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Author Topic: Could the banking system be behind cryptocurrenices?  (Read 1848 times)
Vispilio
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June 18, 2017, 12:00:12 AM
 #21

Fiat money is on limited time ever since the 2008 liquidity crisis. Central Banks printed unlimited cash to bail out centuries old investment banks, at the expense of ALL the rest of the world.

Tremendous amounts of dollars without any backing were printed, yet USD continued to gain against all the currencies of developing countries and rest of the world, meaning the entire world paid the exponentially leveraged debts of Wall Street.

Ever since then pretty much the whole world hates the USA, Europe has aged itself out of the game through a non-procreating feminized population, so it's only a matter of time before the leading fiat currencies like USD & EUR blow up.

Crypto-currencies are the way of the future.

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June 18, 2017, 12:10:37 AM
 #22

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

If someone wants to control people there is nothing better than credit cards and banks where you have to use your identity data and they can control your ass with few clicks. In cryptocurrency world even if you can monitor blockchain a wallet has no owner name and cannot be blocked by an authority that decides to block your funds. So your claim makes no sense.
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June 18, 2017, 12:33:14 AM
 #23

So is it safe to say that Jihan Wu is the head of Illuminati and theymos is one of the board members? I had a feeling damn I knew it  now I'm going to shun Bitcoin after I dumped whatever I have.
Bitcoin was sent by God using an angel named Satoshi, we can revolt against all the governments and all the big banks(not big bang)lol by using and adopting Bitcoin, we need to write our own laws and change the rules into our liking, this is just the start of a long and game changing revolution. if they wanted to have a one currency then they suck at it because Bitcoin is both decentralized and open source. the only possible way to manipulate us in the future is by holding more than 70% of all the coins which I suspect they have been doing the accumulation for a few months now just when all the crypto coins prices started to fly for the moon.

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June 18, 2017, 02:30:49 AM
 #24

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

Why would banks ever invent bitcoin?

There is no way that they invented it because bitcoin allows us to not use their services to transfer money. It also allows us to not use fiat currencies all the time, which essentially means that all bitcoin users are free from government rule.

This isn't in their best interests at all. It is totally anti-federal reserve. Governments want bitcoin to be gone.
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June 18, 2017, 02:53:53 AM
 #25

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

Why would banks ever invent bitcoin?

There is no way that they invented it because bitcoin allows us to not use their services to transfer money. It also allows us to not use fiat currencies all the time, which essentially means that all bitcoin users are free from government rule.

This isn't in their best interests at all. It is totally anti-federal reserve. Governments want bitcoin to be gone.

We all know who invents bitcoin but Its very got a high possibilities that banking systems can be behind of some crypto's since they can create for themselves if they want to create it. And maybe they will look up for this situation since CryptoCurrencies are one of the top trending neews on online business industry and if they keep looking on how profitable it is surely they will think to have it in future.

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June 18, 2017, 06:34:54 AM
 #26

Bitcoin has created a huge loss to banks in transaction sector and bankers see bitcoin as their main rival.Bitcoin has freed people from banking sector and it is a decentralized currency uncontrolled by any one.Banks and governments have tried their best to destroy bitcoin.I don't understand why OP got this doubt.
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June 18, 2017, 07:21:20 AM
 #27

The banking system is about maximizing their profits so if it fits in with that agenda they will adopt it but otherwise reject it.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.

Believing in Bitcoins and it's ability to change the world
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June 18, 2017, 07:49:23 AM
 #28

This is a very very funny post speculating on something which is already known and established -- that Nakamoto could not be involved with the government otherwise he would not try to create Bitcoin which is kinda a little bit against the traditional set-up we have in the financial and even in political sectors.

Bitcoin is a disruption against the common control as established by our central banking system. In  Bitcoin, the control is given to the people or the holders of the currency. While we can never stop the government from also getting involved with cryptocurrency, it does not mean that the government has a hand on this one.

