Ban Cash Buy

 

Banks and government authorities are anticipating bail-ins, steeply negative interest rates and hefty fees on cash, and they want to close any opening regular depositors might have to escape these forms of officially sanctioned theft. The escape mechanism from bail-ins and fees on cash deposits is physical cash, and hence the sudden flurry of calls to eliminate cash as a relic of a bygone age.

The benefits to banks and governments by eliminating cash are self-evident:

• Every financial transaction can be taxed.
• Every financial transaction can be charged a fee.
• Bank runs are eliminated.
What is BitCoin?
Bitcoin is a decentralized digital currency using public-key cryptography that enables instant payments to anyone, anywhere in the world via peer-to-peer technology to operate with no central authority. Each payment transaction is broadcast to the network and included in the blockchain. Using these techniques provides a fast and extremely reliable payment network that anyone can use.

BitCoin benefits:

Protect from inflation - No withdrawal restriction - Very low transfert fee.

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About BitCoin Security

In the history of Bitcoin, there has never been an attack on the blockchain that resulted in stolen money from a confirmed output. Neither has there ever been a reported theft resulting directly from a vulnerability in the original Bitcoin client, or a vulnerability in the protocol. Bitcoin is secured by standard cryptographic functions. These functions have been peer reviewed by cryptography experts and are considered unlikely to be breakable in the foreseeable future. It is safe to say that the currency itself has never been 'hacked'. However, several major websites using the currency have been hacked, often resulting in high profile Bitcoin heists. These heists are misreported in some media as hacks on Bitcoin itself. An analogy: Just because someone stole US dollars from a supermarket till, doesn’t mean that the US dollar as a currency has been 'hacked'. Most bitcoin thefts are the result of inadequate wallet security. In response to the wave of thefts in 2011 and 2012, the community has developed risk-mitigating measures. As these measures gain adoption by merchants and users, the number of thefts drop.

Hardware Wallets

Using a hardware wallet is the most secure way to store your money. They keep your bitcoins in an offline storage and when connected to a computer, they enable a highly secure way of spending as well (immune to viruses, hackers and keyloggers).

Be Your Own Central Bank !

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BanCashBuyBitCoin is a private initiative to promote BitCoin