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The first rule to avoid being mentally ill is avoiding CNN - Constant Negative News. You know what happens when you take lots of negativity? The reptilia brain defunct, the more they will control you.
Or the post office, or the bank. All location easily available and I walk away with the cash in my hand. How does your system get the cash to me?You really do go to Super market to exchange currencies? wait in the queue and smile.
There is no stress.Selling laziness is the key. I can bet you do not enjoy going to the super market to exchange those currencies who goes through stress again in this generation?
Me?Market research, Service and delivery method done.
You really do go to Super market to exchange currencies? wait in the queue and smile.
Selling laziness is the key. I can bet you do not enjoy going to the super market to exchange those currencies who goes through stress again in this generation?
Oh and this, with banks like Starling who do no foreign exchange fees now...Last time I went to Europe I paid for everything on my card. Didn't need cash.
Oh and this, with banks like Starling who do no foreign exchange fees now...
Two heads have always being better than one. I am more of an idealist and very less of an executor. I need an executor with knowledge. The service system is simple. You work with a personal assistant bot that you can tell to swap, exchange or sell your currencies by giving it command on what to do.@6K LEGIIT - You haven't yet explained why you need a co-founder.
Monetization will through commission and exchange rate. People wont mind out paying if it is valuable, well marketed and reduce the time of action.I have no doubt that online and AI will play a role in the future of currency (personally I wander 100 yards to the post office and have a chat - last time I also ordered a leg of local lamb from the lady at the counter)
As often comes up, the idea is 1% of the journey. immediate questions and prospective partner will have include
How do you monetise it.
How will you differentiate yourself from everyone else jumping on the AI bandwagon?
What IP / protection do you have?
What skills are you bringing?
What skills do they need to bring?
That means they do all the work and split the profit with you. Nobody is going to sign up for this.Two heads have always being better than one. I am more of an idealist and very less of an executor. I need an executor with knowledge. The service system is simple. You work with a personal assistant bot that you can tell to swap, exchange or sell your currencies by giving it command on what to do.
'Buy me 2 BTC at market order' and you input card details or however you want to pay. PayPal, Cash App, Bank Transfer or Gift card the bot confirms it and request for your wallet address. This is how it will work for ****** but other financial transactions can take place too in the same manner literally reducing the amount of time to self-trade.
'With respect' that's just a load of waffle and unsubstantiated opinion.Monetization will through commission and exchange rate. People wont mind out paying if it is valuable, well marketed and reduce the time of action.
Nobody has ever created something totally new. 'A great idea' is adding one or more great ideas together the most thing we do on our phones is chat. Why don't chat to send money?
Imagine a system where one will be able to trade, transact, buy, sell and exchange currencies via a chat. With the help of AI.
This is the project I am working on If you are in Huddersfield let us hook up. I want to wow you.
Selling laziness is the key. I can bet you do not enjoy going to the super market to exchange those currencies who goes through stress again in this generation?
Imagine a system where one will be able to trade, transact, buy, sell and exchange currencies via a chat. With the help of AI.
This seems to be an attempt to lure people into the promise of making themselves rich through forex trading.
And when I look at the company details on CH, it screams "scam" at me. Flat 27? I'm really going to trust a company that calls itself "Legiit" with that address!
Lawd knows what he'd make of an Amstrad PC 1512 with a 20MB hard card!This bit in your post made me laugh. He has no idea what those are. ?
Nobody ever said nothing about forex trading. That is your own judgement and it is beautiful. Legiit Exchange does not hold your currency being transacted just so you know and we have no business holding it. WHAT we do is simple; Act as a third party for the trade of your currency. When you go on the website the first thing you see is 'Our process' you should read that. AND we have no business with forex trading you should correct your tongue.This seems to be an attempt to lure people into the promise of making themselves rich through forex trading.
Virtually all of those promises are scams.
And when I look at the company details on CH, it screams "scam" at me. Flat 27? I'm really going to trust a company that calls itself "Legiit" with that address!
