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.
You should understand that in the centralized institutions such as the bank, every services provided by them comes with cost. In the centralized ecosystem, there are no free services. It is very true that with cryptocurrencies, all this charges will not be seen but you need to understand that this is how the bank system works and there is nothing you can do that can change this. You just have to promote cryptocurrencies in your own way to help in the adoption of cryptocurrency into the mainstream financial ecosystem. That will help solve majority of the problems seen in the centralized financial ecosystem.