What is LBC? [A “Security” or A Functional Cryptocurrency?]
neo HUMAN eve
The LBRY blockchain is an important invention & tool for humanity. In a world of ever-increasing control & censorship of information, LBRY offers a way to exchange digital content, with no single point of control. It’s a decentralized, blockchain-based, & open source technology, for publishing digital content. Simply put, it’s revolutionary.
LBC is the functional cryptocurrency that’s intrinsically linked to the LBRY network, and the purpose of this video is to demonstrate that point; Unlike many other cryptocurrencies of store value, LBC is a functional tool that allows individuals to publish content, purchase content, tip creators, and boost content on the decentralized LBRY protocol, and it’s in use now.
Recently it was announced that the US Government (SEC) is attempting to sue LBRY.inc (the company that developed the LBRY protocol), for the nonsensical allegation that all distributions of LBRY Credits by LBRY Inc are “unregistered securities offerings”. There’s no victim, and the SEC is not alleging fraud, nor charging any individual at LBRY.inc company. This claim is a tremendous threat to the entire cryptocurrency industry and technical innovation.
The LBRY network is decentralized and not at risk. For users of the LBRY protocol and apps, channels, content, and token holdings are not at risk. Even in an unlikely scenario in which LBRY Inc loses, the LBRY protocol will live on, and work on it will continue. Regardless of the outcome, LBC will remain yours and remain usable. If you want to ensure you have complete control over your credits, channels, and content, download the LBRY Desktop app:
https://lbry.com/get (desktop app) https://helplbrysavecrypto.com (sign the petition) https://odysee.com/
Help LBRY Save Crypto! https://odysee.com/@lbry:3f/helplbrysavecrypto:b
Other noteworthy links: https://odysee.com/@samtime:1/us-gov-tries-suing-a-cryptocurrency-lbry:8
https://odysee.com/@NaomiBrockwell:4/Govt-Sues-LBRY:7
https://odysee.com/@DigitalCashNetwork:c/Save-LBRY:4
https://odysee.com/@MCSCnetwork:b/sec-tries-to-take-down-crypto-currency:e
https://odysee.com/@Anarchast:2/Odysee-Under-Attack:a
https://odysee.com/@justthinkingoutloud:0/the-future-of-crypto,-with-jeremy:6
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