MaxCoin Silver Cryptobullion - 999 fine physical silver cryptobullion
MaxCoin Silver Cryptobullion
"DEFENDIT NUMERUS" ... safety in numbers
The ultimate safe haven asset for advocates of sound money.
Silver Cryptobullion combines the benefits of owning Precious Metals and Cryptocurrency.
Currently available for sale *exclusively* on StartJOIN.com:
https://www.startjoin.com/maxcoinbullion
About MaxCoin Cryptobullion
MaxCoin Silver Cryptobullion is a privately minted 1oz 999 fine silver round featuring a tamper evident security hologram that protects a maxcoin private key - the "password" for an address on the blockchain that contains 100 maxcoin. The first 8 characters of the address is printed on the front of the hologram, which can be used to independently verify the balance.
To redeem the maxcoin, the hologram must be peeled off the face of the coin to reveal the private key. Removing the security hologram destroys it in the process so that it cannot be re-applied, for security purposes. The maxcoin private key can then be loaded directly into your maxcoin wallet and spent digitally, if you choose to do so.
Some Monetary History
Over thousands of years of history, silver and gold have through market forces been determined to be the soundest form of money and the most honest monetary basis on which to operate a free market economy. Precious metals cannot be created ex-nihilo, or rather, out of thin air. They have true allodial title, meaning ownership is implied by possession - if you dont hold it, you dont own it - and it has zero counterparty risk, meaning that it is one of the only financial assets which is not simultaneously someone elses liability.
Physical assets and commodities such as tobacco, cattle, grain, copper, seashells, tea and oil have at one time or another functioned as currency, as their value is intrinsic to the object rather than dependent on a promise from a third party. However, each have flaws which mean they do not work very well as money. Eventually, silver and gold is selected by civilisations throughout history, time and time again, through a free-market selection process to fulfil the role of money. The reason for this is that they are elements with unique physical properties that make them highly useful for use as money.
Sound money must have all of the following properties to be a dependable monetary instrument:
1) A unit of account
2) Easily portable
3) Easily divisible
4) Highly durable
5) Fungible
6) A reliable store of value over time
Silver and Gold fulfil all of these properties and have traditionally been the safe-haven assets that society flocks towards in the face of turbulent economic times as a way to preserve their wealth from a fundamental corruption of the monetary system and to hedge their financial future against the reckless decisions of others.
A sound money standard imposes a certain amount of restraint upon those who would act irresponsibly, preventing a buildup of excessive risk in the economy.
Where does MaxCoin come in?
Cryptocurrency is a very recent innovation in banking and finance and is best described as an inherently deflationary currency regulated by a trustless decentralised network of computers that together maintain a distributed public ledger, without the need for a central authority to verify transactions. It is the expression of pent-up mistrust of and frustration with the existing global banking and financial systems. In addition, it represents the emergence of a "global insurrection against banker occupation and a social paradigm shift away from the catastrophic Keynesian economic models that have brought the global economy to breaking point, and away from assets with uncertain levels of counterparty risk, encouraging those who are liberty-minded towards an economy that is free of excessive levels of debt and instead founded on a sound monetary platform that encourages savings and and prudent financial behaviour.
MaxCoin (and cryptocurrency in general) shares many of the properties that give silver and gold their value as money, while dramatically improving on others. This is not by coincidence, it is by design. The process through which new supply is created is a decreasing exponential function, mathematically modelled on the process of mining gold. This ensures a theoretical finite supply, which becomes progressively more difficult and expensive to create over time. However, while it fulfils most of the criteria of sound money, it has yet to prove itself as a reliable store of value over time. Prices in the cryptocurrency markets have been highly volatile while in their early stages, but this represents a truly free market with natural price discovery processes that are not impeded.
While cryptocurrency has huge benefits over existing monetary instruments, some argue it has no intrinsic value, while others argue that it has intrinsic value due to the fact it permits instant, global, peer-peer frictionless payments at almost no cost whatsoever. It's use as a currency is growing, but silver has a proven track record in its use as a store of value over time. Combining the properties of both of these assets into a Cryptobullion round gives investors the best of both worlds.
Why own Cryptobullion?
The inscription on the face of this silver round Defendit Numerus is a latin phrase that means safety in numbers". Numbers don't lie; they can be trusted above all else.
Precious metals remain the ultimate safe-haven asset, and the recent whirlwind of innovation in the cryptocurrency markets may distract attention from the proven historical track record of silver and gold of preserving and storing wealth over extended periods of time. Combining silver and cryptocurrency together into a physical object, Cryptobullion gives investors a way to gain exposure to both the precious metals market and the cryptocurrency market simultaneously. If you are invested solely in one or the other, you may get left behind by a violent market correction.
Cryptobullion gives people an easy way to obtain assets with real value that have zero counterparty risk and allodial title. MaxCoin Silver Cryptobullion could be the ultimate safe-haven asset! Pledge to this project today and be one of the first to receive a 100 MaxCoin 1oz Silver Cryptobullion round.
Design Specifications
The silver round is 1.5 inches in diameter.
It has a silver content of exactly 1 troy oz of 999+ fineness.
It contains 100 maxcoin stored on a private key printed on a 0.5 inch disc behind a security hologram of 1 inch diameter.
The maxcoin address associated with a secret private key so that the balance can be verified on the blockchain.
Individual rounds will come in a protective transparent coin-capsule and presentation box.
