A few weeks ago I wrote about how the technology behind bitcoin, blockchain, could be used in ways other than for currency.
You could exchange it for goods and services but no central bank would be able to influence.
You can prove you own a particular bitcoin because all the other bitcoins in the system have the transaction data proving you are the rightful owner.
Central banks have many tools to control the value of currency, most of which involve controlling the amount of currency in circulation, such as printing more money .
So if you are paid on a down day and then the next day you need to buy food but it happens to be an up day …
I find it ironic that bitcoin was created to help free people from big government but as of today, it is helping make big investment firms money.