Tag: Bitcoin

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XTROPTIONS.GOLD Has Legs!

XTROPTIONS.GOLD has legs!

TROPTIONS the, not so new, amazing cryptoasset has its own legs to stand on and move about in the crypto sphere. People from all over are doing deals and reaping the benefits of this cryptoasset once known as a Trade Dollar called a TROPTION…

(From “A Founders Treatise” By Garland E. Harris)
“When TROPTIONS was a Trade Dollar called a TROPTION.
In 2003, Garland E. Harris founded the concept of a TROPTION in a business plan for a company called Global Trading Partners Corp. The word “TROPTION” was the simple combination of two words – “Trade” and “Option”. Even though the founder had 20 years of experience in the barter/trade exchange industry, the word, “barter” was avoided because of the negative connotation that existed and still exists in the financial markets. Even though almost all, if not all Fortune 500 companies are involved in barter, as a competitive advantage, in one way or another. They may call it a swap, an offset, a promotional consideration, or a reciprocal trade but it is still just barter. Statistically 25-30% of all commercial transactions are bartered.”

Barter will never be a thing of the past, but now with cryptocurrency being such a hot commodity XTROPTIONS.GOLD couldn’t be positioned better than it is in this day and time to keep on moving up in the list of the hottest currency for people to have!

Go to the ASSETS section of the Troptionsxchange.com site to see more
https://troptionsxchange.com/assets/

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TROPTIONS – The Middleman is Dead

TROPTIONS -The Middleman is Dead.

Garland E. Harris stated, “In 1960 the first trade exchange was developed to facilitate transactions using a barter currency or “trade dollar”. This replaced the need for one to one transactions and solved the problems of direct barter for a limited number of member clients within the system, but added the friction of fees and the necessity of trusting a third party record keeper.”

With TROPTIONS this is no longer the case, TROPTIONS is peer to peer. TROPTIONS holders no longer have to worry about the third party issues that effected the industry so long ago! XTROPTIONS.GOLD the mega cryptoasset is being used for all sorts of things from getting your hair done to buying cars and all on a peer to peer basis with no attached hassels and fees. The dinosaur age is over, and has been for a really, really long time now. Young people this day and age are growing up with cryptocurrency being a household concept. XTROPTIONS.GOLD is on point to be in the top of the cryptoassets. NOTHING is limiting TROPTIONS and nothing can stop TROPTIONS!

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TROPTIONS – A Brief History

Now I just so happened to be around during the time when Garland E. Harris came up with the idea of TROPTIONS. To my amazement (but not surprise) I have seen TROPTIONS blossom into the colossal cryptoasset it is today! I never once had a doubt that TROPTIONS would be big (to put it mildly). Garland E. Harris has always been able to sprout ideas that turn into gold, or in this case XTROPTIONS.GOLD. — Safia T. Harris

A BRIEF HISTORY OF TROPTIONS

TROPTIONS were originally born to solve three major problems with currencies in the barter or trade exchange industry. Barter is the direct (peer to peer) trading or swapping of goods or services for other goods or services. Barter was the first method of exchange and pre-dates currencies. Barter has three inherent inhibitors to robust commerce.

  1. Divisibility or fractionalization. If a certain horse is worth two pigs, how do you divide a horse in half to trade for one pig.
  2. Portability. How do I carry my pig around everywhere in case I want to trade.
  3. Information accessibility. How do I find out easily and quickly what I can trade my pig for and who would want to trade for it.
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TROPTIONS – “The Groundbreaking Currency”

A great article was recently put out into the cyber sphere on TROPTIONS my favorite subject, so I thoroughly enjoyed hearing more of the buzz about TROPTIONS. Here is the article below. (Remember I didn’t write it so there may be some typo’s). Click the title to see the actual article. Thanks!  – Safia Harris

Troptions currency – The groundbreaking currency

2018 was the year of cryptocurrency, even a 14-year-old kid can testify to that. Bitcoins overshadowed the cryptocurrency world and brought the awareness of digital money to the general public. The currency skyrocketed up to 1000% and before the end of 2018, investors were scrambling for it.

