๐ฐ BITCOIN A FRAUD? - BANKS ARE VERY CONCERNED TODAY - WHAT'S BEHIND? ๐ฐ
Hi Steemit friends,
what a week! First the SEC, then China, now .. Jamie!. It motivated me to create 2 memes on that! ๐ What do you think why people claiming Bitcoin is a fraud if there money is flooding in streams into the crypto market away from their businesses.. mmhh?
Cryptocurrencies are not fun for everyone!
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Dimon is just trying to manipulate the mass. JPMorgan never supported anything which is good for the society, they stopped funding for Tesla's FREE ELECTRICITY PROJECT.
I disdain Dimon's statement and he forced me to write a post here against him.
Long Live Cryptocurrencies!
Steem on!
I can tell you the following.. we live in a flat directly beside one of the the biggest banks in germany the "Sparkasse". Every time i pass by that building i see the huge red sculpture made of steel before the entrance, all the metal for handrails, beams, facade.. the many huge marble blocks and walls.. huge glass windows.. everything is expensive construction material..
They demand high fees just for the account management each month.. they have ridiculous finance products made of thin air.. but they are still huge in market cap. Many old customers hold their savings books with no interest (negative due inflation). They must close departments because of automation, online banking but there are so many people who trust the "temple of doom" still today. I ask people from time to time "What do you think, where comes the money from for such a ridiculous pomp and circumstance.. mmh?" It's like all eyes are closed.. i could freak out!
๐ค
Thank you!
Exactly!
I heard about about Dimon's statement just after it was made but did not react. But today a friend of mine who works for a bank sent me a message in whatsapp about the news and said he can stake on whatever Dimon is even thinking. I failed to make him understand everything and I thought to write my mind here in steemit.
You mean he was behind the statement of Dimon?
No, I just wanted to tell you that he along with several other people are convinced to what Dimon had said.
Bitcoin is unstoppable, it is the decentralized engine, though
transactions are public. But untraceable currencies such as Monero are
poised to capture a decent part of the market share.
We live in exciting times and if we can see there is a lot attention by recognized people from governement, banks, administrations and i think they all look for ways to use it in their favour but want regulation.. but that's not so easy ๐ as i wrote in this post.. maybe impossible.
Thank you!
Honey Badger does not care. The protocol continues to function just fine, with or without Dimon support. In the long run, this does not matter.
i think so, the banks are in trouble because their expensive and slow products loosing interest..
I'm not a pro in graphics designing but created this for my post.
Thanks man!
I also think this is what is going on...!
Thanks, if not, then something similar.. but Bitcoin is not in the interest of the big banks, for sure.
I once read Bill Gates saying something similar to, "Bitcoin is here and is here to stay" . Also, to my knowledge there are already big banking and financial corporations behind some projects (e.g iota, ripple, etc)... so...how is this aligned to that opinion?
yes, they want control and regulation to repeat the system with high fees and just more earnings with debt. IOTA supports also non profit projects and with no transaction fees they are from my point of view a bit different than Ripple. Ripple is a centralized approach which aligns more with the banks and from what i know it's only for usage in that sector. I think we live in exciting times and the drama and FUD is constantly going on but nothing what can withhold cryptocurrencies in the long term.
It's a great time to be buying BTC..
yeah, before wealth distribution is again in the wrong hands..
I disdain Dimon's statement and he forced me to write a post here against him.
Long Live Cryptocurrencies!
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