December 2013? And... this isn't a bank at all, is it?
No, it is not a bank.
Topic: GREENBANK in Canada launched bitcoin subsidiaries (Read 2409 times)
No, it is not a bank.
Green coin sounds very interesting, I'll be keeping an eye on it
December 2013? And... this isn't a bank at all, is it?
Greenbank is a tiny little fly-speck town in Ontario. I thought that the convenience store / bakery there was expanding. Pfft. 
Smaller banks like this are going to offer bitcoin-related services to try to get a competitive advantage over the larger banks, and then it will be a case where nobody wants to be left behind.
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It doesn't look like it's a bank... can anyone confirm?
Smaller banks like this are going to offer bitcoin-related services to try to get a competitive advantage over the larger banks, and then it will be a case where nobody wants to be left behind.
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Wow, googled the bank, this comes up http://www.greenbankcapitalinc.com/tag/bitcoin-investments/ 
"GreenBank intends to make a private placement to accredited investors of up to $5,000,000 Debentures with conversion rights into 90% of the common shares of Bitcoin Canada and Bitcoin Angel"
Not bad.
"GreenBank intends to make a private placement to accredited investors of up to $5,000,000 Debentures with conversion rights into 90% of the common shares of Bitcoin Canada and Bitcoin Angel"
Not bad.
GreenBank Capital Inc. (CNSX: GBC) announces that it has launched two new subsidiaries to invest in Bitcoin and Bitcoin startups. GreenBank believes that it is the first public company to establish a presence in Bitcoin, which is a completely decentralized digital cryptocurrency.
The two subsidiaries are Bitcoin Canada Investments Inc (“Bitcoin Canada”) which will invest exclusively in Bitcoin, and Bitcoin Angel Capital Inc (“Bitcoin Angel”) which will invest in early stage Bitcoin and other cryptocurrency focused companies. The management of GreenBank intends that a proportion of both Bitcoin Canada and Bitcoin Angel will in due course be spun off to GreenBank shareholders by way of a plan of arrangement, at which time they will make application for a public listing of their common shares on the CNSX. GreenBank has entered into management agreements with both companies to manage the Bitcoin investment portfolio for a fee equal to 10% of portfolio appreciation.
The two subsidiaries are Bitcoin Canada Investments Inc (“Bitcoin Canada”) which will invest exclusively in Bitcoin, and Bitcoin Angel Capital Inc (“Bitcoin Angel”) which will invest in early stage Bitcoin and other cryptocurrency focused companies. The management of GreenBank intends that a proportion of both Bitcoin Canada and Bitcoin Angel will in due course be spun off to GreenBank shareholders by way of a plan of arrangement, at which time they will make application for a public listing of their common shares on the CNSX. GreenBank has entered into management agreements with both companies to manage the Bitcoin investment portfolio for a fee equal to 10% of portfolio appreciation.
Just as Canada declares Bitcoin a form of money, the banks start to get their fingers on it. But I concur, it's a good thing. We need more development among those lines! Godspeed Canada!
You realize what you quoted is 8 months old.
but theres ben recent developments so this thread was updated rather than just starting a new one.. keeping things organised
GreenBank Capital Inc. (CNSX: GBC) announces that it has launched two new subsidiaries to invest in Bitcoin and Bitcoin startups. GreenBank believes that it is the first public company to establish a presence in Bitcoin, which is a completely decentralized digital cryptocurrency.
The two subsidiaries are Bitcoin Canada Investments Inc (“Bitcoin Canada”) which will invest exclusively in Bitcoin, and Bitcoin Angel Capital Inc (“Bitcoin Angel”) which will invest in early stage Bitcoin and other cryptocurrency focused companies. The management of GreenBank intends that a proportion of both Bitcoin Canada and Bitcoin Angel will in due course be spun off to GreenBank shareholders by way of a plan of arrangement, at which time they will make application for a public listing of their common shares on the CNSX. GreenBank has entered into management agreements with both companies to manage the Bitcoin investment portfolio for a fee equal to 10% of portfolio appreciation.
