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$100K Bitcoin: Sooner Than You Think!
Click here and get Teeka Tiwari’s ticker now – no strings attached. Experts projecting gains as high as 1,530% by the end of this year…
With experts projecting gains as high as 1,530% by the end of this year…
Anyone who doesn’t buy this ticker will most likely regret it later.
Even Forbes has confirmed that when all is said and done, “a new class of millionaires may emerge.”
Unfortunately, a recent study shows that only 3% of retirees have invested in this opportunity.
That means most people will miss out.
Don’t be one of them.
Since I started writing about cryptocurrencies in 2016, I told anyone who followed me on this trend to buckle up… that it’d be a wild, roller-coaster ride. And 2021 will be no different.
Since I started writing about cryptocurrencies in 2016, I told anyone who followed me on this trend to buckle up… that it’d be a wild, roller-coaster ride. And 2021 will be no different.
By Teeka Tiwari, editor, Palm Beach Daily
Since I started writing about cryptocurrencies in 2016, I told anyone who followed me on this trend to buckle up… that it’d be a wild, roller-coaster ride.
And 2021 will be no different.
It will be full of highs and lows. You will experience eye-watering rallies and heart-stopping selloffs. That’s the nature of a wild crypto bull market.
We saw that at the beginning of the year… when bitcoin rocketed to new highs on its way to $41,000 on news of major adoption from institutional investors like MassMutual.
And we’re seeing the flip side today, with bitcoin down 25% from its highs after some critical testimony from the U.S. Treasury Secretary nominee on Tuesday… and the exploitation of a glitch in the code of certain bitcoin wallets.
I’ll get to both of these issues today. But what I want you to realize is this volatility is short term.
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Millionaire’s Big Prediction From Living Room Couch
Teeka Tiwari – America’s No. 1 Investor – just made an outrageous prediction.
Recorded live from his living room couch…
He blasts Congress, reveals nasty truths about America…
And reveals one technology set to radically change our nation.
Already, 400,000-plus viewers have checked it out.
WARNING: This video may make you furious.
Right now, bitcoin is selling off because incoming Treasury head Janet Yellen made some critical comments about it during congressional testimony. Yellen said cryptocurrencies are “mainly” used for “illicit” purposes.
Her comment shows a stunning lack of understanding of cryptos. The bitcoin network sees 400,000 transactions per day. It is ludicrous to imagine the majority of those are for illegal activities.
We should only hope terrorists are stupid enough to use the bitcoin network to fund their operations. That’s because when law enforcement ties a single terrorist to even one bitcoin transaction, they can unravel the finances of the entire terror network.
Try doing that with fiat cash. You can’t. You can do it with bitcoin because it uses a public blockchain. That means every transaction is public and can be traced from one crypto wallet to another.
The whole world can see how you spend and move your money. Using bitcoin to commit crimes is just about the dumbest thing a criminal could do.
Cash is the preferred tool for criminals and terrorists. About $3.5 billion per year is funneled into terrorist organizations. Do you really think some terrorist in a cave is going to accept bitcoin over good old-fashioned American greenbacks?
Try buying an AK-47 in Afghanistan with bitcoin. Good luck with that.
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One of Crypto’s First Millionaires Is Giving Away His #1 Pick for Free
Charlie Shrem was one of the first bitcoin millionaires in history and has made a massive fortune by being an early backer of the most popular cryptocurrencies in the world.
Today, he’s revealing the next big crypto to buy … for FREE.
Again, I hope terrorists are dumb enough to use bitcoin. That way, our intelligence forces can track them down. Now, does that mean terrorists or drug dealers have never used bitcoin?
Of course not. At some point, just about all technology gets used by criminals, whether it’s bad guys using Facebook to recruit suicide bombers… or using Twitter to spread propaganda… or using encrypted iPhones to carry out attacks.
Should we shut down Facebook and Twitter? Should we confiscate everyone’s iPhones?
We don’t because these types of nefarious use cases represent a tiny fraction of the legitimate uses of these technologies.
The same is true for bitcoin.
