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Topic: "Why Banks fear Bitcoin" (Read 3147 times)

legendary
Activity: 1512
Merit: 1005
November 23, 2014, 07:50:02 PM
#46
banks = rotten economy (still ruling)
bitcoin = healthy economy (slowly but steadily eating the cancer, converting rotten to healthy economy)

as simple as that.

Bitcoin - eating the cancer.

I like it.
legendary
Activity: 1512
Merit: 1005
November 23, 2014, 07:38:29 PM
#45
I can only imagine that the banks must be furious of a system that they don't control. I'm pretty sure that much is true.

I addressed the owning issue earlier though. We both know that Bitcoin has no theoretical upper limit with regards to other currency (it could shoot to $1000 or $100000000000 per coin) and if some kind of tipping point occurred then the government (or anyone else for that matter) wouldn't be able to keep up with buying enough of it to maintain control.

Theorise what you like about if and what such a tipping point could cause this but it does render your argument that Bitcoin is currently irrelevant, umm, irrelevant.

The fact that bitcoin is irrelevant, is irrelevant.
newbie
Activity: 15
Merit: 0
November 23, 2014, 07:00:07 PM
#44
I wonder why the je-, i mean the banks fear bitcoin

https://i.imgur.com/rVKgMkx.jpg
Hello fellow /pol/ack

It's happening.
full member
Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.
November 23, 2014, 10:57:04 AM
#43
...
Do you care that you don't control the eBay Beanie Baby market?

Not really, right?

That's how JP Morgan feels about the Bitcoin market....now.

With Bitcoin's Beanie Baby growth, larger institutions are sure to take notice. Not out of fear, but out of opportunity.
...

FTFY.  JP Morgan has, after tanking Beanie Baby prices, has been secretly investing in both Beanie Babies and Cabbage Patch Kids through a nefarious web of old bats.  Hodl FTW!

Your reliable government source,

  ~Bitch Pudding

Invest your kids college fund into bitcoin !
sr. member
Activity: 378
Merit: 254
November 22, 2014, 09:26:59 AM
#42
...
Do you care that you don't control the eBay Beanie Baby market?

Not really, right?

That's how JP Morgan feels about the Bitcoin market....now.

With Bitcoin's Beanie Baby growth, larger institutions are sure to take notice. Not out of fear, but out of opportunity.
...

FTFY.  JP Morgan has, after tanking Beanie Baby prices, has been secretly investing in both Beanie Babies and Cabbage Patch Kids through a nefarious web of old bats.  Hodl FTW!

Your reliable government source,

  ~Bitch Pudding
sr. member
Activity: 378
Merit: 254
November 22, 2014, 09:17:25 AM
#41
banks = rotten economy (still ruling)
bitcoin = healthy economy (slowly but steadily eating the cancer, converting rotten to healthy economy)

as simple as that.

Fastest way to get everyone on this forum labeled as a cult = portray Bitcoin as the solution to all the problems of society lol.


if you prefer banks, what tf are you doing here ?

Lol @ Bitcoiner logic:  If you don't think Bitcoin is the axe laid unto the root of the trees, you don't belong here.
Spoiler:  I love old Matchless thumpers, but doubt they'll replace all other modes of transportation.
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
November 22, 2014, 09:03:21 AM
#40
I really wonder whether Western Union fears Bitcoin or they just thought that new WU/Bitcoin comparison was a stupid copyright/trademark infringement. It's interesting, I could really see them being at least somewhat alarmed by this. Especially Western Union, since I don't think banks per se will be in danger of becoming obsolete.
legendary
Activity: 2338
Merit: 2106
November 22, 2014, 07:24:50 AM
#39
banks = rotten economy (still ruling)
bitcoin = healthy economy (slowly but steadily eating the cancer, converting rotten to healthy economy)

as simple as that.

Fastest way to get everyone on this forum labeled as a cult = portray Bitcoin as the solution to all the problems of society lol.


if you prefer banks, what tf are you doing here ?
legendary
Activity: 1260
Merit: 1000
November 22, 2014, 05:49:56 AM
#38
banks = rotten economy (still ruling)
bitcoin = healthy economy (slowly but steadily eating the cancer, converting rotten to healthy economy)

as simple as that.

Fastest way to get everyone on this forum labeled as a cult = portray Bitcoin as the solution to all the problems of society lol.
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
November 22, 2014, 05:41:57 AM
#37
banks = rotten economy (still ruling)
bitcoin = healthy economy (slowly but steadily eating the cancer, converting rotten to healthy economy)

as simple as that.
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
November 22, 2014, 03:41:48 AM
#36
if you want to allocate resources first you need to extract them. It's like in the pool with the alligators, the dear energy will be extracted and reallocated in the crocodile, that will shit in the river feed the fishes, that will shit, feed the plants, the crocodile will die, feed the fish, feed the plants... the problem is when the crocodile tell the dear that it's for his own good...
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
November 22, 2014, 03:36:38 AM
#35
Quote
What Bitcoin, and the even more promising Ripple network do, is not to poke a hole in banking’s basic business models—lending, deposits, trading, and money exchange—but to create the embryos for entirely new markets typically referred to as the Internet of Value.

That's where I stopped taking Undheim too seriously.
legendary
Activity: 1260
Merit: 1000
November 22, 2014, 03:23:03 AM
#34
forgot to make this self moderated. one cannot even talk about banks without inviting disgusting arseholes ( who not even talk about banking. maybe they ARE bankers?)