It is beautiful how you talk this way. This fuels my fire. Nobody said this platform was for old age people like you. It is structured for the younger generations who understand taking action. You don't need to use it, it was never for your age range before when your kids start using it is when you will be interested. One don't sell to the old guys in the game. Catch them young. It sounds strange to you because you are old and so is your mindset. JUST WATCH AS YOUR KIDS USE IT TO SEND YOU MONEY VIA A CHAT....Quite apart from the points others have made Oghosa, there is the matter of credibility; especially since what you are proposing involves financial services. ...Factually you are an 18-year old living in student accommodation; so presumably some sort of undergraduate Student.
You also appear to be a foreign national... so your Student Visa will limit the hours you can work; whether for an employer or otherwise. - Don't imagine that having been able to register a 'company' in the UK means anything or extends any further rights. - Companies House would probably register somebody's Budgie as a Director without checks they are so inattentive!
Banks and other financial institutions on the other hand, are considerably more rigorous.
Your proposed activity will no doubt be subject to regulation and you might also find that IQSA Ltd, who are your landlords, raise some concerns about your activities in due course.
In terms of branding and image; calling your two companies "legiit" doesn't make them legitimate... actually it comes across as callow to the point of being risibly suspicious. This sort of thing is the stuff situation comedies have been made of for generations... "Trotters International Traders" etc. (see Google/YouTube) .
Likewise, assigning a statement of capital of £1,000,000 to your company poses several scenarios - none of which are, in the circumstances, plausible in any positive sense.
You belong to a generation of people which is (in general) considerably less technically competent and aware than the generations before it...
This is because since the mid-2000s, computing has been exponentially 'dumbed down' for end users; particularly since composite mobile devices came on to the market. Where (for example) the mid-90s 'ECDL' initiative was often rejected as 'an insult to the intelligence' (by the generation that had grown up with Commodore 64s, BBC-B and Sinclair home computers); 25 years ago, you would have been surprised to find a child who couldn't switch on a PC, install a program and find their way instinctively around it.
Colleges are (in some cases) now having to run very basic IT-literacy courses again at that 'insulting ECDL level; before they can move students on; and we're 'back to the 80s' again in that politicians are now urging that 'touch typing' is taught in schools again!
'Chat' is none of new, innovative or particularly safe or stable... 'AI' is as old as computing itself; and is not as well evolved as proponents of this particular 'beanstalk' claim it is.
What you're exhibiting there is the Dunning-Kruger theory in action... "Selling laziness is the key" - and pity the fool who buys it! That; or you're exhibiting an unhealthily exploitative mindset.
Realise that nobody under 70 (with at least a modest education) is likely to be unfamiliar with modern technology. - In fact the first generation of 'home computing' advocates are now in their 80s. Your barely-veiled ageism reflects nothing positive.
...'This' generation of drones indentured to that which keeps them as cattle for the financial milking? Some might see that as easy as taking crushed-candy from a baby; others are less feral and like to be able to look themselves in the eye of a morning!
Thankfully not everyone (not even of the younger generation) is a gullible idiot. If you're surrounded by them, then perhaps it's time to review your circle of friends.
Your 'million pound' idea amounts to little more than a voice-controlled interface to an internet FOREX platform... and on the internet those are as old as the www itself, along with the 419 scam.
businesspost.ng/economy/what-you-need-to-know-about-online-trading-scams/
...The banks and other legitimate financial institutions already provide safe, good quality currency exchange facilities; many of them cheap and almost transparent in use. There is a (albeit imperfect) level of consumer protection and assurance built in to these things.
fca.org.uk/consumers/forex-trading-scams
What sort of idiot would place themselves outside that framework; drawn in to the frankly infantile novelty of being able to 'chat' to an application?
where one will be able to trade
The forum is age agnostic- though it is important to differentiate between being young and being childish.It is beautiful how you talk this way. This fuels my fire. Nobody said this platform was for old age people like you. It is structured for the younger generations who understand taking action. You don't need to use it, it was never for your age range before when your kids start using it is when you will be interested. One don't sell to the old guys in the game. Catch them young. It sounds strange to you because you are old and so is your mindset. JUST WATCH AS YOUR KIDS USE IT TO SEND YOU MONEY VIA A CHAT.
