Menu

You can’t make this stuff up, folks. It was literally less than two years ago – September 2017, to be exact – when JPMorgan Chase CEO Jamie Dimon called Bitcoin was a fraud and declared that he would fire anyone trading it for being stupid. Fast-forward to February 2019, and they’re announcing JPM Coin, their own proprietary stablecoin.

They weren’t admitting that they were wrong, but at least they’re smart enough to join the blockchain revolution rather than try to wage a losing battle against it. Now, if you can believe it, they’ve gone a step further and predicted the death of the U.S. dollar as the world’s reserve currency.

It’s a stunning admission from a bank that has derived all of its wealth, influence, and power from the dominance of the dollar. Believe me when I tell you that the executives at JPMorgan are no dummies – they know exactly what’s coming, and they’re actively preparing for that change.

In a shocking report, JPMorgan Chase strategist Craig Cohen started by explaining that the U.S. dollar has been the world’s dominant reserve currency for almost a century. Then he dropped a bombshell, predicting that the dollar could lose its status as the world’s reserve currency, and even hinted that Asia would take the reins away from America as the world’s economic leader.

Cohen’s got a compelling point here: The Asian economic zone as a whole already accounts for two-thirds of global economic growth and 50% of global GDP. The sheer purchasing power of the region has boosted the number of non-dollar transactions, and this trend will undoubtedly continue until the dollar’s importance erodes completely.

Courtesy: IMF, @valentinaromei

What can individual investors do to prepare for these imminent changes? Cohen advises not being overweight in U.S. dollars and diversifying – a recommendation I wholeheartedly agree with. I also suggest doing what JPMorgan is doing: adding to your blockchain technology investments, like I’ve been doing with ICOx Innovations Inc. (TSX.V:ICOX, OTCQB:ICOX).

Sure, you can invest in the crypto coins themselves, but the smart money is betting on the companies that build the blockchains and tokens for these companies. It’s just like in the precious metals sector: you can bet on a gold miner, or you can bet on the company that sells the picks and shovels to that gold miner.

That’s precisely what ICOx does: they build the infrastructure so that established companies can roll out their own branded blockchains and cryptocurrencies. Believe me, this isn’t something that companies can easily do themselves – they need experts who can build the foundation while also maintaining compliance with all the regulations involved.

93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.

Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!

Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!

ICOx already has a number of large-scale projects, but perhaps their biggest one is Cathio, a subsidiary that specializes in providing payment, donation, and money-transfer solutions to the global Catholic community – that’s more than 1.3 billion potential users.

Representatives from Cathio will be in attendance at this year’s Napa Institute Summer Conference, where many of the world’s most prominent Catholic and Christian thinkers will be participating. It will be a prime opportunity for Cathio and ICOx to demonstrate how they’ll empower the Catholic economy to save money while achieving greater transparency in its financial transactions.

Courtesy: Cathio

Most importantly, their attendance at this prestigious conference will allow Cathio and ICOx to connect with the Catholic leadership on a deep level and share the vision of the Cathio platform.

It’s yet another sign that the blockchain is on its way up, while the dollar is on its way out.

Best Regards,

James Davis
FutureMoneyTrends.com

Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!

Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!

Disclaimer ICOx Innovations Inc. (the “Company”) for Forward-Looking Statements

This article contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the author believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this article include statements regarding: the potential success of Walmart’s cryptocurrency coin; the likelihood of Facebook’s Libra Coin becoming a game changer; the likelihood of Libra Project introducing cryptocurrency to 2.4 billion Facebook, Instagram and Whatsapp users; the likelihood of every major company developing their own proprietary currency in the near future; the potential uses of a Walmart currency; the likelihood that a Walmart Coin would reach 265 million customers who visit Walmart each week; the impact of a Walmart Coin on credit cards and the blockchain industry; the likelihood of other companies following Facebook and Walmart in the development of their own cryptocurrencies; the likelihood that companies will require a company such as the Company to develop their cryptocurrencies; the disruptive effects of Walmart and Facebook on the payments industry; the likelihood of companies needing the experience and expertise of the Company’s board members; the inability of companies to build blockchain technology on their own; the likelihood of BitRail and Freedom-Coin serving a community of 4.7 million registered users and potentially transacting over $650 million annually; the likelihood of Freedom-Coin becoming one of the most retail-transacted cryptocurrencies in the U.S. over the next 12 months; and the likelihood of the Companymaking the crypto revolution into a reality and creating extraordinary value for businesses, customers, and shareholders, all beneficiaries of this unique blockchain innovator. The forward-looking statements reflect the author’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the author believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include: changes in growth and size of cryptocurrency and blockchain technology market; attitude of corporations toward cryptocurrency and blockchain; the development and adoption rate of Walmart’s and Facebook’s cryptocurrencies; the continued growth and success of KODAKOne, BitRail, Cathio and GunBroker.com; the extent to which blockchain technology will be internationally implemented; potential changes for retail transactions involving cryptocurrency; changes in market conditions and other factors beyond the control of the Company.

 

Legal Notice:

This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. Future Money Trends has been compensated two hundred and fifty thousand dollars for a three months marketing agreement, directly by ICOx Innovations. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.

Please read our full disclaimer at FutureMoneyTrends.com/disclaimer

Choose to be Rich!

Enter Your Email Now to Receive My Extreme Wealth Building Ideas…

You have Successfully Subscribed!