Chainalysis, a blockchain analytics firm, estimates 1% of bitcoin transactions are used for illicit purposes. That amounts to about $10 billion. Sounds like a lot, right?
But let’s compare it to cash. According to a report from Deloitte, as much as 5% of all cash transactions involve money laundering. That’s as much as $2 trillion per year.
That means illicit transactions in bitcoin are just 0.5% of the $2 trillion. So it begs the question: Why is Janet Yellen focusing on 0.5% of the money laundering problem and ignoring the other 99.5%?
I’ll tell you why…
It’s because her banking buddies in the traditional financial system are the ones allowing all of that money laundering to take place.
Shouldn’t her focus be cleaning up the banking system rather than wasting precious resources on the rounding error of illicit activity represented by bitcoin?
The real truth of the matter is Yellen hates that bitcoin can’t be controlled. It represents a way out of a dollar-denominated system, and that scares her.
And while she may try to “jawbone” the crypto markets lower (like she’s doing now)… all it will do is provide us with another buying opportunity.
Now, political rhetoric isn’t the only thing driving bitcoin lower right now. There’s another technical issue I want to bring to your attention.
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“Penny Trade” Pays Warren Buffett as Much as an Extraordinary 4,429%?
“Penny Trades” are cheap and explosive…
Warren Buffett grabbed 46 million of them for 1¢ a pop.
Right now, he’s up as much as a rare 4,429% on this trade.
But “Penny Trades” aren’t reserved for billionaires like Buffett.
Thanks to SEC loophole 30.52, you can play them in your brokerage account.
Here’s the No. 1 “Penny Trade” for RIGHT NOW
In 2010, sharp-eyed developers spotted a flaw in the bitcoin code that allowed a bad actor to create 184 billion bitcoins.
As you can imagine, this was a serious problem. Much of bitcoin’s value comes from the immutability of its code… and the fact it will only ever create 21 million bitcoins.
This flaw in the code threatened to destroy bitcoin. But because bitcoin is an open-source protocol, developers fixed the flaw within just 90 minutes.
That’s the difference between an open system like bitcoin and a closed system like that of Solar Winds… which led to the recent hacking of just about every major government system in the United States.
All software has flaws. Bitcoin has had 40 major flaws over its lifespan. Some of them, like the bug outlined above, have been potentially devastating. But every time, the community has come together and fixed it.
Remember: The participants of the bitcoin network are incentivized to defend it fervently. That’s because a single flaw in the code affects everyone that holds bitcoin… not just one person or wallet.
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Missed buying bitcoin in 2015? It doesn’t matter…
This is your rare second chance to get in early on world-changing crypto tech – without touching a crypto exchange or “digital wallet.” This potential market is 1,400% bigger than bitcoin, Ethereum, and Ripple. It’s all part of a bigger trend you must understand before it goes mainstream – click here for the full story.
It’s bitcoin’s elegant incentive mechanisms that have allowed it to survive and thrive. Even now as I write this, a story is circulating on Cointelegraph of a potential “double-spend” bug that resulted in a small sum of $21 being “double spent.”
A “double spend” is when someone can spend the same amount of bitcoin twice. But subsequent reports have stated this didn’t actually happen… and was due to two blocks being minted almost simultaneously to validate a transaction.
This created the impression of a “double spend.” Luckily, bitcoin’s code ensures there can only be one winning block that will carry on the chain.
The bottom line is: The network will defend itself because the core developers have billions of dollars of collective wealth tied up in bitcoin.
The same way Jack Dorsey, Jeff Bezos, and Mark Zuckerberg act with lightning speed to fix glitches in their software to defend the hundreds of billions of dollars of wealth they have in their respective shares… so will the bitcoin community defend the network.
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The firm that called the EXACT PEAK of the Dot-Com boom
has just issued another major prediction.
If you’ve got money invested in the market – and especially in popular tech stocks – this is critical information for the days ahead…
With all these fears and doubts, bitcoin has still managed to grow from having zero value to recently being worth over $588 billion. That’s bigger than JPMorgan… it’s even bigger than Berkshire Hathaway. At what point will people finally stop calling it a bubble?