You forgot to ask yourself why the bankers love to financially bomb out people in the country they live in instead of maintaining only a sustainable level of parasitism?  This is already known to sociologists, it's called "The Florida Effect".  People in Florida studied were more likely to donate and go along with higher taxes and funding that benefited districts consisting of groups of their own ethnic origin, because they saw the money as being an investment in the future of their lineage.

The same phenomenon is true of bankers and financial people.  While some are just complete psychopaths, the majority are also governed by the Florida effect.  They are more likely to loot and plunder people who are completely disconnected from themselves on a DNA and cultural basis.  They don't see America as really belonging to anyone, just a big vault to loot.

Liberalism is essentially a destabilization process to de-homogenize and implode a country as fast as possible.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
November 22, 2014, 03:13:20 AM
#33
You can clearly tell you're a Marxist when you use words such as xenophobia.....There isn't a group of more hypocritical, double standard scumbags walking the planet than leftist liberals.

Um...okay.



Is that better?

legendary
Activity: 2338
Merit: 2106
November 22, 2014, 03:06:59 AM
#32
I wonder why the je-, i mean the banks fear bitcoin

https://i.imgur.com/rVKgMkx.jpg


Wow. Racist, homophobic, antisemitic etc. just in one picture


forgot to make this self moderated. one cannot even talk about banks without inviting disgusting arseholes ( who not even talk about banking. maybe they ARE bankers?)
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
November 22, 2014, 02:59:31 AM
#31
The response of several posters to this pathetic picture is not about some silly little politics or "political correctness", it's about the tastelessness, self-loathing, xenophobia and inferiority complex of the person who posted it.

You can clearly tell you're a Marxist when you use words such as xenophobia.  It's almost impossible to use that term without being one.  Typically any non-homogenous civilization collapses magnitudes faster than homogenous ones (Japan, China, etc, that just keep trucking for thousands of years).  America is only an experiment in this regard of "diversity", and most unbiased observers would consider that part of the experiment failed or failing.

Conversely, when Asian civilizations openly act "racist" and hostile towards foreigners, while also enacting laws to prevent their civilization to diverge from being homogenous, liberals high five them like, "oh hey, Asian culture, so cool!".  Then if a white civilization anywhere does it on a macro or even micro level, here comes the liberals throwing a tantrum saying, "oh, homogenous is bad, white people are bad, diversity is good!  whites can't be allowed to organize for common self interests!".

This is why liberalism collapsed and is only made up of white male hating lesbians, central planning communists, and other lunatics now.  There isn't a group of more hypocritical, double standard scumbags walking the planet than leftist liberals.



Let me tell you, I really like your tone, and it's not important if I like what you say or not, I will defend your right to express your opinions. And if the others side doesn't agree it will have too the same right. However, fools me once... Cheesy.
legendary
Activity: 1260
Merit: 1000
November 22, 2014, 02:54:29 AM
#30
The response of several posters to this pathetic picture is not about some silly little politics or "political correctness", it's about the tastelessness, self-loathing, xenophobia and inferiority complex of the person who posted it.

You can clearly tell you're a Marxist when you use words such as xenophobia.  It's almost impossible to use that term without being one.  Typically any non-homogenous civilization collapses magnitudes faster than homogenous ones (Japan, China, etc, that just keep trucking for thousands of years).  America is only an experiment in this regard of "diversity", and most unbiased observers would consider that part of the experiment failed or failing.

Conversely, when Asian civilizations openly act "racist" and hostile towards foreigners, while also enacting laws to prevent their civilization to diverge from being homogenous, liberals high five them like, "oh hey, Asian culture, so cool!".  Then if a white civilization anywhere does it on a macro or even micro level, here comes the liberals throwing a tantrum saying, "oh, homogenous is bad, white people are bad, diversity is good!  whites can't be allowed to organize for common self interests!".

This is why liberalism collapsed and is only made up of white male hating lesbians, central planning communists, and other lunatics now.  There isn't a group of more hypocritical, double standard scumbags walking the planet than leftist liberals.

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
November 22, 2014, 02:16:02 AM
#29
Ummm guys...all of you "tolerant" retards responding to that picture: You do realize he posted it intentionally in order to piss you all off, right?

It's called trolling, in case you were wondering.

We're all glad how cool and tolerant you all are. Your Facebook friends would be proud. But please, shut up.



You too.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
November 22, 2014, 02:14:11 AM
#28
It's funny seeing far leftists work themselves up to a crying rage...  

---raging hissyfit rant---

Far leftists? LOL Spend your day watching Fox?

Crying rage? Take a look in the mirror.

The response of several posters to this pathetic picture is not about some silly little politics or "political correctness", it's about the tastelessness, self-loathing, xenophobia and inferiority complex of the person who posted it.

No one is advocating censorship, just laughing at the moron who posted it.

My response would have been the same if it had put down white male heterosexual Christians.

Get a life.
full member
Activity: 182
Merit: 123
"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"
November 22, 2014, 01:48:35 AM
#27
install digital electric meter in all home, impose that all electric appliances be connected to the digital electric meter- grid, make illegal any use of electricity that it's isn't approve by the gov, make hashers illegals (waste of energy under earth protection act)... to save the planet for the children so that rabbits aka people with 10 children that don't have the mean to raise them can make you feel guilty and so that you will have to sacrifice again what was left of what you owned (aka nothing).
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