The two subsidiaries are Bitcoin Canada Investments Inc (“Bitcoin Canada”) which will invest exclusively in Bitcoin, and Bitcoin Angel Capital Inc (“Bitcoin Angel”) which will invest in early stage Bitcoin and other cryptocurrency focused companies. The management of GreenBank intends that a proportion of both Bitcoin Canada and Bitcoin Angel will in due course be spun off to GreenBank shareholders by way of a plan of arrangement, at which time they will make application for a public listing of their common shares on the CNSX. GreenBank has entered into management agreements with both companies to manage the Bitcoin investment portfolio for a fee equal to 10% of portfolio appreciation.
Just as Canada declares Bitcoin a form of money, the banks start to get their fingers on it. But I concur, it's a good thing. We need more development among those lines! Godspeed Canada!
You realize what you quoted is 8 months old.
GreenBank Capital Inc. (CNSX: GBC) announces that it has launched two new subsidiaries to invest in Bitcoin and Bitcoin startups. GreenBank believes that it is the first public company to establish a presence in Bitcoin, which is a completely decentralized digital cryptocurrency.
The two subsidiaries are Bitcoin Canada Investments Inc (“Bitcoin Canada”) which will invest exclusively in Bitcoin, and Bitcoin Angel Capital Inc (“Bitcoin Angel”) which will invest in early stage Bitcoin and other cryptocurrency focused companies. The management of GreenBank intends that a proportion of both Bitcoin Canada and Bitcoin Angel will in due course be spun off to GreenBank shareholders by way of a plan of arrangement, at which time they will make application for a public listing of their common shares on the CNSX. GreenBank has entered into management agreements with both companies to manage the Bitcoin investment portfolio for a fee equal to 10% of portfolio appreciation.
The two subsidiaries are Bitcoin Canada Investments Inc (“Bitcoin Canada”) which will invest exclusively in Bitcoin, and Bitcoin Angel Capital Inc (“Bitcoin Angel”) which will invest in early stage Bitcoin and other cryptocurrency focused companies. The management of GreenBank intends that a proportion of both Bitcoin Canada and Bitcoin Angel will in due course be spun off to GreenBank shareholders by way of a plan of arrangement, at which time they will make application for a public listing of their common shares on the CNSX. GreenBank has entered into management agreements with both companies to manage the Bitcoin investment portfolio for a fee equal to 10% of portfolio appreciation.
Just as Canada declares Bitcoin a form of money, the banks start to get their fingers on it. But I concur, it's a good thing. We need more development among those lines! Godspeed Canada!
i just love how the americans use the "we" statement and other countries use the I statement.
i have personally helped get a few merchants onboard, but it appears the americans want to sit in their basements and wait for others to do the hardwork, and then claim that we all helped.
to all americans. there must be atleast one person in your family that has a job right now. i think its time you individually find a way to get your families employer to accept bitcoin in some way for the business they run, and your relative works at.
be it retail, which would help consumers use bitcoin to buy real products.
be it truck driving, so that retailers can pay for deliveries in bitcoin
be it manufacturing, so that retailers/business can get supplies paid for in bitcoin.
all those wishing to actually do some promoting personally say 'i',
i have personally helped get a few merchants onboard, but it appears the americans want to sit in their basements and wait for others to do the hardwork, and then claim that we all helped.
to all americans. there must be atleast one person in your family that has a job right now. i think its time you individually find a way to get your families employer to accept bitcoin in some way for the business they run, and your relative works at.
be it retail, which would help consumers use bitcoin to buy real products.
be it truck driving, so that retailers can pay for deliveries in bitcoin
be it manufacturing, so that retailers/business can get supplies paid for in bitcoin.
all those wishing to actually do some promoting personally say 'i',
Wow what an uncalled for rant. You must be a motivational speaker of some sort.. C'mon admit it.
actually im a man of all trades. but had a bad day then (during the china debacle) where everyone was blaming china and beleiving the fud, saying its their fault. then when good news came to canada americans were pretending they helped.
basically a bad day and had enough of people claiming they were some how part of a canadian bank doing it.. i do try to motivate people with ambitions, but i dont hold back my feelings when it comes to people sitting on their hands waiting for the money train to choo choo along. and then claim they were part of making bitcoin what it is.
i spend too many hours getting business start ups running in my professions. and that day i detested glory hounds... but yea it was a rant, much like this
i just love how the americans use the "we" statement and other countries use the I statement.
