Dont tell me i didn't warn you

We famous now?

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Looks like an ugly manlet. Yazan is better, no homo

the first google search basically confirms that you are full of shit. fucking Jow Forums man, ridiculous....

I believed you user. Good on you for not larping.

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Because this is a downgrade from a banking license, which they probably won’t get if they keep the same shitty business plan they have now.

This

AFAIK, financial institutions deal with money directly by borrowing and lending with earning interest as their source of income while financial intermediaries exist to help financial institutions by facilitating borrowing and lending and earning their income through fees. So they are not one and the same.

>A financial intermediary is an institution or individual that serves as a middleman among diverse parties in order to facilitate financial transactions. Common types include commercial banks, investment banks, stockbrokers, pooled investment funds, and stock exchanges.

>Common types
I read the telegram. It isn't a banking license and because banks are also intermediaries doesn't make Jibrel a bank or a Financial institution. I'm trying to clear up what it is exactly are you are going full retard.

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9am wallets yesterday 7063
9am wallets today 7075 so thats a gain of 12, i moved one spot ahead in the ranking so not much changed
Bibox wallet has 7032945 coins 9 am this morning
same wallet had 7066328 yesterday, so they moved 33,383 coins in the last 24 hours
another wallet i have to keep an eye gate.io which has 18.3 mil and we'll keep updating this daily
in the last 24 hours bibox wallet sold 131480 coins and loaded 54809 coins back
gate.io wallet sold 29621 coins and loaded 32408 back
JNT is at the conference in Dubai going on today as Talal did a TV interview with an Arabic channel, plus the news from the TG about being licensed in Switzerland. I am more bullish than ever, even though holding this coin is boring and will be boring for a long time

HODL mutha fuckas, lets all get rich

i suggest you actually do some basic research then

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>All terriers are dogs but not all dogs are terriers

the absolute state of jibrel fudders

They are a legit financial institution.Talal said so in his first mention of it in the chinese wechat.Financial intermediary is a financial instituition.Bitcoin suisse also is a financial intermediary and also a financial institution, again clarified by talal.This is huge folks.You need to be legit as hell to even be considered for this.

en.m.wikipedia.org/wiki/Bitcoin_Suisse

>not understanding that just because something is x and y it doesn't mean they are xy in legal terminology

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It's strange you think it's fudding making a very plain statement that they are neither a Financial institution or a bank.

Talal on wechat

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Read above dipshit.They are now legally a financial institution in Switzerland.No ifs of buts.Its settled by the cofounder himself.

and there were never legal documents or texts presented in this discussion, only hearsay. so you are basically nitpicking on words from hearsay, like a real cunt who is desperately trying to seem very smart. just stop it

same goes to you. stop being so pretentious please

the absolute state of jibrel fudders!

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Easy example

>In the fixed income markets there are banks and bond brokerage houses that trade the bonds.

>Banks are classified as financial institutions. Banks carry inventory, issue new bonds and act as the middleman in trades for real money accounts and hedge funds.

>Financial intermediaries would be bond brokers. Bond brokers carry no inventory and only exist to facilitate trades between banks on an anonymous basis.

From my first google of 'Difference between financial intermediaries (and financial institutions)'. Google filled in the rest because it's something people ask a lot. You see they are an institution, and they are in the financial sector, but they are not (by finance terminology) a 'financial institution'. This may confuse you, because you're some random spastic shilling on Jow Forums and obviously not very intelligent, but if you want to be accurate do not say they are 'a financial institution', because they are not. Say they are a financial intermediary

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>holds funds from lenders
>make loans to borrowers (jbonds)
>unit trust (jasset, jcash)

But the roadmap was always to get this license first, then move on to full grade licenses later. So you are trying to FUD progress on the roadmap. Thanks for proving my point, brainlet.

This board is full of JNT bottom sellers....they fud in an effort to make themselves feel like they made the right choice. These threads are going to get increasingly more fun as JNT grows.

>putting effoet into being accurate on Jow Forums

i lmao at your life

This license implies legal jCash and jBonds. It will roll out next month. By end of May we will see around 15 million JNT locked up for the issuance of 3.75 million USD worth of jBonds. People will realize that 10% of circulating supply got locked up with another 245 million in investments still flowing in. Even brainlets like you will understand then. Screencap this.

I can feel the fudders who read this sweating from here.

i can feel it too, cruise control from here, cant wait til this makes me rich

motorcycle user here. it's clear the fudders are getting desperate. several of these clowns greedily sold the bottom thinking this would drop to 10 cents. unfortunately they're going to have to fomo back in at decent loss. if i were them i'd stop fudding jnt and start fudding btc, it's their only chance even though neither is remotely possible via shitposting on biz.

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>tfw I'm down to 10k jnt from 13k because I made some bad trades after I sold to ride other pumps

I literally got bogged

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Still sitting on 35k or have you increased your stack?

nigga you still here, i want to get in touch with you

i am here everyday, havent missed a day yet but sometimes i am busy so i post late. what up

for now i'm sitting on the current stack. need to get more fiat. if the motorcycle case settles before this hits 50c i'll pick up 100K and then lock it away for a couple years. my goal is to make at least 5M in crypto by EOY 2020.

Walletbro, do you have a telegram account?

never used TG

message me on telegram pls @DICKLICK

dont have TG, but ill be on here everyday til we are all rich

actually I derped I'm at 11k, I thought my buy order was filled

but still a loss is a loss

Walletbro pls, we need your wallet skillz, we’re after SEEDs wallet and some dank crydrs. Tokenization has begun and niggas are not even aware of it

store your coins in MEW and forget about it. Nothing else you can do really, forget about it and you'll be extremely happy in December in the middle of a bullrun

Ok walletbro. Thank you for your service, see you in some months

So why exactly is any of that a big deal?

I've owned Jibrel for a while now. Don't check the price often, just trying to forget about it for a few months. This is great news, and I won't waste my time getting into the terminology of the licence name like most of the anons here have. This is not the full banking permit but they aren't supposed to have that until later anyway. The fact that they've even gotten this speaks volumes. This is a legitimate project with strong institutional backing and advisors.

Are you familiar with the Jibrel network? Seeing the progressive realization of their goals is the best that we investors can hope for.

UNLEASH THE GAINS

When exactly will the rest of it be realized? I've looked into it and it seems like the timeline is a few months away for a lot of stuff.

Yeah pretty much q3 is when it all comes together.

That's the first step. A full banking license takes ages and crazy amount of money. Luckily the have SEED group money for liquidity and time shouldn't be an issue.

Comfy af

There lies the problem. Jibrel would need more capital to become a bank. Any liquidity provided by SEED would be an asset (cash) offset by an equal liability (customer deposits).

I don’t understand the use of mental gymnastics here. If Jibrel was a bank, wouldn’t they just clearly say so since it would be good news?

your post literally does not respond to the post you quoted