Have you ever seen a 10-year bubble that inflated… popped… reinflated another three times… and then go on to be worth $588 billion? I haven’t. And I’ve been in the financial markets since 1989.
If you strip away your fears and look at the real, hard facts, you can’t come to any other conclusion than that bitcoin is here to stay.
For more than 10 years, bitcoin has survived every attack against it – from anti-crypto politicians to technical problems that temporarily created 184 billion new coins.
It’s time to accept bitcoin’s reality… People of massive wealth and influence have even concluded that bitcoin is a better version of gold.
I want you to remember the lesson of the past 10 years. Bitcoin might get bashed. Bitcoin might get bruised. But bitcoin will recover.
That’s why the key to surviving these periods is to hold tight. And if appropriate for you, use these crashes to buy more.
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The Wall Street Legend Who Picked Apple in 2003 and Bitcoin in 2016 – Shares His #1 Pick
It’s not 5G, artificial intelligence, or the internet of things.
The answer will surprise you. And, for those who take early action, it could lead to an eventual $1.6 million payout.
As you know, cryptos have long been one of my favorite ways to make asymmetric bets – where you can take a small starting stake and turn it into life-changing wealth.
But they’re not the only kind of asymmetric bet I’ve personally used to grow my own wealth…
Right now, there’s a frenzy going on in one hyped-up corner of the market that’s promising to make millionaires. But most people don’t know Wall Street has once again stacked the deck in its favor, and average investors are only setting themselves up to get burned.
On Wednesday, January 27, at 8 p.m. ET, I’m holding my first big event of the year to unmask what’s really going on and what you can do to help secure your financial freedom… not in 20 years like Wall Street wants you to, but potentially this year.
Plus, I’ve prepared something special for everyone who reserves their spot today… Tune in next Wednesday to find out more details.
Teeka Tiwari belives the Decentralized Finance, or DeFi for short could be the biggest boom in crypto since the initial coin offering (ICO) craze of 2017.
Teeka Tiwari believes the Decentralized Finance, or DeFi for short could be the biggest boom in crypto since the initial coin offering (ICO) craze of 2017.
By Teeka Tiwari, editor, Palm Beach Daily
Over the last half of 2020, I spent plenty of sleepless nights poring over white papers… reading obscure journals… and reaching out to my network of insiders to get to the bottom of a new trend.
And based on what I’ve uncovered, I believe it could be the biggest boom in crypto since the initial coin offering (ICO) craze of 2017.
The name of the trend is Decentralized Finance, or DeFi for short.
I believe it’ll disrupt our entire financial system the same way the internet disrupted retail.
Over the next decade, DeFi will radically change the way you bank… borrow money and lend money… and receive loan approvals.
And if you position yourself now, I believe you can change the course of your financial life forever… without putting your current lifestyle at risk.
Decentralized Finance is disruptive because it removes the need for many of the “middlemen” that dominate our financial lives. It’s estimated traditional financial middlemen suck out 6% of the value of global GDP annually. That’s $8.5 trillion per year in fees. It’s a massive number.
Fintech firms like Robinhood and Lending Club have tried to dislodge the traditional firms. And so far, they’ve failed. The problem is cost and scale. These fintech firms just can’t scale fast enough to put a decent dent in the traditional players.
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Teeka Tiwari – America’s No. 1 Investor – just made an outrageous prediction.
Recorded live from his living room couch…
He blasts Congress, reveals nasty truths about America…
And reveals one technology set to radically change our nation.
Already, 400,000-plus viewers have checked it out.
WARNING: This video may make you furious.
Fintech firms are hamstrung by massive ongoing costs that all financial firms must bear. Rather than doing anything different from the traditional guys, they’re following right along in their footsteps.
For instance, while heralded for offering commission-free trades, Robinhood was compensated for selling its customers’ orders to other firms. It all but guaranteed Robinhood customers would get poor execution prices on their trades.
Backdoor compensation deals like this sound like the same old financial system to me. And that’s why these firms have failed to distinguish themselves meaningfully from their more established peers.
But that’s all changing… And it’s thanks to the blockchain and smart contracts.
