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Topic: Does Banks really manipulates us? (Read 731 times)

hero member
Activity: 2086
Merit: 513
DGbet.fun - Crypto Sportsbook
June 07, 2023, 02:33:45 PM
#95
I don't know if I would or could say that "banks manipulate us", but I will go on record as saying that most of the largest banks are complete and utter fraudsters, who swindle their customers funds out of their hands as often as possible, as well as in a fraudulent manner.

Just take a look at JP Morgan Chase for example, the worlds 2nd largest bank..take a look at their financial violations since the year 2000..nearly 37 BILLION in fines.. https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase

As a financial advisor, and someone who has worked closely with banks over the course of my career, I can honestly say that banks led me to bitcoin.  Banks are legitimately the reason I got so "involved" with bitcoin many years back..because I saw the centralized corruption that banks meant on this world. 

Don't trust banks, ever. ( Credit Unions and small "mom & pop" banks may not fall in to this category fully ).

You have strong opinions about banks and their practices. Some banks have been fined for financial violations and fraud, as evidenced by their fines. Raising awareness about potential misconduct and holding financial institutions accountable are important. Nevertheless, banks do not all engage in fraudulent activities, and their operations are regulated. There are regulatory bodies that ensure banks adhere to certain standards and practices, and violations are punished.

Any financial institution or system should be thoroughly researched, analyzed, and evaluated based on your individual circumstances and preferences. In comparison with large, multinational banks, credit unions and smaller banks may provide different experiences and operate differently.
full member
Activity: 162
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Eloncoin.org - Mars, here we come!
June 07, 2023, 07:36:43 AM
#94
Many people still have little idea about crypto so they don't choose banking system to save. Banks really manipulate us and it is very important to have savings to meet various needs of life or to face sudden accidents. If the expenses are more than the income, then we have to borrow or rely on others to meet the additional expenses. Banks have no option to deal with such situations it is easier for banks to carry out banking business safely for any task. Although the image of bankers has suffered a bit in recent times due to various irregularities, isolated accidents and frauds, the banking sector is inevitably still the main driving force of the economy and the financial or commercial activities of the general public.


They do manipulate out of our need life style will be know the people and in todays all life all king of money need go for bank only and from there they manipulate our mindset by saying that banks can help them get loans easily and quickly, even though the money is loaned with high interest and collateral and main reason is ruling us .
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 07, 2023, 04:00:27 AM
#93
Many people still have little idea about crypto so they don't choose banking system to save. Banks really manipulate us and it is very important to have savings to meet various needs of life or to face sudden accidents. If the expenses are more than the income, then we have to borrow or rely on others to meet the additional expenses. Banks have no option to deal with such situations it is easier for banks to carry out banking business safely for any task. Although the image of bankers has suffered a bit in recent times due to various irregularities, isolated accidents and frauds, the banking sector is inevitably still the main driving force of the economy and the financial or commercial activities of the general public.
sr. member
Activity: 1106
Merit: 391
June 07, 2023, 02:12:53 AM
#92
-snip-

They do. They manipulate us out of our needs and lifestyle. They know that many people today need banking for their various financial needs, and from there they manipulate our mindset by saying that banks can help them get loans easily and quickly, even though the money is loaned with high interest + collateral. They say that it is safer to keep the money in the bank because they need this money to be channeled to borrowers or reinvested in the capital market. And many other manipulative acts. So the bottom line is they manipulate us, period.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
June 07, 2023, 12:55:50 AM
#91
I don't know if I would or could say that "banks manipulate us", but I will go on record as saying that most of the largest banks are complete and utter fraudsters, who swindle their customers funds out of their hands as often as possible, as well as in a fraudulent manner.

Just take a look at JP Morgan Chase for example, the worlds 2nd largest bank..take a look at their financial violations since the year 2000..nearly 37 BILLION in fines.. https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase

As a financial advisor, and someone who has worked closely with banks over the course of my career, I can honestly say that banks led me to bitcoin.  Banks are legitimately the reason I got so "involved" with bitcoin many years back..because I saw the centralized corruption that banks meant on this world. 

