Danijel Regojevic
Sep 4, 2018 · 1 min read

“Cryptocurrency removes a whole layer of banking bureaucracy, giving you financial freedom. Even electronic payments can’t give this freedom — PayPal, for example, can freeze your account any time it has any suspicions. Nobody can ever freeze or forbid you access to your Bitcoin wallet. You don’t leave any personal information while using cryptocurrency. You are the only one who has access to your funds.

So, answering the question “Is Bitcoin truly decentralized?”, we will say with absolute certainty: “Yes, it is”.”

Not really. It would remove the mentioned layer if you could go and buy a house with BTC. But since you must relay on an exchange to cash out, then you are back in this layer everyone is avoiding. Only when trading in illegal sphere can you really be unmanaged and free from banks and governments.