CORE MAGAZINE March 2018 | Page 29

Blockchain News claims that its objectives of empowering and enlightening society with its decentralized ( peer-to-peer ) payment platform is based on the same principles that the famous action star adheres to . Furthermore , Bitcoiin ’ s developers also say that they ’ ve selected Seagal as their ambassador because of his philanthropic work and involvement in various charities .

Using Celebrity Power To Endorse Bitcoiin

Although a number of celebrities such as famous rapper 50 Cent and Jamie Foxx have already somehow managed to associate their names with the cryptocurrency industry , Steven Seagal seems to have gone a step further . That ’ s because no other A-list celebrity might have actually become an official ambassador for a crypto-platform , until now .
By choosing to represent this company , the “ Zen master ” is not only backing its new cryptocurrency , but also promoting its proprietary wallet , mining equipment , and customized service which enables users to trade its crypto for other altcoins and traditional currencies . Like many other new digital currency platforms , Bitcoiin creators promise that it will be “ a superior or more advanced version of Original Bitcoin ”. Perhaps its best selling point is that it claims to utilize the Ethereum blockchain , which is generally considered to run faster , more securely , and overall more efficiently than most other blockchain platforms .

Comparisons To Pyramid Schemes

Crypto-experts argue that the Bitcoiin whitepaper does not convincingly convey what problem it will actually solve . In addition , there ’ s no clear indication of who the people behind this new digital currency are . There also seem to be some signs that this could just be another pyramid investment scheme . Moreover , some skeptics say that the coin ’ s name is far too similar to that of Bitcoin . So , it could potentially create a lot of confusion and even be misleading , especially to the newcomers in the cryptosphere .
Notably , Steven Seagal ’ s reputation isn ’ t squeaky clean either since he has recently been accused of rape . The allegations have been brought forward by a woman named Regina Simons , who claims that the actor forcefully undressed and assaulted her back in 1993 . Other women such as gorgeous model and actress Jenny McCarthy have also accused Seagal of sezual harassment .
Although we ’ re living during a time when even the U . S . president has been accused of immoral sexual conduct , Seagal has not actually been proven guilty . So , as the saying goes , he ’ s “ innocent until proven guilty ”. Similarly , the proposed Bitcoiin digital currency might seem shady , but there ’ s still a slim chance that it could prove to be a legitimate crypto-platform .
Let ’ s try to keep an open mind . Admittedly , it might be a bit difficult in this case .
Omar Faridi omar @ coregroup . info
Core Magazine 29