The CombiBar Gold bar is a bullion product manufactured by Valcambi Suisse that is 50 grams in size, scored into fifty – 1 gram rectangles that can be easily broken off and used for an emergency payment system in troubled times.
A Icomarkets account can be set up so it is completely anonymous which is a strong appeal to it’s users but it also makes theft hard to reconcile. Since April, Wright has been contacting the company based in Japan and has been told there was nothing they could do to return his funds and he would have to contact his local police.
The sealed part of the wallet will have the private key without which you cannot access the coins. Therefore, only put as many coins on the wallet as you want to be inaccessible. You will not be able to whip this thing out and take out a few coins to buy a cup of coffee. Rather, think of it as a piggy bank. To get the money, you have to smash it. It is possible to take out smaller amounts, but at this point the security of the wallet is compromised and it would be easier for someone to steal the coins. Better to have them all in or out.
Another good e-currency is Pecunix. This is again an online payment system that is backed by gold. Pecunix essentially works the same as E-gold, so they do not buy and sell their own currency, and it is again stored in the account you have with them.
They are bought and sold through exchange sites. There they can be exchanged into traditional currencies like the Dollar or Euro or for virtual world currencies like the Linden dollar.
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 are bank transfer and Paypal.
During the late 70s and early 80s the country went into debt for state funded projects, a war against the U.K. for the Falklands islands, and state takeover of private debts. Compare that to the U.S. experience.
At this very moment, all over the globe, approximately 85% of non cash funds are being converted to digital money…the days of World Paper Money are numbered and…there is nothing that you or I can do about it. It is the wheels of progress at work. Take it or…