Quote from: stomachgrowls on November 14, 2017, 07:50:34 PM

Quote from: Granxis on November 13, 2017, 03:06:24 PM

Quote from: Teemotje on November 13, 2017, 12:29:29 PM

You have the freedom because you can spend what you want and what you want to buy with it. If you buy a car with your bank account sometimes the bank will ask you questions.

So they are the owners for your money while with bitcoin you are the real owner of it.

When there is a huge amount of money transfer, the banks can ask for the source of the incoming money. But there is no penalty, they only ask about the source of the money, it is not a problem that bitcoin is causative.

Banks would normally ask on those kind of things regarding on the funds have been transacted specially when it is already on huge amounts. They are not totally the owner of your money but somehow do have the control regarding on the possible transactions you would made. The goodness of bitcoin is that you can anytime hide your money in your own pocket no matter how big it is.

Its a total freedom, cause it makes us independent we dont need banks to tell us what to do, we just do whatever it is we want to do by ourselves without any middleman. Another thing I like about Bitcoin is that it gives us the ability to send money quickly to far distance or to another country without much fees. Think about it, if you were using bank/Western Union to send money to another country, it will definitely cost you a lot of money, but Bitcoin is simple and you just have to pay a small fees of just $1+ to do so.