cryptocloud

by Derek McCloud, M.Ed

Did you know that the US dollar has lost 96% of its purchasing power since 1913 when central banking took over? The US dollar is currently experiencing even higher inflation or purchasing debasement due to the reckless and unaccountable money printing by politicians and central bankers. The purchasing power of the dollars we work so hard to obtain with blood sweat and tears are worth less and less every day.

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The Federal Reserve has gone on the record to say that they are willing to print unlimited money. People are now searching for ways to hedge against inflation in order to protect their wealth from debasement and obtain financial freedom.

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Satoshi Nakomoto created Bitcoin in 2009 to fix this monetary problem. Bitcoin makes it possible for people to send money from one person to another without a third party such as a bank or government. There will only ever be 21 million bitcoin and never any more.

Bitcoin was not designed to make you rich. Bitcoin was designed to make you FREE from a corrupt monetary system. However, massive amounts of wealth are often a side effect of being financially free.

“Bitcoin is the first and only money to perfectly pass the Five Critical Properties to Money.” ~Robert Breedlove (Economic Guru)

Let’s consider these five principles.

1) Bitcoin is perfectly DIVISIBLE. You can divide Bitcoin as small as necessary to purchase a candy bar or something else that is cheap. While Dollars are easily divisible, Gold is NOT as easily divisible. If an item is cheap, such as a candy bar, it is unlikely a person would try to shave gold dust off of a gold bar to pay for an item.

2) Bitcoin is perfectly DURABLE. It is estimated that a dollar bill can last up to 6 years before it falls apart and a new one must be made. Bitcoin can last forever as it is based on math and digital code that cannot be destroyed. Gold coins can even break or lose value from wear and tear.

3) Bitcoin is perfectly RECOGNIZABLE. Using blockchain technology, Bitcoin cannot be counterfeited ever. It is very easy to determine if a Bitcoin is real or not. Dollar bills are sometimes counterfeited where it is hard to tell if they are real or fake. Gold can be gold plated or mixed with other metals.

4) Bitcoin is perfectly PORTABLE. With a click of a button, you can send billions and billions of dollars worth of Bitcoin around the world at the speed of lightning without the need of a bank, government, or third party. This is absolutely revolutionary! Consider this, in order to move gold or even massive amounts of dollars around the world, you need security guards, a vault to store the gold or dollars, vehicles to transport the gold or dollars, etc. This is all very expensive.

5) Bitcoin is perfectly SCARCE. Gold has perceived scarcity. Gold is scarce but not fixed. Two-thirds of the gold supply has been mined since 1950. As the price of Gold goes up, people find new ways to mine it. Bitcoin has actual scarcity. It is the hardest, soundest money we have ever known. No technological breakthrough can change the supply of Bitcoin. There will never be more than 21 million Bitcoin.

Ready to buy some Bitcoin! In my opinion, the best and easiest way to do that is through Voyager, a publicly traded crypto exchange that gives you 6.25% APY on your Bitcoin.

Voyager Promo Code: Download the app and buy $100 of BTC to get $25 free Bitcoin. Use code 1AE3C8 or this link to claim your BTC: (https://voyager.onelink.me/WNly/referral?af_sub5=1AE3C8)

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Bitcoin has the Strongest Network Effect and Is Here to Stay

Throughout history, the most tradeable thing in a place will become money.

1) In prisons, a highly bartered item is cigarettes. 2) In ancient Africa, glass beads were considered rare and valuable and traded as such. 3) People have used salt and cattle as money based on the technology of that day and age.

After considering the Five Critical Properties to Money, (Money must be Divisible, Durable, Recognizable, Portable, and Scarce) it is clear that Bitcoin is now our most tradeable money. BTC is more tradable than gold or US dollars.

Bitcoin is Gold 2.0

The market cap, all the value of Gold combined, is worth 10 Trillion Dollars. The market cap of Bitcoin is currently around 1 Trillion Dollars. When Bitcoin soon reaches the market cap of gold one Bitcoin would be worth $500,000 a coin or more!

The more you study Bitcoin, the more a person can confidently invest in it.

