Post
Topic
Board Bitcoin Discussion
Re: One solid reason that I came across for the need of BitCoins. <Be Your own Bank>
by
Youghoor
on 07/12/2019, 02:16:58 UTC
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.



First of all, you need to know that nothing in this world is actually free. Any services provided by people always comes along with a fee. In as much the Bitcoin makes you in charge of your money, it hasn't gotten to the point where people can use it to confirm the amount of money they have in their wallets in order to travel as their financial statement.  Due to this reason, we will still use the banks statement as the only option to indicate once financial profile. We need to promote Bitcoin to get to the level where no one will actually use bank statements as a proof of financial profile and status..