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Topic: Fiat Banks Conspiracy Against Customers. Bitcoin is the Best Option - page 2. (Read 900 times)

sr. member
Activity: 1274
Merit: 259
If we look back, maybe Satoshi Nakamoto created Bitcoin with the aim that everyone does not depend on the bank with their paper money, does not have to queue at ATMs or wait for banks to open, but people do not realize this, they prefer to obey banks and money lords. paper with all its troubles,
legendary
Activity: 1022
Merit: 1341

Made up story to catch a few merits?

Good, then lets' hear the details
What bank, what location, so we can go there ourselves and check if the ATMs are really closed.  Grin


Jesus Christ of Nigeria! So any thread that is created to give information became merit hunting thread? Wow!!!  This is very much interesting...Please I am on my knees to beg you to come to the locations or if you can not come send someone to come. The banks names are: Access Bank PLC, United Bank of Africa, Zenith Bank PLC, Sterling Bank PLC, all these banks are located at Amarata, Bayelsa State, Nigeria. Access Bank also has a branch at Agudama Epie community which is closer to me. These Banks ATMs Open by 8am. Please I want you to create a thread like Bitstar_coin who accused me of giving false information. I am very much happy that you are coming to the location to see things by yourself and give the forum your version of the story. Whether I gave false information or not. At least, I am expecting your thread next week.

Gmaps link? I'm really curious why you're asking people to see "the reality" with their own eyes but you don't provide any info.
Not even the name of the bank, which is a bit weird.



I have provided everything you needed above. I am more curious for your visit. Even though you did not inform when you have arrived, I will know it from the thread you will create. I'v never and ever gave and will false information.

hero member
Activity: 2660
Merit: 651
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Africa, Euro, and the US bank or not. All fiat banks conspire against their customers at some point because almost all their services are scams, created for selfish gain, and what most people don't know is that fiat banks are not meant for saving funds, they are meant for doing online transactions which I believe Bitcoin has taken over the area. Besides, this is what most Billionaires and Millionaires understood when they choose to invest their funds rather than having them sitting in the bank.
This is the reason why it is hard for them to support Bitcoin
I always refer to my bank account as a bus stop for my money and not a destination, for goodness sake why should I store my money in the bank where my freedom and access t that money limit, whereas I can store my money in Bitcoin that I can generate interest on my saving and also have total control of y money that is to say I can move my Bitcoin whenever I want without any third party involvement.
I believed you see your banks as the bus stop for your funds, not destination because you fully understand the way financial institutions operate and the benefit of making your funds work for you but there is still crypto enthusiast that still misunderstands how they ought to banks for a transaction, not for saving this is the reason why I make the above statement and I hope it helps someone that read it.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun

After I've answered honestly believing your story, I find out now that all this is most probably fabricated using images from 2020 and the pandemic??
See: False Info : Fiat Banks Conspiracy Against Customers. Bitcoin is the Best Option

What you say about this?

Made up story to catch a few merits?

According to a saying, "what happened to someone does not affect others" and also "experience is the best teacher". The images presented the banks I went to withdraw the cash. They are models to the banks. I still insist very strongly that the story which I presented here yesterday was real. Those who are saying that ATM opens before 8:am should come to my locality and see by yourself. I will not argue with you.

NeuroticFish I have never and will never fabricate story. If because of the pictures you said the story is fake. The images are models to the information.

Good, then lets' hear the details
What bank, what location, so we can go there ourselves and check if the ATMs are really closed.  Grin

Now the worst of it all. ATM is no longer 24/7 hours. The closest ATM point in my locality closes 8pm and reopens 8am. The reason is best known to them.

Gmaps link? I'm really curious why you're asking people to see "the reality" with their own eyes but you don't provide any info.
Not even the name of the bank, which is a bit weird.

Even though Banks are own by individuals, Banks are capable of providing customer friendly services, there are some time you visit banks and see the crowd all over every corner of the banking hall and when you see the cashiers and customer service attendance, they are just few, sometimes either two  or third that are attending to more than two or three hundred customers. That made me to make on a research in my school days. And I found out that, They are using that method to reduce cost. They don't want to buy more machines and employ workers to dispatch the crowd.

Doesn't make sense, rather than having to employ people they can easily add another ATM, those are way cheaper than any worker, even if we talk about well below average wages.

However, the fact the ATMs are not working 24/7 is unexplainable for me. That part I simply fail to understand. One thing would be they don't replenish them often enough (lack of personnel), but.. are they saving energy, or are they so afraid of thieves?! (the costs are imho small, so cost cutting alone doesn't explain that)

Never heard of such a thing in my life, I know of special ATMs that are meant for all the possible transactions including deposits and currency exchange to be locked inside the bank and only available at banking ours, but normal ATMs with a schedule? No way!
legendary
Activity: 3668
Merit: 6382
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Banks are capable of providing customer friendly services [...] They are using that method to reduce cost. They don't want to buy more machines and employ workers to dispatch the crowd.

