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I don't see how banks lending out my savings at fairly low risk in order to earn me a small sum of interest means my savings are being "manipulated".

Besides, if I really want to run the hell away from banks, I can always take all my savings out as cash and either bury it in my backyard that way, or buy its worth in some fixed commodity and bury it in my backyard that way.

Of course, that presumes I have a rather large backyard and a rather large time horizon for savings! When I don't, a bank is very useful, actually.

And of course, let's not forget that bitcoins can be lost forever if my dog eats a scrap of card on which I kept my wallet.




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