Private banks
Create money out off nothing
Against interest bearing debt
It devaluates
And it has an economic crisis guarantee build in. The purchasing power of bankers money drops, at a high rate, year after year. (Everything becomes more expensive.) Private banks are given a monopoly, by goverments, on their own fractional reserve money game. Mortgages are created with ZERO percent fractional reserve. People have to back it with collateral and 'pay it back' with interest.
This ongoing money creation by private banks, out off nothing, against interest bearing debt is a disaster waiting to happen. It is flooding the economy with more and more worthless money! Mostly digital, cold hard cash is slowly banned. It is way more easy, for private banks, to create more devaluating money that way.
The bankers money is not backed by anything. And the debt mountain it causes keeps growing. With Deutsche Bank close to falling over, with a domino effect, causing another private bank crisis, a distraction is needed, or so it seems. Another economical crisis worldwide and humanity must bleed again? Bailing the private banks out again?
Crypto Currencies revaluate
This is what Bitcoin and other Crypto-Currencies are the alternative too. It is what Satoshi Nakamoto apparantly did forsee that would be repeated over and over again. And while the fractional reserve money counterfeiting by the private banks makes the purchasing power drop, Cryptos revaluate over time. It took 1 BTC {Bitcoin} only ten years to get from a purchasing power of ZERO to over TENTHOUSAND now!
It has all the rules encoded, it does not need an intermediator of any kind. It can function without governments and banks. And it revaluates over time. It can be send anywhere at any time. Easy as pie, transaction done in a jiffy and locked in a chain of data blocks. All done using complex mathematics. Which computers excel at. Protected from corrupted human beings taking over control. It must eat those authoritharian bankers money controllers alive that they are losing their ruling over humanity.
Not a fan of bankers money
It is created out off nothing against interest bearing debt. Criminals use it, wars are financed with it and it causes a constant decline in purchasing power for the many. While the ones who understand, how the build in devaluation works, enrich themselves more and more. With consent of governments who fascilitate the private banking constant counterfeiting. Bought and sold politicians, just serving their sponsors... (Or should they be known as their masters?)
Suits talking 'economy' as if they have an idea what it is about. Bollocks like "...we need economical growth..." just hides the damage caused by fractional reserve banking. Even some people in Crypto parrot all that utter crap. So called Crypto news media are spreading fear, uncertanty and doubt {FUD}. Unbelievable, really. But, those who dare to look at the numbers and figures will know better than the FUD being spread.
Awesome exposure
When somebody, considered to be a 'huge' influencer, states 'not a fan' then it does not mean 'I will ban'. The message was not even that bad, considering that the human being in question has his own agenda. Mostly it was about 'Libra' and how Facebook should get a banking license. And there are already regulations concerning Crypto-Currencies. Which only means that for an important part they are considered a real thing in mainstream.
Look at all the mainstream media coverage. And how the name Bitcoin and term Crypto-Currencies now will be known to a much wider audience worldwide. Try and buy some advertising campaign that can make this kind of worldwide exposure happen. Dips and dumps happen. Just like another bull-run. And those who bring the 'shock' effect, to score easy on spreading FUD, should maybe better be ignored.
Here to stay
The more those banksters and their government buddies try to ridicule and attack Bitcoin and the other Crypto-Currencies, the better it is doing. What use would it be if Cryptos were not an alternative to give it this much attention...? Think about it. Something you could not care less about, would you give it that much thought, or attention? If Cryptos are worthless, meaningless, no money and so on and so forth, then why the urge to regulate its use!?
It has been stated by many, in the so called mainstream realm, that Bitcoin is like gold, a storage of value. The words being used, by some so called influentual people, are actually of a more understanding kind. Even that kind of slow acceptance is getting twisted by some inside the Cryptos realm. But, all in all, Bitcoin and Crypto-Currencies made a breakthrough, they are 'out-there'. Cryptos are here to stay and the will revaluate.
May the Cryptos be with us!
Bitcoin is getting some great mainstream exposure
![bitcoin-2902690_1920.jpg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmTh7TU1HRtLMqip8Cy19a2YqdPjQek8XgG8MrR7YyRSLR/bitcoin-2902690_1920.jpg)
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