Meet the New Money

There are somewhere near 700 cryptocurrencies now. The sector, industry, technology, or whatever you want to call it, has attracted the attention of banks, merchants, credit card or other money transfer companies, and is beginning to attract professional traders, speculators, and purveyors of investment advice.
Two from this last category, Teeka Tiwari and Doug Casey, got together the other day to launch a new cryptocurrency speculating service. These guys are heavy hitters, and they were completely convincing as to the disruptive nature of this technology. We are just beginning to see the first edddies and ripples of what will be a totally massive sea change.
Crypto is a $20-25 billion industry now and the next 12 months will continue to boom.
Casey said that the dollar is in trouble, and cash is under attack, this is driving increasing numbers to seek alternatives.  Tiwari mentioned numerous things that have happened in the world financial system recently that are driving investors away from the fiat-based financial system and therefore toward crypto. The only one I wrote down was that as part of the worldwide war on cash the 500 euro note is being phased out over this year and next. The U.S. 100 dollar bill may be next.  He said that in 2017 continued troubles will further the anti-fiat trend. Casey believes the Euro will completely cease to exist. The cryptocurrencies allow folks to diversify by putting a small amount of their assets into something that is a rapidly growing technology in its own right but should also remain standing strong if the fiat system actually does go careening through its looming crisis.
Even without a crisis, the world has arrived at a threshhold. It is one at which we can see that the new technology has been proven and has many advantages over the existing system; but at the same time hardly anyone knows about or is using it. Casey said that he used to think that cryptocurrency had no intrinsic value, but he now realizes that it DOES. He says it has inherent utility: amont other things, it provides for a secure store of value, and it efficiently and transparently facilitates transfer of wealth between accounts. It provides these utilities with significantly greater efficiency than existing banking systems, and it will replace them.
In fact the banking industry and other big players have taken it up and are investing heavily in the build-out of cryptocurrency tools to upgrade and replace their systems. They will probably not use the “cryptocurrency” label but will opt for more marketable terms like e-currency and fintech. Who cares what they call it? Cryptocurrency is a term that needs to be retired anyway. At any rate, with all of this going on, Casey and Tiwari both believe a speculative bubble is forming in this new asset class.
Presently crypto or e-currency market caps are presently in the millions, not billions, and there is plenty of room to grow. And by using the “speculative bubble” handle Casey and Tiwari don’t mean that it won’t last. They agree with the banks that e-currency is a disruptive technology that will penetrate finance and replace much of what is now used – like the DVD replaced the videotape, and streaming video as taken a huge bite out of the DVD market. E-currency will radically change the way the world does business.

E-currencies presently represent about 0.007% of the world currency market. If this just went to 1%, that would be over a 100 fold increase. At that rate every $1,000 becomes $100,000. But it should gain considerably more than 1% market share. So what are we looking at? There will come a time when all debit/credit card or cellphone enacted point of purchase sales will be based on this technology. All international trade will will be settled based on this technology. Is that 1% of the world’s currency transactions yet? Nope. We’re way beyond that. So what are we looking at? A 1,000 fold increase? Ten percent market share would get us that. It’s bigger than that.