JUST WATCH AS YOUR KIDS USE IT TO SEND YOU MONEY VIA A CHAT.
And from a Forex trader…… I think you summed that up pretty well ?Oghosa... You do get a little leeway here because you are basically a child; and from what you have written about yourself, one raised in very unfortunate circumstances too.
Factually, what you have written about yourself - both on LinkedIn and elsewhere - is complete and utter nonsense... at best (that is to say, given the benefit of the doubt) the fantasies of a small boy; but given your persistence along this route at the age of 18, this indicates some failure to mature at the expected rate coupled with a deceptive mindset.
The older you get however (and you really should have grown out of this by now) the more delusional your rhetoric becomes. - Nobody, other than children and people who are educationally-challenged or mentally ill - is likely to be taken in by this sort of tripe.
...If it is your intention to exploit such weak-minded, vulnerable people by deception then (as you are now legally past childhood and an adult) your ongoing activities take on a dubious, predatory nature. This may be something that is seen as 'acceptable' elsewhere, but you can expect short shrift anywhere on the British Isles.
Your silly, ageist comments only serve to evidence how thoroughly ignorant and uneducated you are... as a former College Lecturer I am particularly well-used to dealing with the likes of you. You are here to study... not run a racket!
The choice is simple; you either 'straighten up and fly right', put all your efforts and attention into your studies etc. Or the educational establishment you are at, will be obliged to withdraw you from your course and inform the Home Office... Already, you may well be 'of concern' to the landlords of the small bedsit you live in which is only licenced (by the local authority) as student accommodation.
That is, of course, assuming you are actually enrolled on a legitimate course of study and not merely signed up to some 'diploma mill' - which again is something the authorities are quite attentive too once they become aware.
"It is structured for the younger generations who understand taking action."
No, that's untrue... it's structured for people who are stupid, uneducated and gullible - complete idiots!
"...when your kids start using it is when you will be interested."
I don't keep Goats; though would be quite impressed to see small ones that can use a mobile phone. Of course; they only have to bleat at it in this case - perhaps you have employed some very cunning linguist to train this highly innovative 'AI' of yours to be fluent in the Bovidae language?
...I didn't raise my offspring in the sort of ignorance those within your circle may have been brought up in; and once again you evidence the Dunning-Kruger effect in play.
Why would my child be sending me money at all? - And as a highly educated established professional in their own right; even if they did, why would they not use an established secure system as provided by the banks? - A dozen keystrokes and it's done!
Is your target audience here (the people this is structured for) not only lazy, stupid, uneducated and gullible but also illiterate? - Unable to read, understand and execute written instruction; I suspect so!
The cold hard fact is that - whether through ignorance or dishonesty or some combination of both - you Oghosa, are not being honest either with yourself or other people...
Trying (and failing) to taunt me with Pidgin-English swipes will change nothing. Your so-called 'idea' isn't remotely new... and it takes very little effort to establish exactly who you are and what this 'idea' of yours is tied to...
"Nobody ever said nothing about forex trading."
Brushing aside the comical lack of "Full professional proficiency" in the English language on your part (something you dishonestly claim elsewhere) Oghosa... Japancool's comments might well be described as 'beautiful' as they were entirely accurate.
For the avoidance of doubt, according to Investopedia;
'Forex (FX) is a portmanteau of the words foreign [currency] and exchange. Foreign exchange is the process of changing one currency into another for various reasons, usually for commerce, trading, or tourism.'
It should also be noted that under the FCA rules, Forex trading is defined as the buying and selling of one currency against another. Further; the term 'Broker' in the UK sense means an individual or company that acts as an intermediary between an investor and an exchange.
