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15/11/2021
The Government of El Salvador holds a total of 1120 Bitcoins. After the Country passed a bill on 7 September 2021 declar...
09/11/2021

The Government of El Salvador holds a total of 1120 Bitcoins. After the Country passed a bill on 7 September 2021 declaring Bitcoin as legal tender.

Since then the El Salvador Government has been accumulating Bitcoin, a very smart move by the government to buy the dips,

El Salvador bought bitcoin when the price range was between USD 45,000 - USD 53,000.

On 7 Sept 2021 El Salvador bought 400 Bitcoins for 20.9 Million USD, one Bitcoin costing USD 52,250,

At todays rate per Bitcoin being : USD 67,500

$67,500 X 400 = 27 Million USD,

The Govt of El Salvador has a profit of 6.1 Million USD.

And now plans to build 20 Schools using Bitcoin profits.

Crypto is a deflationary currency, take Bitcoin for example, inflation is catching up, notice things getting expensive, ...
08/11/2021

Crypto is a deflationary currency, take Bitcoin for example,

inflation is catching up, notice things getting expensive, Governments around the world will keep printing more money to pay us more, however the money sitting in your bank earned from sweat and hard work will be worth less and less every day.

Central banks do not have a limit to how much much they can print, they can never stop printing.

However the point to note is there is only 23 Million in the entire Crypto market.

For a better understanding, Note* Not every rich millionaire can own a whole Bitcoin, there are so much millionaires but there is only 23 Million Bitcoins,

That is why it is an deflationary currency hence the price will only go up as more people adopt it and use it for example countries like El Salvador are using it as legal tender.

I think it is very important to store some of your saving in Cryto currency’s.

We are so lucky to be at the start of the Cryto revolution, this is just similar to the beginning of the internet in 1999, the mass population are yet to join but just with this much users we are achieving significant results.

Cryto revolution will be explosive than the start of the internet in 1999.

29/11/2020

SINGAPORE,
Consistency, Persistence, Discipline
Singapore was told they had nothing when Malaysia decided to part Singapore. Today it is the richest economy in South East Asia.

29/11/2020

PM LEE KUAN YEW

16/09/2020

Happy Birthday Former Prime Minister Lee Kuan Yew

28/08/2020

Reliance Jio builds their own 5G Equipment

22/08/2020

21.3 Million Kina Maserati

01/08/2020

During this covid 19 we have to keep healthy. To do this we can add some herbs to our diet to make us more stronger and more immune. We can plan for the best and prepare for the worst.

01/08/2020
09/07/2020

Why I don’t drink soft drinks
Drink more Fresh Fruit Juices

23/06/2020

I LIVE IN PARADISE

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Happy Birthday Former Prime Minister Lee Kuan Yew
Happy Birthday Former Prime Minister Lee Kuan Yew

Happy Birthday Former Prime Minister Lee Kuan Yew

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