Why the Fortress Investment Group Should Have Bitcoin Investments?

The Fortress Investment Group has a very wide variety of assets in its portfolio. Do these include Bitcoin and other cryptocurrencies? Why should the Fortress be mining Bitcoin?

Bitcoin is an Investment

When the Spanish found all of the South American gold mines, they were ecstatic. Gold was money. It gave them the money, they needed to build a powerful empire.That is kind of the mindset of Bitcoin miners. They are making digital money. They envision themselves as the Spanish Conquistadors. They plan on ruling the world.So, why doesn’t the Fortress Investment Group get involved in Bitcoin mining? It would increase cash flow. It could generate its own digital capital. SoftBank purchased Fortress for some $3.3 billion in 2017 and surely some of that could be used for Bitcoin mining. The potential is dramatic.The United States has a good infrastructure with plenty of electricity. It would be easy to run Bitcoin miners 24/7/365. This could also help with the American deficit problems. They could pay their bills with Bitcoin.Bitcoin has moved from being an experiment to being an investment. Fortress is acting like an investment bank, so it only makes sense that it would add cryptocurrencies, doesn’t it?

Paid in Bitcoin

Investing in digital tokens would diversify the portfolio of the Fortress. It could expand into a new realm. Bitcoin is popular with the young generation.More and more products and services will be purchased with Bitcoin. Eventually, the Fortress is likely to have some Bitcoin on its books. So, it might as well jump in feet first and start investing in the cryptocurrency.As a Bitcoin miner, it could have more control over its eMoney. It would understand the process for making the coins. This would give it leverage.Fortress has been involved in IPOs, why not ICOs? The Fortress Investment Group could expand its financial services to create new digital coins. It could charge underwriting fees for the new companies.

Digital Money

Whether the Fortress Investment Group likes it or not, Bitcoin is money. If the Fortress Investment Group wants to be relevant, it must use the currency of the world. After SoftBank purchased the Fortress Investment Group, it probably started using the Japanese yen. Why not add Bitcoin too?Bitcoin has many volatile days. Fortress could speculate on the price movements, just as it has speculated on other assets. Some think that Bitcoin could replace paper money. SoftBank wants to prepare for the future, so it might want to think about Bitcoin. #Perhaps, that is the new path for the Fortress. After, SoftBank took it over, it needed to find more profitable assets. Now, it can become the Fortress of Bitcoin.

Paul Mampilly’s Profits Unlimited Newsletter Has Surpassed The 60,000 Subscribers Mark

In the age of the internet, nothing is more treasured like web traffic and subscribers.

Investor Paul Mampilly’s newsletter, Profits Unlimited records an impressive 60,000 subscribers. The newsletter has now gone into the books as one of the fastest growing newsletters in the finance and investment sector.

Mr. Mampilly who has a solid professional history in hedge fund management has had a bright career in Wall Street. He has a cumulative 20 years of experience working on Wall Street with big clients such ING, Deutsche Bank and even Kinetics International. The Templeton Foundation honored him with an award when he achieved 76% gain in an investment of $50 million, and this was during the peak of the financial crisis.

Profits Unlimited was created to guide Main Street Americans into the art of making profits through investment. Mampilly partnered with Banyan Hill Publishing in the year 2016 as his publisher for the newsletter.

The newsletter has a rich source of investment advice. Every month, subscribers can find a recommendation of the most promising stock. It doesn’t stop there, Mampilly goes further by tracking the performance of the recommended stocks over time on his website.

After furnishing his subscribers with the right investment advice, Paul Mampilly provides an alternative way of buying stock. In place of the usual arrangement whereby a financial advisor buys stock on behalf of a client, Mampilly lets customers buy shares in through their individual brokerage accounts.

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Examples of best-performing stocks, rightfully predicted by Mampilly include the stock of One Stock, a company that deals with semiconductors. The stock has been up by 160% from the time he predicted its performance.

Before directing all his energies in advising people or how to get started and manage their investment, Paul Mampilly worked as the Managing Director, Co-Portfolio Manager at the Kinetics Asset Management, LLC.

Click here to learn more about Paul Mampilly.