Digital Money & Crypto Currency

[Guest Paul Nulty]

The Emergence of Digital Money & Crypto Currency

 

Lately I've seen only a few people speaking about Crypto Currency yet Bitcoin has been around since 2009 and since then many new digital currencies have emerged. Users view crypto currency as a cheaper way to transact avoiding credit card fee's and so on but then there is also the investment side and the mining of crypto currency which makes it lucrative for investors and seems to attract those who already understand that FIAT money is constantly losing value, in other words as said by Robert Kiyosaki "Cash is Trash" simply because its losing value. Crypto users are using digital money to create their own economy and savvy investors are also making a profit through the mining process and production.

 

With all that said there is still a vast amount of people using smart phones but not yet familiar with smart money, smart investment strategies or even the insights and knowledge of where to start to even learn. Day by day digital money and digital payments are becoming more and more popular around the world and with Switzerland a Town called Zug being home to the first council trial run where residents are allowed to pay for public services and utilities using Bitcoin and the many public high street retailers, cafe's etc, using crypto currency outside of the online shopping industry. Bitcoin is most definitely popular and making waves in the financial sector. People who understand the dynamics of crypto currency are definitely excited about it however there is still a large gap between the few who understand it at the many millions who don't.

 

Personally I've invested in Bitcoin and the new rapidly expanding SwissCoin with a view of protecting my economic energy both short term and long term + the added advantage of another income stream and ROI. The best thing about SwissCoin is the education platform which is tied in to a profit share and mining distribution network making it a haven for both experienced crypto users and complete newbies alike.

 

I'm curious to know how many members here at marketing checkpoint are already Crypto users, whether that be in Bitcoin or some other Crypto Currency?

 

Your comments are appreciated Thank You!

 

 

To Your Amazing Success

 

Paul Nulty

[success43]

I'm a Bitcoin and Litecoin user.

[Greg Wessels]

I've purchased Bitcoin, a good while ago, but I can't access my wallet with a cell phone which I do not presently have.  Not worried...it's not going anywhere.

 

There are just so many Bitcoin-wannabe's out there and most are not a viable cryptocurrency.

 

Looks like you have some vids for me to view, Paul.  I'd better get to watchin' then. 

[aussiegold]

Never been a big fan of the new generation of digital currencies, as I still believe gold is the only real money worth having.

 

With that in mind, I am looking forward to this months full release of KaratBars Cashgold. Not just a gold-backed currency alternative, but actually contains the physical gold in the note!

 

Search Google images for "karatbars cashgold". The system won't allow me to link an image here.                     

 

Cashgold will be available in denominations of 0.1gm (image above)  up to 5gms.

 

Following on from this, next year will see the release of KaratPay, a mobile app that allows members to spend their physical gold via a digital platform, in the same way we now spend fiat money via debit/credit card. KaratBank is already established in Singapore as the base for KaratPay operations. Exciting times ahead!

[plomma]

I use Bitcoin. I have tryed to earn some but not easy ti find good sites with honest admins

[plomma]

Crypto currency will be more and more common.

[Alan Findly]

The Blockchain technology(behind all the so-called crypto currency's) has started a revolution in the banking industry that I find humorously fascinating because when seen in it's pure form, that is, a person-to-person transaction, it virtually eliminates the middle man(the bank).  Now, after ignoring it for these some five years since it's invention by one man, the banks are suddenly trying to jump aboard.  The banks, who hold most the world's (fiat) wealth, are now outsiders, with respect to this new technology.  Oh, they're swaggering around like they knew it all the time.  But they didn't, and they don't(they actually don't know how to get control of it--which is what they're trying to do, now that the cat's out of the bag, so to speak).

 

The one man, BTW, is Mr. Satoshi Nakamoto, who IMO, is a genius and should be hero of the century.

[aussiegold]

Alan, there may be no middleman once people own cryptocurrency, but there is a plethora of exchangers popping up willing to take your cash and credit you with crypto...for a fee!

 

I still like the idea of some physical gold for use in times of emergency. Where will the cryptos be if we were to lose power for an extended time?

[Alan Findly]

aussiegold: You are right, of course.  Precious metals will never lose their mainstay position as a standard of permanent wealth.  But the current debate between the establishment(bankers) and the technocrats is about conveyance.  The techies have an edge in the debate, right now, because of Blockchain and the security of conveyance--once a transaction is agreed upon it cannot be intercepted if conveyed digitally utilizing the Blockchain software/process.  A lot of people have bought into the Blockchain side of the argument, as can be seen by the value of Bitcoin stock, approx. 730 USD.  I'm not a player in this debate, but I sure do enjoy watching from the sidelines!

BTW, the current US president-elect has made some noises that he wants to put the US back on the gold standard.

[nabboo]

I've looked over at different crypto currencies, but am still hesitant to actually start using it. But a lot of programs are starting to use it and maybe this is the time to really get into it.

[trv369]

Since the last troubles with Paypal and lot of TE and PTC owners, I think Bitcoin will be a common withdraw method in a near future.