A gigantic step of mankind!

What is the magic of Bitcoin? Here is the best one I have seen:  

The magic of Bitcoin is not digital currency. The magic of Bitcoin is not the blockchain. The magic of Bitcoin is decentralization. Removing power from the center and spreading it as far as possible. It's the same magic that makes the Internet what it is today. That gives it power and makes it uncensorable and impossible to shut down. The same thing that means you cannot unpublish something on the Internet, means that you cannot stop something that's on Bitcoin.

Now the Magic Bitcoin has made a gigantic step: it has been officially recognized and promoted as the fiat currency in a sovereign country: 

While many people are still worried about its fate and legality here in the US, Bitcoin has also been quietly included in the FDIC-insured checking account business. 

It's not getting much press, but the folks behind family-owned Vast Bank just did something big. They unveiled a program that allows customers to purchase crypto directly in their FDIC-insured checking accounts. It means the market is opening to an entirely new crowd... the huge crowd of folks who are interested in crypto but aren't so sure about the technological hoops.

Straight from the CEO of Vast Bank, Brad Scrivner...

There's lots of different customers out there that may want to control everything and have their own wallet, their own passcodes, and then there are those who are crypto curious and may prefer to work with a bank or an intermediary, just because they don't quite understand.

You may have noticed a flash crash of Bitcoin and all the altercoins in the past few days, which brought down 20-30% down of their values within hours. It may feel scary but I'm happy to see it as a great buying opportunity for adding more of what I'd like to own. Only when you truly understand what Bitcoin really is, then you won't worry much about its day to day volatility. If anything, it offers more opportunities to buy them cheaply!😜🤗