What Is The New Money Of The 21st Century?
What is Money?
In reality, it is nothing more than “agreement”. Money is what everybody agrees has value. A long time ago gold and silver coins had value, spices had value, cattle had value and eventually pieces of paper with ink on it came to have value. The value is only a function of what you can do with the item, it’s usefulness and how it can be traded for the things in life that you want or need.
Federal Reserve Act
Unfortunately, the signing of the Federal Reserve act in 1913 by Woodrow Wilson, put the control of money in the hands of a highly unscrupulous group of bankers. You can learn about this story in many places and I will be happy to point you to the information. Ever since, our money system has been based on fraud and US dollars essentially created out of nothing. The global money game is simply an extension of this game.
The US dollar is an instrument of debt. If you can create money from nothing, loan it to someone and charge them interest over 30 years to repay it back, you have essentially created a debt slave. As shocking as it may sound, this is how our system works.
The New Money
The way this is achieved is totally genius and… you can learn about this if you wish. The fees for the transaction are minimal and are used simply to pay people for doing the work of maintaining the blockchain. In this manner, the system becomes virtually self sustaining and self managing. Even just 15 years ago none of this would have ever been conceived of as possible but here it is.
Without having to pay fees to banks or credit card companies, the benefits of Bitcoin are huge and when you add in the privacy factor, Bitcoin blows away other conventional forms of money. As more and more businesses accept Bitcoin for products and services, the more valuable Bitcoin becomes.
Significant Upward Growth
shows the recent increase in value. Considering the revolutionary nature of Bitcoin, the growth projections of so many experts and the versatility and privacy it offers, I’ve reached the conclusion that Bitcoin and other Cryptocurrencies, i.e. Blockchain assets represent an ideal vehicle for having your “new” 21st century money work for you!
How Do I Get Started?
There are many ways of purchasing Bitcoin and other Cryptocurrencies. I encourage you to do the research on all facets of this new field and decide what approach feels best to you. The most important thing is to get started!