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August 17, 2022

Financials Matter

"It's Not Just About Finance"

Remember When Bitcoin Was Near $20,000?

Does anyone besides me remember MSNBC’s court jester, Jim Cramer saying, “Bitcoin may hit $1,000,000?”

That was actually a quote from 06/10/2017…and yes, he did say it.  Keep in mind this is the same Cramer who said “Sears is the next Berkshire Hathaway.”

What happened to all those Bitcoin overnight-millionaires selling DVD’s on how to make a fortune in cryptocurrencies?

Without question there were many folks who made millions on the mad dash of Bitcoin going from $900 to just under $20,000 throughout 2017. 

At the same time there are waaayyy more people who’ve lost up to 90% of their money in Bitcoin during 2018.

What most people don’t realize was that Bitcoin was the perfect cover for the Chinese to launder countless billions of dollars out of the country.

Yes, that’s right.  The Chinese who were (and still are) the largest miners of cryptocurrencies used the skyrocketing price of Bitcoin as a means of cleaning-up money from dubious sources.

It was all going well until the Chinese government ordered most miners of cryptos to cease and desist.

And, like we wrote about last year (HERE), it was only a matter of time before the big banks and governments around the world decided to get in on the game.

We also said that the majority of Cryptocurrencies would fall by the wayside but the “Blockchain Technology” was a game changer.

From the banksters point of view, blockchain was a problem.  It brilliantly circumvented the system and threatened the control they’ve had for the last 100+ years.

Unfortunately, now the banksters are going to use cryptocurrencies as a means of controlling more of your freedoms and a covert way to tax anything and everything that moves.

Read about it in our January issue of “…In Plain English” before it’s too late.

And remember, you only have until midnight on Christmas Day to get the best discount of the year.

Don’t miss it…click the link below.

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