How A cryptocurrency like Bitcoin, Ethereum, Zcash, TBC get its value?

in #cryptocurrency7 years ago (edited)

Dear everyone,

While looking for value in cryptocurrencies, i come across this pretty video that nicely explains how cryptocurrency gets its value:

That is true:

People is the key to the value: just like stocks, internet company.

What is TBC: The Billion Coin

Find out more.

What is happening with TBC coin is a GAME CHANGER in the Crypto currency world. Simply put a large bank with large assets is going to accept TBC as an asset on their books and exchange the TBC for $US Dollars or other currencies.

Bitcoin CAN NOT be accepted by banks, because Bitcoin is too volatile to “bank on”…

After you read the information I have assembled here, I invite you to partner with me in the Kringle.Cash and become part of the test group.

Use this link: http://kringle.cash/?link=cashrich

Below are quotes from the web blog announcements on http://thebillioncoin.info

May 15th The Price of Success in TBC is So Low!

Very soon you will be able to cash in TBC in any major fiat currency and it will be easy.

May 17th 10,000 Testers Wanted for TBC Exchange

This is a very exciting time for TBC. Coming soon (as early as June 2017) we will have the Official Worldwide TBC Fiat Currency Exchange ready to test. Our Bank Exchange Partner and I are very excited to bring TBC into the mainstream with the Fiat Currency Exchange.

This is not a trading platform! This is not a peer to peer escrow service! This is a TBC Fiat Currency Exchange for the major currencies from around the world much like what you see at the airport, only this will be accessible online! Super Exciting! Convert TBC into Fiat Currencies like the USD and EUR in a matter of minutes; plus many many more!

Plus, by the time we roll out this Exchange we expect our membership numbers to be well over a million by then (3 to 6 month). That’s just too many people to start this TBC currency exchange to fiat. So, we believe 10,000 people is the perfect test group to get this started.

Once our Bank Exchange Partner and I agree that the test was a success and all of the bugs that may show up get sorted out properly, we will open up the Official Worldwide TBC Fiat Currency Exchange to the entire TBC community, all at once at that time; even if the TBC community reaches a Billion Members before we conclude the testing. This is a game changer in the crypto-currency world! It’s such an exciting time for all of us that believe in TBC and its mission to End Poverty globally!

May 20th 3rd Party Ways to Cash In TBC

Currency Exchange which honestly will take 3 to 6 months to roll out and smooth over all the bumps that may come along in helping our members cash in their TBC.

May 23rd Newest Kringle Cash Sign Ups Can Now Pay Early to Become Testers

Please Note: We have no direct affiliation with the Bank known as TBC Bank. That bank existed long before the existence of The Billion Coin (TBC). Our Bank Partner is substantially bigger than TBC Bank. Our Bank Partner is sitting on humongous assets and very small liabilities. TBC will be received as an asset on their books at the Current Price ongoing. Unlike the Fiat currencies they hold and have practically unlimited access to, TBC is appreciating in value, while FIAT currencies are rapidly depreciating. The Bank has access to a wide variety of financial instruments so that expansion of Fiat currencies is not going to become a problem down the road. Simply, don’t worry about the balance between the TBC they will acquire and the Fiat that they will dispense to our members because they can handle it. They will not have to wait for Fiat to come in through our members in order to pay out Fiat to our members; TBC stands on its own as a real currency! That’s a mouthful! What we are doing is unprecedented; and the first “Abundance-Based” currency is becoming a reality in the mainstream!

June 2nd Official Launch of Kringle Cash

Recently we established a partnership with a major bank who has agreed to accept our currency TBC/Kringle and exchange it for other major Fiat Currencies such as the EUR and USD.

Testers will receive a significant amounts of Fiat money in exchange for their TBC coins during the Testing period; equivalent to what most would consider an amount that is equal to a full-time income globally