The youtube video on this post breifly explains how we could be on the brink of a global economic meltdown. (note: my dad says people have been saying this his entire life, and he's 65)Imagine tomorrow, you wake up and money doesn't exist anymore because of government defaults.
You and I are more than willing to work, but the people we work for have to way to pay us.
A factory is more than willing to order new machinery, but has no way to pay for it.
Historically gold and silver would act as a medium of exchange, but gold/silver are not easiliy divided into smaller units, and you can't order machinery from China because you would have to physically ship the precious metals there.
Here is where bitcoin *could* save the day, as a world backup currency.
Bitcoin is a secure, digital, online means of exchange, with low barriers to entry.
In a post fiat world, I would wake up and broadcast my QR code to anybody that pays me. how do you get a QR code to accept bitcoin?
Its simple.... you print a piece of paper.
So *potentially* *if* fiat money were to be non-existent anymore because of a global collapse, people would go online, print a piece of paper, and continue to offer goods and services over a secure network.
To begin to accept bitcoin for your goods and service, go to bitaddress.com
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