Bitcoin Trading with ZarFund
Bitcoin Cryptocurrency is the way of the Future
Back in 2009 Bitcoin made its digital mark on the world. This anonymous ‘currency’ is guaranteed secure for all online money exchanges. The best thing about Bitcoin is that it operates in a decentralized way; that means this electronic currency is not controlled by a central bank or government institution. Thanks to a large and growing network of users around the world, Bitcoin can be mined and exchanged freely.
Anyone with an internet connection can send and receive Bitcoins directly and privately with no transaction fees.
South African traders anywhere in the country, or abroad, can easily send/receive Bitcoins as long as there is an internet connection. Fortunately, there are no transactions fees associated with sending and receiving Bitcoins.
All new Bitcoins are created by complex algorithmic code over a long period of time. This is a control mechanism designed to limit the number of Bitcoins on the market and thereby maintain value for the digital currency. There is a cap on the number of Bitcoins slated for virtual release and it is 21 million. This means that no more Bitcoins will ever be produced, further enhancing its value as a tradable commodity. It is not dissimilar to non-renewable resources such as coal, gold, silver, iron ore and the like.
What’s so special about Bitcoin?
Bitcoin is a cryptocurrency and a new and unique financial vehicle, unlike anything the world has ever seen. It’s called a cryptocurrency because it uses cryptography to control the creation and transfer of money. Despite the name, there is no physical coin to speak of, Bitcoin is a completely electronic form of money.
Bitcoin solves the so called ‘’double spending problem’’ present with digital goods. For example, if I have an mp3 file or an ebook on my computer, I can freely copy that file a thousand times and send it to a thousand different people. For a digital currency, the possibility for unlimited copying would mean a quick hyperinflationary death. Bitcoin solves this by maintaining a peer to peer network and recording each transaction in a public ledger called the block chain. Say I send 1 bitcoin from my bitcoin address to my friend John. The bitcoin network records that transaction in the block chain and I no longer have possession of that bitcoin. The coin ‘moved’ from my bitcoin wallet to John’s wallet.
What’s so special about Bitcoin? There are many arguments on whether the new virtual currency will succeed or fail. We will not get into this nor discuss the politics behind the project. Our concern is strictly with the profit opportunities provided by this new payment phenomenon. In the next few pages on the new digital currency we will outline our thoughts from the perspective of a trader and a potential investor in this upcoming market.
Bitcoin is a peer-to-peer virtual currency. This means that in order for a transaction to occur, no middle men or central authority is needed. You can send any amount of bitcoins to anyone living anywhere in the world, completely eliminating the need for traditional third parties like banks or money transmitters. The cryptocurrency also allows the bypassing of capital and AML restrictions.
In order to send or receive bitcoins, all you need to have is a bitcoin address and internet access. You only need to be online long enough for the transaction to process. Similarly, to traditional bank accounts, you can receive bitcoins to your bitcoin address even if you’re offline. When you want to ‘’collect’’ your coins however, you’ll have to find an internet connection.
What is ZarFund?
Zarfund is a money earning program that involves donating money each month in order to receive donations from other people. Think of a big family circle where everyone donates something in order to receive something else. Except in the case of ZarFund, everyone is donating bitcoin currency and getting back a little bit more than they put in.For example, if I invite you to join ZarFund, you will join up under me, and donate 0.03BTC to me EVERY month. That’s the equivalent of $23. In order to earn your own money, you must then find two people each to join up under you and donate 0.03BTC to you each month. That’s just the first level.
ZarFund is designed in such a way that various “fundraisers” (charity organizations, schools, clubs, non-profit organizations etc.) can use it for building their funds, and achieve their dreams. In fact, and that’s the real essence of this program, ZarFund is a “Matrix” program.
ZarFund concept is a TEAM (Together Everyone Achieve More ) Work Matrix Program.
The founder of Zarfund is Hannes Jordaan. He is from South Africa and has started this company for the sole purpose of helping people like you and me to succeed in making money online.From what I can see so far it is working very well. You can read more about Hannes here.I have found a video interview of Hannes Jordaan you can view it below. This should help in knowing that this Admin is a real person.