The cryptocurrency market is growing at an amazing pace and has the potential to change many lives for the better. BiblePay is doing that by donating one out of every ten coins to charities, generating massive amounts of computing power to aid researchers in finding cures for diseases, and spreading the Gospel of Jesus through a variety of effective avenues.
And while BiblePay is clearly about much more than just making money, there are several high-potential opportunities available for investors who want to participate.
The first opportunity involves simply the purchase of BBP to hold as an investment, typically for the long term. The cryptocurrency world is in its stage of infancy, and as an emerging market, substantial returns are likely to be realized in the years ahead. BBP can be purchased at several exchanges and kept in a secure digital wallet directly on your computer or other smart device.
The second opportunity is found in buying a Masternode, or what BiblePay commonly refers to as a Sanctuary. This investment requires the ownership of 1.55M BBP. It gives an investor – among other things – the right to vote on our budget. For information about the ROI – (Return On Investment) visit BiblePay-Central.org.
A third opportunity for investing in BiblePay is in mining. Mining BBP requires installing BiblePay software on personal computers, servers or other digital devices. While many novices mine cryptocurrency successfully on numerous devices, a larger scale mining operation is typically operated by people who have more experience and technical expertise.
Any investment in BBP is a hedge against inflation. As you likely know, most currency is inflationary. More and more new money is printed throughout the years, and the value of each available coin becomes worth less. A loaf of bread might have cost 1.70 USD a decade ago, but in 2018 it costs 2.50 USD.
BiblePay takes a different approach. While new currency is being created with every block, the amount created is reduced by 1.5% each month, or about 19.5% per year compounded. This restriction on the inflow of new BBP aims to ensure that the value of each coin actually deflates in time. As a result, an investment in BiblePay is a hedge against currencies that are inflationary.