Matthew 7:12 - Whatever they do to you, you shall also do to them

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: Snarks on March 17, 2018, 08:32:10 PM

I don't believe for a minute governments and banks are protecting the common man.

Sometimes when you look at the circumstances around the society especially in the underdeveloped counties, one can just jump into this conclusion but for the highly technologically developed countries, the contrary would be the case. This is because they have almost everything provided by the society which the common also benefit from. They make their laws to work.

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: parkraol on May 01, 2018, 04:19:40 PM

As bank and having a big competitor you would do anything to win. That's why banks and government are against cryptocurrency because it caused them financial trouble. This is life there is winning and losing but the Scripture is right, do not do unto others you do not want them to do to you because every work has a karma.

As lovers of crypto lets just continue to unite for the unstoppable success of bitcoin.

Time will come that banks and the government will eventually embrace this kind of innovation especially when they have seen the potential income they can get if they add crypto in their business or if the government imposed tax on it.

parkraol

newbie

Activity: 658

Merit: 0

As bank and having a big competitor you would do anything to win. That's why banks and government are against cryptocurrency because it caused them financial trouble. This is life there is winning and losing but the Scripture is right, do not do unto others you do not want them to do to you because every work has a karma.

As lovers of crypto lets just continue to unite for the unstoppable success of bitcoin.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: Aikidoka on April 29, 2018, 10:53:34 AM

Does the verse mean that if they fight against us, we should pay them back? Because in Christianity, if someone slaps you on the right cheek, give them your left one. I am not going to debate this. But these governments are more powerful than us. Only few people can manage to fight against it. However, the majority of people are clueless and cannot do anything about it. I hope everything goes with bitcoin's side.

I agree. This is one of the golden rule: "Do unto others as you would have them do unto". I don't think so. How can we even fight a bigger opponent like governments?

Quote from: TrumpD on March 29, 2018, 02:57:04 PM

Quote from: Snarks on March 18, 2018, 08:45:59 AM

We've lost sight of what Bitcoin is about and we've succumbed to greed. Instead of creating crypto only businesses we were too focused on increasing our individual fiat value. Too busy fighting each other instead of working together.

I hope more of us start to understand the situation.

Capitalism still rules majority of our systems so its not surprising that profits now is the main aim. It would seem that most of the recent investors into bitcoin and other crypto see it as an "investment only" and nothing else. So yes they will lack the basic knowledge of why actually bitcoin was created in the first place. Now the banks are only worried or should I say "jealous" that individuals are able to make profits without them being part of the equation, after all banks are known to be the Kings of capitalism.

I have to agree with you that crypto specially bitcoin turns out to be just a investment platform which totally contradicts Satoshi's aim. Its been a store of value since the whales or individual with huge capital started to join the fray. As for banks, they want to be there, they want to be in where the action is that's why they are opposing or at least regulating crypto in general.

Aikidoka

sr. member

Activity: 1078

Merit: 342

Sinbad Mixer: Mix Your BTC Quickly

Does the verse mean that if they fight against us, we should pay them back? Because in Christianity, if someone slaps you on the right cheek, give them your left one. I am not going to debate this. But these governments are more powerful than us. Only few people can manage to fight against it. However, the majority of people are clueless and cannot do anything about it. I hope everything goes with bitcoin's side.

ronealdenila

copper member

Activity: 191

Merit: 1

Telegram Username: @Webn_BountyManager

I'm so blessed on your post. Yes, you are right, bitcoin cannot be stopped because this is what has been told. Bitcoin or cryptocurrency is what the Revelation means. The digital money

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: Snarks on March 17, 2018, 08:32:10 PM

I'm not a religious person, but this sounds good:

Therefore all things whatsoever ye would that men should do to you:
do ye even so to them: for this is the law and the prophets

I don't believe for a minute governments and banks are protecting the common man.

They've set out to destroy their competitor, Bitcoin, and they're doing so by regulating it out of existence and spreading FUD.

I wish we could return the favor.

Don't forget why we got into Bitcoin in the first place.

Remember the 2008 crash, the LIBOR fraud, the rigged forex and derivatives markets, the RBS GRG & HSBC scandals and the inflationary monetary policies to bail out the TOO BIG TO FAIL banks.

why is bitcoin protecting the people? seriously bitcoin is wasting a ton of ressources, for what? paying miners paying electricity consumption etc.

the banks have their mistakes, like they tend to store regionalist gays in them, that are difficult to work with thats why bitcoin has legtitimacy and value at all. thats why people support it, because it unreachable for the banksters and their police terror

Snarks

member

Activity: 196

Merit: 17

EFFECT.AI▲Decentralized network for A.I

Quote from: Snarks on March 29, 2018, 09:33:55 AM

"Cryptocurrency and Blockchain associations in Russia, China, and South Korea are planning to file a joint lawsuit in May against Google, Twitter, Facebook, and Yandex for not allowing crypto-related advertising."

https://cointelegraph.com/news/eurasian-association-of-blockchain-to-sue-social-media-giants-for-banning-crypto-ads

I was hoping for large scale FUD attacks on banks and traditional markets, but hey, it's a first step.

