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Why Do Banks Fear Bitcoin Documentary

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - Page 6

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - Page 6

Why do Banks Fear Bitcoin? (Bitcoin Documentary) Satoshi still controls a million bitcoins, and GHASH control almost 50% of the network. There is absolutely no reason to use bitcoin to buy legal things. Not worth the hassle of obtaining them when credit cards are much more convenient and widely accepted. Its the cheapest and fastest way to transfer huge sums of money to other countries. In terms of buying groceries in your local supermarket, yeah its pretty useless. sorry to be rude, but does anybody know how to create a new thread/forum? Unfortunately, you need to have a certain number of posts (either 50 or 100, can't remember which) in order to create new threads. This is a means of preventing bots and spammers. Its the cheapest and fastest way to transfer huge sums of money to other countries. Don't think that it's something that ordinary people do every day. And still it's not worth the hassle unless that huge sum was earned illegally. And also conversion fiat > bitcoin and vice versa is not free. Like drug dealers, tax evaders and money launderers? Have these nefarious users of money only just appeared with the emergence of Bitcoin? Its companies like PayPal and Western Union that have the most to fear. Some of the further applications of cypto peer to peer blockchains are quite mindblowing. Paypal has the huge advantage in the fact that you don't have to buy obscure and extremely volatile currency in shady places to do business with it - it's well integrated into existing infrastructure. Also Paypal, unlike Bitcoin, supports chargebacks and that's a big deal for me - the buyer. No, but Bitcoin is not really useful for anything else. I think time will tell on that one, in the meantime trying to promote guilt by association may cloak it with an allure that appeals Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why do Banks Fear Bitcoin? (Bitcoin Documentary) - [FutureMoneyTrends.com] FutureMoneyTrends.com/bitcoin to get your FREE Bitcoin report The Bankers & Banks Worst Fear Website is no Longer Active, we apologize I recently bought a house in a foreign country. My bank here in the US charged me $75 for the paper work and they wanted to charge me 3.2% of the purchase price to convert the dollars. I ask the seller if they had a USD account and they said they did. I canceled the wire and sent the money to the sellers dollar account and avoided paying the GREEDY bankers the thousands they were trying to steal from me. I told the girl that was handling the transaction "this is why banks say cryptocurrency is a ponzi-scheme". If I could've bought this house with bitcoin I could've saved even the $75 dollars I had to pay the bank. Digital currency is here to stay and there isn't a damn thing the banks or the governments can do to stop it, AND THEY KNOW IT! I wanted to buy a hundred dollars US worth of bitcoin in 2009 but I let my brother talk me out of it. I've been kicking myself ever since (I should be kicking my brother instead). correction at 9:26 my friend. it WASN'T banks who created the 2008 crisis, it was government policy directing banks to make mortgages available to poor people who would never otherwise qualify.banks are NOT charities .like any business they need to make a profit or they go bust. no way the banks agreed to this bad risk venture without government assurances of "intervention" if things went bad. bankers did NOT commit a crime! elected officials DID in order to get votes. In search of a fast and legit hackers? try out realroyaltyhackers.wordpress.com they are the best,just got a transfer of $20,000 from them To use bitcoins you still need it attached to Continue reading >>

Bitcoin News: Banks Are 'afraid' Of The 'volatile' Digital Currency, Says Wealth Advisor | City & Business | Finance | Express.co.uk

Bitcoin News: Banks Are 'afraid' Of The 'volatile' Digital Currency, Says Wealth Advisor | City & Business | Finance | Express.co.uk

