I’m ditching traditional banks in favor of bitcoin—and you can, too

I’ve been interested in bitcoin (BTC) as a concept since its inception. Until recently, however, I considered bitcoin more of a cryptographic experiment than something that could affect my daily life.

One of the biggest obstacles for me was practicality. A few years ago, buying bitcoin or selling them in order to get fiat (“real” currency such as American dollars or Euros) wasn’t easy at all. Now, however, bitcoin has become much more common as a currency and the technology required to use it has also become more user friendly.

With these improvements in mind, I have decided to try and use bitcoin as my only source of money. I don’t know about you, but honestly I’m sick and tired of the banking system. For one thing, I’m sick of being told to “trust” that my money is safe, even when I have no idea where it is or who is controlling it. With bitcoin, this is never an issue.

At the same time, I hate the idea that someone is monitoring how much I can withdraw or deposit at any given time. It’s my money and I should be able to access it whenever I want, without the interference or input of

Read more ... source: TheBitcoinNews

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