– Our current money (fiat currency)
has nothing backing its value.
The only reason it has value now is because we agree it has value. Simply put…
If you receive a $10 note and also receive a $100 note, the only reason the $100 note has 10X the value of the $10 note is because we agree that it does.
It’s essentially the same paper, but by agreement (only) we assign a higher value to
The 100 dollar note = CONSENSUS – (value by agreement)
**The value of currency can be created by consensus.
– Likewise – Bitcoin is not backed by anything – so how has it reached its current value? It is a great question to understand…
One of the primary reasons Bitcoin has achieved its current value is because of agreement or consensus of value.
IE: Enough people agree that Bitcoin has value as a store of value.
*Same idea – an agreement of value – helps to create its value.
With respect to CONSENSUS & TPR…
***TPR has hundreds of merchants accepting the coin as a currency to buy quality goods and services. We believe this is the ultimate form of consensus…
Actual transactions for goods – Using The TPR Anchored Coin.
***The list of businesses accepting TPR for payment continues to grow, destined to be a global list of thousands.