It is unlikely BTC will be replaced by another new cryptocurrency for the same reason Wikipedia, Google, or social networks like Facebook cannot be replaced. Once a network gets strong enough it takes deep roots into the fabric of humanity. Watch Andreas Antonopoulos’ lecture on why Bitcoin is the next Bitcoin for more information.

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The BEST strategy to financial freedom couldn't be more clear.

1) Dollar-cost average into Bitcoin. Buy a little bit of Bitcoin every day, week, or month. 2) Earn interest on your BTC (see link below) 3) HODL (Hold on For Dear Life) Think long-term with your investment.

Invest in Bitcoin!

Earn 6.25% APY on your Bitcoin with Voyager

Voyager Promo Code: Download the app and buy $100 of BTC to get $25 free Bitcoin. Use code 1AE3C8 or this link to claim your BTC: (https://voyager.onelink.me/WNly/referral?af_sub5=1AE3C8)

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About the Author

Derek McCloud, M.Ed has a master’s degree in education which helps him simplify complex ideas like crypto and explain them in ways that the masses can understand. He is passionate about Bitcoin and crypto because it can provide financial freedom to those who invest wisely. He hopes that people who make massive amounts of money from crypto will help him have fresh water wells dug around the world for those in need by the year 2025. To learn more about crypto and joy, check out his youtube channel.

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*Nothing in this document should be considered financial advice. Do your own research. Only invest what you can afford to lose.

*Using referral links in this blog will offer you incentives as it also helps this blog stay alive.

*Robert Breedlove inspired many of the thoughts in this essay.

“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” ~Albert Einstein

There are so many apps for buying cryptocurrency today, so how do you choose the right one?

Here are 20 reasons why I believe the new Voyager App is the best on the market. I have also included 4 cons about the app because I owe it to you to give you my honest feedback!

Here we go!

A) Voyager is by Far, the Most User-Friendly Crypto App

1) Voyager is easy to use! The app is sleek-looking and super intuitive. This ease of use will make buying and selling crypto so much easier and in turn, promote widespread adoption of cryptocurrencies as a daily use currency. It’s the only app thus far that I haven’t had to make tutorial videos for my friends to learn to use.

2) You can link your bank account through Plaid easily and securely. I wish other apps did this. It can often be quite challenging to get banks and crypto to connect to each other efficiently but with Plaid, it’s very fast and simple.

3) You can download the app, sign up, and start trading in under 3 minutes. (75% of people can get the app working this quickly. People who are not automatically accepted will be reviewed by a person. Do not make any typos when signing up so you don’t delay the process.)

4) You can purchase over 50+ crypto coins through the app. You don’t have to do anything fancy to buy the hard-to-get altcoins.

5) You can dollar cost average easily through the app. I like to buy $10 of Bitcoin every day (no matter what the market is doing. Click this link for an explanation). I’ve made huge profits over time using this investing strategy.

6) There are ZERO fees for buying or selling crypto. It is completely free to buy and sell crypto! (However, like most crypto apps, there is a small “spread fee”, see my notes under the “Con” section below).

B) Voyager is Led by an Elite Dream Team

7) The CEO is Steve Ehrlich, former CEO of Etrade and other super successful companies. If you ever hear Ehrlich speak, his message is quite compelling. Unlike the other Crypto CEO’s, he is very charismatic and charming. You will hear a lot from him in the future.

8) One of the co-founders was the former CTO of Uber, a technology that changed the world forever! Uber y’all...Let that sink in!

9) Voyager has grand plans to be the best at customer service. Currently, this is quite lacking in the crypto space. You can email them at support@investvoyager.com, and they will reach back in a timely manner. I’ve already done this three times to test them out.

C) Voyager’s Native Token, VGX will likely 10x or more

10) VGX is the native token of Voyager. Voyager has a new loyalty program it’s implementing. You can receive interest boosts and other great rewards simply by holding more VGX tokens.

11) Voyager is currently only offered in the US but it has plans to become a worldwide app. This means more users around the world will buy VGX.

12) Voyager has a Debit Card and Credit Card in the works. VGX will be a reward for using the cards. Think of it like the “cash back” you’ve heard of with credit cards. nameThis will likely increase the value of VGX substantially. #Winning

D) Voyagers Interest Program Is The Industries Best Hands Down

13) There is currently no single app that pays you more in interest on your Bitcoin than Voyager. (They pay you up to 7.25% if you have the VGX boost). Do you realize how awesome this is?

