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many people take for granted that there is only one type of money used in the United States, bank notes, what are ways to earn money online precious metals, scrip, but this wasn't always the case.
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Mastercoin can also be used to create your own digital currency with your own rules, using the Bitcoin economy as a foundation. When founder J.R. Willett created Mastercoin, he invited the public to send a Bitcoin to a mysterious exodus address and receive conversion to a new currency at a rate of 100 to one. About 500 people did so, and received all the Mastercoin currency that will ever be created. Mastercoin has a market cap of 85.5 million and there are 563,162 in circulation.
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