15 Dec 2015

Bitcoin Infographic

Bitcoin Infographic via master-of-finance.org

Should you and I buy a bitcoin?

Yes or no, something that any individual think twice or more to understand that there is always a solution to every problem that are being controlled or centralized like the bank system as we all know it!

Tulip Mania related to Bitcoin internet rush? 
"It is impossible to comprehend the tulip mania without understanding just how different tulips were from every other flower known to horticulturists in the 17th century." -Dash
The tulip mania of Amsterdam Stock Exchange golden era in the past approximately between 1600 to 1699 to a BITCOIN alternative currency in the modern technology age of the dot com generations is a great opportunity and possibility!

With the inflation bank rates that most western countries struggle by the average jo bloke every day on a fix income with mortgage, car and house insurances, land rates, loans, etc... there should be an alternative! right? Alternative in the right direction for a win-win benefits! It does not only benefits the western countries but also great beneficial for the developing countries or the 3rd world countries as categorized by the mundane system!

Yes there is an alternative! Bitcoin is here! Shall we embrace it!

BITCOIN the alternative currency sleeping giant that every one is waiting for! This infographic layout the percentages of each country represents.

WHAT IS BITCOIN?

  • Bitcoin is an alternative currency!
  • It is decentralized, 
  • peer to peer, 
  • global 
  • digital currency
  • no physical currency to protect or transfer (yeah THINK those pains in the ass when you are waiting for a money transfer overnight that the bank system has to make money from it first before releasing your own money you work harder for it!)
  • no central point of failure
  • open source - anyone can use software!
  • no banks - no inflation - no bank accounts! (yes for the developing countries you do not have to worry about collaterals or securing or being scrutinized how much income you have in your job!?!)
IS THIS THE FREEDOM THAT MOST OF US ALL WAITING FOR?


Always remember the quotation of the late former president Thomas Jefferson (1743-1826) of the United States of America:
 "The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but coin. If the American people allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."