Help Correct the Record - FakeNews and Clickbait - Thank You
It has been almost two years since Josh and I embarked on this journey of building a full-reserved gold-backed financial institution. One without the counterparty risks that had become so apparent to us in the 2008 financial crisis. A place where you could save and access gold bullion using the same technology we have all become familiar with - debit cards, instant payments, and mobile banking.
By any metric, we have already achieved success, especially when considering this "idea" from two young entrepreneurs has evolved into the most formidable non-bank owned precious metals group in the world. Yet, these are still very early days both for the general business opportunities and/or the potential for our macroeconomic views to unfold reminding the citizenry about the necessity for gold to anchor their savings activities.
Over the last few years, I ( Roy Sebag) as a self-made investor and entrepreneur have been sort of catapulted into a public position of "power". A relatively unknown young man with no college education at the helm of a nascent public company does that. From my own personal lens, this journey has been a product of personal sacrifices, sleepless nights, epic challenges, and even premature grey hair. However, to others looking from afar, my age and even nationality can at times evoke a sense of jealousy, suspicion, or skepticism.
These antagonists to our success have over the past two years attempted to slow our growth and scare our potential customers via internet attacks, click-bait articles, misinformation, and even antisemitism. I still can't figure out why when you google Goldmoney or search youtube for Goldmoney the highest ranking articles tend to be negative. Is it because the gold-bug community has been so used to cannibalizing each other for business? Is it because people can't seem to reconcile my age with my paper wealth stake in Goldmoney Inc.? Or is it because I am somewhat eccentric and direct in my delivery (I don't suffer fools gladly, that's for sure) which can come across as crude arrogance? I don't really know but suspect it primarily has to do with an opportunity to profit from our loss in some way.
While we have a General Counsel (Katy Millington) and engage legal representatives to help take down fraudulent defamatory articles, misinformation, and even videos on youtube, there are certain of these url's that just seem to stick and will require further legal efforts on our part. We will ensure that our good name and my own good name will not be tarnished. Great financial harm is caused to the group each time one of these individuals makes such defamatory statements. The issue is that at times these individuals hide behind monikers which make their identification arduous (not impossible though). My stamina on this matter is unrelenting, each of these individuals will be eventually served with a legal lawsuit.
With that said, it is undoubtedly obvious that new users looking to learn more about Goldmoney are turned off when they read some of these pieces. I have therefore decided to ask your assistance in helping us "correct the record". I only ask for your participation if you truly believe in our company and have had a positive experience with our service. Here are a list of articles and/or videos that have either been posted about Goldmoney being a scam or have had some defamatory remarks made about me. I would sincerely appreciate if members of the community would take the time to comment on these articles by providing an alternative view to what has been written. In some cases, these systems are silod (though their google ranking isn't!) which will require some effort in signing up and participating. In other cases, such as youtube videos, downvoting is much simpler (I just tried it myself!).