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Doing the unrealistic is easier than doing the realistic -Tim Ferris
Do you know what it is to be financially unfree/stagnant, downtrodden and dependent on a system that has failed in so many ways?
If you’re reading this it means you’re in the right lane to being financially free.
Bitcoin has liberated so many and I hope you also become one.
Bitcoin’s core values since inception are equality, access, inclusion, participation and liberation.
The core of its existence and creation thus stands for social equality and justice.
Bitcoin has not only liberated individuals, it has liberated countries and states that are going down the barrel of financial insolvency and inflation.
Diverse countries adopting Bitcoin as a substitute to their fiat currencies as bitcoin has shown them the light and served as a solution aiding their respective nations. On the other hand other countries are on the path of adopting bitcoin as a legal tender, it could be said that Bitcoin serves as a currency of last resort.
In Cuba, Venezuela, El Salvador, Central African Republic, the USA, Nigeria, Bitcoin has served as a panacea to economic crisis, hyperinflation induced by corruption and wrong monetary policies in these nations. Venezuela went from being one of the richest nations in its belt to being a country plagued with inflation in a matter of years, the masses suffer the most through this storm of insolvency. Bitcoin serves as a bunker and a safe haven in these times.
To get a cup of coffee in Venezuela you need a shit load of cash to pay for it. That’s how bad it has gotten since the year 2014. In Cuba on the other hand, there have been diverse economic sanctions placed on the country, by the United States, that prevent businesses structured under the American law from doing business with Cuba. Imagine not being able to receive payments, or send money to your family living in the country, that’s insane right? deprived of the luxury of having Visa or Mastercards, PayPal, Worldremit and other forms of international transfers.
For providing services regardless of the embargo’s on the country, corporations such as the Deutsche Bank and JPMorgan, reportedly faced multimillion dollar forfeitures, that’s more than enough admonition to make financial institutions steer clear off the Cuban coasts. Bitcoin plays an active role in Cuba, with over a hundred thousand thousand people financially liberated/ included and having monetary freehold, and eliminating centralisation.
That’s a win-win series of development.
Bitcoin’s core values solves economic issues and oppression across borders, with just 21 million blocks Bitcoin to be mined till 2140, it creates a solid solution to inflation and devaluation, and financial seclusion.
It isn’t just a currency of last resort, it’s an instrument for humanitarian aid and social justification.
This is a guest post by Delé Joseph. Opinions expressed are entirely their own and do not necessarily reflect those of Satoshi’s Journal or Satoshi’s Entertainment Company.