GREAT NEWS – Teeka Tiwari and his team have made a last-minute decision to open up Palm Beach Confidential this month with a LIVE Crypto Webinar on March 14th.
High up in the mountains of Tibet lies a secret base. An underused hydroelectric power plant sends an almost endless source of cheap energy to a remote mining base. Industrious entrepreneurs use this cheap, abundant energy to mine millions of dollars’ worth of a valuable new commodity.
But this is no ordinary mine… There are no picks and shovels. Instead of shafts, miners work in rooms lined with endless rows of computers. Thousands of roaring fans keep the “mine” from overheating. Every month, the mining operation produces millions of dollars in a new type of commodity.
The mine doesn’t produce gold or any other precious metals…Instead, it produces cryptocurrencies, including the world’s most popular one: Bitcoin. And the industry is booming.
The owner of the mine is a 30-year-old whiz kid named Chandler Guo. At first glance, Guo seems like any other ordinary computer scientist. But he’s much more than that. Bitcoin has made Guo rich. According to Guo, his operation mines 200 bitcoins per day. At market prices as of this writing, Guo is grossing $500,000 per day. His total operation (including the base in Tibet) is now the third- largest bitcoin mining group in the world.
I had been reading about Guo for years… but could never get a meeting with him. I finally tracked him down in the East End of London. I was there to attend a blockchain conference, and Guo was one of the speakers.
I learned from Guo during my interview that he’s thoroughly focused on bitcoin. In fact, Guo believes so strongly in bitcoin that he sells all other cryptocurrencies he mines at the base so he can buy more bitcoins. He told me, “In the digital world in the future, they will be using Bitcoin.”
It’s too good an opportunity. In his own words, he said, “At $700 a coin, bitcoin is too cheap. In 20 years, bitcoin will be a global
[currency]. One bitcoin will be worth $1 million.”
I know that might sound crazy, but there are only 11 million bitcoins left out of the 16 million that have been mined. By Guo’s estimation, 5 million bitcoins have been lost (through owner deaths, hardware breakdowns, negligence, etc.). This backs up what I was told from another bitcoin millionaire, Jered Kenna. He thinks about one-third of all bitcoins have been irretrievably lost.
So, at $1 million per coin and with only 11 million available coins, Guo is anticipating that bitcoin will have a total worth of $11 trillion. Another bitcoin millionaire, Roger Ver, aka “Bitcoin Jesus,” thinks bitcoin will be worth $500,000 per coin. That would give bitcoin a value of $5.5 trillion.
I know these numbers sound crazy. But if bitcoin becomes the equivalent of digital gold, these numbers aren’t as nuts as they appear…
Consider that today, the total value of all mined gold in the world is $7 trillion. So, a case can be made that if Bitcoin does become
a globally recognized asset class, you could see a price between $500,000 and $1 million per coin.
I’ve been bullish on bitcoin since 2015.
It’s a perfect asymmetrical bet: It has vast upside, but the downside is limited.
So, yes, I’m a big fan.
But as much as I admire guys like Guo, I think they’re missing the forest for the trees when it comes to cryptocurrencies.
The truth is: Bitcoin is just part of a much, much bigger picture.
Read Full Chapter 3 of Teeka’s book New World Money here
Read Full Chapter 2 of Teeka’s book New World Money here
Read Full Chapter 1 of Teeka’s book New World Money here
In this book you’ll discover:
- How Bitcoin “Rose From the Ashes” of the Financial Crisis, to Reinvent Money as We Know It
- Why Bitcoin Will Change the Monetary System
- Why Bitcoin is the Perfect “Safe Haven” to Protect Yourself During the Next Financial Crisis
- How Bitcoin is About to Disrupt Wall Street
- How One $100,000 Trade of Cheese and Butter Changed the World
- Where to Find the Next “FANGS”
WHO IS TEEKA?
Teeka Tiwari, Editor
Teeka Tiwari is the co-editor of The Palm Beach Letter and editor of Palm Beach Confidential. He epitomizes the American dream. Growing up in the foster care system in the United Kingdom, Teeka came to the United States at age 16 with just $150 in his pocket and the clothes on his back. By 18, he had become the youngest employee at Lehman Brothers. Two years later, he shattered convention by becoming the youngest vice president in the history of Shearson Lehman.
Read Full Palm Beach Confidential Review Here
In 1998, he made a small fortune going short during the Asian crisis. But then, he “got greedy” (in his own words) and hung on for too long. Within a three-week time span, he lost all he had made—and everything else he owned. He was ultimately compelled to file personal bankruptcy.
Two years after losing everything, Teeka rebuilt his wealth from the markets and went on to launch a successful hedge fund. After these events, he developed a newfound appreciation for risk. He made risk management his No. 1 priority. Now a retired hedge fund manager, Teeka’s personal mission is to help teach individual investors how to grow their money safely.
Teeka has been a regular contributor to the FOX Business Network and has appeared on FOX News Channel, CNBC, ABC’s Nightline, The Daily Show with Jon Stewart, and international television networks.
Teeka Tiwari’s holding an online event where he’ll give away several pieces of free research, including:
- “Over the shoulder” video training on how to invest in any cryptocurrency…
- Special reports that reveal his investment strategy (the exact strategy he’s used to deliver multiple 1,000%-plus winners)…
- A live Q&A – where he’ll answer everyone’s most burning questions (please keep in mind, he cannot give personalized investment advice)…
- And a 90-minute emergency briefing with one of the founders of the second-most-popular cryptos in the world. They’ll explain why the cryptocurrency market could be on the verge of a major breakout, beginning in January… and Teeka will reveal the name of the crypto he calls “the next big thing in cryptocurrencies.”
What’s more, as part of this event, you’ll have the chance to claim FREE Bitcoin as part of something Teeka’s calling “The $1 Million Dollar Bitcoin Giveaway.”