Usually solutions are proposed when problems or inconveniences are observed, So for any idea to erupt from the ground something must have sparked it.

#Encrypted #Dollar #Coin also known as #EDollarCoin or #ECD is a financial firm with main aim to revolutionize the financial industry and empower the civilians, the people who actually matter.

What must have been the problem in a perfectly seeming market with “no flaws”, “the world of fiat currency” aka the “paper money” which is also backed by the governments. If governments are backing something, it must be legit right? WRONG! For sure not all can be legit. Sometimes you get into a situation and you just try to fix the problem temporarily with whatever you have and adjust, that is what government does too, we are only human after all.

Now governments found this fiat money system to be advantageous and advanced compared to the system people were following previously, so this system was embraced. Now due to it being accepted globally, the people in control started abusing their power and that is how we end up in this society where banks control the civilians and everything the civilians do has to be somehow approved by the banks directly or indirectly. And this, is a problem, that is where Encrypted Dollar Coin steps in.

Encrypted Dollar Coin focuses on bringing a system where people can have full control over their funds, what they can trade, buy, sell, or do anything with their funds without being questioned by anyone or be charged by anyone for having them use their system.

It is basically a payment system that lets users send money to each other no matter where they are, no matter how much they are sending, no matter to whom they are sending, it is all done at no costs with no waiting time, anonymously and with extreme security.

Encrypted Dollar Coin is a firm and firms need to generate revenue, why would they be doing such an awesome service at their own costs, right?

Well, Encrypted Dollar Coin is a 3 phase project for now, as seen previously in the roadmap article,

ECD is a non profit organization until it partners up with other companies that will start trading and buying ECDs from the users in phase 2. A lot of companies have already signed deals with Encrypted Dollar Coin team and are waiting for phase 2 to be launched.

Phase 1 is when most of the exclusively invited users can start generating extra money by inviting people, and can buy ECDs at a very cheap fixed rate which is nominal.

Phase 2 is when users can start trading, and getting services and goods using their ECDs

The prices will start going up as the coins are limited in number, and the demand will increase as the technology is superior to other technologies in the market and also the widely acceptability will help in further growth.

Phase 3 is when the users can start using their ECDs to buy stocks of big companies and also invest in startups. Users will be able to exchange their stocks with ECDs at any time, making it easy for anyone to invest into companies and generate revenue.

The problem of unfair oppression of banks led to a revolution that is going to take the ship of finance to a whole new direction which will only empower the civilians of the world, #unity is what #Encrypteddollarcoin stands for.

Share this movement and help the society get better than what it could have ever been, contribution of each citizen is vital for anything to succeed.

Join edollarcoin.com

Use the referral code edc397

You deserve it.