That's a very good point, the world is getting smaller, but is still very big.
The circumstances for me in Canada are very different from South Africa for example. Inflation is extremely low and I have zero concerns of placing my cash into an insured bank.
The utility of BTC is still concerning for me. even bonds are bought and sold to institutional and retail investors. BTC seems to be mostly shuffled around between investors on exchanges, never gaining circulation as a currency.
I have spoken to Canadians on HIVE and learning about what goes on there from what I can tell inflation isn’t an issue but you do have loads of taxes and that ads to cost to living and retained earnings.
Also not sure how crypto is handled there but if it’s similar to the UK and US it’s a bloody nightmare and might not be worth it for many
For us it’s still a bit up in the air they are obviously going to come after it eventually but while it’s still convert to fiat pay tax I can legally still stock pile this stuff without much of a tax burden
I get your concern and I agree with it, a lot of Bitcoin is just musical chairs and no real value is being created from the trade in terms of goods and services. Totally on board there and it’s something I hope happens eventually be it on satoshi or alt coin level
I just think that having value that’s internationally recognised is important.
Let’s say I move to Canada I know for sure my degree will be dismissed, my previous work experience won’t count for much, my money won’t get me far when changing it for CAD but my Bitcoin can still be sold for the same price I can sell it for in ZA I can get in Canada
I don't know your circumstances, but I doubt your degree would be dismissed and if you are in the marketing space I know that these skills transfer into Canadian markets relatively easily. If you are actually interested in moving I know of a few people within marketing companies that are looking for skilled people, and encourage remote work.
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