Quote from: TimeBits on January 10, 2019, 12:54:19 PM

Quote from: IgorStr on January 10, 2019, 12:41:41 PM

The meaning of bitcoin is the absence of intermediaries, the absence of such long transactions as between the Bank to bank , but so far everything spoils such a strong volatility of bitcoin , and no any regulation on legal

I thought it was to stop things like banker bailouts as mentioned in the genesis block

Yes, only bailIns, not bailouts.
Does anyone here really believe that your deposits of fiat in the banks would not be confiscated to sustain insolvent too-big-to-fail financial institutions? One day in the not too distant past majority of citizens of Cyprus found out that the amount of money they control is much lower then the balance of their bank accounts. So the point of bitcoin is that if you don't surrender control of your money to your bank then your bank can't take it from you even through inflation.

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