Bitcoin is Leading the Way for Creating Sustainable Local Economies – Bitcoints

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Published on July 26th, 2015 | by bitcoin

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Bitcoin is Leading the Way for Creating Sustainable Local Economies

Bitcoin is Leading the Way for Creating Sustainable Local EconomiesAs time progressed the world realized the true potential of bitcoin and it also gave rise to other wannabees which are now better known as altcoins.
The technology behind bitcoin, better known as Bitcoin technology or Blockchain technology has far more applications than just acting as a decentralized ledger for bitcoin transactions.
As bitcoin is gaining prominence and entering the mainstream economy, banks and financial companies have started feeling threatened .
Ithaca dollar is created by a company IthaCash with an intention of keeping local money within the local community.
By doing so, all these places are trying to shield themselves from the impacts of the global market and also bitcoin perhaps.

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