— Covering digital currencies, precious metals and online payments
Part I looks at the motivation behind Voucher-Safe, the evolution of digital currency and how Voucher-Safe transactions work.
In this part we examine the Voucher-Safe economy, trust, security and software.
Read More about Voucher-Safe, a Next Generation Digital Currency – Part II
In 2011 Indian’s imported a record 969 tons of gold. Imports have more than doubled since 2008.
In India gold is still seen as money and is commonly purchased for savings. According to the All India Gems & Jewellery Trade Federation “In a country like India, there is no scheme for social security, and investment in gold is like social security.”
As the rupee weakens and the country’s current account deficit grows, 80% is attributed to gold imports, the Indian government is trying a number of methods to reduce demand. But try as they might, they can’t seem to keep Indians from their gold.
Have look at how gold and Bitcoin performed in 2012 with charts stats from Run to Gold, Priced in Gold, GoldSilver.com and more.
Read More about Fiat vs Gold vs Bitcoin, 2012 Charts and Rankings
“The number of languages WebMoney Transfer system supports has been extended. Now websites, services and WebMoney applications are available in Turkish and Portuguese.”
“Moreover WebMoney users living in Brazil, Turkey, Portugal and other countries, which together number 70 mn citizens speaking Turkish and 200 mn of Portuguese speaking residents, now get financial and technical support provided in their native languages.”
WebMoney is now available in Russian, English, Spanish, Portuguese, Chinese, Turkish, Vietnamese and Indonesian.
From the WebMoney blog.
Oleg Andreev, a software developer and Bitcoin blogger has compiled a list of non-technical answers to common Bitcoin questions. It’s a good read for those new to Bitcoin or for anyone who wants a better understanding of how Bitcoin works without having to learn programing jargon.
The FAQ list covers common questions such as…
Read it here.
A member of the bitcointalk.org forum, Stephen Gornic, has compiled a list of notable Bitcoin legal events from the past few years.
Read More about List of Bitcoin court cases, complaints, regulatory actions, etc.
“I have not faced the prospect of a new year with so much trepidation as when I contemplate what is in store for 2013. Systemic risks abound, which of themselves are not the main story, only milestones on the road to final currency destruction, unless governments somehow regain their senses.”
Read More about GoldMoney: Alasdair Macleod’s Outlook for 2013
“The typical human reaction to any infection, vermin, danger, or toxicity is to stand back, to isolate the agent, to trap it, to prevent its further spread or release, then to remove it in a safe secure way if possible using trained professionals. Eventually decisions must be made on the level of acceptable risk on the removal, like what is willing to be lost or damaged or killed in the process. Risk analysis, cost trade-offs, and minimization decisions must be evaluated and executed. The toxic agent in global trade, global banking, and global bond market is the USDollar. In 2009, the Jackass began making a certain firm point. Those nations that depart from the entire USDollar system early will be the leading nations in the next chapter, with stronger foundations, richer solvency, emerging economies, healthier financial markets, efficient credit engines, growing wealth, stronger political helm activity, and better functioning systems generally.“
Read More about Jim Willie: The Coming Isolation of the US Dollar
The Economic Policy Journal’s Chris Rossini list “50 thoughts to help reach a very important conclusion: That money must be completely severed from State control. Our economic lives literally depend on it.” Read More about Economic Policy Journal: 50 Reasons For The Separation of Money & State
