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Mary Mirembe
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Bitcoin vs. Reward Points - No More Bitcoin?

Published on 4/26/2015
For additional information  Click Here

Bitcoin vs. Reward Points - No More Bitcoin?


A new currency is rapidly emerging that is likely to overtake
Bitcoin. It seems at this point that bitcoin has lost its lustre.  The
new currency, although presently  little known even in the wider
financial industry, is already circulating across America.

Some well known banks on Wall Street in New York  and The Bay in
Toronto such as Morgan Stanley, Bank of America, Credit Suisse,
Bank of
New York Mellon, Royal Bank of Canada, to name but a few,
are alread
y holding accounts in this new currency. Major airlines like
Delta, United and American accept it. Some hotels do too including
Hyatt, Best Western and Starwood without mentioning every major
credit card. It is being suggested in some quarters that this currency
is about to boom worldwide. This will likely set in motion competition between the two forms of crypto currency.

It is contended that bitcoin has disrupted the economy in many countries worldwide.

Its value is slowly eroding in spite of the fact that some companies like Dell, Amazon and Target accept it as payment for products and services. 

It is fallaciously cheaper because the fees are lower than the 2-3 per cent typically charged by credit card processors.

This is because any fees are paid by the purchaser and not the vendor, as is the case for credit cards. It is estimated that the value of Bitcoin in circulation is approximately $1.5 billion worldwide.

This currency is already rivaling the dollar for many transactions online. It derives its appeal and growing popularity from the fact that unlike bitcoin this currency is backed by real tangible assets. So what is this new currency? Of course I am talking about Reward Points. These points have an intrinsic
value just like gold, silver, platinum, palladium or diamonds. They are
now being offered by almost every bank in existence under various names.

They are however known collectively as customer loyalty programs. These
programs are marketing business efforts that reward and encourage loyal
buying behavior which is ultimately beneficial to the company.

Many points systems carry a cash value which can be exchanged for a variety of products and services. It is a profit enhancing currency that could soon change saving and retirement plans for a better future.

Wish you good health, prosperity and abundance.

Visit website to learn about the business opportunity that awaits you and the product I am using to maintain a healthy lifestyle.

Respectfully yours,

Mary Mirembe

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