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Missed buying bitcoin in 2015? It doesn’t matter…
This is your rare second chance to get in early on world-changing crypto tech – without touching a crypto exchange or “digital wallet.” This potential market is 1,400% bigger than bitcoin, Ethereum, and Ripple. It’s all part of a bigger trend you must understand before it goes mainstream – click here for the full story.
Smart contracts are computer programs that live on blockchains, allowing them to act autonomously without any human involvement.
This has created a new type of “company” owned by no single central authority.
I know that sounds like a recipe for chaos. In some instances, that’s exactly what’s happened. But in others, we have seen this technology give birth to projects that’ll one day rival Google, Amazon, and Facebook in size, reach, and global influence.
Here’s the great advantage of DeFi: You’ll no longer need to rely on a trusted middleman like credit card companies, banks, mortgage companies, and even traditional savings accounts, for your financial needs.
All that commerce can migrate to DeFi applications.
Here’s the key point to understanding why DeFi will be huge: When you can eliminate the need for a trusted third party… you can dramatically lower costs. When you dramatically lower costs, adoption of the technology is a “done deal.”
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Look who’s getting banned in America. Will you be next?
According to MarketWatch, ordinary Americans are being put on “restriction lists,” being banned from using certain businesses.
Why is this happening? And what does it mean for you?
Widely-followed geopolitical expert Nick Giambruno explains:
“This is just the beginning of a much larger movement I’ve been watching unfold for years in the United States.
Law-abiding Americans will soon have a critical decision to make.”
Will you be banned next?
There’s no playbook for DeFi. We’re in brand-new virgin territory. And I love that because if you want to change your life (but don’t want to risk a lot of money)… you must get into massive trends early.
Helping my readers identify, understand, and invest in these trends is why I write these newsletters. That’s why today I want to explain the lowest-risk, highest-reward way to profit from the DeFi trend.
Before I do that, let me be clear: All crypto investing involves risk, and today’s idea is no exception. However, unlike much smaller plays that have the chance to go up 100-fold or more, this more conservative play has the opportunity to go up “only” 8x.
It has less upside, but it also has far less risk. And so that’s why I call it my “lowest-risk highest-reward” crypto play for the coming DeFi boom.
The name of the project you want to own is called Ethereum.
I’ve picked Ethereum as my lowest-risk, highest-reward DeFi play because it’s the primary blockchain DeFi developers are building on.
Buffett Dumps $800M Of Apple, Buys This Instead!
Today, hundreds of thousands of software developers are flocking to Ethereum the same way developers flocked to Microsoft’s operating system in the 1980s and ’90s.
In many ways, Ethereum is the Microsoft of this era. Since going public in 1986 with a $583 million market cap, Microsoft has grown into a $1.6 trillion giant. It’s taken 35 years for Microsoft to gain that valuation.
Due to the explosive growth of DeFi, I believe we could see Ethereum hit 50% of Microsoft’s value this year.
Over the long term, I believe Ethereum has the potential to grow into the world’s most valuable software platform.
To my eyes, Ethereum is wildly undervalued. Even at over $1,000 and a $120 billion market cap… I believe Ethereum is a bargain relative to its development trajectory.
As more developers and users move to Ethereum for their DeFi needs… more value will accrue to ether (ETH), Ethereum’s native token.
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“Penny Trade” Pays Warren Buffett as Much as an Extraordinary 4,429%?
“Penny Trades” are cheap and explosive…
Warren Buffett grabbed 46 million of them for 1¢ a pop.
Right now, he’s up as much as a rare 4,429% on this trade.
But “Penny Trades” aren’t reserved for billionaires like Buffett.
Thanks to SEC loophole 30.52, you can play them in your brokerage account.
Here’s the No. 1 “Penny Trade” for RIGHT NOW
With 200,000 developers now working on Ethereum, it has a massive moat. And for much of 2020, the token was wildly undervalued.
That’s why on September 23 last year, I sent a video update to my Palm Beach Confidential subscribers urging them to buy ether while it was “crazy cheap.”
