Advantage of Bitcoin that I think isn't talked about enough
I was aware of the BOJ rate hike and knew that there would be some volatility.
I had some cash in my brokerage account and was able to make some good trades.
But what if I didn't have cash?
It's Sunday evening and you want cash available now.
What do you do?
Sell stocks? Sorry market closed.
Pawn some gold/silver maybe a family heirloom? Well maybe the store is closed, maybe no one at the bar will buy silver from you (who is carrying around a grand in their back pocket?) OK so you have the physical cash, but it needs to be in your brokerage account to trade this can take a day if you're lucky.
Real estate? Yeah no way.
The only liquid 24/7 market is bitcoin, it's the best digitally native asset. Going from a physical good to a digital asset has so much friction.
I think opportunists will see how valuable this accessibility is.
I could see a fund selling bitcoin at 3AM in order to have cash for a buying opportunity.
We're already living in a digital 24/7 world, why shouldn't we have digital 24/7 money?
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