Don't ignore digital currencies!

This is an email I have received from Money Morning

"The International Monetary Fund (IMF) has a strong warning for the world's central bankers:

Don't ignore digital currencies!

IMF head Christine Lagarde, shared those stern words while addressing a conference in London on Friday.

‘In many ways, virtual currencies might just give existing currencies and monetary policy a run for their money…

‘The best response by central bankers is to continue running effective monetary policy, while being open to fresh ideas and new demands, as economies evolve. ’

Cryptos are giving fiat currency a run for its money alright!

$2.06 million in 'old money' shifts into bitcoin every 30 minutes.

New industry and finance giants announce they're using or testing cryptocurrency technology almost every day.

Microsoft, IBM and Intel use virtual currencies.

Even our own banks — Commonwealth and Westpac — are testing crypto technology in day to day business...as I type!

This is a financial eruption on a scale we've not see for 5,000 years, when gold and silver were first used as currency.

And for the investors who strike early, a select group of cryptos could make you more money in the next five to seven years...

Than most Aussie investors could hope to make in a lifetime!

That's a big claim, but you only need to look at what's already unfolded to get a glimpse of what could unfold in the future.

Bitcoin has already shot the lights out...it's up 3,670% in just the last five years.

And it’s only just begun to fire up. I think it could shoot another 8,500% higher in the next five.

And that's ONE crypto.

There's over 1,000 trading on the market today.

Some could hand you bitcoin-sized gains as mainstream adoption kicks into gear.

That's an important point you need to know.

Even with the crypto frenzy we've seen thus far.

The entire crypto market is STILL tiny. Just 1% of the global currency.

Imagine the gains you could see if you see bitcoin and its brethren capture 2% or 3% of that market.

Scratch that…

Don't imagine.

Dreaming won’t make you a bundle as cryptos climb higher.

You need to plant yourself in the middle of the action!

If you let me, I’d like to show you how.

You’ll find everything you need to start your crypto investing journey right here.

Cheers,

Sam signature

Sam Volkering,
Editor, Money Morning"