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Topic: The transfer of wealth from the everyday bankers to the people in tech (Read 413 times)

full member
Activity: 168
Merit: 100
but bankers can stop it any time they like by cutting off... the banking. nothing much happens without that on board. i'm surprised they've tolerated it for so long.

Some would argue they - banks - are behind the current price rise. All to gain for them in the short term if they are buying in very large quantities and driving up the price. I wouldn't underestimate their ability to adapt and survive.


Exactly and while bitcoin gives users a realistic way to avoid the banks its never going to directly hurt them. Just because some niche groups hate banks it doesn't mean the wider population and economy does too, I mean its not like they don't offer any useful services.
sr. member
Activity: 602
Merit: 265
but bankers can stop it any time they like by cutting off... the banking. nothing much happens without that on board. i'm surprised they've tolerated it for so long.

Some would argue they - banks - are behind the current price rise. All to gain for them in the short term if they are buying in very large quantities and driving up the price. I wouldn't underestimate their ability to adapt and survive.
full member
Activity: 168
Merit: 100
but bankers can stop it any time they like by cutting off... the banking. nothing much happens without that on board. i'm surprised they've tolerated it for so long.

They are accepting it because it can enhance their business. The conspiracy theories of banks wanting to destroy bitcoin are based on nothing more than FUD. They are just middle men and any disruptive technology or major transfer of wealth only benefits them as it allows them to offer new services for more income.
legendary
Activity: 1288
Merit: 1087
but bankers can stop it any time they like by cutting off... the banking. nothing much happens without that on board. i'm surprised they've tolerated it for so long.
legendary
Activity: 3080
Merit: 1593
#1 VIP Crypto Casino
Congratz on this upcoming victory.

10 year phase 1 complete, bravo Bitcoin.

For every bubble, Bitcoin re calibrates itself shifting forward.

SHOUT OUT TO ETHEREUM TOO!

The next 10 years will blow them out of the water completely.

You can't stop the transfer of wealth agreed upon and backed by the actual people.



10 years is just about the right amount of time for bitcoin to explode into mainstream adoption I agree. I'm expecting $50,000 valued bitcoin's by then.
hero member
Activity: 532
Merit: 500
Congratz on this upcoming victory.

10 year phase 1 complete, bravo Bitcoin.

For every bubble, Bitcoin re calibrates itself shifting forward.

SHOUT OUT TO ETHEREUM TOO!

The next 10 years will blow them out of the water completely.

You can't stop the transfer of wealth agreed upon and backed by the actual people.

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