Did you know that the founder of IOTA is Norwegian?
The Norwegian people are known for being honest and steady going.
Norwegians are also very astute at business.
This is reflected in the fact that the Norwegian Govt own approx 2% of the worlds Global Equities (yes that means they own 2% of the world) Their Sovereign Wealth Find is now valued at a staggering $96o billion. To put that into perspective, if they were to divide that it would mean every citizen of Norway (including children) would receive $180,000. You do not become that financially successful without knowing what you are doing.
Most likely you do not know about this unless you are involved in finance in some fashion. And the reason you do not know this is simply because the Norwegian people do not like to shout or boast about their achievements. They prefer to let their actions to speak for them and for people to decided for themselves.
I dont know about you, but I kind of like that.
As I said, the original founder of IOTA, David Sønstebø, is Norwegian, and it comforts me to see that, he and his amazing team, are running the IOTA Foundation the way one would expect a Norwegian person to run it.
Steady, honest and with sharp business acumen.
As most of my followers know, I got divorced last year and married IOTA instead : )
I am invested in IOTA and I am in it for the long term. I have to tell you guys, that when I see the caliber of the IOTA team, it sure helps me sleep at night.
The way the Norwegian folk conduct business is reminds me of the famous Aesop´s Tale of the Tortoise and the Hare. IOTA being the Tortoise of course. However, it seems that in modern times, this Norwegian tortoise has rockets tied to it because IOTA are wasting no time in building a future.
How many times have I said, only invest in a CrytptoCoins
if it fills a need and it is actively working on its future?
After you finish reading this blog, if you are not convinced that IOTA is going to be a major player in tomorrow´s near future, then there is no hope for you. There are plenty of $h1t coins out there you can waste your money on.
OK let´s get into it. Have a look at this...
So what is this all about?
OK first of all we have to understand what is IOTA trying to do?
You see, today, and in the immediate future, ALL electronic gadgets/machines, such as Fridges, Television sets, Radios, Cake mixers, computers, buses, lorries, cars and so on...will be made so that they automatically connect to the internet. That is why we call such electrical "things" - the Internet Of Things - IoT
What IOTA realised was that all these IoT´s will be able to communicate with each other,
and if they can communicate with each other then they can also "pay" each other. Therefore there will be a "need" for some kind of "currency" (a coin) so that they can "pay" each other with.
Why would machines want to pay each other money?
Well here we have a classic example of how IOTA is fulfilling its own intentions.
This company, called Netobjex is blockchain based company (Bitcoin has a blockchain, Steemit has a blockchain. all cryptocoins have a blockchain):
The Netobjex blockchain basically tracks electronic "things" wherever they are in the world. I dont want to go into this really but if click on their website it has a great video which starts the moment you come on there and it pretty much is self explanatory.
Anyways, it seems that Netobjex have decided to IOTA as way for electric cars to "pay" for recharging. But it is ore than that, the car will actually charge itself while it is still in motion. Can you see how fantastic that is?
Basically you will be driving your electric car and the the computer inside the car will see that its batteries need recharging. A little light will come on with a warning- right? So what do you do? Look for a recharging station, right? - Well what if there are special lanes in which you simply drive into and the road itself (using wireless technology) is designed to recharge the car while it is still in motion. But wait, how do I pay for the recharge bill while I am still driving? Well you dont need to even think about it because the car does it itself, using the IOTA coin. Pure genius that is all I can say about that.
Other IOTA news - IOTA makes history in Germany
Whats that you say, you want more?
OK, well I saw this on twitter and wondered what it was all about.
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IOTA moving ahead step by step.
"More more!" I hear you cry. Still not enough positive IOTA news?
OK what about this then......
............IOTA now being used by Pallet Making Company "SYTRAX"
Voice of skeptic: "Ah so what a little company that makes wooden pallets, big deal"
Reply: "er excuse me, this little company has their own jet planes"
Here is what Sytrax said about IOTA..."IOTA is the future of blockchain"
Look guys, all I am trying to say here is that, here we have a genuine player in the CryptoSpace. A team of brilliant people all dedicated to a common goal and a common dream. It is not only about making money, it is about building a new infrastructure in world moves as fast as a speeding hare. But in order to make that new foundation solid, it needs the steady wisdom of a tortoise.
Perhaps this could explain why IOTA seems to be the choice for discerning newbie investors.
Almost everyday in the CryptoSpace I hear of some poor "newbie" investor getting burned. Investing their hard earned money into some CryptoCurrency and then it gets pumped and dumped. Or an ICO (Initial Coin Offering) that fails, is hacked, or is overpriced. It´s wild west out there.
In this unregulated CrytpoLand it pays to do your research.
And it seems that smart folk are doing just that and coming to the conclusion that the smart move it to invest in IOTA. All Im saying is this; Be smart and act smart by investing in smart people
Dont be blinded by false promises of get rich quick schemes or false promises.
All you have to do is open you eyes and you will see their is a new vision.
It is right there in front of you. It´s called IOTA.
Look, I am no hot shot programmer. I am no genius. I am just a humble artist. I am just a guy who has always had a love of technology. A love of innovation and new ideas.
I first read about IOTA a year before it came onto the market. I can even remember the exact moment.
I had gone to bed early. I was sat up in bed with my MacBook Pro and trawling the web. Some how I stumbled upon an article about IOTA. I have to tell you guys, I saw the vision immediately and it blew my mind. In that very instant I knew I wanted to be part of that vision. I jumped out of bed and ran into the living room to where my wife was sat chatting with a neighbour. "IOTA is amazing! It will be bigger than Bitcoin one day!" I shouted.
"Yes dear, but perhaps you had better put some clothed on" She said.
It was then I realised I was naked. The poor neighbour did not know where to put her eyes.
But what could I do? A poor struggling artist.
Well I could do what anyone can do. I could invest what I could afford to invest.
By investing, I am making a proactive affirmation in my belief in the IOTA Foundation.
In other words, I am putting my money where my mouth is and being part of the dream.
I guess these guys (below) saw what I saw.
If you are still skeptical then I will contact Jesus and ask him if he could come back and allow you to put your finger into his wound. If you are a believer, then I hope this post satisfied your hunger for IOTA news.
Lot more positive news to come next time...stay tune folks!
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