I've said from start that all this is about cutting costs.
Now, the 24/7 ATMs usually brings them good benefit vs cost ratio, unless the number of ATM heists is big.
There may be however another reason for this, read below.

The new approach is that, if you want to withdraw cash in the banking hall, they won't allow you to withdraw you own money if it is below $80 to $100.

I think that they may "skip a step" and try to move in the direction Europe is moving.
In Europe they started reducing the number of employees and convince people use online banking an ATMs. Of course, in order to be able to do all operations, from paying bills to depositing money, they need a different, more complex (and probably more expensive) type of ATMs. Maybe, just maybe, that's (also) why the number of ATMs is low (and if I'm right, the numbers will rise).

However, the fact the ATMs are not working 24/7 is unexplainable for me. That part I simply fail to understand. One thing would be they don't replenish them often enough (lack of personnel), but.. are they saving energy, or are they so afraid of thieves?! (the costs are imho small, so cost cutting alone doesn't explain that)
legendary
Activity: 1022
Merit: 1341

However, let's get back to the actual topic: banks are private businesses. They have a predatory mentality and will go for their sole interest if they're allowed.
Since politics is slow and tricky solution, Bitcoin remains the proper option, clearly.

And I was just thinking... Africa also has smart people, Africa must also have smart programmers; while people don't tell their nationality in most cases, I have a feeling Africa is under-represented as developers for bitcoin tools. Am I wrong?

Even though Banks are own by individuals, Banks are capable of providing customer friendly services, there are some time you visit banks and see the crowd all over every corner of the banking hall and when you see the cashiers and customer service attendance, they are just few, sometimes either two  or third that are attending to more than two or three hundred customers. That made me to make on a research in my school days. And I found out that, They are using that method to reduce cost. They don't want to buy more machines and employ workers to dispatch the crowd. Now they have extended this method to ATM machine. The new approach is that, if you want to withdraw cash in the banking hall, they won't allow you to withdraw you own money if it is below $80 to $100. Instead they would referred you to their ATM Machine to do that, so that they can charged you from sms fees, card maintenance fees of $1 to $2. And that making the ATM point more crowded.

Now the worst of it all. ATM is no longer 24/7 hours. The closest ATM point in my locality closes 8pm and reopens 8am. The reason is best known to them.
legendary
Activity: 3668
Merit: 6382
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In a country where everyone is trying to enrich their generation, where an average person called leaders been corrupt but ones giving a slight opportunity they do worse, where do you think the hope lies?

My country is not far from that either. But, 25 years ago for example, it was much worse.

It takes years to get things right

Yep, many years.

Africa is facing backwardness in fighting corruption, religious difference, nepotism and Self-interest

It's not something specific to Africa. Same goes on in Eastern Europe too. So you're not telling me anything new. This still happens here too.

and it has killed the political interest in me totally

This is exactly what the bad politicians want: kill the interest in the smart people so the dumb masses keep voting for them. One solution is to disrupt the system with new political parties, with better goals than only getting rich. But that too has more chances for failure than success. As I said from the start, all this goes painfully slow and there are (far too) many disappointments.

---
However, let's get back to the actual topic: banks are private businesses. They have a predatory mentality and will go for their sole interest if they're allowed.
Since politics is slow and tricky solution, Bitcoin remains the proper option, clearly.

And I was just thinking... Africa also has smart people, Africa must also have smart programmers; while people don't tell their nationality in most cases, I have a feeling Africa is under-represented as developers for bitcoin tools. Am I wrong?
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
The quick fix is bitcoin. The long term fix that also has to be done is be more careful what you vote for next time.

Have you forgotten Politicians? They can sweet talk and promise heaven on earth but we all know what comes after, it is there in every country.

I haven't. That's the vote I was talking about. Voting more carefully has the potential to get the country on the right track, just it can take many years and many disappointments.

Maybe in some other countries where things are working. In a country where everyone is trying to enrich their generation, where an average person called leaders been corrupt but ones giving a slight opportunity they do worse, where do you think the hope lies?
It takes years to get things right but I just think where there are too different ethnics difference might be so difficult, this is where Africa is facing backwardness in fighting corruption, religious difference, nepotism and Self-interest. In my country, We just have another 8 years wasted after lifting the hopes of many and it has killed the political interest in me totally, they are the same thing that keeps reminiscing the same promises.

