| By Teeka Tiwari, editor, Palm Beach Daily Every time bitcoin moves, I get a slew of questions asking why… Most times I have no answer. Bitcoin can move without rhyme or reason. It can be up $1,000… down $1,000… literally in a day. In March, we saw bitcoin drop 50%. Six weeks after that, it rose 100% off the bottom. Here we are in October… and bitcoin is up 168% off its March low. It bears repeating: On any given day bitcoin can do anything. So why would you want to risk your money on something so unpredictable? Here’s the thing most people miss about bitcoin… Over the short-term, it’s difficult to gauge what it’ll do. But over the longer term, its massive increase in value just might be the easiest prediction I’ve ever made. Three things drive bitcoin’s value. They are usefulness, rarity, and adoption (usage). | Recommended Link | | “If I had to bet my life on one tech investment, this would be it…” Silicon Valley insider Jeff Brown has spent weeks on the road in the U.S. heartland investigating the current state of 5G across rural America. And he discovered the 5G opportunity is 5X bigger than he previously projected. He calls this “the No. 1 tech investment of this decade.” Experts say 5G is set to soar 30,000%. And Jeff predicts it has the potential to spawn the next crop of trillion-dollar tech companies. Fast-acting investors could, at a minimum, double your money five times in the next 12 months. Even if you’re starting with less than $1,000, Jeff believes this could put you on the path to millionaire status. | | | -- | It’s important to remember things have value in our world because people find them useful or pleasing in some way. If those things are also rare… then they can trade at wild values. That’s why Leonardo da Vinci’s Salvator Mundi painting can sell for $450 million. It’s why a garden gnome is worth $2.6 million. And why the “Black Lotus” Magic: The Gathering trading card is worth $250,000. When it comes to bitcoin, it’s far more useful than any painting… lawn ornament or trading card. Bitcoin allows you to store, send, and trade value globally. It does all of this without the need for a trusted middleman. Imminent FDA Approval Could Send This Tiny Biotech Soaring It’s a global payment network nobody owns. That means the wealth you hold in bitcoin can’t be confiscated. It allows you to hold the most portable form of wealth I have ever seen. On top of all of that, it’s rare. There will only ever be 21 million bitcoins. By anecdotal accounts relayed to me by early “bitcoiners,” at least six million bitcoin have been lost forever. That means out of the 17 million bitcoin “mined” so far, there are only about 11 million left. According to Business Insider, there are 46.8 millionaires in the world. So if every millionaire wanted to own a whole bitcoin, they couldn’t. So you can begin to see that bitcoin has all the hallmarks of a valuable asset. It’s useful, it’s rare, and most importantly of all, its adoption (usage) is exploding. | Recommended Link | | Danger Ahead? 800 “Uber Rich” Dump Stocks… “The largest, fastest change” we’ve seen… Tiger 21, a club of 800 ultra-rich investors, recently started hoarding cash. “We see no easy way out,” warns Bank of America. Jeff Bezos – the world’s richest man – recently dumped $4.3 billion in stock. What is going on? The alarm bells are ringing. And what you do NOW will determine your future. Jeff Brown – arguably America’s most accurate investor – reveals the strange “division” happening in the market right now… | | | -- | 346 Million More Potential Buyers Just last week, payments processing giant PayPal announced the launch of a new service allowing its customers to buy, hold, and sell crypto directly from their PayPal accounts. PayPal has 346 million customers. Chew on that for a moment. Remember… If my insiders are right (and I think they are), there’s only about 11 million usable bitcoin in the world. That’s the definition of rarity to me. The discussion on whether bitcoin will survive or not is now moot. Bitcoin has reached escape velocity. The reason why is something I prophesized three years ago: Financial establishment greed. I’ve been saying since 2017 that the established financial system will open its doors to bitcoin and all of crypto for one simple reason: greed. The profits for offering bitcoin investing are massive. Just look at Square (a smaller version of PayPal) that serves just 24 million customers. America’s #1 tech investor uncovers the breakthrough of the century… It started offering bitcoin purchases on February 1, 2018. In the second quarter of this year, its gross profit on its bitcoin service was a whopping $597 million. That accounted for almost a third of Squares quarterly revenue. If you look at PayPal’s fee page, you’ll see they will be charging as much as 2.9% on bitcoin purchases and 2.9% on bitcoin sales. On top of that, they’ll charge a “spread.” The spread is the difference between the price people are willing to buy at (the bid) and the price people are willing to sell at (the offer). The bid/asked spread on retail platforms can sometimes be hundreds of dollars. For example, a $13,000 bid and $13,200 offered. As a big player, you can bet PayPal will be buying bitcoin on the bid, selling it to their customers at the offer price, collecting the $200 spread… and charging a 2.9% fee on top of that. Can you see now why the financial system is embracing bitcoin? It’s going to be a fee bonanza unlike anything they have ever seen. That’s why I believe the financial system is getting ready to begin the mother of all marketing blitzes so they can shepherd their collective 500 million customers into high fee-paying crypto products. That’s why it’s so easy for me to be bullish on the price of bitcoin. Every financial incentive that drives widespread adoption of an asset is perfectly aligned for every financial firm that matters to offer bitcoin investing to their clients. Bet on Wall Street Greed I’ve said this again and again: You’ll never go broke betting on the greed of financial systems. So I want you to keep focusing on that narrative of adoption. It’s all you need to focus on to know that over the longer-term bitcoin, prices are headed much higher. Friends, if you’re still not invested in bitcoin, don’t get left behind… Buying now will put you ahead of mass adoption and leave you well-positioned to profit as companies like PayPal flood hundreds of millions of potential buyers into the market. Let the Game Come to You! 
Teeka Tiwari
Editor, Palm Beach Daily P.S. Bitcoin won’t be the only winner coming out of crypto’s mass adoption… Companies like Amazon, Google, and Facebook have already placed their bets on another crypto breakthrough. It’s a tech that’s poised to transform manufacturing, data storage, and security forever. And as crypto’s mass adoption gains momentum, I believe it will become the No. 1 investment of the decade… but you need to act now.
Like what you’re reading? Send us your thoughts by clicking here. IN CASE YOU MISSED IT… Investing Genius Reveals His Winning Formula For the first time ever… Bill Bonner – founder of the largest “underground” financial research firm in the world – has released his winning formula: TS = rv (w-w – w-l) Analysts are calling it, “Bonner’s Law.” And it raises a crucial question: “… If [the deep state] only traffics in win-lose deals, why do we allow it?” Once you know Bill’s secret formula… you’ll never look at the world in quite the same way ever again. He explains all the details in his latest – and last – book. Get your copy right here before they’re gone. 
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