The simplest explanation why you should consider Bitcoin

[Decimetre]

https://www.instagram.com/reel/Dd9MVAtu4M0/?stkn=MTd4d3RvaHVzbzVhbw==

That Instagram video depicts the advantage Bitcoin has over the traditional financial system, with that video you need not say much again to describe what you as an individual will gain from Bitcoin.

Also the video expatiate the financial slavery of the traditional financial system in such a short video, the burdens you need to bear to get your own property and shows that it is not truly yours in the traditional financial system.

This is a short and simple explanation that says it all. The conventional financial systems are becoming so wacky, policies up on policies. I have been caught in such situation, you deposit a cash for security reasons while on transit and when you get to your destination, withdrawing the paid amount becomes a problem. They first start with multiple questions as to why you need such amount and if you're finally granted access to the money, they will tax it and charge you for notifications.

Bitcoin has done a lot for mankind and choosing bitcoin should not be negotiable if you truly wish for a financial freedom. Decentralisation is a good thing, you have the final decision about your funds at all time which is what everyone needs in this modern age. The traditional banks will devalue your money, very minimal interest and still makes it difficult for you to control your own money.

[Jasmyne]

https://www.instagram.com/reel/Dd9MVAtu4M0/?stkn=MTd4d3RvaHVzbzVhbw==

That Instagram video depicts the advantage Bitcoin has over the traditional financial system, with that video you need not say much again to describe what you as an individual will gain from Bitcoin.

Also the video expatiate the financial slavery of the traditional financial system in such a short video, the burdens you need to bear to get your own property and shows that it is not truly yours in the traditional financial system.

The message in the video is quite simple, the banks will welcome you when you have huge cash to deposit but the moment you have deposited the money you stop being in control of your own money. Bitcoin gives you the advantage to have total control over your money and to move it around anytime and anyhow you want it with nobody stopping you or asking you for different documents before you can have access to your own money.

The traditional financial system being the old system was created to suffer people and to make them not make use of their money when they need it that is why the government can decide to frustrate whoever that is not loyal to them by freezing the bank accounts of the person because they created the old system and they regulate it to favour them and not the people they created it for.

[The Cryptovator]

https://www.instagram.com/reel/Dd9MVAtu4M0/?stkn=MTd4d3RvaHVzbzVhbw==

That Instagram video depicts the advantage Bitcoin has over the traditional financial system, with that video you need not say much again to describe what you as an individual will gain from Bitcoin.

I watched the video from YouTube. This is simple logic we face every day. A few days back I received an international payment from a client. The bank asked me about the invoice and why the fund came to the account. I have provided the invoice that was signed by the client as well. But they haven’t released the funds.

After that the bank asks questions about the contract paper between me and my clients. Again I proved them, but they still did not accept and did not release payment. Finally, I applied to refund the funds to the sender. Still waiting almost a month, but no result. So banks always make trouble somehow, although you are legit and it’s your own funds. But Bitcoin payments have no hassle. The client doesn't want to pay through crypto due to regulation. So yes it’s always better to get payment through Bitcoin and store funds into Bitcoin.

[MisFoxie]

There are only problems with banks I can't see any benefits in them. First of all if you keep money in a bank you have no profit instead the bank itself makes profit from it. If you want to withdraw a high amount of money all at once the bank says you have to give notice beforehand so that they can arrange to keep the money ready.

On the other hand withdrawing money in Bitcoin doesn't take any time you don't have to go to someone again and again. If it can be sold at the right time then a huge amount of profit can be made. Maybe one of the main reasons people keep money in banks instead of investing in Bitcoin is Bitcoin's volatility.

[retreat]

This is exactly what happened to me a little while ago: I wanted to close one of my bank accounts because I felt like I didn't need it anymore. I understand that there's only about 50 USD in it, but that's still quite a bit for me. And guess what, just to withdraw that amount I had to wait a week and fill out a bunch of documents. It's pretty ridiculous, I think, because the amount isn't even that much, yet I have to go through all these procedures just to withdraw it.

That's one thing that's so hated about banks, how they're so complicated with all their paperwork. With Bitcoin, you wouldn't find something like that.

[Livingleged]

There are only problems with banks I can't see any benefits in them. First of all if you keep money in a bank you have no profit instead the bank itself makes profit from it. If you want to withdraw a high amount of money all at once the bank says you have to give notice beforehand so that they can arrange to keep the money ready.

