Spend about 6 minutes of your life and you'll understand where GAW is going:
https://www.youtube.com/watch?v=Bs5BFSvzBPUSome old guy gives an update about the state of GAW... they talk about getting crypto mainstream by going through the banks and WONDERFUL organizations like the Chamber of Commerce
This statement sums it up for me completely:
"We want to be the business that banks want to do business with" or something to that extent.
What I take away from this is:
- GAW is getting out of mining
- GAW actually has investors other than his dad-in-law involved now that have devised this partnerships with banks idea
They probably will get investment money from people who hear the sexy cryptocurrency term but are reassured by things like regulatory compliance, working within the system, etc...
I just scratch my head at the people who are supporting this... they really must be very new to crypto... because to me, those first few minutes of the video have nothing to do with what i think (and most think) crypto is about... BTC might have problems, but being butt buddies with the banks isn't one of them.