I just did an interview with Bill Church of the Free Your Mind Podcast and one of the first things he asked me was how I normally explain blockchain technology to someone who knows nothing about it.
I explained that in order to understand the value of the blockchain, you need to first learn about the history of central banking and the origin of fiat currencies.
It’s worth considering that the total value of all the world’s gold (already mined) is worth around $7 Trillion US dollars while the US dollar money supply is currently over $10 Trillion dollars.
With the total cryptocurrency market cap now consistently above $500 Billion USD, if current growth rates persist, before long, we could very well see cryptocurrencies turn fiat currencies into an archaic payment system of the past.
After all, anyone who holds USD in a bank account currently loses about 10% of their purchasing power per year through inflation.
This is an information packed interview you won’t want to miss; if you haven’t seen it already you can check out the full video below!
And I should let you know that we’ll be raising our rates for the TDV newsletter on January 1st, 2018… mostly because, as I mentioned above, the value of that shitcoin, the US dollar, keeps losing about 10% per year and so we have to continually increase our prices in terms of fiat Federal Reserve Notes.
Of course, in terms of bitcoin, the price of our newsletter has dropped practically to $0 compared to the rise in the value of bitcoin.
That alone should tell you something about why bitcoin is rising in price.
You can not only lock in our current rates, but you can do so at a discount and keep this discounted rate for as long as you stay a subscriber by subscribing HERE before January 1st.
Wishing you all a happy and healthy holiday and new year!