Is It Time to Invest Test the Water in Cryptocurrency

0:00 On the other hand you can carry on watching

Alright ladies and gentlemen, first of all this video is not DJ related so if you're expecting a DJ video you can turn off now and go and watch a DJ video with your valuable time. On the other hand you can carry on watching. Second disclaimer here is this video is in no way giving you financial advice. I am not a financial advisor, I am just giving information based on what I have learnt myself. What I have researched and what I know. But a lot of this video is on a theory I have. Now, let's go back to when Bitcoin appeared. Apparently it was brought in by a person as far as we know and that person gave us what's known as well as the blockchain and people started mining Bitcoin and they were worth a few cents and they exploded into thousands of dollars.

1:41 This is what I think in my mind is happening

Now what I reckon is the reason apparently no one knows who this person is, but I'm sure someone does or people do, is because I think that person was part of the 1% who practically want to run the world anyway. Why? I'll explain very shortly. Now, at the moment, as you may or may not know, there's all hell breaking loose really with the monetary system. The banks around the world are printing money just to keep everything going. People are losing jobs, businesses are stopping and all through this thing that's going on, which I don't want to talk about but you know what I'm on about there. Hopefully you do. Where's this going? Okay, well this is what I think in my mind is happening. The pitchoo that everyone knows about was really just a game plan to get a one world currency or at least cryptocurrency. Now do your own research again but Bitcoin at the moment is, you know, one Bitcoin is worth a great deal of money so this person who's got allegedly a million of them

Is a multi-millionaire by far but apparently they haven't touched one of them now that tells me that they don't need to because they've got money so it's highly likely that the person who invented bitcoin was the person who wanted to plant the seed to start cryptocurrency going knowing full well that that's what will happen in the future so in other words what you do is if you want a change you don't automatically then just change everything you just Give little bits of change to begin with, to get people used to it. And that's what this person did. Also, they're holding on to their million Bitcoin, allegedly. Like I said, which tells me that they don't need to spend it because they've got loads of money, which tells me maybe they're part of, like I said, that 1% who have got enough money that they don't have to touch anything anyway.

Also, what that means is that if and when Bitcoin does explode and get to, let's say, a million dollars per coin, then they'll be even richer, won't they? Hmm. Also, they'll probably have the lion's share of Bitcoin. But you see at the moment now... Let's say you want to buy a car from your next door neighbour or you want to go down the road, you've seen on Facebook swap shop a coffee machine for like 20 dollars, euros, pounds, shekels, whatever rupees and you go and buy it. You put your hand in your pocket, you take out some money, some currency and you hand that over and you've now purchased something from that person. Apart from it being on Facebook, or maybe it's just word of mouth. If it's word of mouth, even better. Because only the two of you know about that transaction. No one else does. That is just you and him or her or her and you and whatever. That's it. It's just the two of you. But the thing is, when cryptocurrency does take over, and I'm convinced, it's not a case of it might, or maybe it will because we're getting that way, then...

4:15 You've no longer got that freedom

When you go and buy said coffee machine or car, they will know where you were, who you bought it from, what you paid for it, what it was you paid for, and so on. Okay? So, you've no longer got that freedom. Now, you might think, well, I don't care. That doesn't bother me. You know, I mean, I'm still getting what I need because I wanted that coffee machine. I wanted that car. Does it matter if they know? Well, of course it does. Because they will know everything about you. And also, let's just say for example, you were accused of doing something you didn't actually do. You can't prove it right now, but you know in the future you'll be able to prove it. Well the system could say, well, for the time being, we're accusing you of that, we're going to stop your money. That's not a good position to be in, is it?

Well that could be the future of cryptocurrency, where it doesn't matter how much money you have or haven't got in the bank, even if you've got oodles of money in the bank, in your crypto wallet, you might not be able to get hold of it because you've been a naughty boy or girl. So they'll say, you can't have your money, which means you can't eat. It does get deeper and I don't want to talk about the deepness of how it can get, but just use your imagination. So back to crypto, alright? Probably only 1% of the world know about crypto or maybe are involved with it at the moment. And again, I am not a financial advisor, but I recommend you start to do your own research, all right? Now, let me give you an analogy. Let's imagine you and the family decide to go on holiday.

6:28 Research, tutor tutor, place never

And you want to go on holiday to somewhere that you've never been before. A new country, you want to go to South America, you want to go to India, you want to go to Africa. Now whereas normally you would go to say Spain or France or America. So you're going to places you've never ever ever been before. Now would you, think about it, would you all of a sudden pack your suitcases... The DJ Tutor, the DJ Tutor, the DJ Tutor You need to do your research first. So, that's what I'm asking you to do now. Do the research. Because with cryptocurrency, believe it or not, you are going to be going on holiday to a place you've never been before. And if you're not careful and you don't do your research now, when you get there, you'll basically have no idea what the hell's going on. So do some research now.

Alright, it's vitally important that you do a bit of research and find out what indeed is going on. And what I would not again, I'm not a financial advisor, but maybe if you can just poke your big toe in the water and check the temperature and that can be done. Alright, there are companies out there where you can play a part in cryptocurrency at the moment. Ethereum, Ripple, Bitcoin, Chainlink and so on. There are lots of them. There's always a top 10 and they are doing really well. Where are stocks and shares? I'm sorry, but you're playing apparently around with just Fed's money there, which I don't particularly want to do because they can't carry on printing money like it's going out. Actually, that's what they're doing. Printing money like it's... They are! They're printing it like it's going...

All of this is going out of fashion. Alright, so just bear all of this in mind. Thank you very much for watching and if you are interested in cryptocurrency there's a little link down there, just go and follow it. And very important, really important, remember the holiday analogy. Do some research because you're going to be going on holiday to a place you've never been before. Very, very soon. Practice and enjoy. Thank you.

This transcript was produced automatically from the audio of the video and may contain mistakes.