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

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.

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 .

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. 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.

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.

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).

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 ).

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.

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.

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.

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.

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.

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.

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)

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

These institutions are heavily centralized and really that strictly abiding governments laws and regulations and we do know on how they do function in overall economic situation but in general on how they do make money? of course on making those funds that they had stored out to be put up in use. They would really be lending out those money for more interest and to mind that those are simply depositors money
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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

I agree on this. You are right. The rich people do take loans from banks, but they use it in such a way that they never get mixed up with the matrix. They have the ability to pay back the loans in time without giving them the interest they charge over time. Also they use that money to make more money.
As long as you play the smart game, you can stay away from the system, thus stay away from the matrix. But the banks specifically target those who are unable to do that. They collect all the information and comes up with a scheme that will keep them with the matrix.

So yeah, you are pretty much fucked up if you have no plans on how to manage that money to make good use of it and spend it all on luxury.

Banks are the center of finance so that whatever the banks do will be difficult to prevent, they control the circulation of money and can regulate economic conditions to improve or worsen, of course with the support of the state which makes their role even more difficult to fight.

I believe Banks play very crucial role in financial system, by proving a range of services for economic activity and growth, such as payments, money transfer and credit facilities. It is also  important to note that manipulation is used as a tool in every kind of business and banks are not an exception. As a matter of fact manipulation has been a part of human society throughout the human history, and it not necessarily always a negative thing, it can also be used for positive purposes, such as marketing companies can use manipulation to promote environment friendly products.
We should always remember that we are not living in a perfect society and there are many areas which need improvement and we shroud contribute our efforts to address these issues.

Actually, these banks are really working under the government because they can't get any permits or continue their businesses if they don't follow the governments instructions. Simple as that! While banks may be private or government owned, that doesn't really matter, because in my perspective, it's just a disguise from the government to give them our precious money in the guise of safe keeping which is not really the reason why they want to lay their hands on our money.

I believe that even if that certain funds is under our name, we don't have any full control of it as long as we don't have it in our own hands. The moment we surrender our money for them to hold is also the moment where we lose our control over it.

A little bit of recommendation for you here is to go read the Fiat Standard and then, do sure we'll to read the Bitcoin Standard ,and then, compare between them both that which puts you more in  control, in power of your own hard earned money.
You'll be much grateful if you under the good deeds Nakamoto or whatever group he had did to help us GTFO of the Fiat system/ standard.

Banks are shit, ( Yes, we'll hsve to fall back to fait for day to day fait usage ) But then, they're all in these together together with those big big billionaires who doesn't give double f*cks bout how damned you're we'll be. Yes, Banks really manipulates us.

The month of  march was very excruciating one for most low class and average Nigerian who has no high scores with the banks, having money and not being able to spend it was so much hazardous. For once, I regretted being a goddamn Nigerian.
 You should really take your personal time to see the damages banks joint with the government has really done to frustrate us.

And even now that there is Bitcoin and cryptocurrency, banks still manipulating people and keep extorting their money. What actually can you do about it? It is not everybody that knows about Bitcoin and cryptocurrency. And those that know about Bitcoin and cryptocurrency does not use it very well as it is supposed to be. Even if you you use it very well, you still need to fall back to fiat in order to spend your money in the society that you find yourself. So the bank extortion and ill treatment will continue to be in as much as they are centralized and works in synergy with the government.

Banks have been into this kind of financial extortion for a long term because they feels that we have no alternative to financial freedom than in using them, they hike fees and charges, place ban ad restrictions on user accounts, track and reveal our private details to others and use them against us, the introduction of cryptocurrency with bitcoin had made things changed for good, people can now have financial freedom and exercise control over their finances  in the economy.

Banks have an important role in the economic financial system. They are where customers deposit money, lend money and conduct other financial transactions. Banks typically own large amounts of money and other financial assets, and can use them to invest or generate profits. These investment decisions can affect the stability of the economic and financial system and cause far-reaching effects. Investors also play an important role in the economic and financial system. They consume the products and services of businesses, create a money supply, and invest in other financial assets. The investment decisions of investors can also affect the financial supply and stability of the economic and financial system.

However, it is incorrect to accuse banks and investors of being the sole cause of the complexity of the economic and financial system. Various factors contribute to the complexity of the economic and financial system, including changes in technology, market structures, and complex regulatory requirements.

