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Well, money isn't secure in the sense that it doesn't protect you against inflation like bitcoin does; also, the money in the bank can be taken from you while y

• tsimionescu 5y ago
  Nothing stops a democratic country from deiciding they don't want to accept inflation in their fiat currency, just like in Bitcoin. The reasons this isn't done are complex, having some amount of corruption but also knowing that printing money is the only known way of getting out of a deep economic crisis, like the great depression. And Bitcoin will not protect anyone from non-financial inflation, such as rising energy prices causing a rise in prices for most other goods. If anything, Bitcoin would make kt harder to actually transact in this type of market potentially leading to problems of simply there not being enough money for the economy to function. Finally, while Bitcoin may give some protection from a hostile government, it also leaves you with no protection for much more common cases of fraud, forgotten/destroyed passwords etc. Not to mention, most people transact Bitcoin through an exchange, the equivalent of a bank, which could probably be forced to cede control of "your" wallet to a government just as much as any other financial institution.