Topic: Could the banking system be behind cryptocurrenices? (Read 1892 times)
I don't think this is true. Yes, bank have changed their attitude towards Bitcoin and cryptocurrencies and they are experimenting with blockchain technology but they are not standing behind Bitcoin. This would be just another conspiracy theory. It's funny how people always have the need to complicate things and make problems there where they don't exist.
I read about ERP on blockchain, guys says there that they can breakthrouth could the banking system be behind cryptocurrenices? Their site www.darfchain.com, are they say truth?
Decentralized concept means that no one control your bitcoin except yourself
If banking system behind them , my goverment will think again to accept it so they can implement tax for every transaction
If banking system behind them , my goverment will think again to accept it so they can implement tax for every transaction
I can guarantee you the banking system is not behind cryptocurrencies.
Bitcoin was made by 1 individual. His name is "Satoshi Nakamoto".
The technology was invented by him and is a decentralized system.
Banks do no like Bitcoin because it takes money from them.
Yes, banks are the entities whose existence is highly threatened but the tremendous use of bitcoins and other digital currencies. Bitcoin was made by 1 individual. His name is "Satoshi Nakamoto".
The technology was invented by him and is a decentralized system.
Banks do no like Bitcoin because it takes money from them.
Everyone knows that Bitcoins are decentralized and this is what banks and many governments hate about Bitcoins. Bitcoin have given the whole power in the hands of local people and this is why people are highly attracted towards is currency.
I can guarantee you the banking system is not behind cryptocurrencies.
Bitcoin was made by 1 individual. His name is "Satoshi Nakamoto".
The technology was invented by him and is a decentralized system.
Banks do no like Bitcoin because it takes money from them.
Bitcoin was made by 1 individual. His name is "Satoshi Nakamoto".
The technology was invented by him and is a decentralized system.
Banks do no like Bitcoin because it takes money from them.
I don't think banks have something to do with cryptocurrencies. Besides, why would they develop a type of currency that they cannot control? I'm not convinced that they have to do with this. It can mean the end of business for them and a great loss of current and potential clients. So it doesn't really makes sense to me.
Well this will be one of the greatest mystery since the begging of Bitcoin. We don't know if it's just a codename or an organization or a genius individual but the mystery is that what happened in the year he dissapeared. Well because of life threatening danger and what if the government captured him and what if someone use his name to the destruction of btc. This questions is still remain unanswered but one thing is certain. He opened a door that others don't want to open or enter.
When it comes to banking system I think banks has a great advantage because they have great reserves like oil and gold.
When it comes to banking system I think banks has a great advantage because they have great reserves like oil and gold.
One person invented crypto, not the banking industry.
The world is more open for individuals to create something great by themselves than ever before.
Anyone with a laptop and internet connection can change the world.
The world is more open for individuals to create something great by themselves than ever before.
Anyone with a laptop and internet connection can change the world.
I think crypto is an indevendent programmable financial system, it is a self-running system without any interference from anyone, and crypto is a very transparent system that no one can take advantage of in this system Already programmed like that, so I do not think there is a controller from the bank in crypto. Bank only as a party where we can transfer crypto that we have exchange with fiat currency. This is what makes a lot of people like crypto as a tool of transaction in the future.
The moniker Satoshi Nakamoto is really a made-up name. Why would anyone who wanted to oppose the governments reveal their identity? That's like allowing witch hunters to kill you easily without some form of protection for yourself. Also, letting the public know you is irritating. Too much noise around you is not healthy.
I agree with this wholeheartedly. Just because you don't want to be known, that doesn't mean you're being secretive. In this case, the inventor is being protective. As I would be if I were in his or her shoes.
I'd say the only thing giving banks so much power and money, is their ability to track all transactions in a hidden database. If the banks did release it, it has backfired by showing how effective a public record of all trades makes them redundant. Cryptocurrencies are somewhat of a threat to banks, the only advantage they have it governments wanting to track who is trading.
