Quote from: Y3shot on September 20, 2023, 06:47:36 PM

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First, I wouldn't say I like seeing people using their bank accounts with centralized exchanges to get crypto payments. Bitcoin is supposed to be for privacy and for being your own bank. You could get your payment via different payment methods. Why bank? Bitcoin is supposed to eliminate the need for banks, and we combine bank accounts with centralized exchanges. Even if you use centralized exchange, do not combine it with exchanges.

User GazetaBitcoin has written a great article about it and I would like to quote a few lines;

Quote from: GazetaBitcoin on January 18, 2021, 09:07:17 PM

12 years passed already since the launch of Bitcoin. And yet, most of people have no idea how it should be used, nor what Bitcoin is good for. Most of the users make a combination against the nature, using Bitcoin together with banks and centralized exchanges, having no knowledge about its libertarian and crypto-anarchic grounds. Without understanding that Bitcoin is here for helping them evade the slavery that governs and banks coerces them to, people do all they can to enslaves themselves, making an easy job for the elites which oppress them for thousands of years.

12 years ago Satoshi offered a very precious tool to humanity, tool which was able to set them free. Let's see how he was describing his invention:

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A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.

Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model.
Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for non-reversible services. With the possibility of reversal, the need for trust spreads.

[...]

What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Transactions that are computationally impractical to reverse would protect sellers from fraud [...]

He offered a method with which people could transact directly, peer-to-peer, avoiding any third party, no matter its name - govern, bank or other middleman.

Satoshi invented Bitcoin and gave it away for free, for helping individuals to have financial freedom, but people, in return, invented centralized exchanges, "helping" themselves to remain miserable slaves. This is something which remembers me of other memorable scientific inventions, meant to help people, but immediately after the respective inventions other showed up and weaponized them. Apparently, if there is not any entity to harm them, people choose on their own to harm themselves.

Full article: https://bitcointalk.org/index.php?topic=5310500.0