E-currencies are being increasingly used today because of the benefits they offer. They are secured, universally accepted, and instant, a major benefit when compared to traditional credit cards and bank wires. But the most important consideration that sets e-currencies apart from their traditional counterparts is the fact that e-currencies are cheaper.
For example, if you wish to transact using credit cards
you'll have to pay out anything between 2.2% to 4.2% transaction costs. On the other hand, if you wish to wire, it will cost you on an average of $43 to $73. E-currencies on the other hand facilitates transactions at a cost as low as 0.1% to 2% on the very high end. Just imagine why people are increasingly opting for e-currencies. If you are a bit acquainted with e-currencies then you must be aware of the fact that even the most expensive e-currency will cost you less than credit card. What are the implications? Cheaper, safer, instant transactions those were previously simply impossible to think about.
The bad thing about e-currencies of course is you have to use a credit card, or generally give up your personal information, plus you have to already have money to import into the digital economy - something many Internet Users do not currently have.
We hope to resolve the barriers around e-currencies and how to enter the digital marketplace for those without money, a product to sell, a address, or even an idea through the FREE DIGITAL UNIVERSE Game. The effects of playing the Game results in among other things a universal e-currency solvent that is integrated with a private and earnable credit based exchange platform - which supports charity, humanity, and projects that better the planetary living condition.
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