All the major banks are cooperating with the Central Bank of their countries. Because of corruption and his connections, they can take an unlimited amount of money and resell the loans to the people. Banks always have an income. Cryptocurrency does not work, so she is not interested in banks. 
If they were indeed behind this, then they just shot their feet - unless of course, being Illuminati, they don't care about the initial pain. 
Why would banks want people to keep money on their own without using the banking system? Though for now some still use banks for converting to fiat, a world where crypto is king will no longer have use of banks since every transaction would be handled in crypto. Not to mention, there are multiple cryptos that people can own, and it's possible that much later, these will see increased use. Quite far from "one currency".
Why would banks want people to keep money on their own without using the banking system? Though for now some still use banks for converting to fiat, a world where crypto is king will no longer have use of banks since every transaction would be handled in crypto. Not to mention, there are multiple cryptos that people can own, and it's possible that much later, these will see increased use. Quite far from "one currency".
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
Why would a banking system related entity would be behind the existence of cryptocurrency when most of the cryptocurrencies out there are designed to be untouched or decentralized. They even hate to be regulated. Banks is all about regulation of money so why make cryptocurrency? Maybe the entity behind is sick about the regulations of money in the banks so he/she/they made cryptocurrency just to fill their wants? It seems illogical.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
Security researchers from the NSA agency were already discuting about cryptocurrencies in 1996. You can find the paper in search engines, the title is "How to Make a Mint: the Cryptography of Anonymous Electronic Cash". It's very interesting to read it.
A cover from The Economist was the showing bitcoin with the illuminati pyramid with the eye
So it can be possible the banking system (or above the bank cartel) is behind cryptos. After all "One world, One government, One bank" is one of the motivation of the Elites, isn't?
Seems you guys are reading too much of conspiracy theories and taking wikileaks very seriously A cover from The Economist was the showing bitcoin with the illuminati pyramid with the eye
So it can be possible the banking system (or above the bank cartel) is behind cryptos. After all "One world, One government, One bank" is one of the motivation of the Elites, isn't?
Jokes apart, nothing can be said for or against your opinion. Not sure if the Illuminati eye watches bitcointalk, or this thread to be particular, but what's bad about the new world order with bitcoins as the primary currency ?
Perhaps we will have an upper hand in the society for being acquainted with crypto currency at the least
I would not worry about the banking system and the existence of Bitcoin. The fact is that the crypto currency will feel very good in cooperation with the banking system. I see this even because the banks of my state, including commercial ones, use Bitcoin technologies and are very active in creating a national crypto currency. Therefore, users of crypto currency can sleep peacefully.
I wouldn't say they are behind cryptocurrencies, definetely now, but still their attitude towards cryptocurrencies is changing. At the begininig they were strongly against them but lately they are more and more exiperimenting with them. And the reason for that is profit, they are trying to find their piece of cake in it.
But some conspiracy theories say banks are the biggest investors in Bitcoin.
But some conspiracy theories say banks are the biggest investors in Bitcoin.
Why would you try to break your own leg. Answer is no . They earn from the additional charges and the interest they get from people .
Bitcoins just the replacement for liberty reserve. 
Bitcoin is a (crypto) currency. Liberty Reserve was a payment processor. What you are saying is totally out of sense. It's like saying Lionel Messi is the replacement of Michael Jordan. I don't know who told you that but better you google Liberty reserve to see what it's about.
Bitcoins just the replacement for liberty reserve.
Liberty reserve was a centralized digital currency serve and everyone knew that it would get into legal issues because of how they were conducting business and that is not the case with bitcoin and why would the banking system spend money to develop a new technology.
I don't think that the banking system will be behind bitcoin or any kind of cryptocurrency because they are one of the strongest and most stable financial system in the world so i don't think the that they will be easy to get behind the cryptocurency because the government will do its best to just maintain their banking systems.
