Welcome to 1913 USD Forever.
In this post you will learn what 1913 USD is, why its important, how it can benefit you, and how to buy it.
Current buyback value June 2015: $24.02 per 1913 Digital Dollar
What I am doing here is offering a service to:
1. Change dollars into "non-official currency" digital coins (important when you need guaranteed no chargeback situations)
2. Help to protect you against inflation using crowdsourcing.
3. Guarantee that the buyback value you see when you buy your coins, you will get that or more back when you cash out (subject to inflation situation, as long as the US money supply inflates this will be true). The more the money inflates and the more people buy 1913's, the more you will be worth.
How can that be possible? How does it work?
Well its simple. Say you pay $24.02 (current price in june 2015) for one 1913 digital dollar coin. Then 2 years later you come to the site and find that the official united states dollar inflated so it costs 25.02 to buy a 1913 coin. Now, if no one else bought coins after you then you would only get back 24.02 when you request it. But if others were paying more for their coins then your coin gained value. Lets say you bought your coin for 24.02. Then 9 people after you bought a coin for 25.02. Then that would mean your coin is worth (24.02+9*25.02)/10=24.92. So since people bought coins at a more inflated price, your coins value rose with the inflation. It is a great way to protect against inflation in that regard. However those 9 people who bought coins after you would have seen "buy-back" quotes less than what they paid, but they would have seen this before they purchased it. For example lets say an 11th person goes to buy a coin. The cost to him is 25.02, but the buy-back value is only 24.92. That means that he is guaranteed to get AT LEAST 24.92 back (as long as US inflation persists), and if more people buy after him, he will get even more back and probably will exceed his original purchase price.
How is this different than bitcoins?
Bitcoins are risky, this is not. Bitcoin accomplishes the first goal of getting money into tradeable non-official currency that can't be charged back however it is backed by nothing and can be worthless tomarrow. Your 1913's you could trade back tomarrow or next year you will get the buy-back value you originally saw guaranteed (as long as the Fed keeps printing money ;). The value will never go down, it is impossible, as long as inflation keeps up in america. Also bitcoin does nothing about inflation while this helps protect your money against inflation.
Will anyone accept 1913's?
They should. When you authorize a transfer to a merchant or individual (just email me a gmail address you want me to transfer your money to) they can ask me for the money and I will send it to them via google wallet to their google wallet account. Since you paid them in non-official currency they would have no fees from their credit processor which will give them roughly 5% more on their sale. Also they will have 0% chance risk of a chargeback. As long as they trust the 1913USD service will pay them, then you are golden. It is a great deal for everyone.
What are the fees?
As you can expect it takes time and money to manage everyones account. Therefore there will be a small flat fee of $0.50 for each transaction. That means if you want to buy coins, transfer coins to someone else, or destroy coins to get your money back there will be a $0.50 fee each time. Once things become more automated these fees can reduce. Deal in large amounts to make the fee negligible.
Is my money safe?
It is as safe as Google Wallet. That is where your money will be stored and payed out from. So you will need a gmail account to request your money out. The account it will be in is 1913USD@gmail.com. You can request a picture to verify the money is all still there whenever you want. Google wallet I feel is more secure than a bank because they are required to hold 100% of their money on reserve, unlike a bank which only keeps 10% of its customers money.
How do I buy it?
Add what you want to your cart above and click checkout. You don't need to enter all the info all I need is your email address to contact you. I will send you an email with the buisness address to send a cashiers check or money order to. Anyone who has acted as an online merchant knows the issue of chargebacks. If someone were to buy 1913's from me then charge it back, not only would they get their money back which is fine, but I would also be hit with a $25 chargeback fee. This service just couldn't run subjected to that uncertainty. So to buy 1913's it has to be physical. A bank transfer, cashiers check, money order, or cash in an envelope all work (if cash round to the nearest dollar and be discreet). I will verify when I get it and let you know your current account balance. Just remember to add an extra $0.50 so you don't end up with 0.99 coins instead of a full one ;).
How do I cash it out?
Just send me an email at 1913USD@gmail.com how much you want out and the gmail account you want to recieve it into and I will send it out asap.
If you have any other questions or want to leave feedback or a comment leave it below! Thanks and happy trading.
