ABOUT CRYPTO CURRENCY
The founder of cryptocurrency in world Johann Silvio Gesell (17 March 1862 -11 March 1930) was a German merchant, theoretical economist, social activist and founder of Freiwirtschaft. The author of the theory "free access money". The author of works "The Natural Economic Order." "Money without interest and inflation." Gesell concluded that the orderly velocity of money is an important condition for the crisis-free economy. Money should only serve as a medium of exchange, and not as a means of savings. His economic views were based on the abolition of interest on loans and the nationalization of land. Gesell concluded that the uniform velocity of money is an important condition for the crisis-free economy. Money should only serve as a medium of exchange, and not as a means of savings. He wrote that "natural economic order", which provides the circulation of money - this is the order in which the money is paid public services. You should be used "money with a negative percentage." Then the owners of the money are required to transmit regularly to the state a small percentage as a fee for the right to use public money.
The first practical application of the views Gesell was an experiment in 1932 in the Austrian town of Wörgl with a population of 3,000 people. As a result of the experiment in the city bridge was built to improve the condition of roads, increased investment in public services. It was at this time when many European countries were forced to deal with rising unemployment, the unemployment rate in Worgl for the year decreased by 25%. More than 300 communities in Austria are interested in this model.
The most powerful system of free money now - the Swiss WIR (Wirtschaftsring-Genossenschaft, Co-op) 62 000 participants and provides an annual turnover of 1 billion 650 million Swiss francs. This system was established in 1934 as a mechanism to overcome the payment crisis. A logical extension of Gesell's ideas are different versions of "local exchange trading systems» (LETS), available today in the United States and Europe. (www.wikipedia.)
CRYPTOCURRENCY AROUND THE WORLD
We see a different cryptocurrencys and electronics money in the world. Such money is easier to manage, no need pay taxes, they are calculated easily. Cryptocurrencys is electronic money issuance is limited and real money different states print uncontrollably. The cryptocurrencys is produced automatically by computer programs (Mining). Enother type cryptocurrencys is Tokens. The Tokens is produced persons or companies. Tokens often need to pay real money. Some companies the cost of tokens they give cover. Tokens also focus on growth, but the system is unstable. It is necessary to carefully examine each Token currency. What guarantees for the token. than token provided for them, that you can get when you return: stocks, gold, silver. There are the following cryptocurrencys and Tokens: Bit Coin, One Coin,Lite Coin, Elite Coin and some others.
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