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Video Description
๐ฅ TOP Crypto TIPS In My Newsletter ๐ https://guy.coinbureau.com/signup/
๐ Get 20% Binance Fee Discount ๐ https://guy.coinbureau.com/binance/
๐ Get BTC Roller Shirt ๐ https://store.coinbureau.com
๐ฒ Insider Info in my Socials ๐ https://guy.coinbureau.com/socials/
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๐บEssential Videos๐บ
Panama Papers Vid ๐ https://www.youtube.com/watch?v=f8jyzACQ6MY&t
Nigeria Crypto Ban ๐ https://www.youtube.com/watch?v=KGs9ZATMnCw&t
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โ TIMESTAMPS โ
0:00 Intro
1:59 Crypto & The Pandemic
4:42 Human Rights
9:30 Remittance Markets
12:26 Financial Exclusion
14:56 Around The World In Crypto
19:38 Conclusion
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โ๏ธ ๐ Useful Links ๐ โ๏ธ
โบ Countries with currency limitations: https://www.seb.lv/eng/business/daily-banking/transactions/cross-border-payments/countries-which-there-are-certain
โบ Bitcoin & the pandemic: https://techcrunch.com/2021/01/21/how-bitcoin-is-helping-middle-class-users-survive-the-pandemic/
โบ Global pandemic debt: https://www.bloomberg.com/graphics/2021-coronavirus-global-debt/
โบ China & the surveillance state: https://www.bbc.co.uk/news/blogs-china-blog-48552907
โบ Visa & Mastercard cut off Wikileaks: https://www.forbes.com/sites/andygreenberg/2010/12/07/visa-mastercard-move-to-choke-wikileaks/?sh=e94df032cad5
โบ Alexi Navalny: https://www.bbc.co.uk/news/world-europe-16057045
โบ Navalny accepts BTC donations: https://www.reuters.com/article/us-russia-politics-navalny-crypto-curren-idUSKBN2AB2GR
โบ Size of global remittance markets: https://www.prnewswire.com/news-releases/remittance-market-to-reach-930-44-billion-globally-by-2026-at-3-9-cagr-allied-market-research-301162761.html
โบ Crypto remittances Cuba: https://www.pymnts.com/blockchain/bitcoin/2020/bitcoin-daily-cubans-use-cryptocurrencies-remittances-united-states-sanctions-swiss-national-bank-bis-test-cbdc-integration/
โบ Philippines and crypto: https://cointelegraph.com/magazine/2021/01/29/crypto-in-the-philippines-necessity-is-the-mother-of-adoption
โบ Poverty & access to financial services: https://philippsandner.medium.com/the-impact-of-crypto-currencies-on-developing-countries-dce44c529d6b
โบ Crypto in Africa: https://www.reuters.com/article/us-crypto-currencies-africa-insight-idUSKBN25Z0Q8
โบ Crisis in Lebanon: https://apnews.com/article/middle-east-lebanon-coronavirus-pandemic-financial-markets-financial-crisis-f2b564de3fd25526979b21d1c2c11a00
โบ Venezuela adoption: https://www.coindesk.com/bitcoin-adoption-venezuela-research
โบ Crypto in Hong Kong: https://decrypt.co/8739/hong-kong-protests-accelerating-bitcoin-adoption
โบ HK turns to stablecoins: https://www.coindesk.com/hong-kong-citizens-turn-to-stablecoins-to-resist-national-security-law
~~~~~~~~
๐ Crypto & The Pandemic ๐
2020 was characterized by lockdowns and the grounding of global air travel. All that led to many people being stranded in their host country. Sure, that was no problem for some. However, those people who were residents of countries with currency restrictions started finding it hard to access their own cash.
So, what was the solution? Well, many turned to Bitcoin.
๐ข Human Rights ๐ข
Financial transactions say a lot about you and can be used as a scalable way to surveil entire populations. Even worse, payment processors like Visa can stifle free speech by cutting off funding to organizations they donโt like. Thatโs exactly what happened to WikiLeaks.
The solution? Accepting crypto donations.
๐ต Remittance Markets ๐ต
The global remittance market is set to hit $930 billion by 2026. Thatโs a ton of money that economic migrants are sending back to their families. The problem faced by these guys are high fees and even economic sanctions. In the video I explain how crypto has helped families in the Philippines and Cuba receive those payments.
๐ Financial Exclusion ๐
There are numerous studies linking poverty to financial exclusion. I explain in the vid why this is the case and how crypto is helping with all that.
๐ Around The World In Crypto ๐
I finish things up with a whistle stop tour around the world. Here I tell you how crypto is helping people in countries like Nigeria, Venezuela, Lebanon and Hong Kong. So be sure to check that out!
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๐ Disclaimer ๐
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Bitcoin #crypto #blockchain #inflation #nigeria #lebanon #venezuela
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