Original Message:
Hello Suzanne and Irena,
Could you please get this message to Mr. Stuart Varney. This is a private email to your firm. A public version (omitting relevant private personal information, will be posted to your/our respective social media later today or asap; the goal immediately is to get this message to you and ultimately to Stuart to correct the historical record (and to answer questions that seemingly were not answered effectively).
MEMO to Mr. Stuart Varney, Esq., from Mr. Anoop Bungay, Esq.
Personal Matter
Public Matter
- Redacted for publication;
- Redacted for publication.
- In your recent video interview entitled: Bitcoin a game changer in real estate investing? https://www.youtube
.com/watch?v=2K8mXBMuSNc; you were asking some questions that actually or ostensibly not well-answered in accordance with internationally accepted standards. Since you only seek to interview persons or persons who are "way out in front of everybody else and that's a fact. That's why you are on the show", (Transcript line item, below); please consider the following: - If you have been seeing the news, you know that "BlockChain" is "all the rage". What you do not know, is that the first application of BlockChain in finance was not for the development of "cryptocurrency" (by a person or persons named "Satoshi Nakamoto", pursuant to a "white paper" entitled, "Bitcoin: A Peer-to-Peer Electronic Cash System" published in 2008, but rather, the first application of BlockChain in finance was for the development of "cryptodebt" [and the obverse, "cryptoasset" also known as "private/secret/p2p debt/private/secret/p2p asset] by a person named Anoop Bungay (your's truly), pursuant to a proprietary (non-public) dissertation entitled, "Binary Digit Debt: A Peer-to-Peer Electronic Debt System" [a component chapter of a broader document entitled: "Binary Digit Debt: A Peer-to-Peer Electronic Finance System"] brought on-line under the registered trademark brand name "privatelender.org: Canada's Private Lending Network®, to serve the global public on May 9, 2005 at www.privatelender.org.
- You may read the cursory level white paper at www.bitmortgage.org. Citation is:
- Bungay, A. (Anoop) K. (April 30, 2018). A Brief History & Future of the Development of Global “Crypto-/Peer-to-Peer (P2P)/Private/Secret/Shadow” Binary Digit Finance (BIT™ Brand Suite: BITFINANCE™, BITDEBT™, BITMORTGAGE®), BlockChain & Conformity: Systems, Technology, Services and Products: August 14, 2001 to Present Day by Anoop Bungay. Retrieved June 14, 2018, from www.bitmortgage.org
- Definition of Principles of BlockChain is excerpted from:
- Bungay, A. (Anoop) K. (April 30, 2018). A Brief History & Future of the Development of Global “Crypto-/Peer-to-Peer (P2P)/Private/Secret/Shadow” Binary Digit Finance (BIT™ Brand Suite: BITFINANCE™, BITDEBT™, BITMORTGAGE®), Blockchain & Conformity: Systems, Technology, Services and Products: August 14, 2001 to Present Day. by Anoop Bungay. Retrieved June 14, 2018, from www.bitmortgage.org
When functionally applied within a “Crypto-/Peer-to-Peer (P2P)/Private/Secret/ Shadow Binary Digit Financial system with in-built, real-time, statutory, regulatory and process controls”, the basic definition of the combined term "MQCC BlockChain Principles" (consisting of the composite, unitary word) “BlockChain” was coined [based upon by Scientific Research, Observation, Ontological, Linguistic and Lexicographic principles] Anoop Bungay founder of MortgageQuote Canada Corp. MQCC™[80] as:MQCC BlockChain Principles:
/m/ /q/ /c/ /c/ /'blɒktʃeɪn/ /ˈprɪn.sə.pəlz/[81]
Definition
- A controlled process of recorded, cumulative, sequential, verifiable, cross-platform, cascading workflows.
- Defined by Mr. Anoop Bungay.
- Submitted to all Major Dictionaries.
- Used as the definition in preparation for judicial proceedings in Canada at least as early as 2013 for a transaction originated in 2010 [82].
