Banks admit they fear BTC

[laravuemaster]

https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many, too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money^[1] with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money in a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us



---
[1] With "exchanging money" i don't mean just forex trading, but all commercial exchanges like buying goods directly from other people
---

It was just normal for banks if they are afraid of the growth of cryptocurrency because most of the people are preferring to invest on bitcoins more than placing their money on banks because bitcoins is more profitable more than placing your money on the banks and setting it for a time deposit.

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[TheClownSong]

With bitcoin system, we dont need banks because we can opening wallet with easily and we can transfer our asset with lower fee transaction. If bitcoin spread all around the world and people start to use bitcoin, I am believe we dont need intermediary for our transaction and cheaper transaction fee

[ASHLIUSZ]

Several banks have made investments into bitcoin backdoor, because if it was made with transparency the reputation over banks will be lost. The fear of Bank is getting reflected over the regulations coming into implementation from different governments. As the future is dependent on blockchain technology some banks have begun making blockchain for their services. This is good for a healthy growth than fearing and opposing.

[Dart315]

Banks that they fear bitcoin and other cryptos and understand that can't stop adoption and development of blockchain technologies and creation of new type of economy. So they decided to corrupt and control the market. They have bought large exchanges and startups for integration, having contol over exchanges they can easily contol course through bots and fake news.

Yep, so how the blockchain industry can respond? Exchanges like Bancor, and secured non traceable solutions(XMR)?

[bakkang]

https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many, too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money^[1] with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money in a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us



---
[1] With "exchanging money" i don't mean just forex trading, but all commercial exchanges like buying goods directly from other people
---

Wow it's a great news so I believe that we must spread that news and we must raise awareness to the people about the benefits and purpose of bitcoin to our life. Because even up to this days they still have fear to invest with bitcoin because of the illegal act related to bitcoin just like scams.

[Ayobami99]

I love this!
They fear its going to replace them
No regulations on the blockchain
HODL!

[Barbatsutsa]

Well, at least that's a good thing they admit it at least, some just hide behind some imaginary reasons.

[Tenderino]

For me personally it is well known that the fiat money robbery system was only able to survive because they use the main stream media to manipulate the people. I mean how can the majority of the people voluntarily agree to a money system where the volume is increased every year by a limited and priviled number of people, while the money of us working people loses its value every year? It was basically clear that banks finance the anti propaganda against crypto currencies!

[BitcoinMarketer39]

https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many, too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money^[1] with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money in a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us



---
[1] With "exchanging money" i don't mean just forex trading, but all commercial exchanges like buying goods directly from other people
---

banks should be really affraid of cryptocurrency because most of the people are preferring to invest on cryptocurrency more than placing their money on banks and people prefer to invest on the way they are going to earn more profit.

[bachus]

As for main big banks, they a long time ago started to think about how to stay alive, when world will accept and prefer crypto above the fiat money and earn in that case

[hahay]

I guess banks should not be afraid of bitcoin, because banks have stood for a long time and it would be very difficult for everyone to switch on bitcoin. So all have their own supporters, but if bitcoin keeps growing well I think bitcoin will be the main one also in the future.

[Sled]

I guess banks should not be afraid of bitcoin, because banks have stood for a long time and it would be very difficult for everyone to switch on bitcoin. So all have their own supporters, but if bitcoin keeps growing well I think bitcoin will be the main one also in the future.

The banks are afraid of bitcoin because they think that the people will transfer to bitcoin because of the ease of using it because you just need to create a bitcoin wallet and then that is it, you can easily transfer money to other people without going through different verification like the banks do.

[Amajaa]

Yeah they probably do because in bitcoin we get financial freedom, bitcoin is a threat for them thats why no wonder why some banks want to regulate bitcoin now they find it hard to terminate bitcoin thats why they find ways how to get involve with it and how to make money from bitcoin too.

[SkiOlya]

Many banks are wary of the fact that the industry will undergo painful changes. At the moment, it seems that on the horizon the banking system can see two courses. Most likely, they have two choices. Banking institutions can start working within the framework of a new, constantly developing direction of digital money. In this case, for starters, they need recognition of the fact of changing financial technologies and the adoption of this concept. Or the banks can continue to function under the old system. This is the path that is currently being laid by products such as Simple.

[Irvinn]

If banks recognize this, then it is quite interesting. Although it was already understandable, because the Crypto currency is a fairly effective competitor for banks and banks can not do anything about their old technologies, and most importantly - with their limited capabilities compared to the capabilities of the crypto currency. However, the fact that they recognize this is already good, because if they are afraid, this is a sign that they have lost the confrontation with the crypto currency.

[tuikindu]

Bitcoin is hailed as the greatest technological innovation of our time, and the government has many reasons to fear Bitcoin. In my country, I've heard some news about the negative aspects of bitcoin, suggesting that Banks are already scared of bitcoin.

[cheeseandcrackers]

Not really surprising.  They've been shilling against bitcoin for many years.  The banking industry is terrified of what bitcoin and other cryptocurrency represents, and that's freedom from them.  I've even seen people attacking how much energy bitcoin is costing the planet overall, while completely ignoring that the banking industry already does that to a severely higher degree.  I've seen almost every aspect of bitcoin or similar blockchain tech attacked, and it's not going to stop here. 

[wewe123]

This is true that banks are afraid of bitcoin because they thought that in the coming days many would prefer to invest in bitcoin , than putting their money in the banks with so little interests gain, while when they put their money in bitcoin it could get a big interests than saving their money in the banks.

[LuciferEveningStar]

https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many, too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money^[1] with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money in a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us

Its normal for this banks to get afraid since the growth of cryptocurrency today is so much faster more than banks while so people will really invest on the way they will earn more profit and that is bitcoins.

---
[1] With "exchanging money" i don't mean just forex trading, but all commercial exchanges like buying goods directly from other people
---

[Lumada]

This is true that banks are afraid of bitcoin because they thought that in the coming days many would prefer to invest in bitcoin , than putting their money in the banks with so little interests gain, while when they put their money in bitcoin it could get a big interests than saving their money in the banks.

Many banks didn't accept btc sonetimes asks many questions when you cash out thru your bank, as if you are not capable on having that amount, having bitcoin atm might be a help.