Showing posts with label fiat currency. Show all posts
Showing posts with label fiat currency. Show all posts

Sunday, February 2, 2014

crypto currency (~bitcoins) = your kids saving

Cash-flow is important but ensuring your saved money doesn't get diluted by inflation is critical. Knowing your saving are most likely in a fiat money (money without intrinsic value + diluted), you need to consider non-fiat currency like goal or now crypto currency like bitcoins.
Crypto-currency are limited in creation by design, no one can decide to add more numbers like the FED. Crypto currency should be part of your saving for your kids.  

1) Safe way to generate your bitcoin address (public & private key) https://www.bitaddress.org (https://www.bitaddress.org)
2) How to check transfer https://blockchain.info/address/YOUR_PUBLIC_KEY
3) Where to buy BTC in canada https://quickbt.com

Links: 

Monday, September 2, 2013

Banker most important Rule



Banks never goes broke has it is writing in monopoly.



HelicopterBenSmall.jpgKnowing that most currency are fiat currencies (wikipedia= money without  intrinsic value), banks can print money. 
When you print currency, if you own your saving in this currency, it means its value decrease and it will lead to inflation.  

Rule 2: printing money makes your saving less valuable and lead to inflation
Rule 1: currency has no value if not trade

"Give me control of a nation’s money supply, and I care not who makes its laws."
– Meyer Amschel Rothschild