Topic: Did you realize in real life how Bitcoin gave us financial freedom? - page 3. (Read 505 times)
December 16, 2021, 03:13:30 PM
I have personally experienced it. Bitcoin has enhanced many lives. Bitcoin reduced my burden. I earned Bitcoin and used them to clear off my debts and yes an every ending online forum supporting too many lives here. So many here have gained much from trading as well. We have vast opportunities here for full time and part time earnings .
December 16, 2021, 12:59:59 PM
yes, all who invest in their bitcoins have got financial freedom. This is for those who are not afraid of losing their money in the past, bitcoin was once underestimated by some for its future opportunities. and now the fact that there are a lot of new billionaires with huge profits that bitcoin gives. i don't make a lot of profit from bitcoins, unlike the surviving investors many years ago. bitcoin has given me the trust till now to fulfill my needs.
what we feel right now is hard to explain to those who are new and have never benefited from bitcoin at all, bitcoin really gives financial freedom to me personally, if someone says that bitcoin will be banned all countries and die then I will not leave it because in this world only bitcoin gives me financial freedom.. 
December 16, 2021, 12:39:53 PM
Everyone knows how Bitcoin is a decentralized cryptocurrency and gives us financial freedom. I am wondering how did you realize that in real life that Bitcoin gave us financial freedom? This isn't a question, this is curiosity.
When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.
What about it, when did you realize in real life Bitcoin is giving us financial freedom?
In fact I had a similar experience long ago and it is just one of the many reasons I support bitcoin, I had a bank account and I received terrible service from the bank so I decided to close my account and get whatever money I had there, which by the way was not a lot.When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.
What about it, when did you realize in real life Bitcoin is giving us financial freedom?
Now anyone reading would think that it should be easy to close a bank account right? But it was not, they literally treated me as if I was asking them a favor when the money that was in the account was mine to begin with and it took a whole year for me to get my money back, so while I have always been suspicious of banks this only increased my determination to not use their services unless it was completely necessary for me to do so.
December 16, 2021, 09:46:01 AM
yes, all who invest in their bitcoins have got financial freedom. This is for those who are not afraid of losing their money in the past, bitcoin was once underestimated by some for its future opportunities. and now the fact that there are a lot of new billionaires with huge profits that bitcoin gives. i don't make a lot of profit from bitcoins, unlike the surviving investors many years ago. bitcoin has given me the trust till now to fulfill my needs.
December 16, 2021, 04:32:59 AM
Bitcoin can be the solution as financial freedom indeed but the problem is we are life in the countries who always be rely on banks for daily transactions and traditional banks seems never let Bitcoin taking over their positions and moreover governments support banks so in my view bitcoin as the solutions of financial freedom will not be able to work optimally because not get fully support by governements
Maybe what we can do now is still trying to have more and more bitcoin, even we can not use bitcoin for free like in the other countries because I am sure that someday, our banks and the government can change their minds and they will start trying to integrate their system with blockchain. When that time comes, we are ready to get deeper into the new system in our country and besides that, we already have more bitcoin that we can use for many things, including making more money. We still have a chance to accumulate more bitcoin while the government and the banks are still learning about bitcoin. 
December 15, 2021, 11:19:08 PM
It doesn't make sense to me why the bank would ask you that when the amount you are withdrawing is not very large. I think there is no right for them to ask where we are going to spend the money after withdrawal because that is our right and as long as no rules are broken then there is nothing to stop us from doing that. But maybe they don't want to lose one of their investors and in that case you. Lol
So far I have been asked about the origin of the money that goes into my bank account by bank employees during their working hours. This is a personal question and not a workplace related question and I answered it, it doesn't matter to me. Nevertheless all question about finance I think it is someone's privacy and on bitcoin we will never experience it even in such a large amount. Nothing more, bitcoin offers us better financial privacy than fiat and I've known that a long time ago without even the damn question.
So far I have been asked about the origin of the money that goes into my bank account by bank employees during their working hours. This is a personal question and not a workplace related question and I answered it, it doesn't matter to me. Nevertheless all question about finance I think it is someone's privacy and on bitcoin we will never experience it even in such a large amount. Nothing more, bitcoin offers us better financial privacy than fiat and I've known that a long time ago without even the damn question.
December 15, 2021, 10:21:11 PM
I share this bank experience with you a number of times. Not only do I dislike it, I hate it very much. When they raise questions, it's as if you, their valued client, is a suspect. They're asking questions as if your money is earned through illegal means.