i have personally helped get a few merchants onboard, but it appears the americans want to sit in their basements and wait for others to do the hardwork, and then claim that we all helped.
to all americans. there must be atleast one person in your family that has a job right now. i think its time you individually find a way to get your families employer to accept bitcoin in some way for the business they run, and your relative works at.
be it retail, which would help consumers use bitcoin to buy real products.
be it truck driving, so that retailers can pay for deliveries in bitcoin
be it manufacturing, so that retailers/business can get supplies paid for in bitcoin.
all those wishing to actually do some promoting personally say 'i',
i have personally helped get a few merchants onboard, but it appears the americans want to sit in their basements and wait for others to do the hardwork, and then claim that we all helped.
to all americans. there must be atleast one person in your family that has a job right now. i think its time you individually find a way to get your families employer to accept bitcoin in some way for the business they run, and your relative works at.
be it retail, which would help consumers use bitcoin to buy real products.
be it truck driving, so that retailers can pay for deliveries in bitcoin
be it manufacturing, so that retailers/business can get supplies paid for in bitcoin.
all those wishing to actually do some promoting personally say 'i',
Wow what an uncalled for rant. You must be a motivational speaker of some sort.. C'mon admit it.
greenbankcapital is a legit company that is listed on bloomberg
http://www.bloomberg.com/quote/GBC:CN
so it seems plausibly realistic
GREENBANK ACQUIRES GREENCOIN CRYPTOCURRENCY SOFTWARE - http://www.greenbankcapitalinc.com/press-releases/greenbank-acquires-greencoin-cryptocurrency-software/
There's a few GreenCoins but this one was called xGreenCoin on Twitter iirc while this was their project site homepage - http://greencoin.io
There's a few GreenCoins but this one was called xGreenCoin on Twitter iirc while this was their project site homepage - http://greencoin.io
From the link:
Quote
Users of other cryptocurrencies are not identifiable and therefore those cryptocurrencies are not only susceptible to be used for illegal purposes, but are not easily taxable by governments. These concerns make global acceptance of cryptocurrency transactions more difficult. GreenCoin will provide a solution by adding email, or phone identification to all GreenCoin transactions. Those intending illegal activities will not use GreenCoin as they can be easily identified. Global governments will be able to collect taxes based on GreenCoin transactions with rules for each type of transaction.
Yeah, good luck with that.
That's a good first step, you have to start somehere. Hope more banks will follow!
GREENBANK ACQUIRES GREENCOIN CRYPTOCURRENCY SOFTWARE - http://www.greenbankcapitalinc.com/press-releases/greenbank-acquires-greencoin-cryptocurrency-software/
There's a few GreenCoins but this one was called xGreenCoin on Twitter iirc while this was their project site homepage - http://greencoin.io
Edit: It's traded on - https://ibwt.co.uk
There's a few GreenCoins but this one was called xGreenCoin on Twitter iirc while this was their project site homepage - http://greencoin.io
Edit: It's traded on - https://ibwt.co.uk
i just love how the americans use the "we" statement and other countries use the I statement.
i have personally helped get a few merchants onboard, but it appears the americans want to sit in their basements and wait for others to do the hardwork, and then claim that we all helped.
to all americans. there must be atleast one person in your family that has a job right now. i think its time you individually find a way to get your families employer to accept bitcoin in some way for the business they run, and your relative works at.
be it retail, which would help consumers use bitcoin to buy real products.
be it truck driving, so that retailers can pay for deliveries in bitcoin
be it manufacturing, so that retailers/business can get supplies paid for in bitcoin.
all those wishing to actually do some promoting personally say 'i',
i have personally helped get a few merchants onboard, but it appears the americans want to sit in their basements and wait for others to do the hardwork, and then claim that we all helped.
to all americans. there must be atleast one person in your family that has a job right now. i think its time you individually find a way to get your families employer to accept bitcoin in some way for the business they run, and your relative works at.
be it retail, which would help consumers use bitcoin to buy real products.
be it truck driving, so that retailers can pay for deliveries in bitcoin
be it manufacturing, so that retailers/business can get supplies paid for in bitcoin.
all those wishing to actually do some promoting personally say 'i',
So in a few months when we get another roller coaster, we'll all be singing https://www.youtube.com/watch?feature=player_detailpage&v=bOR38552MJA#t=21
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