Post
Topic
Board Bitcoin Discussion
Re: Another reason am chosing bitcoin.
by
South Park
on 13/08/2024, 19:34:37 UTC
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.


It is their system so you have to play by their rules, however on the past you really had no option as there was not really any alternative for those that were sick and tired of those situations coming up, however now with bitcoin we have an option, and while this can happen to you if you keep your bitcoin in an exchange or online wallet, if you keep your bitcoin stored on a wallet only you control, then you can be sure something like this is never going to happen to you.