Electricity hater from Russia launched crypto exchange

Religious billioner from Russia, gay-, electricity- and scientist-hater launches a "real-world" cryptocurrency exchange
26 August 2017   729

German Sterlingov, well-known Russian businessman, electricity and scientist hater, announced the launch of his cryptocurrency exchange.

Exchange will be called "Alisa". There will not be any fees, but the entrance isn't free.

In the early 1990s, there was the exchange" Alisa ". Something was similar - as the legislation on a number of questions as now on cryptocurrency has not been settled too. There are nostalgic parallels. We decided to call again "Alisa" and even opened on Leninsky Prospekt.
 

German Sterling

Alisa, Founder

Also, some interesting information can be found in the "manifesto".

I inform everyone that while all the Crypto currency is nothing more than a vulgar pyramid and it will collapse. The point is to use bitcoins, as a gentleman uses a prostitute.
So, the purpose of creating the 1st Moscow CryptoExchange:

  • money doesn't go away from Russia;
  • Russians get money abroad as much as they want;
  • Bitcoins irresistibly flow into Russia and then return back from where they came;
  • Crypto-Berge eventually becomes governmental.
  • People stop participating in financial pyramids - they just sometimes use them, if necessary, for "five minutes" (see above about the gentleman)
     

German Sterling

Alisa, Founder

Also, main "feature" of the exchange that is not digital - it is a real world exchange in a building in Moscow. 

German hates electricity and scientists, which he calls "wizards". He published Life after Electricity novel and runs own website where he publish his thoughts and views.

Additionally, German runs a store chain of natural eco products,where gays are banned.

'Kodak Miner' Turned Out to be a Scam

KashMiner by Spotlite USA was promoted as Kodak branded bitcoin miner 
17 July 2018   137

The KashMiner bitcoin miner, exhibited at the Kodak stand during the CES technology show in Las Vegas, was in fact a product designed to mislead potential consumers and with a potentially unattainable potential return. This is reported by BBC.

Spotlite USA is licensed by Kodak's lighting division, which allows it to use the famous brand in its products. In January 2018 the company introduced its miner and announced that it intends to lease it. According to its business plan, potential users had to pay a commission before getting the device. It was expected that after depositing $ 3,400, the customer will receive a device that will allow him to easily cover expenses and receive revenue from bitcoin mining.

However the company did not have an official Kodak license to use the brand in the production of mining equipment and initially overstated the indicators of the potential profit of its device, refusing to take into account the growing complexity and costs of bitcoin mining. The advertising materials reported that KashMiner brings $ 375 a month, which, subject to a 2-year contract, would allow the client to receive $ 5,600 of profit after paying a commission. Experts from the industry of cryptocurrency call this offer a scam.

There is no way your magical Kodak miner will make the same $375 every month.
 

Saifedean Ammous

Economist

CEO Spotlite USA Halston Mikail previously reported that he plans to install hundreds of miners at the headquarters of Kodak. According to him, he already managed to place 80 miners there, but the Kodak spokesman denied this information.

While you saw units at CES from our licensee Spotlite, the KashMiner is not a Kodak brand licensed product. Units were not installed at our headquarters.
 

Kodak Spokesman

In a phone call with the BBC, Spotlite's Halston Mikail said the US Securities and Exchange Commission (SEC) had prevented the scheme from going ahead.