Bitcoin has been the start of a revolution in the digital age. The coin was made because of the failures in the bank system (e.g., financial crisis in the past 10 years). The systems were designed to be free from intermediaries (e.g., the banks, the exchanges). Is it still the case? If you want to start playing in such market you need to utilize exchange platforms, in many cases ruled by individuals or companies that are located in fiscal heavens. As an alternative, if you have already your wallet, you might use one of the exchanging machines (e.g., SBB ticket machines). In both cases, you will be charged a fee, for example, SBB originally charged 6% . Hence, the answer to the question is not: you need an intermediary . Most of the exchange platforms are not secure, meaning that you should check their reputation first, and you should not hold your wallet, nor your private key, online. In fact, there have been many cases of security accidents . At the end of 2017, we have se...