Over the past weeks, I have heard peeps arguing on how genuine The Billion Coin, TBC is. Some say it is a future investment since it can’t be cashed out immediately, while some outrightly say it is a Ponzi scheme and a scam.
Let’s dig further;
Cryptocurrency is a digital currency designed to work as a medium of exchange using encryption techniques to secure transactions and creation of additional units of the currency. It has become popular today, and used almost by everyone.
The price of cryptocurrency is determined by its demand and supply. The demand is based on two factors; Utility and Speculation.
TBC is a decentralized cryptocurrency like bitcoin but it operates in its structure and formula which depends on the growth of the TBC community. When TBC came into existence, it was sold for and it has gone up since then everyday by 5%.
WHAT THEN MAKES IT A REAL DIGITAL CURRENCY
• It has a blockchain explorer ( http://tbc001.net:4444/ ) that creates and records a digital ledger of transactions and share it among a distributed network of computers publicly.
• Tbc has a solid formula for its own value creation. It is based on the total number of holders (users/members) multiplied by 1 euro rated by 1% to 5% daily depending on the growth of the registered users. https://thebillioncoin.info/formula...
• Tbc is a user's based currency that makes it called as "the first abundance based cryptocurrency".
WHY TBC ISN'T IN THE MARKET CAP
• Tbc is created for the mission to end poverty globally and equalize the rich and the poor.
• The tbc creator has a full understanding and knowledge why tbc is not in the market, because the market is under the power of global financial pyramid system.
Some people think otherwise. They have said TBC is a scam. How so?
- It is not on coinmarketcap.com
- It’s valuing always going up is a mechanism to look for more members
- It uses a Multilevel Marketing Style
- It can’t be coined.
I must say; I have followed up on TBC and its existence. The trade fairs, I even attended one, tbc merchants running shops collecting 50%cash and 50%TBC, I have seen electronics, phones, cars, clothes been bought with full TBC, services are now been paid for using TBC, and now the recent 10,000 testers for fiat exchange. It seems legit.
Air your views on this, Steemitcians! Upvotes and Resteem.
https://coins.newbium.com/post/1381-what-makes-tbc-the-billion-coin-a-real-digital-c
https://www.xtrahola.com/thebillioncoin-tbc-reasons-why-its-scam/
{I need to start getting used to this}