No African needs permission to buy and hodl Bitcoin. Simply recognize how the ‘leaders’ in the continent have exploited the fiat based legacy financial system to enslave you thus opt out through Bitcoin.
With bitcoin acting as an alternative in inflation-ravaged countries such as Venezuela, Argentina and Nigeria, it has the potential to alleviate human strife. Maybe after reading this article, fiduciaries might suppress their own fears of crypto-volatility to simultaneously pursue superior investment returns and social impact.
The American legislature must let the American dream flourish and extend its power to Bitcoin, or it will be compelled to obey the law, and this has started to happen.
Investors who wish to add an exposure to Bitcoin in a traditional investment account, such as a retirement plan or a cash account, may do so indirectly by buying publicly listed stocks of companies involved in Bitcoin.
This is only the beginning of the awakening for the financial world, the OCC letter serves to generate confidence and in this situation of financial crisis, it is what is most needed.
But consider that Bitcoin is programmatically deflationary, can cross borders without the approval of regulators and doesn’t rely on the resilience of political institutions for its validity and there’s more than an outside chance that it could one day form the basis of international trade and become a major traded currency.
This USD/Bitcoin Ratio suggests that by 2024 Bitcoin (+681% vs USD) will outperform both Gold (+95% vs. USD) and Silver (+139% vs. USD) against the US Dollar.
We are trading our time, which is strictly limited, for a money that can be printed out of thin air with no cost or effort. In no circumstances is this a good deal, so people started looking for alternatives.
Bitcoin is much more than just a cryptocurrency.
You have to understand this if you want to really get the most out of the Bitcoin revolution. It would be a real shame to limit yourself simply to the financial side of Bitcoin.