Quote from: Davidvictorson on September 22, 2022, 04:11:59 PM

Quote from: Kakmakr on September 15, 2022, 05:42:59 AM

Bitcoin allows you to be your OWN Bank .....and it allows you to have access to your own money, without any intermediary having the power to block it. Just make sure that you have sole access to your Private keys. Wink

Being your own bank is the best feeling in the world. There are several benefits. For instance, you would be absolutely certain that no one could access your money after you had taken the necessary security precautions, knew precisely how much you had, and knew how to get to it. Additionally, it is hassle-free to transfer and receive it anywhere in the globe. Another argument is that, in contrast to banking institutions, bitcoin transactions are quite open. Think about the Russian-Ukrainian situation as well. What do you suppose happened to those who had money in their bank accounts and also those who had bitcoin. And then suddenly they needed to get up and seek safety? With bitcoin, you can carry your "bank" around.

Having control over our money is a must. No bank assure it, whereas bitcoin gives assurance of the same. For different purpose we're in need of the banks, but it is always good to know our limits and make use of the banks. Another thing, all of the sudden banks won't close. We will come to know about the situation of the bank, if something is bad just withdraw entire funds. Very few exceptions happen same as that happened in Ukraine and Russia due to war.