Blockchain companies and organizations in three more countries join the lawsuit against Google, Twitter and Facebook for banning crypto ads. This is picking up steam!

https://cointelegraph.com/news/three-more-countries-join-planned-lawsuit-against-internet-giants-for-banning-crypto-ads

Snarks

member

Activity: 196

Merit: 17

EFFECT.AI▲Decentralized network for A.I

Here's another approach. Disguising fiat as a cryptocurrency.

https://cointelegraph.com/news/china-to-develop-centralized-crypto-protects-yuan-against-non-state-digital-currency

Doesn't really make much sense in my opinion. But you can read between the lines: "the importance of protecting the yuan against unofficial virtual currencies" meaning they see decentralized cryptocurrencies as a risk. Which means we're on the right track.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: TrumpD on March 29, 2018, 02:57:04 PM

Quote from: Snarks on March 18, 2018, 08:45:59 AM

We've lost sight of what Bitcoin is about and we've succumbed to greed. Instead of creating crypto only businesses we were too focused on increasing our individual fiat value. Too busy fighting each other instead of working together.

I hope more of us start to understand the situation.

Capitalism still rules majority of our systems so its not surprising that profits now is the main aim. It would seem that most of the recent investors into bitcoin and other crypto see it as an "investment only" and nothing else. So yes they will lack the basic knowledge of why actually bitcoin was created in the first place. Now the banks are only worried or should I say "jealous" that individuals are able to make profits without them being part of the equation, after all banks are known to be the Kings of capitalism.

What should we expect? Bank been here since the beginning on where government is being formed.All the things that would really oppose to their terms would really be considered as a rival and that's why I don't find anything surprising for them on doing such act against bitcoin or into other crypto.Only early believers which are the ones who do really trust and strongly believe on bitcoins tech when it comes to innovation.

TrumpD

sr. member

Activity: 602

Merit: 265

Quote from: Snarks on March 18, 2018, 08:45:59 AM

We've lost sight of what Bitcoin is about and we've succumbed to greed. Instead of creating crypto only businesses we were too focused on increasing our individual fiat value. Too busy fighting each other instead of working together.

I hope more of us start to understand the situation.

Capitalism still rules majority of our systems so its not surprising that profits now is the main aim. It would seem that most of the recent investors into bitcoin and other crypto see it as an "investment only" and nothing else. So yes they will lack the basic knowledge of why actually bitcoin was created in the first place. Now the banks are only worried or should I say "jealous" that individuals are able to make profits without them being part of the equation, after all banks are known to be the Kings of capitalism.

Kambal2000

sr. member

Activity: 700

Merit: 257

Quote from: Snarks on March 29, 2018, 09:33:55 AM

"Cryptocurrency and Blockchain associations in Russia, China, and South Korea are planning to file a joint lawsuit in May against Google, Twitter, Facebook, and Yandex for not allowing crypto-related advertising."

https://cointelegraph.com/news/eurasian-association-of-blockchain-to-sue-social-media-giants-for-banning-crypto-ads

I was hoping for large scale FUD attacks on banks and traditional markets, but hey, it's a first step.

Wow! This is a great news for all of us and will be a great help in pumping of the price because those who sold their bitcoin due to this reason will eventually buy again and will take risk again, hope that this will make action as soon as possible so we will all have a happy holidays again before year ends.

Snarks

member

Activity: 196

Merit: 17

EFFECT.AI▲Decentralized network for A.I

"Cryptocurrency and Blockchain associations in Russia, China, and South Korea are planning to file a joint lawsuit in May against Google, Twitter, Facebook, and Yandex for not allowing crypto-related advertising."

https://cointelegraph.com/news/eurasian-association-of-blockchain-to-sue-social-media-giants-for-banning-crypto-ads

I was hoping for large scale FUD attacks on banks and traditional markets, but hey, it's a first step.

arthur25

newbie

Activity: 182

Merit: 0

Sounds great! Beautiful verse actually. Anyways bitcoin and government is not so called close for this two was not accepting each other even though the government recognize bitcoin but still it couldn't be the major of transactions. This things happening in other countries while in other hand some countries accepted bitcoin and practicing to make it as the future.

