Shitcoin Digest: BiblePay (BBP)

If you’re interested in buying cryptocurrency, I suggest Coinbase for the easiest transfers and they have more than just Bitcoin. If you click on the link to sign up, I get $10 after you deposit a total of $100. So please check out Coinbase.

BiblePay (BBP)

This cryptocurrency touts themselves as “The Cryptocurrency for Christians” and on their website, they are rather heavy-handed on their Christian-based marketing…and it’s kind of genius. To be frank, God sells better than anything else. All cryptocurrencies make money for existing from people buying into them and this one uses 10% of its profits to help impoverished children in Africa through orphanage sponsorships. They also require 75% of the donations to be used to directly support the child and only a 25% overhead. In essence, they believe in something and work for it. I really like that. They are one-sixth of their all time high, but like Phoenixcoin, I see this as an undervalued cryptocurrency and they have been around for less than one year as I write this so I feel this has strong potential. In the near future, I would like to see christian sellers (bookstores etc.) start accepting this currency as well as an easy direct tithing method for churches. Those would make me feel better about this coin, but it is still going in my “buy” list.

NOTE: This piece was originally posted by Michael as an on- site page on TheMichaelBeebe.com while he was doing research into cryptocurrencies.

 

Disclaimer: Michael Beebe is not a financial advisor and all research is for his own purposes. He is simply sharing the research with the readers of this or other blogs and makes no claims to be an expert in finance or any forms of investment.