Quote from: Lucius on Today at 02:15:43 PM

Quote from: pooya87 on Today at 05:17:10 AM

Why would you pay any attention to and worse, even advertise on the forum opinion of one of the most corrupt banks in the world. Not just that but a bank that has a history of spreading FUD about bitcoin. Have you forgotten the statement by their CEO saying "bitcoin is fraud"? Not to mention that we already know these banksters have been trying to manipulate bitcoin market on multiple occasions.

This is what banks do best, they have a position that allows them to manipulate various markets and generate profit from it - while of course making money by providing services to ordinary people at outrageously high fees. I know JD had very negative statements about Bitcoin that he withdrew and even apologized to, but it’s not clear to me that he got lost again in some conspiracy theories - the CEO is saying one thing and the company something completely different. Some would say that they are doing it on purpose, but it is not excluded that it is only a matter of good old human ignorance.

The sad part about it is that banks actually use our money to fight against us. They do not really have money of their own, we give them that money and yes they do make a profit so they technically should have money. However they give out so much loan that the savings that we have is not enough to cover that. It means if people take out their money from banks, and do not pay their loans, that huge company that fights against us would be bankrupted in a single day.

So all of that power that banks have comes from the power we give to them, and crypto is hurting them because of this. We could put our money into crypto instead of banks and that would mean banks would have less assets in their ownership and they will have less ammo to fight against us. This is the reason why banks do not look at crypto kindly, and that will go on forever since it is not helpful to them at all.