There seems to be little doubt then that this so-called 'business' of yours is indeed a Forex Brokerage. i.e. 'a financial services company that provides traders access to a platform for buying and selling foreign currencies.' (definition source: Investopedia)
...Yet you are not authorised to carry out such a trade in the UK; let alone operate from a bedsit in a student accommodation block.
For the avoidance of doubt... and as I have pointed out previously; merely having registered a 'company' at companies house does not constitute any form of 'Licence or certification'. A company registration number is not a "Credential ID".
Explain exactly why you attempt to deceive the ignorant and uneducated by claiming otherwise?
"Nobody ever said nothing about..."
As an aside... nowhere on this forum to you state your name, address, age, birthplace etc. - Yet these are things which we very old people (who supposedly lack so much in understanding) were able to establish in under five minutes...
How much more do you think UKBF, the FCA or the Police would be able to discover in just a very short time - I believe the term used is 'low hanging fruit'.
"Legiit Exchange does not hold your currency being transacted just so you know and we have no business holding it. WHAT we do is simple; Act as a third party for the trade of your currency."
Several points arise from that. Firstly - it's entirely normal and common for scams (forex and otherwise) to feature a great many layers of obfuscation. Secondly - acting in such a way does not absolve you from responsibility; either in any moral sense or as far as the regulatory authorities are concerned.
"WHAT we do is simple; Act as a third party for the trade of your currency. When you go on the website the first thing you see is 'Our process' you should read that. AND we have no business with forex trading you should correct your tongue."
In truth, you have 'no business' at all... However... from your 'would have failed a 1990s school web design class' website (comedy gold in itself)...
'We deal in finance transaction via Sell, Exchange, Buy and Trade of Currencies, Cryptocurrencies and Gift cards.
"We sell laziness. We are crazy enough to think we can change the world with the way you trade."'
Crazy - as in lacking in mental capacity - indeed. Elsewhere we can find you claiming;
"LEGIIT EXCHANGE is an international trade exchange that aims to solve the problems of currency trading.
YouTube provides a special treat... set against unrelated stolen footage and music is some bizarre combination we can read...
"Welcome to an enchanting tale of trading bliss and boundless happYness! Join us on a captivating journey as we explore the magical realm of Legiit Exchange. Experience the seamless world of trading Unleash the power of global trading, breaking barriers and embracing diverse opportunities. Discover how one individual's life was transformed, as happiness became their loyal companion on this digital adventure. Embark on this beautiful journey with us and witness the magic of Legiit Exchange unfold. Subscribe now for captivating stories and inspiring experiences that will leave you spellbound!"
...It would appear that 'Jack And The Beanstalk' has been the most influential piece of business writing in your life so far.
"It is beautiful how you talk this way. This fuels my fire."
So... your 'fire' is 'fuelled' by the ludicrous nature of your claims being explored in public; interesting. - Fire for what? ...Behaving in unlawful ways? Wallowing in childish fantasies?
Your idea is not remotely new or innovative... it's just a voice-controlled app; and as such completely unremarkable. Basically it does what my old Chinese Uncle used to do 50 years ago; pick up the phone and talk to a broker... albeit now the broker isn't an actual, autonomous human being but some remote algorithm bound to machine learning... No great shakes.
...But what's worse (and of concern) is that you personally lack credibility as do the so-called 'businesses' you have registered. - You're being dishonest in your claims about yourself and it. - What you're doing is not approved by or registered with the appropriate authorities. - You lack not just credibility but competence.
You also seem to be abusing the Visa which allows you to be in this country at all! - As well as the (restricted) student accommodation.
Is it a co-founder you seek - or a gullible idiot who will be the 'fall guy' when you bugle-off back to the home of the 419?
Be very, very, very careful on who you choose to jump into bed with. I have recently suggested merging my manufacturing company with another. Turns out this guy is the biggest Walter Mitty character ever. Growth by joining forces is OK, but you have to do due diligence, maybe even a trial period?
It goes both ways.Are you advising the OP or any people who are potentially looking at partnering with him?![]()