Post
Topic
Board Economics
Re: Banks admit they fear BTC
by
btc78
on 10/08/2018, 00:59:58 UTC
https://cointelegraph.com/news/polish-central-bank-secretly-funds-anti-crypto-youtube-propaganda-videos

Something i have been suspecting for a long time, now it has been officially confirmed.

Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.

The news against BTC indeed seem terror messages made on purpose.
There have been too many ,too frequent and too aggressive fake news, and i felt like something is fishy about them.

Bitcoin is a way of letting common people have their own money in their hands like normal cash, and exchange money with other people directly from remote (that is a plus compared to cash ).

This is good for us, not for the evil ones.
Our beloved gov guys prefer us to put our money on a bank account, which is like we are lending them our money and hope we will see it again.
That is also why the govs are trying to reduce or ban normal cash ( e.g. read this https://www.zerohedge.com/news/2016-12-14/real-reason-elites-want-ban-cash , or this http://moneywise411.com/government-attempts-to-ban-cash-whats-most-disturbing-is-why-theyre-doing-it/ ).


Go crypto and HODL my friends.
They fear crypto because it can save us

That's a lot of good read articles thanks. Besides that, they also want to harness the blockchain tech for their use but they don't want a decentralized one. The real reason why banks and government(most of them) hate Bitcoin is not just because of the reason you stated OP, but because they cannot control our money that way and using it is bad for them because of blockchain's transparency that will make it harder for corrupt ones to steal on people's money.

Bur banks now are strting to adapt blockchain technology to their technology since they know what troubles they are facing if they continue to deny the effect of cryptocurrency to their companies,crypto is dominating the banking system and leaves them no choice but to embrace block chain and all the technology behind this virtual coins