Bitcoin isnt just for the developing worlds unbanked and underbanked. It is also for every human who wishes to be a digital nomad, a remote worker, a perpetual traveller or a professional expat worker.

It is 2023. The internet has been mainstream for 25 years. The world is not the same as it was in 1980 1880 or 1780.

We now live in a world where digital nomads and remote workers can live and work from anywhere on earth, they can change accomodation on a monthly basis and transverse the globe while earning an honest and legitimate living. We live in a world where professional expat workers are brought in by large corporations and given accomodation in serviced apartments and hotels. We live in a world where it is completely normal to be a perpetual traveller and not need a permanent address.

Yet financial services still require you to provide proof of address in the form of a minimum one year lease agreement or similar. This is such a prehistoric practice. All they should require is a valid passport and perhaps proof of your tax residence in the form of a tax residence certificate. It is not the 1800s anymore, requiring proof of address is so insanely detrimental to financial inclusion. Its not only the worlds poor in developing countries that cannot provide these documents and are therefore barred from all financial services, it is now increasingly barring digital nomads, remote workers and expats from opening accounts with any new financial services platform.

Anyone who has ever moved countries and tried to open a new bank account before they have a lease agreement will attest to this. The irony is you cannot initiate a new lease agreement until you have a local bank account and you cannot get a local bank account until you have proof of address.

I seriously despise any service that requires something as draconian and ancient as proof of address to allow you access to their platform as all it does is destroy financial inclusion.

According to some statistics there are more than 40 million digital nomads, more than 100 million full time remote workers and more than 100 million expats worldwide. The financial services industry does not effectively serve these ~250 million people worldwide simply because they require "proof of address".

Luckily there is one monetary network that will allow you to use it whether you have a permanent address or not. Bitcoin doesnt discriminate, as long as you have some sats it will allow you to store your value, travel with your value and transact with your value all without ever asking for something as stupid as proof of address.

Bitcoin isnt just for the developing worlds unbanked and underbanked. It is also for every human who wishes to be a digital nomad, a remote worker, a perpetual traveller or a professional expat worker.