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Billionaire Genius Likes Crypto
First they ignore you. Then they laugh at you. Then they fight you. Then you win. This quote, often attributed to Gandhi, couldn’t be more true. Especially not when you consider the rise of Mark Zuckerberg, founder of Facebook. First he was ignored, as he created an “online yearbook” at Harvard. Then they laughed at him, mocking his uniform of hoodie and jeans. Then they fought him (bad press). But as one of the richest people in the world...I’d say he’s won. If Mark Zuckerberg thinks something in technology is a good idea, we’d all be wise to pay heed. So it’s interesting to see that Facebook plans to release its own cryptocurrency. If one of the brightest minds in the world thinks crypto is a good idea...then it’s not just some crazy idea your eccentric uncle raves about at Thanksgiving dinner. But there are big concerns with a Facebook cryptocurrency. As the June 18 Forbes article “Facebook's Libra White Paper Is Now Live” notes: “One of the major draws of cryptocurrencies and blockchain, is the idea that no centralized entity (such as a bank or government) controls our finances. With its history of abuse of centralized power, many suspect that Facebook with use Libra as a way to gather extensive financial data on its users.” Facebook already tracks us around the internet, logging our every move so it can target us for ads. Why wouldn’t it try to reach its tentacles into our financial life...by giving us “money” to spend and tracking how we spend it? Many people are concerned about big government, but “big tech” is just as bad. That’s why we at Regal Assets only offer the decentralized cryptocurrency bitcoin to our clients. Privacy matters. And we’ll always fight for yours. Visit Regal Wallet to find out how to invest in bitcoin and gold for your retirement, with privacy, security, and safety. So your wealth — and your financial data — is yours and yours only. We’ll ship you a free investor’s kit, which will show you how to get started with bitcoin and precious metals.
