I recently went for USA Visa interview , i.e I applied for a business visa.
For the purpose of VISA, I needed the documents to show my bank balance, therefore I went for getting the bank statement sealed and signed from bank authorities. I am from India the bank in which I have account are one of the best banks in my country.
Now first I took out print out of 6 months statement, then went to bank physically, then the real pain started, they told me to put a seal and sign on my Bank Account Statement, they will charge 100 INR for one month's statement, and I felt cheated, I felt these guys are in a business of monopoly, for my money, my account, they are charging money from me just to authenticate that my balance amount is right.
We surely need crypto currencies, and do not need anyone else's validation to proof that we have our own money. More and More Power to BitCoin.
What steps I am taking to make people aware of the power of bitcoin, and cryptos?
- Helping them buy their first Bitcoins
- Making the understand the power of bitcoin hash power.
Well, see, you're making it a point about the advantage of Bitcoin, whereas when I think of the visa-related stuff and Bitcoin, the latter (or, rather, the lack of its adoption) seems to be very disadvantageous. I had to apply for a long-term visa more than a year ago, and so I also needed proof of having sufficient funds. I had money in BTC that could help me solve the financial questions just like that. But here's a bummer: they don't accept crypto money as proof of funds. So even though I had money, I had to lend fiat from a friend of mine (I had no wish of selling my BTC in large quanitities) to get my visa. Until Bitcoin is adopted for such purposes, it does not really help the situation.