Bitcoin One - hybrid cryptocurrency (525 000 block)

[Elev777]

And what about the coins that will be unclaimed after the free distribution?

[Den_Bolt]

Apparently, they will go to the total mass of those coins that will be in circulation after the distribution. You know, 17 million to distribute for the startup isn't so easy. Even when considering the global plans for the project development.

[Mark_Byron]

Which is quite logical: the distribution will give you a true image of how much the coins have gone and where. The 1:1 ratio, in my opinion, is also quite understandable.

[FinWard8]

What do you mean by 1:1?

[Den_Bolt]

What's unclear? Bitcoin ONE coins will be credited to the account of the bitcoin-wallet holder in a 1:1 ratio. In other words, how much the wallet holder has bitcoin coins, the same BTC1 amount he will receive.

[FinWard8]

It was said that money transfers similar to Western Union will be available on B1.CASH. Can someone tell me what are the advantages of such transfers through B1.CASH?

[Elev777]

It's all simple. Transfers can be sent and received both within the same city, region, country, and in an international format. Moreover, you can send and receive them in any currency. And all this with a minimum commission of 0.1%.

[FinWard8]

Wow! And how is security ensured?

[Elev777]

Protection is provided through internal system sales transaction requests for crypto-currency or e-money. Let's give an example: you need to transfer $ 100 from Baku to London. You create a request for the transfer on B1.CASH, the system automatically separates it into 2: purchase of funds (in electronic money or cryptocurrency) in Baku for cash (Azerbaijanian Manat) and the sale of electronic currency (the one that was determined at the first stage) already in London.

[Tyron78]

And it will not turn out so, that while I give money, they are transferred and during the process I lost them?

[Den_Bolt]

This is excluded. Firstly, the application status can be tracked in the system itself. Secondly, not only the amount of the transfer is withdrawn from the executors of the application, but also the return guarantee. And, finally, thirdly, if the executor has broken the execution of the application, then the arbitration proceedings will be conducted and the return guarantee will be withheld from the guilty party.

[Tyron78]

I understand that such operations are performed between users in p2p format. Will B1.CASH have service points like Western Union has?

[Elev777]

I can't say anything about service points in the format of offices.

[Jason8918]

And what are the offices for, if it's possible to do it, anywhere in the world and without reference to the cities of location? This is especially true for small settlements: large companies aren't in a hurry to deploy their activities, but the availability of this kind of service? Is it very necessary?

[Tyron78]

And why do you must send money to London when in a godforsaken province?