jmoon (OP)
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March 11, 2013, 09:28:03 PM |
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Hi,
we all know the banking system is the best investor in what money is concerned. Do you believe they already started doing some investments on bitcoin? Why don't they do it publicly?
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MoonShadow
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March 11, 2013, 09:29:56 PM |
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Hi,
we all know the banking system is the best investor in what money is concerned. Do you believe they already started doing some investments on bitcoin? Why don't they do it publicly?
No banker in his right mind would invest in bitcoin, at least not officially.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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butjust41day
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March 11, 2013, 09:52:15 PM |
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The United Nations could never bring about a world currency.They would argue it to death.
I think the central bank system will embrace bitcoin. Basically it's their nature to believe they will control everything eventually (and so far they control entire nations by debt) so it poses no threat. Additionally it will be a useful tool when they want to harvest wealth from local economies.
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davincisolari
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March 11, 2013, 11:36:29 PM |
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Maybe the banks are investing in bitcoin already?
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Jobe7
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Now they are thinking what to do with me
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March 11, 2013, 11:40:45 PM |
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'bankers' may already be investing, but i think it will be some time before the 'banks' themselves invest (and those ruling the banks will probably fight before they invest, depending on how far along bitcoin is at that time).
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ndr
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March 12, 2013, 12:33:45 AM |
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bankers are allready investing because they know they're f$^$^%$#53
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mjh5054
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March 12, 2013, 02:12:13 AM |
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I think it's probably too immature for large banks to take on such a risky investment. There are still arguments that BTC will be less than ideal in the long-term, and will ultimately fail. (not my belief, but probably not worth the risk for large banks).
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JDLundy87
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March 12, 2013, 03:30:22 AM |
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As soon as bankers realize they could make money, they'll be all over it.
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neilcoleman78
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March 12, 2013, 03:40:00 AM |
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As soon as bankers realize they could make money, they'll be all over it.
1+
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kyvomaniac
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March 12, 2013, 05:19:03 AM |
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I'd say they may start seriously considering it when 1 BTC = 500 USD. They're playing in sums far beyond the reach of the collective BTC at its current value by far...
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lucretiamyreflection
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March 12, 2013, 12:38:18 PM |
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Possible that; Only will if they feel it can be manipulated for their greed. Otherwise they will lobby to have it banned, even though that's most likely out of reach-they may try etc.
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Questing
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March 12, 2013, 12:54:44 PM |
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Bitcoin might inspire the banking community to develop something new. An answer to bitcoin. I doubt they will just role over and take it. Whats this ripple thing I've heard about? Did the banks come up with that?
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cyberthane
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March 12, 2013, 03:17:44 PM |
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I dont think its far off... at all...
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Huffmeister
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March 12, 2013, 03:48:31 PM |
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Hopefully a decade or 2, I am certain that it would diminish the quality / profit ratio from bitcoins a whole lot.
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Raoul Duke
aka psy
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March 12, 2013, 03:57:39 PM |
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dkdanielkli
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March 12, 2013, 04:15:34 PM |
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I don't think that any bank would ever invest in Bitcoins as it is not regulated by any gov etc..
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Raoul Duke
aka psy
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March 12, 2013, 04:38:59 PM |
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I don't think that any bank would ever invest in Bitcoins as it is not regulated by any gov etc..
Read the link I posted above.
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