Can The Success Of Bitcoin Be Repeated?
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Can The Success Of Bitcoin Be Repeated?
Whether you like Bitcoin or not, you cannot help but marvel at the success Bitcoin has created in such a short space of time. Had you spent just $100 (approx £70) on Bitcoin in 2010, your investment would have grown to $72 million by early 2021. That is an astonishing level of growth.
If you could turn back the clock, would you join me in buying bitcoin when I purchased it for the first time in late 2010 or would you hold out to see if it catches on? – like many others have done and continue to do.
Many people feel they have missed the boat with Bitcoin as they perceive the price as being too high and the risk of losing their coins (money) as being even higher. Those who have tried to research cryptocurrencies have run into a barrier by not being able to fully comprehend the cumbersome techy terms. These points have been enough to convince most people to look the other way and partially pretend cryptocurrencies or digital money do not matter. So for those people who have so far missed out on big growth earnings and for those who continue to look for more big earners in the crypto, blockchain world, we ask the question, will there be another Bitcoin type crypto which we can ‘all’ invest in and watch grow?
To achieve such a mammoth task, we must first do two things in order to try and replicate and/or surpass Bitcoin’s success. First, we must replicate the amazing bitcoin system which we already love and trust. Secondly, we must remove the negative aspects of the existing Bitcoin system and replace them with positives. By completing both these goals, we can then work towards enticing the existing Bitcoin and crypto crowd to flock to our new coin in addition to much newer users and investors. We may well be all in luck because that is exactly what Football Goal Coin (FGC for short), is designed to do. We have taken the existing bitcoin system and recreated it to make it better in all the right ways and added some superb positives for inclusivity of all the different potential users.
FGC is not being rolled out as a get-rich-quick-scheme, it has been in development since 2017 when during the month of December 2017 I decided to create a digital coin to help people who had missed out on Bitcoin, to get onto the bandwagon of digital currencies and blockchain technology.
Of course there can not actually be another Bitcoin exactly because BTC was the first to market and that feat cannot be repeated however, we can work towards creating an improved system which matches Bitcoin or surpasses it.
The following are (in my opinion) the negative aspects of Bitcoin:
- PRICE: The average person cannot afford to buy a whole Bitcoin at its current price.
- KNOWLEDGE: Crypto and blockchain information is still too technical and complex for the average person to understand and be comfortable with their calculations.
- NEGATIVITY: There are a lot of shoddy cowboys and corrupt exchanges that are looking for opportunities to rip people off. This opens a gateway for draconian regulation.
- PUBLIC OPINIONS: Governments and the media have largely misinterpreted everything related to cryptocurrencies and this has harmed public confidence.
- MINING: Due to equipment costs and other specialised knowledge required, Bitcoin mining isn’t an activity for the average person.
Football Goal Coin must find solutions to these problems if it is to replicate the success of Bitcoin. Here is how Football Goal Coin has attempted to answer these issues.
- PRICE: Since FGC is a new cryptocurrency, its price will be minimal to begin with, allowing newcomers to get in early. The tokenomics of FGC will go a long way to help users understand how Football Goal Coin operates and I personally will do my best to make all information as clear and easy to understand as possible.
- KNOWLEDGE: The FGC is themed around football (Soccer), the most played, recognised, and understood sport in the world. If you can understand football, you can understand FGC.
- NEGATIVITY: Users have the freedom to instantly download and save their FGC to any device and prevent exchanges from losing their funds in a hacking scandal, misusing their coins, or declaring bankruptcy. In addition, the FGC Escrow system allows users to avoid using an exchange and conduct a private sale or transfer their FGC for payment for goods and services.
- PUBLIC OPINIONS: We can’t say all of the public opinion has been wrong. In order to prevent future issues, we must remain cautious in spite of scandals surrounding exchanges. Therefore, all key decisions for FGC will be decided via a democratic referendum, through which FGC users will decide what should be done in important matters.
- MINING: FGC can be mined using any device connected to the internet, including smartphones. This means you don’t have to buy expensive mining equipment or set up complex mining rigs. FGC mining is a democratic process and provides authority to reliable users (which can be anyone) to provide honest data. It will be possible for FGC miners to mine whenever they want without needing to pay huge energy costs like Bitcoin miners do.
Football Goal Coin is designed to be user-friendly, non-complex and easy to operate. It is essential that all parts of the FGC system operate transparently and benefit the users only.
We will provide more information about Football Goal Coin in the near future. Don’t forget to register for our alerts by visiting our website www.footballgoalcoin.com. Thank you very much for reading
Manny (Co-Founder)
