Bitcoiin’s response to the Tennessee Dept. of Commerce & Insurance Securities Division's "Alert" about Bitcoiin
Hong Kong, March 27, 2018: Bitcoiin2Gen would like to respond to certain allegations, assertions and accusations that were made against us in the press release of "Tennessee Securities Team Alerts Investors to Internet Crypto Company ‘Bitcoiin’" dated March 22, 2018.
Therefore, Our lawyer would like to provide the following information to refute the allegations made against us.
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The inspiration of Bitcoiin 2Gen, is to make a superior or more advanced version of Original Bitcoin: A Peer-to-Peer Electronic Cash System, was published in 2008 by Satoshi Nakamoto.
Therefore the next generation of Bitcoin, Bitcoiin 2Gen, proposing a self-sustaining cryptocurrency i.e. B2G , is the complete coin as it provides at launch its own eco-system, its own wallet, its own mining machines and the ability to exchange the coin to popular alt coins or FIAT currencies. Bitcoiin 2Gen uses Ethereum blockchain which is safer and faster blockchain than the Bitcoin’s blockchain.
Cryptocurrencies like Bitcoin are revolutionising the $1.8 trillion global payments industry and people around the world are rethinking the meaning of their money. Moreover, the underlying technology and network that process Bitcoin transactions, known as blockchain, is transforming industries as varied as finance, banking, healthcare, farming, logistics, insurance, retail, construction and manufacturing, to name a few.
Bitcoiin 2Gen, will in fact address current issues that are slowing down the Bitcoin eco-system and the limited opportunity for the enthusiasts to be able to earn by mining either with 1 machine or 1000. The original Bitcoin has already been exhausted because of its longer transactions time, big transactions fees, less earnings to miners , outreach from the common people and most important its core system , the blockchain itself.
As per the original Bitcoin, we also strongly believe in complete anonymity, as the whole basis of the original white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” by Satoshi Nakamoto. Anonymity in cryptocurrencies is a matter of not just personal privacy, but also Confidentiality.