The recent gold rush linked to cryptocurrencies landed coins and tokens on the frontrow of moneymaking schemes around the globe. This belief comes mostly from the meteoric rise of Bitcoin price during last year, which also led to a rise in the rating of other cryptocurrencies.

Today, there are still groups pushing for cryptocurrencies to be treated as assets, or investments, as opposed to actual money that can be spent. Thanks to these groups, mainstream confidence in cryptocurrencies has eroded over the last few months, with many seeing them as a fad or a bubble that was never meant to really work.

A Hard Fact

The truth is- the blockchain is one of the few secure-by-design systems in the world, where its distributed nature means every transaction is recorded and it is impossible to commit large-scale fraud without somebody noticing it. It is also impossible for a cryptocurrency issuer to print or produce large amounts of the said currency without the market immediately noticing, thus bringing the overall value down.

Cryptocurrencies were made to work specifically with the blockchain, thus making them the safest way of performing the oft-recurrent mercantile tasks.The truth is, if you’ve been looking at Boliecoins with a distrusting eye in the wake of recent issues and price woes with crypto, fear not. All cryptocurrencies share the same design, they aren’t all equal, and newer products are optimized for one reason or the other.

All it takes for a cryptocurrency to be useful is a market, and with the BoliesTV environment, Boliecoins are guaranteed one. BoliesTV has many hurdles to jump as is common with any startup. The use of cryptocurrency, far from being a way to cash into a fad, it is a way to offer transparency while allowing its users to make trades on-site with all the efficiency one expects from internet transactions in 2018.

Identifying the Challenge

The problem thus far has been that crypto gets hoarded, not spent, while at the same time very few real-world retail locations or banks trade in them. People often distrust them; first because they were thought to be useless, now the volatility of the main currencies means money invested today could well disappear tomorrow. It hasn’t helped that plenty of other cryptocurrencies have been released via ICOs with the bulk quickly losing value as the companies offering them faded into obscurity.

In the past year, we have seen an influx of cryptocurrencies into the market and, while many of emerged through ICOs to ride on a trend, several have been better designed than the market leaders. That is to say, several of the newer cryptocurrencies already deal with the more pressing issues by giving them a specific use case. This guarantees that users will be able to trade and spend them as they see fit, just as one would do with fiat currency.

Boliecoins in the Real-World

Boliecoins fall into the group of crypto with a real-world uses case. While it is a cryptocurrency, Boliecoin isn’t tied to many of the issues bringing down Bitcoin along with a slew of other tokens and coins. Instead, Boliecoins were specifically designed to be used in a market — in this case, BolieTV’s own environment.

To be specific, Boliecoins are cryptocurrencies with a reason and clear-cut pathway. In the gaming world, equivalents have existed before it. During the last decade and a half, it was common for most digital storefronts to use their own currency (usually called gems, gold, diamonds, points, or the like) instead of fiat currencies, all the while allowing users to buy said currencies with fiat.

This approach was often seen as insincere, as its main goal was to keep users from being able to know exactly how much anything cost at a glance, so they fell into disuse, although the system can still be found in some popular games like League of Legends, Overwatch, or Heroes of the Storm. On top of it, most stores did not allow users to convert whatever remnant store-coins they had, often forcing a person to buy more than they needed and then lose the excess.

In BoliesTV’s case, a Boliecoin is an actual currency that you can exchange your fiat currency from and to, in any amounts you wish. The use of its own cryptocurrency comes from an actual need, as the use of blockchain technology pretty much demands it, plus by managing a native currency, waiting times such as those usually imposed by banks on transactions are eliminated.

However, since Boliecoins were designed specifically for the platform and with modern uses in mind, they don’t face the inflated prices like most popular crypto. Since there is an actual market for Boliecoins, the likelihood of a bubble is basically nonexistent. That’s not to say you can’t use Boliecoins as the preferred currency for your savings, just that there’s an actual market where they will be traded regularly.

The existence of a market is important, because the lack of one has drawn a couple of cryptocurrencies to a halt. So, while very few places (and, in all honestly, fewer and fewer each day) will accept crypto payments, BoliesTV will always take Boliecoins, in many cases exclusively. This keeps Boliecoins from ever becoming a useless currency, or something that can be considered an asset and just used for investment and hoarding.

The Boliecoins presale is still on till August 31, 2018 with each coin going for $0.10. This will increase to $0.50 when the crowdsale opens later in the year. You have a chance now to make massive savings and reap great value if you buy now.

(NB- Bolies is pronounced as BOO-LEES)

Website 🔗: https://boliecoins.com/

Telegram ✉ ️: https://t.me/boliecoin

ANN thread 🖇 : https://bitcointalk.org/index.php?topic=4474830.0