Quote from: Darker45 on Today at 02:25:30 AM

Quote from: YOSHIE on May 25, 2020, 08:17:20 PM

Quote from: Dishant140 on May 25, 2020, 07:21:35 AM

isn't it just handing the control & power from governments/banks to a small group of wealthy whales?

The pope, the bank and the government are different elements they cannot manipulate crypto.
The crypto market was never regulated by the pope and the government, that is the market manipulation that often occurs, caused.
Large/rich whales, this type of whale is very dangerous can play very big on crypto, this could involve international companies or their countries have financial resources that are executive, not government but pope, their finances may not be counted.
Because they can influence buying crypto and can radically influence investors, investing in crypto in the market.

This is the first time I heard of a crypto vs fiat argument which involves the pope. LOL!

How in the whole wide world is the pope related to all of this? The Vatican does not even have their own independent currency. Neither does it have its own central bank.

This is too far-fetched that it sounds extremely ludicrous.

Yeah, this is so funny. Pope and cryptocurrencies, I also hear for the first time for this combnation.
Anyway, this everything sounds to me like another conspiracy theory, just this time Vatican is involved too.
For some reason people think that every government and institution is trying to destroy Bitcoin or at least are trying to weaken it. In fact that It's not true, they have far more important things to do some bitcoiners obviously like to think they are some kind of rebells and victims at the same time.

Anyway, in the world that is still exclusively depending on.fiat it's hard to tell that crypto is better than fiat money especialy having in mind that it's not perfect. Both fiat and cryptocurrencies have its good and bad sides and that is how it should be treated.