Based on a true story from the future.
My name is Mrs. Itold Youso. Do you know me? Read my name again. Do you know me know? Read it again. Some just need longer, some need it more often, and the majority of all will never see the light of the obvious. That's why I am here and if you are patient, want to learn how to have a keen eye, and read this till the end I may not have to tell you: I told you so! When the future has arrived.
This story happens in the year TWOTHOUSANDTWENTYANDSOMETHING. It is about YOU, its about Monaco its about Crypto, it's about the movement that caused the greatest shift of wealth in human history.
I am sitting on a yacht and I am feeling good, whatever materialistic, worldly items I need are swiped onto my black MCO Visa card. It reads 'Founding Member' on the front. It's shiny and the hand of the cashier typically inches down a bit when I hand it over. It is made from solid metal. I am a little exited to meet Mr. Idont Believe who should be here any minute. He seems to be young enough and handsome but has obviously missed the boot. He now has this little weird attitude of treating me like I am special just because I am as rich as he has always wanted to be. You do not want to be like Mr. Idont Believe!
The dinghy speeds across the glistening bay. He is arriving. The butler brings the cocktails and Mr. Idont Believe is slightly clumsy offering me to just call him: 'Idont' and starts asking questions right away.
Idont: 'So how come you are able to see into the future, how did you become supernatural?'
Me: 'It's very simple, my mother taught me that when growing up.' She said: 'girl remember, always look and see what people do, deeds mean so much more then words. If you notice a gap between what people say and how they act, you know they are not genuine. Then actually not to long ago I met a wizard. He explained to me that the key to creating the future lays in the INTENTION. This is the seed. It is the source, it contains everything and only needs to be fostered. The second step is to give it space, let it breathe, and expand in the ways it wants to grow. Next comes the acceleration. You know how it looks, it has a shape that now needs to be propelled. You push it, push it hard. Use your elbows if need be. Bring it up to speed. RELEASE! There is nothing more you can do, let it go! The million possibilities that no one will ever be able to foresee and predict will take it and make it what it is.
Idont: 'Are you serious? You are aware that I have studied at MIT and we are talking about logical, mathematical cryptography here. Are you actually believing in wizards?
Me: (smiling, thinking: 'poor studied soul'): 'You have asked me a generic question on how I am able to see the future. Life is very simple, if you understand a pattern you can reapply it, adapt it and spot it in almost everything. It does not need to be cryptographically complex. Just like you can now make BCH, or LTC or DASH using the same patterns of others before you. I believe you call it algorithms.'
Idont: 'Let's be less philosophical and get concrete. You are known to be the one who knew in 2019 that crypto.com is now dismantling the name signs from Bank tower skyscrapers in major cities and putting theirs on. How?'
Me: 'This is the part where I will lecture you on having an eye for detail. It often needs one hint, that makes the huge difference which most people miss. Have a keen eye! What do others not see, or what is different, is what my mom taught me. It was in Mai 2017 when something odd struck me. Right in my face! I was cruising around coinmarketcap.com and I see this blaring banner add that reads MONACO TECHNOLOGY GMBH blablabla ICO blablabla REFERAL LINK blablabla ADOPTION blablabla, BLACK METAL VISA CARD blablabla COMING OUT OF STEALTH, LAUNCH IN 3 MONTHS blablabla.
Idont: 'Are you for real? Are you telling me that you fell for an ICO scam add on a crypto website? This is ridiculous! You did not participate in that, did you? You knew that there was already TENX which had a community and an outspoken leader. Just another Visa Card Project called Monaco, without any community. Wherever you read, it was said it had copied part of TOKENCARD's whitepaper which had a hype ICO and was going to be all decentralized and really awesome with an asset contract which was going to hold 1% of all revenue ever to be processed with the card that Monaco had just copied. Tell me, what happened then?'
Me: 'Are you actually already brushing past the details even though I have just lectured you to focus on exactly those? Let me help you to see further then the end of your nose.
MONACO - The Principality of Monaco on the Côte d'Azur is known for it's glitzy casinos towering over the pristine mediterranean sea where Yachts, you have never seen before, bob in the water owned the rich and the beautiful. A name that can not be trademarked by anyone. Just take it, and claim the image along with it. Genius!
GMBH - A Swiss registered and regulated form of a limited liability company. Members are known by name and liable under SWISS laws.
REFERRAL LINK - dirty, real dirty often looks like a Pyramid scheme, but if it isn't, it is called NETWORK MARKETING which is know to be very effective especially amongst the regular population (remember Tupperware?). We are talking about facilitating Crypto adoption for the average Joe. GOOD CHOICE!
BLACK METAL VISA CARD - This urban Myth mostly Americans know. Rumor had it there is a black American Express Card that only the wealthiest have that you can swipe if you want to buy your own Learjet. Awesome Idea to cash in on that!
