" It is often difficult for people new to Bitcoin to grasp the enormous innovation that it represents. A lot of background education that most people do not have is needed for someone to begin to grok what reinventing money really means. Eric Yakes, Author of the 7th Property: Bitcoin and The Monetary Revolution, wrote 4 fantastic articles for Bitcoin Magazine breaking down the foundations of money in society and why Bitcoin is the best money ever invented.
Host Christian Keroles sat down with Eric to discuss the four articles one by one and reflect on what money is and what Bitcoin could mean for society. The first article, The Dimensions of Money, focuses on what money is, how it works and what makes a good money. It is important for people to understand that money is a good or a product and that different properties make a monetary good ideal. According to Yakes, money helps society transfer value across time, space and scales. This is realized in the properties of scarcity, durability, acceptability, portability, divisibility and fungibility. According to Yakes, Bitcoin fulfills these roles better than anything we have ever had before serving as money. " - Read Full Article
Source: bitcoinmagazine
100K-500K BTC SELLER AVAILABLE
" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."
- OTCbid
-13% Gross, -7% Net, B2B, Bank
NEW: 100K with R&E up to 500K BTC @ -13% gross, -7% net, B2B - Look For Buyer
(Seller : CF...YR-Tele)
Post: 30.7.21
A seller is selling 100K-500K BTC @ -13% gross, -7% net
Buyer = 7%
Buyerside = 2.5%
Sellerside = 2.5% (closed)
Jess group = 1% (closed)
First tranche = 10000 BTC
ATV = Authorization to Verify Funds
Buyer's mandate will have to speak with this deal coordinator first before talking to the seller.
Mandate needs to talk to the coordinator first after NCNDA. He is the key person in the deal.
If buyer is not willing, the contract cannot be given.
The seller terms must be followed.
Performance bond stays the same
PROCEDURES:
BUYER SIGNS THIS AGREEMENT AND SENDS IT ALONG WITH ATV (EXHBIT A) ADDRESSED TO SELLER /BANK STATEMENT OF ACCOUNT TO SELLER.
SELLER BANK COMMUNICATES WITH BUYER BANK TO VERIFY THE FUNDS AND THEN SELLER COUNTERSIGNS AGREEMENT. BOTH PARTIES LODGE AGREEMENT WITH RESPECTIVE BANKS.
SELLER BANK ISSUES PERFORMANCE BOND (EXHIBIT C) COVERING THE 10000BTC FIRST TRANCHE TO BUYER.
BUYER BANK VERIFIES THE PERFORMANCE BOND AND TRANSFERS 10000BTC USD/EURO CASH EQUIVALENT TO SELLER BANK ACCOUNT (ISSUER OF PERFORMANCE BOND).
SELLER CONFIRMS THE FUNDS WITH HIS BANK AND CREDIT THE BUYER’S WALLET WITH 10.000 BTC, BUYER CONFIRMS THE COIN VIA BLOCKCHAIN 6 TIMES CONFIRMATION AND NOTIFIES ALL PARTIES.
SELLER PAYS ALL BROKERS AND DISCOUNT TO BUYER BY BTC/FIAT ACCORDING TO THE IMFPA LISTED IN “ANNEX C”.
NEXT TRANCHE CONTINUE UNTIL CONTRACT EXHAUSTED.
BUYER MANDATE ONLY
Interested parties should contact :
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DM Raymond Chai (on Linkedin)
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T.me/otc_bid
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