You should come to see how dip the foreign reserves have destroyed the local currency, bitcoin has been the way for the youths to fight our lives till things get better if there is anything like that in the future.
legendary
Activity: 2814
Merit: 1192
You're completely right about banks being vulnerable and not caring about customers. They think their services are a must for everyone. That you cannot survive without a bank and the government supports that by making sure all registered businesses have bank accounts so that they can be monitored and taxed accordingly.
Banks conspire against the people but they do it with consent of the governments who want to eliminate fiat money. It looks like one big conspiracy theory but their actions speak for themselves. I advise you to read what's going on in Sweden.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
Africa, Euro, and the US bank or not. All fiat banks conspire against their customers at some point because almost all their services are scams, created for selfish gain, and what most people don't know is that fiat banks are not meant for saving funds, they are meant for doing online transactions which I believe Bitcoin has taken over the area. Besides, this is what most Billionaires and Millionaires understood when they choose to invest their funds rather than having them sitting in the bank.
This is the reason why it is hard for them to support Bitcoin
I always refer to my bank account as a bus stop for my money and not a destination, for goodness sake why should I store my money in the bank where my freedom and access t that money limit, whereas I can store my money in Bitcoin that I can generate interest on my saving and also have total control of y money that is to say I can move my Bitcoin whenever I want without any third party involvement.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Africa, Euro, and the US bank or not. All fiat banks conspire against their customers at some point because almost all their services are scams, created for selfish gain, and what most people don't know is that fiat banks are not meant for saving funds, they are meant for doing online transactions which I believe Bitcoin has taken over the area. Besides, this is what most Billionaires and Millionaires understood when they choose to invest their funds rather than having them sitting in the bank.
This is the reason why it is hard for them to totally support Bitcoin
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
I have never and will never fabricate story. If because of the pictures you said the story is fake. The images are models to the information.

The most problematic image have shown the queue of people waiting, which may or may not have been happening in your case.
However, I do hope you're telling the truth, at least in the text you wrote.

Next time, you better post your own images (nowadays everybody has a smartphone and it's not hard to make a few pictures if you really want to) or live without them, instead of using others' images which, as you've seen, may easily come with extra troubles (even if you are not lying, this can be seen as plagiarism now).
legendary
Activity: 1022
Merit: 1341
Hihihi, and that's what OP's doing.
Quit ironic, his previous message just before this one looks like this:

My suggestion is that, if your country has banned bitcoin and you are interested to use bitcoin, it is very simple. Just go to Binance, Remitano or any other web or app that vendors are buying and selling BTC.

Unfortunately, he is not the only one, many criticize banks, and at the same time support crypto banks, which are far behind traditional banks in terms of securing the user's funds, at least when the insurance of savings deposits by the state is in question. I hope that some of those who think in the wrong way, at least on this forum, will be directed to the right path.




After I've answered honestly believing your story, I find out now that all this is most probably fabricated using images from 2020 and the pandemic??
See: False Info : Fiat Banks Conspiracy Against Customers. Bitcoin is the Best Option

What you say about this?

Nice catch - I thought I'd seen those pics somewhere too, but didn't bother to find them. It seems that the OP made up the story, which is really sad considering that he was one of the members who showed potential.

According to a saying, "what happened to someone does not affect others" and also "experience is the best teacher". The images presented the banks I went to withdraw the cash. They are models to the banks. I still insist very strongly that the story which I presented here yesterday was real. Those who are saying that ATM opens before 8:am should come to my locality and see by yourself. I will not argue with you.

NeuroticFish I have never and will never fabricate story. If because of the pictures you said the story is fake. The images are models to the information.
sr. member
Activity: 672
Merit: 273
This is exactly the way that people find out that they need to abandon banks and adopt Bitcoin instead. Banks are a dying breed, just like VCRs or floppy disks. There is absolutely no need for banks with cryptocurrency. Bitcoin can give people everything that Banks can give them. Except it does not charge hidden/any holding fees and nobody can freeze/take over your money with Bitcoin. This is true independence. True freedom.
Bitcoin is the best alternative to banks as there have been a lot of setbacks in the banking sector due to centralization which is an act of politicians that controls the government, corruption has also played a huge role in these challenges to banks.

But I won't say the bank should be written off in totality as that will never happen and Bitcoin is not designed to take over or replace the bank but Bitcoin is meant to be an alternative to the bank and Bitcoin need the banking system for its transaction and exchange for payment of good and services in the real life because not everyone knows what Bitcoin is.
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
How long until everyone in the world understands this?
They've known this for a long time, but you should know that there weren't many alternatives before bitcoin existed other than gold or other equivalent means of payment. The bank has helped us with its services (we have to admit it), but over time the bank has lost the trust of its customers as customers have started to have other alternative payment options including bitcoin or some well-known altcoins.

