Key point: 1. No banks or government. Yes, no banks or government. 2. No hide and seek, everything is online for anyone to observe.
This is huge. Having a decentralized money sounds awesome, yet it comes with few issues. First, the awesome part: You, and only You are in control of your money. No one can freeze your account, determined limits or control your coins/money in any way. That will bring us to the money value issues. The value may vary a lot, that`s where transparency jumps in to help a little bit. Each and every transaction is recorded and publicly available. Full anonymity can be achieved, but it`s not easy to do so. Consider you have anonymity to a certain extent which is not to be underestimated.
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