$0.75495 0.80%
XRP · 197w

Bitcoin Is Like The Internet In 1995

InternationalMan's Nick Giamburno is a strong advocate of international diversification - such as holding multiple passports and offshore assets. It frees you from absolute dependence on any one country. In short, international diversification minimizes the State’s power to coerce you. Bitcoin is an important part of this strategy. It’s an inherently international asset.

Bitcoin has incredible value as an international transfer mechanism. You can take any amount in and out of any country. You don’t need permission from any government.   You can send it across any border—or any number of borders—as often as you want. And there’s nothing anyone can do about it.   I’ve seen this firsthand in Latin America, where bitcoin helps people get around capital controls. (Governments use capital controls to trap money within their borders so they have more to steal.)   Bitcoin helps people bypass these restrictions. That’s because governments can’t freeze, seize, or block the transactions.   This is why bitcoin is such a disruptive and exciting technology, and why bitcoin should be a critical tool in your international diversification toolkit.   Bitcoin’s use is set to explode… and it could make you a fortune.   All the details are below in this must-read article from my friend and colleague Greg Wilson. I think you’ll enjoy it.   Greg is a true expert on all things bitcoin. He stays on top of all the breaking bitcoin news more than anyone else that I know of. This Event Could Be Bitcoin’s “Mainstream Moment”

On August 9, 1995, the internet had its “mainstream” moment.

That’s when Netscape held its initial public offering (IPO) and released its web browser, Netscape Navigator, to the world.

At that point, the internet had already been around for 15 years.

Yet despite being one of the greatest inventions in history, the world was slow to adopt. In 1995, only 0.3% of the world’s population used the internet.

The internet needed ...

Continue on zerohedge.com
Recent news
No posts found