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Bitcoin, our freedom from banks The founder of Bitcoin, Satoshi Nakamoto, proposed an electronic payment framework referencing a mathematical proof. He wanted to create a currency independent from any centralized governance, that could be transferred digitally very fast in mere minutes with significantly small fees. Buy anything online You can use Bitcoin to shop online—kind of like the mainstream dollars, pounds, or euros, which are also used in transactions online. You’re in charge, Not some bank Arguably one of the best features of bitcoin is that its decentralized. There isn’t a single institution that controls Bitcoin’s network. It means that you’re the only one who can control your money.