Re: Bitcoin is more real than money in the Bank

Government resent bitcoin because they can't control it like they did in 1971. Very soon, it will be illegal to own bitcoin in some countries, not because bitcoin is bad, but because bitcoin gives you the power to own your money.

So far, I think many countries have not legalized and even banned bitcoin because bitcoin does not yet have the capacity and quality needed to be recognized as a currency. But after reading this I started to realize, bitcoin is able to create economic independence for individuals/societies which bureaucratic makers are so afraid of that's why many ways are used to stem the popularity of bitcoin and other cryptocurrencies.
At the same time, it makes me regret why I didn't really learn and understand bitcoin long ago.

Absolutely right. In deed it more real than any form of current including Fiat, it gives feeling of ownership. I also feel regret like you that why i failed to evalaute the real value/worth of Bitcoin in the early days of Bitcoin. I think the days are not far when all countries will regularize it including third world where governments want to control masses by keeping money supply control in their hands.

Yes, I didn't really care because I thought bitcoin was just a temporary popularity and would sink because of a lot of negative propaganda about bitcoin. But I was wrong, from year to year the popularity of bitcoin is increasing and it makes me feel proud to know it earlier among my friends Grin