Bitcoin Forum
November 14, 2018, 06:12:17 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Crypto Is Contamination - ECB  (Read 65 times)
Mpamaegbu
Sr. Member
****
Offline Offline

Activity: 686
Merit: 270


View Profile
March 01, 2018, 01:31:07 PM
 #1

A member of the board of the European Central Band ECB, has opened up that Cryptocurrency is at the risk of contaminating the global financial system. Now with this mindset, don't we still know where the banks stand on this?

Read article here...https://goo.gl/AP8C8G


````````````````███████████
```````````█████████████████████
```````█████████████████████████████
`````````█████████████████████████
````````````████████████████████
```████``````````````````````````````████
`████████`````````````````````````███████
`█████████``````██████████````````████████
█████████`````██████████████```````████████
████████`````████████████████``````████████
`████████`````███████████████``````████████
``████████`````████████████```````████████
``███████````````████████``````````███████
```███```````````````````````````````████
````````````███████████████████
`````````██████████████████████████
```````█████████████████████████████
``````````██████████████████████
````````````````██████████
EtherMium██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1542175937
Hero Member
*
Offline Offline

Posts: 1542175937

View Profile Personal Message (Offline)

Ignore
1542175937
Reply with quote  #2

1542175937
Report to moderator
1542175937
Hero Member
*
Offline Offline

Posts: 1542175937

View Profile Personal Message (Offline)

Ignore
1542175937
Reply with quote  #2

1542175937
Report to moderator
1542175937
Hero Member
*
Offline Offline

Posts: 1542175937

View Profile Personal Message (Offline)

Ignore
1542175937
Reply with quote  #2

1542175937
Report to moderator
shulio
Legendary
*
Offline Offline

Activity: 1470
Merit: 1016


View Profile
March 01, 2018, 01:48:56 PM
 #2

The current global financial system is contaminated more that enough. This talks are their last words. They are frightened because they are going to lose their financial power.
Basmic
Sr. Member
****
Offline Offline

Activity: 392
Merit: 256


View Profile
March 01, 2018, 02:03:18 PM
 #3

Bankers really do not want to part with their monopoly on the right to use our money. Such statements are constantly distributed throughout the world. But bankers are powerless to stop the spread of cryptocurrencies. I recommend they look for another job. But I'm not sure that they are able to do something. They only learned how to steal from people.
BillCoin
Sr. Member
****
Offline Offline

Activity: 476
Merit: 259


Varanida : Fair & Transparent Digital Ecosystem


View Profile
March 01, 2018, 02:05:23 PM
 #4

The current global financial system is contaminated more that enough. This talks are their last words. They are frightened because they are going to lose their financial power.

You also can't really blame them for not accepting people and bank accounts that were opened to trade in bitcoins.
Most of the governments worldwide trust the bank to check it's own customers whether they are money laundering or not, and money laundering through a bank account is going to cost the bank a lot of troubles.
On the other hand, they can't really prevent money laundering because cryptocurrencies are anonymous.
it's a little bit understandable.

Building A Better Internet
━━━━━━━━━━━━━━━━━━━ ━━━━━━━━━━━━━━━━━━━

 
 █b
▐█=
║█
██                                         ¡▄▄▄▄▄▄▄▄┌
██M                                  ╒▄▄▄▄█▀    ▂▂ ╙▀▀▆▄
██▌                                ╓, ,██╨      ▀▀▀    ╜▀█▌
███                                ▀▀██╙     ▄▄▄▄▄      ╓█L
█ █▌                            ▄▄▄▄█▀          └▀▀▀▀█Φ█▀"
█▌ █▄                            ██▀           ▄█▀
▐▌  ▀▌                       ▀▄██▀            ▄▀
▐█     ▂▂▂                ▄  ▄█▀           ▄▄▀
 █▌  ╙▀▀▀▀▀█▄         ▄   ███▀     ▁▂▃▄▄▄█▀▀
  █▄        █▌    █▄  ██▄█▀        ▔▔╙▀▐█
   █▄       █▌ ▀▀████▀▀▀               ▐▌
    ▀█     █▀                          ▐▌
     ╙█▄  ▄▌                        ╓█ ▐█
       └▀██  ╓▄▄µ╓▄▄µ            ,▄█▀┘  █▌    ▄▄ ╓▄▄µ
         ██▄█▀▀███▀▀█▄       ╓▄▄█▀▀      ▀█▄█▀▀▀██▄╙▀█▄▄
          ▀╙    ▀▀▀  ▀▀▀  ▀▀▀▀╙           `      "▀▀  └╙
You Can See Me Now, Hi :}
VARANIDA

