Quote from: bbc.reporter on July 13, 2018, 01:17:49 AM

Quote from: hatshepsut93 on July 12, 2018, 01:41:07 AM

Quote from: bbc.reporter on July 12, 2018, 01:18:54 AM

The biggest banks in the world participate in money laundering, tax evasion, and as we have seen during the housing bubble, issuance of scam investments. If you know what you are doing, bitcoin is a ledger that anyone can use for money laundering, tax evasion, and for issuance of scam investments in counterparty.

I reckon that Nobel prize economist is paid to spread FUD because the big banks like HSBC do not like competition in their criminal activities hehehe.

Governments are fine with tax evasion and money laundering when some high profile officials get their cut. Bankers and said officials hate Bitcoin because they don't want average joe to do those things, without him the whole system would crash. So, they ask economists to write FUD against Bitcoin in exchange for grants or bribes or whatever.

Agreed, good comment! I really am taking that possibility for granted. In any case, yes, the cryptospace is giving power to the people that also gives them a capacity that requires small effort but achieves good results without needing an authoritative 3rd party.

I don't think that banks really disgust Bitcoin. I think that they are here, in crypto market, but from backyard.