When i first stumble on the idea of thebillioncoin i actually laughed it off because it doesnt only sound stupid but also impossible.
Imagine a currency that will be worth 1B Euro and i went like:
In fact when i was told my $100 investment will be worth billions of dollars when it eventually gets to the ultimate price, i was like :
You see my mind couldn't comprehend it because have had my fair share of economics in real life and i know that there are some rules of economics that you cant just break. I mean they are the rules that holds the world together and its infact the only rule that the banks and other currency hinges on even our very own dear BITCOIN.
I know many wants to know what the rule is at this moment- well i promise any one who gets this right 100 steem power ( just kidding though).
SCARCITY is the RULE - Most of us have been wired to believe in scarcity but the truth is God never creates scarcity, scarcity is man made.
Have you ever wondered why the ocean never run dry or the sand at the sea shore and other mineral resources never run dry even after over 100 million years of the earth according to scientist - heck some even said the earth is over 1billion year.
Well back to one of the other reason the TBC projects sound so stupid to me is my background- I study electronics and computer engineering in school but i have always been around business all my life, i started trying my hands on business since i was in secondary school ( Americans call it high school), read my first Napoleon hill book at the age of 17 and hit my first million at the age of 21 after many trials and error in different business.
I stumbled on digital currency in my 4th year in school, i know so many people never knew that e-gold is the first peer to peer digital currency ( not cryptocurrency) as far back as 2002 or so and i have never look back since then. From the days of egold to ebullion to cgold and so on and so forth- i mean no digital currency works with the idea of abundance like the TBC project.
TBC hinges his growth rate on the membership growth and its 100% proof of stake cryptocurrency, i dont want to get all technical because i know there are so many techies on this platform and we can go all back and forth all day about why this wont work based on their knowledge, having said that - Lets talk about MONEY and its value in a lay's man language.
WHATS THE VALUE OF MONEY?
Money in itself has no intrinsic value- the value of money is what the users of the currency have agreed to call it and their agreement on its adoption as touching exchanging it for goods and services no more.
If a group of ten folks agree to place a value on a piece of paper or stone and agree to exchange it for goods and services that my friend becomes MONEY. The value of such commodity becomes what they call it.
One of the amazing thing about the TBC agreement is that it keeps growing as the membership increases and the coin will keep going up and never come down till it hits the ultimate price of 1B euro( this is the part the mind of most folks cant comprehend)- LOL
The truth is if you understand the concept of money and that its power hinges on adoption, then you can imagine how valuable TBC will be when its membership hits 1 billion people and they have all agreed to use TBC as a means of exchange within themselves. As we speak the membership of TBC is 427,894 and a lot of exchange for goods and services are already going on among the members.
I have personally bought a car and a landed property here in Lagos, Nigeria with TBC and i know a lot of folks doing the same all over the world.
I can hear someone say 1 billion members is never possible but facebook just announced it hits 2 billion active members some few days ago. Imagine if Mark now says he wants folks to start doing business on facebook and paying for ads with an in house cryptocurrency- the value of that currency will so go out of the roof and the facebook team will make stupendous money in transfer charges. Even if they charge half a cent per transactions.
Whatever you do, try not wrap your head around how its going to work like i did the bitcoin project many years back ( this is another story for another day) just try get some TBC and good enough TBC is giving away FREE 50,000 kringles (kringles is the smallest units of tbc just like satoshi with bitcoin).
So you have nothing to loose by asking to receive some FREE kringles.
If you want some FREE kringles, let me know in the comment sections below and i will be glad to let you in. Cheers
Every couple weeks someone comes into the LBC forums asking if someone can cash out their TBC. No you can't cash it out, because it's a Ponzi/pyramid. You can only cash out when they let you, and they won't let you, so your money is lost if you bought in, and your time is lost, if you signed up for the free stuff.
Lol and who told you folks can't cash out? If i may ask when did folks started cashing out with Bitcoin? how many years after?
heck- someone even bought a piece of pizza with 10,000 btc, this is to show you how worthless bitcoin was back then. Thebillioncoin project is not a dash but a long haul, would you rather just get some now or regret it 10years from now because either you like it or not time will pass my friend.
I'd prefer not to participate in TBC, Onecoin, Gladiacoin, MMM, Ripple, and Dash.
At best going in is a speculative gamble, as long as you know it's gambling , Good luck, have fun, get rich, not with my money.
They are pyramid/Ponzi, onecoin is under investigation and some of the top people were arrested.
Lol..common even ripple and dash falls in onecoin category in your own book. So much for not wanting to loose your money. Goodluck
Take a look here before investing any of your money in TBC! https://bitcointalk.org/index.php?topic=1592288.0 then decide for yourself.
No source code, no whitepapers, no future road map, not on any exchanges...