Testament Gets In The Crypto Game

Now I have a legit excuse to talk about crypto here on BBG! Testament is launching a crypto coin and this is very cool. I know people have their questions about digital currency and I think it is wise to be skeptical. I also believe that blockchain in the future of money transactions, especially large ones such as purchasing a home or car. And yes, I own a tiny amount of crypto. No I'm not a black hat hacker nor did I get to buy a Lamborghini in my flip flops when Bitcoin went bonkers half a year ago.

Testament - The Legacy [Explicit]

Now that Testament is in on this, I think even more folks will look into crypto. From the linked Blabbermouth article:

PRiVCY is a POW/POS privacy coin project, utilizing several security elements to protect the anonymity of PRiVCY users. Offering fast, secure and cheap transactions, the PRiVCY coin is integrated with TOR and has stealth addresses enabled to provide additional layers of privacy and security.

And

TESTAMENT vocalist Chuck Billy says: "When creating TESTAMENT music, we always use the latest technology. It's something that we insist on. And we like to be the first to use anything that's new, cutting-edge and cool. Cryptocurrency is something that we're excited about. We dig their technology, vibe, attitude and commitment to be the best privacy coin in the world. Our goal is to enable fans around the world to buy TESTAMENT music and merchandise with the PRiVCY coin."

If you know anything about Crypto, then you know that Coinbase is the absolute easiest place to change fiat for coins. You can't do that with PRiVCY. It's on Crex24, which I've never used but I assume requires user authentication before first purchase. If you get into the game, start small, don't spend what you can't lose and understand the market is extremely volatile. You are always better off buying low cost index funds.

Now, all this said,  I wonder if we've reached peak coin? I figure Gene Simmons will launch a KISS coin soon and that means Def Leppard can't be two steps behind, right? Happy Saturday!