$3000 dollars is a ridiculously low amount when it comes to trusting a bank. Deposits up to 100000$ are usually insured by the state and save unless there is a

$3000 dollars is a ridiculously low amount when it comes to trusting a bank. Deposits up to 100000$ are usually insured by the state and save unless there is a major crisis. I think the fundamental misunderstanding a lot of people have, is that they use money as a value store. It is pretty crappy at that and that is by design. You are supposed to invest or consume with the money you earn, not leave it in your bank account or wallet, which is why what currency you use is more or less irrelevant as long as it is relatively stable and doesn't devalue too fast. The things Bitcoins are good at are niche applications for the majority of the population and simply irrelevant for the majority of "business users" of money, since they already have ultra-fast money transfer etc. available.