Don't trust banks, ever. ( Credit Unions and small "mom & pop" banks may not fall in to this category fully ).
Factor in the fines, the smoke and mirrors, and the whole "ethics? What ethics?" routine, and you've got a big bank narrative that's darker than a cyberpunk dystopia. I mean, who hasn't double-tapped their screens in sheer disbelief at their level of tomfoolery, right?

Bitcoin's like the new cool kid on the block(chain) with its decentralized swag, presenting a hip antidote to the stiff suits at the banks. But let's not fire off 280 characters of rage at all the banks just yet. Yes, there are those playing the wolf emoji among the sheep emoji, but there are also those doing the right thing, being the lifeblood for their local communities.

Regulation's the password here, pals. As we start sliding into our digital wallets more and more, getting some robust rules for this crypto-jungle is mission critical. So, while we might have hearts in our eyes for Bitcoin, remember, a balanced digital dough ecosystem's where it's at.
member
Activity: 166
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Where Digital Assets Meet Real Life Value
June 06, 2023, 09:23:10 PM
#90
It is very important to examine the underlying factors. Banks play an important role in our economic system, facilitating the flow of money and enabling investment. Investors, with their financial resources, can influence companies and projects. They may have more control through higher shares or greater financial influence.

This influence can lead to the creation of various products and schemes such as housing initiatives, the world of sports and the world of entertainment, it seems unethical to justify banks and investors as the root of all manipulations that oversimplify the complex dynamics of our economic system. Those who engage in unethical practices are usually Persons (Financial Criminals).
legendary
Activity: 2282
Merit: 3014
June 06, 2023, 05:24:55 PM
#89
I don't know if I would or could say that "banks manipulate us", but I will go on record as saying that most of the largest banks are complete and utter fraudsters, who swindle their customers funds out of their hands as often as possible, as well as in a fraudulent manner.

Just take a look at JP Morgan Chase for example, the worlds 2nd largest bank..take a look at their financial violations since the year 2000..nearly 37 BILLION in fines.. https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase

As a financial advisor, and someone who has worked closely with banks over the course of my career, I can honestly say that banks led me to bitcoin.  Banks are legitimately the reason I got so "involved" with bitcoin many years back..because I saw the centralized corruption that banks meant on this world. 

Don't trust banks, ever. ( Credit Unions and small "mom & pop" banks may not fall in to this category fully ).
full member
Activity: 826
Merit: 104
June 06, 2023, 05:23:45 PM
#88
Bitcoin and other cryptocurrencies have gained popularity due to their potential for greater privacy and financial sovereignty. They can give individuals the ability to independently manage their assets and conduct transactions without going through traditional banking systems. Especially thanks to its decentralized nature, based on a network of computers, it gives individuals more control over their financial transactions and reduces their dependence on centralized institutions. central. So by breaking out of the matrix, you have control over aspects of yourself without having to rely on the government.
legendary
Activity: 1554
Merit: 1139
June 06, 2023, 05:11:56 PM
#87
Banks aren't the main component of capitalism. You could have a Bitcoin economy in which banks were completely wiped away and still have a capitalistic economy based on private enterprise. Banks represent a large portion of the economy due to investments and circulating funds throughout the economy, but that does not mean they're a central component of capitalism itself. Think of individuals conducting commerce as being the main vessel of capitalism. Banks merely facilitate the ventures as intermediaries. You could replace banks with anything.
I do wish you didn't get to pause like you did, perhaps you could have pushed the comment farther as it did make a good read.

Taking a page from what you've already laid down, banks aren't the master minds behind the system, the governments are wth the banks as its facilitators, taking the forefront to ensure the schemes archives its aim as they control the masses money and gets to increase or limits its circulation.
It's the sole base of having the system leveraged to attain certain conditions within the nation. That's why cryptocurrencies are not recognised or welcomed by most governments of the world.
legendary
Activity: 2828
Merit: 1515
June 06, 2023, 04:53:09 PM
#86
Ok now investors need a system to flow there money via *banks* Which means banks is the main component of all centralization, capitilism and flow of money.