 
 
 
 
               ▄██   ▄███▄
              ▄███████  ██
              ██    ▀████▀
             ██
  ▄▄  ▄▄█████████████▄▄  ▄▄
▄███████████████████████████▄
█████████████████████████████
▀███████    █████    ███████▀
  ▀█████    █████    █████▀
   ███████████████████████
    █████▄  ▀▀▀▀▀  ▄█████
     ▀█████▄▄▄▄▄▄▄█████▀
        ▀▀█████████▀▀
|
Panda Trump
Sr. Member
****
Offline Offline

Activity: 504
Merit: 254


"JOIN THE NEXT MEGATREND IN CRYPTO!"


View Profile WWW
March 01, 2018, 02:57:04 PM
 #5

A member of the board of the European Central Band ECB, has opened up that Cryptocurrency is at the risk of contaminating the global financial system. Now with this mindset, don't we still know where the banks stand on this?

Read article here...https://goo.gl/AP8C8G

Pretty sad. Inflation is what contaminates the economy, not inflation-proof monetary valuables, like cryptocurrencies. Inflation makes saving your money pointless, as its value will decrease a lot over time, thus making it harder to save your money for expensive things like a house.

I kind of think Inflation is the contamination and the world has been contaminated with it for many decades already.
The inflation-proof technology, Cryptocurrencies, are the cure to our sick economy. All we have to do is getting the body to accept the cure, so our economy grows healthy once again.

This kind of people stop our body from healing itself. This kind of people cause our economy to remain sick. This kind of people are lethal to our world.

|


      █████████████▅▄
     ██████████████▅▄
                  ██▆
                   ███
                   ███
                   ███
                   ███
                   ███
                   ███
                   ███
                   ███
                  ███
 ██████████████████▀
██████████████████▀



 ███████████
█████████████




█████████████
█████████████




█████████████
 ███████████



   ▆████████████████
 ▆▆████████████████
███▀
███
███
███▄
 ▀▀███████████████▆▄
  ▀███████████████▅▄
                 ▀███
                  ███
                  ███
                ▄████
 █████████████████▀▀
 █████████████████▀



███
███
███
███
███
███
███
███
███
███
███
███
███
███



   ▆███████████
 ▆▆███████████
███▀
███
███
███
███
███
███
███
███
███▄
 ▀▀█████████████
  ▀█████████████



   ▆████████████▆
 ▆▆█████████████▆▆
███▀             ▀███
███               ███
███               ███
███               ███
███               ███
███               ███
███               ███
███               ███
███               ███
███▄             ▄███
 ▀▀███████████████▀▀
  ▀███████████████▀
|
alyssa85
Legendary
*
Offline Offline

Activity: 1316
Merit: 1056


View Profile
March 01, 2018, 03:01:18 PM
 #6

The European Central Bank is incredibly corrupt - currently one of their governors (from Latvia) has been suspended and a Latvian bank closed down once the Americans pointed out that they were violating the sanctions against Russia.

So it is pretty rich about them talking about "contamination". The eurozone has unemployment of over 10% and millions of dodgy banks, and they are the part of the world most likely to trigger the next global recession.

13abyknight
Sr. Member
****
Offline Offline

Activity: 476
Merit: 252


Arianee:Smart-link Connecting Owners,Assets,Brands


View Profile
March 01, 2018, 03:20:47 PM
 #7

A highly corrupt organization talking about economic contamination caused by cryptocurrencies? That's some hardcore irony right there. Let alone the fact that the ECB has been quiet about the accusations against its board members being involved in scandalous issues, all it can do is call out cryptos to be polluting the world economy, which is an outright false claim.