Anyway, we have more or less the same experience. I was also an expat. Aside from gambling, one of the earliest practical uses I had with Bitcoin is remittance. But it did not actually take away entirely all the hassles my family had to go through. There's no problem in depositing Bitcoin, sending it to my family, them converting it to fiat, and so on. The problem is that the local crypto wallet which is duly licensed by our country's central bank is requiring KYC. Not only that, upon withdrawal of the money, if through an over-the-counter transaction, the bank staff will still ask some questions.
Anyway, we have more or less the same experience. I was also an expat. Aside from gambling, one of the earliest practical uses I had with Bitcoin is remittance. But it did not actually take away entirely all the hassles my family had to go through. There's no problem in depositing Bitcoin, sending it to my family, them converting it to fiat, and so on. The problem is that the local crypto wallet which is duly licensed by our country's central bank is requiring KYC. Not only that, upon withdrawal of the money, if through an over-the-counter transaction, the bank staff will still ask some questions.
December 15, 2021, 10:05:02 PM
when opening a savings at a bank, the first thing is asked or requirement by the officer is the resident card (ID) and other personal files that mandatory be completed, there is no freedom in financial that offered from the beginning. This is very different from the way Bitcoin work, which are more privacy and anonymity, Fortunately in my country use, withdrawal and transfer of funds is always the privacy of the user, the bank has no right to ask and deny this service.
I agree with this, but this is their rules and regulations, unlike with bitcoin. As long as you create a wallet, then you are good to go. But still, if we are converting bitcoin into our currency, we still need to go through banks or other services to get our money since there is still no escape. But the problem with this is that if you don't have the requirements, then you ca open a bank account. But based on the fact that bitcoin gives us financial freedom, it also helps with our daily needs.
December 15, 2021, 08:33:21 PM
Everyone knows how Bitcoin is a decentralized cryptocurrency and gives us financial freedom. I am wondering how did you realize that in real life that Bitcoin gave us financial freedom? This isn't a question, this is curiosity.
When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.
What about it, when did you realize in real life Bitcoin is giving us financial freedom?
I was never asked "many stupid" question whenever I tried to withdraw money from my bank (I rarely do that). If it was a small amount, then why not use an ATM to withdraw funds. No one would be asking you anything. It's normal for the banks to ask questions when trying to withdraw mid to large amount of funds. They usually do that to make sure you are not falling for some kind of financial trap. As far as I know, banks have saved my elderly people from falling for such scams where they are told to transfer large amount of funds to another account. And bitcoin doesn't give you financial freedom. It just eliminates any third party people or institution from controlling your funds. When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.
What about it, when did you realize in real life Bitcoin is giving us financial freedom?
December 15, 2021, 07:19:16 PM
Bitcoin can be the solution as financial freedom indeed but the problem is we are life in the countries who always be rely on banks for daily transactions and traditional banks seems never let Bitcoin taking over their positions and moreover governments support banks so in my view bitcoin as the solutions of financial freedom will not be able to work optimally because not get fully support by governements
Reasonable reason and at the moment I really don't see Bitcoin taking over,apart from that we will not know what will happen in the future,
hope that with the development of the times and what crypto has to offer can make the government support Bitcoin
Not only now Bitcoin can't take over, but it looks like Bitcoin will not be able to take over forever. We know how governments rely heavily on banks
and don't want Bitcoin to take over. It may be difficult to make the government aware that by providing support for Bitcoin, it can provide many
positive things for citizens. Until now, there are not many countries that support Bitcoin, most countries in the world are even neutral. Indeed,
due to decentralization, the government considers Bitcoin a serious threat to the banking system. Even though such thoughts are wrong, Bitcoin was
not created from the beginning to replace banks, but only as a payment alternative. Hopefully in the future a miracle happens the government
can support crypto for the good of the population, because many positive things can happen if the government supports Bitcoin.
that government would really be focusing on something that would really oppose their interest or simply being decentralized.
Regulation is inevitable and it cant really be avoided that it would become stricter and tighten over time into those platforms
who had been dealing with crypto.
December 15, 2021, 06:40:18 PM
They asked me why do I need to withdraw and where will I spend.
