Is Bitcoin Really the “Next Big Thing?”

Is Bitcoin the Next Big Thing?


In the last episode I invited you to write me with your questions and the #1 question that came in was about cryptocurrencies.

When you think of cryptocurrencies, most people think of Bitcoin. But there are 1,000s. I’d say 95% of them are ripoffs, or at least junk. Ethereum and Litecoin and a handful of others may have some future, but the big daddy is Bitcoin and that’s what the world is rallying around.

I wasn’t an early adapter of Bitcoin years ago, but now my opinion is that Bitcoin is not only here to stay, and we may be at the BEGINNING of a financial revolution:

  • The CME Group, set a date this morning for the start of bitcoin futures trading – Monday, Dec. 18
  • The Chicago Board Options Exchange plans to launch its own bitcoin derivatives trading early next year.
    • John Deters, chief strategy officer of CBOE told CNBC:
      “We’ve really come to the conclusion recently that that cryptocurrencies are here to stay.”
    • CBOE Futures Exchange announced it’s filed a product certification with the CFTC to offer its own bitcoin futures trading. It too hopes to be underway by the end of the year.
  • LedgerX won CFTC approval to offer swaps and options on Bitcoin.
  • The New York Stock Exchange began a real-time index that tracks the valuation of bitcoin.
  • In an announcement on Wednesday Nasdaq said it will launch bitcoin derivatives products in the first half of 2018.
  • PayPal cofounder told FOX Business that bitcoin is “very underestimated.”
    • PayPal announced a partnership with Coinbase to allow merchants to accept Bitcoin in place of US dollars.
  • has registered at least 4 cryptocurrency-related web domain names, including “”
  • Bitcoin is uncorrelated to any other asset. Funds may add some bitcoin as a non-correlated hedge to smooth out volatility in their portfolio.

So yes, I’m now personally convinced Bitcoin is not only legitimate, and here to stay, but I believe we’re at the very BEGINNING of what could be astronomical growth.


If you think it’s right for you, then you may be able to earn an EXTRA 10% on Bitcoin!

I setup my Bitcoin account through Coinbase because they are the leading Bitcoin platform and the first regulated bitcoin exchange in the United States.

Coinbase is also the company that the NYSE uses to base its valuation of the NYSE bitcoin index because of Coinbase’s commitments to transparency, security and regulatory compliance.


Buy or sell $100 of digital currency (or more) through Coinbase, and you and I each earn $10 of free Bitcoin!
(yes I have a financial incentive, but you get the same benefit I do).

If you buy or sell more than $100, you still only get the $10 of free Bitcoin, so the “10 percent” is based on a transaction of exactly $100.

That’s a high percentage, so as the price of Bitcoin goes up, Coinbase my end this promotion.

Also please note this offer is not available in all countries.

Bitcoin is VERY speculative and may be very risky. I’m not giving any specific recommendation as to whether you should invest in it or not. If you do want to invest in it, then only use money that you could afford to lose. You also need to know that bitcoin is extremely volatile. It’s made short-term swings of 20 to 30% or more so if you don’t have the stomach for that, it may not be for you.

But if you have an extra $100 and you’re already thinking about dipping your toe in Bitcoin, then this may be a good extra bonus to get you started.


There are limitations, so please be sure to read those once you get to that page.