Bitcoin is an Exit not Investment
I heard these sage words
Quoting another... sorry I can't remember the name of the coiner.
It is an amazing thing we are privileged to watch the rise of freedom, not with war or revolt... but rather simple innovation and adoption. People are rising against those that work to control and thieve away their fortune, lives and even souls.
But it is very apparent that most people buy Bitcoin (and others) to exit the current system, far more than those just investing for gains. There are so many reasons for people to head toward the exit,
- We do not want to play Taxation Game anymore
- Peer to Peer transactions, I don't need no stinkin' bank
- Fees
- Changes to the rules with out consent (consensus)
- They Control your life
- We want not only freedom, but we want to be left alone.
So people are heading to the door... and fast
The exodus is picking up speed and everything is starting to look more urgent.
I now have people texting, messaging and even emailing me on how to buy Bitcoin. This is after a couple of years of prodding and trying to get them in,but to no avail. So now I just send them my Bitcoin Referral Link, nothing really to say as they missed a big opportunity.
Strategy
So now I have stopped buying and will only earn the digital assets
I am fortunate to have set up business to accept Digital Assets early on and only work in Digital IP now (Except Seminars, but more are coming around). I have amassed a good stash and am waiting now for the companies to become operational in 2017 or 2018.
With EOS, Steem, PPT, OMG, VERI, SALT and hopefully LTC, I will be renting them out for passive income as I recycle them back into the original coin rented and repeat. It is getting cost prohibitive to invest currencies even though they will most likely continue to grow.
But the Exit strategy I will be implementing is rental property, renting out to increase them and replace the (Never to be seen) Social Security promises. I know these are not yet ready, but planning ahead never hurt anyone... and when these companies open, you want to be right there with them.
And of course continuing to interact here on Steemit
There are so many things happening at once it is so difficult to keep up. Thankfully with the right feed we can let others help us along here on Steemit. While we may be focused on a single venture for a time, someone jars us from our slumber to look yet further and grow more... that is a community.
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super article
Thank you.
Nice post! Two considerations:
So, hope for the best and long live to crypto asset!
I think that Bitcoin will still rule as people see brands... with the naive masses that are beginning to enter they will buy the name first.
And each passing day the influence grows as it becomes more solidified across the digital asset field. We see it growing (even in my own business as I have been receiving BTC, LTC and ETH for payment for 3 years now) and I am not alone, you have major players like Overstock, Starbucks, Etc., increasing the traffic. Also the companies like PPT and SALT will quickly create the transnational aspects you mention.
2018 will be a fast paced and wild ride for sure.
Yes, brand and first-mover advantage are a big resource for BTC. Considering also that BTC developers aren't frozen, but are operating for example to increase bitcoin skills in smart contract creations, we can see that BTC is the past respect to some other cryptos.. But not so much. (see here https://www.coindesk.com/bitcoin-startup-rsk-launch-smart-contracts-sidechain-2017/).
Also. we have to pay attention because a great company is more likely to create its own blockchain than to adopt an already esisten and probably decentralized crypto: Disney, for example, is going to create its own blockchain, very similar to ethereum, to manage its assets. Many banks are creating crypto similar to ripple, for internal use, etc..
So yes, digital asset in which we can invest will grow, but will grow in a really competitive market. It will be a strong growth, but not as strong as the "100% adoption" scenario. There will be a lot of private digital assets that will take significative market quotes...
And I hope they are the ones I picked up.
I hope too. So, stay calm and wait for a long and really interesting 2018 :D
Not for 2018, the future worlds dominate the coin base system sequentially step by stem, i hope it will be role model for world citizenship, so don't be hesitate about the procedure, some new base grow that also will overcome @kyusho
Cryptocurrencies are the new world order... Fiat systems cant cope with it... Blockchain is the new foundation of all structures. Grid technology will grow amazingly fast because of blockchain... It simplifies everything.
And steemit? Wow! Steemit redefines the meaning of earning money online. Its just fantastic.
Your post has been resteemed to my 2500 followers
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Really nice post!
Also an important idea to consider.