Does Banks really manipulates us?

[gaston castano]

I've watched a video about how banks work, and it can be said to be very terrible and only a few people know about it, and the burden is given to many people so some may not feel this awkwardness, but what is clear here is that we are told to pay what the government do today, of course we pay for it from taxes.

[1715127833]

1715127833

[1715127833]

1715127833

[1715127833]

1715127833

[wmaurik]

no bank is matrix for example if you want to move 1 million $ to another country there you will see the level of bullshit from banks a lot of rich people complain about that I prefer to save my money in bitcoin because we ourselves control our money not your key not your coin and the bank is not open anytime but bitcoin is open 24 hours I think the bank is just a place to exchange our money that's all
just my personal assumption

For me the bank is just a temporary haven for my money before I withdraw it or transfer it to another place. Because personally I also don't really like to keep money in the bank for a long time, especially considering that banks are not open for 24 hours unless only ATM machines can be used by bank customers. But in general there are still certain limitations when using it and it can also have problems such as the slow network used by the bank and I have felt that before at my place.

[cydrix]

All of these are ways for money to move about the economy as a whole, not just banks, which make up a small percentage of it. And when we generalize investors, they have other businesses to which they are related, either directly or through their investments in or connections with the banks, in addition to performing the role of an investor. The hard fact is that we cannot, and even if we did, it would not change the fact that elites or wealthy people would always be at the top of the food chain, alongside average and poor people, and that we are all consumers who fundamentally contribute more to society as a whole.

[umbara ardian]

It's true that the workings of banks and the financial system can be complex and opaque, and it can be difficult for individuals to fully understand how these systems work and the impact they have on the economy and society as a whole. Additionally, government policies and regulations can also have a significant impact on the financial system, and taxpayers may ultimately bear some of the costs of these policies.

[tjtonmoy]

Banks does manipulate us, but in a way that they will always be the savior. We are not taught in any school or college how they do it to us, and we are fool enough to trust them, thus becoming a part of the whole system. Banks are just another element of the matrix system.
We are the ones who give them the opportunity to fool us because we have no knowledge about it. And they happily take that opportunity to manipulate us. The banking system is broken. They are still here because we are the one using them. They use targeted audience in order to use various offers and services to lend them more money and making them more in debt.
We can talk about this kind of scheme all day long. But to answer the question, yes, they do manipulate us and people who are still using them are the cause of that.

[Hamphser]

Banks does manipulate us, but in a way that they will always be the savior. We are not taught in any school or college how they do it to us, and we are fool enough to trust them, thus becoming a part of the whole system. Banks are just another element of the matrix system.
We are the ones who give them the opportunity to fool us because we have no knowledge about it. And they happily take that opportunity to manipulate us. The banking system is broken. They are still here because we are the one using them. They use targeted audience in order to use various offers and services to lend them more money and making them more in debt.
We can talk about this kind of scheme all day long. But to answer the question, yes, they do manipulate us and people who are still using them are the cause of that.

Manipulation on the sense that they are lending out people money who had stored up and using up their service specially into those money that had been deposited. They do offer out some annual interest but those are just peanuts unlike on the interest that they are asking on the time that they would be granting up some loans specially on car loans which their annual is playing around 12% as far as i remember which is something that shit if we do really able to make ourselves that aware on how much we've been paying which is more than on what we do anticipate.

But the good side is, if you do make out some personal loan and if you do make out some investment then you could be able to grow it then thats really an advantage since you could really make out some hedge
and make out some benefits if you do really know on what you are doing but if you are taking up some loan for the sake of some leisure and some liability purchase then you are going to fuck
up yourself later on.

[bitgolden]

Because maybe they are blaming banks for what economic hardship they are facing now and they think banks manipulate them that's why they came to that point. While the fact is if they could just use those credits given by the banks for sure they will never be in bad position and maybe gain something huge from it.

People need to realize the bright side about bank existence since they are there to help people to have capital on their business, but its just other people use their credits to buy their wants and that make their life hard especially if they can't pay all their debts anymore.

That's not the issue though, I hate banks as well but for a very legit reason and that's not really anything to do with me personally. I hate them because they take almost all the money in the world and store, if you remove all the money in the banks, and just keep the ones that are out of the banks, we would probably be left with less than 10% of the current circulation.

It means that banks are getting more money than they are giving, digitally you do have money on your account but without giving anyone anything they make a profit. They take your money, and your money could be cash, you can withdraw cash, you don't, you give it to them to earn interest, and then they loan it to bunch of different people, and not even give them the cash, they just give it digitally. So they just shift money around and make a profit, that's shady. If everyone around the world withdrew their money from banks, they would not be able to pay it, which makes banks a ponzi, nothing more.

