Bitcoin and Blockchain
Consultant for the Layman
- Current markets and stock valuations . "They are insane." Point to the example that the DOW Jones is often cited as an actual economic indicator. (As NPR's Planet Money happily enlightens us, the DOW could never be an accurate indicator.)
- The true value of fiat currencies is rather unknown. In the wake of the 2008 Wall St. financial crisis, all over the world, in countries like Argentina, Venezuela, Greece, India, and more, important, legitimate questions are now being asked. (As they should. The fact that these are even questions which exist, in itself, is no doubt a terrifying notion for many Americans. Particularly when we anxiously look to consider retirement options based in reality:
- Why is Greece bankrupt?
- Why is the Indian government seeking to get rid of cash?
- What's happened with Argentina's run-away inflation?
- How Norway nationalized their banking system.
- A topic of relevance, for instance? Bitcoin. Bitcoin is up to $4000+ plus here in 2017. Anyone doubting the potential of Bitcoin right now isn't paying attention or doesn't understand a decentralized Internet.
And more than that:
- 2 billion people in the world are unbanked. Remember, from a development perspective, Africa leapfrogged landlines and a grid for mobile phones, Internet, and soon solar.)
- Remittance services. Account for a tremendous percentage of transactions around the world.