Bitcoin Remains the Best Solution for Cross Border Money Transfers

Bitcoin’s other strengths would almost make you forget this essential quality.

The economic crisis that is starting to unfold highlights the flaws of the monetary and financial system, but also the advantages of Bitcoin. Under the guise of supporting the U.S. economy, the Fed has already decided to inject more than $8T into the fiat system.

The Fed has, according to its terms, an unlimited amount of U.S. dollar at its disposal, and it is determined to save the monetary and financial system no matter what it costs. It must be said that the bill will not be paid by the governors of this prestigious institution.

In fact, the bill for this meteoric increase in the money supply of the U.S. dollar will be paid by American citizens. As always, I should say.

In the face of the currency devaluation that we will all face in the coming months, Bitcoin is emerging as one of the best hedge available to citizens. Many of the disappointed in the fiat system are beginning to take a strong interest in Bitcoin and its unique monetary policy.

I speak of a unique monetary policy because Bitcoin protects what its users own while being totally independent of the arbitrary side of human decisions. With Bitcoin, everything is written in the source code of its Blockchain. You won’t have any unpleasant surprises, because everything is automatic and predictable.

These incredible advantages of Bitcoin in times of crisis would almost make people who hear about it for the first time now almost forget that Bitcoin is also the most efficient and secure payment system in the world for making cross border money transfers at low fees.

A few multi-million dollar Bitcoin transactions that I just saw on its Blockchain made me want to recall how beneficial Bitcoin is for this use case as well.