btcmarkets

The Legal Tender Act was passed in 1862 and essentially said US dollars were legal tender and had to be accepted for all debts, public and private. Digital currency challenges legal tender laws in the same way Uber challenges taxi monopolies. Previously there had been a system where the Yellow Taxi Cab was the gold standard and it was the only one that was sanctioned by the government. Then Uber came around and provided people with an alternative which they found to really like as an alternative. The question is, do Central Banks face competitive threats from digital currency? In the long term, the idea of having a currency that's not susceptible to the changes of countercyclical monetary policy is posing some kind of a threat or provides an honest check to Central Banks because they no longer have as secure of a monetary advantage. For more information, visit coinjolt.com/bitcoin-and-the-traditional-monetary-system #bitcoin #cryptocurrency #investments #futures #markets #investing #holdings #blockchain #portfolio #trading #volatility #coinmarketcap #blockchain #bitcoinprice #btc #bitcoinmining #litecoin #bitcoinvalue #buybitcoin #ethereummining #whatisbitcoin #cryptocurrencynews #bitcoinwallet #bitcoinnews #btcmarkets #bitcoininvestment #altcointrader #markets #exchange #bitcointrading #bitcoinwisdom

Bitcoin can be referenced to a similar monetary system used in an island called Yap. In Yap, they don't have metal. So to create money, what they do, is sail in open boats 250 miles across the Pacific in a neighboring island called Palau where they have a particular kind of limestone that they don't have in Yap. These limestones are called Rai Stones and the sizes for these stones can reach upwards of 12-feet. The monetary system of Yap relies on an oral history of ownership. Because these stones are too large to move, buying an item with one simply involves agreeing that the ownership has changed. As long as the transaction is recorded in the oral history, it will now be owned by the person to whom it is passed and no physical movement of the stone is required. If you'd like to learn more about the similarities of how Rai Stones are used as a currency and Bitcoin, you can read more at coinjolt.com/bitcoin-and-the-nature-of-money/ #bitcoin #investing #ethereum #cryptocurrency #holdings #blockchain #portfolio #trading #coinmarketcap #blockchain #bitcoinprice #btc #bitcoinmining #litecoin #bitcoinvalue #buybitcoin #ethereumprice #whatisbitcoin #cryptocurrencynews #bitcoinwallet #bitcoinnews #btcmarkets #bitcoininvestment #altcointrader #markets #exchange #bitcointrading #bitcoinwisdom

Zecoex is excited 🤩 to announce the launch 🚀of BTC market with 100+ crypto pairs on 16th July. For more information, visit : http://www.zecoex.com or 📢 Don't forget to join our TelegramChannel (https://t.me/zecoexcryptoassetexchange ) for the latest updates & announcements about Zecoex. #btcmarkets #btcmarket #CryptoCurrencyExchange

Huobi Australian Bitcoin Exchange now open! . 10 crypto / AUD pairs now available. . This should give BTCMarkets and CoinJar a run for their money! #huobi #bitcoinexchange #btcmarkets #coinjar #binance #bittrex #poloniex #bitcoin #ethereum #litecoin #bitcoinbot #bitcoincash #ripplexrp #zrx #trezor #cryptocurrency #passiveincome #earnbitcoin

Steve Wozniak, often referred to as “Woz” recently made a statement regarding Bitcoin, stating what an incredible thing! When you have something that would be so good to humanity, and has characteristics similar to nature, it’s an incredible thing. Visit https://coinjolt.com/what-an-incredible-thing-bitcoin-is for more! #bitcoin #cryptocurrency #investments #futures #markets #investing #holdings #blockchain #portfolio #trading #volatility #coinmarketcap #blockchain #bitcoinprice #btc #bitcoinmining #litecoin #bitcoinvalue #buybitcoin #ethereummining #whatisbitcoin #cryptocurrencynews #bitcoinwallet #bitcoinnews #btcmarkets #bitcoininvestment #altcointrader #markets #exchange #bitcointrading #bitcoinwisdom

Chamath Palihaptiya, owner of the Golden State Warriors and billionaire known for his early position in Facebook and founder of Social Capital manages $2.2 billion dollars in assets. Palihaptiya, pronounced (pah-le-hap-pe-tee-ah) went on saying, “If you don’t think this Bitcoin thing is going to rip, when Brazil goes through a devaluation, when India Rupee continues to get crushed, when you have all of this money trying to get in and out of these countries where there’s massive political instability or monetary or financial instability, you are being naïve." Read the full interview at: coinjolt.com/chamath-palihapitiya-on-bitcoin/ #bitcoin #investing #ethereum #cryptocurrency #holdings #blockchain #portfolio #trading #coinmarketcap #blockchain #bitcoinprice #btc #bitcoinmining #litecoin #bitcoinvalue #buybitcoin #ethereumprice #whatisbitcoin #cryptocurrencynews #bitcoinwallet #bitcoinnews #btcmarkets #bitcoininvestment #altcointrader #markets #exchange #bitcointrading #bitcoinwisdom

It speaks for itself.. #btcmarkets #btc