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Steven Cavan
Showing posts with label currency. Show all posts
Showing posts with label currency. Show all posts
Sunday, February 19, 2017
Saturday, February 18, 2017
How Money and Credit Control Your Life
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
>
How To Protect & Profit from
Debt Collapse & Cashless Society
Be Your Own Bank 2.0 !
Follow Steps Inside
Plus Join For Free
Our Group
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Monday, February 13, 2017
Good News, Key Bitcoin Indicator (Volatility) Is Dropping Like A Rock
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0
https://markethive.com/group/cryptocoin
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Saturday, February 11, 2017
I"m Tired Of Explaining Bitcoin"s Price Drops, But It Has To Be Done
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0
https://markethive.com/group/cryptocoin
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Friday, February 10, 2017
Nigerians Are Taking A Cue From Venezuela And Running To Bitcoin For Safety
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0
https://markethive.com/group/cryptocoin
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Thursday, February 9, 2017
6 Bank Scandals That Cryptocurrency Makes A Thing Of The Past
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0
https://markethive.com/group/cryptocoin
To your success,
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Wednesday, February 8, 2017
John McAfee on bitcoin and cybersecurity
Be Your Own Bank 2.0 !
Protect & Profit from Debt Collapse & Cashless Society
FINANCIAL EDUCATION = YOUR BEST INVESTMENT
Click Banner To Learn About FINANCIAL TRANSPARENCY & BLOCKCHAIN Technology
LEARN ABOUT HOW TO BE YOUR OWN BANK 2.0
https://markethive.com/group/cryptocoin
https://markethive.com/group/cryptogoldmoney
https://www.facebook.com/cryptogoldmoney/
To your success,
Dr. José Angel Delgado
HTW Program & Financial Freedom
www.hightrafficwealthprogram.com
SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Monday, December 26, 2016
Characteristics of Money-Does Digital Currency Have Them?
Money, according to Wikipedia is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form.
So if that is true, then MONEY needs to have some undeniable characteristics. Typically there have been five of them through the centuries for any money to last any length of time. Scarcity, Recognizeability, Divisibility, Fungibility, and Portability are the original five, but there have been some more added over time and by necessity, that will be mentioned further in the blog.
Scarcity is one that has to be in place for money to work properly in any economy. If it wasn"t there would be no value to it and it would not be trusted as payment for goods and services.
Recognizeability is another major factor in what money must be. Whether it is paper, or coins, or cacao beans, it must be recognizable by the accepting party to trust it as payment.
Money must have Divisibility be into smaller units, but still equaling the same value when the smaller parts are together in the same payment. The decimal system has made this very simple with the money we know today.
The next characteristic has to be present, almost more so than the others, for money to work as it is intended. Fungibility is the property of a good or a commodity whose individual units are capable of mutual substitution. So basically it has to look the same across the board according to the denomination. It"s kind of hard to tell now what the different money is and what it looks like anymore because governments are constantly changing the printing or design of it.
Portability is the last of the original 5 but still very important. Money must be easy to carry around with you. Would a 55 gallon drum of oil or a 100 dollar bill be easier to carry? Yeah, no brainer right?
Durability has come into play as a factor for any money to valuable in the different economies of the world. For instance, coins had to be able to withstand time and wear. But then over time the power that money extended to governments and rulers, made quality of that durable money became an enormous factor in its value and if it could be trusted.
Today digital currency has brought with it some more characteristics that need to be in place. Security being of great importance, there has to be a very secure way to transfer digitally from one party to the other.
Stability is the outcome, or benefit of a secure system that delivers digitally around the world through the technology of a block-chain that is decentralized and independent of control be any governing body.
We are about to to be a part, NO, WE ARE ALREADY IN one of the biggest disruptions of all world currencies the planet has ever seen. The Roman Empire experienced it and is no more because of it.
Currency is the language that allows for the expression of transactional value between two parties. So, in the digital age we are in, the coming of digital currency was always inevitable. Thanks to Satoshi Nakamoto, known for inventing bitcoin, implementing the first block-chain, and deploying the first decentralized digital currency, it is becoming a reality. Learn more here.
