Bitgesell

Why isn't Bitgesell a Ponzi scheme? Bitgesell, like Bitcoin, is not considered a Ponzi scheme because it lacks the key characteristics of fraudulent investment schemes. Ponzi schemes typically promise high returns with little or no risk, using new investors funds to pay earlier investors. Here's the 24 reasons why Bitgesell can never be considered a ponzi scheme. 1. Decentralization Bitgesell operates on a decentralized network of nodes, meaning there is no central authority or entity controlling it. In contrast, Ponzi schemes are typically orchestrated by a central figure or organization. 2. Blockchain Technology Bitgesell transactions are recorded on a transparent and tamper-resistant public ledger called the blockchain, reducing the likelihood of hidden fraudulent activities, a feature absent in Ponzi schemes. 3. Limited Supply With a capped supply of 21 million coins, Bitgesell creates scarcity, potentially driving high demand. Ponzi schemes often promise unlimi

BITGESELL ERADICATES INFLATION "Inflation typically has an indirect impact on the prices of commodities like gold. As prices rise across the economy, investors may buy more gold and other precious metals to preserve the purchasing power of their dollars. In the first half of 2022, for instance, demand for gold increased 12% year over year." More info: Forbes article - Inflation Bitgesell Gold Money - Zero Inflation after 2054 To grasp the great potential of Bitgesell coin, every holder needs to understand these values. Bitgesell's annual mining percentage, until 21 million coins are mined, aligns with its inflation percentage. Similar to halving, inflation decreases by 50% every year, reaching less than 1% from 2030. As of January 19, 2024, with 96.23% of coins extracted, Bitgesell experiences inflation reducing by 50% annually, reaching 0% by 2054. Here are the detailed inflation numbers within the Bitgesell Network over the years. Bitgesell Percentage Inflat

Benefits of Bitgesell NFT Farm 01/14/2024 Bitgesell NFT Farm is a platform for mining WBGL-wrapped BEP20 tokens on the Binance network. WBGL tokens are issued by the developers of the cryptocurrency Bitgesell (announced by the community as the second and real Bitcoin) for transfer, trading and storage by users. The WBGL token is traded on some decentralized exchanges such as PancakeSwap and Uniswap. In this article, we will look at several advantages of the Bitgesell NFT farm. 1. Mining in Bitgesell NFT Farm is based on user ownership of unique NFTs from the Bitgesell Road collection, which is hosted on the well-known marketplace for NF tokens Rarible. The Bitgesell Road collection tokens are dedicated to past events in the Bitgesell project. Each of the 38 tokens in the collection has its own rarity rank: Common, Special, Rare, Unique and Legendary. 2. Bitgesell NFT Farm has a simple and intuitive interface. At the top of Your score, the user can enter his address where hi

ALEXEI NAVALNY WINS BGL POLL The russian lawyer and activist, Alexei Navalny, currently detained in Siberia, won 45% of the votes in a poll conducted by the Bitgesell Community on Telegram to reward arrested activists. The voting occurred from January 3rd to 7th, 2024, with the goal of recognizing global activists, whether currently detained or previously imprisoned for expressing their views. As a result, Alexei Navalny will receive a corresponding fraction of 1000 BGL coins, proportional to his vote percentage. The Bitgesell digital currency distribution for scrutinized activists is outlined below: 1. Alexei Navalny, Russia (45%) = 450 BGL Coins 2. Ilham Tohti, China (21%) = 210 BGL Coins 3. Raif Badawi, Saudi Arabia (17%) = 170 BGL Coins 4. Aung San Suu Kyi, Myanmar (14%) = 140 BGL Coins 5. Nasrin Sotoudeh, Iran (3%) = 30 BGL Coins Final Poll Results: Bitgesell, known as "true Digital Gold," is a digital currency evolved from Bitcoin, incorporating advanced enc