To understand the math behind the creation of wealth we need to break this creation of wealth down into its component parts. For starters, lets start with some simple equations.
An e-currency exchanger converts money to your chosen e-currency and places it in your account for you to spend as you wish. Funds can be sent to an exchanger by many methods but the most popular ONG Token are bank transfer and Paypal.
On the other hand the great depression of the 1930’s in North America was caused by deflation. In the 1930’s the US dollar still had value because it was backed by gold and silver. It was receipt money. A receipt that was backed by the gold and silver supposedly held in the Treasury vault. Back then the US government did not print a lot of money to avert the depression because it was technically illegal to do so without adding more real money – i.e. gold to the vault.
It is perhaps inevitable that this type of digital, peer to peer, currency would rise, but it is the flaws in the current systems that are giving it a boost. As people lose faith in the government and banks, they are going to be looking for something that will provide more options. They will see the advantages of skipping the middleman of credit cards. International transactions will start to happen skipping the middlemen of banks and wire services. As national currencies destabilize, they will start to see an electronic, non-national, currency as a good reserve currency to hedge against inflation, runs, etc.
Three: Plan For Your Spending. How do you plan to pay for things while you are on your honeymoon? When vacationing within the US, you can pretty much expect to pay for things in your usual preferred way, but if you are heading overseas, you need to plan ahead. It is a good idea to have some cash in whatever the local currency is where you will be going. Currency exchange rates are usually the least favorable at airports and hotels, which often tack on fees as well. Your best bet is to exchange your dollars for euros or pesos at your local bank before leaving town. Be aware that the bank may need to order in the type of currency you need, so do not leave this task until the day before you fly out.
Supply customer service. A few companies offer the opportunity to supply customer support from home. This basically consists of taking orders from people, giving technical support, etcetera.
The new digital model was one tune at a time. No CD. Download it directly. Pay as you go. Music on demand. A 1:1 relationship between the consumer and the producer. Only on a scale that was mass. So an entire industry was reshaped by an idea. It’s happening to television, photography, medicine, and other industries that are artifacts of the Industrial Economy.