If you don't know who created it or why it was created?
1.you cannot tell me the machine model numbers of the federal mint
2.you cannot tell me the ALL security features of a bank note
3.you cannot tell me the licence/patent details of the cotton paper or ink
4.you cannot tell me chemical content of the paper and ink
5.you cannot tell me the exact figure of fractional reserve right now
6.you cannot tell me what the total number of bank notes will exist in circulation in 20 years
7.you cannot tell me the name of the artists that drew/designed the latest bank notes.
8.you cannot tell me that if you stored $1million in a bank account. that you would be happy leaving it there (knowing only $250k is insured)
9.you cannot tell me if your local bank will still exist in 20 years.
10.you cannot have a conversation with the inventors and innovators of bank notes.
so why do you trust bank notes??
but with bitcoin
1. avalon, terrahash, etc
2. sha256, eliptic curve, decentralisation, difficulty
3. mit open licence
4. sha256, eliptic curve, asics. (sourcecode is fully open to read every line and detail.)
5. zero
6. 20million
7. satoshi originally, now gavin andressen, jeff garzik, etc
8. if its on a address associated to a privkey only i have, it will be there for as long as only i have it.
9. privkeys dont need banks/online wallet services/exchanges
10. anyone can talk to gavin, jeff and the rest of the bitcoin team.