LAUNCH IN 3 MONTHS - Simply summarizing.: Between all these projects that had year long timelines and roadmaps, it would be revealed in a very short period of time if the team will deliver. There was basically a date set on which one could go after the known names if they were actually bold enough to say who they are, told everyone how much they stole and not deliver. Chances that they burn everything over a course of several years and then say: 'sorry did not work out' were manageable for that reason.
Idont: 'But they did not deliver! I remember exactly how the MCO token price spiked to astronomical highs in August 2017, to then collapse when all there was to see is a mediocre app that only let you register your name. It was clearly a scam. Pump n Dump the worst side of crypto.'
Me: 'You are talking about the second phase I mentioned earlier. When things take shape, impatience and over-optimism hinder it. You have to keep promises my mother taught me. This is how we met Kris Marszalek. Following the debacle he appeared in a video statement in September 2017 which I wish I could still find today. (please someone find it) A humble man, a grounded man, an honest man. I was so deeply touched by him and the way he stood up and became the face of the enterprise at this very moment. This was the moment when Monaco got a CEO. Someone who reinforced his promise. This man is either the best liar I have ever seen, I remember thinking, and would be equally the boldest and most stupid con-artist in the world, or he is for real like I am.
Idont: 'So what happened then? I kind of lost track of it after this point, as I was laughed at when even mentioning this project.
Me: 'Adoption never happened, is what happened. Speculators were looking for the next candle to shoot up and jump on it to find the next big promise, and the project that was bound to be a player in achieving exactly that fell into disgrace.'
Idont: 'Rightfully so, many people got burned. I wish those ICO scam times upon no one. So how did it happen that Monaco turned out to not be a scam?'
Me: 'It happened very suddenly, with again something surprising, remember I was taught to look for the things that happen different? Look for patterns! In Oktober 2017 my beloved CEO announced "Green Light for the Card Program by VISA" as a program manager. A status that till today no other crypto project has achieved. He kept his promise! There was no longer a gap between his words and his results. For anyone with an forgiving and understanding eye he became GENUINE, an ORIGINAL the one who can pull it off. This is however not even it. He became a VISIONARY at the same time. Or may I call him a wizard now? How did he know that the Tokencard TKN token and most other tokens considered a possible security would be delisted from exchanges in January 2018? He however knew it 2 months ahead of time and along with the visa announcement he pulled the 1% asset contract mentioned earlier off the shelf into the trash. One of the main draws of the project for many. He was hated for being able to see the future! Just because you were asking earlier, going forward it was mostly him who saw things before they happened. This is a quite a common feature within a certain group of people. Next followed step one of a now an established pattern: He promised again: "Many features and token utilities will be added to make up for it" and further: "MAKE IT EVEN BETTER". Yes! I believed he knew what it takes by then.
Idont: 'You sound like you have a crush on him! Seems pretty biased and you can only talk like this because it all went well and one can now look back to justify your trust. You are ignoring the lack of communication, not mentioning all the missed deadlines, 07-14.'
Me: 'If you don't mind I will just let this fall into the crack, if anyone expects another one to do the seemingly impossible, I will apply again what I was taught. Unconditional freedom. If you want what I do, you get it the way I do it! You can not put your condition on it! Apple for example is not known for missing it's deadlines, but long lines of people camping for days in front stores to receive a product. Did they have mega phone announcements informing people whats going on? or serve tea? No! It was even cool to be hanging like the homeless in the streets. I feel very cool now every time I swipe the card. Who is your mamma now?'
Idont: 'You are getting all emotional, should emotions not be left aside in the crypto trading circus?'
Me: 'Which trading circus? You make me skip ahead! Bots and Quant-trading mostly outperform humans nowadays. Crypto Invest represents that understanding and I can only congratulate those who use it for having machines do the work for them, which essentially results in all these novice crypto cooks being able to sleep at night and not getting burned by the typical FOMO patters this space has been seeing. What a smart move! Let's back up a little. This is only one feature of a whole string of announcements that no one ever promised. The haters kept taking for granted, and talking about emotions, it almost made me sick at times listening to the greed driven pest of speculators not caring about adoption nor smart investing, while disregarding the gifts they were handed.'
Idont: 'You keep mentioning promises. Why not focus on the initial promise, deliver quick and then keep building the rest of the product? Makes way more sense.'
Me: 'Well, now it is me asking whether you are for real. Remember the intention? Let me ask you this in return: "If the one thing, besides scalability, crypto needed at that time is adoption by the crowds, would a VISA card that allows you to spend your Crypto in the Fiat world in the dead of crypto winter, when the entire market was worth fractions of its former value, basically draining crypto in line with your intention? Or is it a maybe a steadily growing user base that was pulled along a string, getting one unexpected feature after another building on top of the Wallet app that was released in May 2018 a year after the ICO? Successively it allowed fiat currency to come into the space with increasing options, introducing cautious novices to the space by implementing a Platinum Reward Program.'
