CoinInternet.ComDigital Currency such as BitCoin
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Our goal is to help the local economy
educate people about the money of the future
and help them to earn more of it.
The History of Money
We are lucky to be living at a historic turning point on how to pay for products and
services
with a new internet based Medium Of Exchange (MOE) free of transaction fees.
| Barter | Gold & Silver | Paper Money | Checks | Credit Cards | Digital Currency |
| 10000 BC - 700 BC | 700 BC - 700 AD | 700 - present | 1717 - present | 1940 - present |
2009 - present |
| Trading one thing for another | Circular pieces of metal representing money | Special papers with designs, usually with Government seals | Paper signed by the payor, standing for paper money. | Plastic cards with 16 digit code, standng for money | Transfer of 34 alpha-numeric code through a secure internet channel. |
| Between 2 people | Requires a mint | Country or state governments back the paper, prone to counterfeiting | Bank required, can be forged | Credit card processor takes 3% | Between 2 people with secure encryption |
| "I'll trade you this for that" | "Are the coins really 100% gold?" | "Quantitative easing" by the Fed "increasing money supply" from nothing | "Check is in the mail" | "Your card expired" "Charge it!" | "I'll send the money by email" |
| Seeds for apples | Caesar coin, example: buying a book with gold | Printing money on paper, US Mint | Writing a check | MasterCard Visa, AmEx, etc. |
BitCoins and LiteCoins |
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Click for the latest value from
BitCoinCharts.com
Blog of experiences and thoughts about digital
currency
My BitCoin address is
3M7t7PxR9pViuEMd5HAbge8adjhQLmV6Zg
if you want to send me a thanks.. :)
1. Go to
CoinBase.com - the easiest way I have found, and American
based - in San Francisco, California.
2. Enter your email address and a password
3. Select an amount of BitCoins to purchase, with a minimum of .001 (about $1 if you want to test it first.)
4. Enter your bank account routing number and account, to transfer funds from and to
5. BitCoin will deposit two random amounts, such as 12 and 34 cents, to confirm your bank account.
6. Then you will receive a BitCoin address in your online
wallet, of 34 characters such as
3M7t7PxR9pViuEMd5HAbge8adjhQLmV6Zg that you can use to
make purchases online
and receive income from your customers or donors.
7. For added convenience, you can also install the BitCoin app on your smart phone.
BitCoin Vending Machine
Converting cash to BitCoin and BitCoin to Cash
BitCoin machines at coffee shops. It doesn't get more liquid than this.
Where to buy things with BitCoins
www.spendbitcoins.com/places/?place_type=travel
www.Gyft.com
www.joinsnapcard.com
Here is good web site of charts to see how BitCoins are doing:
www.bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zv
Amazing November 2013 - the fastest rise in history of any major currency
WARNING: MtGox, based Japan, has good charts, but avoid buying through them.
Reporter Ben Swann reports they were too slow in converting his BitCoins to
Dollars
We have had good results with CoinBase, based in the USA.
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