Money was originally envisaged as a unit of exchange, a measure of value and a store of wealth, but in the modern world those original goals have been replaced as governments print money to cover their spending, they manipulate interest rates and FX rates for domestic and international trade purposes and the money that the individual has suffers as a consequence. What was once your money is no longer yours, it is an asset whose value is determined by the government of the day and the use of those funds is restricted depending on what country has issued that currency.Read More
Over the next decade the crypto-economy will exceed 10 trillion dollars. Cryptobanks and Cryptocurrencies will become a cornerstone in the relations between decentralized economy and future daily life by expanding payment infrastructure and possibilities, creating new cryptocurrency payments scenarios and lowering interest rates.Read More
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In 2016 We began running economic and financial models to create a one of a kind Cryptocurrency that would represent a move back in banking to the times of real asset backed economies. We also wanted to deliver our Cyber Citizens a direct interest in the growth of the digital economy housed within G-Bit. The G in G-Bit stands for Global, we are on the path to building a digital economy with Cyber Citizens for the benefits.
With our economic and financial models completed we began developing the operational charter of our digital version of a central bank. A central bank for the people, a place that operated outside of the political climate of the day for the long term growth of the value in our Crypto.
We started to build the Smart Contract Token, now that all the research was completed and rules in place we were also able to begin building an exchange like no other.
The founders club opened, much like the original establishment of the USA we have a group of Founding Fathers, those members have founders club tokens, only 7m of the 100m tokens are for the founding members and they have special rights as to drafting the future, once they sell or leave the environment those rights return to the general population.
We started to gain founding members and develop the exchange, a core unit of the over all plan, we have also attracted outside corporations and Crypto's who will trade on our exchange provided they are permitted to do so under the laws of their respective countries.
We are in advanced testing mode on the exchange and the environment, we have in place the core architecture we require and are now running scalability models.
With our core systems in place we will begin marketing to Crypto owners and Crypto merchants to shift to the G-Bit environment, we will release new and exciting benefits and applications. Advertising will commence.
The GBIT team gives power to you.