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Topic: Matthew 7:12 - Whatever they do to you, you shall also do to them - page 3. (Read 486 times)

newbie
Activity: 30
Merit: 0
It reflects do to others what you want them do to you on every actions that we could do.
In relations to bitcoin merit do to stop ranking that is why some give smerit to others to give them smerit in return!
sr. member
Activity: 2366
Merit: 332
Bankers and governments are working according to a clearly established plan. They work as a team. By their actions, they destroy bitcoin and we can not oppose them.

This isn't necessarily true. Banks have different policies, and government representatives have different opinions. Most of them aren't very keen on the idea of letting Bitcoin be for sure, but I don't think there's any mass conspiracy to bring it down going on.

I don't dispute the idea that there are parties that are actively working behind the scenes to bring Bitcoin down, but if everyone was in on it, we wouldn't even be talking regulations, and currency vs asset, etc. -- we'd be facing outright bans everywhere.

I see the whole bank and government issues plus the ban fud as the challenges that comes with an innovation. Change is always resisted. Both in government policies (Obama's health policy was fault) they are never allowed a breathing space until the benefits starts sinking.

Currency is just a more sensitive issue.

Likewise bitcoin, naturally fighting for it wouldn't make much to convince the world rather, the world would see it benefit and starts a massive acceptance leading the governments to adoption.
hero member
Activity: 1834
Merit: 759
They are afraid a sudden ban causes revolts, so they're using a soft approach with the same end-result. Make no mistake, we're being surrounded.

Banks have convinced governments that cryptocurrencies are the root of all evil.

The problem is, crypto has only a few advocates to remind governments what atrocities banks have been getting away with. TOO BIG TO FAIL means we are enslaved by banks.

KYC/AML destroyed one of the defining features of Bitcoin: anonymity. It has nothing to do with preventing money laundering or terrorists. 99% of money laundering and terrorist funding is done with fiat! And then I'm not even talking about what causes money laundering and terrorism in the first place.

The next step is banning crypto mining because it uses too much energy. Guess what also uses a lot of energy: cars, planes, ships, industry. They could have invested in renewable energy research, but they decided to spend tax dollars on aircraft carriers and bombs.

We need to stand up. We need to fight for our rights and give the banks a taste of their own medicine.

There are bans around the world though, and no revolts. Heck, China, which used to be one of the biggest Bitcoin markets in the world banned exchanges and ICOs and their citizens just folded. Crypto has few advocates because the user base in general is small in number; not to mention majority of these people are casuals wanting to earn a quick buck. I doubt the magnitude of a backlash a prospective ban might cause would be large enough to be described as a "revolt".

We also forget to mention one thing about KYC/AML -- it only applies to businesses, which are registered under governments, and are thus required to follow regulations. It doesn't affect Bitcoin itself. If you use Bitcoin like it was used in its inception, you may still enjoy your anonymity. You don't need to follow KYC/AML regulations if you don't use exchanges or use it in a registered business, after all.

I'm all for fighting for people's rights, but the us vs. them narrative doesn't help in my opinion. Give people objective facts, and let them decide what to do on their own.
legendary
Activity: 3080
Merit: 1500
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.


I loved your optimism. This is one kind of thinking we should all have now. But I am afraid that we are not well organized and also we don't have such power to fight against banks and governments. So we can't do much. However, if majority of the bitcoin investors think like you today, we probably didn't have to see such pathetic price today.

Banks would want to destroy bitcoin because it is directly affecting their business and governments would want to protect the banks because they fund the various activities of government. The best we can do now is to keep faith on bitcoin and buy more at dip.
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
Bankers and governments are working according to a clearly established plan. They work as a team. By their actions, they destroy bitcoin and we can not oppose them.

This isn't necessarily true. Banks have different policies, and government representatives have different opinions. Most of them aren't very keen on the idea of letting Bitcoin be for sure, but I don't think there's any mass conspiracy to bring it down going on.

I don't dispute the idea that there are parties that are actively working behind the scenes to bring Bitcoin down, but if everyone was in on it, we wouldn't even be talking regulations, and currency vs asset, etc. -- we'd be facing outright bans everywhere.

They are afraid a sudden ban causes revolts, so they're using a soft approach with the same end-result. Make no mistake, we're being surrounded.

Banks have convinced governments that cryptocurrencies are the root of all evil.

The problem is, crypto has only a few advocates to remind governments what atrocities banks have been getting away with. TOO BIG TO FAIL means we are enslaved by banks.

KYC/AML destroyed one of the defining features of Bitcoin: anonymity. It has nothing to do with preventing money laundering or terrorists. 99% of money laundering and terrorist funding is done with fiat! And then I'm not even talking about what causes money laundering and terrorism in the first place.

The next step is banning crypto mining because it uses too much energy. Guess what also uses a lot of energy: cars, planes, ships, industry. They could have invested in renewable energy research, but they decided to spend tax dollars on aircraft carriers and bombs.

We need to stand up. We need to fight for our rights and give the banks a taste of their own medicine.
legendary
Activity: 1526
Merit: 1179
People can do one simple thing to destroy the current system, and that's using Bitcoin. If enough equal minded people do so, it will take away the foundation the current financial system is standing on.

More realistically speaking, I don't see it happen. The majority of the people are too stupid and too happy with their current sloppy lives to force through any changes. People don't want to fight for what's right.

I however am doing everything I can already to avoid being a cash cow slave of this system. I don't borrow money, I avoid banks where I can, and the best of all, a large part of my wealth is locked in Bitcoin. Smiley

Even if the government tries to block all my accounts, make banks prevent me from creating new accounts, I have my own wealth that doesn't depend on central parties. That alone is a very powerful message already.
hero member
Activity: 1834
Merit: 759
Bankers and governments are working according to a clearly established plan. They work as a team. By their actions, they destroy bitcoin and we can not oppose them.

This isn't necessarily true. Banks have different policies, and government representatives have different opinions. Most of them aren't very keen on the idea of letting Bitcoin be for sure, but I don't think there's any mass conspiracy to bring it down going on.

I don't dispute the idea that there are parties that are actively working behind the scenes to bring Bitcoin down, but if everyone was in on it, we wouldn't even be talking regulations, and currency vs asset, etc. -- we'd be facing outright bans everywhere.
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
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.
sr. member
Activity: 630
Merit: 272
The bitcoin community is not ready to fight. Each person cares only about their profits. We have no coordination. Bankers and governments are working according to a clearly established plan. They work as a team. By their actions, they destroy bitcoin and we can not oppose them. If you do not take anything to avoid the use of Fiat, we have no chance of winning.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
That is an interesting thought, but the playing field is uneven. In terms of FUD, the big banks have deep pockets and can afford to put out a narrative highlighting the dangers of cryptocurrencies. Supporters of crypto can put out a narrative on social media, but it hardly matches up to an organized campaign.
In terms of regulation, the difference is even more stark. Regulators and big banks are in bed together, and it doesn't take too much effort for the views of bankers to be reflected in the views of regulators. A few independent regulators may recognize the advantages of Bitcoin, but that hardly makes a difference.
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
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.

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