Bitcoin holders recognize the importance of taking control of their own freedom. A second passport could be the next step.
This is an opinion editorial by Jessica Hodlr, Director of Operations for Plan B Passport.
The rise of Bitcoin and the demand for second passports may seem like two unrelated phenomena, however, there is a common link that unites them: the desire for control.
Bitcoin and second passports have grown in popularity in recent years due to a growing distrust of government and an emerging “preparedness mentality” among many people. Both offer a way to regain control and protect yourself from the uncertainties of the world.
mistrust in government
The decentralized nature of Bitcoin means that it operates independently of any government, individual, or financial institution. This has attracted so many people who are skeptical of the traditional financial system and government control over money that we have all experienced and witnessed.
Like the interest in Bitcoin, the demand for second passports has been driven by a lack of trust in governments. Many people fear political instability, economic downturns, or other events that could threaten their safety and freedom. A second passport can offer an escape route to a country with more favorable conditions.
prep mentality
If you haven’t heard of the prepper mindset, it’s characterized by a focus on self-reliance and emergency preparedness. People who adopt this mindset often hoard supplies and develop skills they believe will come in handy in a crisis. Bitcoin and second passports are tools that can be used to prepare for the worst and protect yourself against any risk.
The decentralized nature of Bitcoin makes it resistant to government interference, which would be useful in a scenario where traditional financial systems have collapsed. In such a situation, bitcoin could serve as a medium of exchange, even if fiat currencies no longer work. Similarly, a second passport could offer a means of escape to a safer place in the event of a crisis. By having a second citizenship, people can travel to more stable countries or access resources that are not available to those who only have a passport.
Return control to the individual
As stated above, perhaps the most significant link between Bitcoin and second passports is the desire for control. Both offer people greater control over their lives and property. Bitcoin allows users to control their money without depending on any bank or financial institution. A second passport gives people greater control over their freedom of movement and access to resources.
In a world where governments and institutions are increasingly encroaching on personal liberties, Bitcoin and second passports offer people a way to take back control for themselves. By using these tools, people can take steps to protect themselves from uncertainties in the world that could prove dangerous.
Preparing for uncertainty
As people become increasingly skeptical of governments and institutions, they turn to these tools as a way to regain control of their lives and property. Whether through the decentralized nature of Bitcoin or the freedom of movement that a second passport provides, people are using these tools to prepare for the uncertainties of the world.
This is a guest post by Jessica Hodlr. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.