There is no way that banks are behind crypto currencies after all there is no sane bank owner or personnel that will try to create crypto currencies especially bitcoin, since it can destroy their business. Aleo, banks don't like decentralization so why would they create crypto currency that are decentralized? It won't make sense if someone working for bank is the creator if bitcoin unless he/she wants to destroy banks.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
There is no way to actually be able to determine the right set of people that are behind bitcoin but one thing I know is that if banks are actually behind it, they have chewed more than what they bargained for because if this trend is going on like this, I then see what they brought into existence putting them out of business and that's exactly what's going to happen immediately some events happen to the advantage of bitcoin. DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
OP, that moment that you have to say your question is SERIOUS.
Why would banks create something that will ultimately destroy them? Bitcoin is everything that they are not. and if bitcoin succeed, it will render the banks useless.
We dont know but there is always possiblities that banking system be behind cryptocurrencies. How come that unknown person build this crypto with no one will help him/her. Ofcourse the owner of bitcoin build a team and they are working together for the bitcoin's future. There is always a backup. In business there is always partnership.
Why would banks create something that will ultimately destroy them? Bitcoin is everything that they are not. and if bitcoin succeed, it will render the banks useless.
Bitcoins just the replacement for liberty reserve.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
We dont know but there is always possiblities that banking system be behind cryptocurrencies. How come that unknown person build this crypto with no one will help him/her. Ofcourse the owner of bitcoin build a team and they are working together for the bitcoin's future. There is always a backup. In business there is always partnership. DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
Of course not. Blockchain is the one who regulates crypto currencies, and it's decentralized thus government can't regulate it. Also, its developer's identity wasn't shown publicly so thay government can't control them.
I don't think banking is behind the bitcoin, because the bitcoin principles is very different with banking system, the banking really serious about the transaction transparency while bitcoin is far from it and all the banking system is centralised, I believe bitcoin was made by some group of people who wants a revolution
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
Why would a banking system related entity would be behind the existence of cryptocurrency when most of the cryptocurrencies out there are designed to be untouched or decentralized. They even hate to be regulated. Banks is all about regulation of money so why make cryptocurrency? Maybe the entity behind is sick about the regulations of money in the banks so he/she/they made cryptocurrency just to fill their wants? It seems illogical.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
The way bitcoin is, whether an individual backs it up or group of individual is actuay not a matter for discussion but the aftermath of the project which has come to turn out well. If the bank has even supported it as you have rightly alluded then it defies reasoning in the sense that how would someone sponsor what will literally bring an end to its existence which is something bitcoin is going for if all things are held constant.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
In my opinion bitcoin was not created by the banks or governments, if it was then they should have added other characteristics to bitcoin, like the ability to print it at will, or a central authority of some type, bitcoin does not have anything like that, and we have seen governments working on their own coins with those characteristics, to me that is proof enough. DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
It could be that they tried to make bitcoin an experiment, then convert it into something they can control like giving it massive blocks, or supporting Ethereum/Ripple or anything else they can easily control.
But bitcoin as it is right now, it's not really good for the banking system.
definitely not banks,but structures close to the world goverment
the idea is to wipe the debts and restart the pyramid using no fiat money and to try and transfer everything money related into digital/cyber space
I think they are trying to remove fiat money,especially the notes and force people to use cards,accounts,wallets etc.
anything that can be controlled remotely online and turned on off at will
cryptocurrencies are the ideal choice here,you are dependant on the internet -no network=no money
the idea is to wipe the debts and restart the pyramid using no fiat money and to try and transfer everything money related into digital/cyber space
I think they are trying to remove fiat money,especially the notes and force people to use cards,accounts,wallets etc.
anything that can be controlled remotely online and turned on off at will
cryptocurrencies are the ideal choice here,you are dependant on the internet -no network=no money
Already around the world several countries have digitised their entire services through digital token usage for transaction and through other means. Now once again banks behind bitcoin is not gonna happen and bank might use bitcoin for specific purposes during transaction.
