Topic: Does Banks really manipulates us? - page 2. (Read 720 times)
Many findings that banks often manipulate data, especially banks that have been registered on stock exchanges, so to convince their investors often manipulate data, the facts that occur in many banks who are of funds because it is difficult to find customers who want to save, various methods are done such as providing rewards To those who want to save money in the long run.
banks understand financial matters and various industries, they are smart in managing finances. I don't feel manipulated by the banks, but indeed some elite people who monopolize world trade are making financial damage even more, even the corruption rate in several countries is one of the reasons why inflation continues. the bank is not completely wrong, at least it helps us to store our assets much easier than we save them ourselves.
Just think of the sheer amount of people they are trying to screw over in order to make profit. Does that sound "not completely wrong" to you? They literally are just a group of people given the right permit by the government to borrow other people's money to make a profit. They are just "licensed borrrowers" that happens to have connections on investments to make more money. Plus, they are lending out money that are entrusted to them with interests, which is unfair but somehow in a business perspective it's perfectly fine and no one dare bat an eye.
Banks may be doing something for the people in terms of investments, asset safekeeping and all that, but their actions behind the scenes to make money are mostly unethical, but that's okay since they are doing something good.
banks understand financial matters and various industries, they are smart in managing finances. I don't feel manipulated by the banks, but indeed some elite people who monopolize world trade are making financial damage even more, even the corruption rate in several countries is one of the reasons why inflation continues. the bank is not completely wrong, at least it helps us to store our assets much easier than we save them ourselves.
I think it's hard to prove how fraudulent the bank is. they have control of the world's money as their strength. if we don't feel accepted, he easily drops us. all we can do is accept and try not to fall into their manipulation. This is a smart way to manage finances, make investments, and also prepare against inflation.
Once you open a bank account, you are required to deposit money. You won't be able to send them any money because the bank has already manipulated you. Especially when they already hold the money that you entrusted to them, because you can't simply release your money until you provide the requirements they need.
You have no control over the money you entrust to them, then when you bring in a large amount of money they will always accept it, but when you take out a large amount of your money from them they will ask you a lot of questions and requirements because they are the ones it's in control not you.
Can we call that manipulation? I wouldn't label it that way, though I agree that it is not right to ask questions or put up requirements in front of someone who is willing to withdraw his own money when he wasn't asked anything when he was depositing it, especially if it's a pretty large sum, on top of that, they might even make you do some paper work.You have no control over the money you entrust to them, then when you bring in a large amount of money they will always accept it, but when you take out a large amount of your money from them they will ask you a lot of questions and requirements because they are the ones it's in control not you.
But, that isn't manipulation, that is basically authority that you have given them in the first place. If you had kept your money with yourself in a safe or somewhere you knew they will be safe, you wouldn't need to face that. One can even choose Bitcoin for that now.
Yes, banks definitely manipulate us, only 1% of educated people know about it.
The banks said they're the safe place to store our money, this is wrong because every year there's a new bank will bankrupt and they will not allow you to withdraw a huge money in once time withdrawal.
The banks said it's profitable to save in their banks because they offer interest to grow your money, this is wrong because the inflation rate is higher than the interest rate they offer.
The banks said fiat has a value, this is wrong, there's no fair value, but it's just because of people trust it.
The banks said they're the safe place to store our money, this is wrong because every year there's a new bank will bankrupt and they will not allow you to withdraw a huge money in once time withdrawal.
The banks said it's profitable to save in their banks because they offer interest to grow your money, this is wrong because the inflation rate is higher than the interest rate they offer.
The banks said fiat has a value, this is wrong, there's no fair value, but it's just because of people trust it.
Opinions in most of the comments agree that banks are manipulating us in one way or another, and I also agree with this opinion. But there is another side from which we can look at things ; it's important to remember that investing can provide a way to grow wealth over time. You can find a path way that can work for you and your future ambitions. However, it's important to note that whoever willing to invest with banks should be disciplined and aware about what he is willing to do, and to stay informed about updates and news of the market.
It is undeniable that some banks offer very attractive investment offers that can help improve the standard of living for their customers, especially business owners. Wisdom is always to be fully aware of every step.
It is undeniable that some banks offer very attractive investment offers that can help improve the standard of living for their customers, especially business owners. Wisdom is always to be fully aware of every step.
I am not entirely sure it would be considered "manipulation" when something they do is literally their entire existence reason. Manipulation is unexpected, banks being banks is not unexpected and they certainly do change the cashflow to the market however they please, which means that they are changing the whole macro economy, which impacts the micro one as well, but that is their entire purpose of existing so we couldn't really blame them for doing that. Its more about rules and regulations, they do exist because they should be doing this, Germany has banks too and they are not ruining the nation, so why does ours do it? Thats the real question, figure that out and you can start to fix your nation from top to bottom.
Don't be too stupid because you didn't get it clear about what Andrew tate is talking, he referred the existing controlling system as matrix not the one we saw in the movies by Keanu Reeves which is kind of software, virtual reality and something.
