Coinless. The cryptocurrency that replaces the Venezuelan national currency ICO

[coinless]

Coinless.io emerges as a response to the world speculative ecosystem of the cryptocurrencies, which adds value to what in essence has “no value”. Our wish is to present the best useless thing you could have, and for the joy of those interested in investing with us instead of getting Bolivares, the national currency of Venezuelan, which is way worthless than Coinless.io. Coinless.io is the final product of investigation and analysis of our founding fathers.

Coinless.iobreaks the paradigm of the “Great Bubble Pop”, being the only currency capable of overcoming the limitations and obstacles of the scheme, because it doesn’t belong to a regulated economic system, bringing security and stability to all those who understand the project of the founding fathers, three great economists that besides their contradictions, always really wanted to bring economic freedom to the people.

We got tired of a currency that devalues into nothing more and more each day, so the founders decided to create a worthless currency that can only grow because it's initial value is Coinless.io (which is already more valuable than Bolivares).

Founders

After a milliard of theoretical discussions, trying to understand what model could better help the people, our founders got together to create a Master Theory to prevent the so-called explosion of the bubble.

Karl Marx: Tired of being confused with a money hater, Marx helped develop Coinless.io on the base of a decentralized organized community owning their own means of production, as a revolutionary idea. “A ghost is haunting the internet, the ghost of Coinless.io”.

Milton Friedman: Milton loves money. For this reason he helped conceptualizing Coinless.io, pseudo-money with no sense and no controls. “The one thing that’s missing, but that will soon be developed, is an unreliable e-cash, a method whereby on the Internet you can transfer funds from A to B , without A knowing B or B knowing A, without reason at all, to do nothing with it”.

Adam Smith: He knows a lot about money, banks and debts, but it is the love for dutch tulips that makes him the most tasteful of founders any currency could have. “Whoever derives his revenue from a fund which is his own, must draw it either from luck, or from Coinless.io, this is the way it is meant to be”.

READ OUR TECHNICAL WHITEPAPER

For each Twitter, Reddit, Facebook and BTT mention, comment, post or re-tweet we will give you 5000 CLS at the end of the campaign. Please send us the URL and click on the following link.

Contact:
If you wish to contact us please reach us to team@coinless.io or by our social networks:
Website: Coinless.io
Instagram: Coinless.io
Facebook Page: /www.facebook.com/Coinless.io/
Twitter: @Coinlessio
Reddit: Coinlessio
Medium: Coinless
Video: https://www.youtube.com/watch?v=lM4ht_75Ji0

People talks.

https://www.youtube.com/watch?v=Iec8iMuAFEM

[aeternus]

I do not know if this is a real project or if this is a joke, the currency of the Venezuelan government is not worth a thing but why someone will need to use this coin if they can use bitcoin or other coins that are more stable and more valuable than this coin is ever going to be.

[sylance]

Wow, a lot of thought went into this post!  Kudos to you for a great troll post!  It almost sounds like a joke... Karl Marx, Milton Friedman, and Adam Smith walk into a bar....

[billoggates]

website error and I think your founder list are all folks that weren't around when the internet was invented? I like the concept though =\

[Razick]

Complete waste of space this thread is, mods please delete it and save other from wasting their time. Thanks!

[coinless]

I do not know if this is a real project or if this is a joke, the currency of the Venezuelan government is not worth a thing but why someone will need to use this coin if they can use bitcoin or other coins that are more stable and more valuable than this coin is ever going to be.

it's easy, because here in Venezuela u don't have access to any crypto currency, in Venezuela the people like us can't buy USD or any international currency in a legal way.

Starts like a joke but we see the opportunity to make something great with a great name.

[coinless]

website error and I think your founder list are all folks that weren't around when the internet was invented? I like the concept though =\

the website works great, http://coinless.io

and that's the idea old founders who make a great future solution.

[coinless]

Wow, a lot of thought went into this post!  Kudos to you for a great troll post!  It almost sounds like a joke... Karl Marx, Milton Friedman, and Adam Smith walk into a bar....

haha, that is the main idea looks like a troll but we doing great stuff.

[alyssa85]

I do not know if this is a real project or if this is a joke, the currency of the Venezuelan government is not worth a thing but why someone will need to use this coin if they can use bitcoin or other coins that are more stable and more valuable than this coin is ever going to be.

it's easy, because here in Venezuela u don't have access to any crypto currency, in Venezuela the people like us can't buy USD or any international currency in a legal way.

