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If we look closely enough, we may be able to see a light at the end of the COVID-19 tunnel.
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Since the United States began shutting down in March, the greatest hope for a return to normal has been an effective vaccine.
The news was spectacular this week. Pfizer (NYSE:PFE) is BioNTech (NASDAQ:BNTX) today submitted an Emergency Use Authorization (EUA) application for their candidate, which is estimated to be 95% effective. They say they can ship the first few doses within a few hours of FDA approval.
And you’ve probably heard that another vaccine also shows an estimated 95% efficacy. Modern (NASDAQ:MRNA) plans to file for EUA within a few weeks.
The first vaccinations could arrive in December, less than a year from the start of all this. It’s astounding and shows how far healthcare technology has come. The previous fastest vaccine was for mumps and it took four years.
We all hope that everything continues in the direction it is going. Assuming it does, we face the unprecedented challenge of vaccinating virtually the whole world as quickly as possible.
This will require keeping track of everything. Who was vaccinated? What vaccine did they receive? From which production batch? Where is it shipped from? Was it stored correctly?
It is a logistical puzzle perhaps greater than any other in the world. To effectively track all of this information, government and health officials are turning to the next big transformation technology platform …
The first thing I ask of you is to put aside the idea that cryptocurrencies are fantasy internet money.
Cryptocurrencies and the blockchain technology on which they are built are revolutionary software programs.
Simply put, blockchain is the safest way to store and transfer information ever created, which makes it ideal for vaccine monitoring.
Let me give you a tiny, slightly silly example that happened to me last weekend. I went to a tailor to get a couple of new suits, including a wool one for the winter. I picked a fabric that I liked and noticed it had something on the side that said “blockchain”.
I asked what it meant and the tailor replied, “We can scan it and see exactly where this wool came from. Which country, which county, even which sheep.”
Great, right? But while that’s great, I wouldn’t call knowing which sheep’s wool comes from the life change.
However, using the blockchain to chart a vaccine for the deadliest pandemic in more than a century is I will change my life. Vaccinating the entire world will require one of the most complicated supply chains ever built. Nations and the World Health Organization believe blockchain can help.
This is the direction we are going. In the future, virtually everything in the world will be monitored by the blockchain.
Everything will change. The way you buy everyday goods and services … you buy a house … you pay your taxes … maybe even the way we’ll vote in the future.
This transformation is already underway, but the real seismic shift – when huge profits are made – comes when companies, consumers and large investors realize what’s going on.
Charlie Shrem, one of the early pioneers of cryptocurrency, and I call him “The Awakening”.
It won’t just be the most important thing that happens to cryptocurrencies. We think it will be the most important thing since the mass adoption of the Internet.
For the past 10 years, the cryptocurrency industry has been defined by bitcoin. This means many ups and downs. But things are changing as the technology becomes its own.
And don’t look now, but bitcoin is in a big rush and nearing new all-time highs …
That peak in late 2017 was when bitcoin crossed $ 20,000. You can see how it has risen about 275% from March lows, including a mighty 78% that has increased since October 1st alone. It goes without saying that bitcoin should make new all-time highs sooner rather than later … and then move forward over time.
Transformation platforms bring about total change … like when a caterpillar becomes a butterfly … or when a child becomes a teenager.
Electricity is a great example. The exploitation of electricity in the early 1900s transformed the world. It gave birth to our use of light bulbs, refrigerators, radios, televisions, telephones, air conditioners … the list goes on.
Electricity was the “platform” from which all those incredible innovations came to life. The world after we tapped into electricity seemed completely different from the one before.
These revolutions are rare. We’ve seen probably only a handful emerge in the 20th century: electricity, the internet, even smartphones.
Each presented colossal wealth creation opportunities.
THE MORE a technology changes the world for the better, the MORE revenue it will generate and the BIGGER the returns for investors.
This is why the blockchain will be so huge. This is why some high-profile insiders say it will be bigger than the internet. It will touch virtually every sector on Earth.
I’m talking about your financial and banking information … your personal health information … confidential business information … contracts … tax information … credit card payments … real estate transactions … energy .. . and so on.
It is already being used in more and more places, and this massive disruption creates a once-in-a-lifetime financial opportunity for anyone acting today.
The largest companies in the world, those with a long track record of supporting the biggest and most important trends, have just begun a new battle for crypto supremacy. Companies like it Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), is Facebook (NASDAQ:FB) are all investing billions.
Wall Street also wants to enter. Paul Tudor Jones, who is easily one of the most successful and influential investors in history, has admitted that he is a major buyer of bitcoin and that he could outperform all other assets of his legendary fund.
As governments, companies and individuals awaken to the transformative impacts of the blockchain, it could alone drive the price of bitcoin and other select cryptocurrencies to unprecedented levels. If you position yourself correctly, it could give you a fortune you could only dream of before.
At the date of publication, Matthew McCall had (neither directly nor indirectly) any position in the titles mentioned in this article.
Matthew McCall left Wall Street to help investors by introducing them to the biggest and most revolutionary trends in the world BEFORE anyone else. Click here to see what Matt has up his sleeve now.
