President Thomas Jefferson: A prophet/Politician (His Bitcoins Prophecy and U)
The Issuing Power should be taken from the bank and restored to the people, to whom it properly belongs. (President Thomas Jefferson).
Thomas Jefferson is publicly renowned by his foresightedness and credible sense of humanity. He was also the Founding father of America who at the time was the major author of Declaration of Independence and later the president of United States, 1801 to 1809.
Why was his prediction true?
At the time he made the above declaration, banking operations was at its infancy with great prospects, today the financial institution of a nation is heavily embedded in banking functions. Also, there was no internet connection and definitely no Bitcoins because the very first Cryptocurrency (Bitcoins) was introduced by 2009. Now, how could he have foreseen a situation like Cryptocurrencies especially Bitcoins? Jefferson's prophecy referred to a future currency without any central control which is what Bitcoins and other Coins are all about. Digital Monies like Dogecoins, Litecoins, Swiss Coins, Bitcoins, etc., have no central control hence belongs to the "people."
Cryptocurrency Will Disrupt Finance Like Email Disrupted Mail (https://intpolicydigest.org/2016/06/29/cryptocurrency-will-disrupt-finance-like-email-disrupted-mail/
This is a prophecy that is gradually coming to pass. Look around you today, 1 BTC equal $748 as at the time of this write up. What are the traits in digital currencies that possibly make them the "People" currency as stipulated by Jefferson.
Features of Cryptocurrencies:
1. Overtime decrease in production. Most if not all digital currencies are expected to reduce in production, which is one o the reason for their increased value.
2. No central control
3. Unlike regular currencies like USD it is not minted but mined using computer algorithms
4. Maintenance of virtual coins is by a group of cryptocurrency miners that have configured their ASIC machines or computer system to take part in the processing of transactions and authentications.
5. They can be earned, exchange for products, services, ideas, etc
6. It is for everyone
7. All virtual currencies have Hash functions: Bitcoins functions is by SHA-256, while others coins' Hash function is by Script.
8. Super Security guaranteed: All the bitcoins have super security functions that includes the difficulty of accessing hash set point.
Digital currency and You
If you don’t have a digital wallet funded with Bitcoins or other coins, you are messing with your right and may miss the great financial revolution. This is your time to start generating or earning bitcoins and others. It is your time to follow financial and Business Icons like Bill Gates, Warren Buffet, even Thomas Jefferson (although late, but it is certain he would have become one of the greatest bitcoins earner if he was alive), etc.
Caution:
Look arround and you will discover the new business wave on the internet – many are scam, while few are genuine. A good example is HYIP, P2P Donations, Affiliate marketing, etc. You have to be careful about joining the right program.
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