STEEM, SILVER, and TESLA: Leveraged for the Future

SILVER

HISTORY: During silver’s infancy stage it was leveraged mainly against the economy. Silver was used as a currency and in jewelry. During the Roman Empire silver was its primary currency for trade and barter. The Roman Empire was able to control its citizens through its supply and distribution of silver. The more silver distributed the lower its value. Then unlike paper fiat currency, the romans were able to take their currency of silver and decrease its purity. The less pure the silver, the less valuable its buying power. As the Roman Empire began to weaken, they would distribute mass amounts of impure silver to try to strengthen their economy. As you well know, this method did not work and the demise the Roman Empire would soon follow.

The Federal Reserve cannot increase or decrease the purity of paper currency. Although, fiat currency used to be backed by gold, now paper currency’s value is based on the health of the economy and the interest rates the Feds apply to the money they loan. High interest rates are a sign of a strong economy. Since interest rates are at zero, the economy is weakening more and more everyday.

In the United States, silver for much of its history was a boring commodity that was only really leveraged against the strength of the dollar. Now, silver is leveraged against its use in products as well as a safe haven for investors. Silver is now leveraged against the technology industry. Most likely, if you are breathing, you own some of the technology devices that use silver to function. Silver is used in cell phones, computers, cameras, solar panels, and medical devices, among many other technical devices. So rest assured, as long as there is a demand for technology products, silver’s future looks very bright.

Icing on the proverbial cake: I did not want to leave out the fact that there will soon be a major shortage in silver. Currently, about 800 million ounces of silver is mined globally per year. About 1.1 billion ounces of silver is consumed globally per year. That is a shortage of 300 million ounces per year. Once the stockpiles of silver run dry, the price of silver will skyrocket.

TESLA

Tesla is a concept many thought would not work. Its pundits thought electric cars would be too expensive and only travel a short distance. They thought Tesla would suffer the same shortcomings as its predecessors. Those same pundits had no idea that Tesla’s technology was far better than those who had come before it. What was this technology though? The battery, but this was no ordinary battery. Tesla took a lithium-ion battery from Panasonic that was competing in a saturated battery market and did something that now seems obvious. Tesla combined thousands of these Panasonic single cell batteries together to form one working battery for their electric cars. Brilliant!

Telsa had taken a product with little demand and leveraged against a product that has huge demand, the Tesla Model S electric car. The Model S proved to outperform most traditional combustible engine cars. The battery technology that Tesla achieved is on par with the discovery of oil in 1859. Just like oil, Tesla’s batteries have the potential to be leveraged against many other products.

Now, as soon as Tesla acquires Solar City they will have two products to leverage their batteries against. As long as Tesla creates products demanded by the public, their prized batteries will increase in value. Like silver, Tesla is leveraged for the future.

STEEM

Bitcoin was the first and is now the most recognizable crypto currency. Bitcoin’s success came from its conceptual application and the demand for this application is now obvious. The problem with Bitcoin is it has nothing to leverage against, except the strength of the dollar and the American economy. As we have seen, the Feds can manipulate the dollar by printing money and adjusting interest rates. Wall Street and the big banks can manipulate the economy through insider trading and naked short derivatives. Needless to say, Bitcoin is leveraged against a rigged system. Being leveraged against a system that can be manipulated is very risky. I am not saying that the value of Bitcoin will plummet, as it is currently the golden standard of crypto currency. I am just saying that Bitcoin does not have as much going for itself as STEEM. Bitcoin proved one thing, there is a demand for crypto currency, and where there is demand, there is value.

Now, the part I have been most excited to write about. The STEEM crypto currency is nothing special on its own. The only way for STEEM to compete with Bitcoin and Ether is to leverage itself against a demanded product.

Then came along STEEMIT: a social network that incentivizes its users by rewarding them with crypto currency. By now you probably see where this is going. STEEM currency is leveraged by the demand for STEEMIT. Brilliant, I know. As long as there is demand for STEEMIT, STEEM has value, and the more demand for STEEMIT, the higher the value of STEEM’s currency. STEEM is the only crypto currency that has leverage, and having leverage is always an advantage over competitors.

Sorry Winklevoss twins. First Facebook, now STEEM. First, a kid named Mark took your social network idea and made it better. Next, of entrepreneurs by the name of Ned and Dan created a crypto currency that is leveraged against their social network: STEEMIT to surpass your Bitcoin. Ouch!! Don't feel bad for the Winklevoss twins, they are still millionaires who come up with good ideas.

Conclusion:

Oil has been leveraged against many demanded products through the years, but no star burns forever. There is an opportunity to invest in Silver, Tesla, and STEEM now, like there was opportunities in invest in oil in the early 1900’s. Ironically we are living in the early 2000’s. We have the same opportunity to invest in three leveraged products at once. My point is opportunities don’t last forever.

Advice: Take this information and do your own research before investing. There is a lot more information out there to backup my claims. Go find it! STEEM on STEEMIT community.