Idont: 'What was that program supposed to be? I don't think it is still around is it?
Me: 'It was so many things in one for the keen eye. The first thing I saw was that it was proof that Monaco was NOT a pyramid scheme.
Idont: 'To me it looked like a cheap, dirty pyramid system to lure your friends into investing into a project, that kept missing deadlines, which had barely any return for those referring.'
Me: 'If you can explain to me, how giving you a gift of 100 USD, that the company again gave me to give to you, without any strings attached, other then downloading and verifying an app is of any disadvantage to anyone! I will send you a million in MCO right now. Go ahead!
Idont: 'Ääähhmm!'
Me: 'To bad, there goes your fortune! I could elaborate on how it was designed to create passive income for those early adopters, brave visionaries of the ups and downs of the early days in the long run. I guess impatience and greed which led to people exploiting it made Kris change it to something less exiting. He was listening and abandoned good things to cater to those who do not have the vision yet. Cudos to that.'
Idont: 'You mentioned Switzerland before is that where they are located?'
Me: 'I guess so! something is there, something here, something is everywhere. There have been several incorporated entities in the process that appeared and went.'
Idont: 'That sounds sketchy!'
Me: 'On this I must agree with you for once. In Juli 2018, at a time I was increasingly getting tired of people hitting me up like: "Hey, I heard you are into the crypto thing, I kind of don't get it, but it sounds interesting. Can you give me some good tips?" 'Yeah, of course I can: 'Go to a website called crypto DOTCOM. Can you remember that?' What a stunt! However Kris did it, when he announced that they had bought the domain crypto.com and would rebrand, it became obvious that he is up to something much, much larger then what anyone has ever anticipated.'
Idont: 'Yeah I heard he spend 10 Million on that domain, what an unnecessary waste of development funds.'
Me: 'Do you know these products that actually don't have a name but are rather named like the brand that made them big. Like: "VELCRO®" or "Kleenex®"? Kris went even further. He did the equivalent to calling his beer brand: "BEER®" What does your confused mind more likely chose if you have a choice when it wants to get into crypto. For example 'FATBTC' or CRYPTO.COM? Which one does it remember better? Can you see this little piece of future yourself already now, maybe?'
Idont: 'So what was the much, much larger thing you just mentioned. What exactly was it?
Me: 'Kris had mentioned on multiple occasions the 'Amazon approach'. He said he wanted to build a product that was irresistible. Like you would be stupid not to use it. I told you earlier that I feel real good when I swipe my card. It is because I am saving 5% on every purchase as a cash back. Paid back to me in MCO. I needed a pink Tesla the other day and I bought me one. I got 5000 Dollars back. I do on anything I buy really. Isn't that unheard of? It is probably not irresistible to you as you don't buy fancy cars frequently. How about music, do you like music?
Idont: 'Of course I do, everyone does! '
Me: 'Interesting you say that, because Kris keeps saying:' "Crypto in every wallet". 'I get spotify for free. I pay for it with my card, and then get it reimbursed in MCO into my wallet. Do you like movies?'
Idont: 'Sure I fall asleep watching a series every night!'
Me: 'I really start liking you. Finally you seem to be liking the things everyone likes. Are you able to see a pattern? Crypto.com started piggybacking on the mayor mainstream platforms of the time to reach that audience. You had advantages at airbnb, expedia and free loungkey access. All of it not only at no cost, you were given a gift of MCO when you signed up even!'
Idont: 'This sounds too good to be true. Nothing comes for free. Your mother must have taught you that lesson I hope.'
Me: 'Let's get serious for a minute, you are right! Nothing comes for free. May I suggest to shift your view point a little bit? What is in for Kris? What is he going for? Nothing is for free here, he is paying for it. He pays your price so he can get a piece of the big pie. The really, really big pie. We are talking about a time in which we saw the biggest shift of wealth and power in human history.'
Idont: 'What do you mean by that? You sound like a little moon girl now. Can't take you serious like that.'
Me: 'Have you heard the saying: "The first will be last and the last will be first?" That is what I am talking about. Let's get back to some free, never promised, but yet delivered features. Crypto Earn for example. Crypto.com offered the opportunity to basically get a 12% p.a interest on a variety of stable coins. Eliminating volatility every one was scared off. They secured it with several safety standard certifications which eventually allowed him to insure crypto.com's holding to some extend. Remember that this was happening at a time when the NEW YORK TIMES thought it was important for economists to know that the FED would cut interest rates by a quarter point to 1.75%. Do you need me to help you to see who was at that time maybe still the small David, and who the Goliath?