That's not the issue though, I hate banks as well but for a very legit reason and that's not really anything to do with me personally. I hate them because they take almost all the money in the world and store, if you remove all the money in the banks, and just keep the ones that are out of the banks, we would probably be left with less than 10% of the current circulation.

It means that banks are getting more money than they are giving, digitally you do have money on your account but without giving anyone anything they make a profit. They take your money, and your money could be cash, you can withdraw cash, you don't, you give it to them to earn interest, and then they loan it to bunch of different people, and not even give them the cash, they just give it digitally. So they just shift money around and make a profit, that's shady. If everyone around the world withdrew their money from banks, they would not be able to pay it, which makes banks a ponzi, nothing more.

Manipulation on the sense that they are lending out people money who had stored up and using up their service specially into those money that had been deposited. They do offer out some annual interest but those are just peanuts unlike on the interest that they are asking on the time that they would be granting up some loans specially on car loans which their annual is playing around 12% as far as i remember which is something that shit if we do really able to make ourselves that aware on how much we've been paying which is more than on what we do anticipate.

But the good side is, if you do make out some personal loan and if you do make out some investment then you could be able to grow it then thats really an advantage since you could really make out some hedge
and make out some benefits if you do really know on what you are doing but if you are taking up some loan for the sake of some leisure and some liability purchase then you are going to fuck
up yourself later on.

Banks does manipulate us, but in a way that they will always be the savior. We are not taught in any school or college how they do it to us, and we are fool enough to trust them, thus becoming a part of the whole system. Banks are just another element of the matrix system.
We are the ones who give them the opportunity to fool us because we have no knowledge about it. And they happily take that opportunity to manipulate us. The banking system is broken. They are still here because we are the one using them. They use targeted audience in order to use various offers and services to lend them more money and making them more in debt.
We can talk about this kind of scheme all day long. But to answer the question, yes, they do manipulate us and people who are still using them are the cause of that.

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.

All of these are ways for money to move about the economy as a whole, not just banks, which make up a small percentage of it. And when we generalize investors, they have other businesses to which they are related, either directly or through their investments in or connections with the banks, in addition to performing the role of an investor. The hard fact is that we cannot, and even if we did, it would not change the fact that elites or wealthy people would always be at the top of the food chain, alongside average and poor people, and that we are all consumers who fundamentally contribute more to society as a whole.

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.

I've watched a video about how banks work, and it can be said to be very terrible and only a few people know about it, and the burden is given to many people so some may not feel this awkwardness, but what is clear here is that we are told to pay what the government do today, of course we pay for it from taxes.

I feel there should be logic behind the same, a lot of things get started as hearsay and become full blown conspiracy theories while they are pretty simple in reality, but tough to explain to common folk. Unless you get a proof of something it is better to keep shut about it.

It only becomes an -ism if you are getting "consumed" by it. Focus on things you need and keep luxuries only the a minimum and that should reduce costs. It will not work for everyone and in every country, but it is worth exploring. Often one family member will try to do this while others dont and that becomes frustrating.

Or better not do any of that to be able to think rationally and logically and "weed out" the conspiracy theories.

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

many say yes banks do that, but they do it like using magic so anyone who listens will follow what they say, fortunately until now I have never followed what the bank said, maybe if I want to do business and need money I will borrow money from they.

Because maybe they are blaming banks for what economic hardship they are facing now and they think banks manipulate them that's why they came to that point. While the fact is if they could just use those credits given by the banks for sure they will never be in bad position and maybe gain something huge from it.

People need to realize the bright side about bank existence since they are there to help people to have capital on their business, but its just other people use their credits to buy their wants and that make their life hard especially if they can't pay all their debts anymore.

Well, well, well, looks like someone's been guzzling down conspiracy cocktails! Fact is, these schemes? They're to help folks, not to craft shady economies or fatten the rich. Blame the abusers, not the scheme. And about spending, ever heard of "consumerism"? We're swimming in a sea of ads screaming buy, buy, buy! It's not so easy to just zip the wallet. But hey, your cheap weed point? Spot on! Maybe some should splurge on a better, classier strain

It is true that banks play a significant role in our financial system, but to say that they manipulate us is a bit of a stretch. Banks provide valuable services such as loans, investments, and protection of our assets. However, it is also true that banks are profit-driven and seek to maximize their profits, which can sometimes lead to questionable practices.

As for the idea of a "matrix," it is a metaphorical concept that suggests we are living in a world controlled by powerful elites who manipulate our thoughts and actions for their own benefit. While there may be some truth to this idea, it is important to be critical of such claims and consider both the pros and cons of our financial system. Ultimately, it is up to us as individuals to educate ourselves and make informed decisions about our finances.


