***Next World's largest Generational Wealth Transference Event Cycle...A Gamble or Understanding the Free Market Investment system? ***
Image screenshot via @news.com.au
Recently there's been a spate of news where people have taken up the options of "Converting" Selling their Investment portfolios into #Bitcoins...as per linked article below.
http://www.news.com.au/technology/innovation/mans-huge-2m-bitcoin-gamble-on-house-sale/news-story/4e4466c6c79ae87a85a84690ba1710d1
*news link via @news.com.au
Another "incident" Instance where a man in #Western Australia sold his property for $1.1million worth in #Bitcoins during Dec 2013 ( #Bitcoin was trading around USD$500/BTC then...1,100,000÷500
=2,200approx units in #Bitcoin Now valued at USD $4000/BTC...he literally made 8x in returns over 4 years.) Critical thinking Required...Does anyone know of any Bankster Financial Institutions that generates 8x Profits/Yeilds up to date?
http://www.perthnow.com.au/news/western-australia/owner-tells-why-hes-selling-his-14-million-perth-home-for-digital-currency-bitcoin/news-story/bf7731cafccbf7fae1f702df3420fbee
*news source via @perthnow.com.au
In another news article here below we can see that #Bitcoin is not just a speculative "currency/asset" but it also has the capacity to hold/store intrinsic value, and its tradable
https://bitcoinmagazine.com/articles/man-accidentally-makes-13-million-buying-house-bitcoin/
< With the recently released reports that the Chinese government is "Cracking down on #Bitcoin-Exchanges" & reportedly "restricting" the Utilization and the practice of #Cryptocurrencies being freely traded in the Country, can only serve as a Positive news to the Cryptocurrency world.
By limiting the free flow of speculative trading only serves to reinforce #Cryptocurrencies price stability and sanely protect the "Unregulated outflow of the Sovereign CNY(Chinese Yuan)". From a Free market view the Chinese government has the right to "suggest" and "implement" restrictions to protect their Sovereign Currency exchange values from "Devaluation".
No Nation can "BAN" #BITCOIN as it will require the effects of a COMPLETE SHUTDOWN of the Internet (which is currently the world's most widely used infrastructure)>
As per my previous publications has revealed that even the largest/oldest Banksters Institutions are also sinking their own hands & feet into #Bitcoin & the development of their own "Blockchain technology" only serves to indicate and Justifies all of your position and doubts about this Next World's largest Generational Wealth Transference Event Cycle
Below screenshot image proves it...
Q: Is @Bitcoin a Bubble economy?
A: How many people that you know around/next to you actually owns 1unit of #Bitcoin or other #Cryptocurrencies? VS How many people do you know that owns a property/house/vehicle/stockmarket-shares/bank-account (which are all currently IN A REVERSAL and DECLINING yield pattern)
A Bubble economy is when Everyone else has and Owns one or more of the above-mentioned "Old-school investment portfolios"
Do you have any questions or assistance to help you with better understanding how to prepare for Next World's largest Generational Wealth Transference Event Cycle ? Do NOT hesitate to contact me for further information and assistance.
preacherofstorms