This is surely an inappropriate question, I never experienced it. I have withdrawn my money from our local banks many times but the bank officers never asked that kind of question. I think what you ever experienced is a rare case, mate. It depends on the bank officers or procedure to withdraw money on that bank, I mean probably not all banks do the same thing. when did you realize in real life Bitcoin is giving us financial freedom?
So far, I just realized it as an opportunity to have an independent job, without depending on job vacancies opened by the government. Since I can earn some money by investing or trading Bitcoin regularly, means I can get regular income from the Bitcoin business. However, here we cannot use Bitcoin as a payment tool, so we still rely on fiats for any payment purposes. It is a bit difficult to have pure financial freedom in the country that allows their citizen to use Bitcoin as a digital asset only. 
December 15, 2021, 06:26:17 PM
Bitcoin can be the solution as financial freedom indeed but the problem is we are life in the countries who always be rely on banks for daily transactions and traditional banks seems never let Bitcoin taking over their positions and moreover governments support banks so in my view bitcoin as the solutions of financial freedom will not be able to work optimally because not get fully support by governements
Reasonable reason and at the moment I really don't see Bitcoin taking over,apart from that we will not know what will happen in the future,
hope that with the development of the times and what crypto has to offer can make the government support Bitcoin
Not only now Bitcoin can't take over, but it looks like Bitcoin will not be able to take over forever. We know how governments rely heavily on banks
and don't want Bitcoin to take over. It may be difficult to make the government aware that by providing support for Bitcoin, it can provide many
positive things for citizens. Until now, there are not many countries that support Bitcoin, most countries in the world are even neutral. Indeed,
due to decentralization, the government considers Bitcoin a serious threat to the banking system. Even though such thoughts are wrong, Bitcoin was
not created from the beginning to replace banks, but only as a payment alternative. Hopefully in the future a miracle happens the government
can support crypto for the good of the population, because many positive things can happen if the government supports Bitcoin.
December 15, 2021, 05:58:16 PM
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.
I would personally say that it gave me freedom to do whatever I want and just in front of my pc. In fact I actually had a whole idea about a website that would show you all kinds of ways to make a profit based on what you can do to earn crypto in front of your PC. Jobs, bounties, airdrops, giveaways, works to be done, participation, faucets and whatever else, even signature campaigns are a good example of the whole deal.So, I would guess that if you could spend about 8-10 hours a day in front of your PC, then there are ways to make a profit via crypto world and it will give you insane freedom. Imagine instead of waking up at 8, starting work at 9, finishing at 5, coming home at 6, you start at 8 and finish at 4 and that's it, rest of the day is yours and you did not leave your house at all. That's the power of crypto and I have been in love with it.
December 15, 2021, 12:35:34 PM
Everyone knows how Bitcoin is a decentralized cryptocurrency and gives us financial freedom. I am wondering how did you realize that in real life that Bitcoin gave us financial freedom? This isn't a question, this is curiosity.
When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.
What about it, when did you realize in real life Bitcoin is giving us financial freedom?
When I realized? And why? Let's describe it shortly.
A few days back I went to the bank to withdraw my deposit. That amount wasn't much big though, but the bank just asked me many questions. And surprisingly all were fucking questions. They asked me why do I need to withdraw and where will I spend. This happened first time with me since I was abroad for a long time. Then I realize how Bitcoin gave us financial freedom. No one is there asking me the question to spend my fund. How fucking centralized banking system even you have to encounter many questions during withdrawal your funds. They are asking questions like I am beger. This was my real file realization of how Bitcoin gives us financial freedom.
What about it, when did you realize in real life Bitcoin is giving us financial freedom?
So based on that brief description what makes you that Bitcoin provides financial freedom? maybe there are no questions that seem to push us to continue to save in the bank? Honestly, the bank doesn't need to ask what you're withdrawing money for and what it will be used to buy, because that's not their right. The bank only serves customers to make deposits or withdraw money. There are no specific instructions or rules regarding these privacy questions. I also receive this question frequently, but not in all bank withdrawal offices. only a few. In conclusion, I only assume that the question asked is only a question as a basis for the approach between bank workers and customers.
December 15, 2021, 09:59:47 AM
Nah, never got such experience yet because bitcoin is not that freely traded in my country and on top of that I am not sure if my country will ever give us relaxation on the crypto use so that we can just leave the banking system and go all crypto!
Though banks are hard sometimes, then also I don’t think I will ever face such an issue. Here you have many ways of withdrawing your cash and the limit is pretty enough so as not worry about anything at all. I mean I am talking about the limit on debit cards and even cardless cash withdrawal at ATM.