If I'm not mistaken The concept of the "matrix" refers to the idea that there is a system in place that controls and manipulates people for the benefit of those in power. In this context, banks are often accused of being a part of the matrix because they are seen as a centralizing force that controls the flow of money and perpetuates capitalism.

Investors are often seen as the ones behind this matrix because they are the ones who hold the most wealth and power in the financial system. They are seen as the ones who benefit the most from the status quo and have the most to lose if the system is changed. However, it's important to note that not all investors are a part of this perceived matrix and many individuals and organizations are working to create a more equitable and decentralized financial system.

I think banks are obviously manipulating their customers through credit schemes and cards themselves. They sometimes offer extra money options but most of them involves spending money anyways so they wanna influence your spending behaviors a lot. They also enjoy when you use their credit cards and generally offer extra benefits like expanded credit opportunities so you will stick to their bank. I think consumption side of this is different, its also manipulative but not exactly about banking system.

Schemes are made to help people in the first place, its not their fault that some sub-economies come up from that scheme in order for some more people to profit like mortgage and associated housing market.

I dont understand why you are linking spending of money with banks - spending is your own choice, be it through a bank or through crypto. If you dont spend you dont get into the problem you speak of.

You can only get manipulated if you take the step, meaning the choice is yours to make. You could live on a simple TV or a simple car and avoid buying expensive clothes if you want to.

If you put your tinfoil hat on, and think in the terms that everything is this world is created to harm you, then obviously it seems that way. You need to stop taking that cheap weed mate.

Discussions about conspiracy theories related to banks will have to wait for another day. However, it is widely acknowledged that many countries support banks because of the benefits that governments derive from them. Bank policies and funds acquired from citizens are often heavily influenced, and the interest rates presented to customers are portrayed as reasonable. It's important to take into account the ways in which citizens are exploited, such as in the realms of healthcare insurance and housing, and how payment for these services is channeled through financial systems.

If we talk literally, once we put money in the bank, we no longer have the right to control it to pull out all the money we deposited in it, especially if it is a large amount. We know that a bank demands a lot of requirements from the depositor as they are the only ones we can trust to handle the money we have.
And when they hold our money, what the bank often does is lend or lend our money to their qualified customers, which they charge a large interest. and apart from lending, they also use our money in investment that they think will have a big profit and so on. So I believe they really have the manipulation.

In general, banks transformed from financial companies to the most accurate data gatherers in the world. The amount of information about every single person that banks have overcomes that of any other information-acquiring structure. So now what they do is not merely financial processing (investments, credits and so on), but general control over societies worldwide, which they perform by collecting and analizing data (detailed information on transactions and accounts). The lifestyle they promote by offering credits for luxury is also the way to manipulate people.

A lot of smart people have warned us of consumerism, Palanhiuk, Carlin, Marx, Huxley, Baudrillard to name a few, that's why I said that we should change the one's at the top, when new people are in charge, the system will adapt to what they mold it into so if you have corrupt neo-oligarch puppet masters behind the scenes, then you would get what they want the world to be but it's a big task and we need lots of intellectuals to do what's necessary.

That's why we need to change the people who runs the system, when change is apparent, the masses will follow soon, idk whether you like it or not but, the masses is a sheep, they will go with the flow. Regarding forced obsoletion, the easiest solution is for someone to step up and make the change. It's difficult to do it with technology though since progress is fast, the current technology needs to adapt really fast.

In this life, there are some set of people that only hate what they can't afford, this is a fact, why will someone work hard in their life and not enjoy the fruits of their labor? You can do what you like mate, you ain't going to live twice.

Do you know that banks lend money to the rich because they know they can use their property as collateral in order to secure loans? The banks you are speaking of invest in stocks, buy properties, and so on.

The banks don't care about anything, they will gladly seize properties in the event of a disaster.

It's why I don't use debt to make any foundations, I don't like taking loans for building anything, I would rather work hard and use my hard earned money to build.

Literally humans must be controlled to guard against immorality in the social and economic sphere and rules are a tool to control humans from various deviant behaviors meaning that freedom in this view is bad, but what is in banking flows to several parties who benefit from it. the banking system that has been made, and the matrix, if used properly, will be very good in terms of output, but what we feel and notice is that there is a lot of real manipulation in banking which leads to human control to continue to pay and pay to them and those who The sad thing is that the data they get from customers is traded to make more profits, Stashi brings freedom and brings awareness of the importance of control in finance and that cannot be intervened by third parties.

