Why Use Bitcoin?

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As things stand, you are required to trust retail banks or building societies to hold your cash on your behalf. As numerous financial crises have revealed, the trust we hold in these institutions is often far from wanted. With bitcoin, you can hold your money in an online or off-line bitcoin wallet (something that we will cover in another educational article) and manage it as you wish. There are no interest charges or overdraft payments, and no government or company can dip into your Bitcoin Wallet.

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