This is absolute rubbish - Venezuelans are mining both bitcoin and ethereum, thanks to their very cheap subsidized electricity:

https://www.theatlantic.com/magazine/archive/2017/09/big-in-venezuela/534177/

To survive, thousands of Venezuelans have taken to minería bitcoin—mining bitcoin, the cryptocurrency. Lend computer processing power to the blockchain (the bitcoin network’s immense, decentralized ledger) and you will be rewarded with bitcoin. To contribute more data-crunching power, and earn more bitcoin, people operate racks of specialized computers known as “miners.” Whether a mining operation is profitable hinges on two main factors: bitcoin’s market value—which has hit record highs this year—and the price of electricity, needed to run the powerful hardware.

Electricity, it so happens, is one thing most Venezuelans can afford: Under the socialist regime of President Nicolás Maduro, power is so heavily subsidized that it is practically free. A person running several bitcoin miners can clear $500 a month. That’s a small fortune in Venezuela today, enough to feed a family of four and purchase vital goods—baby diapers, say, or insulin—online. (Most web retailers don’t ship directly to Venezuela, but some Florida-based delivery services do.)

Venezuela’s most resourceful miners, in fact, are moving on to a new inflation-buster: the cryptocurrency ether (ETH). The profit margins are higher and, more important, the risk factor is much lower. “Mining ETH or bitcoin is pretty much the same principle: using free electricity to generate cash,” one Venezuelan miner told me. “But ETH mining is more affordable—all you need is free software and a PC with a video card. Any police officer is easily fooled into thinking your ETH miner is just a regular computer.”

If you were Venezuelan you would know this. I bet you are an outsider trying to take advantage of their situation to launch a currency for your own benefit.

[Xsinx]

At first glance i thought this was a serious project, but after browsing the website. its funny to read and my 5 minutes time reading from top to bottom is worth it, Nice Joke Thread by the way.

[chesegrinder]

Yeah tired on traditional and physical coin .... thats why they made this project, physical coin / currency are controlled by government and this crypto was controlled by three founding father [oh yeah how questionable] , physical coin have a tax on it and crypto doesnt have any... why use this coin if people can use bitcoin which is stable and much trusted by many...? well i dont know if the dev are serious about this ICO.... im just waiting for the update of it, it catch my attention ... good luck to OPS & Dev.

[coinless]

At first glance i thought this was a serious project, but after browsing the website. its funny to read and my 5 minutes time reading from top to bottom is worth it, Nice Joke Thread by the way.

thanks, we are making fun of our situation here with the COINMUNISM.

[coinless]

Yeah tired on traditional and physical coin .... thats why they made this project, physical coin / currency are controlled by government and this crypto was controlled by three founding father [oh yeah how questionable] , physical coin have a tax on it and crypto doesnt have any... why use this coin if people can use bitcoin which is stable and much trusted by many...? well i dont know if the dev are serious about this ICO.... im just waiting for the update of it, it catch my attention ... good luck to OPS & Dev.

this is our first project, we are learning about how to structure and conceptualizing everything an ICO needs, this is our joke project, make fun of our country situation and crypto currency.

thanks for good wishes this ICO will grow and perhaps in the future u get some coinless, by the way we are giving some coinless for free.

For each Twitter, Reddit, Facebook and BTT mention, comment, post or re-tweet we will give you 5000 CLS at the end of the campaign. Please send us the URL and click on the following link

[coinless]

I do not know if this is a real project or if this is a joke, the currency of the Venezuelan government is not worth a thing but why someone will need to use this coin if they can use bitcoin or other coins that are more stable and more valuable than this coin is ever going to be.

it's easy, because here in Venezuela u don't have access to any crypto currency, in Venezuela the people like us can't buy USD or any international currency in a legal way.

This is absolute rubbish - Venezuelans are mining both bitcoin and ethereum, thanks to their very cheap subsidized electricity:

https://www.theatlantic.com/magazine/archive/2017/09/big-in-venezuela/534177/

To survive, thousands of Venezuelans have taken to minería bitcoin—mining bitcoin, the cryptocurrency. Lend computer processing power to the blockchain (the bitcoin network’s immense, decentralized ledger) and you will be rewarded with bitcoin. To contribute more data-crunching power, and earn more bitcoin, people operate racks of specialized computers known as “miners.” Whether a mining operation is profitable hinges on two main factors: bitcoin’s market value—which has hit record highs this year—and the price of electricity, needed to run the powerful hardware.

Electricity, it so happens, is one thing most Venezuelans can afford: Under the socialist regime of President Nicolás Maduro, power is so heavily subsidized that it is practically free. A person running several bitcoin miners can clear $500 a month. That’s a small fortune in Venezuela today, enough to feed a family of four and purchase vital goods—baby diapers, say, or insulin—online. (Most web retailers don’t ship directly to Venezuela, but some Florida-based delivery services do.)

