new bit coin wealth alliance -how to make transactions with bit coins?

I am sure you are aware of the fact about new bit coin wealth alliance that very central bank have enough gold to pay back all the money it issues. However in the past century this has changed and gold is not what gives value to money. Now it’s very easy to abuse such power and certainly the major central banks are not renouncing to do so. This is why they are printing money and creating wealth.

This process exposes us to the risk of economic collapse and will result in devaluation of money. In reality money is worth less and whoever is selling something has to increase the price of goods to reflect the real value and this is called inflation. So what is the secret behind money printing? Why are central banks doing so? Now the answer is that by de valuing their currency they are helping the exports.

This is true in fairness in case of our global economy and by issuing fresh money we can afford to pay back the debts we had. In reality we are making new debts to pay the old ones. By devaluing our currencies we are de valuing our debts. In case of inflationary environment it is easier to grow since debts are cheap.

Points to ponder-

·       Bit coins are not inflationary

·       Semi- anonymous operations

In reality it is hard to store wealth and so if you keep the money you worked so hard to get in your bank account you are actually losing wealth because your money is devaluing pretty well quickly. This discourages savers and spurs consumers and this is how our economies are working based on inflation and debts.

Advantage of bit coins-

·       Easy micro-payments

·       Substitute of fiat currencies

Deflation is exactly the opposite of inflation and this is perhaps the biggest nightmare of our central banks.  We have deflation when the overall prices of goods fall, and this is caused by an increase of value of money. Merchants will be under constant pressure since they will need to sell their goods quick otherwise they will lose money as the price they will charge for their services will drop over time.

Are you aware of?-

·       Bit coins are getting legitimate

·       Bit coin is the pioneer of new crypto-currency era, the technology that gives you a peek into future currency.

In case of deflationary environment opt for new bit coin wealth alliance since debt will become a real burden as it will get bigger over time and since our economy is based on debt you can very well imagine what the consequences will be of deflation. Deflation makes growth harder and our future generation will have to pay our debts and if you want to know how bit coins can affect our economy then please click here.