14) Interest accruement starts automatically once you have the minimum amount of crypto for each coin. You don’t have to lock or stake your crypto. #EasyPeasy

15) You can earn 9% interest on the Stablecoin USDC. I am saving my emergency fund for my newborn son in USDC tokens in the app. USDC is a token that is tied to the US Dollar. Most regular banks give you 0.25%. What a rip-off!

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E) Voyager Has Other Features That Are Just Wonderful!!!!

16) Voyager is one of the first crypto companies that was publicly traded on the stock market. For this reason, they have a lot of accountability from their investors to create an elite and successful app.

17) Your USD in the app is FDIC insured up to $250,000. Also, a large portion of Voyager’s crypto assets are stored in a state-of-the-art ledger that is also insured.

18) Voyager is the only app that I’ve used that easily tells you your profit and loss while investing. I absolutely love this feature and wish all crypto apps had this.

19) The app promotes crypto-financial literacy. It will send you daily updates of the crypto news. It will also give you a crypto market analysis that is very well written.

20) Voyager has plans, that if successfully executed, will likely make it the number 1 crypto app in the world! This will only further increase the value of their token VGX.

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Ready to sign up for Voyager?

Here’s A Great Voyager Promo For You Voyager Referral code, get $25 when you invest $100: 1AE3C8 https://voyager.onelink.me/WNly/referral?af_sub5=1AE3C8

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Here are the Cons of the Voyager App

1) The spread fee is an average of .5% according to the calculations I made. This means for every $10 of Bitcoin you buy, you are paying five cents to the app for the purchase. This is not a big deal in my opinion, especially if you consider how much money you will make in interest from the app. (Gemini reportedly gives you a cheaper spread fee, but their interest is nowhere near as high as Voyager’s.)

2) There is no coin to coin trading. For example, if you want to turn your Ethereum into Bitcoin. You must first sell your Ethereum and then buy Bitcoin. It is just one extra step.

3) Voyager is experiencing some growing pains. The app has grown so quickly that they sometimes need more time to scale. During high traffic times in the market, sometimes withdrawals and deposits can take longer than normal. In addition to this, their customer service might take longer than normal when they have a lot of inquiries. I have had friends get approved for the app in under 3 minutes. I have also seen friends wait a week or more to get approved. I expect these issues to be solved in the near future as Voyager hires more and more high-end talent for their app.

About the Author:

Derek McCloud has a master’s degree in education which helps him simplify complex ideas like crypto and explain them in ways that the masses can understand. He is passionate about Bitcoin and crypto because it can provide financial freedom to those who invest wisely. He hopes that people who make massive amounts of money from crypto will help him have fresh water wells dug around the world for those in need by the year 2025. To learn more about crypto and joy, check out his youtube channel.

Nothing in this document should be considered financial advice. Do your own research. Only invest what you can afford to lose.

Using referral links in this blog will offer you incentives as it also helps this blog stay alive.

Sign up for the Voyager App here:

Voyager Referral code, get $25 when you invest $100: 1AE3C8 https://voyager.onelink.me/WNly/referral?af_sub5=1AE3C8

Do you want to know the number one reason people don’t invest in Bitcoin or any other crypto for that matter?

Most people do not fear that Bitcoin will be hacked. Bitcoin has proven to be very secure over the course of 12 years as it’s ledger system is both online and offline.

Most do not worry about the volatility of the price of Bitcoin. If you zoom out, it is clear to many investors that the future price of BTC will continue to raise higher and higher over time. A $100k BTC or even a 1 Million Dollar Bitcoin is a realistic price prediction when looking at stock to flow charts.

There really is no excuse to not buy Bitcoin anymore. It is beyond easy to do with great companies such as Voyager (My new favorite crypto app).

The real reason some people haven’t bought Bitcoin yet is because they fear the government will somehow ban or hurt Bitcoin as an investment.

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However, is this fear even reasonable in the United States?

Let’s consider some simple facts:

1) Many senators, congressmen, and other people in high positions of power are already pro Bitcoin.

2) Half of America will own crypto in less than a year. Coinbase is growing by over a million new users a week. It would be a political disaster for anyone who would try to ban crypto against so many voters.

