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BITCOIN: NOT A SCAM










By Mr Michael Eluh - PNG Cryptocurrency Mentor & TBC President.


For ignorant and close minded people, I understand that every new innovation for them is always be a scam.
Bitcoin was the first cryptocurrency with the mission to decentralized money in 2009. Everyone called it a scam. In 2010 (a year later) first transaction was recorded when a young man exchanged 10,000btc for pizzas worth $25.
In 2011, a man exchanged 1000btc for an old 1984 Nissan sedan car (2 years after launch). 2013 was a year if breakthrough for bitcoin after Bill Gates investment and Microsoft as its first merchant (4 years after launch). Ethereum was launched with a different mission statement. Verge, Patientory, GameCredit, NEM etc each has its mission statement.

TBC's mission is not to decentralized money because bitcoin has already achieved that. TBC mission is to decentralized wealth. With this mission, TBC will never be found in coinmarketcap which is already dominated by the elite.
TBC will never be affected by demand and supply which is tied to world's economy - still manipulated by the elites (1% of the world population who hold 99% of the world resources).
TBC's mission is different hence it mode of operation is different too. It's a community based coin first of its kind not market based. Now other coins have joined the method of TBC and establish themselves as community based coin.

Remember, when telephone was first introduced, no one knew there will be wireless phones talk less of GSM and VOIP. So, rather than calling TBC scam coin, be open to new ideas and innovations. We cannot fully comprehend what exactly the future holds for blockchain technology.
TBC is the best thing that ever happened in Cryptocurrency history, Patience is the key.

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