Bitcoin
-
Money is a record of payments and receipts. Most of the money that people use these days is electronic. That will continue to be the case unless international communications completely breaks down (but that would be a huge economic disaster).
-
Money is a record of a “partly completely transaction”. The volume of uncompleted transactions can increase and decline over time, depending on what people are doing. More on this here.
-
Recent events in Cyprus have made people think again about the security of money in the bank. Depositors have had the value of their deposits arbitrarily reduced. Here in NZ, the central bank has announced a process for taking a haircut from deposits in a situation where a major bank is in danger of collapse. These events are not reassuring. People are beginning to realise that we need a better system of money.
-
Modern banking processes make international money transfers quite expensive. I have to pay $5.00 to bank a check issued by a major international business. This seems excessive, given there is almost no risk of the check bouncing, and the bank demands the right to reverse the payment and charge another fee if the check does not clear. People are looking for better ways to make international transactions in an electronic world.
Source: http://getrad2.blogspot.com/2013/05/bitcoin.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).