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Michael Rife
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Michael Rife   My Press Releases

Bitcoin Is Soaring!

Published on 5/22/2017
For additional information  Click Here

What is Bitcoin? 

Bitcoin

Here are a few defintions I got from Google...

"a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank." - Google

"Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks!" - money.cnn.com/infographic/technology/what-is-bitcoin/

"Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren't printed, like dollars or euros – they're produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems." - www.coindesk.com/information/what-is-bitcoin/

OKAY...

Now I still have some questions, as I am sure most do! BUT, I could not pass up the opportunity to get involved. 

And here is WHY...

We are living in a time of financial uncertainty. A time of change, and I believe we are going to experience a great transfer of wealth very soon.

For this reason I began purchasing the most proven form of money...Gold. And silver. I began to actually learn about what money is and throughout history how paper(fiat) currencies have failed over and over again while gold has always retained its purchasing power for over 5000 years!  

What does precious metals have to do with bitcoin and other crypto currencies?

Creating and securing wealth!

Right now as I write this, bitcoin is soaring. It is now worth over $2200 for one bitcoin! Gold is stable at $1257 an ounce and silver is at around $17 and ounce. Who knows what the dollar is actually worth!

If you are someone who is concerned about the future of the dollar and other paper currencies, and you are looking to secure your hard earned money...I suggest you begin to educate yourself and pay attention to what is going on in the financial world.

I would recommend diversifying your own financial portfolio so that if or when there is a finacial crisis, you are prepared for it! Bitcoin is one way of doing just that. But again gold and silver have proven to be the most reliable form of money for thousands of years.

 

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