As an asset class, does the stock market have this kind of potential? Certainly not – nowhere near it. Bonds? Bonds have already ballooned massively and and are a bubble in and of themselves just begging for a pin. In fact it is this massive increase in fiat that is supercharging the potential in cryptocurrencies right now.
If you compare cryptocurrency to stocks or bonds as asset classes, crypto gives you incomparably better odds because as an overall class it is growing exponentially. Why would I try to pick the best among the stocks and hope for 10% – 20% annual returns if I’m really good, when I can try to pick the best of the cryptocurrencies where the potential is so much more? Certainly crypto will be volatile, but as Tiwari repeated several times, the risk reward ratio is dramatically tipped in favor of holding it. One thing he suggested doing is to simply buy equal portions of the five largest cryptocurrencies (besides bitcoin), and just hold on. He was not bearish on bitcoin by any means, but the next five runners-up have more potential in his opinion.
Of course if you really want to shoot for big gains, you could buy the financial advisory service they were touting (if it hasn’t filled up). It is led by Teeka. In the presentation I heard he described his system, and it does sound truly excellent.
He has devised what he calls his BITS System:
B– Business value ratio. He basically means to compare the price to a 30 day average and to buy fear, i.e. buy low, and sell into greed.
I– Insiders. Teeka knows them. He is traveling all over the world to meet with them face to face. He won’t recommend a currency unless it solves a problem. He needs to know that developers see its value and will be building applications for it.
T– Technical Charts. He is using the RSI. If the RSI has crossed 50 (the straight line) from below, then it has the momentum he requires to recommend it.
S– Social Media Sentiment. Chatter on social media leads a jump in cryptocurrencies. When sentiment breaks out like this on a currency, Teeka considers that a green light.
Teeka requires all of these signals to be green before he recommends buying a currency. If you are interested, you can attend his free webinar at 8 p.m., eastern, on Thursday, April 27. Or google Palm Beach Confidential, the name of his service.
But at $1,250 a year his service is too rich for my blood. I plan to buy several of the major e-currencies. Etherium will be one. Teeka said that it solves a problem that Bitcoin has. Instead of taking as much as 10 minutes for a transaction to complete, Etherium transacts in seconds. I’m sure other e-currencies do this, too, but 11 banks have tested it, and tech giants in silicon valley are setting up partnerships with it. On the other hand, if you Google it, you will get 1/40 the hits you will on bitcoin. So it’s got the juice, but it has room to grow.
He also liked one that sounded something like Steemit, or Steem, and Monero, and one he didn’t name that is smaller than Etherium and that DHS is backing. It was trading around $3.50 on 4/23/17. It specializes in cybersecurity.
He said that IBM is going all in on blockchain but that if you are interested in fintech companies, he favors three others. They are not stocks. They are traded on the digital exchanges.
Anyway, as I said, I will be buying some of the currently leading e-currencies. But I have also thrown in with the iPro Network. It has a brand new currency that is just getting listed on the exchanges (as PROC, for Pro Currency).
PROC offers a unique solution that I think is going to make it popular. It offers a free app for shopping online (using regular fiat currency) at the major online retailers, and the shopper gets a cash-back reward. It’s like cash-back credit cards, but the reward is in the form of PROC. That and it is promoted through a network marketing model. This means a growing army of people will be using and telling more people about its benefits.
PROC was not mentioned by Teeka, but I await the moment when it shows up on his radar via the social media buzz that is going to evolve surrounding it. At some point I have a reasonable hope that it will meet all his 5 criteria. But whether it does or not, the risk/reward ratio for owning PROC is in my opinion ridiculously good.
Take a look at PROC:
Or talk to me:

Posted in banking system, blockchain, bond market crisis, bond market crisis looms, credit bubbles, cryptocurrency, ecurrency, fiat banking, fiat money system, financial collapse, financial crash, financial system, Financial World, Investing, market crash, market meltown, money, money system, New Technologies, small business, stock market, stocks and bonds, trading and speculation, world finance | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

And… It’s Free!

I’ve been pounding the table about cryptocurrency and the blockchain. Industry has tested and accepted it and will use it, but less than 6% of people know anything about it. So an app needs to come along that will change that. Well …

And it’s FREE!

See Also:

Gateway to Cryptocurrency

Creating your future Now!

Big Hitters recommend Crypto

Talk to me!

Posted in cryptocurrency, ecurrency, Internet, Inventions, Investing, online commerce, Opportunity, small business, trading and speculation | Tagged , , , , , , , | Leave a comment

Syria – Why Investigate?

Syrian gas attack? Why investigate!? My God, women and children were killed! Didn’t you see the pictures!!?? Investigation be damned, just steal their money …  now!

“Two weeks after launching missile strikes on Syria, the U.S. Treasury announced it has sanctioned 271 employees of Syria’s Scientific Studies and Research Center in response to the alleged sarin attack conducted by the Assad regime on Kahn Sheikhoun. It’s one of the largest sanction actions in U.S. history US Sanctions 271 Syrians, Freezes Their US Assets April 24, 2017.”

See Also:

Chemical Weapons Expert on Syrian Gas Attacks

Regime-change Posers

Greater Israel, Gooey in the Middle

Will the Saudi’s Invade Syria? (Feb, 2016)

Christ Returns to Mt. Seir

Posted in clandestine programs, coverups, democracy, foreign policy, Geopolitics, isis, Middle East, Middle East, national sovereignty, oppression, Politics, syria, war | Tagged , , , , , , , | Leave a comment

Hate Speech

Hate speech isn’t protected by the first amendment.

And by the way, I stand with the authorities in all my opinions so if you disagree with me I’m turning you in … because hate speech has no clear definition and so it is whatever we say it is.

Posted in civil rights, constitution, democracy, ethics | Tagged , , , , , | Leave a comment

Christ returns to Mt. Seir

Walid Shoebat writes in the quotes below about a conjunction of planets occurring on June 30, 2015 which is thought by some students of prophecy to be the same thing as the “Star of Bethlehem” that went before the Wise Men at the time of the birth of Christ. The re-occurrence of this conjunction is thought to be a portend of Christ’s second coming and Shoebat makes some interesting comparisons between the events surrounding Christ’s birth and the prophetical events recorded in the bible involved in Christ’s return.

