World economy in 2017

     By 2017 the world economy is expected to grow above 3%. A slight increase. This growth rate indicates acceleration after coming down in previous years. However for advanced and emerging countries is a slow increase that is not enough to meet the needs of citizens. Neither is it favorable to fight inflation in many countries of the world and pay off debts. Although North American and European countries are expected to grow at a faster pace thanks to the low oil prices, a possible fiscal impetus, and expansive monetary policy, tensions and slowdowns in emerging economies and the low growth of Some of the exporting economies, especially in Latin America, represent a great deal of uncertainty about economic diversity where many risks must be taken into account.

     In any case, at this rate, many factors converge so that the growth of the world economy continues to grow. The implementation of new currencies systems has benefited several countries. Cryptocurrencies, for example, are already being seen around the world and appear to be a great opportunity for economic development in many countries.

     The advance of new technologies has also boosted economic progress. These are replacing people from their jobs, resulting in unemployment in many countries, causing inequality of income, wealth, and opportunities.

     Some people and companies have benefited from digital currency. They make bitcoin exchanges in different parts of the world as a tool to stabilize their finances a little.

     The changes of government that have occurred this year, as in the USA, are creating great uncertainty about the economic development of the country. The president does not agree with free trade in his country and that way it is very difficult to know how the economy could behave in that country while affecting the world economy.

     Developing the global economy must involve decisions that involve many risks. Some countries are already innovating with the digital currency system and have achieved good results. This kind of currency could be the solution to the economic crises of many countries. People buy Bitcoin to do business with people from other countries and thereby help the world economy to continue to grow and accelerate for years to come.

Towards a world without bills?

Given the success of Bitcoin as an alternative payment method arises a new reason for which to buy Bitcoins. Finding the best exchange rates starts to be even more important when you begin to evaluate the possibility of eliminating cash.

Recently several studies are exploring the possibility of introducing central banks to bitcoin that can replace banknotes in various parts of the world. Until now, it was technically impossible to create an "exchangeable digital cash" anonymously between equals and without intermediaries, such as banknotes. However, blockchain technology (combining distributed information records and cryptography, allowing direct transactions between peers) facilitates these schemes.

The use of blockchain allows to modify certain characteristics of the cash: its circulation can be limited to a restricted universe (against the universal character of the notes); Identify the holders (as opposed to the anonymity of the cash); Or introduce the payment of interest (compared to the fixed nominal value of the notes). Existing proposals pursue a number of objectives: to streamline wholesale interbank payment systems, to partially or totally replace cash (and thereby reduce their costs of informality, fiscal concealment and facility for criminal activity), to increase the capacity of monetary policies to set rates Negative interest and reduce the likelihood of banking crises.

On the other hand, the creation of deposits in the central bank for the whole population implies a separation between means of payment and provision of credit, whose implications for the conversion of saving in investment are not obvious. It may increase financial stability since it reduces the likelihood of banking crises, but it is unclear which alternative mechanism would transform demand deposits into medium- and long-term credit.

As a negative part, we could clarify that the control of Bitcoin would become the property of the World Banks. Since the emergence of the Monaco card and implements such as Gift card used by Bitxoxo, we saw that buying Bitcoins and selling Bitcoins leaves a certain pattern that can be traced. Perhaps in the future, the anonymity provided by Bitcoin will not be so strong, but at the same time, it will bring us more legal certainty regarding its transfers.

Bitcoin implementation

     Today millions of people are looking for ways to earn extra income or ways to invest their money. Cryptocurrencies have been the solution of many of these people but not everyone knows how to invest in them. Bitcoin has been one of the best solutions for these people around the world. Its innovative and decentralized system allows it to be operable from anywhere in the world and its free code gives the programmers an open door to adapt it to the different tastes of the users. This type of currency allows its users to exchange bitcoin with local currencies. To perform the operations, users must have the account created by following the steps of the Bitcoin website.

     There are other web portals that facilitate the use of BTC like Bitxoxo. This platform gives the user the convenience to carry out transactions with their digital coins in a free way and without restricted hours. Thanks to the decentralization of cryptocurrency, a central or bank authorization is not required to carry out the operations. In countries like India, the best BTC rate is handled by Bitxoxo. Users can sell bitcoins in India and other countries around the world. The transactions in Bitxoxo are completely free; the operators do not charge quotas per transaction and are made directly between the interested users. The implementation of Blockchain in this chain of cryptocurrencies has been fundamental to avoid attacks of hackers or any other factor that can interfere.

     Users can buy Bitcoins en their countries or any part of the world and thus generate more revenue for their accounts. Some prefer to keep their digital coins intact because they are reaching increasingly larger values ​​globally.

     Today the economy of thousands of people and companies has stabilized economically thanks to the implementation of digital currencies in their financial systems. There are thousands of shops and stores that accept BTC as a means of payment and is expected to become the official currency of some countries like Japan and Australia.

