crown jewel of flo

[Anonymous No.13334272]

>>13334081
>>13334098
Unloading at the top while you morons rush to buy. Absolute savagery.

[Anonymous No.13334392]

>>13334272
>>13333982
>>13334032
>>13333778
>>13333719
You do seem obsessed though...

[Anonymous No.13335403]

>>13333445

Marslander, fuck off.

>>13333501
Anon, Marslander is a predatory autist who comes on here daily to pump FLO so he can build liquidity and unload his massive bags. He has done this several times before and like an idiot came on here to gloat. A simple search of warosu will reveal more times this happened. He claims that people "slander the project" to buy in lower, but people here are actually just opposed to him and his direct attacks on the biz community. Remember, a guy who comes on here relentlessly shilling a coin may seem like a good guy but he does not have good intentions, only the desire to build the value of his holding and increase the number of buyers... so he can sell and have done so at a profit. Shills in this sense are ALWAYS worse than fudders because at least they can look like they are goodhearted. Marslander does this.

The issue at hand is that FLO is actually a good coin. But sell WELL before you think the top is in or else Mars will crater the price when he dumps. Take profits responsibly with this investment because there are people like mars involved who are using you for liquidity when its all overbought.

[Anonymous No.13335435]

>>13335403
>>13333445

BTW I was the first to call you out on this bullshit and I love that every time I take 2 minutes to do so in your threads, I expand the number of people on here who are wise to what you're doing. I barely ever have to write this stuff in your threads now because other people do it for me.