Crypto Is Becoming More Than an Investment... It’s a Life Saver

Crypto Is Becoming More Than an Investment… It’s a Life Saver

“Funny how our cards stop working once we leave the country, isn’t it?”

I was in the checkout lane at a convenience store in Singapore and the credit card I handed the cashier was repeatedly getting declined.

The line behind me got longer. I started to feel embarrassed and frustrated. A guy behind me quipped that American credit cards don’t work in Singapore.

I traveled from South Florida to Singapore to attend Breakpoint 2024, the world’s largest Solana conference.

On the second day of my trip, I stopped by a 7-Eleven to get some food. I had money in my bank account, but that wasn’t the problem. The problem was I just couldn’t access it.

I always keep $20 in cash on me for situations like this. But since I was in Singapore, the cashier didn’t accept my U.S. dollars.

After three attempts with two different cards, I gave up.

Aside from the embarrassment, I didn’t think it would be a big deal. Once I got back to the hotel, I’d just call the credit card company and have them activate the card.

But I thought wrong. It was a big deal.

My cell phone service provider doesn’t offer plans in Singapore. And the hotel where I stayed didn’t allow international calling. So I couldn’t contact the credit card company.

I was stuck in Singapore with no access to my bank accounts and only $20 in my pocket. Panic started to creep in.

I learned a valuable lesson that day…

It doesn’t matter whether you have $10 to your name or $10 million. If you’re locked out of the traditional financial system for whatever reason, you’re out of luck.

But as I’ll show you in today’s essay, there’s a way to gain access to your money whenever and wherever you travel in the world. So you’ll never find yourself at the mercy of traditional finance.

The Financial System of Tomorrow