# Glint nearly struck off

**URL:** <https://community.tallymoney.com/t/glint-nearly-struck-off/1946>\
**Category:** Uncategorized\
**Created:** [8 August 2024 07:01 UTC](https://community.tallymoney.com/t/glint-nearly-struck-off/1946 "2024-08-08T07:01:35Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\
**Post date:** [8 August 2024 07:01 UTC](https://community.tallymoney.com/t/glint-nearly-struck-off/1946/1 "2024-08-08T07:01:35Z")

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This could be good or bad for tally.

It could tarnish the whole digital gold banking option or it could benefit tally due to a perceived competitor potentially disappearing.

It all depends how tally respond. I would suggest a detailed comparison of how and why tally is not like glint.

Even if glint manage to keep trading, no response from tally will definitely be detrimental to the whole space as the average person will see them as the same, unless spoon fed the differences.

[![](https://canada1.discourse-cdn.com/flex030/uploads/tallytest/original/1X/e946d59ed5280bf51fa8562560a4e9ac13b27759.jpeg "Update on GLINT...Weak Balance Sheet's Will Fall!") ](https://www.youtube.com/watch?v=vSh5BgHHg-w)

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**Author:** ![Chipchop](https://avatars.discourse-cdn.com/v4/letter/c/a9a28c/32.png) [@Chipchop](https://community.tallymoney.com/u/Chipchop)\
**Post date:** [8 August 2024 10:09 UTC](https://community.tallymoney.com/t/glint-nearly-struck-off/1946/2 "2024-08-08T10:09:46Z")

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Wonder if it’s an opportunity for Cameron to scavenge any useful components of their business for next to nothing

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**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\
**Post date:** [8 August 2024 10:40 UTC](https://community.tallymoney.com/t/glint-nearly-struck-off/1946/3 "2024-08-08T10:40:20Z")

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I hope it’s not their software developers, the glint app is worse than tally’s 😆

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**Author:** ![iceman](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/iceman/32/70_2.png) [@iceman](https://community.tallymoney.com/u/iceman)\
**Post date:** [13 August 2024 09:01 UTC](https://community.tallymoney.com/t/glint-nearly-struck-off/1946/4 "2024-08-13T09:01:27Z")

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I had a big stack in Glint and this is very worrying so I am busy moving much of my Glint investment to Tally at the moment.  
Let us hope Tally’s balance sheet looks better than Glint’s.

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**Author:** ![JonnyE](https://yyz2.discourse-cdn.com/flex030/user_avatar/community.tallymoney.com/jonnye/32/763_2.png) [@JonnyE](https://community.tallymoney.com/u/JonnyE)\
**Post date:** [13 August 2024 12:16 UTC](https://community.tallymoney.com/t/glint-nearly-struck-off/1946/5 "2024-08-13T12:16:16Z")

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According to Cameron, tally is now self funding. Glint is millions of pound or dollars in revolving debt. So, based on that, I would hope tally is a far safer option.

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**Author:** ![patience66](https://avatars.discourse-cdn.com/v4/letter/p/9dc877/32.png) [@patience66](https://community.tallymoney.com/u/patience66)\
**Post date:** [14 August 2024 05:24 UTC](https://community.tallymoney.com/t/glint-nearly-struck-off/1946/6 "2024-08-14T05:24:34Z")

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If Tally self funding according to the great can kicker himself then it’s time to RELIST