BlockCoin is a digital asset fully secured by property in a 1:1 ratio. This means by owning BlockCoin you own a fraction of every property in our portfolio. We chose the term BlockCoin to show how every coin can be thought of as a brick (or block) that goes into making up a building.
By purchasing one or more of these coins the price paid for these releases more of a building into the ownership of the network. The exact mechanism of this is outlined in one of the posts on our blog – link to follow- :
Link to blog post
This property is used to secure the value of the coin, give the greatest possible return to investors and prevent the possibility of the coin ever becoming worthless (which is a risk with all currencies that are not asset backed such as fiat, crypto etc). The only way BlockCoin would ever become worthless is if property became worthless and can you imagine a situation where people don’t want a roof over their heads. An illustration of how non asset-backed currencies are not a great way of storing wealth:
According to the St Louis Fed, the purchasing power of the USD from a consumer’s perspective has fallen by over 96% since the federal Reserve System was created in 1913.
Source: St Louis Fed https://fred.stlouisfed.org/series/CUUR0000SA0R
Now imagine you could purchase BlockCoin back in 1913, how would the purchasing power of your investment have changed over time? Well, by comparing the HPI (house pricing index) against the CPI (Consumer price index) at https://www.longtermtrends.net/home-price-vs-inflation/ we can see that not only would you have not lost any buying power, you’d have 11 times the buying power. So for every $1 you had invested in BlockCoin in 1913 you’d have $275 worth of coin. Unfortunately we can’t currently travel back in time to make our investments, and the HPI might not be as strong in the future, but there is a reason that the expression ‘safe as houses’ is used for something that is totally secure.
We will be shortly adding a post to the blog comparing different investment strategies for those who wish to explore the last paragraph in more detail.
So, how do you buy BlockCoin currently? Well currently we are pre-launch, however you can ‘register your interest’ via the form at the top of this page. Please make sure you enter your details correctly and we will keep you up to date on progress and as a special bonus for those who join us on the journey at this early stage, you’ll be able to purchase coin at either it’s value on the day you contacted us or it’s launch price (whichever is the lowest), so you can potentially start earning profit from today with zero initial investment!