All of the facts that you just stated are what's so good about BTC. It's decentralized, no big corporations make money off it (no monopoly), and governments can't control your money. Bitcoin's value is solely decided by what the people are willing to pay for it. If your bank goes bankrupt, can you sue them?
That's true. But in case my bank went brankrupt, central bank will intervene and will do some justice for me.