3) It is realistic that many central banks will soon adopt Bitcoin. Just like central banks used to back their money by gold to provide value, it is reasonable to expect that central banks may soon back their fiat money by Bitcoin (the new gold).

If Bitcoin were to be squashed, the time to do that would have been in the very early stages. This ship has sailed away years ago. Bitcoin has become too powerful to stop.

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Andreas Antonopolous has explained Bitcoin with the easy acronym of R.I.P.C.O.R.D. Bitcoin is: Revolutionary, Public, Collaborative, Open, Resistant, and Decentralized.

A digital gold rush for Bitcoin is underway. Although some investors have feared gov’ts might try to ban Bitcoin, it is my belief that gov’ts will actually push the price higher of Bitcoin as they race to own more than other countries.

Bitcoin has become the internet 2.0. It is a technology that will benefit any country that adopts crypto. Also, consider all the money the gov’t will collect from taxes on crypto. BTW. I use Taxbit now to help me pay my crypto taxes.

If you want more info about how the US gov’t will most likely support Bitcoin and not ban it, consider watching this debate by Michael Saylor vs. Frank Giustra.

How to buy Bitcoin!

If you are ready to buy some Bitcoin, there is a Voyager Promo right now. Download the app and buy $100 of BTC to get $25 free Bitcoin. Use code 1AE3C8 or this link to claim your BTC. Voyager users are FDIC insured up to 250k USD. https://voyager.onelink.me/WNly/referral?af_sub5=1AE3C8

About the Author

Derek McCloud has a master’s degree in education which helps him simplify complex ideas like crypto and explain them in ways that the masses can understand. He is passionate about Bitcoin and crypto because it can provide financial freedom to those who invest wisely. He hopes that people who make massive amounts of money from crypto will help him have fresh water wells dug around the world for those in need by the year 2025. To learn more about crypto and joy, check out Derek's YouTube channel.

*Nothing in this document should be considered financial advice. Do your own research. Only invest what you can afford to lose.

By Derek McCloud, M.Ed

The Million Dollar Question, or should I say, the 16 Bitcoin Question is should you put some or all of your crypto in an interest-bearing account or store it offline on a cold wallet?

A cold wallet is when you store your crypto’s keys offline. Many traditional crypto investors will say this is the safest way to store your crypto. And they are right (technically). Your crypto is absolutely safe on your offline wallet as long as you 1) don’t lose your hardware wallet or stored keys (cold wallet), 2) protect it from being damaged by water, fire, and thieves 3) don’t lose or forget your password.”

*For more information about the benefits and usage of cold wallets check out Jake Snow's blog post.

If you are anything like me, I lose my car keys and my wallet at least twice weak. “Honey, have you seen my keys?” “Babe...where is my wallet?”

Just this fact alone makes me choose to use a hot wallet because I don’t want to store a massive amount of wealth on a ledger and lose it. Consider the man who threw away a hard drive with over 7,500 Bitcoin on it.

Or the guy who can’t remember his password to his ledger that has 7002 Bitcoin on it. At the current prices of around $60,000 each, that’s over 420 million dollars worth! DON’T be like these guys.

My friend Bryce said it this way, “Accidental self-sabotage from overcomplexity is the most common cause of losing crypto.”

A much simpler method of storing your crypto is using a hot wallet or storing your crypto with a crypto bank. A hot wallet is already online and you can buy or sell crypto immediately while using the app of your choice. When your crypto is stored with certain crypto banks, you are able to earn up to 6% interest or higher on your digital coins.

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Think about the last time you went to a “normal” bank. I know, Covid and such, but TRY to remember back in the past. You go to the bank, you see several people with nice suits and dresses on, a secure building, maybe a police guard and other things that must surely cost a TON of money. How do they afford millions in overhead costs per bank? They do that because they are making a killing off of you storing your money there. If you give the bank $1,000, they are investing $900 of it and keeping the $100 just in case I need it. This is called fractional reserve and it’s practiced by all traditional banks. Fortunately, the bank is kind enough to give you a measly .01% interest on your money. Maybe you put your money into a really good money-market savings account and get a little more than 1%.

Traditional banks invest your money and make a fortune off of you.