Despite a 256% gain from its March low of $90, I told them of the large-cap crypto projects, Ethereum had the best low-risk, high-reward setup.
In that video, I pounded the table and told everyone to use that opportunity to get into ether or increase their positions if it suited their risk tolerance. Today, the coin trades above $1,000 – up 205% from that recording.
Yet, it’s still undervalued.
Ethereum is disrupting the entire $20.5 trillion financial industry. If it can just capture about 2% of global finance, it would be worth between $400 billion and $800 billion. That makes it about a 4x to 8x gain from current prices.
Long term, I expect Ethereum will have a multitrillion-dollar market cap.
So, I’m raising my ETH buy-up-to price from $550 to $1,400.
Friends, DeFi is going to change the world. And Ethereum will be the platform that serves up that change.
If you already own ETH, consider adding more to your portfolio (if appropriate). If you don’t own it, buy some today… because it still has plenty of runway left.
And don’t worry about volatility. I don’t care if ETH drops 50% tomorrow, and neither should you. Forget about the short-term volatility and focus on the long-term trend.
If you can do that, I believe you’ll look back on your decision to buy ETH as one of your best investment decisions of 2021.
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Tech scholar shares new tech stock pick
Jeff Brown just found the next great tech investment – on the verge of a profit explosion.
He will tell you the name of the most important technology company in the world. And give you the ticker symbol.
Watch this explosive new video here
While I expect Ethereum and DeFi to really take off in 2021, there’s another crypto trend to keep an eye on… In fact, I believe it could even become the No. 1 investment of the decade.
If you want to set yourself up for explosive crypto gains in 2021 and beyond, check out my presentation right here.
Teeka Tiwari: I still believe bitcoin will continue to be the most valuable financial service in the world.
Teeka Tiwari: I still believe bitcoin will continue to be the most valuable financial service in the world.
By Teeka Tiwari, editor, Palm Beach Daily
If you’ve been with me since 2016, you know I’ve been fighting a long battle to educate everyone about the value of bitcoin.
Over that time, I’ve had my reputation impugned… been maligned and ridiculed… and even received hate mail for my conviction in bitcoin.
If you’re anything like me, you’ve probably been laughed at by your family or friends just for talking about the idea of bitcoin.
I know it’s been a tough time. From the heights of the 2017 crypto bull market to the depths of the 2018 crypto winter… I asked you to keep the faith and let time do the heavy lifting.
And those of you who stuck with me, I want you to congratulate yourselves… Because we’re starting to reap the rewards of that faith.
Not only was bitcoin the best-performing asset class of 2020… it also obliterated its old highs. We saw bitcoin rise 308% in 2021 – and just recently was as high as $34,600.
Here’s why I feel vindicated: Bitcoin is now the most valuable financial service in the world by market cap. This is something I’ve been predicting for years.
Today, bitcoin’s value is nearly $600 billion. That’s more than the market caps of Visa ($460 billion)… JPMorgan Chase ($380 billion)… MasterCard ($335 billion)… PayPal ($280 billion)… and Bank of America ($259 billion).
Friends, I want you to understand how far we’ve come since 2016. It’s just a sea change of sentiment.
Five years ago, people called bitcoin a “fraud,” a “scam,” or a “Ponzi scheme.” But I said if you could have faith in a future that’s different than the one the mainstream media is portraying… you’d see a day when institutional money would flood into bitcoin.
That’s because my research suggested bitcoin would become a bedrock reserve asset for institutional investors. And if you could just hold onto that vision and be patient… you’d see it come to pass. That’s exactly where we are right now.
So the question now is, where does bitcoin go from here?
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The Wall Street Legend Who Picked Apple in 2003 and Bitcoin in 2016 – Shares His #1 Pick
It’s not 5G, artificial intelligence, or the internet of things.
The answer will surprise you. And, for those who take early action, it could lead to an eventual $1.6 million payout.
Right now, we have a brand-new area of demand for bitcoin as a corporate treasury asset. It’s incredible. Corporations are sitting on trillions of dollars of capital. So even a small weighting to bitcoin can have a profound effect on the price.
