Quote from: Osarman on November 05, 2018, 05:59:21 AM

Quote from: stompix on October 30, 2018, 10:55:18 AM

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This is new news in my encyclopedia and before it, I had known that Venezuela is going to officially open a crypto bank for the revival of their economy that will help them tackle the challenges they have been facing in the form of hyperinflation and inflation. So this is not bad because ultimately it helps you transform things into a digital format and the more people use the banking facility, the more the demand for the coins will rise plus the knowledge about cryptocurrency will spread.

Seriously, what are you talking about?
Venezuela? Who mentioned Venezuela?

And it is not bad? it's 100$ fee for a transfer, do I have to spell it for you what it means?
It means increased cost of services > inflation!!!!!! , exactly the stuff you were so afraid of.

Quote from: GregH37 on November 03, 2018, 08:21:49 AM

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I am really hoping it is actually a Halloween joke. But if this is for real, and looking at the fees, that is pretty typical of banks. It is actually absurd to even see some people seeing this as a great innovation and then probably there is every chance that the banks already know that there are some people who do not actually understand any concept at all.

I'm turning day by day into a pessimist and when I read my posts I sometimes think I'm exaggerating stuff a bit but that's just till the next piece of news makes me think I'm right.

What have we done with cryptos to change the flawed system into something better? Almost nothing!
We have almost centralized currencies whose characteristics are determined by some team nobody elected, a lot of web wallets
replacing banks with crappier security and 10x more exit scams and ICOs...no need to add more here.

And those crappy services that have the nerve to come with a bunch of lies and astonishing fees are actually getting applauded by people here!! It might be that they are only sig spammers who don't bother to read but still...