by Frank Holmes, CIO, CEO, U.S. Global Investors
The revolution might not be televised, but it will most certainly be digitized.
Thatās the message, at least, of my friend Jonathan Rothās short film on blockchain technology and cryptocurrencies, titled āCryptocurrency Revolution: On the Frontlines of the Worldās Hottest Tech Opportunity.ā
I was very honored to participate in the making of this film, which takes viewers on a tour of some of the worldās key power hubs in the cryptocurrency industry. That includes Iceland, home of the Enigma Ethereum Mine.
The largest such mining farm in the world, Enigma is the crown jewel of Genesis Mining, whose billionaire cofounder and CEO, Marco Streng, likes to compare blockchain to the earliest days of the internet.
āEveryone knows by now that this space has huge potential and drives innovation, but we canāt know how big it will be,ā Marco says in the film.
Similarly, few people in the mid-1990s could have guessed just how dominant Google and Amazon would become in peopleās day-to-day lives.
This is a sentiment shared by my good friend Frank Giustra, founder of Lionsgate Entertainment, who was instrumental in helping HIVE Blockchain Technologies become the worldās very first publically-traded blockchain and cryptocurrency mining company.
āThis game will evolve. Itās not going to stay static,ā Frank says. āWe just have to figure out how to stay relevant and part of what will be a technology that is not going to go away.ā
Be a part of the digital revolution by watching the video below!
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
Free cash flowĀ (FCF) is a measure of a company's financial performance, calculated as operatingĀ cash flowĀ minus capital expenditures.Ā FCFĀ represents theĀ cashĀ that a company is able to generate after spending the money required to maintain or expand its asset base.
Holdings may change daily. Holdings are reported as of the most recent quarter-end. None of the securities mentioned in the article were held by any accounts managed by U.S. Global Investors as of 9/30/2017.
Frank Holmes has been appointed non-executive chairman of the Board of Directors of HIVE Blockchain Technologies. Both Mr. Holmes and U.S. Global Investors own shares of HIVE, directly and indirectly.
This post was originally published at Frank Talk.
Copyright Ā© U.S. Global Investors