I just so wish I didn't need a bank at all. I hate them and their 'policies', I don't trust them at all. They monitor my data and have their own goals that overrule my own. But I can't live without one in today's world.
Bitcoin was the proposal to become independent from banks. Everyone could be their own bank.
But then the speculators twisted the original intentions to safeguard their investments. And it basically became the banking system rebuilt in bitcoin. Like the exchanges instead of banks (the EU even has a proposal to make it illegal to keep money on private wallets), the KYC stuff so it's no longer possible to just create an account and work with it. I don't support bitcoin anymore, the idea was independence from big money but they simply took it over.
Bitcoin was the proposal to become independent from banks. Everyone could be their own bank.
But then the speculators twisted the original intentions to safeguard their investments. And it basically became the banking system rebuilt in bitcoin. Like the exchanges instead of banks (the EU even has a proposal to make it illegal to keep money on private wallets), the KYC stuff so it's no longer possible to just create an account and work with it. I don't support bitcoin anymore, the idea was independence from big money but they simply took it over.