With Crypto You Have Access, Control and Freedom
You have money and you can do whatever you like. You can keep money in the bank. You can buy something with a credit card or debit card. You can transfer money to anyone through a banking channel. In a normal situation, everything is fine and works pretty well.
It feels like you are in control, but your money in the bank can be frozen. The authority can put restrictions on your account. You may go through different questions while making transactions. That's your money and you work hard to earn that. Having restrictions seem like everything changes suddenly.
Even though you have money in the bank, you might not have access to and transfer your money anywhere. In a situation like a war, you may not send your money to your loved ones, friends, and relatives.
Due to sanctions and restrictions, you may not make transactions or it becomes very difficult to do that. On the other hand, when you have crypto, you always have access to your cryptocurrency. In spite of restrictions and sanctions, a transaction on the blockchain cannot be stopped.
You can send crypto to anyone at any time. It removes the barrier and everyone has access to crypto. Russia-Ukraine war is going on. People donate crypto to Ukrainian and no matter what happens, crypto can be a solution to help people who are in need.
Many Ukrainian went to different countries at the beginning of the Russia-Ukraine war. They have assets and money at home, but when they go to a foreign country, they cannot bring their assets with them. This is a very difficult situation to live a life.
When you have cryptocurrency, it can be always with you, no matter which part of the world you go to. You have access to your crypto assets and you can use them. The way crypto empowers people and gives them freedom and control, you may not get it anywhere.
It is just a matter of time before we will see mass adoption. People embrace crypto in their life and there is no way it can be stopped. So what do you think? Please feel free to leave your comments. Thank you for reading this post. That's it for now. I'll be back with another post.