PPT is a yet another micro crediting system and they are based in UK, right? Also, PPT coin is used only for paying fees. Whole business is not tied to crypto money. Investors will be paying real fiat currencies to sellers. It is real money business, not crypto.

So, read this -> http://ec.europa.eu/DocsRoom/documents/3669/attachments/1/translations/en/renditions/pdf

You seem to be a lazy ignorant person. Let me find exact section for you.

United Kingdom
Main laws and normative acts
Credit Unions Act 1979 and the Industrial & Provident Societies Act 1965
Description: Credit Unions must register under the Industrial & Provident Societies Act
1965, which gives them corporate status and limited liability and their activity is
governed by provisions of the Credit Unions Act 1979. A Credit Union may only undertake
those activities for which there is an express or implied power in the Credit Unions Act.
Loans may only be made to natural persons, who share a common bond. However,
some of these loans will be used by sole traders for business purposes. There is currently
an interest rate cap on loans (2% per month). Credit unions are regulated by the
Financial Services Authority under the Financial Services and Markets Act 2000. Before
they can do business, they need to be authorised by the FSA, which makes rules about
their operations.

Community Development Finance Institutions (CDFIs) may register either as companies
regulated under Company law; or community benefit societies registered under the
Industrial & Provident Societies Act 1965. They are not subject to the provisions of the
Credit Unions Act. CDFIs which register under the Industrial & Provident Societies Act
may invite retail investment of withdrawable share capital ('WSC'). WSC is risk capital
which carries no guarantee of repayment, and so takes the CDFI outside of European
Banking legislation. CDFI's lend for both personal and business purposes. Investment
applied to their business lending may, if qualifying criteria relating to the spread of loans
is met, attract a tax relief which is the equivalent of 8.33% to higher rate tax payers
under the Community Interest Tax Relief scheme ('CITR'). Where investors are paid a
return, it is usually paid as a percentage of the investment, rather than a dividend.

Join to telegram and ask about if they got licence to operate money business. You will be banned immediately.

They cannot do this without proper applications and permits. Yet, there is no single information about that.

Don't believe me. Go ahead and ask them!

He -finally- admitted his conviction, we can move further ahead and ask more questions.

Since he is convicted of a fraud, he cannot participate in a financial business by law. So, how is he going to participate in PPT project? Is he going to move this business outside of EU? Is he not going to get customers from EU zone? Which regional market is he going to target?

Is moving offices to IOM will solve all legal problems?

Some says "you don't like it, get the hell out of here"

It is not an issue to like or not. I am an investor and have all the rights to ask questions and invest or not.

I'm guessing some of the FUD spreaders were duped. The others were like btc business consult. They were in on it. You can tell by the look in his smug eye. I've believed in this since clif High talked about it. I got in at $2, but that didn't stop me from sacking a few more away. Nico is making history on black history months bitches.

Btc business consult gets paid by the rich. He was performing some consulting for some sweet coin

I genuinely can't believe the amount of rubbish that has been posted on this thread in the last few weeks.

Firstly there are the few noting concerns with statements/deadlines/deals/convictions etc, for which a single post would have sufficed. I'm not saying that you shouldn't post that stuff, because it brought it to my attention and for that I am thankful, but from there i'll do my own research and dont think anyone is happy plowing through the constant posts repeating the same material.

Then there are all the people that have jumped on them and continued the fight, which to a degree is probably exactly what they want. It doesnt really help to fight fire with fire in that regard. Just chill and provide rebuttal if applicable. The best and most persuasive argument is rarely presented via a dick swinging contest.

One would really hope that going forward the 'spam' for lack of a better word is cut.

To all of you FUD spreaders and/or believers: Do you really think....after looking into the development team, with all of their skill and professional biographies...who are totally transparent and out there for the world to see, do you really believe that they could or would be a part ANY kind of scam and risk not only their professional credibility and future but possibly their freedom as well?  Especially when they could just as easily create this incredible disruptive platform and make even more money.  If you're a hodler of PPT and you're fearful, y'all haven't thought logically about this, done your homework and obviously have PBSD (Post Bitconnect Stress Disorder).  If you're not a hodler of PPT then you should probably just your pie holes.  After the Beta v2.0 is released tomorrow...02/15/18, eat crow!

Don't try to start a token war into this thread even you don't have any valid proof these communities are involve into this fishy job. If someone have some concern than we should resolve this and make them satisfied but this not a good behavior to start attacking on other projects.

https://youtu.be/tRkIv7FxEV4

Watch this video and read the link below. You can see the real professionalism in these guys. You will dump this shit coin. Have a look the ceo is getting out and meeting people from factoring companies.these guys have a good track record and no scammers. 1 /20th the price. Makes no sense

Btcbusiness consult is the real deal. He’s a 10/10 kinda guy.

Nico should just come clean he has had made mistakes in his past. Instead of passively posting on twitter news articles about how UK men have been treated badly with past criminal records..

Yeah it is not nice or fair for him, but is it fair for the investor not to be told this in the beginning..