JPMorgan CEO Jamie Dimon publicly denounced the virtual currency Bitcoin as afraud' Of course, if you run a very large U.S. bank, most probably you are afraid of blockchain and bitcoin Rainer Michael Preiss - Executive director at Taurus Wealth Advisors Now Rainer Michael Preiss, executive director at Taurus Wealth Advisors has said some financiers are very wary of Bitcoin. He said some believe cryptocurrency is an unwise investment because of its volatility and weak store of value. "Of course, if you run a very large U.S. bank, most probably you are afraid of blockchain and bitcoin," said Mr Preiss. However, the Singapore-based wealth advisor who believes in the strength of Bitcoin, which is essentially an alternate way to store wealth, said it could be leading the 'fourth industrial revolution'. He told CNBC cryptocurrencies could present investors with a viable alternative given the uncertainty from banking's lack of transparency. "The concerns are about the fractional reserve banking system, and the balance sheet of the Federal Reserve at $4.5 trillion, where the Fed officially refuses an audit," he said. "On the other hand, on the Bitcoin blockchain, you have an audit everyday because it's open-sourced." Bitcoin uses blockchain technology to record every single transaction that is made, which means all users will get a full view of the digital ledger. Patrick Byne scoffed at the recent remarks by Jamie Dimon A positive aspect of Bitcoin however, says Mr Preiss, is that cryptocurrencies could be a 'systematic hedge' against the risk of asset price inflation, an increase in the prices of assets that are not everyday items, which central banks have potentially helped to create. CEO for internet retailer Overstock Patrick Byrne scoffed at the recent remarks by Jamie D Continue reading >>

Why Do Banks Fear Bitcoin Bitcoin Documentary Bankersworstfear Com @bankerworstfear : Bitcoin

Why Do Banks Fear Bitcoin Bitcoin Documentary Bankersworstfear Com @bankerworstfear : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary) [futuremoneytrends.com]

Why Do Banks Fear Bitcoin? (bitcoin Documentary) [futuremoneytrends.com]

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Blockchain Indonesia - Masrizal Academy

Blockchain Indonesia - Masrizal Academy

Blockchain Indonesia - Masrizal Academy - Digital Marketing Indonesia - Digital Literacy Indonesia - PT Sintola Solusindo Dinamika - Provide The Premium Digital Marketing Training and Branding - Knowledge Management and Digital Literacy in Indonesia Included The Google Platforms Training II eMail: [email protected] II WA / Mobile : +62 - 812 - 9061720 Why do Banks Fear Bitcoin? (Bitcoin Documentary) - [FutureMoneyTrends.com] Kampus Digital Indonesia - Digital Campus Indonesia Digital Marketing Indonesia - Digital Literacy Indonesia PT Sintola Solusindo Dinamika - Masrizal Academy Digital Marketing Indonesia - Digital Marketing Consultant Indonesia - Digital Branding Indonesia - Digital Marketing Training Indonesia - Digital Literacy Indonesia Provide The Premium Digital Marketing Training and Branding - Knowledge Management and Digital Learning in Indonesia Included The Google Platform Utilization Training II Established and Developed by @Rizal2407 II - eMail to : [email protected] II [email protected] II WA/Mobile : +62 - 812 - 9061720 Tags : #DigitalLearning - #DigitalMarketing - #DIgitalBranding - DIgital Marketing Training Indonesia - Digital Marketing Consultant - Digital Learning Assessment - Digital Branding Indonesia - Digital Marketing Jakarta - Digital Marketing Indonesia - Digital Marketing Training - Digital Branding Indonesia - Digital Learning - Digital Learning Indonesia - Digital Learning Jakarta. #DigitalMarketingTrainingIndonesia, #DigitalBrandingIndonesia, #DigitalMarketingConsultant, #MarketingIndonesia, Marketing Indonesia, Digital Marketing Indonesia, #DigitalMarketingIndonesia #digitalliteracy #digitalliteracyindonesia Digital Literacy Indonesia #DigitalLiteracyIndonesia Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why do Banks Fear Bitcoin? (Bitcoin Documentary) - [FutureMoneyTrends.com] FutureMoneyTrends.com/bitcoin to get your FREE Bitcoin report The Bankers & Banks Worst Fear Website is no Longer Active, we apologize Lol 2013 video this video could of made you a millionaire Life is not in the abundance of ritches. It grows wings like eagles and flies away. Ecclesiastes Psalms Proverbs and new testament. Read Revelation. know Bankers dont fear bitcoin .. Wtf . they can create ther own . blockchain is free and open source . these videos are selling points so dumb ass millenials can buy into it .. Smh The world's banking system and the people who control it do not "fear" bitcoin... If they wanted to they could simply call up the government and tell them to make it illegal. That's what they did in the US in 1933 when people started trading in gold because of the great depression... They simply made it illegal and took everybody's gold. If you bought bitcoin at 20k and then wanted to buy a house recently then you would see this argument is B.S. as the dollar value was below 6k, good luck trying to get that discount. It has now shot back up 1000 dollars in one day this is far too unstable to be unusable for most people. People who was hating years ago, looks whos laughing now, bitcoiners rich asf How do you mine a bitcoin? Its digital its not a piece of coal in a coal mine . Its not tangible. How are people mining something thats not real.. ? The only other terminology I could understand would be someone hacking the network to get more bitcoin illegally and calling it mining.. I recently bought a house in a foreign country. My bank here in the US charged me $75 for the paper work and they wanted to charge me 3.2% of the purchase price to convert the dollars. I ask the seller if the Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why do Banks Fear Bitcoin? (Bitcoin Documentary) - [FutureMoneyTrends.com] to get your FREE Bitcoin report The Bankers & Banks Worst Fear Website is no Longer Active, we apologize I wanted to buy a hundred dollars US worth of bitcoin in 2009 but I let my brother talk me out of it. I've been kicking myself ever since (I should be kicking my brother instead). In search of a fast and legit hackers? try out realroyaltyhackers.wordpress.com they are the best,just got a transfer of $20,000 from them correction at 9:26 my friend. it WASN'T banks who created the 2008 crisis, it was government policy directing banks to make mortgages available to poor people who would never otherwise qualify.banks are NOT charities .like any business they need to make a profit or they go bust. no way the banks agreed to this bad risk venture without government assurances of "intervention" if things went bad.bankers did NOT commit a crime! elected officials DID in order to get votes. Its now 2018. I sure hope everyone who saw this video at the time it was published invested some in it. This was an awesome idea then and it still is now To use bitcoins you still need it attached to the dollar. The banks created bitcoin and control it so why would they fear it silly? I recently bought a house in a foreign country. My bank here in the US charged me $75 for the paper work and they wanted to charge me 3.2% of the purchase price to convert the dollars. I ask the seller if they had a USD account and they said they did. I canceled the wire and sent the money to the sellers dollar account and avoided paying the GREEDY bankers the thousands they were trying to steal from me. I told the girl that was handling the transaction "this is why banks say cryptocurrency is a ponzi-scheme". If I could've bought this Continue reading >>

