{"id":3756,"date":"2024-04-03T10:26:59","date_gmt":"2024-04-03T15:26:59","guid":{"rendered":"https:\/\/expatsmags.com\/?p=3756"},"modified":"2024-04-03T10:28:06","modified_gmt":"2024-04-03T15:28:06","slug":"expats-their-finance-bitcoin-blastoff-why-it-is-still-possible-to-earn-huge-returns-in-bitcoin","status":"publish","type":"post","link":"https:\/\/expatsmags.com\/index.php\/2024\/04\/03\/expats-their-finance-bitcoin-blastoff-why-it-is-still-possible-to-earn-huge-returns-in-bitcoin\/","title":{"rendered":"EXPATS &#038; THEIR FINANCE &#8211; BITCOIN BLASTOFF? Why it is still possible to earn huge returns in Bitcoin"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3756\" class=\"elementor elementor-3756\">\n\t\t\t\t<div class=\"elementor-element elementor-element-af8c022 e-flex e-con-boxed e-con e-parent\" data-id=\"af8c022\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-e94fd78 e-con-full e-flex e-con e-child\" data-id=\"e94fd78\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-35ce43a elementor-widget elementor-widget-text-editor\" data-id=\"35ce43a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 29-01-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><em>Cuenca Expats Magazine, Issue 45<\/em><\/p><p>(January 21, 2024)<\/p><p>On January 3, 2024, Bitcoin turned 15. Today, in the 60,000 range in early March of 2024, it is the single best investment (in terms of growth or return) in history!\u00a0 Per the original protocol, when it is all said and done, there will be a total 21 million Bitcoins in existence, period.\u00a0 We are at approximately 19.6 million today, and it\u2019s estimated that about 15-16 million are held in tight strong hands, so there is very little supply of Bitcoin and the supply of new Bitcoins is about to be reduced again soon.<\/p><p>Despite this absolutely amazing record of growth, the majority (perhaps the vast majority) of people do not regard it as a legitimate investment or financial vehicle. In fact, many people still call it a scam, which is \u201cbacked by nothing,\u201d and which is a crazy, rank speculation, akin to a roll of the dice at a casino. And this, after the most magnificent run-up in the history of investments! There is a confluence of 3-4 large and very positive events occurring at this time for Bitcoin. Let\u2019s take a look at why Bitcoin still can give you an opportunity for superior growth, and possibly help you survive any inflation that may come along.<\/p><p><span style=\"color: #ff0000;\">1. <\/span>The next \u201chalving event\u201d will occur on 4\/25\/24. This means that the number of Bitcoins awarded to the people who \u201cmine\u201d Bitcoin will fall in half, from 6.25 BTC per block reward, to 3.125.<\/p><p><span style=\"color: #ff0000;\">2. <\/span>On 9\/6\/23 the Financial Accounting Standards Board (FASB) approved its cryptocurrency asset standards in terms of accounting and disclosure requirements for corporations. This will make it easier and more likely that corporations holding large amounts of cash will convert some of that cash to Bitcoin, or other cryptos.<\/p><p><span style=\"color: #ff0000;\">3. <\/span>On 1\/10\/24, the SEC approved 11 new cash BITCOIN ETFs (Exchange Traded Funds). As we might expect, after only 7-8 weeks, there is a torrent of money flowing into these new ETF\u2019s every day. In fact, by some estimates, there is 10 times the money rushing into the Bitcoin ETF\u2019s\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9feb9db e-con-full e-flex e-con e-child\" data-id=\"9feb9db\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b7b57d9 elementor-widget elementor-widget-image\" data-id=\"b7b57d9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 29-01-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1080\" height=\"1350\" src=\"https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/SAY-GOODBYE-TO-STRESS-AND-HELLO-TO-CONVENIENCE.png\" class=\"attachment-full size-full wp-image-3780\" alt=\"new century\" srcset=\"https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/SAY-GOODBYE-TO-STRESS-AND-HELLO-TO-CONVENIENCE.png 1080w, https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/SAY-GOODBYE-TO-STRESS-AND-HELLO-TO-CONVENIENCE-240x300.png 240w, https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/SAY-GOODBYE-TO-STRESS-AND-HELLO-TO-CONVENIENCE-819x1024.png 819w, https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/SAY-GOODBYE-TO-STRESS-AND-HELLO-TO-CONVENIENCE-768x960.png 768w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cc317c elementor-widget elementor-widget-text-editor\" data-id=\"9cc317c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>as there is in the value of new Bitcoins being moved end day!