Venezuela’s most resourceful miners, in fact, are moving on to a new inflation-buster: the cryptocurrency ether (ETH). The profit margins are higher and, more important, the risk factor is much lower. “Mining ETH or bitcoin is pretty much the same principle: using free electricity to generate cash,” one Venezuelan miner told me. “But ETH mining is more affordable—all you need is free software and a PC with a video card. Any police officer is easily fooled into thinking your ETH miner is just a regular computer.”

If you were Venezuelan you would know this. I bet you are an outsider trying to take advantage of their situation to launch a currency for your own benefit.

...

"If you were Venezuelan you would know this. I bet you are an outsider trying to take advantage of their situation to launch a currency for your own benefit" ... dadagoogoo.

Dear friend,
We not only know that you are utterly wrong… WROOOOONG, but we also know this:

Some Venezuelans do mine, but in general it is extremely difficult, since you can only buy Bitcoins, Ethers or any other ICO with USD, and other currencies, and trust me, you cannot buy BTCs with bolivares, the Venezuelan currency. Since 2003 you cannot buy USDs or Euros or even Pesos,  my defamatory friend, and it is punished by the law, I doubt “thousands of people”  are mining.

The mining equipment, you must know this if you are human, is not cheap, and though in 2006 it was kind of easy to mine even with a computer, now it is almost impossible to start if you don’t have access to exchange currency. Even getting BS (official acronym of the bolivares) to buy things is difficult, because it is worthless.

m/2017/03/28/venezuelan-just-announced-a-new-currency-rate--and-nobody-cares.html]https://www.c[Suspicious link removed]m/2017/03/28/venezuelan-just-announced-a-new-currency-rate--and-nobody-cares.html
https://www.nytimes.com/interactive/2016/12/30/world/americas/venezuela-hyperinflation-100-bolivar-maduro.html
http://www.reuters.com/article/uk-venezuela-economy-idUSKBN18L03C
http://www.reuters.com/article/us-venezuela-economy-idUSKBN19N0X5

Also, my dreamy fella, Venezuela is not an electric paradise as you say. Electricity in Venezuela has always been subsidized, not only with Chavez, but before, just like gas. But since the electric crisis begun a few years ago we suffer constant electric shortages that, you may also know, little Tesla, damage equipment. But what about the internet? Is it also cheap and easy to access? Well, for your knowledge, we also have the worst internet in Latin America, let us not speak of the rest of the World.
 
http://www.newyorker.com/tech/elements/the-electricity-crisis-in-venezuela-a-cautionary-tale
https://advox.globalvoices.org/2016/06/08/in-venezuela-electrical-shortages-limit-basic-communication-and-free-expression/
https://steemit.com/venezuela/@acutebonobo/internet-in-venezuela

But hey! Venezuela is a spring of crypto freedom… NOT! Cryptomining is also under legal suspicion and investigation, because you cannot use the “free” electricity for profit, and that you cannot consume but a certain amount of Watts… Wh Whats? Yeah. If you don’t believe me believe this:

https://www.cryptocoinsnews.com/venezuelan-authorities-destroy-bitcoin-mining-center-crackdown-continues/

Here is the benefit we are taking from this: To school uninformed people about what controls, regulation, corruption can do to an economy, and to offer a solution to liberate people from shitty central-bank-issued currency…

However, after receiving all this information, and informing yourself of what are we going through, you should contribute to Coinless… I mean, as a matter of decency, alyssa85… a matter of decency.

Yes, we are so so Venezuelan… Do you want more proof? LET THE PEOPLE SPEAK

https://www.youtube.com/watch?v=Iec8iMuAFEM

[iCoinWatch]

So one thing that needs to be asked, are you going to help out the people in your country? Are you going to be giving back to your people?

What are you doing to benefit Venezuela other than attempting to enrich yourself?

[coinless]

So one thing that needs to be asked, are you going to help out the people in your country? Are you going to be giving back to your people?

What are you doing to benefit Venezuela other than attempting to enrich yourself?

Yes, half of the money will be donated to several institutions that we support and which struggle each day to enforce democratic ideals in Venezuela. We decided to stay anonymous and not mention it in our web page since this can be punished by the law in this country with military trials and jail time. Also because this is our first try on ICO development, let's say, the first chapter in a series of actions to restore economic freedom and bypassing corruption.

[Lustium]

Wow, a lot of thought went into this post!  Kudos to you for a great troll post!  It almost sounds like a joke... Karl Marx, Milton Friedman, and Adam Smith walk into a bar....

Check this out!
https://medium.com/@coinless/crypto-cult-surrounding-absurd-currency-d40ad94f84c3