You are viewing a single comment's thread from:

RE: Four more mega-banks join the anti-dollar alliance

in #money8 years ago

This is great news. The minnows of the banking world are tired of being bossed around by the entitlement mentality whales of the US banking system. Even if the effect on adoption of completely decentralised systems is not direct, it will be felt. Integrating them with it will not be as difficult as it has been for cryptocurrencies to integrate with the commercial banking system.

When it comes down to it, these big players really like their position because it allows them to suffocate economies when the opinions turn against their minion politicians and media networks. They like that they can pump and dump the global economy, swoop in with their big balances, and buy up distressed assets, and consolidate their power.

Cryptocurrencies change everything. Trade depends on money. Who controls it, controls the trade, even more so than governments, because banks can even profit from the black markets, with laundering on the side... This is also why there is so many designated contraband trade items and services in the USA.

Sort:  

You nailed it exactly. This is the cool thing about Steem. Within minutes of republishing an article like this gets a top notch summation. The world is waking up to this global scam. I for one am happy to be on the side of the freedom and sovereignty.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 59536.13
ETH 2366.24
USDT 1.00
SBD 2.53