Editor’s Note: Today, we’re sharing an insight from colleague and crypto expert Teeka Tiwari. As Teeka says, we could be living through the final bear market in crypto history. It all has to do with a special situation unfolding right now. Read on…
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Dear Reader,
Right now, we’re at a special moment in history…
You see, the crypto bear market we’re in could be the final one of this magnitude we’ll ever see.
Let’s take a brief tour of history to show you what I mean.
Think about the early days of the internet.
After the dot-com crash of 2000 and high-profile blow-ups like Pets.com, many in the mainstream media called the internet a “passing fad.”
And they were all wrong. The internet became one of the most transformational technologies in history.
Internet companies reigned over the stock market for the next two decades.
But if you dig a little deeper, you’ll notice the best tech stocks never came back down again in such a stunning fashion.
During the dot-com crash, Amazon dropped 93%, and you could get it for $6…
Microsoft dropped 63%, down to $13…
And Apple dropped 71%, down to a split-adjusted 20 cents… That was around the time I recommended it to my clients, by the way…
Out of the embers of the tech crash, the internet went from the fringes – where it was only used by tech-savvy people – to being used by the average person on the street.
In 2000, there were 250 million people who used the internet. By 2010, that number hit 2 billion.
That’s what’s about to happen with crypto.
For those who are skeptical, let me ask you this…
Why would crypto exchange Coinbase sign up more than 1,500 new institutional clients in the last year alone… including BlackRock, the $10 trillion behemoth and the world’s largest money manager?
And why would more venture capital money flow into crypto in the last six months of 2022 – in the heart of this bear market – than it did in 2021 and 2020 combined?
The world’s biggest financial institutions are still racing into crypto. I’m talking about JPMorgan Chase, Fidelity, BlackRock, BNY Mellon…
Simply put, those who control the most wealth on the planet know crypto isn’t only far from dead… but a key piece of the entire global economy moving forward.
Currently, only 3.75% of the world’s population has crypto exposure – just 300 million people.
But according to a former Goldman Sachs fund manager, that number will be 5 billion people by 2030 – over half the global population.
That’s why investors who actually understand crypto are licking their lips at this opportunity…
In fact, according to Reuters, Goldman Sachs plans to spend tens of millions on a hunt for “bargains” after the FTX collapse drove prices lower.
The Wall Street Journal reports that “mainstream hedge funds are pouring billions of dollars into crypto…”
While Alpha Week reports a “monumental level of institutional investment into crypto assets” at the end of 2022… right in the middle of this winter.
The reason institutions are investing in this asset class isn’t that they’re speculating on a fad… They’re getting into crypto because they see it as the future.
I know this may seem hard to believe. But an evolution of the internet is taking shape before our very eyes… And crypto’s underlying blockchain technology will be at its base.
We call that base Web3.
Let me explain…
Web1 was the early iteration of the internet until about 2000. You could use it to read websites… search for information… and buy items on websites like Amazon and eBay.
Web2 is the version you’re using now. It allows mobile computing… social networks like Facebook and Twitter… and multiplayer games.
It birthed the “Big Data” industry… machine learning… and search algorithms like you see on Google or Netflix.
Web3 will be a paradigm shift for the internet.
Rather than accessing the internet through services mediated by companies like Google, Apple, or Facebook, you can actually own and govern sections of the internet in Web3.
Web3 doesn’t require “permission” or central authorities that decide who gets to access what services.
It also doesn’t require “trust” or an intermediary to facilitate virtual transactions between two or more parties.
I know all of this sounds far-fetched. But the idea of sending email over a computer or streaming movies on a smartphone also seemed far-fetched at one time.
The most important thing to know is this: With Web3, you won’t be able to just send data to other people like in Web2, but also anything of value, too.
Anyone using Web3 can make a loan, borrow money, transfer real estate, or even trade fractions of the value of famous paintings with a click of the mouse.
Blockchain technology makes all this effortlessly possible.
At its simplest, the blockchain is an online ledger that tracks transactions. And it has three main advantages over traditional internet networks…
First, it’s decentralized. That means data isn’t stored in one place – it’s distributed. So blockchains are harder to hack than centralized databases, which keep data all in one place.
