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Author Topic: READ THIS: BANKS & GOVERNMENTS are currently trying to BAN/CONTROL Cryptos  (Read 169 times)
go_truth (OP)
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January 09, 2018, 09:14:19 AM
Last edit: January 09, 2018, 12:22:57 PM by go_truth
 #1

Bankers & central banks are afraid to lose their jobs because of cryptos, so they try to scare governments about:

1) Their FIAT currency
2) Losing control and power
3) Losing taxes revenues

What they currently do is:

- SCARE PEOPLE on Social medias, Internet, Press or TV (CNBC for instance).
- Create ARTIFICIAL VOLATILITY on cryptos (they have enough funds for that).

They want an EXCUSE to "protect" investors: take CONTROL (REGULATIONS OR BAN)

Now, every day, the US Government is putting pressure on other governments & companies on the planet:

- They "ask" the companies not to accept Bitcoin anymore (threat)
- They "ask" the other governments to ban or regulate Bitcoin transactions (threat)
- When Bitcoin volume is high, NSA is attacking non-US crypto exchanges (DDOS Mainly Bitfinex & Binance).

*** THEIR PLAN IS TO ISOLATE BITCOIN INTO A VIRTUAL WORLD ***

The 2008 financial crisis caused 500,000 CANCER DEATHS (If any doubt, just do your own research).
                  9/11 WAS ### A JOKE ### IN COMPARISON

Who is mainly RESPONSIBLE FOR THIS CRIME?     ===>   BANKERS
Have they been to JAIL?    ===>  NO
WHY? JUST THINK.

NEVER FORGET THESE INNOCENT 500,000 VICTIMS WHO SUFFERED BEFORE DYING (LIKE SHOAH)

DO NOT LET THEM F#CK YOU AND YOUR FAMILY ONCE MORE.

===> ACCEPT CRYPTO PAYMENTS FOR ANYTHING INSTEAD OF FIAT. BUY MORE CRYPTOS. <===

WE DO NOT NEED ALL THESE MOTHERF#CKERS ANYMORE.

NOW YOU KNOW. ====>  PLEASE SPREAD THE WORD.   THANKS
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January 09, 2018, 09:23:03 AM
 #2

Even though few governments are looking at bitcoin positively after Japan legalized it, but majority of the banks are just afraid of crypto currency because it is a threat to their business. The current market cap of crypto coins are 762 billion USD which has already filtered out of the banking system worldwide. SO the more growth crypto market will see, the more money will go out from the hands of the banks. That's where they are concerned and worried. So attack from the bankers are not something unexpected. They are a business organization who runs on people's money so more interested people on crypto market will cause them to loose their business. So they will try to push the governments to ban crypto currency in any way. Banks have already started taking unethical measures like banning or freezing account for crypto transactions, so they are trying to take the playing field to a new unethical level. So it's better we start ignoring them for our own good.

   
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coinycoiny
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January 09, 2018, 09:30:43 AM
 #3

Its more plausible to say that banks/governments are concerned that their citizens might loose a lot of money in this bubble.

Hats of to China and others who spotted this risk and actually did something that lets their population lock in the profits they've made leaving the rest of the world to pay the bill later.

As an aside, the electricity wasted by bitcoin must be around half of the cost of the coins mined each day. So as btc increases in value it digs a hole for itself.
go_truth (OP)
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January 09, 2018, 12:15:50 PM
 #4

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January 09, 2018, 12:19:47 PM
 #5

Bankers & central banks are afraid to lose their jobs because of cryptos, so they try to scare governments about:

1) Their FIAT currency
2) Losing control and power
3) Losing taxes revenues

What they currently do is:

- SCARE PEOPLE on Social medias, Internet, Press or TV (CNBC for instance).
- Create ARTIFICIAL VOLATILITY on cryptos (they have enough funds for that).

They want an EXCUSE to "protect" investors: take CONTROL (REGULATIONS OR BAN)

Now, every day, the US Government is putting pressure on other governments & companies on the planet:

- They ask the companies not to accept Bitcoin anymore
- They ask the other governments to ban or regulate Bitcoin transactions
- When Bitcoin volume is high, NSA is attacking non-US crypto exchanges (DDOS Mainly Bitfinex & Binance).

*** THEIR PLAN IS TO ISOLATE BITCOIN INTO A VIRTUAL WORLD ***

The 2008 financial crisis caused 500,000 CANCER DEATHS (If any doubt, just do your own research).
                  9/11 WAS ### A JOKE ### IN COMPARISON

Who is mainly RESPONSIBLE FOR THIS CRIME?     ===>   BANKERS
Have they been to JAIL?    ===>  NO
WHY? JUST THINK.

NEVER FORGET THESE INNOCENT 500,000 VICTIMS WHO SUFFERED BEFORE DYING (LIKE SHOAH)

DO NOT LET THEM F#CK YOU AND YOUR FAMILY ONCE MORE.

===> ACCEPT CRYPTO PAYMENTS FOR ANYTHING INSTEAD OF FIAT. BUY MORE CRYPTOS. <===

WE DO NOT NEED ALL THESE MOTHERF#CKERS ANYMORE.

NOW YOU KNOW. ====>  PLEASE SPREAD THE WORD.   THANKS

Actually it is not the banks who are very desperate but the governments. The banks are already into cryptocurrency and they are launching their own coins and this means they are already getting profit from it. Did you hear the news about XRP and how the big banks are backing it up. The one that is against bitcoin and cryptocurrency is the US government since the more people are investing in bitcoins the more USD are going out of the United States and this will result in economic breakdown if it continues.

