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GM everyone. This is 2036, the crypto newsletter that pays you đź’¸
The Ethereum upgrade last week was a huge success, and bitcoin’s up 85% since the beginning of the year.
Looks like crypto is slowly crawling out of a brutal bear market.
So what does the game plan for the next few years look like?
Let’s have a look.
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If you wanted to win over the last two decades, all you had to do was buy the Internet.
Web1 - the early stages of the Internet - relied mostly on open-source protocols like email (SMTP) and web (HTTP).
But Web2 saw the emergence of big tech companies that became valuable as our usage on their platforms increased - think Facebook, Amazon, Google, Twitter, etc.
If you had bought a basket of those stocks at the turn of the century and held on for dear life, you would have made a fortune.
Take Amazon, for example. It’s up 113,800% since its IPO 26 years ago.
In hindsight, this looks like an easy, obvious bet.
But the journey there was nothing but.
See that little blip on the left before 2001?
From its peak in 1999, Amazon lost 95% of its value.
Those were the days when the media called the Internet a fad.
Naturally, people lost hope and sold everything.
But those who stuck with it made out like bandits.
And the exact same mindset applies to crypto today.
We’re at the beginning of the third wave of the Internet: the Internet of ownership.
We call it Web3 - and it takes the best Web1 (decentralization and community organization) and Web2 (advanced functionalities) and morphs them into a new paradigm:
one where the users owns the network.
Thanks to tokens, you now have a stake in the value of the network you use.
And in the process, entire business models are being revamped.
In Web 2, companies take anywhere from 25% to 100% of the revenue generated by the user.
But Web3 platforms take almost nothing:
On top of that, there is roughly the same number of crypto users today as there were Internet users in 1996:
And despite what the media tells you, the crypto ecosystem is growing faster than ever.
Of course - just like the stock of Amazon, it comes with its ups and downs.
But volatility is the price you pay for high returns. The ability to hold is a superpower.
In the last fourteen years, Bitcoin’s settled 800 million transactions worth $107 TRILLION.
In the process, bitcoin’s price is up 150% per year on average.
As crypto becomes as widespread as the Internet itself, the entire crypto market could 100x in the next 5-10 years.
So if you wanted to keep it simple, you could hold a portfolio of 50% bitcoin, 50% ETH.
Yes, new exciting players will arise, and we’ll introduce them to you over time.
But if you don’t own some bitcoin and ETH for the long term, today might be a good day to start.
And that’s what we’ll pay you to do today.
💎 We wrote a report on the top buys, sells and holdings of crypto wallets worth between $1.5 and $32 million. Refer 1 friend using this link and we’ll send over the report.
đź“ť Task
Earn $55 in ETH for opening an Ethereum wallet
A lot of our previous tasks have revolved around bitcoin.
But to celebrate Ethereum’s upgrade, we’re moving on to ETH.
So today’s task is simple: open an Ethereum wallet and send us your address to enter a raffle to win $55 in Ether (ETH).
And if you already have a wallet, you can submit that too.
If you’re looking for wallet recommendations, here are some good options:
For convenience:
For security:
Step 1: Create an Ethereum wallet if you don’t already have one
Step 2: Send us your public ETH wallet address by filling out this form
Just like last Friday, we’ll tally all the participants in a Google sheet and mathematically choose a winner at random who’ll receive $55 in ETH.
For transparency, the sheet will be viewable by all and sent out to you in Friday’s email.
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Send this email to 1 friend and receive the top buys, sells and holdings of crypto wallets worth between $1.5 and $32 million. Use this link