[someone703]

(...)

Banks have an important role in the economic financial system. They are where customers deposit money, lend money and conduct other financial transactions. Banks typically own large amounts of money and other financial assets, and can use them to invest or generate profits. These investment decisions can affect the stability of the economic and financial system and cause far-reaching effects. Investors also play an important role in the economic and financial system. They consume the products and services of businesses, create a money supply, and invest in other financial assets. The investment decisions of investors can also affect the financial supply and stability of the economic and financial system.

However, it is incorrect to accuse banks and investors of being the sole cause of the complexity of the economic and financial system. Various factors contribute to the complexity of the economic and financial system, including changes in technology, market structures, and complex regulatory requirements.

[Aanuoluwatofunmi]

Banks have been into this kind of financial extortion for a long term because they feels that we have no alternative to financial freedom than in using them, they hike fees and charges, place ban ad restrictions on user accounts, track and reveal our private details to others and use them against us, the introduction of cryptocurrency with bitcoin had made things changed for good, people can now have financial freedom and exercise control over their finances  in the economy.

[KingsDen]

Banks have been into this kind of financial extortion for a long term because they feels that we have no alternative to financial freedom than in using them, they hike fees and charges, place ban ad restrictions on user accounts, track and reveal our private details to others and use them against us, the introduction of cryptocurrency with bitcoin had made things changed for good, people can now have financial freedom and exercise control over their finances  in the economy.

And even now that there is Bitcoin and cryptocurrency, banks still manipulating people and keep extorting their money. What actually can you do about it? It is not everybody that knows about Bitcoin and cryptocurrency. And those that know about Bitcoin and cryptocurrency does not use it very well as it is supposed to be. Even if you you use it very well, you still need to fall back to fiat in order to spend your money in the society that you find yourself. So the bank extortion and ill treatment will continue to be in as much as they are centralized and works in synergy with the government.

[Oluwa-btc]

A little bit of recommendation for you here is to go read the Fiat Standard and then, do sure we'll to read the Bitcoin Standard ,and then, compare between them both that which puts you more in  control, in power of your own hard earned money.
You'll be much grateful if you under the good deeds Nakamoto or whatever group he had did to help us GTFO of the Fiat system/ standard.

Banks are shit, ( Yes, we'll hsve to fall back to fait for day to day fait usage ) But then, they're all in these together together with those big big billionaires who doesn't give double f*cks bout how damned you're we'll be. Yes, Banks really manipulates us.

The month of  march was very excruciating one for most low class and average Nigerian who has no high scores with the banks, having money and not being able to spend it was so much hazardous. For once, I regretted being a goddamn Nigerian.
 You should really take your personal time to see the damages banks joint with the government has really done to frustrate us.

[Distinctin]

I've watched a video about how banks work, and it can be said to be very terrible and only a few people know about it, and the burden is given to many people so some may not feel this awkwardness, but what is clear here is that we are told to pay what the government do today, of course we pay for it from taxes.

Actually, these banks are really working under the government because they can't get any permits or continue their businesses if they don't follow the governments instructions. Simple as that! While banks may be private or government owned, that doesn't really matter, because in my perspective, it's just a disguise from the government to give them our precious money in the guise of safe keeping which is not really the reason why they want to lay their hands on our money.

I believe that even if that certain funds is under our name, we don't have any full control of it as long as we don't have it in our own hands. The moment we surrender our money for them to hold is also the moment where we lose our control over it.

[Sayeds56]

I believe Banks play very crucial role in financial system, by proving a range of services for economic activity and growth, such as payments, money transfer and credit facilities. It is also  important to note that manipulation is used as a tool in every kind of business and banks are not an exception. As a matter of fact manipulation has been a part of human society throughout the human history, and it not necessarily always a negative thing, it can also be used for positive purposes, such as marketing companies can use manipulation to promote environment friendly products.
We should always remember that we are not living in a perfect society and there are many areas which need improvement and we shroud contribute our efforts to address these issues.

[Pejoh Asu]

Banks are the center of finance so that whatever the banks do will be difficult to prevent, they control the circulation of money and can regulate economic conditions to improve or worsen, of course with the support of the state which makes their role even more difficult to fight.

[tjtonmoy]

But the good side is, if you do make out some personal loan and if you do make out some investment then you could be able to grow it then thats really an advantage since you could really make out some hedge
and make out some benefits if you do really know on what you are doing but if you are taking up some loan for the sake of some leisure and some liability purchase then you are going to fuck
up yourself later on.