Why Do Banks Fear Bitcoin Documentary

Why Do Banks Fear Bitcoin Documentary

Why do Banks Fear Bitcoin documentary. 2013. The basis of ANY currency or exchange mechanism, is based on one and only one precept, that being a mutual agreement. This applies to gold, paper and bitcoins. The ONLY difference between the three, is the first two are dictated to by those who have a vested interest in retaining power/control over our money. We have been brought up to agree by default. Crypto Empires is a independent promotor for USI TECH. USI TECH makes owning bitcoin easy, it is the worlds first FULLY automated #Bitcoin platform with a lifetime passive income. To become a member with USI Tech you have to be invited to join. Please request your Invitation Registration Link from the person who first introduced USI TECH to you If by chance you came across this video organically and no one shared it with you, I would then like to invite you to partner with us. Join our team Crypto Empires, we offer you our full support to help you build your very own Crypto Empire. Please Private message once you have registered so we can help you get started. Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary)

Why Do Banks Fear Bitcoin? (bitcoin Documentary)

Why do Banks Fear Bitcoin? (Bitcoin Documentary) Join Coinbase (Get $10 for free with your first $100 purchase of Bitcoin): Join Genesis Mining (Use my code " 0U9qvO " to get 3% off): Join Hashflare Mining: Join Changelly (Buy Cryptocurrencies Here): Join Coinmama (Buy Cryptocurrencies Here): Join Cryptopia (Buy Cryptocurrencies Here): Join LocalBitcoins (Buy Cryptocurrencies Here): Join NovaExchange (Buy Cryptocurrencies Here): Get The Exodus Desktop Wallet: Get The Ledger Blue Hardware Wallet: (Be Smart Secure Your Wealth With A Ledger Blue!) Payza is the next Paypal! Get a Payza Debit Card Here Now! YOU CAN SPEND BITCOIN & ANY ALTCOIN WITH THIS DEBIT CARD! Payza | Send Money, Receive Payment, Money Transfer, Shop & Sell Online Also, Get a CryptoPay Debit Card Here Now! Cryptopay | Get 25% off all Cryptopay bitcoin debit cards! Shop @ THE BEST BITCOIN $TORE Bitcoin: 14JUaHT4asYL88JUA3Gnde7wurRV59wd5C Continue reading >>

