It's one of the biggest advantages of using crypto.
It's called 'censorship resistance.'
Let's use Bitcoin as an example.
If people don't like your speech, you can't stop them from sending you Bitcoin.
It's their cryptocurrency, their freedom of speech.
Crypto is a way of sending money to whomever you want.
This is what it means to give someone your wallet. It's really, really powerful.
1. You can easily transfer crypto.
How many of you already use Paypal, Venmo, Bank of America, NF-Tim, American Express, or Stripe? These are all centralized, big banks, right? Imagine if the banks all decided they didn't like me and blocked me from making any payments.
I'd be screwed. It's also really difficult to open a new bank account. It takes days to get approved. It's hard to get credit. Banks are in charge. This is where crypto comes in. If Paypal and Chase decided to stop working together, we wouldn't be able to transfer money.
But with crypto, we can quickly transfer to a new wallet, and it can be done in under a minute. You need to see it to believe it. Here's a list of companies that accept Bitcoin or Bitcoin Cash, like Coinbase.
2. There are plenty of companies building the infrastructure of the future.
A whole economy.
This is an incredibly important reason. We should not invest in companies that focus on only one aspect of the ecosystem. Crypto is so much more than just bitcoin. We should not trust companies that only support bitcoin, which is basically just a virtual currency.
Here's a list of the best coins you should buy. They're not all coins. There are many coins. They're all different, and we should all focus on something different.
3. Crypto is the future, the new internet.
The new internet will be decentralized, it will be fast, and it will have no censorship. This is a revolution that has not yet begun.
As the world moves more and more towards globalization and internet censorship, decentralization is going to be huge. We're all going to use crypto. Why? Because there's no censorship. Crypto is the new internet.
4. There's no middleman.
This is going to be huge. When you use the internet you're using centralization. You're using servers all over the world. When you use crypto, you have no middleman, you have no server, and you have no bank. You're using the blockchain.
This is going to change the world.
Crypto is going to change the world in a big way. People have short memory. What's that called?
5. We need to invest in a new internet, the new decentralized internet.
When people use crypto, they're sending their own money. It's their money. It's their freedom of speech. It's their money. They're not taking any risk with the middleman.
If you're using Venmo, Paypal, Western Union, or a Bitcoin ATM, you're paying a premium to use the bank's infrastructure. The bank's taking a lot of risks, taking a lot of commissions, they're taking a lot of fees, and they're taking a lot of risks by holding your money.
With crypto, you own your own money, and you don't have to trust any company.
6. Bitcoin is an investment vehicle.
Bitcoin is a new internet. It's the internet of money. Do you remember what happened the last time Bitcoin was $1,000? Or $1,500? Or $3,000? Or $8,000?
A lot of people made a lot of money. If you're looking for a new internet, then bitcoin is an incredible vehicle to invest in. Bitcoin is the new internet, the internet of money.
7. Crypto is a global phenomenon.
There are over 80 countries on this planet, right? There are 80 countries. This is really important. It's not the United States.
They can change their laws. Governments can change their laws. It's not North Korea, China, or Cuba, any government that can change. It's hard to change laws that you can't change.
This is an incredible advantage of crypto, the government can't change it. People around the world have access to crypto. I can buy my lunch and pay for my ticket to Japan.
I can pay someone from Canada to do a project in Sweden. The crypto space is global.
8. The crypto space is global.
Governments can't control it. People around the world are using crypto. It's hard to change their minds.
Governments can't change people's minds. Governments can only get people to use it if they force people to use it. It's not the future, the new internet unless people want it to be.
This is going to be a very powerful force in the world. The crypto space is global, and people use it around the world. It's a global phenomenon.
9. Crypto is going to change the world.
Bitcoin is a new internet, crypto is a new internet, and the crypto space is a global phenomenon, affecting billions of people all around the world. It's going to change the world.
