Too Late To The Crypto Party?
From: Riggs Eckelberry
Los Angeles, April 30, 2018
It seems everyone’s talking about crypto.
Consider these recent news items:
NASDAQ is now willing to take Bitcoin…. China is working to promote cryptocurrency (under regulation)…. The SEC seems to be softening its views on cryptocurrencies… Tim Draper predicts Bitcoin will soar as high as $250,000 in the next four years… The United Nations UN is Helping 80 Million People Fight Hunger – with crypto… Amazon will help you launch a cryptocurrency network in minutes… Initial Coin Offerings for the 1st Quarter of 2018 were worth more than the entirety of last year.
“Even the good parties have ‘Crypto’ in the title. There are crypto meetups, happy hours, retreats, brunches, panels, meditation sessions — the list goes on.” Medium.com
What? Hip parties? This is turning into a big deal :-)
You know, when I start hearing about something going mainstream, I always feel like I missed the early opportunities.
It was like that back in the nineties, with the Internet.
Have you missed the boat?
I don’t think so. We’re in what I call the second big wave of crypto, applying it to whole industries.
So for example, Warren Buffett says that Bitcoin is gambling, not investing. Maybe so!
But meanwhile, his railroad, BNSF, has become the first major U.S. railroad to join the Blockchain in Transport Alliance.
Seems that Warren Buffett doesn’t like Bitcoin, but his company loves blockchain.
And that’s what we are planning here at WaterChain. We plan to fund the next wave of modular water generation systems in the world, using blockchain*.
(Wait — do you need an explanation about all this? Check out how Lorne Lantz explained it here. To me, blockchain is basically creating self-trusted transactions. Very useful if you plan to fund many, many independent water projects.)
Speaking of trust, the US government doesn’t love the unregulated crypto market. I don’t blame them.
Fortunately, some very big players (think Goldman Sachs), are working on fully regulated blockchain markets. I believe that will ensure the problem is solved very soon.
And let me make it clear: we fully intend to be compliant with applicable regulations! I made that point on Russia’s main English-speaking TV network back in March:
(US viewers might not know the network too well, but it’s HUGE in Asia and Europe, with reportedly 700 million viewers and 25% of the world’s cable subscribers.)
And… have a great week.
PS: Sail on over to WaterChain’s Facebook page and “Like” it!
President & CEO
OriginClear, Inc. (OCLN)
Chairman, WaterChain Inc.
(An OriginClear Company)
* Important Note: It is still very early in this project, so there is no assurance this effort will succeed, or that we will successfully fund, and eventually develop, a cryptocurrency or blockchain offering.
** This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of these securities in any state in which such solicitation or sale would be unlawful prior to registration or qualification of these securities under the laws of any such state.
Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.