Bitcoin ATH and what does it mean for us

We have decided to share a letter from the Business Operations & Strategy Manager at Unlex Group, Donald Ross, with all our subscribers. Remember, such emails are usually considered as private and this type of communication is available only for Unlex ICO investors:

Good morning.

Despite 2020 was a tough year for many of us, it also has its ups and downs. Bitcoin (BTC) has broken its previous all-time high (ATH), set in late 2017, on many cryptocurrency exchanges on the 16th of December. This event marks Bitcoin entering a new phase of price discovery and bitcoin mining at a new level of profitability!

As reported by Unlex Group analytics, large established corporates are starting to consider crypto as a valid treasury reserve asset (e.g. Square, MicroStrategy), and asset managers around the world are adding crypto in their asset allocation recommendations for Institutional Investors and High Net Worth Individuals (e.g. Fidelity, J.P. Morgan)

Thus, we can consider Unlex Mining cloud mining platform as a coordination mechanism for open source software communities. Investing in the native crypto asset of a decentralized protocol supports the growth of the developer community and of the product (just as venture capital supports the growth of tech startups) and can also provide some form of governance rights (voting is only for Unlex ICO investors). Our end goal is to build a more secure financial system with radically lower costs for value accumulation, custody, and distribution.

Investing your crypto assets in crypto mining is, therefore, a mechanism for sophisticated investors that aim to gain ‘ownership’ and ‘exposure’ to an exploding ecosystem of new technologies and business models.
Bitcoin’s price surge marks the beginning of yet another flourishing cycle for the crypto industry, and serve as confirmation that we as blockchain experts have chosen the right direction of company development.

Crypto has been a fascinating industry for the last decade or so, and the industry is still in its infancy. Taking the longer-term perspective, it is probably safe to state that it will be a high growth space for the next 10 to 20 years.

For our part, we can assure you that countless innovations will always take place at Unlex Group. We expect that migrating currencies to crypto technology is just the first step (e.g. FTX has created crypto-assets backed by Apple or Tesla stock or SPDR’s S&P500 ETF).

In the coming year, we expect all our investors will radically transform finance, internet, and society for the better.

Yours,
Donald Ross
Business Operations & Strategy Manager
Unlex Mining Ltd, London

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