The banking system is about maximizing their profits so if it fits in with that agenda they will adopt it but otherwise reject it.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
True, Banks are not fools, its should already be in the game for some time ago, they just have to wait some time now, also if it become more popular they will look for ways to create new financial services and charge for those services, finally that's what they usually do. Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
I cant tell about conspiracies or whatever hidden agendas behind crypto...
But i can see what happens right now , i think .
Sold out all capable GPUs , big electricity bills , newcomers willing to turn flat into crypto ...
Exits are closed , HODLing is more than religion to many Crypto natives.
The whole Crypto ecosystem produce what Governments,Banks etc WANT !
CONSUMPTION
But i can see what happens right now , i think .
Sold out all capable GPUs , big electricity bills , newcomers willing to turn flat into crypto ...
Exits are closed , HODLing is more than religion to many Crypto natives.
The whole Crypto ecosystem produce what Governments,Banks etc WANT !
CONSUMPTION
This is a very very funny post speculating on something which is already known and established -- that Nakamoto could not be involved with the government otherwise he would not try to create Bitcoin which is kinda a little bit against the traditional set-up we have in the financial and even in political sectors.
Bitcoin is a disruption against the common control as established by our central banking system. In Bitcoin, the control is given to the people or the holders of the currency. While we can never stop the government from also getting involved with cryptocurrency, it does not mean that the government has a hand on this one.
I am also tired of all of these Illuminati conspiracy theories which are actually nice for a movie script and for fantasies while lacking in solid evidence.
Bitcoin is a disruption against the common control as established by our central banking system. In Bitcoin, the control is given to the people or the holders of the currency. While we can never stop the government from also getting involved with cryptocurrency, it does not mean that the government has a hand on this one.
I am also tired of all of these Illuminati conspiracy theories which are actually nice for a movie script and for fantasies while lacking in solid evidence.
The banking system is about maximizing their profits so if it fits in with that agenda they will adopt it but otherwise reject it.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
Asking an employee at the bank and their opinion is likely that Bitcoin is designed to be more private so wouldn't that defeat the purpose if banks accepted Bitcoin, ask a CEO though and they may consider it if they find utility in the blockchain and ways to reduce overhead costs related to the accounting side etc.
Bitcoin has created a huge loss to banks in transaction sector and bankers see bitcoin as their main rival.Bitcoin has freed people from banking sector and it is a decentralized currency uncontrolled by any one.Banks and governments have tried their best to destroy bitcoin.I don't understand why OP got this doubt.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
Why would banks ever invent bitcoin?
There is no way that they invented it because bitcoin allows us to not use their services to transfer money. It also allows us to not use fiat currencies all the time, which essentially means that all bitcoin users are free from government rule.
This isn't in their best interests at all. It is totally anti-federal reserve. Governments want bitcoin to be gone.
We all know who invents bitcoin but Its very got a high possibilities that banking systems can be behind of some crypto's since they can create for themselves if they want to create it. And maybe they will look up for this situation since CryptoCurrencies are one of the top trending neews on online business industry and if they keep looking on how profitable it is surely they will think to have it in future.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
Why would banks ever invent bitcoin?
There is no way that they invented it because bitcoin allows us to not use their services to transfer money. It also allows us to not use fiat currencies all the time, which essentially means that all bitcoin users are free from government rule.
This isn't in their best interests at all. It is totally anti-federal reserve. Governments want bitcoin to be gone.
So is it safe to say that Jihan Wu is the head of Illuminati and theymos is one of the board members? I had a feeling damn I knew it now I'm going to shun Bitcoin after I dumped whatever I have.
