BBH - My reasons and thoughts for making a token

in The CTP Swarm3 years ago

Good day CTP Talkers and Hivians,

bbh.png

So, the first question I get from many people: Why? Why did you make a token and what is in it for you?

Let me answer the what is in it for me part. A few things. Pride, pride that I can do it, helping my fellow bloggers ( I will explain that below), and hopefully to set in place and build my reputation of being extremely dedicated to Hive and all our online communities.

The number 1 reason I created BBH - Bitcoin Backed Hive is as an investment tool. As Bitcoin continues to rise $16,650.77 USD (2.61%) and Bitcoin transaction fees are not cheap on small transactions I was wondering what I could do. With 100,000,000 satoshis per Bitcoin and a possible 21 million Bitcoin, well, that is a lot. As I might have mentioned yesterday, if Bitcoin ever gets to $1 Million then 1 satoshi will equal 1 cent. Then that day BBH will be worth 1 cent.

What I am trying to get at is, with no transaction fees on Hive-Engine for trading (only deposits and withdrawals) it is a great way to get a token that has the same value as Bitcoin.

Now with HivePay started, the ability to spend Hive-Engine tokens will be great.

My 2nd thought was a nice low price per token, token that people can use to reward others on Hive and Hive communities. You can get a lot of BBH for 1 Hive and use them as reward, tips.

And I am probably just touching the tip of the iceberg. I am sure people can come up with many more use cases for this new token. But those are the two main reasons I created for Use, And the personal reason I created it.

Finally, the goal is to have 1 BBH = and stay = to 1 Satoshi so as the price of Bitcoin rises so will BBH.

So as of this writing: 1,000 Satoshi = 1.38696255 HIVE approx!

Jump in, lets have some fun.

Feed back feed back feed back. Give me some!

Bradley

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your thoughts related BBH token are very much awesome so i want to see your thoughts dream so high and my first wish is to list this token on bitrex thank for sharing your great thoughts BBH ,boom boom BBH token great wish

Posted Using LeoFinance Beta

Thanks. Get it rocking on Hive-engine first :)