#ArizonaBTCReserve Friend G continues yesterday's post, everyone!!!
The current position of $BTC and why crypto is essential for our lives??? 💥💥
Historically, in life, transactions involving goods and services have been carried out through two main forms: direct exchange (fiat money, gold...) or online transfer + cards (using the internet). However, with the emergence of crypto, which has its own unique characteristics, it has become a safe and much more convenient payment channel with extremely high security and especially does not require an internet connection. Because crypto is stored in hardware wallets - which are physical devices, just a touch and the transfer is done. So even in crises (natural disasters, earthquakes, wars) without the internet, it is still quite easy to conduct all transactions, big or small. Physical gold is much more challenging, cumbersome to store, and very inconvenient for transactions with small values.
💥 With the wonderful applications in life, many countries have been and are implementing legal frameworks to allow crypto custody like the US (Friend G has also shared about this 2 days ago); crypto will be a significant investment channel like securities but will also carry the accumulated value like gold ❤️