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.
Monetary policy is the process by which the size and growth rate of the money supply is governed. This is the single most important factor determining the health of an economy simply because money is half of every transaction.
Monetary policy has been managed by old men and women in stale suits sitting behind closed central bank doors for 100 years now. Despite their air of legitimacy, these central bankers have done nothing but rig the game in favor of the world’s power institutions:
governments and big banks.
We have already seen how the magic money machine is used to give governments unlimited spending power and to bail-out the big banks… all at the taxpayer’s expense. There is another little nuance you should know about.
Every transaction between the U.S. government and the Federal
Reserve has to flow through what’s called a “primary dealer.” Primary dealers are the only banks permitted to transfer money and securities between the government and the Fed. And they receive a commission on every transaction they facilitate.
Which means the big banks receive a cut of all new money created from thin air by the magic money machine. They directly profit from the U.S. government’s debt binge.
This is why the fiat monetary system is inherently inflationary. Central banks around the world create money at will every single year. Then the value of that money goes down. Which means the cost of living goes up for everybody.
Some are worse than others, but every country’s central bank does this to some degree.
Bitcoin is fundamentally different. Satoshi Nakamoto built a deflationary monetary system into the core of bitcoin’s source code.
New bitcoins are “mined” into existence per this monetary policy.
And bitcoin is a market-based system—there are no “insiders.” Miners compete to solve the math problems necessary to mine for— i.e., create—bitcoins.
I’ll give you a quick rundown of how it all works here… and if it starts sounding too complicated—don’t worry. We’ll discuss the blockchain in greater detail in Chapter 3.
The gist: Mining is the process of validating transactions and adding transaction records to bitcoin’s public ledger, called the blockchain. These records are added to the blockchain in “blocks,” hence the name.
The system is designed so that each new “block” is added to the larger “chain” roughly every 10 minutes. These records are public and they are permanent. There is no mechanism for altering the ledger in any way.
The blockchain is simultaneously maintained by thousands of mining rigs around the world. These mining rigs are each making trillions of calculations every single second… which makes bitcoin’s mining network more powerful than 500 of the world’s fastest supercomputers. And this also makes the bitcoin network practically impossible to hack.
Without getting too technical, it would take huge amounts of computing power and a lot of time to change a single transaction.
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.”
