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Topic: are banksters the thugs, nazis and racists of tomorrow? (Read 144 times)

legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
how are the bankers going to protect their financial sovereignty? in a world in which the people will get spammed with decentral currencies

@KingScorpio your title seemed so exciting, but in the post you have added nothing that justifies your title.
In my opinion you’re right to call them as thugs and racists, but Nazis no I would not call them that unless you can prove that they have executed hundreds of Jews. The answer is quiet simple as banks are protected by the governments, and those governments will never legalise crypto’s hence there’ll be no competition for the banks.

In case people are wondering why I termed banks as racists:

https://www.theverge.com/2019/11/11/20958953/apple-credit-card-gender-discrimination-algorithms-black-box-investigation

https://nypost.com/2019/12/11/jpmorgan-chase-employees-caught-making-racist-comments-to-intimidating-black-clients/


I hate to use this defense of people, but I'm going to use it anyway. There are bad apples in any profession, and for certain professions it's going to be a lot easier to see. Ex: You're going to know when the people in law enforcement are bad people, because they're typically being recorded or something along those lines.

But to go onto the articles that you've linked. The Apple discrimination one I think is bullshit. I think that what happened is that one person put in their joint income - his and his wife -- while his wife only put in her solo income. Maybe there's some debt we don't know about, occupation changes, etc. Credit is a very interesting place, though I wouldn't think Goldman Sachs would willingly and openly go and discriminate like this -- doesn't really make sense and seems to have no net gain.

Just bad PR.
sr. member
Activity: 1470
Merit: 325
As long as the goverment backs the banks with their fractional reserve banking they'll be the only ones able to provide loans at such low rates and therefore will keep operating.
They could essentially work with crypto but then they wouldn't be able to lend 5x more money than they actually have.

accepting crypto might backfire and end in chaos, thats why they are afraid of accepting it,

if they accept one token brand, they have to accept all, sad thing for them that new capitalists don't want to chop of the heads of the old ones anymore like during napoleon/hitler
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
As long as the goverment backs the banks with their fractional reserve banking they'll be the only ones able to provide loans at such low rates and therefore will keep operating.
They could essentially work with crypto but then they wouldn't be able to lend 5x more money than they actually have.
sr. member
Activity: 1470
Merit: 325
how are the bankers going to protect their financial sovereignty? in a world in which the people will get spammed with decentral currencies

@KingScorpio your title seemed so exciting, but in the post you have added nothing that justifies your title.
In my opinion you’re right to call them as thugs and racists, but Nazis no I would not call them that unless you can prove that they have executed hundreds of Jews. The answer is quiet simple as banks are protected by the governments, and those governments will never legalise crypto’s hence there’ll be no competition for the banks.

In case people are wondering why I termed banks as racists:

https://www.theverge.com/2019/11/11/20958953/apple-credit-card-gender-discrimination-algorithms-black-box-investigation

https://nypost.com/2019/12/11/jpmorgan-chase-employees-caught-making-racist-comments-to-intimidating-black-clients/


banks as institutions aren't racist, they simply support the accumulation of wealth and execute power in a systematic manner, the problem is they have the power, they are certain all others live uncertain. thats the problem

all banks sooner or later end up tyranic or racist.

american banks aren't racist btw. they are communist. arabic banks or african banks are racist.

in many societies banks are effectively kings,
hero member
Activity: 2646
Merit: 686
how are the bankers going to protect their financial sovereignty? in a world in which the people will get spammed with decentral currencies

@KingScorpio your title seemed so exciting, but in the post you have added nothing that justifies your title.
In my opinion you’re right to call them as thugs and racists, but Nazis no I would not call them that unless you can prove that they have executed hundreds of Jews. The answer is quiet simple as banks are protected by the governments, and those governments will never legalise crypto’s hence there’ll be no competition for the banks.

In case people are wondering why I termed banks as racists:

https://www.theverge.com/2019/11/11/20958953/apple-credit-card-gender-discrimination-algorithms-black-box-investigation

https://nypost.com/2019/12/11/jpmorgan-chase-employees-caught-making-racist-comments-to-intimidating-black-clients/
sr. member
Activity: 1470
Merit: 325
how are the bankers going to protect their financial sovereignty? in a world in which the people will get spammed with decentral currencies

also banks could turn alternatively also to communist dictatorship, which is quite likely in a world dominated by antiracism, egalitarianism and leftism
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