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http://abneyassociates.org/2013/04/09/understanding-bitcoin/ Bitcoin is a form of Internet money that is immensely trendy and greatly appreciated means of buying and selling on line. And this is a currency that barely anybody understands. Various companies exclusively accept Bitcoins. The truth because of the recent banking instability in Cyprus it became so enormous that the worth of "all outstanding Bitcoins" just hit $1 billion. So what is this bitcoin? Bitcoin (sign: BTC) is a decentralized digital currency based on an open source, peer-to-peer internet protocol. It was introduced by a pseudonymous developer named Satoshi Nakamoto in 2009. (http://en.wikipedia.org/wiki/Bitcoin) Bitcoins can be exchanged through a computer or smartphone locally or internationally without an intermediate financial institution. In trade, one bitcoin is subdivided into 100 million smaller units called satoshis, defined by eight decimal points. (http://en.wikipedia.org/wiki/Bitcoin) Bitcoin is not managed like typical currencies: it has no central bank or central organization. Instead, it relies on an internet-based peer-to-peer network. The money supply is automated and given to servers or "bitcoin miners" that confirm bitcoin transactions as they add them to a decentralized and archived transaction log approximately every 10 minutes. (http://en.wikipedia.org/wiki/Bitcoin) Who would have thought that a virtual currency with no physical manifestation all of a sudden worth $1 billion in U.S. currency. Bitcoin is gaining traction plus attention even if it does not hold a candle to the $1.13 trillion in Federal Reserve Notes in circulation. What people like about Bitcoin is it removes the middleman from online transfers of money. We are all concern about those middlemen such as central banks, or the Federal Reserve or credit card companies. Bitcoin also permits for more anonymity than every other mode of online payment. Though it's hard to pinpoint just how unidentified Bitco

Welcome to Abney Associates Abney Associates professionals are responsive, understanding and dynamic. Our professionals are committed to provide the highest levels of services with integrity and the utmost ethical behavior. We offer a vast array of solutions that we can tailor around a clients goals.

Welcome to Abney Associates Abney Associates professionals are responsive, understanding and dynamic. Our professionals are committed to provide the highest levels of services with integrity and the utmost ethical behavior. We offer a vast array of solutions that we can tailor around a clients goals. We seek to understand a clients financial situation on a one to one basis providing an outstanding service, second to none, based on well researched quality information. Abney Associates shall do all it can to help build successful enterprises. We look to create superior returns on investment by partnering with the most promising start-ups that have the potential for high growth.

The Team We at Abney Associates know how important it is to choose the right financial service to provide comprehensive advice and help to guide you in your investment strategy. At Abney Associates, we know just how important these decisions are. We understand your ambitions and we want to help you not only reach your goal, but to surpass it and secure you and your family's financial future. It is important that you have the right team working for you to achieve your financial goal in life. We at Abney Associates have a team of dedicated professionals with over 9 years of accumulated knowledge and experience. Here at Abney Associates we are wholeheartedly committed to bringing the collective knowledge of our team to our clients. For this reason we are extremely particular in our recruitment of precisely the right minds to join our team. Our team of financial advisors understands just how important it is for them to produce the very best that they can for our clients.