In 1984, two young lovers at Stanford University were frustrated. They wanted to send romantic letters to each other over the university’s computers, but they couldn’t.
They were directors of separate departments on campus. And even though their buildings were separated by only 500 yards, they couldn’t email each other.
At the time, Stanford had thousands of computers running on dozens of incompatible systems.
This was a common problem in the early 1980s. You see, most early computers couldn’t talk to one another because their networks used different software languages.
Developers had invented computer protocols to allow computers speaking different software languages to communicate…
But there was no hardware device available to enforce the protocols. If computers didn’t follow them, they couldn’t connect across networks.
The couple, Sandy Lerner and Leonard Bosack, realized the need for such a device… a “traffic cop” of the computer world.
They’re credited with creating the first network router. And it’s an invention that can’t be underestimated.
Routers are at the heart of what makes the internet work today.
They sort, organize, and direct internet traffic across thousands of networks, computers, and programming languages.
The little company started by Lerner and Bosack was Cisco Systems. Cisco launched its first successful core enterprise router (7000 series) in 1993.
Once Cisco launched the 7000 series, website growth exploded.
The number of websites boomed from 250 in 1993 to 17,000,000 in 2000.
Web traffic exceeded 100% growth per year from 1993–2000.
The value of the internet sector went from $121 million at the start of 1993 to a peak value of $2.7 trillion in 2000 – a 2,131% increase.
Cisco’s sales went from $650 million in 1993 to $18.9 billion in 2000.
Cisco grew its IPO value of $224 million in 1990 to a peak value of $552 billion in 2000… more than 20% of the entire internet ecosystem at the time.
Cisco’s routers were key to the explosion of internet technology. I tell you this because we see a similar situation unfolding today in a different technology.
Blockchain: The Next Generation Internet
The blockchain is the underlying technology of cryptocurrencies like bitcoin.
At its most basic, the blockchain is simply an online ledger shared by many parties. The ledger records and verifies transactions anonymously using cryptography. But all entries are expressed publicly. Once data is entered, it can’t be corrupted or altered.
(If it all sounds complicated, don’t worry. Most people don’t know how the internet works, but that doesn’t stop billions of people from using it every day.)
And like the internet evolved from simple platforms like AOL to massive social media networks like Facebook today, the blockchain is evolving, too.
There are hundreds of new blockchain applications popping up to solve all types of problems… from speeding up cross-border payments to creating distributed cloud data storage.
But many of these blockchains are incompatible.
Take the two most widely used blockchains in the world: bitcoin and Ethereum.
If you have data on the Ethereum blockchain… you can’t move it to the bitcoin blockchain. And vice versa.
The internet solved this problem with routers and protocols.
That’s why when you click on a Facebook or Wikipedia link from a Google search page, you arrive on their respective websites.
Even though Google, Facebook, and Wikipedia use different computer systems, they all use the same protocols, and they obey the rules of Cisco’s routers.
The protocols funnel that traffic via routers and serve them up on any connected device… regardless of which software it uses. And because those networks were able to share information, the value of the entire internet exploded higher.
Just like the internet, when blockchains can seamlessly connect and interact, a huge explosion in value will follow. It’s a phenomenon called Metcalfe’s Law.
The Network Effect
Metcalfe’s Law states that the bigger the network of users, the greater the value of the network.
People who don’t understand this “network effect” will often question its value… just like they did with Facebook, Alibaba, and Google.
But if you had the courage to defy those naysayers and pick up a small $1,000 position in each when they went public, you’d be sitting on a combined $1.1 million today.
To see how powerful the network effect is, just look at Cisco’s valuation in 2000.
At its peak valuation of $552 billion, Cisco was worth about 20% of the internet sector’s $2.7 trillion public market value at the time.
And from 1990–2000, Cisco’s stock grew at a compound rate of nearly 100% per year for 10 years.
If you put $10,000 in Cisco in 1990, you’d have about $12,809,600 at Cisco’s peak valuation… And a small $1,000 position would have been worth as much as $1,280,960.
Just like Cisco accrued value by helping the internet scale up to millions of websites today… a few small cryptos will accrue incredible value by helping bitcoin and Ethereum scale to billions of new users.
How to Invest in “the Cisco of Crypto”
Today, there are only 200 million people actively involved in crypto… But its adoption rate is growing faster than the adoption rate of the internet.
That means we’ll have billions of people in this space over the next few years.
And the next wave of blockbuster crypto projects will help bitcoin and Ethereum reach those billions of people… in fact, they’re already doing it.
These projects are creating safety features… interoperability… and simpler user interfaces for the world’s biggest blockchain networks.
They’re connecting decentralized exchanges that couldn’t speak to each other… developing decentralized payment apps… and creating decentralized social media platforms.
And the best of these projects will become the Cisco, Facebook, Alibaba, and Google of crypto.
I know decentralized technology can be confusing. But did early investors need to understand router technology to use them or make life-changing gains from Cisco?
No… But instead of fearing the technology, they embraced its potential.
Today, we’re on the cusp of another revolution as we transition from a centralized internet-based economy to a decentralized blockchain-based economy.
And the tokens that drive this transition will make fortunes for early investors… Because just one of them can represent a lifetime of wealth creation.
I call these tokens “Catch-Up Coins,” and they’ve made life-changing returns for my readers.
Just $1,000 invested at the time of my past Catch-Up Coins recommendations would have grown into as much as… $151,000, $357,000, $484,700, and even $1.5 million in as little as 10 months.
And I believe the coming Hyper Boom in usage will trigger an explosion in value for these coins… potentially sending six of them to even greater heights.
These crypto projects will help bitcoin and Ethereum reach those billions of people… and they’re already seeing huge increases in their usage.
Remember, Metcalfe’s Law states the bigger the network of users, the greater its value. And you have a chance to position yourself now… before usage in these tokens absolutely explodes even more.
Friends, you can only go from 200 million users to 5 billion users once. When bitcoin and Ethereum fully scale, it’ll be too late to catch up.
That’s why I hosted the Catch-Up Coin Hyper Boom event to show you exactly how these Catch-Up Coins work… and how they can bridge the financial gap between the life you have and the life you want – in as little as 10 months.
I’m making a replay available for a limited time only. So click here to watch it.
Let the Game Come to You!
Editor, Palm Beach Daily
P.S. More than 21,000 people logged into my Catch-Up Coin Hyper Boom on Wednesday night… And I gave away the name of my No. 1 Catch-Up Coin to everyone who attended.
My past free crypto picks could have returned more than 17 times your money on average… That means just watching this replay could be the best investment you’ll ever make.
To watch a replay of my Hyper Boom event… and get the name of my No. 1 Catch-Up Coin for free… click here.