💉 Crypto & The Pandemic 💉
2020 was characterized by lockdowns and the grounding of global air travel. All that led to many people being stranded in their host country. Sure, that was no problem for some. However, those people who were residents of countries with currency restrictions started finding it hard to access their own cash. So, what was the solution? Well, many turned to Bitcoin.
📢 Human Rights 📢
Financial transactions say a lot about you and can be used as a scalable way to surveil entire populations. Even worse, payment processors like Visa can stifle free speech by cutting off funding to organizations they don’t like. That’s exactly what happened to WikiLeaks. The solution? Accepting crypto donations.
💵 Remittance Markets 💵
The global remittance market is set to hit $930 billion by 2026. That’s a ton of money that economic migrants are sending back to their families. The problem faced by these guys are high fees and even economic sanctions. In the video I explain how crypto has helped families in the Philippines and Cuba receive those payments.
🛑 Financial Exclusion 🛑
There are numerous studies linking poverty to financial exclusion. I explain in the vid why this is the case and how crypto is helping with all that.
🌎 Around The World In Crypto 🌎
I finish things up with a whistle stop tour around the world. Here I tell you how crypto is helping people in countries like Nigeria, Venezuela, Lebanon and Hong Kong. So be sure to check that out!
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.