Some people say Bitcoin is great to keep your money safe. I don't get that. A good way to keep your money safe means its value doesn't change much. But Bitcoin's value goes up and down a lot, so it's risky. Why trade the safety of government-backed insurance for something that can change so much?
The purchasing power of the paper money owned, printed and distributed by the government loses its value overtime and your money is guaranteed safe by the bank. So your notion that your asset retaining its value equals being safe.
In the seemingly trusting hands of the government, you’ve given away custody of your funds. What then happens when the same trusted government blocks your account and restricts access to your money.
Bitcoin aims to spread the awareness that you can’t fully trust any institution to hold and safeguard your money. When you securely hold your money yourself, you’re in total control anytime.
When you’re in control of your funds, you