Bitcoin was sent by God using an angel named Satoshi, we can revolt against all the governments and all the big banks(not big bang)lol by using and adopting Bitcoin, we need to write our own laws and change the rules into our liking, this is just the start of a long and game changing revolution. if they wanted to have a one currency then they suck at it because Bitcoin is both decentralized and open source. the only possible way to manipulate us in the future is by holding more than 70% of all the coins which I suspect they have been doing the accumulation for a few months now just when all the crypto coins prices started to fly for the moon.
Bitcoin was sent by God using an angel named Satoshi, we can revolt against all the governments and all the big banks(not big bang)lol by using and adopting Bitcoin, we need to write our own laws and change the rules into our liking, this is just the start of a long and game changing revolution. if they wanted to have a one currency then they suck at it because Bitcoin is both decentralized and open source. the only possible way to manipulate us in the future is by holding more than 70% of all the coins which I suspect they have been doing the accumulation for a few months now just when all the crypto coins prices started to fly for the moon.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
If someone wants to control people there is nothing better than credit cards and banks where you have to use your identity data and they can control your ass with few clicks. In cryptocurrency world even if you can monitor blockchain a wallet has no owner name and cannot be blocked by an authority that decides to block your funds. So your claim makes no sense.
Fiat money is on limited time ever since the 2008 liquidity crisis. Central Banks printed unlimited cash to bail out centuries old investment banks, at the expense of ALL the rest of the world.
Tremendous amounts of dollars without any backing were printed, yet USD continued to gain against all the currencies of developing countries and rest of the world, meaning the entire world paid the exponentially leveraged debts of Wall Street.
Ever since then pretty much the whole world hates the USA, Europe has aged itself out of the game through a non-procreating feminized population, so it's only a matter of time before the leading fiat currencies like USD & EUR blow up.
Crypto-currencies are the way of the future.
Tremendous amounts of dollars without any backing were printed, yet USD continued to gain against all the currencies of developing countries and rest of the world, meaning the entire world paid the exponentially leveraged debts of Wall Street.
Ever since then pretty much the whole world hates the USA, Europe has aged itself out of the game through a non-procreating feminized population, so it's only a matter of time before the leading fiat currencies like USD & EUR blow up.
Crypto-currencies are the way of the future.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
First of all, satoshi(the founder of bitcoin you're referring to), has not just exchanged a few emails. He has been extremely active in the early stages of bitcoin but apparently quit everything bitcoin related after a few years of work. You can see his bitcointalk profile here: https://bitcointalksearch.org/user/satoshi-3.
If you allege that satoshi is some sort of government organization, then they are bloody stupid. How do we know that bitcoin wasn't created by the central banks? Because it wouldn't make sense. Creating this crypto would take away all their control on people's capital, interest rates, inflation rates, etc. China wants to implement its own cryptocurrency but so does russia, but their crypto is going to still be fiat based, which means that central bank is still able to 'print' more of it as needed.
Why do bankers hate bitcoin? Because it allows people a safe haven to invest their fiat savings in, and that would take business away from them.
Who cares who created bitcoin? Who created fiat? What 1 man did it? No one knows or cares. We're fixated on it because we're so close to inception buy our kids and grandkids won't care.
It's open source. So it doesn't matter who created it. With fiat it's closed source and you need to trust the bank you keep your money at. It's what you've grown up with, that you have to trust someone with your money. That's why you want to know who satoshi is. Let that sink in. Change your normal train of thought.
It's open source. So it doesn't matter who created it. With fiat it's closed source and you need to trust the bank you keep your money at. It's what you've grown up with, that you have to trust someone with your money. That's why you want to know who satoshi is. Let that sink in. Change your normal train of thought.
I don't think banks are behind the cryptocurrency system functioning. Cryptocurrency and the banking system provide the same service but the way they make it vary causing the advantage over the other.
I agree with your point because we all know that banking system do not want people to invest their money and save their money in bitcoin and they want people to rely on only banks for keeping their money.
