INVASION: Wall Street Money Diving Into Crypto!
I knew this day was coming, when I first heard Jamie Dimon, CEO of JP Morgan, call Bitcoin a fraud.
Old Jamie is the master of deception, and following a long tradition of outright liars coming out of both Wall Street and the government, it doesn’t surprise me that he says one thing, while at the same time doing the exact opposite.
You see, Mr. Dimon is a dinosaur, part of the old world, where capitalism was the only priority in mind. His shareholders expect him to do whatever it takes, including lying, cheating, and whatever else he can come up with and lobby regulators to approve, with one thought at heart – increase the bottom line profit.
This isn’t a new world outlook at all, though. It belongs to the age of feudalism, not to the future. During the industrial revolution in Europe, business magnates and governments colluded together for the benefit of their tightly held monopoly over society, while the masses had no rights.
We’ve come a long way since then, and the road ahead is open for each and every one of us to better our lot even further.
You see, unlike any other financial revolution in history, the blockchain revolution has started from the ground up, instead of from the top down.
Usually, the rich and the powerful are behind monetary reform, but now we’re 10 years into a grass-roots revolution, which began with a still unknown person/group named Satoshi Nakamoto and dates its real roots to the digital cash ideas of the 1990’s.
We do not know how history will remember him, but the wealth Satoshi unleashed by introducing the western world to Bitcoin and to blockchain technology is a monumental event.
At no other time in history has commerce had such a great potential to become decentralized and fair to all.
You see, when any organization, be it government or a bank, has the license to originate new currency or credit (and even force citizens to accept and use it), you’re already a slave to a system.
Now, we have a new method, whereby each of us can choose how to transact and empower a certain network over another, creating the incentive for each network or community to better their product, unceasingly.
Currency is now a competitive market occupied by many players from across the globe!
But, Pure Blockchain Wealth isn’t only excited because of the positive impact of competition entering the currency industry; the underlying technology is of utmost importance.
Blockchain is a miracle, and companies are finding creative ways to monetize it.
I want to make sure that we stand to gain a windfall of profits, because we’re so early and ahead of traditional investors. The fact of the matter is that Wall Street is now ready and willing to enter this space, and they’re telling their investor clients, collectively worth $30T, that cryptocurrencies are important to their portfolios, mainly because this asset class is fairly uncorrelated with all other financial assets.
This is precisely why I see big, institutional money entering this economy – it goes up and down, irrespective of stocks and bonds, which is the true essence of intelligent diversification.
You and I are at the forefront of a new chapter in history, and we must capitalize on it, as these are the precious early days of it!