Keiser: Bankers Can't Stop Bitcoin

[joniboini]

not just labelling it as a scam and discouraging usage but actual criminal penalties. it's always been a possibility, but it's scary to see large countries considering this.

I think that's quite possible. To be honest, killing Bitcoin is really easy for them by doing things like that. Just make it illegal, block or ban any bank account that has any transactions related to crypto, and so on. However, this will push illegal exchange or trading center to show up, I'm not sure they wanted it to happen.

People will find a way to trade Bitcoin or crypto using any other means, like OTC via Bisq or other dexes.

[Kakmakr]

Satoshi developed a near flawless technology, but he might not have envisioned that the thing he wanted to disrupt <Banks> would use this same technology to improve their own systems and even counter his attempts to disrupt their monopoly.

Yes, their versions of this technology will not be the same and the fundamental difference will be centralized control, but normal people might not be able to spot the difference and that would be their downfall. <Learn to spot the mistakes from the past and do not repeat it> 

[xWolfx]

I think that's quite possible. To be honest, killing Bitcoin is really easy for them by doing things like that. Just make it illegal, block or ban any bank account that has any transactions related to crypto, and so on. However, this will push illegal exchange or trading center to show up, I'm not sure they wanted it to happen.

People will find a way to trade Bitcoin or crypto using any other means, like OTC via Bisq or other dexes.

I don't agree with you. They tried things like that over and over and over in the course of years and years and it didn't work. Surprisingly for a lot of individuals.

They don't really have that much power over it like it seems. With fiat their word is law, here not even close.

The funny part is that everyone can participate since using it is something that anyone anywhere with internet connection could do and they will probably have to adapt in the future to this technology and not otherwise.

This world really needs changes, deep changes at different levels. It shouldn't be like this, like Einstein said: "The definition of insanity is doing the same thing over and over and expecting different results."

[Adriano2010]

Bankers should accept bitcoin because they can win more if let people use bitcoin and cash out via bank, but is their choice. 100k for bitcoin we will see that price but not soon.

[YuginKadoya]

I think that's quite possible. To be honest, killing Bitcoin is really easy for them by doing things like that. Just make it illegal, block or ban any bank account that has any transactions related to crypto, and so on. However, this will push illegal exchange or trading center to show up, I'm not sure they wanted it to happen.

People will find a way to trade Bitcoin or crypto using any other means, like OTC via Bisq or other dexes.

I don't agree with you. They tried things like that over and over and over in the course of years and years and it didn't work. Surprisingly for a lot of individuals.

They don't really have that much power over it like it seems. With fiat their word is law, here not even close.

The funny part is that everyone can participate since using it is something that anyone anywhere with internet connection could do and they will probably have to adapt in the future to this technology and not otherwise.

This world really needs changes, deep changes at different levels. It shouldn't be like this, like Einstein said: "The definition of insanity is doing the same thing over and over and expecting different results."

Well I agree that they can not kill bitcoin so easily that is why I think this is their scheme to put many centralized coins, Well I don't know what are their true intentions or motives in doing this, But my thought in putting centralized altcoins maybe they want for people mostly newbies to buy this centralized coins then if that certain coin would drop their prices investors would think that Cryptocurrency is not a good thing to invest in, Well I am referring to new people that don't have any idea yet in how cryptocurrency works.

[squatter]

I think that's quite possible. To be honest, killing Bitcoin is really easy for them by doing things like that. Just make it illegal, block or ban any bank account that has any transactions related to crypto, and so on.

Countries are competing against one another economically. That's why I don't think we'll see bans by most major economic powers. If one economic power prohibits things like cryptocurrency exchanges, services, usage they know it'll push all that economic growth -- and tax revenue -- to other competing countries.

[RomanPetrush]

Bankers can't stop BTC, they will lead BTC. And we will follow them, follow their's rules. They have technologies and everything essential to control masses.

[salty]

Well, some banks are starting to integrate or consider blockchain tech and cryptocurrency. They have no other choice or else they will be left out.

What are You talking about?On the contrary, banks do not want to work with cryptocurrencies.To use blockchain technology-Yes,but to use cryptocurrencies-no.

[Ucy]

People like him made crypto fun and alive back then. Unfortunately most have gone silent in this challenging time. I do not agree with most things he says (like the one about bitcoin reaching 100,000 in a short time) but he has remained a bit consistent for sometimes now... Whether he is genuine or not I do not know.

I kind of think that most activisms are faked to prevent real activists from waking up. In the end, the community gets abandoned once cornered by predators and by the time real activists wake up it is too late

[Nadziratel]

"Keiser was similarly dismissive of the banking sector. Despite a raft of centralized altcoins appearing in recent times, their underlying one-dimensional status would ultimately fail to refocus consumer attention away from decentralized competitors.

Banksters know now they can’t stop (Bitcoin). What they’ll try is a bear hug. They’ll try to crowd BTC out of the market by flooding the globe with their centralized crypto,” he added.

The idea is to try and marginalize BTC. Fortunately, their own corruption will kill them." Source.

Max Keiser is former Wall Street trader and host of the Keiser Report. Do you share the same views with the man on bitcoin and its relationship with bitcoin (or maybe vice-versa)?

How they would stop already? They have no power for Bitcoin! Bitcoin is bigger than all banking systems. I think most of them already realized it.

[Roukawa]

Bankers can't stop BTC, they will lead BTC. And we will follow them, follow their's rules. They have technologies and everything essential to control masses.

I agree, they will lead the BTC, if they adopt good for them and good for us. We can never rule out banks in my opinion. They will be always here in the money business in whatever kind of currencies

[jake zyrus]

Banks may see bitcoin as a threat to them but they cant really stop bitcoin. The more people who recognize bitcoin, the more people who will try to engage themselves with it and they can't stop it. They have no choice and might even end up accepting bitcoin and crypto.