███████████▀  █████     ████    ███  ▄████████▄   ███     ███     █████     ███  ████    ███
   ███       ▐██▀██▌    █████   ███  ███    ▐██▌  ███     ███    ▐██▀██▌    ███  █████   ███
▄▄▄███▄▄▄▄   ███ ███    ███▀██  ███  ███          ███▄▄▄▄▄███    ███ ███    ███  ███▀██  ███
▀▀▀███▀▀▀   ▐██▌ ▐██▌   ███ ▀██ ███  ███          ███████████   ▐██▌ ▐██▌   ███  ███ ▀██ ███
   ███      ███   ███   ███  ▀█████  ███    ▐██▌  ███     ███   ███   ███   ███  ███  ▀█████
   ███     ▐██▌   ▐██▌  ███   ▀████  ▀████████▀   ███     ███  ▐██▌   ▐██▌  ███  ███   ▀████
                                                                                             
........... BY SPORTS
..............CASTRTM





[FORBES] Backed by Former NBA Commissioner
▄▄██▄▄██▄▄
▀██▀▀▀▀▀▀██▌
 ██      ██▌
 █████████▌
 ██      ██▌
▄██▄▄▄▄▄▄██▌
▀▀██▀▀██▀▀
             ▄▄▄
        ▄▄▄█████
  ▄▄▄████▀▀▄███
▀▀████▀ ▄██████
    █ ▄███████
     ███▀█████
           ▀█▌
         ▄▄▄ ▄
█▄     ▄█████▄
▐███▄▄▄██████
 ▀███████████
  ▄█████████
   ▀█████▀▀
  ▀▀▀▀
▄▄▄▄▄▄▄▄ 
█████████▄
█▄▄▄▄▄▄▄▄██▄▄
█▄▄▄▄▄▄▄▄▄█ █
█▄▄▄▄▄▄▄▄▄█ █
███████████ █
  █▄▄▄▄▄▄▄▄▄█
══════════════════════════════DAVID STERN





▬▬▬▬▬▬█▬▬▬▬▬▬

NOW LIVE!

▬▬▬▬▬▬█▬▬▬▬▬▬
warrior333
Sr. Member
****
Offline Offline

Activity: 406
Merit: 253


View Profile
March 01, 2018, 03:29:09 PM
 #8

It's impossible to ruin something that doesn't exist. The financial system that bankers and governments want to preserve is imperfect. Moreover, it is manipulated by politicians and financiers so that it cannot meet the demands of ordinary people. It is constantly widening the gap between the poor and the rich. I hope that the financial system of crypto will be fairer.
jtipt
Hero Member
*****
Offline Offline

Activity: 896
Merit: 526



View Profile
March 01, 2018, 04:16:52 PM
 #9

The current global financial system is contaminated more that enough. This talks are their last words. They are frightened because they are going to lose their financial power.
Correct. If we are to think this way then crypto is here to clean the financial system. The traditional system is too centralized with a single organization having all. Control over it. And let's not start talking about the corruption and abuse of power.
Maestro75
Full Member
***
Online Online

Activity: 406
Merit: 120

Am a Maestro


View Profile
March 01, 2018, 07:30:15 PM
 #10

For long we had read the writing on the wall and have understood the interpretation to be that the traditional financial institutions (the banks) are scared of the blockchain and would do anything to thwart its success. They believe embracing that technology would be sweeping off their businesses.  Thus the so many attacks from that sector. This is not a surprise at all. If the allegation against cryptos is that it seeks to conterminate then what do we make of the banks and their so many shady dealings which are at any time repulsive to the bare eyes.

SetupMasternodes.com - Full Setup and VPS Masternode Management - Choose a masternode coin to get started in as little as 1 hour...
Happyniall
Newbie
*
Offline Offline

Activity: 60
Merit: 0


View Profile
March 01, 2018, 07:38:19 PM
 #11

Because of bad banking, Europe is still struggling to come out of it. There are still issues with banks selling off bad mortgages in debt to vulture funds in order to make a profit.  Most of the banks that were in trouble have been bailed out by the public. Most of the public dont trust the baks and therefore have leaned towards crypto
Dragon5
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
March 01, 2018, 08:57:05 PM
 #12

Once banks were the engines of economy, but not any more. In the fast-developing world they just reuse their old-fashioned technics. New era has come, we have to overcome old things to create new. Of course, everything has downsides and noone can predict if really cryptocurrencies would cause a new economic crisis.
BountyX
Full Member
***
Offline Offline

Activity: 354
Merit: 100



View Profile
March 01, 2018, 09:19:22 PM
 #13

Since the global financial system is the biggest Ponzi scheme ever seen on this planet, I wonder how and in which sense anything would be able to contaminate it.