If you're using a commercial bank for long and have nothing to complain about them, then i think you probably don't know what you're missing out already, the need that arises when there's much discomfort on centralized financial institutions is their high cost of cross boarder transactions fees, transaction duration or delay, kyc and many restrictions that comes in through the use of a commercial bank, this has been solved althrough ever since the introduction of cryptocurrency a d people begin to seek for a rescue through it, and all they want is the freedom in finances.

Banks doesn't manipulate us at all they are offering you a loan or account or investment scheme and it's your choice to accept or reject. However rich people know how to play with the money and bank is just one of their tools, they can take loan from a bank and invest the money on their stocks itself and repay loan and end up in profits with no difficult work and anyone can do that if they understand how it works but mostly people need a secured income so called a job and stick with it forever.

Greed and contentment makes these banks and corporations to extort their customers of their savings. The truth is that we all need the bank to circulate money and to keep our money safe, but the banks has seen it an an opportunity to make profit from our savings and still be unfair to us because they are backed up by the government. The banks will come in disguise as if they are ready to help you by offering you a loan,mate if you fall for it,you have fallen for their trap.

I believe more people have seen the banks dubious pattern which they operate.This is the reason why bitcoin adoption is increasing everyday by day. Soon banks will be left with advanced age customers due to the devaluation in fiat nature,the youths will embrace bitcoin as their only option because everyone is sick and tired with banks and their system.

The issue isn’t with the banks but it poor financial literacy. Hence why you got people buying $1000 car notes or people buying their pizza and financing it with those “buy now pay later” programs.

Americans are known for living in debt and they have for years, it’s the dream pretty much as some would say. And as long as you have a job you should be fine. The trouble starts if there is unemployment and then it can get bad for many people.

In a way, the banks are manipulating you because they are trying to make you deposit your money in order for them to use and make some money themselves. They are good at it, and if not they wouldn't be able to afford those loans in the first place. Idk what you're talking about the matrix, as it's been loosely used nowadays for a lot of scenarios by tinfoil hat-wearing people, but if it's about the system that is installed in the world governments plus the powers-that-be that controls it then yes, the banks are under those. They wouldn't be as big as they are if there aren't any protectors on their schemes.

The banks aren't lying when they say they're helping us secure our money but where they're manipulating us is when the advise us to invest with them for a good profits. Banks profits are cents and nothing compared to the potential out in the world when you invest yourself. Banks make a profits off our money kept with them, they lend it out and get huge returns.

They advertise themselves as the best platform to use so they can have control over our money. Without us banks won't be in function and they need our money to keeping their business alive, which is why they do everything possible to have control over our money.

The world is governed by a system to ensure order and prevent chaos, the people at the top make all the decisions and the rest of us have to deal with it. There is nothing you can do to change the banking system, Satoshi came up with a brilliant solution and that’s Bitcoin. I think the Matrix as you put it represents control, a construct designed to keep people in check. I believe if you want to escape the matrix and have total freedom to make your own choices, you will have to minimize or completely cutoff your dependence on the government institutions.

Good point and I support all the ideas in your comment as a whole. We cannot blame the banks because they support spending, as they are not responsible for the consumer decisions of individuals. The rise in consumption rates is mainly linked to the improvement in the income levels of individuals and the extent to which they are affected by calls for more consumption.
However, I would like to point out that it is permissible to discuss the consumer system as a social and economic phenomenon at least, which allows it to be criticized from different angles. Capitalism created societies with a consumer culture using propaganda and with the support of banks to facilitate spending. If this is a system of deception, then the banks certainly contribute to it.

Lol 

In a way they do. But not in matrix-wy ways as you think it is. Although it kind of borders along that ballpark too. Anyway. The banks' in charge of creating more wealth for the people in rhe upper echelon. That is why they have people take out loans, and then lower the interest rates to further entice them into taking that loan for whatever purpose they would use the money for. And then from there, the magic begins. Money is made, and people are already paying the rich.

They also could control inflation by withholding the creation of new wealth. For one. They can jack interest rates as high or as low as they please.

Banks manipulate our minds in a way of encouraging us to save our money with them and make use of it to earn profit through loans.
We can really think that they are helping us to keep our money safe while giving us a few percentage returns but the real thing that happens is that they become progressive and grow because of our money.