Banks aren't the main component of capitalism. You could have a Bitcoin economy in which banks were completely wiped away and still have a capitalistic economy based on private enterprise. Banks represent a large portion of the economy due to investments and circulating funds throughout the economy, but that does not mean they're a central component of capitalism itself. Think of individuals conducting commerce as being the main vessel of capitalism. Banks merely facilitate the ventures as intermediaries. You could replace banks with anything.
legendary
Activity: 2688
Merit: 1192
June 06, 2023, 01:53:29 PM
#85
what is mateix?ok i know what it is, mostly i have seen the videos of how people make a video, with secrecy music tune and they will make such anxious looking moves in the video like they are saving themselves from someone and they will say, we are the ones who manages all the un-necassary things to control your life such as

1. House Schemes
2. Sports cars
3. Fashion Industry
4. Plasma TVs

ok, if they made these things which they didn't because every mentioned item has its own history. let's just say, they were created as mentioned in their respected histories and then controled by investors.

because every new technology needs investors.

so to understand how banks can manage those things?

first we need to understand how investors can control them? i think maybe because they have share in the company and the one with more share, and more money is the one with more governance and control so they can convince companies and project makers to deploy such schemes such as TVs, Sports cars races, fashion contest and housing schemes.

Ok now investors need a system to flow there money via *banks* Which means banks is the main component of all centralization, capitilism and flow of money.

Then why people like Andrew Tate are kept saying to leave the matrix and come to reality. are we really in some kind of matrix. what is the important of this matrix. like we should consider the pros and cons of each over if matrix do exists

The main question is if there is. a. matrix then why it is present? what's the real need of it. how it benefits those big investors that controls banks. Ok lets say it keep the people busy just like the "roman games" (from insta video) why people are to kept busy and why not.

i find no error in doing work because that's how we will revolutionize in technology. and can acheive more success and easiness in our world.

wait wait. Easiness like IOT has provided us as an tech ology. and collecting our data so that they can make such decisions to sell more things to us. But why? maybe to earn money. but if they have already money to invest in first hand then why not saving it for future why doing such immoral works?

so are u saying these works are immoral?

overall my question is why banks are being accused as matrix and the investors are the ones behind all this?

You seem to think there is some grand conspiracy that only you are privy towards, yet this is how capitalism works at it's very core. Banks do work in tandem with governments (and are somewhat controlled by central banks that exist in each country) but there is no better way for it all to work at the moment. They are simply companies like any other and besides the fact that they were not allowed to fail because they were too big, we saw in the 2008 financial crisis that they can also suffer from big financial problems too. It's a bit weird how you connect a handful of random household objects, but then you reference somebody like Andrew Tate, one of the biggest idiots out there - who is making big money from manipulating idiots - and all becomes clear.
sr. member
Activity: 1316
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Sugars.zone | DatingFi - Earn for Posting
June 06, 2023, 12:58:18 PM
#84
You must understand both the benefits and drawbacks of different financial systems, such as traditional banks and decentralized cryptocurrencies like Bitcoin. Banks and Bitcoin represent different approaches to finance and have distinct characteristics. Banks operate in centralized systems and provide services such as loans, savings accounts, and investment opportunities. They are subject to regulations and supervision by government agencies. Bitcoin, on the other hand, operates on a decentralized network, offering features like peer-to-peer transactions and a limited supply controlled by mathematical algorithms. Their contradictory nature makes it difficult for them to coexist and develop in the future.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
June 06, 2023, 12:13:33 PM
#83
Any bank can be accused of manipulation if the central bank wants it. Of course, now banking rules have become stricter, unified information centers have been created, but also attempts to manipulate have become more sophisticated (the small print in the contract is no longer very popular as an object of manipulation)
Even banks have come a long way from the way they manipulate their customers - I honestly can totally imagine they will continue to do this to anyone who still has faith in their services.

