Recently, I wired some money to my mother, who lives in England.

The payments company charged me $70 for the transaction – plus a 5–10% foreign exchange fee.

Despite the hefty fees, it lost the wire transaction for three weeks. So my mom had to wait nearly a month for the transaction to settle and receive her money.

Meanwhile, I started dipping my toes back into the non-fungible token (NFT) market.

Despite the negativity surrounding the NFT space, I still believe the digital collectibles market will be worth hundreds of billions of dollars in the coming years.

(I’ll save that conversation for another day.)

At the same time my mom was waiting for her money to arrive… I decided to buy some digital art I’ve had my eyes on for a while.

So I moved over $500,000 worth of Ethereum (ETH) from my wallet to an NFT platform. It took just a few minutes and cost just 53 cents.

That’s unbelievable.

My point is this: Despite all the negativity you here in the mainstream press, crypto projects continue to meet real needs and add real value.

When I wire money from the United States to Europe using traditional financial firms, it can cost thousands of dollars in fees and take two to three days to settle.

By using blockchain technology, I can send the same amount of money in a fraction of the time (minutes instead of days) and at a fraction of the cost (pennies instead of hundreds or thousands of dollars).

Here’s why I’m telling you this…

Crypto is under regulatory attack, especially in America. But this technology is so groundbreaking – it doesn’t need America for it to become an enormous ecosystem.

Crypto Is a Global Phenomenon

There are few – if any – industries in the world that can survive without access to the U.S. market.

They either need American consumers, American technology, American legal or security protection, or American ingenuity.

Crypto wants access to the U.S. market – and I believe eventually it will get it. But it doesn’t need it.

There are 8 billion people in the world. The U.S. population is about 336 million people. So we make up just 4% of the world’s population.

Of course, the United States is the world’s largest economy. But let’s take the worst-case scenario and says the U.S. government completely bans crypto.

That would be a blow… But crypto would just migrate elsewhere.

Where would that be?

Well, the world’s second- and third-largest economies have recently implemented new regulations to enable the crypto industry to operate.

On June 1, China allowed crypto exchanges to begin servicing retail investors in its Hong Kong territory.

And China’s already taking advantage of Securities and Exchange Commission (SEC) Chair Gary Gensler’s “anti-crypto reign of terror” in the United States.

Earlier this month, Gensler sued Coinbase and the U.S. subsidiary of Binance for allegedly operating as unlicensed exchanges.

As I wrote last week, I believe Gensler is basically trying to put them out of business to pave the way for his friends on Wall Street to take over crypto.

And we saw evidence of that on Thursday.

According to reports, the world’s largest asset manager, BlackRock, said it plans to file an application to register a bitcoin exchange-traded fund (ETF) with the SEC.

And it’s partnering with none other than Coinbase to do it. (The same Coinbase the SEC is suing.)

While Gensler is making it difficult for crypto projects in the United States, what he’s really doing is pushing the industry into China’s welcoming arms.

A few days after the SEC announced its lawsuit against Coinbase, a Hong Kong lawmaker invited the exchange to operate in the territory.

“I hereby offer an invitation to welcome all global virtual asset trading operators including @coinbase to come to HK for application of official trading platforms and further development plans,” Hong Kong legislative council member Johnny Ng said in a tweet on June 10.

And China isn’t alone…

Last month, the European Union passed a new crypto licensing regime, Markets in Crypto-Assets (MiCA). Its goal is to establish a regulatory framework for crypto companies to operate under in the EU, the world’s third-largest economy.

The framework will provide compliance rules for crypto exchanges, stablecoin issuers, and custodial services.

These rules aim to enhance clarity for consumers and put safeguards in place to protect user assets. We can expect them to go into effect over the next 18 months.

Combined, the gross domestic product (GDP) of China and the EU is $36 trillion. That’s compared to $26 trillion in the United States.

That’s why I say crypto doesn’t need America to survive.

America Will Eventually Support Crypto

Friends, Gary Gensler risks forsaking America’s lead in what I believe will be one of the most widespread technological adoptions in history.

We’ve seen bitcoin drop below $25,000 since his crusade began in earnest with lawsuits against Binance and Coinbase.

But I don’t believe our politicians will allow crypto to leave the United States.

I’ve been speaking to a lot of insiders – folks who run crypto businesses – and they’re lobbying Congress hard to rein in Gensler.

They’re giving millions of dollars to politicians to support more favorable crypto regulation. And they’re saying, “This guy, Gensler… He’s out of control.”

I know many of you are worried and thinking, “Oh my goodness, Gensler is coming after crypto… This is the end.”

It’s not. This is just part of the growing-up process for this asset class.

Right now, the key is to stay focused on the future. Do bitcoin and certain other cryptos provide massive value?

They do.

Bitcoin provides massive value. It’s a way to share monetary value with other people without an intermediary.

When I wire money to my mother, I have to rely on a third party… pay hundreds of dollars in fees… and wait days or weeks for the transaction to settle.

When I send money from my Ethereum wallet to an NFT exchange, there’s no intermediary. I pay pennies, and the transaction settles in minutes.

I want you to appreciate how revolutionary that is.

And if you can do that – if you can detach from the “fog of war” going on in this market at the moment – I believe you’ll look back on this time as a transformational moment.

You’ll say, “I stuck to my guns. Here I am now, five years later. And my financial life has changed for the better.”

I know this because the people who listened to me five, six, seven years ago… Many of them have changed their lives in profound ways.

Friends, if you aren’t yet rich, I don’t know of any other asset class that can put you in a position to radically transform your life over the next several years – without putting your current lifestyle at risk – than crypto.

Let the Game Come to You!

Big T

P.S. Staying informed about what’s happening beneath the surface in crypto can help you stay the course when the mainstream media – and even your friends and family – are calling crypto a “scam.”

Knowing when and how to stay the course is just as important as picking the right cryptos.

That’s why I recently held a special event called Big T’s FINAL Call. (You can click here to stream the replay.)

Here’s what I mean by that…

This will be the last Crypto Winter we’ll see of this magnitude. Once the big players enter this space, the crypto market will trade more in line with the broad stock market – just like internet stocks did when that sector began to mature.

And those volatile moves that generate life-changing gains… They’ll be fewer and farther between.

Friends, hear me when I tell you this…

This will likely be the FINAL bear market where you can turn small stakes into meaningful, life-changing returns… And there’s no time to waste.

Click here to take advantage of this opportunity before it slips away forever.