Perhaps, they are in business and runs by rich people which have a brilliant idea believing that these workers will follow the system. Make deposits, take loans for luxury, for business, and yes, they really manipulate our minds.

Banks are businesses who aims to get more profit by using the funds of their account owner, they have controls over you money and I think its not manipulation because in the first place you gave your money to them and when it comes to taking loans, it will always depend on you if you will ask for it or not at all. Well, banks are banks and you cannot expect them to be more ok with you if they think they will get nothing from you and this is the reality that we should accept. It is good now that crypto gives financial access to those who can’t have a bank account because of insufficient documents, crypto is a life saver technology that everybody can enjoy.

Do you think we've reached the limit of our economic growth then? I don't think so. Loans are fine as long as you don't lend what you don't have.

Capitalism does not mean fractional reserve banking and quantitative easing. These terms were coined in capitalism, but not before it. We can have economic freedom and industrialization without money printing, high inflation and insider trading. They want us to play their game and stay poor and the only way is to opt out of the game, refuse to play. Choose bitcoin!

They have no limits. They're pushing the boundaries to see how far they can go before someone notices. It's all a part of our human nature, like that guy who found a loophole in the ATM system and kept withdrawing. He had a lot of money already, but kept going to the ATM every day to get more and more. Even when you're getting something for free and with ease, you're going to want more and more of it, you're going to keep taking. That's what the banks are doing. They used to offer fair rates, like 3% on your deposit when the inflation was 5%. Now when you have 8% inflation, they're offering you 4%. They're pushing you to see where your limit is. Governments are doing the same thing by taxing you on everything you do to see when you push back. There's a tax on owning a property, using electricity, water, sewage, everything is taxed on top of the prices per unit. This means that if a power company demands you to pay $100 for whatever you've used that month you can expect that your real bill is $90 and $10 is tax. The government wants a piece of every single deal that you make. It taxes the food you eat, shit you make, water you use to wash your butt...

Banks are just part of it and they're all tools for the money to flow in the entire economy. And when we generalize investors, they're not just playing the role of being an investor but they've got some other businesses that they're attaching through the investments that they have or through having the direct connection with the banks. And there's the reality that we can't and even it gets twisted, the fact will remain that there will be people that are on the top of the chain which are the elites or rich people, the average and poor people and all of us are consumers and basically the ones that gives more to the society with our contribution as being part of the whole chain of this society.

The whole system is the matrix, and banks have an essential role in all of that. Simply because:


And banks control the money and how money flows. As long as they are able to do what they do now we can't expect this world to change.

When it comes to manipulation, the ones with money can manipulate the odds in their favor, one way or another. And I am sure that we all know that there is too much manipulation on the global stage, and banks help with that, more or less.

In my personal point of view, one of the biggest challenges of the system we have nowadays in the most of the economies is the fact growth is related to the consume and the ability the population has to continue to consume.

That is why the technology goes so fast and the products become more and more sophisticated each couple of years that pass, the businesses wants us to change our phones, computers, vehicles, etc; for replacements which they promise to be better (and they are) but still both the old model and the new one accomplish the same objectives very well. If the people do not spend, there is no incentive for them to innovate and without innovation, people do not feel attracted to spend. Now they want to introduce the automation and the cut on human personnel to the equation to maximize the profits, sacrificing part of the ability people can to spend.

This is true and it happens in all countries that the banking system never has its own money. They only run customer money lending it to other customers. Bubbles occur and it's not surprising when there are cases where customers make large-scale withdrawals while the bank is simultaneously collapsing. For example, in Lebanon, the collapse of a bank became a problem that needed attention, when customers demanded to take their investments, a crisis occurred. Banks cannot meet demand on a large scale and if it is done simultaneously in all banks then they are destroyed. For this reason, with awareness of investing in assets that are in our control, Bitcoin is the solution. No one will take your assets other than yourself. Bitcoin has been warning for years how dangerous fiat money can be.

The real problem isn't the system, it can easily be fixed but the people behind the curtains that pulls the strings don't want to fix the system and so we are stuck in this dystopian reality of work, eat, sleep cycle while they are making all the decisions for us and how we should live our life. I can agree that economy growth isn't perpetual but if we reach peak sustainability, growth might become perpetual. Don't aim at the institution, aim for the ones that benefits from it the most when it's destroyed and rebuilt.

Yes, they do. We only have to realize that the banks are lending to their users their users' own money. And that comes with interest. The banks are also investing their users' money and grow rich from it.