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guybrushthreepwood
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January 09, 2018, 12:25:46 PM
 #6

Bankers & central banks are afraid to lose their jobs because of cryptos, so they try to scare governments about:

1) Their FIAT currency
2) Losing control and power
3) Losing taxes revenues

What they currently do is:

- SCARE PEOPLE on Social medias, Internet, Press or TV (CNBC for instance).
- Create ARTIFICIAL VOLATILITY on cryptos (they have enough funds for that).

They want an EXCUSE to "protect" investors: take CONTROL (REGULATIONS OR BAN)

Now, every day, the US Government is putting pressure on other governments & companies on the planet:

- They ask the companies not to accept Bitcoin anymore
- They ask the other governments to ban or regulate Bitcoin transactions
- When Bitcoin volume is high, NSA is attacking non-US crypto exchanges (DDOS Mainly Bitfinex & Binance).

*** THEIR PLAN IS TO ISOLATE BITCOIN INTO A VIRTUAL WORLD ***

The 2008 financial crisis caused 500,000 CANCER DEATHS (If any doubt, just do your own research).
                  9/11 WAS ### A JOKE ### IN COMPARISON

Who is mainly RESPONSIBLE FOR THIS CRIME?     ===>   BANKERS
Have they been to JAIL?    ===>  NO
WHY? JUST THINK.

NEVER FORGET THESE INNOCENT 500,000 VICTIMS WHO SUFFERED BEFORE DYING (LIKE SHOAH)

DO NOT LET THEM F#CK YOU AND YOUR FAMILY ONCE MORE.

===> ACCEPT CRYPTO PAYMENTS FOR ANYTHING INSTEAD OF FIAT. BUY MORE CRYPTOS. <===

WE DO NOT NEED ALL THESE MOTHERF#CKERS ANYMORE.

NOW YOU KNOW. ====>  PLEASE SPREAD THE WORD.   THANKS

No bankers are going to lose their jobs over crypto and cryptos will likely just exist outside of fiat as an alternative as opposed to actually killing it. The powers that be aren't going to spend money to manipulate the markets either. They don't even need to spend money to do this any way. Propaganda and fud will do it for them but the markets are already manipulated by whales and weak hands panic selling.

As for governments being scared about missing taxes this is also nonsense. Sure you can evade taxes with bitcoin but you can also do that very easily with cash. If you make all your transactions via hand to hand cash payments then you can easily avoid paying income taxes and many people already do this way. Governments benefits from bitcoin more than they lose from it because it's just another source of taxable revenue for them and there's been countless millionaires and jobs that have been created out of thin air due to crypto and they'll all have to be paying either income tax and/or capital gains tax on that. If they don't then they'll just come after you the regular way with threats of fines and prison if caught. Pay your taxes that are owed and you'll be fine.
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January 09, 2018, 12:36:47 PM
 #7

the "word" you ask us to spread is wrong because you are first of all saying "currently" which as it happens, this is not something new. the "war against bitcoin" has been going on for a long time now. and they have never been capable of banning or controlling bitcoin.

this eventually led to creation of centralized cryptocurrencies such as Ripple by the banks to try and compete with bitcoin and in the end the project purpose turned into a money making purpose instead of any kind of competition.

I specifically find the following funny:
Quote
When Bitcoin volume is high, NSA is attacking non-US crypto exchanges (DDOS Mainly Bitfinex & Binance).
this only shows that you don't know anything about any of these places.
the only reason why these exchanges and also others like Coinbase, Kraken, Poloniex, ... go down is because they are shitty businesses who don't plan ahead of time for the surge of requests their servers are going to get and refuse to upgrade to stronger ones that can answer that kind of user demand at times of pump and dumps.

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January 09, 2018, 02:55:33 PM
 #8

Do you reqlly believe those fairy tails? In some countries banks are exchangers of bitcoin and other currencies and how can you say that they are against this? They even make great profit from exchange fees and for example in my country banks are trying to make crypto popular.
They do other thing and get other thing. If they say that they are against crypto, it means they like it and look it as a way of profit but just to make themselves look differently in people's eye.

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January 09, 2018, 03:18:08 PM
 #9

Some country is not against Bitcoin but they have issued warnings to their people since banks and government can't protect their rights when it comes to Bitcoin.. .. but some are trying to go with the flaw also.... every country has their own opinions by the way....

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January 09, 2018, 03:23:29 PM
 #10

It is a complex situation.. while some countries like Japan are open most of other countries central banks are approaching this with caution and they do not subscribe. While there are banks which are trying to maximize their space in crypto world which are backing Ripple like currencies which are contolled and centralized. There is an existential threat for these banks if crypto world stabilizes and go mainstream so they will continue their games.
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January 09, 2018, 05:41:46 PM
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February 03, 2018, 11:49:33 PM
 #12

The bread and butter for each and every bank in the world depends solely on the profit earned by banking structure of the government. This again is created on rules laid down with the concept of their “centralized money”. They generate profit by investing the paper money of the citizens from their savings into the multifarious profit generating avenues like shares, bonds, mutual funds etc. With the introduction of decentralization of money by the new worlds of crypto currency they sense a threat to their future. If their citizens find an avenue to generate profit “without” following the rules of their centralized money, their future is at stake. That’s why they are trying to turn away their citizens from the online market, by introducing words like “bubble” about to explode. They are fearful of their own future because of the losses their banks are making. With time the knowledge of crypto currency will be widespread. Hence, more and more citizens of newer generations will venture in the world of decentralized money. This will send an alarm to the banks because of the fear of the unknown.
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