Somehow I've lost enough faith in banks when it comes to store money, in fact I'm confident enough to keep it in a safe instead of deposit in an account in my financial reserve plan. They are undeserved and very unfair in terms of profit sharing - meaning the bank only uses our funds for its own benefit while offering us the lowest possible interest.
legendary
Activity: 1806
Merit: 1161
June 06, 2023, 09:14:56 AM
#82
Although there are many reports that banks are manipulating, but this is of course difficult to prove, the banks must have obtained permission and followed government regulations so that if someone is involved in manipulation and it is proven, the bank will be frozen, and in my country many banks have been frozen for many reasons.

Any bank can be accused of manipulation if the central bank wants it. Of course, now banking rules have become stricter, unified information centers have been created, but also attempts to manipulate have become more sophisticated (the small print in the contract is no longer very popular as an object of manipulation)
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
June 06, 2023, 05:12:22 AM
#81
Although there are many reports that banks are manipulating, but this is of course difficult to prove, the banks must have obtained permission and followed government regulations so that if someone is involved in manipulation and it is proven, the bank will be frozen, and in my country many banks have been frozen for many reasons.
Although I am always pro-bitcoin and pro-decentralization, blindly assuming that banks are manipulating people would be wrong without proof seems longshot to me. I for once do believe that banks and bitcoin seem to be opposite things but the use of both are similar and should be understood properly before speaking. Advertisement and all will always run like the companies want them to. But choosing to buy stuff is your own choice. Not buying costly things is your own choice and that is what we must train each other and our children.

In the country I live in top banks have been running well for years, no question of bankruptcy. They are always the safer and less profitable method of keeping money deposited in.
full member
Activity: 1162
Merit: 106
May 31, 2023, 11:30:21 PM
#80
Although there are many reports that banks are manipulating, but this is of course difficult to prove, the banks must have obtained permission and followed government regulations so that if someone is involved in manipulation and it is proven, the bank will be frozen, and in my country many banks have been frozen for many reasons.
member
Activity: 1050
Merit: 10
May 31, 2023, 08:08:53 AM
#79
Now the rules for banks are getting stricter, all transactions must be known to the central bank so if there is manipulation of course it will be easy to find out, a few years ago bad things happened in my country, namely banks that had no money because customers took money, this created a domino effect and panic so the government took over the troubled bank and its owner and several directors involved in corruption at the bank have been sentenced to death.
hero member
Activity: 2058
Merit: 710
May 31, 2023, 05:41:49 AM
#78
I don't know whether banks are manipulating, but from the many crime cases that have occurred, banks often make manipulations, even many banks provide good financial reports in the hope of surviving and gaining the trust of consumers, of course we don't know because the report determines whether the bank whether to manipulate or not is the authority of the central bank.
You also cannot say this carelessly when there is no really accurate evidence for this, because everything related to the crime needs to be proven through the facts that happened so that the accusation can be true. Besides, everyone doesn't need to assume that all banks are manipulating because until now there are still very many banks that are still trusted by the public for saving money. Apart from that, I also believe that you yourself are still using banks in your life if you are still in touch with cryptocurrency.
sr. member
Activity: 1722
Merit: 252
May 29, 2023, 02:22:06 AM
#77
I don't know whether banks are manipulating, but from the many crime cases that have occurred, banks often make manipulations, even many banks provide good financial reports in the hope of surviving and gaining the trust of consumers, of course we don't know because the report determines whether the bank whether to manipulate or not is the authority of the central bank.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
May 28, 2023, 05:53:45 AM
#76


 the bank is not completely wrong, at least it helps us to store our assets much easier than we save them ourselves.

In terms of business, they are not wrong, what they are doing is no different from companies in other fields, they have spent their brains and efforts, they have the right to receive what they set out to do. But if someone understands how it works and how banks take our money, that person will stay away from the bank rather than continue to trust. But you are right, they are not wrong because in order to make a profit, there must be a trick, if there is a fault, blame us for believing them too much and not having any doubts.

However, I strongly disagree when you think it is better for the bank to keep our assets than to let us keep them ourselves. It's strange that you don't believe in yourself but believe in a stranger and can give your assets to them to hold.
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