I don't think so. Banking system isn't behind the Crypto-Currency world, it doesn't make sense, because banks are losing money and customers when people adopt Crypto-Currency. They could try to control Bitcoin and Altcoins, and it's possible, they just need to hold a big amount of these currencies and they can make the market movements as they wish.
The question is, are they trying to destroy Crypto-Currency or to control it?
The question is, are they trying to destroy Crypto-Currency or to control it?
The banking industry is against industry innovation.
They would never be involved with anything cutting edge representing progress in the realm of currency exchange.
Their entire business model is built around oppressing change and innovation.
They would never be involved with anything cutting edge representing progress in the realm of currency exchange.
Their entire business model is built around oppressing change and innovation.
If banks were behind the cryptocoins they wouldn´t be anonymous addresses or mining farms in China, it would have been very different. In fact cryptocurrencies are a threat for them, that´s why they are researching on blockchain technology to find a way to take advantage and offer people their "safe alternative".
I know that in this forum there are many people - mainly the "NWO" believers - that believe exactly this (or the variant that it were "governments" or "elites", e.g. from the Bilderberg Group).
I believe that it's likely that finance sector and governments may have conducted research on the topic. But the path that lead to the first cryptocurrency (Bitcoin) was preceded by academic research (e.g. Nick Szabo's Bit Gold) that made the last step that culminated in Bitcoin not too difficult. So it could have been invented by anyone - banksters, governments, or simply crypto-anarchist programmers.
For me, it's not that important who invented it. The important thing is how we use it. But I think at least that Bitcoin's potential as a "banking software without banks" is not exactly what "big banksters" want. Even the loaning/credit business could be taken over by cryptocurrencies via coloured coins/assets and similar solutions.
And by the way, I also don't believe the "Blockstream is controlled by banksters" theory. If Blockstream wanted to implement LN only to get control over Bitcoin (and be able to censor it or get information about users, for example), then crypto-anarchists and other privacy-liking people would simply wander to other cryptocurrency.
I believe that it's likely that finance sector and governments may have conducted research on the topic. But the path that lead to the first cryptocurrency (Bitcoin) was preceded by academic research (e.g. Nick Szabo's Bit Gold) that made the last step that culminated in Bitcoin not too difficult. So it could have been invented by anyone - banksters, governments, or simply crypto-anarchist programmers.
For me, it's not that important who invented it. The important thing is how we use it. But I think at least that Bitcoin's potential as a "banking software without banks" is not exactly what "big banksters" want. Even the loaning/credit business could be taken over by cryptocurrencies via coloured coins/assets and similar solutions.
And by the way, I also don't believe the "Blockstream is controlled by banksters" theory. If Blockstream wanted to implement LN only to get control over Bitcoin (and be able to censor it or get information about users, for example), then crypto-anarchists and other privacy-liking people would simply wander to other cryptocurrency.
This only for my opinion and everybody are free to give their side about it, I think yes! it could be possible that some of the bank are behind cryptocurrencies. Because some of the crypto in altcoin world became regulated which is centralized while bitcoin was always decentralized and unregulated industry.
Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
If the bankers started bitcoin then they would have kept it for themselves for their internal usage because it is a cost effective method to send and receive money and they could have saved billions with it and i am pretty sure that they will never release this to the public,there is no conspiracy here,it is developed by a genius who felts sick of the controlling governments.
Now we have the banking theory ,earlier we had the NSA theory 
because there was a paper regarding that as early as 1996 and they did have an issue with double spending and counterfeit tokens and they did have a solution way different than bitcoin but what the creator of bitcoin did is,took every ideas and made significant changes to the areas it need and made this to reality and that is the genius behind Satoshi.
because there was a paper regarding that as early as 1996 and they did have an issue with double spending and counterfeit tokens and they did have a solution way different than bitcoin but what the creator of bitcoin did is,took every ideas and made significant changes to the areas it need and made this to reality and that is the genius behind Satoshi. 
i really don't think it's banks. it goes against everything they want.
