We've become accustomed to wealth being concentrated in ports, banks, oil or industrial centres. Thanks to Bitcoin we're seeing a change to that norm.
Now a random teenager in nations like Vietnam, Argentina and Lebanon can access the same monetary asset as wall street.
For about the first time, what we're witnessing is, financial inclusion not based on permission from local institutions. A borderless asset weakens the monopoly of financial dominant regions.
Are we set to see one of the most disruptive redistributions of financial opportunity in modern history?
Bitcoin is open to all and can be accessed by everyone irrespective of age, race, sex, or nationality. The most beautiful part is that it has given individuals the opportunity to have access to a global asset without many barriers. However, everyone should be careful to understand that easy and free access to Bitcoin does not mean instant wealth and financial freedom for all those who can access it.
Bitcoin does not provide financial equality. Your chances of being successful with Bitcoin still depend on how well you understand it, your income level, risk tolerance, and your ability to pursue Bitcoin for the long term.