You know that feeling when traffic is piled up on the freeway and your heading to the beach in an open lane going the other way? I felt that way all through the great recession of 2008.
Back then (2008-2010) were some of my most memorable AND successful years because I put my time, energy and money funding alternatives such as real estate, loans/notes, precious metals, tax liens/deeds and private placements. In 2008 alone I helped thousands of individuals exit the downward spiral on Wall Street and single handedly moved over a billion dollars to Main Street.
I bring this up now over a decade later because of the nostalgic feeling I get watching the latest financial news…you saw the headlines last week:
Another Brutal Stock Market Selloff as coronavirus fears grow into economic fears…Stocks Plunge as yields fall to new lows…Another big selloff rocking Wall Street… Every S&P 500 sector finished the day deep in the red… The Dow down, nearly wiping out ALL of last years yields while most other indexes are already there… Fears of an economic slowdown sending stocks spiraling… The Bond Market Predicting a Recession is coming soon..
Now on Monday morning: TRADING HALTED ON NEW YORK STOCK EXCHANGE FLOOR! As the hemorrhaging continues, things don’t appear to be getting better on Wall Street any time soon…
Look, I don’t like to see the economy take a nosedive overnight, in fact many of my friends and family have suffered recent losses in the market. Even here in Austin TX, the live music capital of the world we had to cancel our annual SXSW event, which severely impacted local small businesses. The point I’m making is there are alternative options out there and it’s not too late to hedge.
This is a great time to be in the business of mining digital assets like Bitcoin because it provides a consistent revenue stream regardless of what the Stock Market is doing.
Mining provides consistent CASH FLOW
When you swipe your credit card, transfer funds via ACH/wire, cash a check or pull cash from the ATM your bank goes through a verification process and this process is run through sophisticated computer systems. Somewhere along the line a fee is collected and that fee goes to the sending/receiving/processing bank. When you make a purchase using cryptocurrencies the transaction still goes through a verification procedure processed through computer systems and a fee is still charged, however, the bank is not necessary.
Mining cryptocurrencies like Bitcoin essentially takes central banks out of the equation and replaces them with participants like you and I. The adoption of blockchain technology and cryptocurrencies like Bitcoin empowers us to “Be the bank”.
Instead of buying a CD, Annuity or or Mutual Fund, mining digital assets allows you to cut out the middle man and keep the lions share of the profits.
Remember? Bitcoin was created BECAUSE of the 2008 collapse!
Today, in 2020, we see a mass adoption of blockchain technology and speculators can invest in the thousands of digital assets/tokens that follow. However, few know, and many forget what really got this new technology started.
The first major cryptocurrency (Bitcoin) was created, for the little guy (you and me), as a hedge against corruption on Wall Street and “Too Big to Fail” institutions.
The first block that was ever mined (Genesis block) quoted this headline in the London Times: “Chancellor on Brink of Second Bailout for Banks”.
Easter eggs found in decoded blocks, as well as quotes from Bitcoins founder (Satoshi Nakamoto) reveal that the ideology behind the creation of Bitcoin was to offer an alternative to people from the flawed financial/banking system.
We are taking advantage of that alternative, especially when the markets are in turmoil like they were when Bitcoin was created.
The halving is around the corner
I won’t go in great detail about why the halving exists and when it will occur but will leave you with this informative article:
Everything you need to know about Bitcoin halving
In a nutshell, “mineable” cryptocurrencies don’t print money indefinitely, they have a finite amount of “coins” that will ever be mined. To regulate how many coins can be mined, the code automatically rises in difficulty and systematically reduces block rewards over time. Unless the Bitcoin network protocol is changed, the last coin won’t be mined until around the year 2140.
Bitcoins true value lies in the fact that only 21 Million Bitcoins will ever exist, so the more difficult it becomes to bring Bitcoin into circulation, the more valuable it becomes.
Why is the halving relevant? Historically, the last two times we saw Bitcoin halve, we also saw it rise over 1200% in value. It’s equally important to understand that when Bitcoin climbs in value, most “altcoins” follow suit, and typically excel much faster. The next halving is expected to occur next month.
We bank on volatility
While most speculators fear volatility, we count on it. Profits are made through volatility and the beauty of cryptocurrency is how cheap it is to exchange one for another.
To diversify, hedge and maximize profits from mining efforts, we developed a robust portfolio management system that constantly seeks a better exchange rate and executes transactions that are deemed profitable.
While most cryptocurrency mining companies use the mine and hold or mine and dump strategy, we mine and hedge thousands of times per month. This system was built to take advantage of volatility within a hand selected digital ecosystem and arbitrage across several cryptocurrency exchanges. The system is designed to maximize our leverage when the market is volatile.
Our Sale Leaseback program takes out the headache and mitigates the risk
Mining digital assets requires a technical expertise across several arenas so it can be logistically challenging. Trading and exchanging digital assets manually is stressful and building a successful software system is challenging.
Our sale/leaseback program removes the barrier to entry, mitigates the risk and removes all the headaches that come with cryptocurrency mining. Rather than take on debt or sell shares in our company at an early stage, we feel like a sale/leaseback empowers us to scale mining operations rapidly while at the same time providing our customers with consistent cash flow in the form of lease payments.
Our sale/leaseback is the perfect hedge against uncertainty in the Stock Market and is a win/win/win scenario that allows anyone to get behind this revolutionary technology.