With Bitcoin, you can be your own bank. Levine Bradley Keoun Dec 20, Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Case in point: Scott Snaith, CEO of 50cycles, whose private and business accounts were frozen after performing a sizeable transaction on a cryptocurrency exchange. On top of that, LocalBitcoin is not for everyone since many people have safety concerns a year-old Norwegian , for instance, was brutally murdered while trading Bitcoin P2P. No referral links in submissions.