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February 24, 2020

Serving the “Unbanked” of the World

One of the largest opportunities in cryptos is finally being able to serve those people in the world who don’t even have access to a bank.  Believe it or not, there are over 4 billion people in the world  who fit into this category!  They are the “unbanked”.

How can these people ever hope to rise above poverty and political oppression and make better lives for themselves and their families?  Obviously there is no easy solution.  Until now.

Believe it or not, crypto assets and blockchain technology hold the answer.

And no, that does not mean we must start spreading the banking network to reach the poor  and geographically remote areas of the world.  In fact, we don’t need banks at all.

You see, all one really needs is an internet or  satellite connection.  There are already multiple crypto assets with the ability to meet this need.  It’s just a matter of getting the information to the people.

Just like those in emerging countries have been able to skip landlines and directly go to cell phones, so too will today’s unbanked be able to bypass the banking system.  They will never need to open a bank account or even transact with a bank.

How’s that for solving one of today’s most pressing problems?!

Besides blockchain and crypto, how else would we be able to do it? Can’t think of an alternative?

Well I guess there’s your answer!

lf you would like to learn more about the tremendous potential of Bitcoin, Cryptoassets, and Blockchain Technology and keep abreast of the latest developments, sign up for our FREE Email Crypto Insights at www.cryptoinfoconsolidator.com.

If you’re ready to jump in to the world of Cryptoassets –

Go here to find out more about our incredible Annual Subscription to Crypto Info Consolidator and start investing in your future now!

Top 10 Cryptos by Market Cap (Updated Daily)

Name Price24H (%)
Bitcoin (BTC)
Ethereum (ETH)
Binance Coin (BNB)
Tether (USDT)
Litecoin (LTC)
Bitcoin Cash (BCH)
Tezos (XTZ)
Bitcoin SV (BSV)

Frequently Asked Questions

Where does Bitcoin and other cryptoassets get their value? Are they money?

Bitcoin was set up to be a decentralized, trustless, immutable source of value. It allows peer-to-peer transfer of value between anyone anywhere in the world. There is a finite amount of bitcoin that will ever be created, and as its usefulness increases, so will the value. As with all forms of “money”, it is based on the faith of those who use it. It has been invented as a better form of money than fiat currencies, since it can’t be controlled, manipulated, or printed out of thin air like government money can. The vast majority of “money” and transactions globally is digital;Bitcoin has been developed to be the ultimate digital currency and store of value.

Other cryptoassets (i.e.,”altcoins”) are often very different from Bitcoin, but most are set up as variations of blockchain technology and distributed ledger technology. Their value comes either from use as a utility (like fuel or electricity), security ( like stocks or real estate) or stability (tied to the value of a currency, precious metal, or commodity). There are now third-generation cryptoassets being developed with even more advanced capabilities.

Just as the Internet spawned huge companies and platforms, so to will cryptoassets utilizing the latest blockchain and associated technologies. There will almost certainly be new “ Googles” and ”Amazons” of the crypto asset market.

Can the U.S. or other country’s government shutdown or outlaw cryptocurrency ownership or trading?

Bitcoin is so decentralized throughout the world that it would be impossible for any government to shut it down. A government can certainly outlaw trading on crypto exchanges in its country, but crypto users would be able to trade on exchanges outside the country. Just like the Internet, people always find a way around restrictions. The other important thing to consider is that blockchain technology, the underlying platform of Bitcoin and other cryptocurrencies, is an enabling technology, just like the Internet. Any country that would outlaw use of cryptos would only be setting itself up for lagging the rest of the world, thus doing itself and its citizens irreparable harm.

How much time does it take to get up and running with Bitcoin and cryptoassets?

This subscription has been specifically developed with the intention of giving any individual the knowledge and guidance to understand cryptoassets and get started as quickly and safely as possible. Once you have receive the introductory information and portfolio details, you will be guided to the best places and methods for setting up accounts. To begin with, you will need to have at least three different exchange accounts, which will give you access to buying and trading the vast majority of our portfolio recommendations. Each account will usually take up to an hour to set up.

Why shouldn't I wait until a Bitcoin/cryptocurrency ETF or mutual fund is available, rather than the hassle of setting up several accounts for buying, trading, and storing cryptos?

