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America Just Celebrated Independence Day, and It’s a Reminder of What BTC Stands For

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It was recently the 4th of July, aka Independence Day, in America, and let this serve as just another reminder of the independence that users can gain by incorporating digital currency into their lives.

America, in Many Ways, IS Bitcoin

Close to 250 years ago, the Founding Fathers of America created a new nation; one where everyone was created equal. A nation where people could pursue “life, liberty, and the pursuit of happiness” without oppression, without government intervention, and without fear of persecution. This is the image they had in their heads for America, and now, over two centuries later, that image is being enhanced through assets like bitcoin, Ethereum, and others.

The big thing about digital currencies is that they are designed to improve upon financial autonomy and freedom. Right now, the standard financial industry has too much say in what people can and cannot do with their money. If you were to go to a bank, for example, and try to get your hands on a checking or savings account, there’s a good chance you’d be subjected to a background check. Those in charge at the bank will want to know what kind of jobs you’ve held, if you’ve ever gone bankrupt or defaulted on a loan, etc.

If there’s anything in your personal history – financial or otherwise – that these executives don’t like, there’s a good chance you won’t gain access to the institution’s services and tools, many of which will be necessary for your survival and for the care of your family or others close to you.

With crypto, however, none of this is ever considered, much less thrown into the mix. With crypto, if you have a digital wallet and an internet connection, you’re already off to a great start, and in many ways, these items will be all you’ll need to begin trading, buying, selling, and investing in crypto assets. It’s that simple, and nobody’s going to look at your personal history or anything like that. You won’t be told what you can do with your assets, and your finances will be fully in your control.

Bitcoin Enhances the Views of the Founding Fathers

While bitcoin may not be as old as America (it was first mined in January of 2009 and had its whitepaper introduced to the public just a few months prior), the ideals behind it are the same. America and bitcoin both stand for freedom, and these ideals need to be taken to heart.

In celebrating America, one is also celebrating everything bitcoin and crypto stand for. In many ways, it’s odd that bitcoin has not been made a national currency given it stands for everything this nation stands for. With that, we say, “Happy Independence Day” to the crypto community! May your notions of freedom stay with you forever.

Nick Marinoff
Nick Marinoffhttps://www.livebitcoinnews.com/
Nick Marinoff is currently a lead news writer and editor for Money & Tech, a San Francisco-based broadcasting station that reports on all things digital currency-related. He has also written for a number of other online and print publications including Black Impact Magazine, EKT Interactive, Seal Beach USA and Benzinga.com, to name a few. He has recently published his first e-book "Take a 'Loan' Off Your Shoulders: 14 Simple Tricks for Graduating Debt Free" now available on Amazon. He is excited about the potential digital currency offers, particularly its ability to finance unbanked populations and bring nations together financially.

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