Quote from: FinePoine0 on August 12, 2024, 05:44:01 AM

Quote from: Familian on July 31, 2024, 08:50:41 PM

Something happened today which makes my choice of bitcoin more stronger than the centralized fiat and traditional banking system.

I transferred some amount of cash to someone to get me a few items I would be needing for my project at hand, a day after I received a call from the him that his account has been freezed due to the amount received into the account that the bank told him it was above the account grade and he has to come with some required documents for the upgrade to a higher tier and this has to shift my schedule I have arranged for my project to a day further.

While I was with a feeling of disappointed I recalled I have been stacking a few unit's of bitcoin in my wallet and have never experienced this crazy shit neither have I heard any bitcoiner make such a lousy complain about bitcoin whatever the amount of bitcoin transfered into their wallet. I don't think there's anyway the fiat system can be compared to bitcoin, the more experiences I encounter the more I see how advanced and greater purposes bitcoin serves.

You usually look back 5 to seven years ago, and see how Bitcoin was doing, and how Bitcoin is doing today. Just by looking at the short span of time, you will surely know that the Bitcoin word has spread among the local people. But it is best to hold on to Bitcoin because a lot of people hold Bitcoin and those who have held Bitcoin for a long time have had the highest success. So if you confirm this then it is definitely best to hold on to Bitcoins.

I do actually agree with you, there's a lot of innovation or improvements into a lot of field that is connected with cryptocurrency. We do process transactions online more easily, its just that not all people really know how cryptocurrency works. However, ever since bitcoin was released more and more people are accessing and making their own profits using bitcoin in a various ways such as trading, holding and etc. It is better to use bitcoin also to transfer a huge amount of money and it is more secure for us than transferring money using local banks that are prone to account freezing because they will check your profit or the amount of money you're transferring.