FINANCIAL ENTREPRENEURSHIP

SUBJECT:

*FINANCIAL ENTREPRENEURSHIP*

TOPIC:

*WHY YOU MUST CONVERT YOUR PAPER MONEY (Naira) TO BITCOIN*

Facts:

In the 80's, a bag of Cement was sold for N2.

Peogoet 504 was sold for N500.

Today! You need up to N2000 to buy a bag of Cement.

In 2014, a bag of rice was sold for N7000.

Today! 2018. The same bag of rice is going for N17,000

This is not just *inflation,* paper money is loosing value. 

In near future, your Children and mine will buy a bag of rice with N50,000.�

You want to doubt it?

Ok, How much is a Peogeot Car now?�

Let's say you bought 10bags of rice with N70,000 and its an asset that does not spoil.

Today, you will make N170,000.

If you left it in the Bank, will you get N170,000 today? Be sincere.

If you were a Salary earner, will you say you are better off or worse off?

Even if your salary was increased to N100,000.

Can N100,000 still buy 10bags of Rice at 17K/bag?

Can you see why people can't retire happily.

This is the reason they can do anything to take that which is with you to add to theirs.

*Does it make sense keeping your money in the Bank when you know it will lose value the next day?*

*Do you know why?*

FIAT (paper) is not a store of value. It is not scarce. Government/Banks prints it at will. The circulation is excessive. It is worthless.

*That's why they brought ATM machines, POS and gave you and I plastic cards so we don't carry cash. While they load our hard cash in their homes and farms. They introduced e-transfers or digital transfers to curb or reduce volume of money in circulation/inflation but, greed and corruption will not allow their brain to work efficiently.*

It is happening globally.

This is what *Bitcoin* has come to resolve.

*FACTS:*

1) a. The supply of Bitcoin is limited. Only 21000000btc will be in circulation till the world end.

b. It is decentralized meaning, government, world bank, CBN & banks will not have control over it.

You and I have.

2) it will be released every 10minutes and after every 4 years, the volume released is halved.

1st 4yrs-50btc/10mins

2nd 4yrs-25btc/10mins

3rd 4yrs-12.5btc/10mins

3) as supply is reducing, demand is increasing. This economic principle accounts for the increasing in *Bitcoin Value*

4) at inception, Bitcoin Value was 0.0025¢. Not up to N1.

Today, its value is $6705.89 more than N2,450,000.

From a value less than N1.

*Let's assume you knew about it when it was N1 and you bought 1000btc for N1000.*

Today, you will have acquired 1000btc X N2,450,000

That will be N2.4billion naira. Will you have retired?

While you and I were ignorant about this revolution, many invested and are billionaires today.

*Just like people bought a plot of land in Maitama Abuja 30 years ago with N500/N1000. And today, same plot goes for N1.2 billion naira*

1 Bitcoin will hit N10,000,000 or more by December 2018.

Why don't you find out more? Instead of sitting on the fence.

While you are still thinking, many are already *"Mining this Internet Wonder Money"*

I hope you got knowledge here.

Let's talk.

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