\u00a0<\/p><p><span style=\"color: #ff0000;\">4. <\/span>Finally, the 4<sup>th<\/sup> catalyst on the near-term horizon that could cause the price of Bitcoin to skyrocket by maybe a factor of 10-20 times from here, is the possibility of one or two or more countries deciding to adopt Bitcoin as an alternative currency and a strategic national asset. There have been persistent rumors that 2-3 nations in South America and 2-3 nations in the Middle East (Qatar? UAE? Saudi Arabia?) are considering very substantial purchases of Bitcoin.<\/p><p>In summary, it appears that there is a confluence of very positive events occurring right now in the Bitcoin world that should lead all open-minded people to consider adding some BTC to their overall portfolios while it is still available at these price levels. As the governments continue to print more worthless paper, or as geopolitical conditions worsen, there will be more people seeking refuge in Bitcoin.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-daac7a5 elementor-widget elementor-widget-image\" data-id=\"daac7a5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"484\" height=\"205\" src=\"https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/new-century-logo.png\" class=\"attachment-full size-full wp-image-3789\" alt=\"\" srcset=\"https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/new-century-logo.png 484w, https:\/\/expatsmags.com\/wp-content\/uploads\/2024\/04\/new-century-logo-300x127.png 300w\" sizes=\"(max-width: 484px) 100vw, 484px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22aab75 elementor-widget elementor-widget-text-editor\" data-id=\"22aab75\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Contact Email: rryerson@newcenturyplanning.com<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0bf74b5 e-flex e-con-boxed e-con e-parent\" data-id=\"0bf74b5\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8cd1b18 elementor-widget elementor-widget-heading\" data-id=\"8cd1b18\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.19.0 - 29-01-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h4 class=\"elementor-heading-title elementor-size-default\">CLICK bellow to check New Century Planning's media and network!<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4663fd2 e-con-full e-flex e-con e-parent\" data-id=\"4663fd2\" data-element_type=\"container\" 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class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-mouse-pointer elementor-repeater-item-a4f7cd0\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Mouse-pointer<\/span>\n\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fas-mouse-pointer\" viewBox=\"0 0 320 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M302.189 329.126H196.105l55.831 135.993c3.889 9.428-.555 19.999-9.444 23.999l-49.165 21.427c-9.165 4-19.443-.571-23.332-9.714l-53.053-129.136-86.664 89.138C18.729 472.71 0 463.554 0 447.977V18.299C0 1.899 19.921-6.096 30.277 5.443l284.412 292.542c11.472 11.179 3.007 31.141-12.5 31.141z\"><\/path><\/svg>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Cuenca Expats Magazine, Issue 45 (January 21, 2024) On January 3, 2024, Bitcoin turned 15. Today, in the 60,000 range in early March of 2024, it is the single best investment (in terms of growth or return) in history!\u00a0 Per the original protocol, when it is all said and done, there will be a total [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":3776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1,59,317],"tags":[275,155,250,113,277,111],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/posts\/3756"}],"collection":[{"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/comments?post=3756"}],"version-history":[{"count":21,"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/posts\/3756\/revisions"}],"predecessor-version":[{"id":4314,"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/posts\/3756\/revisions\/4314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/media\/3776"}],"wp:attachment":[{"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/media?parent=3756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/categories?post=3756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expatsmags.com\/index.php\/wp-json\/wp\/v2\/tags?post=3756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}