Compared to price fluctuations, this aspect of Bitcoin truly resonates with ordinary people! Finally, we no longer have to look at the bank's face 💥💥💥
In the past, when discussing Bitcoin, I only focused on the ups and downs of the K-line, always feeling that it was just a hype. It wasn't until the last experience of being 'choked' by the bank that I suddenly got it - its 'decentralization' is the core that really hits ordinary people's pain points!
Don't rush to scroll away just yet, 'decentralization' sounds mysterious, but it's actually very simple in plain language: there is no single 'big boss' who can call the shots.
Unlike our money being in the bank, where the bank is that 'center' - transferring over the limit requires approval, cross-border remittances take several days and incur high fees, and occasionally accounts may be frozen due to 'system monitoring anomalies', and to unfreeze them, you have to run around to get proof. But in the world of Bitcoin, there is no such 'central institution', transactions are completed directly between users, and no one can arbitrarily restrict you or take your money.
Here's a very practical example: my cousin works abroad, and in the past when she sent living expenses home through the bank, it took 3 days, and the fees deducted were equivalent to sending half a box of milk powder less. Later, she tried transferring using Bitcoin, and it arrived in a few hours, with fees that were less than the bank's smallest charge.
She said the best part is 'not having to look at someone's face', not having to fill out a bunch of complicated forms, and not having to explain whether the money is salary or part-time income.
Of course, it's not to say that decentralization has no drawbacks! For example, if you lose your private key, no one can help you recover it, unlike a bank card that can be reported lost; this is something you really have to keep a close eye on. But its essence is that, for the first time, it truly hands back the 'control of money' to ordinary people.
I used to think that 'financial freedom' meant making a lot of money, but now I understand that being able to freely manage your own money and not having to look at institutions' faces is actually a more tangible freedom. Compared to short-term price fluctuations, this change in 'voice' may be where its true value lies.
Have you ever had an experience of being 'choked' by the bank? Feel free to share your story 😎😎