He identifies the Edomites as the enemies of Christ both during his first advent and in the prophetic events to come. Describing the first advent of the Star and of the person of Christ, he points out that in Matthew, chapter 2, “Christ was a threat to the Edomite king and the Anti-Messiah of his day, Herod,” who as king of Israel had all the babies in Bethlehem slaughtered in an attempt to prevent the advent of a potential usurper: king Jesus.

He compares that to the soon-coming return of Christ, saying the Star in 2015 is a portend that, “soon, the children born of Idumea (Edom) will seek to destroy the children born of spiritual Israel.” He goes on the say that Numbers 24:15-19 says that Christ vanquishes this threat when he takes possession of Idumea. This describes some of the geopolitical events associated with the approach of Christ’s return.

The conflict is also described, he says, by Rev 12, in which, “a great red dragon” from the heavens stands before a woman in labor “to devour her child as soon as it was born.” But the child is, “caught up unto God, and to his throne,” for this is the birthing of a king destined “to rule all nations with a rod of iron (Rev. 12:1-5).”

So we again see a conflict between two kings. This time the king of the fallen angels, Lucifer, attempts to prevent the advent of a potential usurper, the manchild born of the woman who appears to be the bride of Christ. Like the babe born to Mary 2,000 years ago, this child is also destined to rule.

Revelation 12 continues that the dragon, which it directly identifies as the Devil, and Satan, is cast down to the earth and there proceeds to lead its minions in persecuting the woman who brought forth the babe.

And the dragon was wroth with the woman, and went to make war with the remnant of her seed, which keep the commandments of God, and have the testimony of Jesus Christ. Rev 12:12 (Tomorrow You Will See The Star Of Bethlehem, A Sign That Christ’s Second Coming Is Around The Corner by on June 29, 2015)

Shoebat brings this together in the following way; and it is these things that I really want to get to:

It is time therefore to (brace) ourselves for the wave of persecution against the Church first, then just as after Mary’s birth pangs came, the Messiah was delivered, and so it will be, that after the coming birth pangs, the Star will come and defeat Idumea and Messiah shall “possess Idumea” as foretold in Numbers 24. (Tomorrow You Will See The Star Of Bethlehem, A Sign That Christ’s Second Coming Is Around The Corner by on June 29, 2015)

He further unpacks Numbers 24 for us.

Mount Seir and the land of Seir (or Idumea) are real places and not some pie in the sky allegory. These (are) references to the land where Esau and his descendants, the Edomites, made their home. This would embrace a great part of Saudi Arabia, the birthplace of not just Islam, but the Antichrist it produced: Muhammad, the world’s leading heresiarch. (Tomorrow You Will See The Star Of Bethlehem, A Sign That Christ’s Second Coming Is Around The Corner by onJune 29, 2015)

More to come.

See Also:

Google and the Dragon of Revelation 2017

Bismillah, the Mark of the Koran, and the Chi Xi Stigma of Revelation

The Medieval Roots of Jihad

Gog, King of the North

The Two Witnesses of Revelation

 

Posted in antichrist, Bible Study, Christianity, end-times, Geopolitics, islam, jihad, Middle East, prophecy, Spiritual Warfare | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Google and the Dragon of Revelation 2017

An astronomical alignment will occur September 23, 2017. And what about Google? Well, as you might expect, Google is suppressing discovery.

See Revelation 12:1-17

Scott Clark gives a little more on this:

Unfortunately he is wrong to hint that the rapture will occur at this time. It won’t. If this is the sign of the Woman clothed with the sun, then it will apparently take some time for the events that it portends to unfold on earth.

And as a side note, I expect that if this is that sign then the red dragon will become visible to the naked eye this fall.

I should read the book, Planet X 2017 Arrival, by David Meade.

Posted in alien agenda, astronomy, Bible Study, Christianity, end-times, eschatology, prophecy, Spiritual Warfare | Tagged , , , , , , , , , , , , , , | Leave a comment

Chemical Weapons Expert on Syrian Gas Attacks

Top Missile and Chemical Weapons Expert Debunks Trump’s Claims About Syrian Chemical Weapons

Source

See Also:

Ha! They were all Working for the Russians

Regime Change Posers

 

Posted in clandestine programs, Conspiracy, coverups, foreign policy, Geopolitics, government corruption, jihad, Middle East, syria, u.s. foreign policy, war, World War III, WW3, wwiii | Tagged , , , , , , , | Leave a comment