We are building a new Bank. It will never have any costly brick & mortar locations, and very few employees. These employees will focus on building a return and paying out dividends. While we may work to automate some of the systems there is need for human intervention, and building, maintaining the servers. We are open to name suggestions, currently 'JCSC-Bank' is being used.

Interest Rates
Account Type 30 month COD 60 month COD
DEPOSIT Amount 7.3% APR 14.2% APR
 

How does this bank work ?

    Utilizing a Trezor, a hardware wallet, we will store & maintain deposits.  The currency JCSC-Bank will deal in is BitCoin (BTC) and Monero (XRM) only.  You may deposit in dollars, on an exchange and deposit to our address.  These deposits will be seen as C.O.D.'s ( Certificate of Deposit ) which can pay diviends and build value which will be returned to the origonal depositor 30 or 60 months after.  You may decide to re-deposit your money on your own, we are not providing any features to roll accounts over, as the goals are payouts, return, and having a solid exit strategy.

How we generate our return?

We are mining!  We have been promoting BTC since 2009.  We are building a customer base, but there are costs to grow, and as we grow there are returns.  There are marketplaces to lend with a guareneteed intrest & there are numerouse small business out there that are working on growing as well, and willing to pay a small premium for access to the funds needed to aquire those additions customers.  Also we plan to launch some software in the 3rd quarter 2018, to help with micro lending and will be another foundation of our bank, enabling these transactions.

Were are NOT FDIC Insured!!!

And we don't ever want to be!  Yes that is a great concept for some banks, but our bank is a blockchain of data nodes, which in my eyes is even better, as it is non-local.  FDIC means if you a are in USA, now go to Canada, or Honduras, and go to the bank and say I want to withdraw from my account, they and you are in a differnt country and do not have access to your account, and if you opened an account in those places they would not be FDIC either, "WE ARE NOT FOIRGEN BANKING EXPERTS " but in theroy all currency is similar and provides the same utility.  We are looking to provide Investment Banking as a service utilizing blockchain technologies.  Our bank is in demand by our customers as our ability to pay extravogant intrest rates on deposits, and providing the community with access to our services.

Our Bank started in 2012 from a few intial depositors & investors we are starting a more rigid marketing campain as we get closer to our software release.  Working in stealth mode we are building a few products for the community many based on blockchain technologies others on things like additive manufacturing, lasers, 3D printing, low power computing and ARM proccessors.  

We want you to invest so we can provide you a quality return and help you provide a better future for the future you, who wants to have it.  We can provide it, but unless you invest one we don't know who you are or how to pay you, but when you invest, we know those things and can provide you access to our reports and documentation which will enable you to see your deposits and they payout dates.  Reoccurring deposits are allowed for rolling payments, if you wanted to schedule multiple payments.

 

Why Monero?

Because, for the same reason I started yelling at the world aout BTC.  With out spending another 50k on computing hardware to keep mining BTC, I can no longer mine BTC with positive results because of the difficulty.  But XRM is a different solution that enables us miners to utilize hardware and be rewarded for facilitating the transactions.  There could be a possibility of XMR competing with BTC in a hard way, and the reasons are clear and staring you in the face.  I am only going to point to the fact, it is there people are using it.  We are promoting Monero because we are building mining operations upon it, and are waiting on our ability to get a couple Antminers and get back to mining BTC but for now our hardware can not do that kind of math, so instead we mine XRM.  This gives us daily rewards for recycling and showing up to play with technology every day.  We want to help share returns and build wealth for those that want it, but please note, it won't be overnight, it takes time to build mountains, but once they are built they stick around for a while and provide endless entertainment and joy.  So if you want some of these dividends open an account and let us get to work building your moutian of wealth.

BTC will utilized as our ledger of record.some

this will enable us to be transparent and provide clear cut documentation with out customers, suppliers, vendors, and other end users of our services.  We assume if our bank gets wildly successful there could be people who want to investigate, and see reports.  We can not schedule deposits, as much as we wish we could that is based on customer demand & our sales team.  We are mining XMR and accepting deposits or payments with it, that we will keep on the ledgar, but this will be done with software to maximize utility of each technology.  We feel XMR is a solid choice for investment, but the technology is differnt, more private & anonymous than BTC.  BTC we can link transactions and store data in the ledger all sorts of magic can be done, and that is why our bank started in the firts place, but as we grow, and the technologies grow there are competitors and other actors in the market.  While some have the desire to try every crptyo, we have strong feelings and will voice them.  BTC and XMR will be the only currencies in use for our bank i should include STEEM, but we plan to put any we get back into that market, and don't see value besides marketing for our Bank.  So if you got a lot of STEEM, and you want an account, I would say right now convert it to XMR and then deposit it, or find me on steemit!  The reason we can not accept every currency is due to regulations and moving currency.  We do not want to get in the business of exchanging or any additional software requirements for operation.  By providing transparency as our priority this will enable our customers to have access to the same tools & information we have to help them manage their accounts.  You are Banking with us helping us grow & we are Banking in You helping you grow!