Monday, July 1, 2019

The Billion Coin and Cryptos

Q. Hi Lynn, There is a cyrpto coin out there called The Billion Coin (TBC). The 'owner' is seemingly a 'team" and the only name attached to the team is Kris Kringle (Father Christmas)!  It is labeled a scam (by professionals) who advise to keep away saying: "The sad truth is that TBC is a scam and they’re good at it". And: 
"TBC is aimed at people in third world countries, and it’s trying to separate them from their hard-earned money. For the most part, TBC is being heavily promoted in Africa and the Philippines. TBC scam artists are simply robbing poor people". 
On the other hand, some members are declaring TBC is the 'greatest'. And on the net we don't know who is who. 

A.  It is true that cryptos are popular right now.  There is money to be made, and because of the return on investment, people are putting trust in these.  This trust has motivated and inspired other cryptos to pop up in hopes of gaining some market share.  The real issue is the value is very subjective because they are only worth what someone is willing to pay because they are not backed my anything tangible.  Even Bitcoin and Ethereum are subject to vulnerability, but of ALL the cryptos, they "feel" the most secure due to their platform, and the "perceived value that people trust."  


Having said that, be cautious of all others, especially ones that have any kind of vibe of skimming from the top (certain fees may be required, buy memberships, monthly dues, large fees for purchase/sell, tight limitations to trade/sell, etc).  The TBC above feels to fit this category, and for those reasons I do not trust the longevity of this crypto.  

Again, there is money to be made with cryptos, but you have to watch your investment.  I have always seen a newer electronic currency emerging, and when that does, cryptos will slowly phase out (the governments will take control because they want to be able to do a transaction tax).  Without going too far in a political direction, I get "Trumpet" will block this as long as he is in office, but if a more "social regime" gets in, they will be quick to move with this to obtain tax revenue.  Watch the news, and watch your crypto investments closely!


And that is all I have for this reading.  Thank you.  Love and light, Lynn


To view free public posts, videos and discussion, please view any of the following platforms: 
Brighteon 
BitChute 
YouTube

YouTube BACKUP Channel

GAB 

3 comments:

Craig said...

Interesting. You know, even the money we use (fed reserve notes) has no value either. Its not backed by anything yet we use it because everyone accepts it as a medium of exchange. As more and more people and businesses accept cryptos as payment, it lends more credibility and stability to ones like bitcoin especially. The problem with cryptos has been manipulation by forces that buy into or take over the exchanges. This is being remedied and you cam see that reflected in the rise in prices. Anyway cryptos have potential to be a legitimate alternative for payments as we go through the reset not just a way to invest. Speaking of reset lynn, do you feel this coming soon, like by the end of 2020? Kennedy tried his own reset by introducing united states notes into circulation which could be echanged for silver but right after he did that he was assasinated and the notes pulled from circulation. Maybe trumpet can pull it off this time or something similar that gives a smooth transition instead of crash.

EA RW said...

For some reason I trust etherium more. You can mine it yourself using a dedicated graphicscard.
Only did some research but I'm not into this digital currency.
money has no value it is legal tender accepted by the masses. And some people always need more than another...
It's always the same story, they are looking for how to make US pay for using their lunatic system. And yet they don't tell us anything because it doesn't benefit them. It is an outrageous scam and people fall into it.

Sam said...

Is there a possible spiritual awakening tied to the money such as people's own currency ?