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Bitcoin Is The Most Undervalued Technology Network in The World
What’s Next For Bitcoin?
Bitcoin Is The Most Undervalued Technology Network in The World
What if I told you there was an international payment network that allowed you to send and receive money anywhere, at any time, and to any one.
On top of that, what if I proved to you that the network is unhackable, uncensorable… and no one could stop, sanction or impede its operation.
In addition, what if I told you that “shares” of this network were highly limited and would continue to rise in value as more and more people used the network.
What would a network like that be worth?
But that’s not all.
Not only are the number of shares limited, the issuance of new shares is fixed.
That means that no matter how popular this network becomes… no one could issue additional “shares” to meet the new demand. That meant your ownership stake in the network could never be diluted.
What would a network like that be worth?
When I first discovered this network in 2011, its “shares” were trading at $7. The entire network value was pegged at $54 million.
At the time, I thought this network was science fiction wrapped in a financial scam. So I ignored it.
When I rediscovered this network in 2016, its “shares” were now at $400.
The network’s value had grown to $6.3 billion. It was at that moment I truly understood the promise held by this technology network.
You know it as the bitcoin blockchain.
Bitcoin is both a unit of value (the bitcoin token) and a money transfer and money storage network. It’s essentially an independent central bank that lives in cyberspace.
Back in early 2016, I only understood a few of those aspects of bitcoin.
I did understand that it was a highly secure way to store and send value to another person without relying on a trusted intermediary. I loosely figured that a technology network that solved that problem was easily worth at least $1 trillion.
Back then, the entire network was being priced at $6.3 billion. To me this looked like the opportunity of a lifetime.
That’s why I made the decision to buy as many “shares” as I could in this network and help as many everyday people as I could understand just how valuable it would become.
People who listened to me back in 2016 are up over 180x on their money. Just a $1,000 investment back then is worth north of $180,000 today.
Given that huge leap in value, you might be thinking “sure that’s great for those who got in early. But what about now?”
What’s Next For Bitcoin?