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How To Create A Lifetime Passive Income


BullionCoin

Welcome to this overview of a brand new digital currency - BullionCoin

In this announcement you will learn why BullionCoin is superior to other digital currencies, revolutionary even, and also how you can generate a completely passive lifetime income 


The two markets

The first thing to understand is that there are two markets for BullionCoin

The Primary Market - this is where BullionCoin is created

The Secondary Market - this is where BullionCoin is traded for goods, services or cash, in a similar manner to other digital currencies

We’ll start by having a closer look at the Primary Market because it is here we see the greatest differences between BullionCoin and other digital currencies

BullionCoin is not mined out of thin air like Bitcoin and the rest

The only mining involved with BullionCoin is real people with real machines extracting gold and silver from real mines

There’s no ICO with the launch of BullionCoin either; the project is fully funded by it’s directors

BullionCoin can only be purchased into existence with gold or silver bullion and each coin is linked on a one-to-one basis with the bullion that created it (either 1 gram of gold or 50 grams of silver)

All allocations are fully recorded in the blockchain to ensure that every coin is traceable to the bullion that it represents - which is held securely in a vault

Now for ease of delivery I’ll not refer again to silver in this presentation but you can take it as read that whenever I refer to gold in respect of BullionCoin, then silver also applies

So back to the Primary Market

The creator or originator is the person who creates the coin in the Primary Market using their own gold

Once the gold has been allocated to the coin, the gold is effectively frozen for the life of its digital coin; that means the gold cannot be used for anything else

The coin will remain linked not only to the gold but also to its originator - for life. Every time the coin is traded around the world a transaction fee is levied and part of that transaction fee is credited to the originator’s BullionCoin wallet. This is similar in concept to a royalty payment

Obviously, the more coins the originator releases into the Secondary Market, the more he or she will receive in transaction fee royalties


Intrinsic value

At any time the originator or subsequent owner can redeem their coins for their original weight in gold. For example 10 BullionCoins can always be redeemed for 10 grams of gold

That means that, for any buyer, BullionCoin can never fall below the value of the gold that created it

This is extremely attractive to ordinary people and merchants who do not wish to take risks with their money

Taking all this into account it is clear that BullionCoin represents digital gold and also has the intrinsic value of gold


Debit card

To make trade easier, all BullionCoin owners can request a BullionCoin Debit Card and this can be used throughout the world to purchase goods and services

If the merchant accepts BullionCoin then the transaction will be a simple wallet-to-wallet coin transfer. If not then the cash value will be converted to coin at an exchange and debited from the buyer’s BullionCoin wallet

So the way to create a lifetime income with BullionCoin is simply to acquire sufficient coins to cover your expenses and spend them using the debit card

If this process is repeated, every month that goes by will add to your passive income

You can’t do this with your national currency, you can’t do this with Bitcoin or the others, but you can earn with BullionCoin

If you think this is good, well, you’ve only heard half the presentation and the second half is even better


Affordable for all

But the second chapter begins with bad news and that can be found on the BullionCoin website

The minimum entry requirement into the Primary Market is 10,000 coins which will require 10 kilograms of gold. In monetary terms that’s over 300,000 Pounds which is over 400,000 Dollars

That’s far in excess of my budget and, I expect, your’s too

However, there is a bullion dealer who specialises in supplying gold in small quantities for ordinary people to purchase

This dealer, LegacyGold, offers retail sales as well as a network marketing position which pays commissions down through eight levels of membership

But most important of all is that LegacyGold has established an exclusive relationship with BullionCoin to facilitate affordable Primary Market access for ordinary people like you and me. So we can now buy gold and BullionCoin just like the big investors


The importance of volume

Now at this point I’d like to digress for a moment to look at the subject of volume in network marketing

Volume is a generic term to describe the amount of revenue generated (or the spend) in a network - for the host company

Average volume per customer is a key measure because it is directly linked to the amount of commissions available for a given customer population

In traditional network marketing niches like beauty, health and fitness you might find the average customer volume is £20 to £40 per month

If your niche is household utilities like energy and telephony then the average customer volume could be £80 - £120 per month

But what if niches were rendered irrelevant to volume by considering an ordinary family’s entire spend for a month, just getting on with their lives as normal?

This would often be in excess of £1000 per month and, for many families, double that

So keep in mind the huge volume of gold purchases involved with this type of spend and the consequent potential for huge commissions too

Anyway, back to BullionCoin . . .


George's story

Let’s imagine how this could all work for an average person - we’ll call him George

George is a family man; married with two children

He earns a reasonable salary and has all the usual outgoings every month that you would associate with family life

George decides to try out BullionCoin to see how easy it is to create a passive income

He starts by buying £500 of gold to create BullionCoin, all through LegacyGold and, of course, in the Primary Market

Using his BullionCoin debit card, George buys the weekly shopping at the supermarket, buys fuel for his car, draws some cash from his local ATM and continues like this until the funds are gone

So what has George done?

He has released a number of BullionCoins into circulation and, most importantly for George and his family, he has got back the value of the original gold - in goods, services and cash etc

Now George may have lost sight of his coins but the BullionCoins, bless them, they certainly haven’t lost sight of George. Indeed they will never, ever forget their creator and they will continue to repay him for life

Sure enough, in the coming days George notices tiny amounts of BullionCoin being credited to his BullionCoin wallet and, of course, he can spend this extra income using his debit card

George is very happy with this arrangement and resolves to put even more spend on the debit card in the coming months

Before long he has got every penny of his family’s spend, around £1800 per month, being transacted through the debit card

Some transactions don’t lend themselves to the card, like bank direct debits, so he simply funds the card, draws cash and pays the cash into the bank

His wife has been pushing for some new furniture for the living room, so that will go on the card. There’s a family holiday coming up in the summer, that will go on the card and in the back of his mind George knows he’ll have to get a new car before the year is out. That can go on the card too!

Every single month he releases more BullionCoins into circulation and his passive income continues to grow


It begins to snowball

George naturally tells his friends and colleagues about BullionCoin

The people who know, like and trust George start to look very seriously at the system

It’s not long before one of his friends, Tom, decides to take advantage of this passive income and joins LegacyGold via George’s referral link

At this point George’s life changes forever, because Tom’s gold purchase of £1200 generates a healthy commission for George and it’s going to be repeated every month

Later another two work colleagues come on board and already George is earning over £600 per month in LegacyGold commissions alone

George has achieved a growing passive income and a second residual income stream, all without having to persuade anyone to buy anything that they wouldn’t normally buy in getting on with their lives, and with no speculation, no risk whatsoever


Legitimate business

George is very particular about the sort of business he gets involved with or recommends to others - it must meet certain criteria

Up front ownership? - both businesses publish the owners and full contact details on the home page

Retail customers? - neither business requires anyone to commit to an affiliate position if they just want to make a retail purchase. Commissions are paid on purchases only. There’s no gifting scheme, no cycler scheme and no whiff of a Ponzi

Everlasting niche? - gold has been traded for over for 5000 years and digital currencies are here to stay

Repeat business? - in this business model we are talking about repeat household spend every month and for many years to come

Worthwhile volume? - many times greater than any other niche (indeed it's like all niches added together!)


Get in touch

If you would like to be like George, or just find out some more information click below now

   http://www.lgbc.philpayton.co.uk/thank-you

See also my web site:

   http://philpayton.biz/blog

I look forward to hearing from you

Phil Payton

This article was published on 03.12.2017 by Phil Payton
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