On the other hand withdrawing money in Bitcoin doesn't take any time you don't have to go to someone again and again. If it can be sold at the right time then a huge amount of profit can be made. Maybe one of the main reasons people keep money in banks instead of investing in Bitcoin is Bitcoin's volatility.

Simply because they are using your money for their own benefit and make profits off your money that why you can’t withdraw huge amounts without prior notification.The video just explains that tit doesn’t matter whether it’s was yesterday you did the deposit. More reason why we can not over look the advantage of bitcoin as a matter of fact. If not for the invention of bitcoin we would still be trapped by this kind of system.

It’s not like the bank should be rendered useless, No I am not saying that. but for me I’ll just keep little amount there in case I  ever need fiat. and have my savings in bitcoin, at least I know I will not need anybody’s authorisation to access the bitcoin other than me signing the transaction.

[Stable090]

The message in the video is quite simple, the banks will welcome you when you have huge cash to deposit but the moment you have deposited the money you stop being in control of your own money.

When bank managers know that you have money to deposit, they are always humble, they will tell you things which will make you deposit the money, but immediately you deposit the money, the won’t really care so much about you again, they have achieved what they really want to achieve. If you leave your money in bank, they are the ones controlling your money for you, they can decide to do whatsoever they want with the money. When government is doing some investigation about you, the bank will freeze your account. Some times when some amount of money enters your account, bank will freeze your account, and will ask you to come and give account for how you get the money.

[Proty]

This video is evidence that with local fiat,  we don't have full control of our assets, but this isn't same with bitcoin. With bitcoin,  you don't need permission from a third party before you can have access to your funds unlike what happened in the video.
However, using bitcoin comes with advantages of being able to control ones assets. You have full custody of your bitcoin and how you choose to use it. This freedom comes with responsibility because any mistakes or carelessness can leads to loss of assets and recovering it may not be possible since there is no third party involved.

[Sanitough]

It is a coincidence that I watched the video just some minutes ago on YouTube: https://youtube.com/shorts/fuHaZIxS09s?si=WAqWnWjSFQ39v1Km

Good comparison with Bitcoin, banks would be so easy for you to deposit but when you withdraw they will give you a headache with a lot of requirements. That system is the main reason why Bitcoin was born, so f* them.

Beside the whole process being a scandal to the ordinary man, bitcoin existence hold its core values on the appreciation which fiat and the bank system does the opposite, when you keep in their hands you get debited for them holding for you and when you hold

this is quite confusing for me, because when i check my bank statement, deposit is normally on the credit side, debit for withdrawals.
Please elaborate what you meant by "debited".

bitcoin you get credited not by anyone but itself appreciate, making them directly opposite. Their are more values too but this over rides them in my opinion since they used that to weaponize against the ordinary man by making them poor as they keep saving and bitcoin make them richer as they keep holding.

it's our choice if we use banks but never think it's for growing your money because the interest, if you compare it with the yearly inflation rate, will not be enough, it can still result in a negative real return. in fact banks even charge you money if you fall below the DMB (daily minimum balance.)

With Bitcoin, it's your rules that are followed. Your money, your keys, no DMB..

[Rashlyowl]

That Instagram video depicts the advantage Bitcoin has over the traditional financial system, with that video you need not say much again to describe what you as an individual will gain from Bitcoin.

Also the video expatiate the financial slavery of the traditional financial system in such a short video, the burdens you need to bear to get your own property and shows that it is not truly yours in the traditional financial system.

I saw that video on X last night, BTC maximalist account posted it. For me, that is the easiest way to tell normies why they should own Bitcoin. The most basic thing is that they can really have full control over the assets they have. I hope he can also create a video explaining other aspects of BTC value, such as its limited supply & superior portability, obviously it will give normies a more better understanding of BTC.

[letteredhub]

It is a coincidence that I watched the video just some minutes ago on YouTube: https://youtube.com/shorts/fuHaZIxS09s?si=WAqWnWjSFQ39v1Km

Good comparison with Bitcoin, banks would be so easy for you to deposit but when you withdraw they will give you a headache with a lot of requirements. That system is the main reason why Bitcoin was born, so f* them.

