Post
Topic
Board Altcoin Discussion
ERC-20 Tokens and ICO's are not Bitcoin
by
spawncoin
on 28/08/2020, 16:01:42 UTC
REAL cryptocurrency are not ERC-20 tokens but MINEABLE coins such as BITCOIN was created...mining on PC's and later GPU and now ASIC

SPAWN is created by people using their computers hardware and electricity, which they pay for, to mine the SPAWN blockchain and produce coins. 

Crypto is still in it's infancy but where we are today in 2020 is not where we were invisioned to be with BITCOIN being accepted everywhere and able to be used in micro-transactions to buy something as simple as a cappucino.

The VAST majority of people in the crypto world are in it for one reason....price speculation and to get rich.

The whole concept behind BITCOIN was to create a decentralized currency and crypto is far form that at this moment as to EXIT the system you need to at some point convert crypto back into FIAT as there are few options for spending it while it remains in crypto form.

Couple this with companies like chainlink who are able to track every crypto transaction on the planet outside of a handful of fungible privacy coins and even Bitcoin does not live up to it's original expectations.

Here in is the value of coins like SPAWN who are among the few which have actually achieved fungible status.

Couple this with a low mint max supply of ultimately 10 million SPAWN and out of the gate it has more real value than 95% of the coins on the market if you value PRIVACY in a world where that has become scarce