Grumpy Grapes Posted May 1, 2022 Share Posted May 1, 2022 Does anyone have any views/experience of the CLC's own currency? Quote Link to comment Share on other sites More sharing options...
DaleP Posted May 6, 2022 Share Posted May 6, 2022 What is the ticker? Will have a loook. Quote Link to comment Share on other sites More sharing options...
Grumpy Grapes Posted May 9, 2022 Author Share Posted May 9, 2022 I think it's CRU, but I'm not sure. Quote Link to comment Share on other sites More sharing options...
Grumpy Grapes Posted June 9, 2022 Author Share Posted June 9, 2022 According to the CLC website, "Any amount of Cruinn can be purchased without questions. You will not be questioned when you withdraw from your wallet. The state has no access to your wallet. The Cruinn is backed by precious metals and tangible assets. The price of the Cruinn is linked to the value of Gold (1 ounce of gold = 1,000 Cruinn) There are no taxes to pay on the Cruinn. All income received from fees will go towards setting up common law communities." I wonder what will happen to the Cruinn if the value of Gold declines. Quote Link to comment Share on other sites More sharing options...
DaleP Posted June 9, 2022 Share Posted June 9, 2022 2 hours ago, Grumpy Grapes said: There are no taxes to pay on the Cruinn. That is false. If they are going to use the Common Law to fight the tax, they'd better establish that first. I know it works as no tax on paper/theory but whether if you are contested and your argument works is another matter. Anyway, it doesn't say much at all on the website. What network it uses, for example. No white paper even. lol Quote Link to comment Share on other sites More sharing options...
spideysensei Posted June 18, 2022 Share Posted June 18, 2022 Yeah it is difficult to find info. This very thread came up top in a startpage search. Has a hint of scam coin about it but who knows. Is not listed as CRU either. 1 Quote Link to comment Share on other sites More sharing options...
cryptocurious Posted June 22, 2022 Share Posted June 22, 2022 It's not backed by anything. They say (I talked with them over the phone and e-mail), it will be backed by gold and real assets. They literally say that they will buy gold coins using proceeds from Cruinn and will establish storage to keep it. Pinky promise. Who will keep these assets? What is that person goes rogue, dies, government seize it, someone stole it, or anything else? This is totally centralized, money grab scam. It has nothing to do with cryptocurrency. Why won't they just use Bitcoin, Bitcoin Lightning, or even Monero? Bitcoin is most known, tested and established crypto, Monero is very private. These are ready-made solutions. CLC doesn't want easy payment option. They want your money. That's why they created scam coin cruinn, without any whitepaper, any blockchain, no network, nothing just send them money that's it. 4 Quote Link to comment Share on other sites More sharing options...
By andrea g Posted July 22, 2022 Share Posted July 22, 2022 On 5/1/2022 at 3:03 PM, Grumpy Grapes said: Does anyone have any views/experience of the CLC's own currency? I just bought cruinn to buy the CLC passport. it went well, but only after the top up I realized there is a montly fee about 10 Pounds. I did not know anything about it. Would be good to see any terms and conditions beforehand, that is true. Quote Link to comment Share on other sites More sharing options...
DaleP Posted July 23, 2022 Share Posted July 23, 2022 On 7/22/2022 at 3:47 PM, By andrea g said: I just bought cruinn to buy the CLC passport. it went well, but only after the top up I realized there is a montly fee about 10 Pounds. I did not know anything about it. Would be good to see any terms and conditions beforehand, that is true. Sorry you've been scammed on Day 1. This is probably the entry level scam and there are many more booby traps to make your money disappear in thin air like magic. Dare to enter the crypto world. Consider it lucky since you haven't lost 6 figures+. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.