https://ift.tt/3z6m8ie Frees You From a Banking System That Is Totally Anachronistic. Bitcoin removes unnecessary middlemen.

Bitcoin Frees You From a Banking System That Is Totally Anachronistic. Bitcoin removes unnecessary middlemen.

https://ift.tt/3yXRFmH


The current banking system is totally anachronistic.

You work hard to earn money. The fruit of your labor is placed in a bank account, and you want to be able to use it as you wish at any time.

This is normal since it is your money.

It’s Saturday night and your brother in Australia needs $20K. Whatever the reason, he’s your brother, and you want to help him. You have more than enough money in your bank account to send him such an amount of money.

The fruits of your labor should allow you to help your brother.

With the current system, you will have to justify this money transfer to various services ranging from banking to government services, while waiting several days and paying prohibitive transaction fees.

Throughout the process, the powers that be in the current system may decide at any time to censor your transaction to your brother.

Yet it is your money, and your brother needed help immediately.

The problem with the current system is that there are far too many middlemen involved in the process. That’s where Bitcoin changes the game completely by freeing you from this totally anachronistic banking system.

In the latest issue of the In Bitcoin We Trust Newsletter, I show you how Bitcoin is a unique game-changer in this area, and why new generations will consider Bitcoin their de facto choice: [**https://inbitcoinwetrust.substack.com/p/bitcoin-frees-you-from-a-banking**](https://inbitcoinwetrust.substack.com/p/bitcoin-frees-you-from-a-banking)

View Reddit by sylsauView Source

Cryptocurrency

Get In Touch