If we disagree with a bank because they are no longer trustworthy, then we should no longer use their services. While we complain but our daily financial transaction needs are still dependent on the bank, it is something that does not make sense. Avoid banks if we no longer believe in the way they serve customers, they are centralized and that will not change.
hero member
Activity: 952
Merit: 555
Fiat banks inscriptions says they have 24/7 services to their customers mostly in E-banking

The annoying of it all is their poor providing services, i believe an accurate interpretation of 24/7 service should be when there will be no barrier to performing the use of their services all through the 24 ours of each day, bit it is obvious that the  centralized financial institutions have failed already in delivery of this, starting from their e-banking service, lot of customers have been finding it challenging to perform a transaction with poor network of the banking system, the physical ATMs don't have cash to dispense 247 except in developed countries maybe, you queue up to waste your time, lot of challenges were encountered in using these commercial banks and the only best alternative is to embrace the decentralized network of digital currency with bitcoin and remain secured with your coins in the wallet where you have the private unlocking keys in your disposal.
legendary
Activity: 3234
Merit: 5637
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Hihihi, and that's what OP's doing.
Quit ironic, his previous message just before this one looks like this:

My suggestion is that, if your country has banned bitcoin and you are interested to use bitcoin, it is very simple. Just go to Binance, Remitano or any other web or app that vendors are buying and selling BTC.

Unfortunately, he is not the only one, many criticize banks, and at the same time support crypto banks, which are far behind traditional banks in terms of securing the user's funds, at least when the insurance of savings deposits by the state is in question. I hope that some of those who think in the wrong way, at least on this forum, will be directed to the right path.




After I've answered honestly believing your story, I find out now that all this is most probably fabricated using images from 2020 and the pandemic??
See: False Info : Fiat Banks Conspiracy Against Customers. Bitcoin is the Best Option

What you say about this?

Nice catch - I thought I'd seen those pics somewhere too, but didn't bother to find them. It seems that the OP made up the story, which is really sad considering that he was one of the members who showed potential.
full member
Activity: 1512
Merit: 115


Fiat banks inscriptions says they have 24/7 services to their customers mostly in E-banking. But I came to realized that Africans' Banks promises became Africans Leaders (Politicians) Blueprints (Manifestos).

How I discovered it

I was out of cash yesterday in my house and it was night already so I said I would go to a bank ATM Machine this early morning which is today. And I left home early as possible by 6:00pm  so I can meet to my working place to attend my customers on time and I have done it before but ironically today when I reached the Bank ATM it was locked and I went to another bank the same things, I paid transport to another communities to check if theirs are dispensing cash all the same. So I wanted for about 2hrs and by 8:00pm which is the official time for Banks to open for day was the time ATM Machines (all) opened and started dispensing cash. When I came my neighbors told me I have loss a number of customers today. There was a crowd of people waiting to collect money that belongs to them but the bank restricted them to take their money on their will. Some people were even saying that they will sue their Banks in court to know why they can't take their bown money on their willing time to spend.
My thoughts on the Fiat Banks

All these nonsense happened because banks are centralized service agents whereby it control by the central authorities (either the president or the central bank). Bank managers can not do things on their own but they acted on instructions


My thoughts on the Bitcoin
All these nonsense can never happened in bitcoin space. Really I don't think such thing will happen in crypto ecosystem. Since bitcoin uses p2p, I can use my fund at anytime. The only thing that can hinder my transaction is network.



There is always someone to make transaction on bitcoin. Bitcoin is the best option for transaction of goods and services


I hear your intended argument and that cannot be over emphasis about Bitcoin but I just saw this post, https://bitcointalksearch.org/topic/false-info-fiat-banks-conspiracy-against-customers-bitcoin-is-the-best-option-5412825 where you have just been called out on using wrong information for this representation. I purposely removed the last two images but for the ones, the first image was not taken recently as you can read from the linked post. Yes as we all know banks open 8:am but this does not mean you cannot use the ATMs in most banks before 8:am even within the premises and we know when issues of long queues happen as in that post, during the Covid-19, during festivities, Christmas, Eids and sometimes month ends when salaries are paid.  
I really wish we could use Bitcoin in every shop we go to today but we all know that this is not the case hence your need to use the Bank which is still important at the moment and might continue to be for a long time.


legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!

After I've answered honestly believing your story, I find out now that all this is most probably fabricated using images from 2020 and the pandemic??
See: False Info : Fiat Banks Conspiracy Against Customers. Bitcoin is the Best Option

What you say about this?
sr. member
Activity: 910
Merit: 430
Get $2100 deposit bonuses & 60 FS
when talking about the bank, there will be many complaints from customers. sometimes I even think they are short of employees there. because I'm tired of going to the bank. there are always a lot of queues when I want to consult with customer service from the bank. waiting for our queue number to be called could take hours. and it's really time and mental drain. so I now prefer to transact with bitcoin. whether it's remittances. or deposit on the internet.
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