A lot of people hate Bitcoin, but give this a chance:
Bitcoin being used as money cuts out SO many redundancies in the world's financial system.
It completely replaces banking by allowing individuals to transact with one another without a trusted third party (BANKS) and making lending peer-to-peer (INSTEAD OF THROUGH BANKS).
How does this help you?
- Lower fees
- Full control of your money
- Earn more interest if you lend money
Jamie Dimon, the CEO of JP Morgan, publicly says Bitcoin is a pet rock, while JPM works on its own blockchain project.
Banks are trying as hard as they can to scare off individuals from buying and storing value in Bitcoin because they don't want it to be used as money.
They want you to trade it like an asset (buying and selling it to make profits in fiat so they earn fees).
I strongly urge that you do your research before you dismiss this technology!