Contributor
Patrick Tate
Steven Cavan
Friday, December 16, 2016
Financial Education 2.0 | Frequent Questions About Cryptocurrencies
MYCRYPTOCOIN•BITCOIN 2.0
FREE MCC MYCRYPTOCOIN DIGITAL WALLET AND TRAINING
http://higtrafficwealth.cryptocoin20.com/
Are you a newbie in FINANCIAL-ECONOMY 2.0 ? Read this first ...
https://markethive.com/group/cryptocoin/blog/financial-education-20--blockchain--bitcoin--currency
Frequent Questions (www.coinify.com)
1 - How do I store my Bitcoin safely?
Small to medium amounts: We recommend you use a wallet on one of your existing devices where only you can access your funds. Please see our guide for opening a Bitcoin Wallet.


Large amounts: For even more security, we recommend buying a dedicated device, for instance a smartphone, that you use only for storing Bitcoin. You will keep the device offline at all times except when you use it for transferring Bitcoin.
2 - Can virtual currencies be abused for criminal purposes?
Like any currency or technology, Bitcoin can be used for illicit transactions.
However, quantitative studies indicate that the extent to which virtual currencies have been used for illicit purposes is no greater than for national currencies.
Lightspeed Venture Partners estimate that 0.5% of all Bitcoin transactions are used for trading illicit drugs. On the other hand, the United Nations estimate that the illegal drug trade constitutes 0.9% of world GDP. While these two numbers are not directly comparable, there does not seem to be any reason to suspect that virtual currencies are used for illicit purposes any more than traditional currencies.
Furthermore, the anonymity aspects of Bitcoin have been greatly exaggerated by the media. While the Bitcoin system itself does not directly identify its users, every transaction that has ever occurred in Bitcoin is stored and logged forever in the publicly accessible Bitcoin blockchain. Whenever bitcoins are used for purchasing goods or services or exchanged to national currency, the store or exchange provider can identify the customer.
3 - Bitcoins were sent to a wrong or inactive address. Can you send them back to me?
Unfortunately, we are not able to do this. Bitcoin transactions are irreversible.
This is why it is very important that you double check the address you are receiving Bitcoins to and make absolutely sure that it is the right one! The reason for this is that the owner of a Bitcoin wallet is the only one with control over it and being authorised to perform any actions with it.
Contrary to credit cards, Bitcoins can be sent only when using the private key of a wallet owner. Private keys are not public and hence not accessible to us.
In case you have had Bitcoins sent to a wrong address, you have to personally contact the wallet owner in question and ask him to send you back the Bitcoins received by mistake. As there is no directory of owners of wallets, the most common way to contact an owner, is to send a micropayment with a message.
4 - Can a vendor take funds from my wallet without my consent ?
It is not possible for a vendor to withdraw bitcoins unauthorised from you as only you are in control of your own wallet.
Unlike credit cards, which can be processed once the vendor has the card details, bitcoins can only be sent using the private key of the wallet holder.
Private keys are not public and thus not accessible for a Vendor to misuse at a later stage, once the payment has been accepted from a customer.
5 - Can I be sure that I can use Bitcoin in the future or exchange it back to national currency?
No currency can provide an ultimate guarantee that it will keep its value forever.
The security and value of national currencies depend on sensible decisions made by the leaders of central banks and the politicians who elected them.
Similar to gold, there is no company or central bank issuing Bitcoin or regulating its exchange rate. The monetary policy of Bitcoin is instead regulated by open source software and mathematics. This means that the supply of Bitcoin can be accurately predicted 10, 50 and even 100 years ahead.
Bitcoin is still young and what role it will play in the world economy in the future is yet to be discovered.
The number of merchants accepting Bitcoin payments can both increase and decrease significantly, and there are currently no “legal tender” laws requiring merchants to accept Bitcoin as payment. Accepting Bitcoin as a method of payment is completely voluntary.
In the same manner, the Bitcoin exchange rate compared to euros or dollars may also increase or decrease significantly as the price of Bitcoin is determined solely by supply and demand on exchanges - like the price of gold increases or decreases based solely on supply and demand.
