[RegulatorCountry]

Bitcoin is a method for moving value from one to place another without regard for borders or interference from the IRS or the NSA. Nor is there a bank picking off a little bit of every transaction, every step along the way.

So, you're saying it's a conduit, a means to an end, much as paper is to dollar bills just more ephemeral, therefore easier to conceal.

Why would banks handle a transaction in bitcoin for free, by the way?

[Vermont Lt]

Clearly you don’t get it. There are no banks in the mix.