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A Bitcoin Security is a tradable financial asset issued on the bitcoin blockchain using Counterparty.io. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term “security” to refer to any form of financial instrument, even though the underlying legal and regulatory regimeContinue reading “Bitcoin Securities”

A Mutual Credit Share savings account is a Mutual Credit bank account at a community bank. Common features include a limited number of withdrawals, a lack of dollar base cheque and linked debit card or credit facilities, limited transfer options, and the inability to be overdrawn. Traditionally, transactions on mutual credit savings accounts were widely recorded in a passbook, and were sometimes called passbookContinue reading “Mutual Credit Share Account”

A Community Checking Account is a transaction account, also called a checking account, chequing account, current account, demand deposit account, or voucher share draft account at community mutual credit unions, is a deposit account held at a mutual credit bank or other mutual credit financial institution. It is available to the account owner “on demand” and is available for frequent and immediate access by theContinue reading “Community Check Accounts”