The depositors are also charged for entrusting their own money to the banks, which the banks, in turn, risk to make profit. The banks are also imposing fees if the depositors are withdrawing their very own money. Sometimes, they even refuse to give the money to their owners. And when the money kept by the depositors are running out, they even charge another fee for it, and even freeze the accounts if there is no activity.

I was offered for a loan by my bank. The reason is simply that I have a good amount of deposit in it. I told the manager I don't need money. She told me, you can have it as additional savings. Months and years passed and my account is almost drained out. There's no more offer of a loan.

Capitalism wants consumers. More consumers, who keep consuming more and more. Consumers, who get in debt in order to buy stuff they don't need. More consumption means more profits for the banks and corporations. More loans and more debt for the consumers means more profits for the lenders. This is the matrix we live in. Is it necessarily bad? Maybe. It has pros and cons. The pedestalization of making money and greed is one of the flaws of capitalism, if you ask me. The economy cannot keep growing forever. There are limitations to the economic growth.

Noted sir, you are totally right about it's a propaganda from the ones who can not afford it. What we need for living is we definitely go for it regardless of any concept of matrix. And in the last is that a slogan of this forum or what, i really like it though.

Yes, having high followings and if you are an influential person then i think you also controlled by matrix because i have seen, many influential people of their respected fields lets say of motivation, gym, and finances most of them talk about unnecessary things so that you guyz could stuck at the beginning. Overall, i do not think it should be wise to talk about such things openly and saying that it's up to us to join them or not because in simple words we have been left no choice other than depending on them.

Nah, that's not how it would went if these influential are there manipulating us. It's like a greed of power that each person (influential one ones to hold for longer period of time and i do not know how this thing could be real. We are manipulated from the early state take an example, of my place. We have been using only windows operating system from the origin like i didn't even know there is more OS there other than Windows why? Because windows has made its efforts to make the availability of its OS free in our region so we only go for it, its been 15 years of me that i am so dependent on these OS and cannot use any other one. Why? Is it also a manipulation maybe they just want to grow their business and we are taking it wrong like they did it on purpose to restrict us to only one OS so we could not grow in different sectors of life by learning development in that OS.

Maybe i think it's just a way of perception.

It is crazy when you realized you have been fooled all the while, make you fuming inside with fire, I'm seriously shocked by the magnitude of manipulation the elite has been pulling. However it is also important to note, without manipulation, we would be living the wild animal life. Where street shitting, outlaw are common, just like the cowboy age.

One thing, just to show how out of touch this is, plasma TVs have been dead for a decade, and nobody is making them anymore.
Second, when someone classifies stuff as "unnecessary" it makes them sound like some commie who will decide all by himself how much people are allowed to consume and how often. 10 liters of gas a month, waiting in line a year for a fridge, only 500 grams of meat per person per week, and only one kilo of oranges on Christmas day. Anything more than that is evil capitalism that will make your soul burn in hell comrade!

So how about we stop with the matrix and that wanna-be pimp of yours and simply let people spend as they see fit and if they want to buy a tinfoil hat be it, if they don't and they want to buy the nicest car they can afford because you only live once then let them! All this hate against spending is just commie propaganda from the ones that can't afford it, stick with arranging your own life before deciding how others should live, and remember where we are, bitcointalk!
My keys, my decision what I do with my coins!


Price of what?

It's mean, everything i said is true, investors and big financial icons also want to control us like in matrix. But why? And from when this all started? Because according to me we are working day to night from the origin of humanity.

Like, this is not a new thing, then why people like tate brothers, jordan peterson, joe rogan, hamza ahmad, iman Gadazhi and david Goggins are make the existence of matrix prominent and convincing us\peoples to work harder and think outside of the box.

Maybe because, we are stuck in a cycle of work. Like 5 to 5 job, less holidays, no fun, pressure to achieve targets. But what i think is, we are taking them wrong because if we do what we love we will feel no pressure and we will grow. Then people in the growing zone, do they also care about matrix. Because if it really exists then that's not good for overall, countries manipulated by matrix.

banks are not the matrix. the whole system is, I believe. Banks are considered a part of the system because you can easily control people by the use of money (greed/ fear), and no institution can control and circulate money other than central banks.  Investors are behind all this for a simple reasons, that their large funds, means billions of dollars kept on banks. Once they put in or out, it would cause a large gap or fluctuations in price. One more thing. The money that doesn't exist but you can use. The all known generational debt. It is all controllable by the banks.

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?