P2PS TOKEN CREATING A WORLDWIDE NETWORK OF DIGITAL SERVICES
    BUY P2PS TOKEN!    SUBSCRIBE  P2PS WHITEPAPER  ] 
██ ██  (  FACEBOOK  )   (  TWITTER  )  (  INSTAGRAM  )  (  LINKEDIN  )  ██ ██
aso118
Legendary
*
Offline Offline

Activity: 1918
Merit: 1012


★Nitrogensports.eu★


View Profile
March 01, 2018, 09:46:14 PM
 #14

A member of the board of the European Central Band ECB, has opened up that Cryptocurrency is at the risk of contaminating the global financial system. Now with this mindset, don't we still know where the banks stand on this?

Read article here...https://goo.gl/AP8C8G

It is not contamination, it is evolution. Survival of the fittest. Cryptos are bound to succeed against the entrenched giants of the existing world order. Central Banks and governments have just started talking about cryptos now. Eventually they will have to act in a concerted manner, to ensure that cryptos are weakened across the world.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
carlfebz2
Hero Member
*****
Offline Offline

Activity: 938
Merit: 517


View Profile
March 01, 2018, 10:00:16 PM
 #15

Bankers really do not want to part with their monopoly on the right to use our money. Such statements are constantly distributed throughout the world. But bankers are powerless to stop the spread of cryptocurrencies. I recommend they look for another job. But I'm not sure that they are able to do something. They only learned how to steal from people.
Good suggestion on recommending them to look for another job. haha. They don't really have the power to stop such adoption when it comes to cryptocurrency and sooner or later when it is already been recognized then maybe its time to say goodbye to their positions and the monopoly is over. Now they are bubbling already things about crypto and its obvious that they are just covering up their fear and their worries.
StGermain
Member
**
Offline Offline

Activity: 224
Merit: 14

QuickX ICO


View Profile
March 01, 2018, 10:11:37 PM
 #16

A member of the board of the European Central Band ECB, has opened up that Cryptocurrency is at the risk of contaminating the global financial system. Now with this mindset, don't we still know where the banks stand on this?

Read article here...https://goo.gl/AP8C8G

LOL, I am much more concerned with the crapy financial systems that has delighted us with tens of crisis and mini-crisis contaminates the decentralised and beautiful world of cryptos.

Delivey
Copper Member
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
March 03, 2018, 01:21:46 AM
 #17

This sounds great. Worldwide financial system is being reshaped.
Cannerald
Jr. Member
*
Offline Offline

Activity: 112
Merit: 6

Global Cannabis producer based in Switzerland


View Profile WWW
March 03, 2018, 01:31:06 AM
 #18

Similar situation as when the internet was invented and everybody laughed about it...but who is laughing now while checking Facebook?

I think we are in the middle of a reshape and nobody knows how it is going to end. 

➡🌱 CANNERALD 🌱⬅
🌐We connect Blockchain and Cannabis 🌐
🆕 Backed Ecosystem, token backed by real Cannabis plants 🆕
The_Dark_Knight
Hero Member
*****
Offline Offline

Activity: 840
Merit: 502


View Profile
March 03, 2018, 02:20:17 AM
 #19

A member of the board of the European Central Band ECB, has opened up that Cryptocurrency is at the risk of contaminating the global financial system. Now with this mindset, don't we still know where the banks stand on this?

Read article here...https://goo.gl/AP8C8G
They have done a really good job for themselves, it is obvious what they are trying to do if an economic crash does not happen soon and it happens in a few years it is likely bitcoin will become a scapegoat they can blame of contaminating the economy, but as we know that will be just an excuse, but it does not matter what they say their system is close to collapsing and a way to protect yourself will be with bitcoin.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!