2019年1月3日星期四

Why Bitcoin is the gold of tech...

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Strategic Tech Investor

Dear Reader,

Like I said yesterday, we're shifting our focus today to cryptocurrencies.

I'm lucky to know Gavin Wood, who wrote the initial code behind Ethereum (ETH).

To me, he's one of the true heroes of cryptocurrencies.

Ethereum is a digital currency (and much, much more) that could hand savvy traders a 500%-plus windfall in the next three years.

And Wood agrees with me.

"These things, if they grow at all, they tend to grow exponentially - we're seeing that kind of growth with Ethereum," he told me during one of our conversations. "Where will it stop? Who is to say? An extra 100-times growth on what we've seen so far, I wouldn't say is out of the question."

But it's critical to look at Ether not just as a digital currency...

Ethereum's co-creator Vitalik Buterin, a young Russian who used to trade Bitcoin (BTC) and founded Bitcoin Magazine in 2011, envisioned Ethereum as something that could be a massive distributed computing system. It already is... and will be more so with time.

That's why Buterin and Wood, along with a small group of additional Ethereum pioneers, set out to make it able to do all the things Bitcoin's limited platform can't.

"When I read the original white paper of Vitalik's, that interested me greatly because I instantly saw that, while Bitcoin is a currency, this is something else," Wood told me.

Unlike Bitcoin, Ethereum is what experts call "Turing complete," meaning it ranks as a global, programmable network. The platform allows developers to buy units known as Ethers for the right to build programs/run their code on the Ethereum blockchain network.

"It allows you to write software that can be guaranteed to execute," Wood says. "It will execute properly, even though, or perhaps because, there isn't a single-entity authority, organization, business interest, corporation, or government behind it. And because it's required to be executed in an extremely faithful manner honoring the code, you end up with this fairly absolute guarantee that certain processes will be followed."

For example, Ethereum's blockchain is being used increasingly to implement smart contracts. These are contracts that "execute" themselves once their terms or conditions have been fulfilled. That's just the tip of the iceberg as far as potential Ethereum-based disruptions go.

"There are many more complex processes for businesses to automate," Wood emphasizes. "I think it's the side of things that businesses have to start to pick up as thinking, 'Maybe this is a real value proposition.'"

Wood tells me he believes Ethereum's future is limitless - and so do I.

"If we look at the technicals and we look at what we've seen so far," Wood says, "then there's no reason to believe that Ethereum won't overtake Bitcoin in the not-too-distant future."

But for now, Bitcoin remains the "Big Daddy" of e-currencies - so let's take a closer look at it...

The Gold of Tech

You see, while I recommend keeping a wide portfolio of ground-floor trends in your investment portfolio, you need an anchor.

And I think of Bitcoin as a form of "portfolio insurance"... and that's why I call it the "Gold of Tech."

This e-currency has so much further to go as mainstream traders and banks start using Bitcoin and the blockchain.

So I see gains - lots of gains - ahead for Bitcoin investors.

And that's why I've put together this report - The "Gold of Tech" Could Become Your Best Portfolio Insurance.

To get it, just click here.

We also have a special summit where you can learn about additional profit opportunities within the ever-changing world of crypto.

We fully anticipate this could create a cryptocurrency-buying frenzy unlike anything we've seen before - even bigger than the massive run-up to $20,000 a coin in December 2017.

If you go here, we'll share all the shocking reasons why we believe huge retail players, Wall Street giants, and Fortune 500 companies are considering going "all in" - even as prices are dipping way down...

And reveal some details on three new "penny cryptocurrencies" that could turn your loose change into a life-changing $87,400... $143,000... even $289,250.

Just click here for more information.

Cheers and good investing,

http://moneymappress.com/images2/MichaelRobinsonsig.gif
Michael A. Robinson

P.S. Tomorrow, let's shift our focus to Silicon Valley-style technology investing. We all know that artificial intelligence and robotics could virtually wipe out millions of jobs in the coming years. I call it "The Jobless Future." But there's a way to fight back - and profit - and I've put together a report to show you how. Watch for it.


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