Most, if not all HYIPs use Gold Currencies for funding investment accounts. Gold Currencies link together financial institutions and markets across the globe in a way that allows instantaneous value transfers with a fraction of the paperwork and fraud associated with traditional bank wires and credit cards. Here are some of the reasons that Gold Currencies are the best way to do business on or off the Net! They're cheaper! Transaction costs using credit cards or PayPal range from 2.5% to 4.5%. International bank wires cost, on average, $40 to $70 using Western Union.
Gold Currencies allow transactions to take place from as low as 0.1% to 1% on the very high end (e-gold). In other words, the cheapest Gold Currency on the net allows online transactions for FORTY-FIVE TIMES LESS than credit cards.
Here's another thing. Bank wires in-country take at least three days to clear. International bank wires can take up to three weeks to clear!
Gold Currencies solve these problems by allowing INSTANTANEOUS and NON-REVERSIBLE transactions! Gold Currencies solve that problem by allowing instantaneous transfers of money anywhere in the world!
As the network of exchange agents and market makers grows, it's now possible to quickly and easily convert your digital currency to cash in any country in the world.
Some Gold Currency Debit Cards allow account holders to withdraw their converted gold or silver bullion to cash through any ATM machine on the planet! This means that no matter where you are, if you can find an ATM machine, you can convert your Gold Currency into cash in the local currency! There are several companies now offering Gold Currency linked debit cards. Gold Currencies are safe! Credit card fraud is becoming increasingly prevalent as hackers steal card numbers from computer networks, crooks root through your garbage and steal your identity, and other nefarious thieves devise ways to get your account number.
Digital Currencies offer a higher level of security than credit cards. Even the lowest level of security for digital money, an account number and password, is a magnitude safer than a credit card. All a thief needs to steal a credit card is the account number. With digital currencies the merchant never sees your password, so it is impossible for a thief to steal it, unless you give it to him yourself (by letting him access your computer - see our article on protecting your computer from hackers).
Gold Money supports digital certificates for customer identification. These certificates cryptographically verify that you are you. This makes it more difficult for thieves from accessing your account. Gold Currencies allow one thing that credit cards never will: Person to Person Payments.
Gold Currencies Allow You to Protect Your Privacy!
It's a known fact that traditional banks keep massive database tracking all of your account activity in the name of "know your customer" and "fighting the war on drugs".
But in reality, we all know that those banks conveniently use those databases to sell information about their customers spending habits to other companies, and governments use that data to find excuses to confiscate your money and property. So, not only does your government have access to all of your spending habits, but so does any individual or organization who wants to buy it.
Most Gold Currencies are based in "capital-friendly" jurisdictions with strict privacy protection laws. For someone to get your account information they have to obtain a court order in the country that your Gold Currency is housed.
This means that true crimes can be prosecuted, but that your privacy will remain intact if you're just an average law abiding customer. Think of it as guaranteeing yourself the right to "due process".
Furthermore, money laundering is not really an issue since you have to spend your national money (such as dollars) through an exchange agent in order to purchase Digital Currency in the first place. Since exchange agents all have accounts at banks with anti-money-laundering practices in place, this means that all money used to purchase digital currencies is theoretically "clean". Clean money in, clean money out!
So, Gold Currencies are able to provide privacy to their customers, and still be able to guarantee that they're not being used for money laundering. As long as all the money coming in and out goes through banks with anti-money laundering practices in place, then money laundering is impossible.
Furthermore, all of the Gold Currencies in business at this time are firmly committed to discouraging crime and money laundering, while at the same time protecting the privacy of their account holders.
Why use Gold Currencies for HYIP investing? Because they're cheaper, faster, safer, global, and private.
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