Hi everyone, I just found this website while doing a google search for how to properly redeem your paycheck in lawful money using 12USC411, for those that may be aware of commercial redemption or other means of dealing with the Fed Reserve. So, why might this be the replacement? I will get to that, let me give you a bit of background. Anyhow, I first took bitcoin serious last year when the first bit of news started coming out about some girl that made a bunch of money when her small pocket change toy investment suddenly became hundreds of dollars. So, around December of last year, I had a seriously been trying to figure the best way to get into bitcoin either via mining contract or to purchase the equipment. Bottom line is I didn't have the money for either as I am the sole support for my wife and 3 kids. Anyhow, I came across this
http://igg.me/at/community-currency/x/6992328 At the time, they had no name for it yet, I belive they are going to call it RimBit. I really think this one is going to make up for me missing out on BitCoin. I donated $100 to the cause and that got me $7000 coin. The official launch date is soon, right now they are just touching up the last few things like the mobile app, wallets for different OS's and some other nifty Items. What I think is the best part about it....
- Its going to start of at $.01 per coin
- Coins Will Be Released at $1,000,000 per day for 360 days, creating a total of 360,000,000 coins.
- This is being created to be available to all the people, not just hackers.
Anyway, as you may or may not know, “The amount of United States currency notes outstanding and in circulation May not be more than $300,000,000;" Here is an article everyone should read. If your not mad....you're not paying attention!
https://lucas2012infos.wordpress.com/2013/08/18/federal-reserve-act-remedy-no-lawful-money-redemption-account-18-august-2013/So,I hope no one took this overly seriously, I actually didn't realize this until after I started this post when I realized, that for all intents and purposes, $360,000,000 in the hands of the private citizens would virtually eliminate the use of FRN's since thats all they keep floating at any one given time anyway.
Again, here is the link, I really believe this will be the most widely used coin and will likely dominate Bitcoin
