Quote from: QuestionAuthority on September 17, 2014, 10:43:31 PM

Quote from: jbreher on September 17, 2014, 04:55:38 PM

For what purpose, exactly, do we need these Bitcoin banks?

And after all that wall of text, I still don't see any support for your assertion that 'if the pervasive central banking system is a scam, then so is Bitcoin'.

We need banks to loan people money to buy houses, cars and other expensive items.

It's going to be impossible for me to convince you that the concept of the FED is not a bad one because you seem to think the FED is controlled by a cabal of international financiers.

Yes, I do. But not only that - it was _designed_ by a cabal of international financiers. _Owned_ by a cabal of international financiers. It is _an_organ_of_ a cabal of international financiers.

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Even if it were controlled by evil forces that would not make the idea or the system bad

It would, if the system was literally designed to extract the wealth of the entire populace, through the hidden tax called inflation, and transfer that wealth to the very same cabal of international financiers. Which it was.

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just like all the scammers and fat latte drinking exchange owners don't make Bitcoin a bad idea or system.

Again - you're comparing lone incidents to a systemic, fundamental, structural evil. As you tacitly agreed to by twice refusing to refute that point (once in the form of a direct question to you).