You are viewing a single comment's thread from:

RE: When Did You Realize That You Didn't Own Your Money in Your Bank?

in #steemit5 years ago

The bankers create money out of thin air, lend it to us, and we repay it with our Blood, Sweat & Tears.

Sort:  

They do make money off the very thing that we can do ourselves.

When the banks lend it to us, they are creating a ledger just like cryptocurrency. The difference is that the ledger is owned and controlled by the bank. With cryptocurrency, the ledger is not owned, it is shared, and is verifiable.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.031
BTC 57410.43
ETH 2916.25
USDT 1.00
SBD 3.67