it is conceivable that it came from government sponsored or trained computer scientists. if you wanted to experiment with something like this then what better way than to release it into the wild and let the rest of the world refine it? it costs a bunch less and you get all the benefits.
it is conceivable that it came from government sponsored or trained computer scientists. if you wanted to experiment with something like this then what better way than to release it into the wild and let the rest of the world refine it? it costs a bunch less and you get all the benefits.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
Big bankers have already experimented on the Blockchain in a project called R3 CORDA
(http://www.r3cev.com/blog/2016/4/4/introducing-r3-corda-a-distributed-ledger-designed-for-financial-services)
They spent millions of dollars only to decide it's not worth it in the end
Jokes aside there are Bank institutes that are already investing in crypto but those funds aren't pointed
towards Bitcoin, they are spending their money at some Altcoins in hopes to develop their own private blockchains which is a good argument against their involvement in the creation of Bitcoin itself. Bitcoin is based on a public & open sourced Blockchain
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least.
Why it is strange? That there is a man out there who doesn't require fame? In case you didn't know Satoshi is rumored to own more than 1.7 million of BTC.And he never used/moved a single one bitcoin. I too don't like any kind of spotlight, I don't have any social media and in general I trust only people which I met personally IRL.
I think Satoshi hated to be placed in the spotlight and putting on a show as he was deeply rooted within libertarian philosophy.
I'd say the only thing giving banks so much power and money, is their ability to track all transactions in a hidden database. If the banks did release it, it has backfired by showing how effective a public record of all trades makes them redundant. Cryptocurrencies are somewhat of a threat to banks, the only advantage they have it governments wanting to track who is trading.
I think you are saying the right thing and most of us promoting always remain silent when ever we are ask who invented bitcoin, were did he live and his major aim of creating bitcoin. We all see the impact and infect of bitcoin on the world economy. The creation is sealed in mystery but bitcoin itself is very transparent. I don't think banks will be behind a transparent system.
I don't think banks are behind the cryptocurrency system functioning. Cryptocurrency and the banking system provide the same service but the way they make it vary causing the advantage over the other.
Security researchers from the NSA agency were already discuting about cryptocurrencies in 1996. You can find the paper in search engines, the title is "How to Make a Mint: the Cryptography of Anonymous Electronic Cash". It's very interesting to read it.
A cover from The Economist was the showing bitcoin with the illuminati pyramid with the eye
So it can be possible the banking system (or above the bank cartel) is behind cryptos. After all "One world, One government, One bank" is one of the motivation of the Elites, isn't?
A cover from The Economist was the showing bitcoin with the illuminati pyramid with the eye
So it can be possible the banking system (or above the bank cartel) is behind cryptos. After all "One world, One government, One bank" is one of the motivation of the Elites, isn't?
The moniker Satoshi Nakamoto is really a made-up name. Why would anyone who wanted to oppose the governments reveal their identity? That's like allowing witch hunters to kill you easily without some form of protection for yourself. Also, letting the public know you is irritating. Too much noise around you is not healthy.
The way you have asked itself looks like a comedy and finally you have mentioned it as an serious question. It's just a system that runs of its own without the interference of government or any of the banking sector. If this has come under the control of any of the government now it could have not lasted or else it could have not gained such a popularity.
The creator of bitcoin no one has ever seen and the most contact he has had with anyone is via a few emails. It's a little strange to say the least. Plus bitcoin isn't even anonymous. I only ask because I keep hearing of this one world goverment thing who want to introduce a one world currency. It kind of makes sense that a one world goverment might be being implemented as they have and are creating unions, like the EU for example if more unions are implemented like African and South American etc it would worth paying more attention. Anyway, how do we know that big bankers aren't behind this currency and the so called creator of bitcoin isn't just a made up name? Who is behind bitcoin it's a conspiracy.
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
DUN DUN DUN. Illuminati confirmed!
All jokes aside this is a very serious question....... VERY SERIOUS!
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