For instance, ARK Invest Management put out a recent report on crypto. According to the report, non-traditional assets like real estate and emerging markets make up 5–6% of institutional investors’ portfolios.
So if pension funds and banks allocated a similar weighting to bitcoin, the report suggests bitcoin’s price could go to a half-million dollars.
Now, will that happen overnight? No. Will that happen in a straight line? No, absolutely not.
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But we’re already seeing big institutions buy bitcoin. Just last month, 169-year-old insurance giant MassMutual bought $100 million of bitcoin. So the shift is underway.
As I’ve told you all along, what’s more important than anything else is understanding an asset’s trajectory. So I invest my intellectual capital in determining what the trajectory of an asset is… not the exact timing.
I’ve made a lot of money, not by knowing the specific date when something will happen, but by placing my faith in my research that shows me that the reality will occur over time. And not over 100 years, 50 years, or even 20 years. But within a reasonable frame of time, we can all survive long enough to enjoy… just like we’re enjoying right now.
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Tech scholar shares new tech stock pick
Jeff Brown just found the next great tech investment – on the verge of a profit explosion.
He will tell you the name of the most important technology company in the world. And give you the ticker symbol.
Watch this explosive new video here
Now, I know I keep talking about bitcoin, bitcoin, bitcoin. And some of you have asked me, “Should we just sell our altcoins and buy bitcoin?” Absolutely not.
I want you to remember this: As new interest comes into crypto, the first enormous slugs of money go into bitcoin. Then it starts to filter through the ecosystem.
We’re already seeing this with Ethereum (ETH). Since bitcoin started its rally last year, ETH is up 970%.
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Generally speaking, altcoins will outperform bitcoin over time. And so, you absolutely want to maintain your altcoin ownership. Because whatever is good for bitcoin is fantastic for altcoins.
You’ve got to think of bitcoin as the gateway − it’s the reserve currency of the space. In that regard, it has similarities with the U.S. dollar. It’s the currency every other crypto asset is measured against.
As money comes in, it’s all going to go into bitcoin first, and then pieces will start flowing through the rest of the ecosystem into other coins.
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What banks are paying regular people for their money today is laughable.
The average savings account in the United States pays just 0.05%.
And some big banks pay even less!
How can anyone retire on that?
Thankfully, there exists a new account that pays up to 8.6% interest
(That’s 172 times the average savings account.)
And one man believes in this idea so much he has already invested $250,000 of his own money.
He wants to show you how you can get your savings goals back on track.
So as I look out through 2021, it’s very pro-bitcoin.
We’ve reached the tipping point among professional investment managers, where they’re running the risk of potentially getting fired if they don’t own bitcoin. And that’s a complete 180 from five years ago.
Heck, just two years ago, it was a career-ending risk to put your neck out and own bitcoin, or even talk about owning bitcoin. And that’s completely flipped now.
Look at MicroStrategy, which bought $1.125 billion of bitcoin for its corporate treasury. The stock price has more than doubled since acquiring that bitcoin.
Now I can guarantee you corporate boardrooms across the world − not just the country − are paying attention to that. Everyone is thinking about this. So this is another demand-driver we need to model into the price of bitcoin.
Even in my wildly bullish dreams, I didn’t think corporate treasurers would be prepared to put bitcoin in their corporate treasury this early.
I figured we’d probably have to see $40,000−50,000 bitcoin before they’d even consider it because the market would need to be big enough. It would be around $1 trillion then.
But here we are today… and we have major companies with billion-dollar market caps adding bitcoin to their corporate treasuries.
And that’s why I believe bitcoin will continue to be the most valuable financial service in the world.
That is why I have raised my buy-up-to price on bitcoin from $25,000 to $40,000. It’s still not too late to own some bitcoin here. With institutional money still barely in the space, we still see significant upside ahead for bitcoin.
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The firm that called the EXACT PEAK of the Dot-Com boom
has just issued another major prediction.
If you’ve got money invested in the market – and especially in popular tech stocks – this is critical information for the days ahead…
Although institutional money is only beginning to flow into bitcoin, companies like Amazon, Google, and Facebook have already placed their bets on another crypto breakthrough.
