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“It feels almost like the first email getting sent at the dawn of the internet…”
The first ever international trade transaction utilizing “blockchain” technology just took place.
[The blockchain is a secure digital ledger. It’s the root technology behind bitcoin (and all cryptocurrencies).]
The transaction would have taken 10 days to complete using current “paper-trail” banking technology and practices. But the two trading partners used the blockchain to transfer $100,000 (in exchange for cheese and butter) across oceans in under four hours.
In today’s can’t-miss 3-Minute Market Minder, The Palm Beach Letter’s Teeka Tiwari details this game-changing monetary development. And while they’d never admit it… this is the kind of thing keeping Wall Street CEOs and central bankers up at night.
Big T is adamant: If you haven’t diversified into cryptocurrencies yet, the train is about to leave the station…
Current PBL subscribers can click here to access our 2016 Cryptocurrency Survival Guide. Others can gain immediate access right here.