Simply the easiest Bitcoin & Bitcoin Cash Wallet
Digital Asset Merchants Exchange believes Bitcoin should be viewed in two formats, one as a Checking Account & one as a Savings Account. The wallet above handles both for you!
Bitcoin (BTC) has become an investment vehicle for those on Wall Street who want to hedge against inflation while Bitcoin Cash (BCH) has become the go to Cryptocurrency to use as currency.
Why has Bitcoin come to have these two? BTC has remained with small block sizes which keeps the transaction confirmation times at 10 minutes while BCH has bigger block sizes and has implemented SPV technology as outlined in the original Bitcoin Whitepaper.
Bitcoin Cash
is money! Bitcoin Cash is money and its technology makes it ready
for everyday purchases. What is Bitcoin Cash and how is it money? Two
words for you, Decentralized Deflation.
How
is it money? Besides the transaction speed and the fact that it has a
maximum supply making it deflationary one can argue it is a store of
value. The definition
of a store of value according to Investopedia is it's an asset that
maintains its value without depreciating. With a maximum supply the
value
of Bitcoin Cash will inevitably rise over time, as more and more people
use it
in many different use cases. Unlike fiat money like the US Dollar which
can be printed at will and is inflationary. To read more about the US
Dollar and its inflationary measures please see the end of this post.
At Digital Asset Merchant Exchange we believe now is the time to not only be your own bank but also to start saving money and free yourself from the chains of inflation.
Stated more simply I'm My Own Bank & I'm Loving It!
Business Owners
As business owners ourselves we understand that the majority of your customers
are paying you with their credit or debit cards these days. We also
understand that every time a customer swipes their card that Visa
charges you 3% - 4% per transaction. Imagine the impact on your bottom
line without that charge.
With Bitcoin Cash the transactions are instant and a fraction of a penny. You're not sacrificing anything and you are recouping that 3% - 4%, which is going directly to your bottom line.
It's
simple, quick and free to get started accepting Bitcoin Cash. Within minutes
you can have your wallet setup on your smartphone. We recommend one of
the most secure and easy to use Bitcoin Cash wallets available, just click iPhone or Android.
But what about the volatility of Bitcoin Cash? How can I avoid it? It's simple, once a customer pays you in Bitcoin Cash you can send it to a Crypto exchange and sell it for US Dollars. Once you're holding US Dollars on the exchange you can send the money to your bank whenever you wish, in the meantime it will be stored in Dollars.
We
recommend one of the largest most secure exchanges in the US, one that
is fully compliant with US rules and regulations.
Download the world's largest and most secure Crypto exchange app.
US Citizens click here.
Non-US Citizens click here.
Business owners & merchants email us to learn how to implement a Bitcoin Cash POS system at no cost as well as how to setup a rewards token for your business.
Consumers
What's the advantages of using Bitcoin Cash to the consumer? One word, as listed above, Deflation. Bitcoin Cash is a deflationary currency, over time its purchasing power will
increase, unlike the US Dollar. As you'll see in the charts below the
US Dollar's purchasing power has only declined because of inflation and
the printing of dollars. Stated earlier, nobody can make more Bitcoin Cash, it
has a maximum supply and therefore is deflationary by design.
Inflation
robs you of your wealth, of your purchasing power. Have you not
wondered why it's harder to make ends meet now more than ever? Why
things seem more expensive than years ago? As I'm sure you're aware of,
it's a direct result of inflation and what the Federal Reserve is doing
to the Dollar.
*Why not just send from the exchange and not use the wallet to pay for goods and services? Because the exchange has a protocol for withdrawal of Crypto/Bitcoin Cash, one that takes a few minutes and no merchant/business owner is going to want to wait or have their customers wait several minutes for the transaction to be confirmed. When you send Bitcoin Cash from your wallet to the merchant/business owner's wallet it is literally confirmed in less than one second.
Lets take control of our future, of our purchasing power. Download your Bitcoin Cash wallet today on your smartphone, it literally takes just a few minutes and is completely free.
How do you acquire Bitcoin Cash? As with our recommendation to business owners above we direct you to one of the largest and most secure Crypto exchanges in the world, they are fully compliant with all rules and regulations and it's simple to setup your account.
Once
your account is setup you can buy yourself some Bitcoin Cash and then send
it
to your wallet to use when making purchases at merchants who accept
Bitcoin Cash. Or send some to your friends and family, whatever you want,
it's
YOUR MONEY.
*Why not just send from the exchange and not use the wallet to pay for goods and services? Because the exchange has a protocol for withdrawal of Crypto/Bitcoin Cash, one that takes a few minutes and no merchant/business owner is going to want to wait or have their customers wait several minutes for the transaction to be confirmed. When you send Bitcoin Cash from your wallet to the merchant/business owner's wallet it is literally confirmed in less than one second.
We
hope that you not only find yourself saving money, gaining purchasing
power, over the long-term but we also hope that you enjoy using Bitcoin Cash as
much as we do. Once you find joy in using it we hope that you share
your knowledge and experience with family and friends.
If you have any questions or problems setting up your wallet or account at the exchange please email us or contact us on Twitter @damxchange
About the US Dollar
Since 1913 when the Federal Reserve was created the
purchasing power of the US Dollar has declined by 96.17%.
How about in more modern times?
Since
2010 the purchasing power of the US Dollar has declined by 14.85%.
This is all thanks to inflation and the dollar being printed at will. (the above charts are from the Federal Reserve)
We recommend you read
either The Creature from Jekyll Island or it's shorter version Dishonest
Money Financing the Road to Ruin. Both books clearly lay out the
beginnings of the Federal Reserve and its impact on the US Dollar. It
will open up your eyes to what is really happening to your wealth!
*Disclaimer:
This is not investment advice and in no manner should be thought of as
investment advice. It is simply to spread the word about the advantages
of using Bitcoin Cash as money, as currency, in your everyday life.
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