To understand the answer lets look at the framers definition:
1. Money is an invention to facilitate trading.
(see article money defined)
2. Money serves as a proxy for bartering by substituting the face value as a standard for pricing goods and services
3. For 5000 years Gold and coins such as silver has served as money. To a great extent they still do. However money has evolved and now includes software source code requiring only your acceptance.
The evolution of money and the understanding of the same is the objective iSage aims to convey. To the end purpose that you would be able to create your own money supply. Therefore if money was invented to facilitate trade. Then trading holds the secret. In our society Wall Street is where we see trading happening at its highest velocity. It is the intent of the economic master minds to move money to and from individual traders faster and faster. Therefore the more successful trading is done, the more money(value) is created.
Even on main street, to make money you must trade currency for goods or services. However the goods being sold are generally acquired at a cost less than what it is sold for. Through these transactions, Money(value) is created.
The sum of all transactions are recorded and published as GDP or gross domestic product. and this number has a lot to do with the value of our currency, inflation considered.
Stocks, bonds and a host of other securities that are traded on wall street are they money?
Short answer, yes! However to understand them you must understand the company that engenders or give rise to their creation. See the article: (Money And The Company.)
Lets look at Facebook’s stock in 2012 the stock IPO’d at $38 per share today it Trades for $171 per share. Can you see how a company can create money for its investors. It is my assertion that individuals successfully engaged in trading can and will create money for themselves. The same individuals can trade their time by working for an employer, another company, and receive a paycheck, money.
Trading is principle number one for making money. Still we were trying to understand what is money. In truth it is everything you think it is but thats not all that it is. The other things that money is lies in a great many innovations of the last 2000 years. You just did not grasp some of them. We at iSage intends to share all to enlighten your understanding of money. Again, with the intent that you too will be able to create your sufficient supply. We encourage you to subscribe to this website for all you need to master money and never be without enough again.
WHAT IS MONEY?
written by Leonard Hall
WHY BITCOINS WILL TRIVE!
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Because it cost the federal government too much to print and fight counterfieting.
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Bitcoins are frictionless meaning it moves swiftly and easily.
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Because trade will speed up and economic growth awaits those economies that adapt it.
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Because nothing is lighter than Bitcoins
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Because they are here and cannot go away. Even if the Army, Navy, Air Force, Or Marines wills its destruction some form of cryptocurrency will remain.
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It is too elegant an invention
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Bitcoin embodies our ideals that is innovation and excellence.
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Because wall street will love it once they understand what it is.
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Because it works better than anything else.
Bitcoin is a decentralized ledger and cryptocurrency based on the uses of what we thought of as money. It was invented in two parts fundmentally both are called Bitcoin. However the latter is also considered "The Blockchain." "bitcoin the currency" is what is stored in a digital wallet and is mined by people who dedicate their computing power to the task of verifing transactions on the bitcoin network which is built up of the same. This technology is revolutionary and offers solutions to whole economies, all industries companies and individuals.
There is an ongoing arms race to mine the currency. Therefore companies suppling bitcoin mining computers called ASIC Application Specific Integrated Circuit are being eniched and millionares are being borned. While this process is not fair because continents like Africa will be last to aquire the currency. Advantage is being gained by North American's Europeans and Such. The technology is so compelleing, elegant, and perfectly functional it cannot be ignored by anyone at the present time. In 2014 it is said to be the year Wall Street and its Venture Capital hoards get onboard. Therefore we see mass amounts of investment pouring into Bitcoin. New companies are springing up every hour. Smart and sophisticated one's are reaping the early mover advantage and more millionares are being engendered by the technolgy, as it were.
Can you afford to turn a blind eye? Some might, however that might be to their own financial harm. An explosion in choice of payment and payment rails in underway. Money has transformed to include software source code and only requires your acceptance. Cryptocurrencies are our future because nothing is more secure and it just works.
Written by
Leonard Hall
WHAT IS BITCOIN
Can Be Viewed On Youtube Using the Above Title.
The first quesion is good, however to answer that we must answer the second question first. So how do we know if there is value in the stock for you or me. Well let's see how Wall Street values the company. One of the primary ways that the Street values a company is to take its earnings and assign a price earnings multiple or PE ratio. For companies growing at say 10% a ratio of 13 may apply, but since FB is growing much faster it is more appropriete to use its growh rate as the multiplier = 30. Then to arrive at its true value we must multiply the current earnings for this year buy that PE ratio.:
30 X $5B = $150 Billion
This is what Wall Street values the company at right now. So what do they value FB at for 2013. The calculation method is the same. Forecast the earnings for 2013 times the PE multiplier and voila!
Lastly, I would not wish to keep you in the dark so I will offer that the Street is forecasting earnings of $5 billion for 2012 and $6.7 to $7.3 billion for 2013. Moreover with all the talk that FB is overvalued I add, recent indication is that FB can and will have significant impact on the mobile platform. Please click articles for more on this matter.
FACEBOOK TO BUY OR NOT?
IF I BUY NOW WILL THERE BE ANY UPSIDE FOR ME?