- Please note, the MQCC BlockChain (derived from the "Bungay BlockChain Zero One™ - with the distinctive term "Zero One™" referred to as: the "originating brand") is built on over 16 years of scientific discovery, starting in 2001. As explained in the cursory-level white paper, the first application in commerce was brought on-line for a government regulated mortgage and real estate process in 2005 (3 years prior to "Satoshi Nakamoto") and registered to Her Majesty's Armed Forces Defense Standards and equivalent defense standards in USA (Code of Federal Regulations (CFR)), Canada and applicable defense departments in other countries pursuant to registration to the the International Standard for Quality Management System, ISO 9001:2000 on May 9, 2008 (3 months before "Satoshi Nakamoto" became known and six months before the "bitcoin" software was published); refer to the following white paper to learn more (or visit wikipedia/peer-to-peer-lending
): Bungay, A. (Anoop) K. (April 27, 2018). Modern Peer-to-Peer P2P, Private & Crypto: Lending, Investing & Finance in Canada & the World - A Brief History - Anoop Bungay, from www.p2pla.org. - You will find it very revealing that "nobody cared" when I explained to everyone "what the highest and best use of "BlockChain" is; namely: to effect conformity in a financial business process. The world only seemed to care when the name "BlockChain" was used to describe what I did. The development of "BlockChain" resulted in the discovery of a new field of study, coined by yours truly as "conformity science"; please visit www.conformity.org to learn more.
Finally, while it is easy to "read" what I am writing to you, please understand, "BlockChain" is a technical solution to a technical problem, based upon scientific principles, so if your finding the comprehension curve to be steep, don't worry. For the past 10 years, only the technically proficient government staff members who draft legislation, regulations, policies, directives related to
- National and International Standards
- Canadian Ministry of Innovation, Science and Economic Development
- American National Standards Institute (ANSI); British Standards Institute (BSI), Canadian Standards Association (CSA Group)
- the Canadian Space Agency (CSA); the United States National Aeronautics and Space Administration (NASA)
- the various Departments of Defense (as described above)
have truly understood the technical aspects of what was done.
7. As for the application of BlockChain in real estate; as a start, please take a moment to read the contents at www.bitmortgage.org. Please note, "BITMORTGAGE®" is a USA Registered and Canadian Trademark; recognized via international treaty pursuant to the Madrid Protocol, owned by myself, Anoop Bungay. When you are describing "binary digit real estate secured debt instruments", please refer to them using accepted generic terms, namely: "private mortgage", or "cryptomortgage" or "peer-to-peer mortgage" or "p2p mortgage" or "digital mortgage" or "binary digit mortgage".
8 - now to answer your questions, please see below in UPPER CASE for only SOME of your questions.
Source Matter (abbreviated transcript)
- Our next guest says BlockChain is transforming the real estate industry. You got to tell me about this one.
- Bryce Clemmer joins us now. Okay, so i am going to buy a house. Let's suppose.
- How on Earth is BlockChain going to help me?
BLOCKCHAIN ITSELF IS NOT GOING TO HELP YOU; BUSINESS APPLICATIONS BUILT USING BLOCKCHAIN PRINCIPLES, IS WHAT HAS (CIRCA 2005 - SEE THE WHITE PAPER (IN RED FONT)) ALREADY TRANSFORMED THE GLOBAL REAL ESTATE INDUSTRY (IE: THE PRIVATELENDER.ORG® bR); AND IT IS THESE APPLICATIONS (IE: THE MQCC BITMORTGAGE® BRAND) THAT WILL HELP YOU BUY A HOUSE.
- House or any real estate in general, its actually really transformative so essentially if you take a step back, right, what is Bitcoin or Cryptocurrencies or BlockChain, that tends to be the question that a lot of people debate.
- Stuart: Okay.
- >> Daily, right?
- Most people misconstrue Bitcoin as a SCAM or something negative, right?
- Well, I look at it as digital money, it's our money moving into the digital realm. Ever since i have had a credit card i have never used cash or rarely used cash, never used checks. Over time what you are seeing and experiencing is rather fascinating.
- We are living in a time where money is moving from off-line to online, and so with that said, you are obviously going to, in the beginning, when most folks don't understand really what it is. Skeptics, which is natural. We are all skeptical to change.