It’s a tech that’s poised to transform manufacturing, data storage, and security forever. And as crypto’s mass adoption gains momentum, I believe it’ll become the No. 1 investment of the decade… but you need to act now.
2021 will be the year the world starts to wake up to the disruptive power of decentralized finance. And that’s why I want you positioned and prepared to make a fortune off the coming DeFi boom.
2021 will be the year the world starts to wake up to the disruptive power of decentralized finance. And that’s why I want you positioned and prepared to make a fortune off the coming DeFi boom.
By Teeka Tiwari, editor, Palm Beach Daily
On September 23, 2019, a 178-year-old global brand disappeared overnight.
The government had to “rescue” 600,000 of the company’s customers. More than 22,000 employees lost their jobs. And $11 billion vaporized in the blink of an eye.
This wasn’t the collapse of a bank taking too many risks. It wasn’t even an overambitious hedge fund blowing itself up in the derivatives market.
It was a travel agency.
By all accounts, it was a conservatively run firm. After all, you have to be doing something right to survive for almost two centuries.
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Millionaire’s Big Prediction From Living Room Couch
Teeka Tiwari – America’s No. 1 Investor – just made an outrageous prediction.
Recorded live from his living room couch…
He blasts Congress, reveals nasty truths about America…
And reveals one technology set to radically change our nation.
Already, 400,000-plus viewers have checked it out.
WARNING: This video may make you furious.
But when you own 5,500 high-rent physical locations, 40,000 hotel rooms, and lease or own 34 jets… how do you compete against internet-based travel agencies that require no physical locations or physical assets like airplanes?
And so, that’s how British-based Thomas Cook − the world’s oldest travel agency − found itself bankrupt in September 2019.
The company’s collapse came so fast it left 600,000 holiday travelers stranded across the globe. European governments had to scramble to bring their citizens home. It was the largest repatriation effort in British history.
Meanwhile, Thomas Cook’s No. 1 competitor, Expedia, continued to thrive. All because it could immediately offer its customers a bevy of travel options… without ever having to leave the comfort of their own homes.
America’s #1 tech investor uncovers the breakthrough of the century…
How could brick-and-mortar Thomas Cook compete against that? It couldn’t.
That’s the same problem Blockbuster faced when Netflix launched its mail-order movie service in 1997 and later started streaming movies.
At the time, Blockbuster was the king of video rentals. But no matter how well-run Blockbuster was, it could never escape the punishing costs of keeping 9,000 physical locations open. The internet-based Netflix danced circles around it.
Again and again, we’ve seen technology lay waste to traditional business models… rendering them obsolete virtually overnight.
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“Penny Trade” Pays Warren Buffett as Much as an Extraordinary 4,429%?
“Penny Trades” are cheap and explosive…
Warren Buffett grabbed 46 million of them for 1¢ a pop.
Right now, he’s up as much as a rare 4,429% on this trade.
But “Penny Trades” aren’t reserved for billionaires like Buffett.
Thanks to SEC loophole 30.52, you can play them in your brokerage account.
Here’s the No. 1 “Penny Trade” for RIGHT NOW
The same phenomenon that killed Thomas Cook and Blockbuster is playing out right now in the world of banking and finance.
Massive financial incumbents are like the dominant dinosaurs who don’t realize they’re about to be wiped out by a planet-sized technological asteroid.
And that asteroid is called Decentralized Finance − or DeFi for short. Let me explain…
We’re going to transition from what I call the centralized middleman economy to the decentralized service economy. It’s a brand-new way of conducting commerce that will remake entire segments of traditional markets.
Nowhere is this disruption poised to hit with more shattering force than in the financial sector.
You see, finance companies are the ultimate middlemen.
They borrow money cheaply from one set of investors and lend it to another at a fat profit. They buy stock from one group of investors, then immediately sell it to another. All the while, they catch a middleman spread (the difference between the buy and sell prices).
“Penny Trade” Pays Warren Buffett as much as an extraordinary 4,429%?
