Hello Dear Readers,
If you've been here a while, you probably know that the location of the beach scene in the blog header is Ballast Key, near Key West, Florida.
It's a special place. Crystal clear waters surround white sand beaches. It's beauty is surpassed only by it's tranquility.
I couldn't think of a better place to keep my money.
Yes, you read that correctly.
I'm unbanking.
Instead of the usual checking deposit, I now only use a bank as a clearing house for my paycheck. From instant deposit there, I transfer the dollars to Bitcoin and then to my wallet.
Bingo! My money has the security of a desert island -- and it's accessible and spendable by cell phone.
For you more adventurous types, like me, you can dive into the world of cryptocurrency and diversify your wallet among a sea of alternatives to bitcoin. Dogecoin (internet tipping) and Gaiacoin (e-commerce platform) are two of my favorites.
As a special treat for Gaiacoin users, my good friend, aminerminer, has created a custom skin of Ballast Key. (It's in the Gaiacoin wallet's app store as 'WomanKey'.)
OK, back from the deep end of the crypto hot tub. (inside joke)
I'll leave you to consider this...
In our time, Mexico, Argentina, Greece and now Russia can tell you what a real currency crisis feels like. I hope that you don't get caught in the banking system when Obama tells you about the death of the dollar. It's coming.
All My Best,
c
~ ~ ~
Sunday the G20 will announce a "bail in" for large-scale depositors making their deposits worth less than cash #moneyhttp://t.co/H6sJ9l2sZb
— covertress (@covertress) November 13, 2014
Banks fined billions for rigging currency markets #bank #money #crimeCitigroup, JPMorgan Chase, RBS, HSBC, BofA, UBS http://t.co/A9rDvR2awh
— covertress (@covertress) November 14, 2014
Bitcoin Liberates People Punished For Using Cash http://t.co/Dl9vd9LgFD #Bitcoin #cryptocurrency pic.twitter.com/SrOGLwZ9Vm
— CoinTelegraph (@CoinTelegraph) November 24, 2014
"Both the Internet & Paypal had a long period...before [people] really tried it out." -- @ErikVoorhees#bitcoin #btc pic.twitter.com/tbK6WZRbb6
— covertress (@covertress) November 10, 2014
Your ad has been fixed @westernunion (via http://t.co/IvJkSIuHPb) pic.twitter.com/Th76cpgbsT
— Bitcoin (@Bitcoin) November 21, 2014
The Chinese say: "best time to plant a tree is 20 years ago. Second best is now." Same with #bitcoin; best time to get in is 2009, 2nd now.
— Rick Falkvinge (@Falkvinge) November 14, 2014