IOTA - The single best way to create generational wealthsteemCreated with Sketch.

in #iota7 years ago

Lets face it, bitcoin is not the currency of the future. It suffers the same problems of modern capitalism. It has already shown that the model leads to a concentration of wealth and power at the top. The mining power is already controlled by a small number of pools which can act as a cartel to lead bitcoin development where they want it, not where the users want it. Large fees is what they want. I just paid $5 to move $23 worth of rewards off Coinbase. How ridiculous is that? The problem is only getting worse and even if all of the best scaling solutions are implemented, it won't be able to compete with the third generation crypto currencies.

IOTA already solves all of the scaling issues that plagues bitcoin in its current state. With truly infinitely scalable instant transactions and the possibilities of even building smart contracts on top; its potential is truly unlimited. These are still the early days of the last great opportunity to make 40,000% return on investments in crypto currency . When IOTA hits $2,500 per Mega Iota in the next few years, a whole new generation of crypto millionaires will be born. Don't get me wrong, you can still make some money in bitcoin and ethereum but the returns will be exponentially smaller. For example, back when I started buying XRP at $0.00555 and rode it up to $0.42 a few months later which provided a 7,600% return; bitcoin provided a measly 100% return when it ran from $1,000 to $2,000. You can still make money on the big stalwarts but not like you will in the third generation cryptos like IOTA.

Don't miss out on the last golden opportunity which is IOTA. I know I mentioned XRP which still has a place but the best you could hope for is $1 XRP which would only provide a 500% return. The big opportunity is gone, so don't keep hoping on the old stalwarts. Make your bets on the next generation.

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I like IOTA (I own a lot) but I don't see it being a wealth maker, you could however ride it up to 1000% with extreme patience but 4000% is a little unrealistic. It's a hodler for sure though.