[mancerayder]

> However, I want to understand why using banks or FinTech companies for money transfer is so bad?

I've never done it, but when I lived abroad and I had to transfer money, I got fleeced by banks and then (a few years ago) there weren't really any alternatives. I don't have any skin in the game with Bitcoin, but I guess that left a foul taste in my mouth.

There've been other comments about Bitcoin that are a bit more nuanced and interesting, in one case there was a gentleman from Argentina making an impassioned case for the use over and against the polices of his government.

I think there's an element of institutional mistrust that Bitcoin claims - maybe wrongly, given how centralized it is - to solve.

[rcrisan]

Certainly the most important value proposition from the companies behind the established cryptocurrencies is the decentralized network for value transfers. No more "brokerage" firms. Getting rid of these feels like an emotional fulfillment; and today this beats pragmatism. Thanks for writing.