Tag Archive | money

Two Untimely Deaths – Bitcoin

btc-news-bot:

One was 27 and the other was 28. Stroke and suicide. Hmmmm – BrotherJohnF

Autumn Radtke As of now, the cause of death has not yet been completely confirmed by police, though some sources claim that the death was a suicide. First Meta Exchange first caught the attention of the Crypto community […]

Read more:http://ift.tt/1eJrvGF
Via The Bitcoin Channel March 03, 2014 at 05:50AM

Money pools: a centuries-old savings tool reinvented

newstfionline:

By PopTech, February 21, 2014

When he was growing up in San Diego, Francisco Cervera’s family sometimes struggled like so many American families do today. Money was tight. Unpredictable, sometimes-volatile expenses made saving money virtually impossible. “We were pretty close to being poor, if if not poor,” Cervera remembered.

Since his mother worked, after school Cervera would walk to his aunt’s house. He recalls people coming and going at her house on some of those afternoons, often dropping off money.

These were not untoward transactions going on.

Cervera’s aunt was a coordinator in what is sometimes called a money pool. “She was in charge of calling people and making sure they stop by and drop off the money,” he said. “That is the way it is still done.”

An old-fashioned alternative to banking!

I had to dig for the source, but you can find it online here.

Money pools: a centuries-old savings tool reinvented

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