E-CURRENCIES

Since HYIP is transacted over the internet, there must be a medium where money would exchange hands. This is where e-Currencies come in. E-Currencies are a great supporter to this industry whether directly or indirectly. E-Currencies are usually backed by gold or US dollars and it is a great way to transact over the internet like cold-hard cash. E-Currencies are considered international because it is plainly backed by gold or US dollars and is hedged to all the global currencies. While gold is a precious metal and global currencies are physical matter which can be seen and touched it is easily regulated by each country that controls the gold or currency. But for e-Currencies it is not regulated and controlled because it is considered global and does not belong to any country and it cannot be seen. This is one of the top reasons why e-Currencies are the preferred choice by program owners because it is global and not regulated. Another reason why e-Currencies are used is because it benefits the recipient rather than the contributor that is to say all transactions done via e-Currencies are final.