A state of freedom and wealthsteemCreated with Sketch.

in #cryptocurrency7 years ago (edited)


Source: http://www.themonaghangroup.com/2017/06/28/power-of-compound-interest/

The blockchain provides a unique opportunity of realizing the potential of compound interest.

A public ledger that is open to scrutiny back by smart contract with little to no human involvement takes away the closest skeletons that humans bring to the table. Enabled with an AI that has no desire of running away with all for itself gives added coat of protection. There isn't a burden of labor cost, or accountants cooking the books to dance investors off their feet and into their pockets. Probably the only headache would be pleasing the government with favorable taxes and getting the necessary paperwork approved.


Source: https://www.quillgroup.com.au/blog/free-kick-portfolio/

Contrary to popular belief, you don't need to wait 10 years to realize the power compound interest. Within today's financial ecosystem there are commodities/ goods or services that provide enough volatility to extract profit on a daily basis. One such example is Bitcoin, Bitcoin daily volatility provides tremendous trading opportunities. While many may see the volatility as a risk that discredit it from a safe haven asset, I see it differently, as an added coat of inherent value. It is this daily volatility that provides the opportunity of making daily interest payments. Probably this long-term and daily graph would paint a better picture

Long-term

Daily

The difficult part for any investor is finding companies that provide these sort of opportunities. From the outlook, it looks like an impossible task, as anyone can draft some ideas and sell it, make some money and run away. An I get the anxiety, its people hard earn money, "its to good to be true, then probably it is", but there are ways of getting around the noise and putting your money to work. The first and hopefully obvious thing to look for are blockchain back companies aided with AI and core team that includes quant coders, blockchain engineers, programmers, economist and security engineers. Having a cap token is an added bonus to the overall liquidity of the business model.

So as you can see, from the graphs and the business model presented above, your virtual compounding interest bank, isn't a science fiction. With the technology that is currently available, this 8th wonder is in everyone court. Probably we would have blockchain back companies popping up with these ideas or probably it already exist. At the time of writing this blog the Market Cap: $123,750,399,222 / 24h Vol: $4,974,426,436 / BTC Dominance: 45.7%, I can go on and on an pontificate on a state of freedom and wealth that this cryptocurrency ecosystem provides.

Opportunity favors the brave

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I Upvoted and resteemed because your right about crypto, and it's becoming a must have, but my only criticism would be put Tesla instead of Einstein he was so much smarter!!

hahahahahaha... Tesla official king of ideas... thanks for the resteem

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