American Consequences - November 2019

the underlying blockchain technology today? Wade says absolutely. “Volatility’s high. The market’s going to have to pass $1 trillion in market cap – and right now it’s around $200 billion – before the volatility gets lower... That’s when people will start thinking of it as growing into its next phase.” Today there are about 5,000 cryptos out there, according to Wade. He likes “maybe about 30 of them.” He’s recommended a few dozen to his readers – and his top gain this year is a 1,320% closed trade... despite a lackluster market for cryptos in general. So while he sees big opportunity... there is also risk for folks who don’t understand the market. To help fix that, Wade ends our conversation with a tease for his next big venture... On November 20, he’s sitting down with 12-term U.S. Congressman Dr. Ron Paul to explain a token that’s currently trading for less than ONE PENNY right now. Wade predicts it will soon become the “reserve currency” of every company that joins the blockchain. Wade calls it “The Master Token.” And if he gets this “first” right, it could be the dream solution that America needs to finally escape the fiat currency system. Wade has an invitation for you, too: If you’re interested in the 2020 event that will set off the next crypto boom... and want to know why this “Master Token” could soon become the most talked-about investment in America... click here to learn more.

Diaries and Justin Lin’s (director of Fast & Furious ) production company. The point being that cryptocurrencies are designed to outlast every other kind of money.” After all, in the long view, an unlimited supply of inflationary dollars will be chasing a limited supply of bitcoin. And Wade expects that bitcoin will outlast every other government-printed currency. So a $1 million price level for bitcoin isn’t just possible... it’s inevitable, according to Wade. And if he’s right, it would only be one of many “firsts” that he’s been at the forefront of. For a while, it seemed easy to get ridiculously, outrageously wealthy with cryptocurrency. The New York Times published an article in January 2018 titled, “Everyone Is Getting Hilariously Rich and You’re Not.” The wealth is intoxicating news, feverish because it seems so random. Investors trying to grok the landscape compare it to the dot-com bubble of the late 1990s, when valuations soared and it was hard to separate the Amazons and Googles from the Pets.coms and eToys. Of course, the 2017 to 2018 extremes didn’t last. But as the Times pointed out... amid the dot-com bubble fever and insane valuations were also some of the most innovative businesses in the world – which are now some of today’s most valuable companies. Is that true for bitcoin, cryptocurrencies, and HOWTO GET ‘HILARIOUSLY RICH’

American Consequences

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