Bitcoin Forum

Mexican drug cartels are run by 6 big banks.
https://www.youtube.com/watch?v=NggK6TxHV1g

Not watched the video, but the title is precisely the sort of response that I give to crypto naysayers who say that "Bitcoin can be used to fund crime".

Lol, many facepalms have been used.

LOL
+1

One story after another, no end in sight, decades upon decades of behind the scene deals, murder, rigging of elections, crushing the poor and middle classes, creating a “Hell on Earth” for the average citizen. And it’s everywhere you look not just Mexico.How can it continue, how do we stop it. It’s demoralizing to say the least and the honest men and women, trying to make a positive contribution don’t seem to have much luck, are marginalized or worse.And it’s always the same players, names, that keep popping up, time after time, generation after generation.

Heh, this becoming so visible even the stauchest of skeptics are accepting it as true. Don't get me wrong, a healthy does of skepticism is needed in a lot of aspects of life. But even a skeptic needs to recognize the corruption of our financial sector has reached nauseating heights.

If you check out infamous skeptic Brian Dunning's Facebook page, he recently made a public statment that no conspiracy theory has ever been proven true. An asinine statement if you ask me, but nevertheless he said it on the Joe Rogan podcast. When someone presented the fact that Lyndon LaRouche had pegged HSBC as a drug money laundering bank two decades before it was "proven" just last year (with a fat 2 billion dollar settlement and admittance of guilt), all he could say was "good point".

Also it's interesting they discovered a guy holding 22 billion dollars in cash at his residence and the reasearchers assume there are around 27 houses like his in Mexico!

Mexico is truly a drug Mecca :D

the guy had a tiger for a pet..

wouldn't be surprised if the bank thing was true, the banks and the drug cartels have too much money on their hands

http://d3j5vwomefv46c.cloudfront.net/photos/large/497319835.gif?1326737536

Did he hold them under the mattress?

This is old hat, isn't it?

Mexico is cartelised beyond belief, across all sectors of the economy, legit and illegal

The Mexican drug lords are very loyal to Goldman Sachs, JP Morgan.etc. Therefore they don't use Bitcoin.

On the other hand, the bankers repay their loyalty by raiding competitors such as SR 2.0 with their FBI lapdogs.

Goldman Completely Obliterates Bitcoin In New Report
http://www.businessinsider.com/goldman-completely-debunks-all-the-arguments-for-bitcoin-2014-3

Sadly the truth is alot of these major banks have been caught in money laundering schemes with some of these large drug organizations (not just mexican cartels) multiple times. The dollar bill will always rain supreme in the eyes of man, don't see anything in the near future changing that, we might even see things worsening with the current economic collapse.

Two of the banks most notable in these schemes are HSBC and wells fargo, but does not mean these are the only two involved in illegal activities.

Right. What's next, will you try to tell me that the federal government sent the cartels a bunch of machine guns? /s
;)

Gang Trafficking in Child Organs Fought by Mexican Vigilantes
https://www.youtube.com/watch?v=acVX1HlEi-k

For a few years I've joked that marijuana wouldn't get legalized because it would hurt the banking industry that laundered drug money.

It is not a joke. It is a fact. Just look at Colorado. The banks are refusing to co-operate with small business owners who sell legal recreational marijuana.

Add credit suisse to that list