Harlot

hero member

Activity: 1806

Merit: 672

From what I am seeing I don't think that what you are saying is true my fellow member. I have yet to see a shred of evidence that banks and governments are teaming up in order to destroy Bitcoin or any cryptocurrency in that matter. Evidence such as a formal legislation banning Bitcoin which until now no country has come up on creating one. Even other governments such as Venezuelan government has created their own cryptocurrency as they have seen the potential of it. Also other countries like Japan and Korea have their own crypto markets being regulated by their governments, that can be simply seen as support being given by the government.

Snarks

member

Activity: 196

Merit: 17

EFFECT.AI▲Decentralized network for A.I

Quote from: Bagaji on March 27, 2018, 02:20:38 PM

Well, i don't believe many of us here in the Bitcoin and crypto currency community are having the same mentality as many are too selfish and self centre. In short there are FUD news carrier and they believe Bitcoin value should depreciate significantly in other for them to buy at the cheaper rate.

There's that too. It has become profitable to short Bitcoin and by extension it's profitable to FUD it.

I'm not sure the CME and CBOE Bitcoin futures are a big enough market to have an effect, but what about the futures on crypto exchanges like BitMex?

Bagaji

sr. member

Activity: 1330

Merit: 291

Well, i don't believe many of us here in the Bitcoin and crypto currency community are having the same mentality as many are too selfish and self centre. In short there are FUD news carrier and they believe Bitcoin value should depreciate significantly in other for them to buy at the cheaper rate.

burner2014

hero member

Activity: 952

Merit: 515

That is life, even in Politics, once the government approves your project or you are proposing your project to them you must bribe them or offer something, even in school you must treat always your professor or do something nice so that you can passed the subject, sad bu truth that is the reality nowadays.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: richardsNY on March 25, 2018, 02:35:12 PM

Quote from: Hamphser on March 24, 2018, 06:45:57 PM

Bitcoin been part of daily transactions? I dont think so and i dont know which bank you are preferring to since there were no banks that do directly made a transactions which do involves bitcoin.

He is probably just referring to banks making use of, or researching blockchain as technology -- people in most cases don't see the difference between Bitcoin and private blockchains. I don't even think any bank is legally allowed to incorporate crypto in their day to day operations. We all know how far away Japan is in terms of crypto progression, but their financial institutions are still not allowed to get involved in crypto directly, other than them just offering banking services to exchanges and whatnot. I think we may need a few more years to go by in order to see financial institutions actually make an attempt to expand their core operations. Governments definitely take their time with updating their regulatory framework, which (as user snark pointed out) might be done so on purpose after all -- the longer it takes for them to come up with regulations, the slower the growth will be, and the easier it will be to catch up. I strongly believe that China's sanctions against crypto are related to that principle as well, and for that reason believe they will be back.

All things do have boundaries which means banking wont really joint into cryptocurrency since they do have their own field.Usage and benefits is different but when it comes to technology then it can really be applied into banking sector which is really a great innovation to be considered. Accepted or not but these kind of regulations and acceptance isnt really surprising anymore.Government do have different views towards this which its up to them if they would accept it or not but on my side they should not really restrict or make prohibitions at all.

Snarks

member

Activity: 196

Merit: 17

EFFECT.AI▲Decentralized network for A.I

Quote from: peter0425 on March 26, 2018, 04:10:05 AM

Quote from: Snarks on March 17, 2018, 08:32:10 PM

I'm not a religious person, but this sounds good:

Therefore all things whatsoever ye would that men should do to you:
do ye even so to them: for this is the law and the prophets

I don't believe for a minute governments and banks are protecting the common man.

They've set out to destroy their competitor, Bitcoin, and they're doing so by regulating it out of existence and spreading FUD.

I wish we could return the favor.

Don't forget why we got into Bitcoin in the first place.

Remember the 2008 crash, the LIBOR fraud, the rigged forex and derivatives markets, the RBS GRG & HSBC scandals and the inflationary monetary policies to bail out the TOO BIG TO FAIL banks.

This is one of the reason why Satoshi, created bitcoin anyways.

Of course, they are really out not just to destroy but eliminate those that threaten their very existence, cryptocurrency. However, do they think that we can really destroyed those old aged traditional banking system?

I guess it boils down how they lost potential clients or banking clients who suddenly moves to crypto to store their wealth. They are losing billions here and the only way to stop the onslaught is to attack the enemies by creating regulations through FUDs.

But look at how they love blockchain technology. How ironic, the same technology that powers bitcoin and other crypto.

I have to be honest. We are making a lot of the same mistakes that caused the 2008 crash. Creating opaque financial products, taking on too much risk, selling a lot of bullshit, raising hundreds of millions for just a text document. In short: greed.

We have to take a step back and remember what Satoshi's goal was when he created Bitcoin.

Topic: Matthew 7:12 - Whatever they do to you, you shall also do to them (Read 486 times)