PWCC expands its lending activities

Peter_Spaeth · #1 09-09-2022, 01:01 PM

Quote:

Originally Posted by G1911

I�m fine with traders and investors never actually even seeing their cards. I�m great with people finding legal means to keep more of their money instead of getting it taken by the state. But if a person chooses to leave their cards with PWCC, well, they don�t deserve what happens but it will be difficult to have any sympathy for them.

What do you envision happening?

G1911 · #2 09-09-2022, 04:14 PM

Quote:

Originally Posted by Peter_Spaeth

What do you envision happening?

I think leaving expensive valuables with a fraud ring that has a significant risk of getting into trouble with the state poses clear and obvious dangers. Good luck to those who don�t see it.

Peter_Spaeth · #3 09-09-2022, 04:25 PM

Quote:

Originally Posted by G1911

I think leaving expensive valuables with a fraud ring that has a significant risk of getting into trouble with the state poses clear and obvious dangers. Good luck to those who don�t see it.

I was trying to sort out whether your concern is that PWCC's legal problems might jeopardize one's ability to get their cards back, or that PWCC would commit some separate fraud and refuse to return cards, or both. These are different concerns.

G1911 · #4 09-09-2022, 04:27 PM

Quote:

Originally Posted by Peter_Spaeth

I was trying to sort out whether your concern is that PWCC's legal problems might jeopardize one's ability to get their cards back, or that PWCC would commit some separate fraud and refuse to return cards, or both. These are different concerns.

Both.

Peter_Spaeth · #5 09-09-2022, 04:36 PM

Quote:

Originally Posted by G1911

Both.

I guess a lot of people assume his legal troubles are over and trust him otherwise. Interesting how this has played out.

G1911 · #6 09-09-2022, 04:43 PM

Quote:

Originally Posted by Peter_Spaeth

I guess a lot of people assume his legal troubles are over and trust him otherwise. Interesting how this has played out.

Most of them simply ignored the fraud ring in the first place, then came to defend them once it was old news (like our last go around on PWCC). They don't seem to have ever stopped trusting him even as Blowout exposed clear and compelling evidence.

Why one would choose to store their cards with a known fraud ring will never make sense to me; it's not like PWCC is the only vault in the game. You can dodge taxable sales with others too.

Johnny630 · #7 09-09-2022, 04:44 PM

Quote:

Originally Posted by G1911

Most of them simply ignored the fraud ring in the first place, then came to defend them once it was old news (like our last go around on PWCC). They don't seem to have ever stopped trusting him even as Blowout exposed clear and compelling evidence.

Why one would choose to store their cards with a known fraud ring will never make sense to me; it's not like PWCC is the only vault in the game. You can dodge taxable sales with others too.

There is a sucker born every minute.

Peter_Spaeth · #8 09-09-2022, 04:53 PM

Quote:

Originally Posted by G1911

Most of them simply ignored the fraud ring in the first place, then came to defend them once it was old news (like our last go around on PWCC). They don't seem to have ever stopped trusting him even as Blowout exposed clear and compelling evidence.

Why one would choose to store their cards with a known fraud ring will never make sense to me; it's not like PWCC is the only vault in the game. You can dodge taxable sales with others too.

Are his rates/terms/logistics better maybe? I have no idea.

Johnny630 · #9 09-09-2022, 04:57 PM

Theoretically Could the Vault be used as a front by the house to get whatever price they want on whatever card they seem fit? Just keep relisting it.

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