Multiples of 20 will come in airtight mint tubes.
https://www.startjoin.com/maxcoinbullion
"DEFENDIT NUMERUS" ... safety in numbers
The ultimate safe haven asset for advocates of sound money.
Silver Cryptobullion combines the benefits of owning Precious Metals and Cryptocurrency.
Currently available for sale *exclusively* on StartJOIN.com:
https://www.startjoin.com/maxcoinbullion
About MaxCoin Cryptobullion
MaxCoin Silver Cryptobullion is a privately minted 1oz 999 fine silver round featuring a tamper evident security hologram that protects a maxcoin private key - the "password" for an address on the blockchain that contains 100 maxcoin. The first 8 characters of the address is printed on the front of the hologram, which can be used to independently verify the balance.
To redeem the maxcoin, the hologram must be peeled off the face of the coin to reveal the private key. Removing the security hologram destroys it in the process so that it cannot be re-applied, for security purposes. The maxcoin private key can then be loaded directly into your maxcoin wallet and spent digitally, if you choose to do so.
Some Monetary History
Over thousands of years of history, silver and gold have through market forces been determined to be the soundest form of money and the most honest monetary basis on which to operate a free market economy. Precious metals cannot be created ex-nihilo, or rather, out of thin air. They have true allodial title, meaning ownership is implied by possession - if you dont hold it, you dont own it - and it has zero counterparty risk, meaning that it is one of the only financial assets which is not simultaneously someone elses liability.
Physical assets and commodities such as tobacco, cattle, grain, copper, seashells, tea and oil have at one time or another functioned as currency, as their value is intrinsic to the object rather than dependent on a promise from a third party. However, each have flaws which mean they do not work very well as money. Eventually, silver and gold is selected by civilisations throughout history, time and time again, through a free-market selection process to fulfil the role of money. The reason for this is that they are elements with unique physical properties that make them highly useful for use as money.
Sound money must have all of the following properties to be a dependable monetary instrument:
1) A unit of account
2) Easily portable
3) Easily divisible
4) Highly durable
5) Fungible
6) A reliable store of value over time
Silver and Gold fulfil all of these properties and have traditionally been the safe-haven assets that society flocks towards in the face of turbulent economic times as a way to preserve their wealth from a fundamental corruption of the monetary system and to hedge their financial future against the reckless decisions of others.
A sound money standard imposes a certain amount of restraint upon those who would act irresponsibly, preventing a buildup of excessive risk in the economy.
Where does MaxCoin come in?
Cryptocurrency is a very recent innovation in banking and finance and is best described as an inherently deflationary currency regulated by a trustless decentralised network of computers that together maintain a distributed public ledger, without the need for a central authority to verify transactions. It is the expression of pent-up mistrust of and frustration with the existing global banking and financial systems. In addition, it represents the emergence of a "global insurrection against banker occupation and a social paradigm shift away from the catastrophic Keynesian economic models that have brought the global economy to breaking point, and away from assets with uncertain levels of counterparty risk, encouraging those who are liberty-minded towards an economy that is free of excessive levels of debt and instead founded on a sound monetary platform that encourages savings and and prudent financial behaviour.
MaxCoin (and cryptocurrency in general) shares many of the properties that give silver and gold their value as money, while dramatically improving on others. This is not by coincidence, it is by design. The process through which new supply is created is a decreasing exponential function, mathematically modelled on the process of mining gold. This ensures a theoretical finite supply, which becomes progressively more difficult and expensive to create over time. However, while it fulfils most of the criteria of sound money, it has yet to prove itself as a reliable store of value over time. Prices in the cryptocurrency markets have been highly volatile while in their early stages, but this represents a truly free market with natural price discovery processes that are not impeded.
While cryptocurrency has huge benefits over existing monetary instruments, some argue it has no intrinsic value, while others argue that it has intrinsic value due to the fact it permits instant, global, peer-peer frictionless payments at almost no cost whatsoever. It's use as a currency is growing, but silver has a proven track record in its use as a store of value over time. Combining the properties of both of these assets into a Cryptobullion round gives investors the best of both worlds.
Why own Cryptobullion?
The inscription on the face of this silver round Defendit Numerus is a latin phrase that means safety in numbers". Numbers don't lie; they can be trusted above all else.
Precious metals remain the ultimate safe-haven asset, and the recent whirlwind of innovation in the cryptocurrency markets may distract attention from the proven historical track record of silver and gold of preserving and storing wealth over extended periods of time. Combining silver and cryptocurrency together into a physical object, Cryptobullion gives investors a way to gain exposure to both the precious metals market and the cryptocurrency market simultaneously. If you are invested solely in one or the other, you may get left behind by a violent market correction.
Cryptobullion gives people an easy way to obtain assets with real value that have zero counterparty risk and allodial title. MaxCoin Silver Cryptobullion could be the ultimate safe-haven asset! Pledge to this project today and be one of the first to receive a 100 MaxCoin 1oz Silver Cryptobullion round.
Design Specifications
The silver round is 1.5 inches in diameter.
It has a silver content of exactly 1 troy oz of 999+ fineness.
It contains 100 maxcoin stored on a private key printed on a 0.5 inch disc behind a security hologram of 1 inch diameter.
The maxcoin address associated with a secret private key so that the balance can be verified on the blockchain.
Individual rounds will come in a protective transparent coin-capsule and presentation box.
Multiples of 20 will come in airtight mint tubes.
https://www.startjoin.com/maxcoinbullion