I do not investigate FUD claims as I am not a private crypto currency-detective, but rebuttal would be nice. By not answering correctly gives the sense there are things to be hidden.. To run a project out of twitter like Donald trump is kind of disrespectful to the investors.

I have nothing to gain by the price going down now as I sold out at $45 and do not plan to buy back even if it is at $300 if they are successful.

The reason why debitum is better choice having so many backing services connected to the platform, from insurance, credit risk assessment and debt collectors for sme businesses.
Debitum will partner with any crypto-currency platform that compliments it's platform, seen this in the last week, signing of on a paypie partnership as credit risk assessment on the block chain. that give value to each project..
 
at ICO price being .12cents for 240 million tokens that makes it a market cap around 29 million when comes to exchange..

populous market around a 1 billion makes PPT around 33X more expensive, with FUD and no MPV as I am aware of lately..
So if populous goes to 2 billion it will make it 66x more expensive then debitum, which is only 100% profit from today prices..


Then really if you want a good lending platform for lending business loans and invoice market "Globally", and see 10x return minimal, then debitum would be the better choice as PPT is way over values and hyped without having a single customer.. when the ICO of debitum is completed it will have first customers coming within a month that have been waiting.

Debitum has it's engines primed for a rocket blast off....

Wow, are you now speaking on behalf of scammers out there? What makes you think scammers are perfect? If so, then why are many of them still getting caught and jailed? Do you think they already know they will get arrested? If so, then why do you think they still try?

Why keep saying beta is coming soon? Why cannot say beta is still many months ahead to be conservative? Why give false expectation? Why give false hope?

Why do you think the token lock up is for? Can't you think?

And wow, you don't even have any idea what you are talking about and yet you keep making comments as if you know. Who are you to speak on behalf of scammers? What makes you think you are very familiar with the mentality of scammers? Were you a scammer too?

What makes you think that scammers will have higher chance of getting away if the amount involved is small? Are you out of your mind?

To the guys who filled PXT Airdrop form: Did they send your PXT airdrop already or I am the only one who stilled haven't received 'em.

Bear in mind when I said the above, I did not mean that Populous' project under the current team works and/or promising.

What I mean is that the project itself (regardless of who manages it) works and is promising.
By common reason and logic, a person should instantaneously realize that if the team managing such project is wrong or scammy, that creates a risk that the project may end up screwed.

Imagine a villa under construction is both grand in size and design and is located in a superb location.
But it is being constructed by a builder that engaged in shady constructions in the past that caused buildings to collapse.
If you disregard the builder building the villa as part of your risk analysis, then you are truly a fucktard.

i sold a large part of ppt this week. maybe im buying back in (at a higher price) if the platform turns out to be great

I have not researched Debitum in detail so I cannot judge if the model is good or bad.
My point is, we should not expect to invest more than we can afford to lose in Debitum just because we expect Debitum price will follow PPT's path in skyrocketing to the moon.
Debitum may be legit (I am not sure); it's business model may work (I am not sure); but we cannot be sure it will go to the moon just like PPT to the point of tempting us to make overtly risky investment.
The price may be laggard just like the rest, or it may appreciate by a bit.
Just be cautious and conservative.

Finally, good questions.

No, I don't think they are fake. At least they are more real than fake.
But I am very cautious and skeptical.
Scammers nowadays want to make their scam last, that's why we see Bitconnect is so well organized to be long-lasting.
It wouldn't be down if not for the court order to stop the whole operation.
I suspect the same can be said of Populous's github repos; real enough to make the scam last, but not real enough to have any real product.
Nowadays many things can be done through 3rd party just for visual show, and unless we see the real thing (like Veritaseum, which I am very confident is very very legitimate), we cannot be dead sure it will certainly be real.

The business model works and the invoice financing industry is lucrative.
But I have the opinion that while the project is promising, the team behind it may be not.

Like I said, I suspect Populous is a scam (not 100% sure, otherwise things would be too late for everyone) based on their past conduct in trying to pump up the price through various hypes.
Their intent reveal their intention, obviously.

It is a FUD....
Until it becomes a fact.
Then it gets too late.

Update:
Now here's the thing.
Jsnip4 and some others may be promoting Debitum to be an alternative of Populous, as if trying to imply that Debitum will experience similar run up in price just like Populous.
But bear in mind, Populous run up was caused by pumping operation.
Without similar involvement (pumping operation), Debitum may end up just another laggard.
So invest wisely, prudently, and conservatively.

I think the easiest way to discredit honesty is by labeling them FUD.

So if I rape a girl, I can now put the blame on my twin brother.
And if that's not enough, I can say the rape case is a FUD.

So now anyone calling me a paid shill to talk down Populous is a FUD!

Hey Truth Bomb.....   Thanks for the heads up, but these are old FUD stories.....

Why are you even here? I'm pretty sure you are iether from a competeing project or you just want cheap PPT for yourself.... No one digs up OLD FUD like that and then proceeds to waist their time trying to tell people to sell their assets.   Unless thwere is something in it for you.  Is HIVE paying you?  Or do you just want cheap PPT?   OR BOTH?!?!?!?!



Either way, no one wants to see your worthless FUD here. so fuck off haha would be appreciated