sobota, 20 kwietnia 2019

Pinocchio & Co

Polish Prime Minister Mateusz Morawiecki and his close friend chief of Warsaw Stock Exchange Mr. Pawel Dietl wanted to do a good thing but as usual what they want to do is very wrong. 

Recently the Warsaw Stock Exchange announced ambitious plans to create Blockchain based crowdfunding platform. What is wrong with that?

It is simply an effort that will centralize and monopolize the financial market and we cannot be neutral to that. 

It is against the law and the status quo of the principles of the economic market. It is not a role of the Stock Exchange to make 'offering of financial instruments', their task is to 'organize a trade'. Nothing less, nothing more.

This separation of the Stock Market and Brokerage House is laying down the foundation of the modern economy. Therefore we have warned our Pinocchio & company against progressing their plan. 

If they will not listen we will inform both national and European organs of financial supervision. Including the Prosecutor Office. 

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