First off, there is presently no available crypto ETF or mutual fund available for individual investors.

Secondly, as of this writing, there is no definite timetable as to when one will be available.

Thirdly, the initial crypto funds will invariably deal only with bitcoin and possibly a handful of the larger, more established cryptocurrencies. They will not give you access to the smaller, newer, more advanced cryptos, some of which will be the biggest winners.

However, the main reason for not waiting is that by the time one is approved and available, a significant profit potential may be gone. Just remember, the whole reason the crypto asset market is still small is because it is so strange and tedious for the individual to understand and maneuver, and the infrastructure and regulations are not yet fully set up for the “big money” (institutional investors, hedge funds, pension funds, private equity, etc.) to enter. We, as the “small guys”, for once have a distinct advantage – we can get in before the big boys can! There has probably never been that opportunity with such an important emerging technology before! It is up to you to take advantage, and this subscription service is designed to be the easiest, most focused, and most inexpensive means of getting in early.

How much should I invest in Bitcoin and/or altcoins, and which ones to buy?

Again, this subscription is specifically designed to address these issues at the outset. Even though I personally can’t give any individual advice or recommendations, you will get the benefit of all the experts’ recommendations. In addition, the various cryptoassets in the portfolio will be divided into several categories, from “blue chip” cryptos all the way to “speculative” small cap ones with the highest risk but highest reward potential. You will be able to design your own crypto portfolio from the most conservative to the most aggressive, depending on your investment goals and risk tolerance.

How do I know the best time to buy or sell a particular crypto asset?

One of the most valuable parts of this subscription is expert guidance on evaluating the crypto cycles, which has been very accurate and timely in ascertaining when they reach tops and bottoms. I have been amazed at how accurate these experts have been, and it has allowed me to avoid getting in or out at the wrong times. As a subscriber, you will have all this information presented to you in a timely manner for you to determine when you may want to buy, sell, or hold a given crypto asset. It has been invaluable to me, and allowed me to be patient when the crypto market gets extremely volatile.

How will I know if there is breaking news on Bitcoin or other cryptoassets I own?

You will be sent alerts on significant news or changes in the crypto market or on a specific portfolio holdings as they are made known. It is of course impossible to follow every piece of news on every crypto; what we will be looking for are the important items. You will be given website apps that allow you to track news on any individual crypto asset anytime you wish.

I understand that you get your crypto knowledge and advice from several different crypto research groups. Can you name them or tell me where you find them?

Since I have spent over two years and hundreds of hours researching the crypto space, I’ve come across many different research groups and subscriptions, some excellent and many not so good. I personally selected those with what I believe to have a unique insight based on their evaluation methods. Several were new additions to other investment groups to which I already subscribed. Since the crypto market and technology is so revolutionary and rapidly developing, I discovered that there was no one expert who had the ability to understand and evaluate the whole space. Therefore, one-by-one, I invested in these additional various subscriptions.

After spending so much time and effort doing this for myself, I realized how valuable this information would be to others like me looking to get some guidance in this confusing and complex asset class. Thus, this subscription service was born! To my knowledge (and i looked!) there is no other service of its kind in the marketplace.

For the above reasons, I consider this work proprietary, and cannot name the individual research groups to which I subscribe. I will never plagiarize or violate copyrights from their newsletters. I am a merely filtering and consolidating, always in my own words, the information and advice into one easy- to- use place.

Anyone can, of course, search for themselves and find a crypto subscription service. However, you will only get one insight into the market, and will almost assuredly pay more for that one insight than getting the benefit of 11 different insights with this subscription. I had to do it the long, hard way, and I wish I could have had a service like I am offering as a concise, actionable guide to crypto investing.

What are the tax consequences of buying and selling cryptos?

You must understand that “cryptocurrencies” are not one entity; there are several types. It is so confusing to the authorities that it has been classified variously as property, a security, or a commodity, each of which has a different tax treatment.In fact, some cryptos are one kind, others are a hybrid. Presently the IRS considers it “property”. This problem is an evolving issue, and this service will do its best to keep you informed as to the latest.

Can I hold cryptocurrencies in a retirement account?

Yes. There are several choices on the market today, each with its own pluses and minuses. Our subscription service will be able to list some of the best ones for your consideration.