That's a funny one, I'll give you that.Still, I feel with the loads of comments on the subject, a follow up is expected for anyone paying attention.
Banks manipulate the majority of people and plays the majority of the role in their entire life simply because the system is designed in that way so if you're someone who doesn't want to be just another human has to understand the control and need a way to make money for example Andrew used his fame and speaking skills to monetize.
It's why they are there. They are a profit based organisation and even more so, they are an agent of the government through its CB. Its no surprise that, should they hope to create a condition within the state, they go ahead to archive it by manipulating the cash flow. Either pumping in more cash than necessary or reducing the amount of cash in circulation.These are what has been and will continue to be even in the face of a crypto evolved world. We still can't have them fiats go away and that means, the conditions that surrounds fiat or cash systems would still be very much active but, to a minimum.
It's difficult to make an assessment or statement about all banks and their practices, as each institution operates differently. However, it is true that some banks have been known to engage in practices that prioritize their own profits over the needs and interests of their customers. Some banks may offer products or services with hidden fees or unclear terms and conditions, which can be misleading for customers. Some banks have been criticized for their lending practices, which may disproportionately benefit certain groups over others. It's important for consumers to do their research and carefully read the fine print before signing up for any bank products or services.
While it is difficult to make an assessment of different banks in different countries, we surely do understand that all the financial institutions have similar goals and objectives which is in line with the wish of the government of the people. Why we do not trust the banks is their central system which is based on manipulations, besides we have been used for many years before the advent of bitcoin. This is why moat of us have refused to continue patronising the banks to a large extent.
The banks manipulate us to a large extent.
on which they do give out that peanut annual interest for getting that huge monthly interest which it is really a sure win-win situation for them. In speaking about manipulation then i could say that it isnt
really that much of a concern because you are the ones who would really be choosing whether you would be putting up all of your savings or not or would really be opting out on other method.
In economical matters or perspective then im not much of an expert on how this institutions does play a big role on it.
It's difficult to make an assessment or statement about all banks and their practices, as each institution operates differently. However, it is true that some banks have been known to engage in practices that prioritize their own profits over the needs and interests of their customers. Some banks may offer products or services with hidden fees or unclear terms and conditions, which can be misleading for customers. Some banks have been criticized for their lending practices, which may disproportionately benefit certain groups over others. It's important for consumers to do their research and carefully read the fine print before signing up for any bank products or services.
While it is difficult to make an assessment of different banks in different countries, we surely do understand that all the financial institutions have similar goals and objectives which is in line with the wish of the government of the people. Why we do not trust the banks is their central system which is based on manipulations, besides we have been used for many years before the advent of bitcoin. This is why moat of us have refused to continue patronising the banks to a large extent.
The banks manipulate us to a large extent.
Don't be too stupid because you didn't get it clear about what Andrew tate is talking, he referred the existing controlling system as matrix not the one we saw in the movies by Keanu Reeves which is kind of software, virtual reality and something.
Banks manipulate the majority of people and plays the majority of the role in their entire life simply because the system is designed in that way so if you're someone who doesn't want to be just another human has to understand the control and need a way to make money for example Andrew used his fame and speaking skills to monetize.
Banks manipulate the majority of people and plays the majority of the role in their entire life simply because the system is designed in that way so if you're someone who doesn't want to be just another human has to understand the control and need a way to make money for example Andrew used his fame and speaking skills to monetize.
It's difficult to make an assessment or statement about all banks and their practices, as each institution operates differently. However, it is true that some banks have been known to engage in practices that prioritize their own profits over the needs and interests of their customers. Some banks may offer products or services with hidden fees or unclear terms and conditions, which can be misleading for customers. Some banks have been criticized for their lending practices, which may disproportionately benefit certain groups over others. It's important for consumers to do their research and carefully read the fine print before signing up for any bank products or services.
What about bitcoins? It's also not as perfect as many are claiming. Recently, it also took me 2 days to complete a transaction when I sent some bitcoins to my friend. I have never had this happen before, at most, it took about 6 to 10 hours to complete the transaction, but this time, it took me almost 48 hours.
Issues with the fees? I suggest you keep the fees on the normal side when timing is your key, keep the fees low (cheap out on it) when the timing is not an issue/you can sleep over a few week for the transaction to confirm.This has nothing to do with the banks vs bitcoin argument, this is a design thing in the system of bitcoin and there are not we can offer to do except keep an eye on bitcoin transaction fees and place transactions accordingly. This system cannot be bypassed and it is what keep the network secure. Still it is better than nothing compared to what banks have given us.
Cheap and fast, without so many documentary requirements. I believe some people already are acknowledging such benefits.
However, the other side should also know how to deal with crypto so they won't be having problem as well.
If more and more people will discover such route, I guess, they will appreciate more the crypto market, and so further increase in demand.
But in some cases, we still need other banking services. Like handling of mortgages, time deposits and other financial services.