When you store your Crypto with Celsius, BlockFi, Crypto(dot)com, or Voyager those banks are giving you 6% interest or higher on your crypto. These online banks have low overhead costs and can afford to do that.

Basically, consider this, my wife desperately wants a NEW car. In order to buy my wife a new car, will I cash out my Bitcoin, heavens NO, you HODL that stuff till we hit the moon!!

NEVER ever sell your Bitcoin until you reach your financial goals. #HODL (Hold On For Dear Life)

Q: Do I get a loan from the bank? A: NO, the banks are going to steal from you and laugh at you while they do that.

Perhaps, the wisest thing for me to do to buy a car for my wife is to get a loan off of the crypto that I do have and pay around 1% interest on it. Honestly, I don’t need banks anymore. Now, I AM THE BANK. With crypto, I can call the shots and just use my crypto as collateral for things I want/need.

This is just one of the many ways crypto banks are making their money and why they can give you 6% interest or higher on your crypto.

(Update since I wrote this blog.) Here is the car I bought my pregnant wife using my Bitcoin as collateral. This is a dream come true for us! <3 name

What are the risks of storing your crypto in an interest-bearing account?

#1 The crypto bank goes under or gets hacked. Fortunately, the crypto banks I am recommending are “insured” (they are not FDIC insured or insured by the gov’t, but they do have insurance from private companies. These crypto banks usually have enough resources offline and online to reimburse you should a tragedy befall you or the crypto banks.)

#2 See risk number 1.

Conclusion: There are risks involved whether you choose to invest in crypto or choose not to invest. The US dollar is losing value/ purchasing power as we speak due to inflation while the price of Bitcoin is going up due to scarcity and there only ever being 21 million bitcoin.

There are also risks storing your crypto on a cold wallet (you could lose your password, the ledger, or the ledger could get damaged) and there are risks storing your crypto on a hot wallet (the bank could fail and not pay you back).

While I consider the risks and opportunity costs, I personally feel your safest and wisest investment is to buy some Bitcoin every week (rain or shine), and store your Bitcoin in three or more interest-bearing accounts. Why multiple accounts? There is safety in spreading your coins out among banks. God forbid if one bank goes under, you at least have your crypto available in the other banks. Don’t forget, these crypto banks have some massive security protocols, “insurance” if you will, and it is in their best interest to treat you, the customer, very well.

I have vetted these companies below myself and I use them weekly. I am not a sponsor, but wish I was. I just like these companies and their customer service.

If I own 1 whole Bitcoin, I would put .25 BTC in Celsius, Crypto(dot)com, Block, and Voyager. Use these referral links for these interest-bearing accounts and you will get a free $90 worth of BTC.

#1 Choice /// Voyager Super Easy App to Use. Download the app and buy $100 of BTC to get $25 free Bitcoin. Use code 1AE3C8 or this link to claim your BTC. Make up to 7.25% interest on your BTC. https://voyager.onelink.me/WNly/referral?af_sub5=1AE3C8

#2 Choice /// Celsius Automatically make 6.20% interest on your BTC. Join Celsius Network using this referral code 1866831288 when signing up and earn $40 in BTC with your first transfer of $400 or more! https://celsiusnetwork.app.link/1866831288

#3 Choice /// Crypto(dot)com Make up to 6.5% interest on your BTC (when you have the Jade Green Card) or 4% interest with the Ruby Steel Card. Get $25 when you apply for Ruby or Jade Card. https://crypto.com/app/tqg3f3uvj8

#4 Choice /// Blockfi Make 5% interest on your BTC. Use this referral code and earn $10 worth of BTC after depositing $100 or more. https://blockfi.com/?ref=83f569de

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About the Author

Derek McCloud, M.Ed has a master’s degree in education which helps him simplify complex ideas like crypto and explain them in ways that the masses can understand. He is passionate about Bitcoin and crypto because it can provide financial freedom to those who invest wisely. He hopes that people who make massive amounts of money from crypto will help him have fresh water wells dug around the world for those in need by the year 2025. To learn more about crypto and joy, check out his youtube channel.

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*Nothing in this document should be considered financial advice. Do your own research. Only invest what you can afford to lose.

*Using referral links in this blog will offer you incentives as it also helps this blog stay alive.