Idont: 'So you are saying that crypto.com brought down the legacy financial system?'
Me: 'Let me respond with a very suitable quote here by Mahatma Ghandi. I am sure you know it: "First they ignore you, then they laugh at you, then they fight you, then you win." 'The system brought itself down. As it was sick in 2008 already. Very sick for the longest time and the obvious details everyone seemed to be ignoring. Crypto.com was just a tiny piece in the puzzle. Just one of a few needles in a hay stack. Laying right on top though, so easy to see.'
Idont: 'This is turning into a full blown "it's revolution time" story now, but back to you. You did not rise to the top of the wealthiest people in the world by saving money on your spotify subscription, did you?'
Me: 'Yes, I did! What we have to talk about is token economics. It was the simplicity within crypto.com that was so striking. Kris who seemed to have a very good hand to
cherry pick the simple successful models and patterns from the past and
current and pieced them together to create this irresistible product. A
product everyone wanted. People did not even know they wanted his
product. He was smart enough to have people want other products and by
doing so they would involuntary do something that they were not ready to
do out of own motivation. I am not going to try to unravel it in all
detail. Maybe he will do that at some point for me if I get to meet him
in person. I would love to hear his story.'
Idont: 'So what is the token economics now, don't make it drag on now!'
Me: 'The simplest of all economic principles is: "Supply and demand" which is underlying most economies, if not all. Kris designed a hybrid. He build something that was the bridge between the legacy system and the new system. He created a huge centralized suction cup that he controlled for the longest time. Bit by bit he then released it to keep the impression alive that this is about crypto and decentralization. The first big magnet that started sucking were the 'to good to be true' interest rates. No one sane let that pass by. He had build this proprietary Vortex Trading Engine that allowed him to hold all the tokens and coins hostage on crypto.com while pushing the trades over to the existing exchanges to be exchanged. In order to have better conditions for crypto earn, crypto credit and most every feature on the app including the VISA card, (he sure kept his promise to make the token utility much, much better) users had to lock up their MCO to benefit. This naturally depleted the supply of MCO token to the point there were no more left, which caused MCO's first spike which most of us don't even remember today. The first hodlers of the early days started selling. But more importantly only now, not during crypto winter when everyone was crying for it, did people start using their VISA Cards. Now they all had made some decent profits. This let to a steadily increasing demand for MCO on the market as Crypto.com had always reinstated the fact that all rebates are issued in MCO and are bought on the open market. With limited supply, and basically an algorithm which slowly but surely as per demand kept buying those supplies to reimburse the users. Volatility decreased because of it. The MCO chart had this steady incline with hardly any setbacks. This is when all those folks who initially came for the free spotify and netflix realized that the had been lured into the most awesome savings plan ever. Users no longer sold the MCO, that they had received as a refund, to fiat money to put back on the VISA Card for the next cycle. Instead them too started to hodl and lock up, realizing that this was the smartest retirement savings plan anyone could think of. Every month they would just send enough money from the legacy fiat accounts they still had at Bank of America and friends to crypto.com, to pay what they would buy anyways, listen to music and watch movies. The refund they kept in MCO which further and further stabilized and kept climbing steadily. The month crypto.com hit their first million users, Crypto.com had to buy approximately 35,000,000 USD worth of MCO on the open market just to reimburse. There is only about 16,000,000 MCO token in circulation you must know for you to get the scope of what happened then. The rest is history. It is safe to say that a large majority of early and actually not so early adopters earned their retirement by listening to music and watching movies.
Idont: 'Wow, and you saw this and knew it all along? At what price did you sell? if I may ask? And shouldn't you be mentioning this is not investment advise to keep you safe?
Me: 'I don't need to say that. I am just a fortune teller seeing things that have not happened yet. Everyone knows that. I have not sold yet, but I will! As much as I love Kris, this should serve him as a warning. Adoption will be completed at some point and everyone has no more fear to move on to the decentralized nature of this revolution which is the true value I see.'
I looked at him and winked an eye. 'Simple, Ha? Do you want another drink?'
I felt a little sorry for this guy. He had been around at those good old times. What aspects had he been focusing on? probably too many candles and spikes.
I pushed myself up hard to get out of the lounge chair, I am quite a portion you must know. I had to have a shower. I sweat under my left armpit only when I am in the hot sun like this and it stinks some time. Idont wanted to hang out some more, he seemed to enjoy the luxury. I am gonna spare you the details of the night that followed. I had some bad gas, but got laid by Mr. Dont. Finally he ended up doing something. I find it crazy what people are willing to do for the smell of money that the want so bad. He would do this only because I am rich. Why? Had he only seen the obvious. Do you now?