Hello friend today i will discuss about exchanges..
Bitcoin is “antisocial, stupid, and immoral.”
That’s how investing legend Charlie Munger described the most popular cryptocurrency in the world.
Munger is the right-hand man of Warren Buffett... and the vice chairman of Buffett’s Berkshire Hathaway company.
Yahoo! Finance interviewed Munger during the company’s annual meeting in May. That’s when he called Bitcoin a “combination of dementia and immorality.”
(Note to Charlie: Bitcoin is probably the most moral currency out there. Unlike the U.S. dollar and other fiat currencies, central bankers can’t print Bitcoin into oblivion. So its value doesn’t erode through inflation.)
he continued. “Would you do it? To me, Bitcoin is almost as bad.”
Not to be outdone, Buffett then likened Bitcoin to “rat poison, squared.”
We are not exactly sure how Bitcoin and baby brains are related... But do think good old Charlie is out of his league here.
By the way…Thanks for opting in to this exclusive cryptocurrency training series.
Over the next few weeks, We'll introduce you to the exciting new world of cryptos. Along the way, We’ll strip away the lies being spread about crypto by central banks, moneyed interests, and the traditional press. And most importantly, We will show how you can personally profit as this trend prepares to explode.
Then, on July 19, we want to invite you to an exclusive webinar
called The Great Cryptocurrency Conspiracy of 2018 <---
In this webinar we will be dispelling ALL the myths you’ve been hearing about Bitcoin and other cryptos...and will lay out the groundwork for how you can take part in the massive boom that’s right around the corner.
Finally, you’ll have the chance to claim your share of an exclusive $2 million Bitcoin Giveaway.
Look, Munger and Buffett have imparted tons of investing wisdom over the decades.
But We think they’re absolutely off the mark when it comes to the new cryptocurrency asset class.
It's been 22 years since We’ve seen a bull market like the one we're in now with cryptocurrencies.
We can't overstate how profound this is...
We won't blame you if you think Bitcoin is just a fad... or akin to “rat poison, squared.”
Why would you put your trust in a digital construct like Bitcoin? On the surface, it seems like madness.
But consider this... Bitcoin is now nine years old. That's three years older than the internet bubble. It's outlived the real estate bubble and the financial crisis... and it’s now worth over $128 billion.
In recent times, it's outpaced the run-up in stocks, bonds, gold, and silver. Has the whole world gone mad? Is Bitcoin just a "hyper-bubble"? We understand if you have reservations about cryptocurrencies like Bitcoin...
In a "normal" world, We'd tell you that Bitcoin is a dumb idea. In a "normal" world, Bitcoin would be nothing more than a geek-centric curiosity. But we do not live in a normal world anymore...
That's why we are sending this email to you now. We want to show you why cryptocurrencies belong in everyone's wealth-building plan.
We're Not in a "Normal" World
We can thank the relentless power grab by the world's governments and central banks for making Bitcoin and other cryptocurrencies a viable financial product.
Let me explain...
As governments impose their will on the population... people will use digital currencies
like Bitcoin to win back their freedom of choice. Whether it's the loss of financial privacy...
devaluation of paper money... capital controls in China and elsewhere... or government sponsored payment bans... digital currencies like Bitcoin are stepping in to bridge the gap between what the people want... and what governments will "let" them have.
Cryptocurrencies like Bitcoin meet a need that no other conventional asset can: freedom and virtual anonymity.
As governments seek more and more control, they're actually creating a bigger and bigger market for Bitcoin and other digital currencies. it will be cryptocurrencies that step in to give us our freedom back
Naturally, this makes a certain type of person nervous...
The Old Guard Doesn’t Like Bitcoin Buffett and Munger aren’t the first smart guys to underestimate Bitcoin.
In 2013, famed economist Paul Krugman penned an article titled, “Bitcoin Is Evil.” And he still stands by that position. In 2016, he said that Bitcoin was in a “bubble” when it was at just $350. Since then, Bitcoin is up 1,850%. That shows you how smart Krugman is.
In 2014, Seth Klarman (another one of our favorite value investors) said that “Bitcoin is yet another bandwagon we are happy to let pass us by.” Since then, Bitcoin has risen as much as 50 times higher.
In 2017, JPMorgan Chase CEO Jamie Dimon said that he’d fire any of his employees who
traded Bitcoin for being “stupid.” He also called Bitcoin a “fraud.” (Dimon later said that he regretted calling Bitcoin a fraud.)
Not only were these guys wrong... they missed out on the greatest investment opportunity of the 21st century.
Bitcoin is up 18,000,000% since 2010. That’s right. If you invested $100 in Bitcoin eight years ago, it would be worth about $18.4 million today. Now, these guys are successful, and they’ve made billions. But cryptos aren’t their expertise.
We'll leave you with this thought...
If you are a lover of personal freedom, then you owe it to yourself to get educated on how digital currencies can liberate you from the limitations, onerous fees, and stifling regulations of our current financial system.