A very good morning, here I am again in a beautiful spot in the Dutch countryside. A short film; I have been toying with the idea of telling more about digital currencies, crypto's, bitcoin in particular and ethereum. Because a lot of people actually know very little about them and, just like in 2008 - a major crisis - we are now entering a time of anxiety for many people.
Bank buyout policy
Especially the banks in America who are printing dollars like crazy as if they were nothing. And we see that kind of movement in Europe too; the banks are buying up debt and the taxpayer gets to pay for it again. These are not good signs. That again points to a recession and how do we deal with that? And the fun and special thing about trading in general but especially in crypto-currencies is that you also learn a lot about yourself from it. How do you deal with fear? How do you deal with creating a strategy for yourself to secure some money?.
In addition, I firmly believe that Bitcoin is going to be the new gold. For that, it obviously has to start being accepted by the masses but if you just look at its fundamentals;
- what is bitcoin?
- why is it such a good invention?
You naturally start to understand why it can be a solution to the problems we are in now. You can already see it in Venezuela. Incredible hyper-inflation and people diving on crypto-currencies; the Dash, Bitcoin, to secure their assets/their money and it is working.
So it's twofold that I want to make these videos:
- tell more about what Bitcoin is to make it more known to people
- where did you get it?
- how can you use it?
Even if you put only 1% of your money in it, you can reap the benefits in a few years' time. An informed man counts for two!
What is a recession?
Recession literally means “decline” or “decline”. In an economic recession, this means there is a six-month decline in economic growth measured in Gross Domestic Product.
What is the Gross Domestic Product?
This is the value of all goods and services produced in a country in a given period. Thus, when this GDP shows negative growth for two consecutive quarters, we speak of a recession.
