Bitcoin vs. the Bank of England

 
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The Startup Investor
Dear Reader,

Yesterday, I informed a select group of readers about the Swiss banking industry's adoption of Bitcoin.

If you missed out on yesterday's email, here's a quick recap...


Today, I want to expand upon the bigger idea behind SEBA Bank's acceptance of Bitcoin, what it means for the future of cryptocurrencies, and more importantly, how it could affect you.

You see, Switzerland's SEBA bank is just one institution that's well ahead of the curve.

There has been a rise in institutional and industrial investments in Bitcoin and subsequent cryptocurrencies.

Financial institutions have begun to adopt crypto with a quickening pace, setting the tone for the remainder of 2020.

The Bank of England alongside the central banks of Japan, Sweden, and Switzerland have created an international group to explore the possibility of developing a cryptocurrency backed by central banks.

This is evidence of the growing legitimacy of cryptocurrencies around the world.

Even the U.S. federal government has drastically changed its tune on Bitcoin over the past few months.

In fact, Republican Senator Mike Crapo from Idaho said in July, "I believe that the U.S. should lead in [developing Bitcoin] and what the rules of the road should be."


If a Republican senator from Idaho is suddenly supporting Bitcoin, I don't know how much more proof you need that things are changing... and changing quickly.

Now what does that have to do with you?

These huge institutions are talking about Bitcoin, but be assured that it is not the only cryptocurrency on the rise.

There are special coins called "specific-use coins" that are producing rare and exceptional returns.

The main difference is that they are much smaller than Bitcoin, but...

Each can pack up to a 10X return!

These specific-use coins could overhaul the entire crypto industry.

Just take a look at what they've done in the past:

  • Egretia, one of our favorite specific-use coins, shot up 23,032% from March to July last year. That's enough to turn $500 into $115,000 in just four months.
  • Atlantis Blue Token jumped 15,572% from April to June in 2019. $500 would've turned into $77,000 in two months, while Bitcoin was up just a measly 79%.
Collectively, we saw 23,032% and 15,572% in new wealth when Bitcoin jumped just 179% and 79%.

But in the coming months, a possible 334% surge could slash these records.

Specific-use coins have a huge year ahead of them in 2020...

In fact, investing pioneer Michael Robinson just made a bold price projection for the new year.

Click here for the full story.

Sincerely,


Mike Ward
Publisher, Angels & Entrepreneurs

 

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