However, the other side should also know how to deal with crypto so they won't be having problem as well.
If more and more people will discover such route, I guess, they will appreciate more the crypto market, and so further increase in demand.
But in some cases, we still need other banking services. Like handling of mortgages, time deposits and other financial services.
It is difficult to abandon the usual state of affairs, those who are used to the banking system consider it an integral part of a comfortable existence, in addition, there are many people, and now they are the majority, for whom cryptocurrencies are something too risky to deal with them. Perhaps in the future something will change, but it seems to me that banks will start issuing loans in cryptocurrency sooner than the banking system will disappear from our lives.
no bank is matrix for example if you want to move 1 million $ to another country there you will see the level of bullshit from banks a lot of rich people complain about that I prefer to save my money in bitcoin because we ourselves control our money not your key not your coin and the bank is not open anytime but bitcoin is open 24 hours I think the bank is just a place to exchange our money that's all
just my personal assumption
For me the bank is just a temporary haven for my money before I withdraw it or transfer it to another place. Because personally I also don't really like to keep money in the bank for a long time, especially considering that banks are not open for 24 hours unless only ATM machines can be used by bank customers. But in general there are still certain limitations when using it and it can also have problems such as the slow network used by the bank and I have felt that before at my place.just my personal assumption
Nothing is 100% perfect, not even bitcoin. Many complain that the banking system does not work 24/7, and the transfer and withdrawal of money are slow due to the faulty network system. What about bitcoins? It's also not as perfect as many are claiming. Recently, it also took me 2 days to complete a transaction when I sent some bitcoins to my friend. I have never had this happen before, at most, it took about 6 to 10 hours to complete the transaction, but this time, it took me almost 48 hours. For me, this is not a big deal because sometimes things will have small glitches, no matter how good it is, it can't be perfect. Whether it's banking or bitcoin, there are pros and cons. Banks and bitcoin are useful things in our lives, and each has its own use case.
Once you open a bank account, you are required to deposit money. You won't be able to send them any money because the bank has already manipulated you. Especially when they already hold the money that you entrusted to them, because you can't simply release your money until you provide the requirements they need.
You have no control over the money you entrust to them, then when you bring in a large amount of money they will always accept it, but when you take out a large amount of your money from them they will ask you a lot of questions and requirements because they are the ones it's in control not you.
You have no control over the money you entrust to them, then when you bring in a large amount of money they will always accept it, but when you take out a large amount of your money from them they will ask you a lot of questions and requirements because they are the ones it's in control not you.
It's true that the workings of banks and the financial system can be complex and opaque, and it can be difficult for individuals to fully understand how these systems work and the impact they have on the economy and society as a whole. Additionally, government policies and regulations can also have a significant impact on the financial system, and taxpayers may ultimately bear some of the costs of these policies.
Banks are really benefiting from us directly or indirectly that is why they are always against us when they see that huge numbers of persons are subscribing to Crypto or something thaw will make us leave the banking sector for another sector. We just need to be wise if not we shall have nothing to wring home about because banks do use our money to borrow other people with big interest rate. Even with the rate at which banks are fighting us indirectly for us to put less interest into cryptocurrency market, we find out that banks are one of the major holders of Bitcoin.
no bank is matrix for example if you want to move 1 million $ to another country there you will see the level of bullshit from banks a lot of rich people complain about that I prefer to save my money in bitcoin because we ourselves control our money not your key not your coin and the bank is not open anytime but bitcoin is open 24 hours I think the bank is just a place to exchange our money that's all
just my personal assumption
When it comes to storing or transferring large amounts of money, Bitcoin is probably a better alternative to traditional banks since there is no paperwork or any other headache nor there are large fees no matter how much you are transferring, and on top of everything, you will not need to be answerable to anyone for doing that.just my personal assumption
A traditional payment institution would require you to provide proof, reasons, documents, and a lot of other things only to be able to move the money that you literally own, and that is really frustrating, to be honest.
Cheap and fast, without so many documentary requirements. I believe some people already are acknowledging such benefits.
However, the other side should also know how to deal with crypto so they won't be having problem as well.
If more and more people will discover such route, I guess, they will appreciate more the crypto market, and so further increase in demand.
But in some cases, we still need other banking services. Like handling of mortgages, time deposits and other financial services.
no bank is matrix for example if you want to move 1 million $ to another country there you will see the level of bullshit from banks a lot of rich people complain about that I prefer to save my money in bitcoin because we ourselves control our money not your key not your coin and the bank is not open anytime but bitcoin is open 24 hours I think the bank is just a place to exchange our money that's all
just my personal assumption
When it comes to storing or transferring large amounts of money, Bitcoin is probably a better alternative to traditional banks since there is no paperwork or any other headache nor there are large fees no matter how much you are transferring, and on top of everything, you will not need to be answerable to anyone for doing that.just my personal assumption
A traditional payment institution would require you to provide proof, reasons, documents, and a lot of other things only to be able to move the money that you literally own, and that is really frustrating, to be honest.
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