Unless youve been living in a cave for the last few years, youve most likely heard of Bitcoin.
But what do you know about it?
The brief description of it is Bitcoin is digital money thats outside the global banking system. (At least for the time being)
Its also the largest of many new Crypto-currencies available in the market today.
Governments appear to be worried about the rise of Crypto-currencies. But dont be fooled by their fear mongering. They allow them to exist because it reinforces their agenda towards a cashless society.
And the dirty secret behind this is the existing Bitcoin and clones are the beta tests for governments and central banks shift towards digital money.
Think about this for a second.
Once money becomes virtual it all becomes traceable, reportable, controllable, and ACCESSIBLE TO THE BANKS AND GOVERNMENTS.
Were talking about a bona fide Big Brother situation.
If you think our government is snooping on you now, you aint seen nothing yet.
Bitcoin (and its clones) have a future, but it might not be what you think. For the time being they are being left alone so that people embrace the idea of being cashless.
Look around and youll see that many segments of society are already cashless. People pay online for everything with credit or debit cards. No money changes hands. Transactions are digits exchanged on someones balance sheet.
So, how do you profit from it?
First, you become familiar with it and learn to avoid the dangers associated with Cryptos.
Find out more in the upcoming issue of Simplifying Wall Street in Plain English.
Go (HERE) now.