Second, it uses state-of-the-art encryption. So transactions are much safer.
Finally, it’s peer-to-peer. This allows individuals to transact with one another without an intermediary or middleman – lowering costs.
Because of those advantages, Emergen Research projects the Web3 industry will grow from $3.2 billion today to $81.5 billion by 2030. That’s an over 25-fold increase.
In fact, the World Economic Forum forecasts that the Web3 industry will eventually be worth $8.6 trillion.
By comparison, a study by the Internet Association estimated the current value of Web2 at only $2 trillion.
From an investment standpoint, the major difference between Web2 and Web3 is you can actually own a piece of Web3 infrastructure.
During the Industrial Revolution, the public couldn’t directly invest in the infrastructure that increased the U.S. gross domestic product (GDP), such as railroads, oil refineries, the electric grid, and the banking system.
The men who owned the infrastructure – Vanderbilt, Rockefeller, J.P. Morgan, Edison – founded some of the most profitable and revolutionary companies in history. They also made a very select few early investors wildly rich.
A century later, history repeated itself with the modern internet.
Its transformative infrastructure and technology– protocols like HTTP and TCP/ICP – let users seamlessly send data anywhere in the world… And it was the birth of Web2.
Those advances are analogs to the changes brought about by new technologies during the Industrial Revolution, and they brought the largest tech companies like Apple, Microsoft, and Google into the world.
Early investors who grabbed shares of these companies made legendary fortunes.
But unlike previous iterations of the internet, you can own a piece of the protocols that make up Web3.
That’s why I call it the “ownership economy”… Because you can actually own – and profit from – Web3 infrastructure.
All you need is the courage to make one small move now to change your financial life…
Because this bear market could be the last, best crypto-buying opportunity we’ll see in our lifetimes.
I know this from experience.
I’ve identified bear market opportunities before in my career. So I know exactly the type of life-changing wealth they can provide…
In April 2016, I made my first official recommendation to buy bitcoin for about $400 and Ethereum for $9. All while prominent tech CEOs were declaring crypto “dead.”
But I knew my timing was exactly right. I had so much conviction that I started a whole new initiative dedicated to teaching regular Americans how to invest in crypto.
During the 2017 bull market, we saw bitcoin hit a new all-time high of $20,000 – a 4,573% gain. And Ethereum – which I also recommended in 2016 at $9 – was up 16,011%.
It was the same story in 2018… Only this time, the fear and doubt were even louder.
So I pounded the table to buy bitcoin when it was trading for around $7,000. It went on to hit nearly $70,000 during the next bull market. And Ethereum got as high as $4,600.
In short, those who made one small move changed their lives forever.
Look, I understand if fear is keeping you out of crypto…
The media is full of headlines calling bitcoin a Ponzi scheme or proclaiming the death of crypto as we know it.
But those so-called experts are overlooking a significant crypto catalyst.
You see, while the broader crypto market is down and many casual investors are selling their positions, institutional investors are RACING into crypto…
Fidelity is adding crypto access to its retirement accounts…
Goldman Sachs has stated publicly that it plans to spend tens of millions of dollars buying up bargain crypto firms…
JPMorgan Chase has officially registered a trademark for its own crypto wallet…
And Berkshire Hathaway has taken a $500 million stake in a digital bank offering its own cryptocurrency.
So again, moving into crypto now could be like buying Amazon for $6 after it fell 93% in the dot-com crash.
That’s the opportunity in front of us today, and it’s why I recently held a special event called “Big T’s FINAL Call.”
During the event, I explained exactly what’s happening in crypto and what I see playing out in the year ahead… And I shared details on a massive move coming to crypto that we’ve never seen before.
You can watch a free replay of the event right here… But please, don’t wait.
This will likely be the last bear market where we can turn small stakes into meaningful, life-changing returns… And there’s no time to waste.
Let the Game Come to You!
Big T
The Bleeding Edge is the only free newsletter that delivers daily insights and information from the high-tech world as well as topics and trends relevant to investments.
The Bleeding Edge is the only free newsletter that delivers daily insights and information from the high-tech world as well as topics and trends relevant to investments.
