''Exit the system while you can''

[] [View in browser]( [View in browser]( [] From the Desk of Don Yocham: [] From the Desk of Don Yocham: [] "For Your Own Protection" Late last year, China banned all cryptocurrencies and mining — but not before talking up its own digital yuan. Earlier this year, the IMF criticized El Salvador's full-throated embrace of cryptocurrencies. And just last week, it forced Argentina to discourage crypto use in the country as terms of its latest debt deal. Plus recently, President Biden signed an executive order regulating cryptocurrencies — ostensibly to protect American consumers. But don't be fooled. While the reasons these governments and organizations tout sound noble — protecting the environment, and avoiding instability chief among them… At the core of all the hand-wringing is the realization that the status-quo is threatened by the rise of crypto. With the advent of this decentralized technology, entire ecosystems of interconnected players — governments, central banks, other middlemen — are essentially rendered redundant. With cryptocurrencies, the power of The Fed to print money out of thin air without severe consequences simply goes away. Unlike fiat dollars, crypto doesn't get "created" out of the blue at the whim of a committee. Anyone — including regular people like you or me — "create" value through a process called mining. As the name implies, mining requires work — and governments hate work. It's a lot easier to have a group vote and materialize several trillion dollars out of nowhere. In a way, the term “mining” can help us see cryptocurrencies as akin to a “digital gold” — a finite resource that can never be created or destroyed. Whatever exists, exists and that finite quality helps maintain the integrity of the system. With the rise of cryptocurrencies, one of the central powers government has co-opted since leaving the gold standard disappears in a puff of smoke. And that's what lies at the crux of everything — power. The power to create money. The power to control the flow of money. The power to track the ways money is used. So if you're wondering why the status quo is fighting so hard to make cryptocurrencies seem unsafe, unstable, unworthy of your time… look no further. The battle is one of hearts and minds. Once society wakes up to the fact that cryptocurrencies put power back in their hands, the jig is up. Within the next week or so, I will be releasing details on the next evolution of crypto. And one of the first places you’ll hear about that is in our free, private [Prosperity Pub Telegram channel](. Join me and hundreds of other Bitcoin enthusiasts and disruptive investors to be among the first to find out what’s next for the future of money. [] [Signature Don Yocham] Don Yocham [] P.S. For help getting Telegram up and running, take a look at [this guide]( we put together for you. [] "For Your Own Protection" Late last year, China banned all cryptocurrencies and mining — but not before talking up its own digital yuan. Earlier this year, the IMF criticized El Salvador's full-throated embrace of cryptocurrencies. And just last week, it forced Argentina to discourage crypto use in the country as terms of its latest debt deal. Plus recently, President Biden signed an executive order regulating cryptocurrencies — ostensibly to protect American consumers. But don't be fooled. While the reasons these governments and organizations tout sound noble — protecting the environment, and avoiding instability chief among them… At the core of all the hand-wringing is the realization that the status-quo is threatened by the rise of crypto. With the advent of this decentralized technology, entire ecosystems of interconnected players — governments, central banks, other middlemen — are essentially rendered redundant. With cryptocurrencies, the power of The Fed to print money out of thin air without severe consequences simply goes away. Unlike fiat dollars, crypto doesn't get "created" out of the blue at the whim of a committee. Anyone — including regular people like you or me — "create" value through a process called mining. As the name implies, mining requires work — and governments hate work. It's a lot easier to have a group vote and materialize several trillion dollars out of nowhere. In a way, the term “mining” can help us see cryptocurrencies as akin to a “digital gold” — a finite resource that can never be created or destroyed. Whatever exists, exists and that finite quality helps maintain the integrity of the system. With the rise of cryptocurrencies, one of the central powers government has co-opted since leaving the gold standard disappears in a puff of smoke. And that's what lies at the crux of everything — power. The power to create money. The power to control the flow of money. The power to track the ways money is used. So if you're wondering why the status quo is fighting so hard to make cryptocurrencies seem unsafe, unstable, unworthy of your time… look no further. The battle is one of hearts and minds. Once society wakes up to the fact that cryptocurrencies put power back in their hands, the jig is up. Within the next week or so, I will be releasing details on the next evolution of crypto. And one of the first places you’ll hear about that is in our free, private [Prosperity Pub Telegram channel](. Join me and hundreds of other Bitcoin enthusiasts and disruptive investors to be among the first to find out what’s next for the future of money. [] [Signature Don Yocham] Don Yocham [] P.S. For help getting Telegram up and running, take a look at [this guide]( we put together for you. [] Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. This email was sent to {EMAIL} by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 [Unsubscribe]( [] Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information. This email was sent to {EMAIL} by Prosperity Pub 495 Town Plaza | Ponte Vedra | FL | 32081 [Unsubscribe](