- Stuart: We are not skeptical, I just don't understand it. Are you telling me in the future or now I am going to buy a house with Bitcoin?
- >> Correct.
NOT IN THE FUTURE; IT IS ALREADY BEING DONE, YEARS EARLIER! SOME REAL ESTATE AGENTS IN CANADA HAVE LISTED HOUSES FOR SALE AND ACCEPTING "BITCOIN" AS PAYMENT, AS EARLY AS FIVE YEARS EARLIER (DO A SEARCH ON GOOGLE OR WHATEVER SEARCH ENGINE YOU USE).
- Whether it's Bitcoin or whatever it may be called, think of it as digital money. So it's your money now online.
- Stuart: Okay, go ahead.
- >> Go ahead.
- Stuart: You got to tell me, i am going but a house, plot down my Bitcoins or get in the Computer, what's the advantage of that?
- >> The advantage of it is so I-House.Com makes not just the home liquid but opens up the opportunity for anyone around the World to buy Real Estate.
- Traditionally speaking whether it was a home most folks had to save up a lot of money to make a down payment or like the Real Estate market in Japan, you referenced Japan and how they are at the cutting edge of things, you can ultimately buy a share of it. So if you want to think of long-term investments among other things, this platform allows anyone in the World to start to buy into those types of things.
- So-
- >> If i am buying a house in America and i put down my Bitcoins, which, by the way, i have no clue what the value is, it goes up and down all over the
- place, you get my point.
- >> of course.
- Stuart: You are telling me somebody in Japan can take a piece of my action, take a piece of my investment in my house.
- >> Not necessarily your house.
- Most folks, in this example, can determine if your home.
- Stuart: Take a piece of the mortgage.
NO. NOT QUITE. YOU ARE CONFUSING DIGITAL PRODUCTS. THIS IS A "SHARED OWNERSHIP ASSET STRUCTURE" THAT YOU ARE TALKING ABOUT; A DIFFERENT DISCUSSION FOR THIS.
- >> The mortgage, what have you. In this case, I will give you the first example on I-house.We raised $160 million for a commercial real estate project over in Japan.
- Ultimately folks from around the World were able to Determine there is a large opportunity, developer said hey, I want to develop this luxury resort,
- raising capital, he put it on the platform, and people whether it's individuals or real estate institutions saw that and said I did like to buy up to 49% of it and so he still maintained control, but it was a way for him to raise money and not be limited to going out and finding large institutions to raise capital.
- Stuart: It was the BlockChain technology which you employ which allowed that factoring essentially of the investment.
- >> Exactly.
- Stuart: How many times have you done this?
- >> That was the first one, now rolling out actually globally, pending regulation and some specific countries, but over time, we will have, i believe, a couple hundred accomplished by between this year and next year,
- Stuart: If i wanted a piece of your investment, i would not put dollars in, put Bitcoin or some other Cryptocurrency.
- >> What you will see is the natural evolution of tools that allow people to take traditional U.S. dollars or traditional fiat.
- Stuart: Look, i understand you, i think you are way out in front of everybody else and that's a fact. That's why you are on the show, you want I-House.Com to get publicity.
- >> Well, fair enough. But at the same time, it's game changing, right?
- It makes real estate traditionally and Illiquid asset liquid.
- Stuart: Interesting, i think i understand it. Even for an old guy like myself.
- >> I don't believe you.
Finally, Stuart,
Please do not misconstrue this email as a desire for publicity; I am already famous to those who know me (my family and friends and business associates); but after seeing the above video, I needed to reach out to you.
Thank you; gotta run, taking the kids to school.
Best,
Anoop Bungay
END MESSAGE
NOTICE - DISCLAIMER:
For privacy, intellectual property or educational reasons, the above message is a variation of the original message sent to the recipients. The reader is cautioned to understand that the contents of this page may have information added, removed, modified or otherwise differ in content from the original submission.
NOTICE - DISCLAIMER:
For privacy, intellectual property or educational reasons, the above message is a variation of the original message sent to the recipients. The reader is cautioned to understand that the contents of this page may have information added, removed, modified or otherwise differ in content from the original submission.
