Greetings from Maurice Napoli, President – Head of Investor Relations.
Thank you for your interest. As NicoBit President Co-Founder, my goal is to raise capital and create an impeccable investor track record. I firmly believe that in creating our cryptocurrency mining operation at this time, our organization is poised for success!
As the Founder and Owner of BSSI Virtual (www.bssivirtualoffice.com), I have extensive experience in growing a company. BSSI Virtual corporate headquarters are in Las Vegas, Nevada and we have an active office on Fifth Avenue in New York City directly across from the Empire State Building. BSSI Virtual has been providing business support services to clients worldwide since 2007. A small company with 10 employees, 1000s of active customers and an established A+ Rating with the BBB, our service levels and company longevity are a testament to success.
We are currently raising capital for our bitcoin mining business, for which we have a warehouse that is equipped for expansion.
Plans and seed funding subscription documents are finalized. We are raising $3 million in seed funding by offering 300 shares of preferred stock at $10,000/share and Venture Debt to 150 Bitcoin for investors. This is an incredible opportunity for investors to be part of a company that is poised to be a major player in the cryptocurrency marketplace.
Looking forward to working with you.
Today, Bitcoin and other crypto currencies are steadily being adopted by the mainstream as a legitimate alternative to fiat currencies around the world. Trillions of dollars of money-printing this year by the Federal Reserve and other central banks have galvanized bitcoin’s use as a hedge against currency debasement by investors from both cryptocurrency markets and traditional finance. Even before the pandemic-related economic stimulus hit global markets, economists were already openly speculating whether the U.S. dollar could survive another decade as the world’s dominant currency for international payments and foreign reserves.
Bitcoin is no longer considered a black sheep or a vehicle for nefarious purposes as it once was. Launched in 2009 at a price of $0.0008, it surged to its high of $19,783 in 2017 and is currently at trading $18,353 as of November 23, 2020.
Currently, major financial institutions such as Citibank, UBS, Barclays, Pay Pal, Mass Mutual, and Visa among others are now recognizing Bitcoin as a legitimate financial vehicle and asset class in which to create and store value, and are now offering Bitcoin and other cryptocurrency services to its customers. JPMorgan recently said that that gold could “suffer” in the long-term as bitcoin is adopted more widely by mainstream investors and institutions.
Leading investors such as Stanley Druckenmiller, Paul Tudor Jones, and the Winklevoss brothers have recently invested hundreds of millions of dollars into cryptocurrencies. PayPal announced in October that its customers can buy, sell and hold cryptocurrencies including Bitcoin, Ether, and Litecoin in digital wallets and shop at the 26 million merchants on its network. There are more than 35 million digital wallets holding bitcoin around the world.
PayPal CEO Dan Schulman recently said “the entire world is going digital. Retailers are moving to accept payments via smartphones and QR codes and more and more customers are starting to use digital wallets, which are natural complements to digital currencies like Bitcoin.” And according to Reuters, in 2021, S&P Dow Jones plans to launch cryptocurrency indices making it the latest major finance company to enter this growing asset class.
Given the new and expanding digital economy, global macroeconomic conditions, political unrest, and continued acceptance by mainstream investors and consumers, it is clear that Bitcoin and other cryptocurrencies are here to stay and will pay an increasingly prominent role in the global financial system in the years ahead.