Bitcoin Gives Users Total Control Of Their Money

As I said in the tweet at the top of this page, bitcoin provides people the world over with the ability to easily get, send out and save money in a self-sovereign fashion.The fundamental value proposal of the network is control over those 3 functions. Understanding that I in fact manage my money is a type of peace of mind that a fully “stable” financial excellent being controlled by corrupted intermediaries merely can not provide.I know I own x/21,000,000 of the total supply.I know how my private-public crucial pairs were developed since I made them myself.I can validate that the bitcoin being sent to my wallet is really bitcoin.I can hold that bitcoin for as long as I want without the risk of a bank or payment processor rejecting me access to my funds due to the fact that of the specific time of day, my political views or the requirement for a bail-in of the failing main banking system.This level of control is extremely powerful. No quantity of expert screeching or schadenfreude will alter the inherent control that the Bitcoin network offers an individual over their money.

As I stated in the tweet at the top of this page, bitcoin provides people the world over with the ability to easily get, save and send cash in a self-sovereign fashion.The basic value proposition of the network is control over those three functions. Understanding that I really control my money is a type of peace of mind that a completely “steady” financial good being controlled by damaged intermediaries simply can not provide.I understand I own x/21,000,000 of the overall supply.I know how my private-public crucial sets were created due to the fact that I made them myself.I can confirm that the bitcoin being sent to my wallet is in fact bitcoin.I can hold that bitcoin for as long as I desire without the threat of a bank or payment processor rejecting me access to my funds due to the fact that of the specific time of day, my political views or the requirement for a bail-in of the failing central banking system.This level of control is incredibly effective. No quantity of pundit screeching or schadenfreude will change the intrinsic control that the Bitcoin network offers an individual over their cash.