Bitcoin a smashing success worldwide – exceeds $1 billion in value as other currencies fail

Bitcoin a smashing success worldwide – exceeds $1 billion in value as other currencies fail



By The Watcher – Posted on April 5, 2013Posted in: Cashless society, Economic crisis

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Within
just a few short years, Bitcoin is a currency to be reckoned with.
Already its value has topped $1 billion with greater gains predicted for
the future. As a revolutionary and independent virtual currency, many
are flocking to bitcoin in an attempt to avoid seizure of bank funds and
plummeting economies tied to central banks. What’s more, a wide range
of opportunities to use Bitcoin are becoming more commonplace as this
innovative and safe currency grows in popularity.

Cutting edge currency circumvents central banking system


For those unfamiliar with the currency and the advantages it holds, RT: Question More provides a succinct overview:

“Bitcoin is an experimental, decentralized digital currency first
introduced in 2009, which allows instant payments to anyone, anywhere in
the world. Bitcoins do not physically exist and are not issued by a
central bank.”

The news agency also reports that, “Already bigger than many
sovereign currencies, Bitcoin has broken the $1 billion in value mark
this week [March 31, 2013]. In the wake of continuing economic crises
and liquidity shortages, this new virtual currency is poised to
challenge the euro and US dollar.”

Mike Adams, editor of Natural News, observes that Bitcoin is
“revolutionary” in that “all transactions are (virtually) free, and
Bitcoin money can be freely sent or received globally, from any country,
with no regulations or restrictions.”

Anonymity is maintained through Bitcoin e-wallets which incorporate unique ID numbers for each client.

Expanding markets


For those who aren’t willing to wait around for an economic collapse
or to have their bank accounts looted, Bitcoin is an attractive option.
Scores of people are developing creative ways to acquire and use the currency.
Canadian Taylor More is just one example. His two-bedroom bungalow in
Alberta is listed for sale in exchange for Bitcoins — 5,362 to be exact.

Likewise, the NaturalNews Store has announced the acceptance of
Bitcoin for everything it offers including superfoods, nutritional
supplements, heirloom organic garden seeds, salt lamps and much more.
Additionally, online businesses often welcome the virtual currency for
their wares or services. Clothing, domain hosting, electronics, sporting
goods, home accessories along with hotel rooms and taxis are some of
the options available for Bitcoin use.

More believes Bitcoin is the best defense against failing economic
structures. “Because it has no central authority no one can freeze
accounts. So people are seeing the beauty of it, especially considering
what is going on in Cyprus with everyone’s bank accounts being frozen. This is a way to keep your savings safe,” he reasons in the article, Canadian house first on sale for Bitcoin currency.

In view of Bitcoin’s phenomenal success over
such a brief period of time, many are convinced that new markets to use
the currency will continue to rapidly develop. Rick Falkvinge, founder
of the Swedish Pirate Party, “estimated that Bitcoin could capture
between 1 and 10 percent of the global foreign exchange market, ” as
stated in Challenging the dollar: Bitcoin total tops $1 billion.
“This implies that the price of each and every Bitcoin would rise to
between $100,000 and $1 million,” according to Max Keiser, host of RT
news Keiser Report.

Sources for this article include:

http://rt.com/news/bitcoin-challenge-dollar-currency-121/
http://www.naturalnews.com
http://rt.com/news/house-for-sale-bitcoins-781/
http://www.naturalnews.com/039636_Cyprus_bailout_agreement.html
http://bitcoinmagazine.com/where-to-spend-your-bitcoins/

About the author:
Carolanne enthusiastically believes if we want to see change in the
world, we need to be the change. As a nutritionist, natural foods chef
and wellness coach, Carolanne has encouraged others to embrace a healthy
lifestyle of organic living, gratefulness and joyful orientation for
over 13 years. Through her website www.Thrive-Living.net she looks forward to connecting with other like-minded people who share a similar vision.

Source: NaturalNews
By Carolanne Wright

Featured image by: keep_bitcoin_real


Thanks to: http://thewatchers.adorraeli.com

Maybe we will be able to cash in our dinar for bitcoin. Now I will have to teach my computer to do algorithms for whom knows who for lord only knows what. This whole concept is really so above my level of comprehension. Am I alone in this? This is the move to a cashless society.

This my friend purps, is the move towards a cashless society by the PTB. We have been told that this is coming. This will be followed by the RFID chip......One must always remember, these entities are not from this planet and have lived here for thousands of years, so their patience is unhuman....You cannot think in a normal thought process to understand their movements. Time is of no importance to them therefore most cannot understand it. You have to go outside of the box.....They move society at such a slow pace that very few can even see it until its too late. You know, most will say "how did this happen" while you and I sit and watch the transformation. Purps, the texts that guide our thought process was created and fabricated by them....`Want to know where they are purps....want to be able to see them......Purps, you ask all the questions but I do not feel you really are ready to know..are you?......Think..... Its the RH-........You feel at your very essence that this whole society makes no sense.......because..........IT DOESNT!!!!!!! Its fabricated.......Send me a pm if you want to talk again.....You know the truth.......accept it.....And the questions will for the most part all be answered....

I think I am ready topspin. The nocturnal wars are being waged in my dreams. I know who I was and why I am here.

Why are they trying to make our computer programs do algorithms is what I do not understand. Is it to be able to take control of all computers? That is the nly conclusion I can come to so far. I keep thinking of the movie I Robot...

One of the reasons that I try so hard on this site and elsewhere to make sure that people stop vaccinating their children is that is how they will implant the chips... I know this.

I do want to talk and I will pm you.... thanks for always being there to help push me along. LOVE to you!!!

Here you go nannee

Thanks purps!! I missed the show and I have messaged them to send me a link but apparently the whole bitcoin thing is a huge scam and left scores of people penniless! Hopefully the ABC will send me a video of the show so I can watch it!

We saw the short to the show and it said a currency scam that has left thousands broke and we immediately went "Ohhhhhhh Nooooooo" LOL! thank goodness it wasnt dinar lol!