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Back to the Basics

What made the internet great? The World Wide Web. You couldn’t buy it: There was no stock. It didn’t sell anything. So what was it? It created a platform for revolution. If the Internet was the ocean, the World Wide Web is the sailing ships of the ancient world, the steam locomotive of the 1800s, the pony express, the telegraph, the radio, the telephone. Think of how each of those things changed commerce and our world. Businesses disappeared with every advance, and for each of those, five new ones emerged. From the first moment I discovered blockchain and crypto, I have been waiting, watching for it to happen again. At some point somebody was going to use blockchain as the vehicle it was; rather than the thing to sell. Enter eBTC. eBTC is a true global blockchain undertaking for all forms of commerce and intellectual exchange. Years in the making by scores of engineers, developers and business people, eBTC is here.

How it Began

I met Jon Greenwood at the time I was just learning about Crypto. I owned a lot but did not really understand it. Or, I guess I did understand what I was seeing, I simply could not believe what I was seeing. I could not square what I had learned over a lifetime of managing and running businesses with what I was learning about Crypto. I was hard-pressed to balance the 5,000-year-old universal standards and conventions of business and commerce with a new tech that totally ignored them. So I went looking for someone who understood the meat of blockchain to educate me. Together Jon and I began a friendship that I will cherish for the rest of my life (not much of a burden for Jon, not a lot of time left). I began learning more, and more about crypto and in turn, I was teaching Jon about business. I haven’t found anything in crypto that would cause me to believe that the new tech requires new business rules or should supplant the old ones. This might be why I seem so critical of ICOs as a whole.

The Meat and Bones

Jon and I look every day for Blockchain 2.0 companies. You might ask what that means. A company you invest in needs to report to you. It needs to tie its success to your investment. It needs to create not merely wealth for its founders and inner circle, but also create an opportunity for collateral business and investments. In short, Wang’s Chinese Laundry Coin is unlikely to spawn a new generation of virtual technology that sweeps mankind into the next century.

The Holy Grail

We began our friendship and search for the next iteration of blockchain businesses while looking for a sound investment. It surprises even me how quickly we went from strangers to friends and partners. It only took days. Since December we both read and research daily looking for the Grail. To date, we have found countless scams. We’ve found many sound business models that were using, or going to use blockchain tech to consolidate an existing market or portion of a market. These, while having real prospects of being viable enterprises offered no sustainable legal or monetary benefit to the investors. We have mentioned several companies that met a few of the target criteria that we thought presented a reasonable opportunity for returns to our readers. However, notwithstanding the true blue chip cryptos, Bitcoin, Ethereum, and Litecoin and to a lesser degree some of the other cryptocurrencies like Monero, Zcash, Dcred, we have found only TWO Blockchain undertakings that have real legs; that represent an honest chance to build a global currency and E-Commerce business system that will create collateral opportunities for other businesses to flourish and generate wealth for millions. We found TIM several weeks ago. It represented the right mindset for us. Then we found eBTC. If TIM is a great concept and model that’s 60% evolved, eBTC is the grail that is 100% ready to do so many things that it will take us several articles to define them all. And by the time we are done, there will be 100 more. This is what the internet did. It was created to bear the weight of the giants that would find and perfect its myriad of opportunities. eBTC is the blockchain equivalent of the Internet and the World Wide Web. No less, yet so much more.

Basic Math for a Complex Issue

I learned at a young age that I’d rather own 10% of $1,000,000,000 company than 100% of a $100,000,000 company You might be asking what the difference is. A team, alliances, shared liability, but most importantly, SCALE. eBTC has been in development for a few years and is on its second iteration. It is run by a team of business, economic, and tech professionals. Its sole purpose is to be all things for all things and where ever it is not, it makes space for others to seamlessly fill voids and build upon those advances. eBTC is not a company. It is an alliance of companies and professionals brought together under one umbrella for a single purpose: to create the next platform for mainstream blockchain adoption. eBTC is both the next internet and world wide web by creating a vehicle for all industries, all blockchain companies, all commerce, governments, cryptocurrencies, settlement systems and just about anything you can imagine. eBTC is WWW times ten. It is not just a vehicle but a solution. It’s not just a solution but an opportunity. It is a concept, a theory, and a reality right now. eBTC provides a platform and pallet for today’s and tomorrow’s geniuses to paint portraits of a better world. Remember, genius is like common sense, not common at all. eBTC is the first blockchain entity to recognize that while you may have geniuses of your own if you build a welcoming home for the truly special among us, they will come.

What's Jon's Take?

At the heart of eBTC is their Ecosystem. No, not a green ecosystem. An E-commerce Economic system. I emphasize ECO simply because it's a term you WILL need to know. eBTC has built a group, as opposed to 4 or 5 people biting off a chunk and hoping they can swallow it. They use Proxy for their wallet, their own payment processing, JetCoin as a rider, and even included CryptoCriterion. They responded with an openness and level of access unheard of in blockchain endeavors, eBTC has allowed us a first look and asked for nothing in return. Helping make the world aware of their amazing ‘TOOL’ is an honor for us.

What's in the Bag?

With eBTC you can send 255 transactions for the SAME price of one Ethereum transaction. (Airdrops anyone?) Also, eBTC transaction speeds are so fast that it's not worth mentioning. There will be no thruput bottlenecks of any kind. eBTC is immune to the increased demands of global that would cripple every other company we know of. This incredible group of people all work towards the same common goal, and they do so for free. ALL of the core developers and staff have personally paid their way to the surface. Not a single person has made money or seems concerned with monetization in any way. EBTC may be the first blockchain company to actually have an earned billion dollar valuation. It may, in fact, be worth many times that very quickly. When I did my digging, I dropped into their telegram channel and couldn't believe the atmosphere that I saw: it was like family, it was home, it was inviting and educating. I learned everything there is to know about eBTC from its core team within a day. We made connections within that same day and launched a campaign.

eBTC’s security protocols are so well considered and applied, they may represent new tech by themselves. I have personally audited the ProxyWallet code, and it includes some of the most robust security I have seen in a wallet. The feature-set that eBTC has baked into their product is insurmountable compared to any other token or coin on the market. Do you want to buy into online gaming? Done. Do you want to create your own payment system and accept eBTC alongside EVERY other crypto out there? Done, the merchant gateway has been live for over a week.

The Message

Remember, I said this was a multi-part article. Let me explain why: Although it took me just a day to understand the entirety of the inner-workings, it took me weeks of hearing PERSONAL stories from telegram users and in-person interviews alike to realize what eBTC REALLY is. It is the vision of Nakamoto. It is built on the Ethereum network and improves upon every possibility. Users in the telegram chat mentioned stories ranging from divine intervention, all the way to accidentally buying eBTC with their last $100 and waking up to $9,000. Now, I take everything I hear with a grain of salt, but these are not developers or core team members saying these things, these are everyday people. For now, all I can say is check them out, hop into their telegram chat. Feel them out and might just realize you've discovered a new land. If you are like us, you to may feel a certainty about a blockchain story for the first time too. You'll thank us later.

Posted from my blog with SteemPress : https://www.cryptocriterion.com/ebtc-nakamotos-vision/

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