245. Why this crazy value increase? Part 1
Money is an agreement. It is based on trust and usability. We use money to transfer, store and measure value. We use it as a mean of exchange but we rarely invest in money because the money we are used to does not gain in value. This money does and that is the main idea behind it.
The money supply is not fixed. Money is created as credit in private banks. The banks can take advantage of this. They can lend out money that does not exist.
In our system, we start with no money at all, and then we create 10 Global for each member in the system. When Global is converted to TrueCoin, an additional 10 Global per member is created.
So money in our system is created little by little, every day, never ending. This way, the money supply is always in proportion to the number of members.
So we generate digital coins with a data system that is following a set of rules. The magic is to make the users find value in these digital coins.
Our system gives our members Global and TrueCoin for free but in a limited amount. These can be traded among the members. There are reasons for buying and selling. Some members will buy TrueCoin because of the rapid value increase and some will sell TrueCoin to get cash to spend.
The trade will give value to the coins and the system is clearly favouring the ones that are buying. This way, we attract investors to the system. The free income, will attract new members, so we can expect a strong flow of new members.
The values in this system will be created by the members. All members will use and accept this money as valuable. A money system is dependent on users that find the money valuable. The more members in a system, the more we will trust it. The more we will invest in it.
More members will create a base of customers that will attract companies to accept this money. Because it opens new markets for them. The more we grow, the more companies will be willing to accept this money.
Our system is created so that the money will increase in value the more members we are. And we are offering the free daily income to invite more members. So all along the way, there are super strong incentives to the members.
The members that are in the system will earn more if more members are joining, so they will promote this idea. The new members will join for the free income and to be able to invest in TrueCoin.
So our system is based on growing in members with the goal of having all the world as members. As the incentives for all users are super strong, this is very likely to happen.
We all get 10 Global daily and we use this to buy TrueCoin. The price starts with 1 Global and increases with 0.000 001 Global for each TrueCoin that is bought. As the price of TrueCoin rises, we will get less and less TrueCoins per day.
In the beginning the members can buy 10 TrueCoins per day. When all the world has joined us, one TrueCoin will cost 10 000 Global so it will take 1000 days to buy one TrueCoin.
So it is getting more and more difficult to buy them and this means that there will be less TrueCoins per member as more members are joining.
The price is a function on supply and demand. More members and companies mean more demand, but the supply is not increasing at the same speed. So early investors buy because of future expections and when we analyse the system, we know that the price will shot up.
Money is an agreement. It is based on trust and usability. We use money to transfer, store and measure value. We use it as a mean of exchange but we rarely invest in money because the money we are used to does not gain in value. This money does and that is the main idea behind it.
The money supply is not fixed. Money is created as credit in private banks. The banks can take advantage of this. They can lend out money that does not exist.
In our system, we start with no money at all, and then we create 10 Global for each member in the system. When Global is converted to TrueCoin, an additional 10 Global per member is created.
So money in our system is created little by little, every day, never ending. This way, the money supply is always in proportion to the number of members.
So we generate digital coins with a data system that is following a set of rules. The magic is to make the users find value in these digital coins.
Our system gives our members Global and TrueCoin for free but in a limited amount. These can be traded among the members. There are reasons for buying and selling. Some members will buy TrueCoin because of the rapid value increase and some will sell TrueCoin to get cash to spend.
The trade will give value to the coins and the system is clearly favouring the ones that are buying. This way, we attract investors to the system. The free income, will attract new members, so we can expect a strong flow of new members.
The values in this system will be created by the members. All members will use and accept this money as valuable. A money system is dependent on users that find the money valuable. The more members in a system, the more we will trust it. The more we will invest in it.
More members will create a base of customers that will attract companies to accept this money. Because it opens new markets for them. The more we grow, the more companies will be willing to accept this money.
Our system is created so that the money will increase in value the more members we are. And we are offering the free daily income to invite more members. So all along the way, there are super strong incentives to the members.
The members that are in the system will earn more if more members are joining, so they will promote this idea. The new members will join for the free income and to be able to invest in TrueCoin.
So our system is based on growing in members with the goal of having all the world as members. As the incentives for all users are super strong, this is very likely to happen.
We all get 10 Global daily and we use this to buy TrueCoin. The price starts with 1 Global and increases with 0.000 001 Global for each TrueCoin that is bought. As the price of TrueCoin rises, we will get less and less TrueCoins per day.
In the beginning the members can buy 10 TrueCoins per day. When all the world has joined us, one TrueCoin will cost 10 000 Global so it will take 1000 days to buy one TrueCoin.
So it is getting more and more difficult to buy them and this means that there will be less TrueCoins per member as more members are joining.
The price is a function on supply and demand. More members and companies mean more demand, but the supply is not increasing at the same speed. So early investors buy because of future expections and when we analyse the system, we know that the price will shot up.