ESCOBAR Cash (ECH) - VIRTUAL Cryptocurrency
The World´s First Physical Cryptocurrency
Truly Revolutionary PATENTED Technology and NO BULLSHIT!
The Escobar Cash (ECH) is the world's first physical cryptocurrency. They claim to bridge the gap between reality and fiction with their patented technology that allows only them to print actual money embedded with crypto. The blockchain is a fork of the Ripple (XRP) blockchain.
With ECH you can make transactions both inside and outside the blockchain. Outside being as private and anonymous as possible.
Blockchains of today are strategically weak because of the one-dimensional way in which they operate - they rely on energy. Whereas Escobar cash, being the first hybrid cryptocurrency, can operate BOTH in and across different blockchains, and off the blockchain - using the proprietary crypto embedded nodes. Blockchains of today are strategically weak because of the one-dimensional way in which they operate - they rely on energy. In today`s blockchains, whether it´s bitcoin, Ethereum, Cardano or Ripple - you need to have an internet connection to even consider doing anything.
How Escobar Cash Is Different:
Physical Notes
Our patented physical notes will allow you to transact like you would with Fiat Currency.No Gas Fees
We will be one of the only crypto currencies that will not charge you a single penny on gas fees if you decide to transact via our blockchain.Limited Notes
There are a very low amount of notes in existence.Sense Of Ownership
We give you the sense of ownership. You will be able to physically store your ECH in notes.True Privacy
You decide how to transact. Exchanging ECH notes will be like using fiat bills.Interoperability
Compatible with any XRP wallet address. Import and export any wallet. More features to follow.
Physical Crypto
We hold the patents that allows for a piece of blockchain to be embedded into a bill. We believe this not only to be the logical step for crypto, but a necessary one to get one step closer to mass adoption.
You will have 2 main ways of interacting and transacting with ECH. The first is through physical notes. Where you can physically exchange notes just like you do with your FIAT bills. No need to verify on any 3rd party tool or server. You just hand someone the note. To remove the note from circulation they can Scan it with their app. The amount will then be transferred to the recipient's wallet. The second is by sending ECH digitally over the blockchain, just like any other crypto.
The ECH App
We've made the ECH app to be as seamless and easy to use as possible. Soon available in the IOS and Apple store. You´ll never be asked to put ID details or tax details. You will be recommended to put a password, but that's your choice. We will not store said password in our servers. Once you've downloaded the app and it's up and running, you’ll be able to send ECH to other recipients holding ECH apps.
- Available for IOS and Play Store
- We will not ask you for ID or Tax Details.
- Plug and play setup.
- Download the app and automatically get an ECH wallet. You can also import your ECH wallet.
Download The App:
What Do YOU Think?
Posted Using LeoFinance Beta
Would not touch anything that Olof K Gustafsson has to do with ...
I totally hear you and I'm basically thinking the same. He seems to have done a bunch of shady things, to say the least, but who knows.. Right?
Posted Using LeoFinance Beta
It screams scam with a name like that haha xD
Well, I get the point, but Olof is the CEO of Escobar Inc and he does everything he can to promote the Escobar name so the name is actually not a surprise.
Posted Using LeoFinance Beta
I don't even know how he is xD
I just think of Pablo Escobar, which doesn't make me feel confident in the project xD
Yeah, Olof is the CEO of Escobar Inc and works closely with Roberto Escobar, brother of Pablo. Olof has been the CEO since 2014 or something like that. They've done some shady things in the past. Selling phones for instance, which they never seemed to have delivered to the customers.
Posted Using LeoFinance Beta
That just makes me less confident in the coin haha xD
Well, we will have to see how the project grows in the coming months to see how it develops.
Posted Using LeoFinance Beta
Don't judge it now, we'll see what the developers do
As for the idea, it is wonderful. We are waiting to see implementation and development.
I don't think this will work out. It looks like physical cash can be taken out of circulation but it doesn't solve how a physical person would know without scanning every single bill.
Posted Using LeoFinance Beta
Why name a project like this Escobar, apart from the name I think is cool
Posted Using LeoFinance Beta
It is marvelous to hear and, no doubt, a wonderful idea but, IMHO, doesn't seem possible in the near future.
Posted Using LeoFinance Beta
I don't know anything about this guy, read in the comments that he has a past of shady stuff.
I wonder how this works out. It looks cool the bill, but what if you verify the bill and it turns out to be used, what then? You can't do shit about it anyway, I guess?
Maybe they sell these gift boxes and have a list of these serial numbers and words somewhere. I don't know, maybe he lost me in de video and discussed it. Don't want to watch it again :) lol
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