     The evolution of money has changed a lot in recent years and cryptocurrencies like Bitcoin are at the center of that revolutionary movement.

Bitcoin Giftcards: New way to make gifts

We have all heard of the Gift card, small prepaid cards to a company where it gives us a physical sample to make purchases for the total money invested in them. Pages such as Amazon.com have long had such cards and use them very often to transfer a quantity of money from one user to another, either as a gift or as a simple way to move money from one account to another quickly. But a company in India takes time in the Bitcoins market and is accused of being the creator of the physical gift card for these: Bitxoxo.

This company has a stable and lasting trajectory, is known by many worldwide for one thing especially: it owns a lot of advertising on the internet because it not only focuses on the area of Bitcoins, it also handles seminars, workshops, symposia based on The use of Bitcoins internationally, and are dictated by universities, colleges, and others.

This company is the first company in the world to develop the famous Gift Card completely destined to transfer Bitcoins, which fulfills its mission directly that is: to make accessible the Bitcoins for the whole world, giving to know its security, its facility of interchange And the time required for transactions.

Now it is clear that several companies have started using Bitcoins transfer method through Gift card, however Bitxoxo has a clear advantage for those looking to give away the precious cryptocurrency: All other pages charge a small fee and a charge for The use of any of its services (purchase of Bitcoins, sale of Bitcoins, exchange of Bitcoins). Bitxoxo has a policy of 0% Fees in all its services, therefore the acquisition of that Gift card for your friend will not have an additional cost than sending it to the door of his house.

Then we have understood. If our desire is to give Bitcoins in a physical and fast way, without losing a lot of money, remember: Gift card with this coin are already circulating in the world.

Digital coins vs cash

     There are many types of digital money and electronic accounts in the world. Many people wonder, how can there be so many electronic currencies without a system of control or authority over them. An example of these cryptocurrencies is the Bitcoin.

     For some years this type of currency has been influencing a lot in the networks worldwide thanks to the fact that cash is already disappearing in many countries of the world. People today prefer to change their money for digital coins than to have the hassle of cash. This way you can use it as an investment for your life.

     Bitcoin is not only electronic money, it is a digital currency and its value may vary according to the currency of the country. There are countries in which the authorities want to impose this system as the only form of currency and disappear the cash making inflation that is not so variant and the economy is more stable.

     One big difference between cryptocurrency and electronic money is that bitcoins do not devalue; their value stays constant while money in many countries of the world loses its value over the years. Bitcoins have benefited millions of people in their finances. Users of this digital currency prefer to invest their money in it and in that way multiply their savings by changing them with currencies from other countries.

     With Bitcoin, people can conduct transactions free of charge and without authorization. Cryptocurrency has a purchasing power that other currencies simply ignore and users of bitcoins can evade taxes since it leaves the decision to report to the officers who charge their users.

     As the public is adopting bitcoin and foreign exchange without blockchain-based permits globally and are trying to integrate the technology. Instead of distorting, the organizers of the monetary centers believe in adding the word "blockchain" to existing databases that today will attract more people to a society without cash. One that will be monitored, censored, and still "editable" for those who try to erase fraudulent behavior.

     There is no doubt that the era of the digital currency has arrived to stay and Bitcoin is at the top of the summit as an example for other companies that want to undertake in this new mode of money.

Even the Banks start working with Bitcoins

Given the rise of this cryptocurrency to almost triple in a single year, it was not surprising that it began to attract banking attention, especially in banks in Switzerland was carrying out a completely secret project, for this May 17 to be finally Revealed: it is a revolutionary debit card with direct connection to the virtual wallets of the Internet, known as Monaco Visa.

Monaco has the property of using Ethereum, Bitcoins and several other cryptocurrencies to be able to be sustained, which has led us to think about the strength that the Bitcoins are having worldwide so that the different banking entities are interested in starting to work for this market.

This card allows the use of a telephone application for transactions in Bitcoins almost immediately (both opening the account and the application for transaction), free global transactions in 23 types of currencies in more than 120 countries worldwide using international banks Exchange, free transactions at the level of all users of Monaco Visa, which come directly to the Virtual Wallets to be used again by Monaco.

What has demonstrated this?

The same bank investors have seen through the opacity brought by Bitcoin and have managed to see the future. Now starting to offer better exchange rates globally, it has become imperative for entrepreneurs and future international negotiators to acquire Bitcoins as a method of fast and secure payment of international transactions, without having any losses.

On the other hand, other facilities have been announced for a card known as Monaco Visa Black, which contains as a benefit, free exchange based on world bank prices to any type of currency, as well as the withdrawal of funds for bank accounts.

The banks will only receive 1% of the profit of any transaction as payment for the use of this implemented service, but the transactions in Bitcoins, the purchase of Bitcoins and the sale of Bitcoins have begun to be a matter of day to day, and if The world's biggest investors are beginning to use it, you should start questioning why not do it yourself too.