Either way, the storm is still on. Blockchain technology has proven to be ground-breaking. It has changed the way, we perform transactions. The problem is holders of cryptocurrency still struggle to use their currency in the real world. So while, cryptocurrency is becoming part of everyday life, they are yet to make their way into the real world.

The number one question Newbie’s and outsiders in the cryptocurrency space ask is: how can I spend my currency? What can you actually do with it?  Cryptocurrency is more than an investment medium. There are a new means for transacting and exchanging.

Many cryptocurrencies on the marketplace are difficult and cumbersome to use, especially for newbies. Most of them require you to register with an exchange, set down money, validate your information, and wait for 1 or 2 months before you can finally your withdraw money.  Also, slowdowns and the outages affect the marketplace.

What is the biggest reason why cryptocurrency has not become generally accepted?  It’s the usability. It seems nearly impossible to spend your cryptocurrency like a fiat currency.  It’s not like you can use bitcoins to buy apples at a local grocery store.

If we want cryptocurrency to achieve wide adoption, then we need to make it quick and easy (less techie) for people to use.

This is why troptions was created. Troptions is a cryptocurrency that can be used for real-time business transactions. The coin was originally developed in 2004 as a barter coin but became a cryptocurrency in 2016. Troptions is the next generation of cryptocurrency!

Troptions was designed, conceived and developed by business people who are fully aware of the blockchain technology and its capabilities.Troptions is a Coin know as a Proof Of Use Coin.Which means you can use it daily.

The previous generation of cryptocurrency focuses on the technical aspect of the blockchain technology which is: security, decentralization. Great! But the technical aspect of cryptocurrency adds nothing to its usage in the real world.

Troptions focuses on real-world transactions through the blockchain technology. It has bridged the gap between blockchain technologies, consumers, and businesses. Troptions enables secured B2C and B2B transactions on the marketplace.

In simple terms, Troptions allows regular customers to perform day-to-day transactions without having to convert their coins to regular currencies. The coin can be used to buy goods and services.And can also be used thur the Troptions ECO System of Merchants that now except the CryptoCurrency from it’s customers.

Troptions also offers a Free University for consumers to sign up and get educated about cryptocurrency @. TroptionsUniversity.com

Troptions is a ground-breaking coin built on the blockchain technology. With troptions, you can buy, sell, and trade your coins for other goods and service’s peer-to-peer or trade for other cryptocurrencies or fiat currencies through the GoldBergsXchange.com

Conclusion

One day, cryptocurrency will replace fiat money. Troptions is on a mission to replace regular money. You can call it the “The King of Coins”. It is a global currency that can be used anywhere in the world. The emergence of troptions is a one-step forward in the cryptocurrency world and the demand will increase slowly as the general public becomes aware of it. For more informations on The King Of Coins go to: TroptionsXchange.com

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Thoughts on “A Brief Explanation of Crypto-Liquidity”

The following partial article was written by Garland E. Harris – The founder of TROPTIONS – and it sparked some thinking on my part..

A brief explanation of Crypto-Liquidity
By Garland E. Harris

“How do I get cash?” That’s what most people think of when they think liquidity, especially when they’re dealing with so called “cryptocurrencies” more properly called cryptoassets. The how do I get cash question is usually foremost in people’s minds. Sure there was a tome when Bitcoin for example was going up, up, up and the needy or greedy were just thinking of holding on to a make a killing. The original idea of Bitcoin by Satoshi Nakamoto was to be “A peer to peer electronic cash system”. The idea was never to go from bitcoin to cash to the item you want to acquire. The idea was to go from bitcoin – DIRECTLY – as in PEER to PEER from bitcoin to the acquisition of a product or service. The most famous example was the individual who bought a large pizza and 2 liters of soda with 10,000 bitcoins about 10 years ago. Not the best transaction from a current value standpoint, but it is exactly what bitcoin was designed to do. Enter the speculators.. (this article is to be continued).

