What’s Not To Like?
With regard to your money, here is the status quo:
The greatest threat to the well being of your pocketbook is not shown on the figure. It’s the fact that (despite “regulations“) the banks can loan out and/or invest a large fraction of the money you have deposited in their virtual “vaults” in all kinds of schemes that are highly risky to you… but not to them (thanks to the bailout and get-out-of-jail free cards they’re allowed to possess).
I’m not a right wing libertarian, so I don’t mind paying taxes to the government. However, since the banks have the power to play dice with my money, I do mind paying fees to fuel their reckless lending and investment practices.
As an alternative to the status quo, Bitcoin has the potential to entirely erase the shady banking industry as we know it from the landscape:
So, what’s not to like?