"Why Banks fear Bitcoin"

[NotLambchop]

banks = rotten economy (still ruling)
bitcoin = healthy economy (slowly but steadily eating the cancer, converting rotten to healthy economy)

as simple as that.

Fastest way to get everyone on this forum labeled as a cult = portray Bitcoin as the solution to all the problems of society lol.

if you prefer banks, what tf are you doing here ?

Lol @ Bitcoiner logic:  If you don't think Bitcoin is the axe laid unto the root of the trees, you don't belong here.
Spoiler:  I love old Matchless thumpers, but doubt they'll replace all other modes of transportation.

[1713872979]

1713872979

[1713872979]

1713872979

[NotLambchop]

...
Do you care that you don't control the eBay Beanie Baby market?

Not really, right?

That's how JP Morgan feels about the Bitcoin market....now.

With Bitcoin's Beanie Baby growth, larger institutions are sure to take notice. Not out of fear, but out of opportunity.
...

FTFY.  JP Morgan has, after tanking Beanie Baby prices, has been secretly investing in both Beanie Babies and Cabbage Patch Kids through a nefarious web of old bats.  Hodl FTW!

Your reliable government source,

  ~Bitch Pudding

[kerafym]

...
Do you care that you don't control the eBay Beanie Baby market?

Not really, right?

That's how JP Morgan feels about the Bitcoin market....now.

With Bitcoin's Beanie Baby growth, larger institutions are sure to take notice. Not out of fear, but out of opportunity.
...

FTFY.  JP Morgan has, after tanking Beanie Baby prices, has been secretly investing in both Beanie Babies and Cabbage Patch Kids through a nefarious web of old bats.  Hodl FTW!

Your reliable government source,

  ~Bitch Pudding

Invest your kids college fund into bitcoin !

[Hodl Life]

I wonder why the je-, i mean the banks fear bitcoin

https://i.imgur.com/rVKgMkx.jpg

Hello fellow /pol/ack

It's happening.

[Erdogan]

I can only imagine that the banks must be furious of a system that they don't control. I'm pretty sure that much is true.

I addressed the owning issue earlier though. We both know that Bitcoin has no theoretical upper limit with regards to other currency (it could shoot to $1000 or $100000000000 per coin) and if some kind of tipping point occurred then the government (or anyone else for that matter) wouldn't be able to keep up with buying enough of it to maintain control.

Theorise what you like about if and what such a tipping point could cause this but it does render your argument that Bitcoin is currently irrelevant, umm, irrelevant.

The fact that bitcoin is irrelevant, is irrelevant.

[Erdogan]

banks = rotten economy (still ruling)
bitcoin = healthy economy (slowly but steadily eating the cancer, converting rotten to healthy economy)

as simple as that.

Bitcoin - eating the cancer.

I like it.