.…So as I first started to read this article I was taken back. I began to think, most peoples experience with bitcoin has been relatively recent, what with all the news and popularity. 10,000 bitcoin today is worth about $38,000.00 USD. It is hard to imagine needing a pizza that badly! I don’t really think that is the point behind where Mr. Harris was heading in the beginning of this article, at all (that’s another subject) but what I would like to comment on is this; the in the above situation this individual used his bitcoin with ease to get something he wanted, directly, with no extra steps involved, simply peer to peer. TROPTIONS works the same. Not only have people purchased hotels, cars, and motorcycles, to name just a few things,  but tons more. Mr. Harris recently shared something with me about TROPTIONS. TROPTIONS is as you know is a cryptocurrency and one that is taking the globe by storm. Not only on a massive scale, like being used to grow wealth, but also on a smaller scale in daily life. What Mr. Harris shared with me is that a young lady expressed extreme excitement as she had been getting her hair done and nails done, and all sorts of day to day things using her TROPTIONS, peer to peer. What an exciting to wrap your head around. So whether you are in the market for a shinny new Mercedes, or a steaming hot pizza, TROPTIONS has no limit, and TROPTIONS cannot be stopped!

Safia Harris

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So Much Information, So Little Time for Blockchain 3.0!

So Much Information, So Little Time!

If you are an elderly person, and you assumed there was little left for you to learn, think again! This tech explosion will keep you younger, just lose the word “can’t”.  What a fantastic era to live through.  Allow me to share just a few of the things that are available!

A cryptocurrency (or crypto currency) is a controversial digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets

“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Don & Alex Tapscott, authors Blockchain Revolution (2016)

“As revolutionary as it sounds, Blockchain truly is a mechanism to bring everyone to the highest degree of accountability. No more missed transactions, human or machine errors, or even an exchange that was not done with the consent of the parties involved. Above anything else, the most critical area where Blockchain helps is to guarantee the validity of a transaction by recording it not only on the main register but a connected distributed system of registers, all of which are connected through a secure validation mechanism.”
– Ian Khan, TEDx Speaker | Author | Technology Futurist

“Blockchain solves the problem of manipulation. When I speak about it in the West, people say they trust Google, Facebook, or their banks. But the rest of the world doesn’t trust organizations and corporations that much — I mean Africa, India, Eastern Europe, or Russia. It’s not about the places where people are really rich. Blockchain’s opportunities are the highest in the countries that haven’t reached that level yet.”
Vitalik Buterin, inventor of Ethereum

“Bitcoin has the same character a fax machine had. A single fax machine is a doorstop. The world where everyone has a fax machine is an immensely valuable thing.”
Larry Summers, Former US Secretary of the Treasury

WEB 3.0  The blockchain gives internet users the ability to create value and authenticate digital information.  What new business applications will result.

Smart Contracts

The Sharing Economy

Crowd Funding

Governance

Supply Chain Auditing

File Storage

Prediction Markets

Protection of Intellectual Property

Internet of Things

Neighbourhood Microgrids

Identity Management

AML and KYC

Data Management

Land Title Registration

Stock Trading

STBV is one of ours

https://en.wikipedia.org/wiki/Blockchain but wait, there’s more!

Proof of Work – rewarded for mining being one of 3 to solve signature.  Going deeper, proof of work is a requirement to define an expensive computer calculation, also called mining, that needs to be performed in order to create a new group of trustless transactions (the so-called block) on a distributed ledger called blockchain.

Proof of Stake -To carry out the verification step, the nodes or miners would need to solve a computational puzzle, known as the proof of work problem. The first miner to decrypt each block transaction problem gets rewarded with a coin. Once a block of transactions has been verified, it is added to the blockchain, a public transparent ledger.

Mining requires a great deal of computing power to run different cryptographic calculations to unlock the computational challenges. The computing power translates into a high amount of electricity and power needed for the proof of work. In 2015, it was estimated that one Bitcoin transaction required the amount of electricity needed to power up 1.57 American households per day. To foot the electricity bill, miners would usually sell their awarded coins for fiat money, which would lead to a downward movement in the price of the cryptocurrency.

Proof of Use  -Once you have your crypto, it is your currency.  Will you exchange is for the very thing that you want or for fiat (thereby Losing its value)?  Can you use your coin and get the object of your desire.  TROPTIONS is the King of Coins for just that reason.