By Kris Sayce, editor, Casey Daily Dispatch
When Tesla revealed it bought Bitcoin, stock market bears went wild.
They said it was a clear sign of the top of the market – for both Tesla and Bitcoin.
Even those bullish on both investments must have felt a little uneasy.
Well, right now there’s a meeting of two other hot investment trends.
And the stock market bears will scramble for more “bubble” comparisons – Tulips, South Sea, Mississippi, Dot-Com.
They could do that. Or maybe, they should pay attention… because they may find it worth their while…
If this is your first time reading the Dispatch, welcome. If you’ve been with us before, we’re glad to welcome you back.
At the Dispatch we have two goals:
To introduce you to the most important investing themes of the day, and
To show you how to profit from them.
We do this by showcasing ideas from our in-house investing experts: Dave Forest, Nick Giambruno, and the founder of our business, Doug Casey.
From time-to-time, we may also introduce you to other experts in the investing industry whose work we like. But today’s idea is entirely homegrown, from Casey Research expert Dave Forest…
Done… in Two Minutes
This week, we’ve shown you Dave’s research on 5G wireless technology.
Despite the attention given to 5G, most folks don’t fully appreciate the impact it will have on technology.
Remember, 5G speeds are ridiculously fast. In the example we gave yesterday, Dave downloaded Gone With The Wind (a four-hour movie) in less than two minutes. (See the demonstration here.)
With his 4G phone, he could only download 1% of the film over the same timeframe.
Maybe that doesn’t seem important. After all, does it matter if it takes two minutes or over two hours to download a movie?
The answer is, yes, it does matter…
Not just because it allows you to watch whatever movie you want whenever you want. But because it shows the incredible speeds you can get with 5G.
The download and data transfer speeds mean it’s quicker to transfer data between locations. That means for businesses, it’s quicker to analyze and interpret data.
Think of how important that is for artificial intelligence (AI) and machine learning (ML). They use and analyze huge amounts of data to help make almost instant decisions.
In a fixed-wire environment, 5G-like speeds (and faster) are already possible. But the beauty of 5G is that it’s wireless.
That makes it important for technology such as self-driving cars and trucks. Plus, automation in trains, remote piloted drones, aircraft, and of course, smaller scale applications.
And that’s where this exciting initiative comes in…
A Network of “Mini” 5G Towers
According to CoinDesk:
Helium, a technology that uses blockchains and tokens to incentivize consumers and small businesses to run commercial telecommunications hubs, is launching a 5G version of its network.
Announced Tuesday, Helium is partnering with FreedomFi, a kind of do-it-yourself tech package for building 5G networks, so that participants can be paid to support the rollout of next-generation wireless networks, effectively by building their own mini cellular towers.
That’s right. We’re talking about the match-up of 5G and cryptocurrencies (we can almost hear the collective minds of the market bears explode).
Now, the point isn’t whether Helium’s technology takes off or not… or even whether there are other, better projects that can do the same thing.
The point is that an innovation like this could spread into every corner of America… and the rest of the world.
Helium’s specialty is in the “Internet of Things” (IoT). That refers to devices or gadgets other than PCs, smartphones, tablets, and so on. Instead, IoT includes stand-alone network devices and censors.
As CoinDesk explains:
The firm’s peer-to-peer internet of things (IoT) sensors – which are used for applications like keeping tabs on e-bikes, scooters or smart pet collars – have gone from zero hotspots in 2019 to almost 30,000 today, with some 200,000 more already paid for and in the pipeline.
Don’t underestimate the importance of this tech.
Throughout history, increased communication speeds have helped drive innovation and standard of living improvements.
From human power, to harnessing animals, to sail ships, steamships, railroads, and motor cars. From air travel, the telegraph, telephone, the internet, and fiber optic cabling.
Now the latest innovation is 5G wireless technology. And it could have an even bigger impact on the world.
As we’ve mentioned before, Dave is on top of this trend. He says it’s the single best investment opportunity investors will see this year. It’s hard to argue with that.
You can check out Dave’s research here.
Editor, Casey Daily Dispatch