Quote from: realr0ach on December 24, 2017, 03:28:06 AM

Quote from: criptix on December 24, 2017, 03:20:31 AM

PM shilling

Do you really believe the price of bitcoin hit $20k while the "evil bankers" are against it? It would have been made illegal WAAAAY before that happened if they were actually trying to stop it. We all know the only thing that keeps bitcoin afloat is it's ability to be converted to fiat. Cut off the fiat conversion and this shit instantly implodes. So why has it not happened? Why? They want you to buy this centralized govt tracking system instead of metals.

Many big bankers are against Bitcoin. Stiglitz wants it to be illegal.

However, they have an opportunity to manipulate the price for profit, and the IRS (in the USA of course) has an opportunity to extract capital gains taxes from people.

They have plenty of incentive to allow Bitcoin and others to continue. But the fact is, bankers in general do NOT want Bitcoin to succeed in the long run, because it would destabilize the current system.

In addition, unless you are an illegal immigrant, the government already knows pretty much everything about you. They are already tracking and surveilling you in many ways.