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RE: The Dawn Of The Crypto Tsunami: Profits And The Future Of Collaborative Potentials...
I'm curious, @looftee, what benefits you believe banks can bring to crypto?
I'm curious, @looftee, what benefits you believe banks can bring to crypto?
I was saying Block chain not crypto. And if even a single bank adopts a single crypto. Suppose how much price will surge of that crypto on that day.
Banks have no real value to add, though. They can inflate prices by printing money, which is what banks do, but that's fraud, and those numbers aren't backed up by real assets. Eventually the scam collapses, there's no way to avoid this. I do not want banks' fake money. It is a poison sweet to the tongue, but sour to the stomach.
well, frankly I don't have that much knowledge, so you may be true.
Be wary of banks. They do not have your interests in heart. Many people hate banks, and while I do not advocate blind hatred, those people hate banks because banks very cleverly do incredibly harmful things, but it's hard to see how until you understand the economics of the currency system. It's easy to learn, though. Look up how central banks and fiat currencies work, and you'll see how banks are hurting people, especially the poor. We create cryptocurrencies in large part to give people, especially the poor who are most severely hurt by the fraud of banks, an alternative which is designed to help them, not hurt them.
By clever accounting, banks steal from the poor to feed the rich; all without the poor, who have the least time and energy to dedicate to understanding the currency system, seeing how they are being exploited. Inflation is a nearly invisible tax on the poor.
well, I got your point. It is very nice thinking of you that way.