I am also tired of all of these Illuminati conspiracy theories which are actually nice for a movie script and for fantasies while lacking in solid evidence.
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June 18, 2017, 08:01:35 AM
 #29

I cant tell about conspiracies or whatever hidden agendas behind crypto...

But i can see what happens right now , i think .

Sold out all capable GPUs , big electricity bills , newcomers willing to turn flat into crypto ...
Exits are closed , HODLing is more than religion to many Crypto natives.

The whole Crypto ecosystem produce what Governments,Banks etc WANT !

CONSUMPTION Smiley

void
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June 18, 2017, 08:05:06 AM
 #30

The banking system is about maximizing their profits so if it fits in with that agenda they will adopt it but otherwise reject it.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
True, Banks are not fools, its should already be in the game for some time ago, they just have to wait  some time now, also if it become more popular they will look for ways to create new financial services and charge for those services, finally that's what they usually do.
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June 18, 2017, 08:09:45 AM
 #31

Already around the world several countries have digitised their entire services through digital token usage for transaction and through other means. Now once again banks behind bitcoin is not gonna happen and bank might use bitcoin for specific purposes during transaction.

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June 18, 2017, 01:01:04 PM
 #32

definitely not banks,but structures close to the world goverment
the idea is to wipe the debts and restart the pyramid using no fiat money and to try and transfer everything money related into digital/cyber space
I think they are trying to remove fiat money,especially the notes and force people to use cards,accounts,wallets etc.
anything that can be controlled remotely online and turned on off at will
cryptocurrencies are the ideal choice here,you are dependant on the internet -no network=no money

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June 18, 2017, 06:18:06 PM
 #33

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

It could be that they tried to make bitcoin an experiment, then convert it into something they can control like giving it massive blocks, or supporting Ethereum/Ripple or anything else they can easily control.
But bitcoin as it is right now, it's not really good for the banking system.
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June 18, 2017, 06:20:57 PM
 #34

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!
In my opinion bitcoin was not created by the banks or governments, if it was then they should have added other characteristics to bitcoin, like the ability to print it at will, or a central authority of some type, bitcoin does not have anything like that, and we have seen governments working on their own coins with those characteristics, to me that is proof enough.

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June 18, 2017, 08:06:49 PM
 #35

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

The way bitcoin is, whether an individual backs it up or group of individual is actuay not a matter for discussion but the aftermath of the project which has come to turn out well. If the bank has even supported it as you have rightly alluded then it defies reasoning in the sense that how would someone sponsor what will literally bring an end to its existence which is something bitcoin is going for if all things are held constant.
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June 18, 2017, 08:40:52 PM
 #36

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!

Why would a banking system related entity would be behind the existence of cryptocurrency when most of the cryptocurrencies out there are designed to be untouched or decentralized. They even hate to be regulated. Banks is all about regulation of money so why make cryptocurrency? Maybe the entity behind is sick about the regulations of money in the banks so he/she/they made cryptocurrency just to fill their wants? It seems illogical.
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June 18, 2017, 11:28:32 PM
 #37

I don't think banking is behind the bitcoin, because the bitcoin principles is very different with banking system, the banking really serious about the transaction transparency while bitcoin is far from it and all the banking system is centralised, I believe bitcoin was made by some group of people who wants a revolution


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Krillin61
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June 19, 2017, 12:00:00 AM
 #38

Of course not. Blockchain is the one who regulates crypto currencies, and it's decentralized thus government can't regulate it. Also, its developer's identity wasn't shown publicly so thay government can't control them.
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June 19, 2017, 01:09:46 AM
 #39

The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.

DUN DUN DUN. Illuminati confirmed!

All jokes aside this is a very serious question....... VERY SERIOUS!
We dont know but there is always possiblities that banking system be behind cryptocurrencies. How come that unknown person build this crypto with no one will help him/her. Ofcourse the owner of bitcoin build a team and they are working together for the bitcoin's future. There is always a backup. In business there is always partnership.
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June 19, 2017, 01:16:48 AM
 #40

Bitcoins just the replacement for liberty reserve.   Wink

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