The borderless nature of Bitcoin enables individuals to transact with anyone, anywhere in the world from "summary" of The Bitcoin Standard by Saifedean Ammous
Bitcoin's borderless nature is a key feature that sets it apart from traditional forms of money. With Bitcoin, individuals have the ability to transact with anyone, anywhere in the world, without the need for intermediaries or permission. This opens up a whole new world of possibilities for commerce and trade, allowing people to engage in transactions that were previously impossible or prohibitively expensive. The borderless nature of Bitcoin is made possible by its decentralized and distributed nature. Unlike traditional forms of money that are controlled by governments and central banks, Bitcoin operates on a global network of computers that work together to verify and record transactions. This means that no single entity has the power to control or manipulate the system, making it truly borderless and censorship-resistant. This borderless nature has profound implications for individuals and businesses around the world. In the past, cross-border transactions we...
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