Bitcoins ability to let you control your own money is becoming more important by the day. Anecdotally, but illustrative: Met another coiner who had 30-some K in the bank. He wanted to withdraw them all. They said nope, he had to come to a meeting and explain what he wanted them for. Another guy is being told by the cashier that they don't want him to withdraw as much money as he does, he had to tell them that the women he deal with are not cheap. And my bank won't let me deposit money, simply because I sell bitcoin for cash.
On a broader scale, banks are shutting down entire accounts for people on the right, which is to say, to the right of Marx. Only a few known cases so far, but there will be more, and it will keep going. How are they supposed to pay their rent? To eat? To travel? This is literally meant to destroy peoples lives, ultimately killing a percentage of them.
The price of bitcoin does not reflect its value. Nevermind speculation, bitcoin is literally becoming a matter of survival.
On a broader scale, banks are shutting down entire accounts for people on the right, which is to say, to the right of Marx. Only a few known cases so far, but there will be more, and it will keep going. How are they supposed to pay their rent? To eat? To travel? This is literally meant to destroy peoples lives, ultimately killing a percentage of them.
The price of bitcoin does not reflect its value. Nevermind speculation, bitcoin is literally becoming a matter of survival.
The problem, again, is the conversion to CASH. Banks don't want to deal with cash. Governments don't want you nor banks to deal with cash. Why? Because it is way harder to control (and TAX!).
Keep separate your cash and your banking fiat and everything with be fine. If you want to "launder" (either legally or illicit) cash into banking FIAT set up a real business that is reasonable to do cash dealings. If you want to spend lots of banking fiat, do it via credit cards.
In other words: You are using it wrong
Exactly. Not even cash really is... because (nowadays) you can't use it to buy expensive shit nor real estate, etc...
