Crypto is not just an asymmetric investment that can accelerate your wealth building much faster than traditional assets like stocks, gold and real estate.
It is also reshaping the global economy.
In Argentina, citizens are exchanging pesos for bitcoins and stablecoins in US dollars to escape hyperinflation.
In 2021, El Salvador became the first country to make bitcoin legal tender. Migrant workers from El Salvador now send remittances back home in bitcoins, as transaction fees are lower than sending dollars or other fiat currencies.
In Africa, merchants use a crypto payment provider called BitPay to process transactions. Across Africa, Asia and Latin America, millions of people are turning to crypto.
This is because crypto payments are faster and cheaper than traditional international money transferswhich means users can keep more of their money instead of paying high exchange rates, transfer rates or other fees. They can also transfer money to their families cheaper, faster and in a more secure way using blockchain technology compared to traditional financial payment tracks.
Blockchain technology is much faster, more efficient and more secure than the legacy financial system. You don't need a middleman. And transaction fees are a fraction of a cent.
Moreover, in the blockchain we have full control over our money. When a bank blocks your account, you are at its mercy. Our favorite digital wallet is called Phantom. It allows you to access and manage your crypto assets across multiple blockchains.
And the upcoming epic crypto market that will start after November 3, 2024 will help you increase your money several times by investing in the right crypto coins , such as :
Dogecoin (DOGE) : Grew by over 25,000% in 2021 alone, reaching an all-time high of $0.73. That's more than a 250x increase in your money, for those who got in at the start.Shiba Inu (SHIB) : Dubbed the "Killer Dogecoin", SHIB rose by over 60,000,000%, turning every $100 invested into $60 million at its peak.SafeMoon : In early 2021, SafeMoon exploded with over 60,000%, making it one of the best performing tokens in the DeFi space during that period and would have raised you 600x your money.These coins are now history, but now with the new crypto bull market, new ones are starting to come out.These coins then started the meme coins as a serious investment category, despite their fun and often humorous nature. Now, as new ecosystems emerge, meme coins continue to attract the interest of investors with the potential for life-changing profits.