> Except I need an exhange to get the coins and turn the coins into usable currency I bought my phone with bitcoin, graphic card, many house hold items with bi

> Except I need an exhange to get the coins and turn the coins into usable currency I bought my phone with bitcoin, graphic card, many house hold items with bitcoin (no conversion). But I do understand your point. Thing is, bitcoin is still in very early stage. > Meh, the biggest investors are still in control in practice. that's false. tell me how big investors can stop or take my bitcoin? > Yet they can claim taxes on transactions, seize funds, stop you from exhanging the funds into usable currency. But yeah they can't stop the transaction itself, which is also true of cash, except trash isn't also completely traceable. that's totally fine and by design. nothing wrong with paying taxes. They can confiscate, but they can not target you and confiscate because you belong to some group, deplatform you. That's the point. > Last time I bought some bitcoin I had to scan my passport just to buy it on an exchange. you have 1000s ATMs around the world, you can exchange without any ID. I've sold and bought p2p many times as well. This will improve with wider adoption.