NEW CryptoCurrency & Bitcoin 2.0
MYCRYPTOCOIN•BITCOIN 2.0
MCC is going public (ICO) on 10th of January 2017
Until 31th - Dec - 2016 you can adquire Pre-ICO MCC
For details : http://higtrafficwealth.cryptocoin20.com/
For webinars (on the right column of this page) and contact me
https://markethive.com/group/cryptogoldmoney
To your success,
José Angel Delgado
http://www.ibosocial.com/htwprogram
HTW Program & HighTrafficWealth
How To Protect & Increase Your Wealth
FREE Financial Education Training
https://www.facebook.com/cryptogoldmoney/
https://markethive.com/group/cryptogoldmoney
MYCRYPTOCOIN & BITCOIN 2.0
Uses Public blockchain digital ledger
http://higtrafficwealth.cryptocoin20.com/
GOLDMONEY & GOLD 2.0
Uses Private blockchain digital ledger (propietary)
Instant transfers of physical gold ownership between
parties on the platform. Third party custodian (vault)
http://goldmoney.freehightrafficwealth.com/
Steven Cavan
Wednesday, December 14, 2016
Financial Education 2.0 | Blockchain & Bitcoin & Currency
MYCRYPTOCOIN•BITCOIN 2.0
FREE MCC MYCRYPTOCOIN DIGITAL WALLET AND TRAINING
http://higtrafficwealth.cryptocoin20.com/
From www.blockchain.com
The Bitcoin Network is the first successful implementation of blockchain technology.
The term "blockchain technology" typically refers to the transparent, trustless, publicly accessible ledger that allows us to securely transfer the ownership of units of value using public key encryption and proof of work methods.
The technology uses decentralized consensus to maintain the network, which means it is not centrally controlled by a bank, corporation, or government. In fact, the larger the network grows and becomes increasingly decentralized, the more secure it becomes.
The potential for blockchain technology is not limited to bitcoin. As such, it has gained a lot of attention in a variety of industries including: financial services, charities and nonprofits, the arts, and e-commerce.
BLOCKCHAIN (technology) is the new standard for FINANCIAL Transparency:
https://news.coinify.com/the-blockchain-is-the-new-standard-for-financial-transparency/
What is Bitcoin?
Bitcoin can often refer to two things. First, the Bitcoin network that keeps track of our transactions and balances, and second, the currency that we use as the unit of value when we transact. We"ll cover both here ..
The Bitcoin Network
Bitcoin"s payment network (also called the bitcoin blockchain) is what makes it possible for us to transact with one another. The network uses distributed consensus to verify and confirm transactions, and consensus is reached via a large global network of high-performance computers (called miners) running the bitcoin software.
Whenever someone sends a transaction it is broadcast instantly to the network and verified by the miners. Miners are constantly working to confirm individual transactions and include them in the next block of transactions in the chain. Once a new block is verified, all the transactions within it are permanently recorded on the blockchain. Rewards are paid out in bitcoin to miners who confirm transactions and verify the next block as a way to incentivize productivity on the network.
Each party who participates in the mining process has an identical up-to-date copy of the blockchain or public ledger, which is a record of all the transactions in bitcoin history. Each party"s copy of the ledger is updated every time a new block is found.
The Currency
The unit of value that we send and receive on the Bitcoin network is also referred to as bitcoin, or bitcoins. Bitcoin is completely digital, meaning we can"t physically hold it in our hand. It"s also portable, divisible, fungible, and irreversible.
NEW CryptoCurrency & Bitcoin 2.0
MYCRYPTOCOIN•BITCOIN 2.0
MCC is going public (ICO) on 10th of January 2017
Until 31th - Dec - 2016 you can adquire Pre-ICO MCC
For details : http://higtrafficwealth.cryptocoin20.com/
For webinars (on the right column of this page) and contact me
https://markethive.com/group/cryptogoldmoney
To your success,
José Angel Delgado
http://www.ibosocial.com/htwprogram
HTW Program & HighTrafficWealth
How To Protect & Increase Your Wealth
FREE Financial Education Training
https://www.facebook.com/cryptogoldmoney/
https://markethive.com/group/cryptogoldmoney
MYCRYPTOCOIN & BITCOIN 2.0
Uses Public blockchain digital ledger
http://higtrafficwealth.cryptocoin20.com/
GOLDMONEY & GOLD 2.0
Uses Private blockchain digital ledger (propietary)
Instant transfers of physical gold ownership between
parties on the platform. Third party custodian (vault)
http://goldmoney.freehightrafficwealth.com/
Steven Cavan
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