It’s estimated the finance sector extracts over $9.28 trillion annually from the global economy. That’s more money than the utilities sector, communication services sector, and real estate sector combined.
All around us, we can see companies that have accrued vast wealth by using technology to put themselves in the middle of buyers and sellers.
Facebook, Google, and Amazon have used technology to become the world’s most profitable middlemen. If you want to promote digital ads to a broad audience, you have to go through Facebook or Google. And if you want to sell products online to customers worldwide, the easiest path is through Amazon.
And like Expedia and Netflix, they can execute all this without hundreds of billboard locations… physical stores… or hundreds of thousands of employees.
But so far, the wave of disruptive tech has barely made a dent in the world of traditional finance. We still use paper checks. We still have to go to a physical bank branch to open an account… or apply for a loan. And we still need an actual loan officer to read and review the application.
Imagine a world where there’s never a need for a physical bank… customer service… or staff of any kind. That’s not a wild science fiction dream anymore. It’s happening right now.
DeFi will do for finance what the internet has done for so many other businesses: replace a high-cost middleman with a low-cost one. It uses cutting-edge blockchain technology to prevent manipulation without relying on trusted third parties.
Eventually, it’ll make banking, borrowing, lending, and investing more accessible and cheaper for billions of people.
The good news is we still have a chance to get in this trend early…
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Viral Tech Genius Makes Next Big Prediction
Jeff Brown just got off the Shubert Theater stage – where he shared his #1 tech stock for 2021…
And revealed the details behind three valuable new technologies Jeff is certain 99% of the public have never heard of.
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Friends, 2021 will be the year the world starts to wake up to the disruptive power of decentralized finance. And that’s why I want you positioned and prepared to make a fortune off the coming DeFi boom.
Right now, DeFi protocols are already enabling the trading of billions of dollars in assets… all without any human intervention. These projects are springing up overnight and threaten to upend the business models of just about every traditional financial firm in the world.
In the future, it’s my belief every asset will be tokenized. That means stocks, bonds, titles of ownership, and music rights − everything of value − will have ownership rights secured by a blockchain. And you’ll be able to exchange that value with a click of a mouse − just like you do when you send an email.
How will traditional banks compete against a decentralized mortgage company that can underwrite and deliver a loan that is 90% cheaper and virtually instant… vs. having to wait weeks and pay thousands of dollars in loan fees?
They can’t. And that’s why I believe DeFi will be the technology that destroys many of today’s dominant financial giants.
Look, I understand…
Recognizing technological change is hard. So if you’re skeptical, I get it. It’s difficult to imagine a future so different from the present… especially when the current system appears to work so well.
After all, just 25 years ago, we didn’t think twice about going to the supermarket to buy groceries… physically mailing our bills to the utility company… heading to the video store to rent a movie… or sitting in the waiting room at our doctor’s office.
They were all accepted norms. So why change them?
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What banks are paying regular people for their money today is laughable.
The average savings account in the United States pays just 0.05%.
And some big banks pay even less!
How can anyone retire on that?
Thankfully, there exists a new account that pays up to 8.6% interest
(That’s 172 times the average savings account.)
And one man believes in this idea so much he has already invested $250,000 of his own money.
He wants to show you how you can get your savings goals back on track.
We didn’t view any of those things as hardships until a better way came along and showed us how much time and money we wasted on these activities.
Today, we can order our groceries from Amazon… pay our utility bills online… stream a movie on Netflix… and discuss our health with our doctors through Zoom.
We’ll look back on today’s traditional financial system the same way we look back on our past trips to Blockbuster… as a huge waste of time and money.
The growth in this sector will be phenomenal. Think of it like getting a second shot to invest in the internet giants of today… but 20 years ago. That’s the opportunity in front of you in DeFi right now.
The life-changing profits ahead will be beyond anything you’ve ever seen before. A handful of investments in a few of DeFi’s early players could transform your financial life forever.
In the meantime, a simple way to get exposure to the DeFi trend is by owning some Ethereum (ETH). Most DeFi applications are built on the Ethereum blockchain. So ETH will see its price rocket higher as this trend takes off.
