Rimbit is just the same as Bitcoin, but with many improvements that make it a more social digital currency.
As it doesn't need to be mined like Bitcoin, everyday users can get free Rimbit via interest, which is paid to you, similar to how banks pay you interest on the money in your bank account. This interest is built directly into the wallet and has a value of 10% for the first year, followed by 5% interest every year after.
Another big advantage Rimbit has over Bitcoin is that to prove a transaction is authentic (confirmation), Rimbit empowers every open wallet to validate a transaction and in return, those wallets can generate interest per annum. This speeds up the confirmation times and makes it possible to be implemented into ATM machines, retail stores and other places of business, online and offline.
Stability in Rimbit is an essential key for merchants and we have set the value of Rimbit to increase by $0.01 USD every day, until it hits $3.00 USD, by which time it then takes on the value of a commodity and will continue to increase in value as more people switch from Bitcoin to Rimbit and use it for everyday purchases, online and offline.
Obtaining Rimbit is also easier as it is available for purchase at the days rate from many suppliers who where themselves early adopters of Rimbit and have decided to open up their Rimbit for sale, either on their own website or through our user exchange at www.rimbitonline.com
As technology progresses, Rimbit will continue getting stronger as adoption of the Crypto Currency increases, both for users and also with merchants who see better profits from a less fluctuating digital currency.
When Microsoft was just a small company, some of us just thought it was a passing technology as computers weren't exactly mainstream, but those who had vision, did look ahead to what was possible and have also gone to become very successful in their lives. The same can be said when people thought that Facebook was just another gimmick chat site and now it is worth Billions and those that got in early and who are now also reaping the rewards.
But you may say that Bitcoin is already here!
Just like Microsoft that was built from Basic and Facebook, that had derived some of its concept from MySpace, so will Rimbit become the successor to Bitcoin, simply because it has been refined, been made to work with the everyday user, has the ability to operate similar to a bank ang give you interest and at the core of Rimbit, is a platform that is less volatile, making it quicker and more easily used by shop owners on the Internet and in your local shop.
It wont happen overnight, but a few years down the line, it will matter and for those that do take Rimbit on board now, the future will hold many new opportunities and more importantly, give you more life options that can be passed from generation to generation.
Rimbit was built to act like a personal bank for users and with it came the opportunity to have it generate Interest on your Rimbit Savings, simply by having some RBT in your account. The more RBT you hold, the more Interest you accumulate and that Interest is also subject to more Interest over time.
The biggest improvement that Rimbit has made is that it never needs to have expensive, number crunching hardware involved in the process, which means that it is not subject to price manipulation or even the increase in electricity bills. It has done away with that process altogether, making it the first true Crypto Currency that acts like a bank.
With Rimbit being so new, it will take some time to get adopted, but as more and more people value its simplistic approach and its impact on the financial sectors of the community, then it is then poised to evolve itself into greater adoption within the retail, software and financial markets, that secures it into everyday usage. Early adopters will benefit greatly, but so will late arrivals to Rimbit as it will not only save on purchases, but also redeem itself in many other ways.