We are now bound with the unstoppable development of our financial system. We are then before bound to the banks that holds our funds and finances. The emerging technology of blockchain and the creation of bitcoin set us free from all the restrictions that we had from these third parties.
Here are some advantages of banks according to Difu Wu(2014):
1. good Liquidity
2. secure place to deposit money
3. gaining interest on deposits
4. allows us to gain loans and investments
reference:
https://www.quora.com/What-are-the-advantages-and-disadvantages-of-the-banking-systemFrom this, we can see that bitcoin smashed these advantages on how we benefit from its capabilities:
1. Irreversible Transactions
2. Paper no More
3. Volatility (Provides huge profit from investments)
4. Fast Transactions (Anytime and Anywhere)
reference:
https://bitcoin.co.th/benefits-of-bitcoin/And here's my own view on how bitcoin impacts on me:
1. My funds are much more secured and easily accessible
2. I can send money if I want it anonymous (Through mixers)
3. Multiple source of assets (Trading and freelance works)
4. Bitcoin is an eye opener on the world's future
5. Bitcoin is the future
There are some cases that most of the people don't see the goodness that bitcoin brings, and on our nature, we feel the urge to educate them and teach them about it. But most of the time, spoon feeding the information to those who's mind is close will not bring any good to bitcoin. There is one thing they need to understand even if we don't tell them to, if they don't like bitcoin, then don't like the future.
If you have more experience where bitcoin impacts you positively, you are free to share it on the comments below.
Bitcoin has always been a great source of impact for me considering the fact that I am still a student. Its requirements for those who are qualified is way too basic cause even a little kid can access it as long as he has the knowledge and the capability to earn or make a transaction with it. Bitcoin is the future for me since the technology is still innovating so do the monetary system of the world. We will live someday in a world where there's no fiat anymore and everything willl be made more convenient than ever.