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RE: Even MORE confirmation the Banks are USELESS!

in #money8 years ago

as much as i love the notion of being done with large banks i doubt they will allow crypto to slip through their fingers. As soon as they can, I see the feds demanding we supply info on all our crypto and get ready to be taxed on it when we try to use it. The fact that coinbase has "welcomed" a new it head honcho who previously worked for the feds looking for money and assests people tried to keep out of site is proof enough that it is only a matter of time until the fat cats find a way to get to our crypto. How depressing. Love the shirt though!

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Oh, I ABSOLUTELY agree!! I don't expect to become rich off of these cryptos, but for the time being I will squeeze as much as I can outta this whole new paradigm. I'm a metals guy. And as soon as i get a bit of upside on my cryptocurrencies I turn them into Bitcoin and then use that Bitcoin to purchase silver through JM Bullion. Then it's all off the radar from there. Won't be long b4 everyone is having to "show their papers" as if we were being interrogated by the Gestapo. We're pretty much there already.

Thanks for the comment. Followed you.

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