With some research and a little technical aptitude, distributed forms of money such as bitcoin can be used as the digital equivalent of cash, offering the potential for anyone to theoretically bank themselves without relying on traditional financial institutions.Additionally, innovative wallet technologies mean anyone can store vast amounts of value without the need to trust governments or banks. From brain wallets to paper wallets, multisig to BIP32 hierarchical deterministic technologies, the ability to store cryptocurrency value independent of a third party is becoming more sophisticated by the month.This all adds up to a revolution in personal finance that can be attributed to smart and enterprising developers who see digital currencies as a means for independence that has never before been possible.

Source: Bitcoin: A Means for Global Independence