Sunday, 19 January 2020

Passive Residual Income is Better than Transaction Income (Article)

Have YOU done the MATH???  Many WBC  Members have made small fortunes selling WBC over the years.  Generally, most transactions have been done around $100.  The 2019 Promo was very rewarding for the Buyers of WBC, and yet it didn’t fulfill its intended purpose of emptying the Admin wallet.  So when it comes to doing transactions now in 2020, the Broadcasters have all of the advantages when it comes to these rewards.  A Buyer that is a WBC Broadcaster that does a 40 (gr) transaction with their sponsor will get 1 Whole WBC coin for completing this activity to earn the reward.  If the Buyer is NOT a WBC Broadcaster then the reward is 0.001 WBC for the same transaction.  This is clearly stated in the Cookie Rewards area of KCBO.  This is how our reward system has worked for almost 3 years now.  In this transaction the Seller, in most cases the Sponsor of the Buyer, kept 100% of the money paid by the Buyer to them.  100%!!!  That is still true today!  At one point Admin of WBC was only collecting $10 a year from the Members to keep the operation running.  Honestly, this out of balance arrangement was completely unsustainable.  We just didn’t grow fast enough to have an annual fee of only $10 cover all of the expenses of running WBC.  The Sellers kept 100%, while Admin gave generously out of the Admin wallet to encourage fast growth!  The fast growth didn’t come, mostly due to infighting among the members; that negativity killed off growth.  WBC WOULD HAVE DIED IN JUNE OF 2019!  We are self-funded!  The funds are NOT coming out of the Admin’s Pocket.  The funds come from the Admin fee.  When the Bills to Run WBC evaporate all of the cash reserves of the Admin Budget, then WBC goes out of business.  NO MONEY!  NO HONEY!  LOL  This should be common sense, but it seems many in the WBC community lack this common sense.  Also, many lack the appreciation they should have for having a deal that gives them 100%.  Where is the gratitude?
We are going to do some math here, in a moment.  In May of 2019 I introduced Bitcoin Bounties.  A 50/50 arrangement with the builders, full-timers, of WBC.  An opportunity, but NOT an obligation.  So far, only about 10,000 members have taken advantage of this opportunity.  This balanced arrangement has NOT only kept WBC running, it has allowed us to have the funds that have been used to further the development of WBC in many areas that are very much needed.  We are heading towards becoming a Top-Tier Blockchain Developer to reach our goal of Mass Adoption in 2020.  So, let’s do the math now.  In the previous arrangement, Admin only recieved $10 a year from active members to run WBC, while the Sellers as Members received 100% of each transaction.  40 (gr) right now is $130.17 and NONE of which goes to the Admin to pay the bills.  The Buyers either receive $10,000.00 or $10,000,000.00 of WBC from the Admin wallet depending on if they are a WBC Broadcaster or NOT.  But those WBC coins would become worthless if WBC goes out of business, due to a lack of funding.  Hmmmmmm!!!  The Sponsor keeps about $12.50 a month in a Passive Residual Income (that is NOT based on a network marketing structure, so don’t let noise makers confuse YOU) out of the Admin fee payments of their personal Referrals in Bitcoin Bounties.  That’s 50% residually.  Continuing with the math:  $12.50 times 12 months equals $150.00.  So which is better?  Is a Transaction income of $130.17 better than the Passive Residual Income of $150.00?  I think NOT!!!  Not only does the sponsor have a better deal for the time and effort put into promoting WBC, but the Admin gets the needed funding to operate and expand WBC.  Also, the Buyer gets a more secure deal, since WBC is sustainable, and the risk of WBC going out of business has been eliminated.
I encourage all of you to get on board with Bitcoin Bounties, because it is the BRIDGE towards the Mass Adoption of WBC.  Don’t YOU want to unlock the value of YOUR WBC coins by making them spendable in YOUR area of the world?  Today we have a small WBC economy, but by the end of 2020 we could have tens of millions of Merchants accepting WBC for payment, especially in YOUR area of the world!!!  Bitcoin is liquid, and a hassle free way to pay our people.  Some noise-makers suggest I’m more concerned with Bitcoin than WBC.  That’s stupid!!!  Bitcoin offers a means to an end, that’s it.  It’s part of the Bridge of the Mass Adoption of WBC.  Imagine if I had to pay people through this insane banking system, with VISA cards.  WBC would be at the mercy of the BANKS, and let’s face it, at the mercy of the Elite, if Bitcoin wasn’t an option!  Stop the Nonsense!  Be grateful that Bitcoin is an option to use, while we gather our own strength as a cryptocurrency.  Be happy to fund the Admin towards the objective of Mass Adoption of WBC, where YOU will either be a Billionaire, or a Millionaire in easy to spend WBC.  Do you realize that each of YOUR Referrals that makes it onto the Mass Adoption Team, will be greatly rewarded to keep up their payments monthly, making your Passive Residual Income even more secure???  Get them all on the Team!  Spots are filling up fast!!!