> However, there are probably a few folks who don't use banks (don't trust 'em or don't use 'em just because) and this is how they buy a house or buy a car or g

> However, there are probably a few folks who don't use banks (don't trust 'em or don't use 'em just because) and this is how they buy a house or buy a car or go from one state to another with their possessions. It may help to compare cash to bitcoin to help you imagine it. One of bitcoin's motivations is, "Why does the convenience of electronic transfer come bundled with central authority?" If you can reduce middle-man risk, that's a good thing. Banks have lost reputation with the poor to the point that it's seen as less risky to transport sums in cash.