The concept of money has been proven to be difficult to grasp for most everyday consumers. In fact, we have no idea how money came to be to begin with, although one could argue the concept of “money” is older than even language itself. Have we been using money incorrectly all these years, and if so, what can we do to adapt?
It will only be a matter of time until centralized Bitcoin services will feel the wrath of the traditional financial ecosystem as we know it. Several Bitcoin exchanges have been struggling to find reliable banking partners in recent years and certain banks started halting all transfers involving Bitcoin. But when Bitcoin service providers start freezing funds and banning bank accounts themselves, things are starting to look very worrying.