blockchainyogi on Nostr: Bitcoin offers a lot more than traditional assets like the S&P, gold, or even cash, ...

Bitcoin offers a lot more than traditional assets like the S&P, gold, or even cash, especially when you’re traveling or dealing with international transactions.

For one, you can move your Bitcoin much faster than you can move your S&P fund. Whether you’re in the U.S. or Vietnam, sending Bitcoin is simple and quick. Plus, you can use Bitcoin globally, peer-to-peer, and many businesses around the world accept it. Now try selling a fraction of $SP, $GLD, or QQQ and see how easy it is to do that in the local market.

Cash might be useful for travel, but if you’re carrying too much, you risk getting robbed. You can keep it in your bank, but then you might run into issues like fraud alerts or having your transaction blocked when you’re trying to pay for something in Vietnam. Banks often don’t make it easy to access your money when you need it the most.

Bitcoin isn’t perfect, but it’s pretty close and definitely the best solution to the money problem. With Bitcoin being used across layers like on-chain and Lightning, it becomes even more effective and scalable, making it the ideal choice for anyone looking for a flexible, decentralized way to handle money.