I agree on this. You are right. The rich people do take loans from banks, but they use it in such a way that they never get mixed up with the matrix. They have the ability to pay back the loans in time without giving them the interest they charge over time. Also they use that money to make more money.
As long as you play the smart game, you can stay away from the system, thus stay away from the matrix. But the banks specifically target those who are unable to do that. They collect all the information and comes up with a scheme that will keep them with the matrix.

So yeah, you are pretty much fucked up if you have no plans on how to manage that money to make good use of it and spend it all on luxury.

[jostorres]

no bank is matrix for example if you want to move 1 million $ to another country there you will see the level of bullshit from banks a lot of rich people complain about that I prefer to save my money in bitcoin because we ourselves control our money not your key not your coin and the bank is not open anytime but bitcoin is open 24 hours I think the bank is just a place to exchange our money that's all
just my personal assumption

When it comes to storing or transferring large amounts of money, Bitcoin is probably a better alternative to traditional banks since there is no paperwork or any other headache nor there are large fees no matter how much you are transferring, and on top of everything, you will not need to be answerable to anyone for doing that.

A traditional payment institution would require you to provide proof, reasons, documents, and a lot of other things only to be able to move the money that you literally own, and that is really frustrating, to be honest.

[TimeTeller]

no bank is matrix for example if you want to move 1 million $ to another country there you will see the level of bullshit from banks a lot of rich people complain about that I prefer to save my money in bitcoin because we ourselves control our money not your key not your coin and the bank is not open anytime but bitcoin is open 24 hours I think the bank is just a place to exchange our money that's all
just my personal assumption

When it comes to storing or transferring large amounts of money, Bitcoin is probably a better alternative to traditional banks since there is no paperwork or any other headache nor there are large fees no matter how much you are transferring, and on top of everything, you will not need to be answerable to anyone for doing that.

A traditional payment institution would require you to provide proof, reasons, documents, and a lot of other things only to be able to move the money that you literally own, and that is really frustrating, to be honest.

Cheap and fast, without so many documentary requirements. I believe some people already are acknowledging such benefits.
However, the other side should also know how to deal with crypto so they won't be having problem as well.
If more and more people will discover such route, I guess, they will appreciate more the crypto market, and so further increase in demand.
But in some cases, we still need other banking services. Like handling of mortgages, time deposits and other financial services.

[Bushdark]

It's true that the workings of banks and the financial system can be complex and opaque, and it can be difficult for individuals to fully understand how these systems work and the impact they have on the economy and society as a whole. Additionally, government policies and regulations can also have a significant impact on the financial system, and taxpayers may ultimately bear some of the costs of these policies.

Banks are really benefiting from us directly or indirectly that is why they are always against us when they see that huge numbers of persons are subscribing to Crypto or something thaw will make us leave the banking sector for another sector. We just need to be wise if not we shall have nothing to wring home about because banks do use our money to borrow other people with big interest rate.

Even with the rate at which banks are fighting us indirectly for us to put less interest into cryptocurrency market, we find out that banks are one of the major holders of Bitcoin.

[benalexis12]

Once you open a bank account, you are required to deposit money. You won't be able to send them any money because the bank has already manipulated you. Especially when they already hold the money that you entrusted to them, because you can't simply release your money until you provide the requirements they need.
You have no control over the money you entrust to them, then when you bring in a large amount of money they will always accept it, but when you take out a large amount of your money from them they will ask you a lot of questions and requirements because they are the ones it's in control not you.

[Ayers]

no bank is matrix for example if you want to move 1 million $ to another country there you will see the level of bullshit from banks a lot of rich people complain about that I prefer to save my money in bitcoin because we ourselves control our money not your key not your coin and the bank is not open anytime but bitcoin is open 24 hours I think the bank is just a place to exchange our money that's all
just my personal assumption

For me the bank is just a temporary haven for my money before I withdraw it or transfer it to another place. Because personally I also don't really like to keep money in the bank for a long time, especially considering that banks are not open for 24 hours unless only ATM machines can be used by bank customers. But in general there are still certain limitations when using it and it can also have problems such as the slow network used by the bank and I have felt that before at my place.

Nothing is 100% perfect, not even bitcoin. Many complain that the banking system does not work 24/7, and the transfer and withdrawal of money are slow due to the faulty network system. What about bitcoins? It's also not as perfect as many are claiming. Recently, it also took me 2 days to complete a transaction when I sent some bitcoins to my friend. I have never had this happen before, at most, it took about 6 to 10 hours to complete the transaction, but this time, it took me almost 48 hours. For me, this is not a big deal because sometimes things will have small glitches, no matter how good it is, it can't be perfect. Whether it's banking or bitcoin, there are pros and cons. Banks and bitcoin are useful things in our lives, and each has its own use case.