For those who are interested to provide some sort of financial help to the people in need and want to give back something to the society, then presence of such active and non- profit charitable platform is considered to be an ideal choice. Anybody can be associated with the welfare service and offer financial resources in any way and in any amount that they deem fit. Since the mutual aid platform is based on the idea of sharing and trust, the givers and takers are not compelled to follow any other terms. With a sense of generosity and kindness, Bitlioner solutions have set themselves to be very different than the rest.
By remaining positive with regard to such amicable and supportive services, dedicated citizens are not just considered as mere donators. They have been given a chance to get involved and look after the immediate needs of the people in the most genuine manner. The borrowers also do not have to necessarily remain in the debt book all their life, since even they are able to contribute to such efforts when out of severe financial position.
Since the non profit platform has been run by the least scope of personal gains, it is presented to the viewers as a unique and distinguished way to facilitate much support to people who are in crisis and severe needs due to the current economic misfortunes.
What stands as an interesting fact is that Bitlioner is regarded to be an online social community that is based on mutual trust and goodwill. The Bitlioner is not just another conventional aiding system online with the presence of a proper organisational structure, for it is the people themselves who are known to regulate and initiate the services in a dedicated and selfless manner. As the social community service is known to have a no-obligation rule, the borrowers are not required to adhere to pre-determined terms and conditions for facilities
bitlioner is definitely unlike most other financial aid providing systems that you have come across. Irrespective from where you are, you can contribute and even gain help from the community of members that you are a part of. It is not a system that works on the basis of material exchanges because the value is measured not in terms of what you have contributed but your engagement. You can encourage others to participate in the platform and take help and provide it as well.
bitlioner is here to make your life easier by mitigating your financial issues in a purely non conventional way based on sharing and commitment.
Contributing to the society in a positive manner, the mutual aid sharing platform tries to deliver maximum financial support to people in need by adhering to basic core values of faith and goodwill.
Compassion provided in the basic means of understanding and provides as the main frame for bitlioner. If you are in need of assist and want to come out of a dire financial situation then this non profit organisation can be an appropriate place to start. The volunteers themselves are engaged in the charity and there is no such thing of the platform taking money and providing it. Hence it is the circle of faith and reliance that makes the most of the transactions. Once you have provided help, there is no expectation of valued returns. However you can expect a 100% increase return within a period of 30 days. Moreover at every step there are incentives for encouraging more participation.
All you need to do is engage and ease yourself from the problems that had been causing great troubles. Based completely on trust and friendship, it is quite unconventional, yet provides a sufficient helping hand to people in need.
Facing the brutalities of life, people often tend to resort to means that are extreme and most often create a situation that becomes worse than before. This happens mostly in cases of a financial issue that becomes unsolvable and difficult to mitigate. Creating a circumstance that makes most individuals lose hope and take drastic steps. Moreover even the conventional forums are not of much help in times of urgent need.
Moving away from the general framework, bitlioner is provides a greater platform that is based purely on the benevolent acts of members and fellow participants. It has no structural values and does not consist of any designations that are awarded. There are no obligatory contracts because the entire forum is based on understanding and mutual sharing. You can donate money if you want to in order to help another without working under any obligations.
Because of a pre-programmed cap on the amount of data bitcoins network is allowed to process, the current system for verifying payments needs to boost its maximum capacity, or transaction times will balloon and undermine bitcoins 4,475 percent advance over the past five years. In theory, there is a simple fix With some coding tweaks, transactions could continue apace. But the problem is that any change to bitcoins architecture will inevitably create losers, and the motley crew of Chinese miners, software developers, libertarians and entrepreneurs who comprise the bitcoin universe have yet to form a consensus. Bloomberg is Lulu Chen has more on - Daybreak Asia.
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LIKE EVERYTHING, BITCOIN’S VALUE IS AFFECTED BY THE LAWS OF SUPPLY AND DEMAND. BECAUSE THE SUPPLY IS LIMITED TO 21 MILLION BITCOINS, AS MORE AND MORE PEOPLE USE BITCOIN THE DEMAND WILL BE RAISED, COMBINED WITH THE FIXED SUPPLY, WILL ENFORCE THE PRICE TO GO UP. AS THE NUMBER OF PEOPLE USING BITCOIN IN THE GLOBE IS STILL RELATIVELY LESS, THE PRICE OF BITCOIN IN TERMS OF TRADITIONAL CURRENCY CAN FLUCTUATE SIGNIFICANTLY ON A DAILY BASIS, BUT IT WILL PERSUING TO INCREASE AS MORE PEOPLE BEGIN TO USE IT. FOR EXAMPLE, IN EARLY 2011 ONE BITCOIN WAS WORTH LESS THAN ONE USD, BUT IN 2015 ONE BITCOIN IS WORTH HUNDREDS OF USD. IN THE FUTURE, IF BITCOIN BECOMES TRULY MORE POPULAR, EACH SINGLE BITCOIN WILL HAVE TO BE WORTH AT LEAST THOUSANDS OF DOLLARS IN ORDER TO ACCOMMODATE THIS ADDITIONAL INCREASED DEMAND.
BITCOIN TRANSACTIONS ARE SEEN BY THE WHOLE NETWORK WITHIN A FEW SECONDS AND RECORDED INTO BITCOIN'S GLOBAL LEDGER CALLED THE BLOCKCHAIN(SERIES OF CHAIN), IN THE NEXT BLOCK. WHILE IT MIGHT BE POSSIBLE THAT A TRANSACTION WON’T BE CONFIRMED IN THE NEXT BLOCK, IN THE HUGE MAJORITY OF CIRCUMSTANCES IT IS FINE TO ACCEPT A TRANSACTION AS SOON AS IT HAS BEEN SEEN BY THE NETWORK. UNLIKE TRADITIONAL PAYMENT SYSTEMS MODES, BITCOIN TRANSACTIONS ARE LIGHTNING FAST AND CAN BE SENT WORLD WIDE. BITCOIN IS STILL RELATIVELY NEW, BUT WITH EACH PASSING DAY & THE NEXT,THE TECHNOLOGY BECOMES MORE RELIABLE AND CONVINIENT. IT IS MORE AND MORE UNLIKELY THAT A PRIME BUG WILL DISSOLVE IN THE SYSTEM AS TIME GOES BY, AND PEOPLE CAN FAITH AND TRUST THE TECHNOLOGY MORE WITH THE PASSING OF TIME. EACH MONTH AND IN BITE OF TIME PEOPLE TRANSACT MILLIONS OF DOLLARS WORTH OF BITCOIN.