Sadly a lot of traditional mind would never understand this for them to embrace bitcoin and take full control of their funds to be able to access it immediately whenever they want without needing authorisation and approval from some middleman who don't have an iota of idea how you hustled to earn it. Apparently, the fiat banking system isn't conducive for emergency times when you would be needing your for withdrawal. Just as it's in the video, just imagine waiting for 24hr to get approval for your own funds when what you wish to use it for is within next 1hr.

[Catenaccio]

Just as it's in the video, just imagine waiting for 24hr to get approval for your own funds when what you wish to use it for is within next 1hr.

It's not the worst and most fearful situation if at the end, you get an approval for your withdrawal request and it is proceeded for you, then you actually receive your bitcoin.

The worst and most fearful situation is when your request is refused, and you lose your coins, even your account can be terminated by given reasons which seem to be no longer important at that time. Because if a platform refused your withdrawal request, and terminate your account, they seem to have clear scam purpose. Any attempts you do later will never be enough to convince them stop scamming you, and you won't get your account, and most important your fund back.

[knowngunman]

It is a coincidence that I watched the video just some minutes ago on YouTube: https://youtube.com/shorts/fuHaZIxS09s?si=WAqWnWjSFQ39v1Km

With bitcoin you will have control on your money (bitcoin) completely, unlike going to bank to deposit fiat easily but hard to withdraw the whole fiat. They told the man that it will take 24 hours before he can be able to withdraw his money in bank.

In my country there is withdrawal limit, if you want to withdraw above the limit, the bank will make it not possible until you request for a special account upgrade

The video is very short but it passed a great message. I couldn't help myself with laugh when he said "it's your money until you want it back".

Just a day before yesterday I experienced the same thing. I wanted to withdraw some cash on machine but was getting an error display that I have exceeded my daily limit. I had to split the transaction into two instalments instead of just one but I still couldn't able to get up to the amount I wanted due to limit.

Mind you, the account is upgraded to the top tier but they still restrict huge transactions that reset daily. It's a shit asking to upgrade to institutional account status to be able to perform larger transactions.

[Doll2233]

I saw that video on X last night, BTC maximalist account posted it. For me, that is the easiest way to tell normies why they should own Bitcoin. The most basic thing is that they can really have full control over the assets they have. I hope he can also create a video explaining other aspects of BTC value, such as its limited supply & superior portability, obviously it will give normies a more better understanding of BTC.

After every incident things are being exposed, and people are feeling why financial freedom is important for them because now with tactics like these things are getting worse and frustration is increasing, but these big institutes, which are controlling everything and have enough potential to scam us, are not allowing for having things on balance, and everyone can do what he needs on the spot.
Limitations and then asking enough questions are always problem many are facing worst things just because of these but still have no enough space to live easily because they are not allowing and keeping restrictions on funds even after months they are not releasing funds which is worst because many are having not good situation and they are also having not enough sources to fight with this stiauton its simple bitcoin is having change.

[uchegod-21]

@op, I know you love Bitcoin, i love Bitcoin too and many of us here in this forum also love Bitcoin. But I partly do not agree that tbe traditional banking system is entirely slavery. It could be anything but the word slavery is an over exaggeration.

We may not agree with the traditional system on some certain things, but one thing is certain, fiat or the traditional system has its own quality, importance and purpose that Bitcoin may not be able to replace.  Especially in the aspect of having a stable currency that can aid daily bills payments and other expenditures that may require a stable currency.

Satoshi understood this earlier, that is why he created Bitcoin not with the intention of making it a replacement, but an alternative.

[Pablo-wood]

Bitcoin has its advantages, but most people only see the whole thing through profit, so they will always choose what is more profitable. We can see that over the years the appetite of large investors has increased, while on the other hand, the interest of small investors has decreased.

I think how Bitcoin was presented to most people contributed to their approach towards its usage. Besides that, most developing countries don't have many retail outlets accepting Bitcoin as a payment option compared to most developed nations, so the few who use it are more likely to see it as an investment or a store of value rather than something they will want to spend.

As for the decrease in small investors, I would say patience and low income also play a major role. Someone with limited capital may not have the patience to wait several years for their investment to grow into something meaningful. They might instead look for alternative ways to grow their money much faster, especially in cases where they see others getting quicker returns from other investments.