General

Why Deploy 10 Billion BQCash Tokens?

We get this question a lot. Why this figure? Why out of a lot of figures we can deploy, why 10 Billion? Is it too much? Is it too little? Is it just nice?

Well, actually we put quite some thought into the amount we want to deploy onto the network. It’s not just a figure we got inspired to do. Let us explain below why.

  • When we decided to come up with our own token, we wanted it to be used by the masses. We wanted senior citizens to be able to use it. We wanted young kids to be able to use it. We want it to be used to buy groceries at the supermarket or clothes at the mall. We want it to be used to buy your food, drinks, movie tickets, hotel reservations. We want it to be used GLOBALLY just like FIAT.
  • 10 Billion is a ’round figure’ to calculate. So does 100 Million or 10 Million. The reason we want to avoid is volatility of the price fluctuating. If we deploy 100,000 and the tokens received overwhelming response and demand, it’ll drive the price up. That’s not good for daily transactions.
  • In 2013, the world’s economy is estimated to be at a staggering USD75 Trillion! That’s a huge amount of money. So USD75 Trillion, divide it by 10 Billion tokens, the price of each token potentially can go to USD7500 per/token. We believe 10 Billion is suitable for a global economy and mass usage on a global scale.
  • Which is why we developed a POS Merchant App for the Eco System. So our tokens can be used. It can be easily deployed. You can convert your Bitcoins into our BQC Tokens and spend it.

Imagine this scenario:

  • Bitcoin hits USD100k per/coin. You bought 1 coin when it’s USD15k. Now you are in profit of USD85k. You can just convert it to BQC at whichever amount you want and spend it on products and merchants that uses our BTQ POS App.
  • Our role is to ensure that our POS Merchant App gets adopted and used by thousands of merchants. We develop it in such a way that merchants don’t need to stop accepting payments via Cash or Credit/Debit. They can still do so via the POS App. Its just that we allow payments to be made via the BQC Tokens as well.
  • This will ensure liquidity on your bitcoin and whether crypto portfolio you may have.
  • Even if you are in UK, there’s merchants who use our POS App, you can buy/transact using BQC. You don’t need local currency to do so.
  • Even if you are in Vietnam, there’s merchants who use our POS App, you can still buy/transact using BQC. You don’t need local currency.

Isn’t that the whole idea with blockchain? 😀

2 thoughts on “Why Deploy 10 Billion BQCash Tokens?

  1. Hello ,

    I saw your tweets and thought I will check your website. Have to say it looks very good!
    I’m also interested in this topic and have recently started my journey as young entrepreneur.

    I’m also looking for the ways on how to promote my website. I have tried AdSense and Facebok Ads, however it is getting very expensive.
    Can you recommend something what works best for you?

    Would appreciate, if you can have a quick look at my website and give me an advice what I should improve: http://janzac.com/
    (Recently I have added a new page about FutureNet and the way how users can make money on this social networking portal.)

    I wanted to subscribe to your newsletter, but I couldn’t find it. Do you have it?

    Hope to hear from you soon.

    P.S.
    Maybe I will add link to your website on my website and you will add link to my website on your website? It will improve SEO of our websites, right? What do you think?

    Regards
    Jan Zac

    1. Hey Jan!

      Sorry took so long for me to reply. My team and I are going through the last phases of our Eco System before the big launch in March 2018!
      Sure looking forward to adding you on our blog. 🙂 From your site I believe you are into network marketing? How’s it going for you so far? 🙂
      We wish you best success in your endeavours.

      However, point to note here, as someone new, we need to always do extensive research on each company that we want to participate in. Especially online network marketing companies. Simply google ‘scam (network co. name)’ and you can see if there’s bad reviews or people who’ve had bad experiences dealing with the company you are interested in.

      About marketing strategies, there’s loads to apply. I’d suggest you build a following on social media. Not necessarily share all the money making stuff, but share about your daily life. What you do, where you go, what you eat and take it on from there. 🙂 People want to know who you are, its how you build trust in this digital world.

      Best of luck!

      Kai

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