Moreover, even if you visit in the banks and ask for heavy amount of cash, it will be dispersed without any questions. The country is India by the way.
So far no grudge against banks.
Though banks are hard sometimes, then also I don’t think I will ever face such an issue. Here you have many ways of withdrawing your cash and the limit is pretty enough so as not worry about anything at all. I mean I am talking about the limit on debit cards and even cardless cash withdrawal at ATM.
Moreover, even if you visit in the banks and ask for heavy amount of cash, it will be dispersed without any questions. The country is India by the way.
So far no grudge against banks.
December 14, 2021, 05:30:05 PM
Bitcoin can be the solution as financial freedom indeed but the problem is we are life in the countries who always be rely on banks for daily transactions and traditional banks seems never let Bitcoin taking over their positions and moreover governments support banks so in my view bitcoin as the solutions of financial freedom will not be able to work optimally because not get fully support by governements
Regulation is the main issue on here and it wouldnt really be just right on being that confident that fiat system and other industries attached to it would really be able to replace on what those things have done into our lives.Yeah, its cant really be denied that crypto did really give out that kind of big benefit in terms of money making investment but we should mind off
that it would still be requiring such effort and investment for you to earn.
Finandical freedom is something that you do need to work hard before you could attain it.
December 14, 2021, 01:23:22 PM
Not every banks are having employees raising more questions. I haven't got similar experience, but these days banking services are getting more user friendly and are well responded than the past. This is the personal experience of mine with the bank in which I've account. In particular when we're going for gold loan we're much welcomed as they'll get good revenue out of the interest.
Bitcoin have given the financial freedom, but the true freedom happens when everyone is able to buy anything wanted with cryptocurrency same as that we use fiat at present. For such a scenario to happen isn't an easy thing and not this can take years and years. So, financial freedom is yet to happen through adoption.
Bitcoin have given the financial freedom, but the true freedom happens when everyone is able to buy anything wanted with cryptocurrency same as that we use fiat at present. For such a scenario to happen isn't an easy thing and not this can take years and years. So, financial freedom is yet to happen through adoption.
December 14, 2021, 11:09:39 AM
Bitcoin can be the solution as financial freedom indeed but the problem is we are life in the countries who always be rely on banks for daily transactions and traditional banks seems never let Bitcoin taking over their positions and moreover governments support banks so in my view bitcoin as the solutions of financial freedom will not be able to work optimally because not get fully support by governements
December 14, 2021, 06:52:35 AM
It all depends on how you trade with bitcoin, if you trade daily for profit then your days can fulfill all your desires. Likewise, if you make long-term investments with bitcoin, you basically have to have other jobs before you get a large return on the value of your investment. Financial freedom has been felt by many people who use crypto, especially those who have invested in bitcoin.
Not only with Bitcoin but on other coins as well specially to those who had profitted out on dealing with altcoins too which give out 10-100-1000xreturns which is really something possible and could give that opportunity to have some financial freedom.
If you are living with it on daily basis because of trades then its up to someone on how they would be dealing with it.Not all would be having
the same capability or skills.
So it does vary on how they handle up themselves into this market.
up volatility.Financial freedom is something that could be acquired on having lots of income sources.
December 13, 2021, 07:16:21 PM
have never experienced banking service difficulties in transacting withdrawals from the exchange,
maybe I'm in a small amount not big so the bank is too worried about the bank to ask the source of my funds
it's true that bitcoin helps me in the economy, but I hope bitcoin can help me financially free from debt and installments
maybe I'm in a small amount not big so the bank is too worried about the bank to ask the source of my funds
it's true that bitcoin helps me in the economy, but I hope bitcoin can help me financially free from debt and installments
My mother had the similar experience like OP as the teller asked her what is her job and where the money comes from. It's a big amount as compared to regular withdrawals because my sibling sent it to her for the payment of the land. And since my mother said she has no work, of course the bank will further inquire why she has that amount. So she explained that my sibling is working outside and earning good money. So yeah, I can see the disappointment of the OP if a banker asked you some "insulting" questions but maybe they are just doing their job because of the AMLs.
But when it comes to crypto, you can really feel the difference as you can transfer funds from one point to another without anyone bothering you. And even if you use your local exchange, once you already submitted kyc, it is also easier to convert your crypto to fiat.
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