The Impact Of Cryptocurrency On Banks

The Impact Of Cryptocurrency On Banks

It is completely true that most of the banks simply cannot turn their eyes away from the fact that the cryptocurrency is booming right in front of them and they cannot do anything about it. The guardians of official money do not have an adequate answer to the digital coin challenge and all around the world, the banks are urging to find a way how they can heighten their oversight. All this underlying cryptocurrency technology seems to simply is too much for the central banks. This only means that they will not let this pass unnoticed that is for sure. The major central banks officials watched with joy as the aforementioned technology pioneered its first steps into the world economic system. Little did they know that this technology will become so enhanced and upgraded and even become a threat to their way of doing things. In fact, today cryptocurrency has become more of an increasingly pervasive technology and it seems that the officials of the banks are too late to react to both the opportunities and pitfalls of the digital coinage. It has become clear to them that cyber currencies are much more than toys and they cannot afford to ignore this fact anymore. They have realized what is going on here and how cryptocurrency could become a bit of a problem in the near future. Especially bitcoin which is the largest digital currency known to the world. Bitcoin peers pose a serious threat to the money system being established by the banks so far. These peers found a good way how to use bitcoins to circumvent the established money system and turn it to their advantage and the banks do not like this at all. What we know as money, greatly depends on the state authority for credibility and the banks play the main role in managing both the quantity and the price of it. Cryptocurren Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Bitcoin, first introduced in 2009 as a relatively new technology in today's ever changing world. Bitcoin is a digital currency, a revolutionary tool that is changing peoples lives, as did smart phones, ebay, YouTube (Oppa Gangnam style!) Gangnam style! And even the internet itself You can communicate with people live anywhere in the world by typing on the keyboard You've got mail! The bitcoin network facilitates the instantaneous transfer of value across any distance over any borders to any place on earth. Specifically it allows any person in any place with an internet connection to receive and transfer value. To send $8000 Western Union would charge you $336. In contrast any value of bitcoin can be transfered with a fee of no more than 2 cents at today's exchange rate. Besides being able to transfer wealth instantly bitcoin is highly valuable, because in its specially designed software, the supply of currency units, also called bitcoins, is increased at a steady rate. New bitcoin creation will only cease in the year 2140 with a total of 21,000,000 bitcoins. As of September 2013 there exists in circulation over 11,500,000, over half the supply that will eventually be mined. Mining bitcoins is the process by which new bitcoins come in to existence. They are created in blocks, and currently 25 bitcoins are mined per block. Blocks are generated about every 2 minutes as regulated by the software code and the sent computer that mined them. The best miner is the one with the most computational power, but it is also based on luck who wins the award. A rough estimate would put the total number of bitcoin miners at 100,000. This mining process is more specifically Future Money Trends: Alright Emmanuel, lets start out with your website Emmanuel Abiodun: Cloudhashing.com When did Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary) [futuremoneytrends.com] Video

Why Do Banks Fear Bitcoin? (bitcoin Documentary) [futuremoneytrends.com] Video

Why do Banks Fear Bitcoin? (Bitcoin Documentary) [FutureMoneyTrends.com] Video Why do Banks Fear Bitcoin? (Bitcoin Documentary) [FutureMoneyTrends.com] to get your FREE Bitcoin report The Bankers & Banks Worst Fear Website is no Longer Active, we apologize Discover UpcomingInvestment Oppertunities in 2018! When bitcoin is used, and fiats fail, a bitcoin will be worth One, and spent in bits. but, you won't care, you'll understand what debasing currencies mean, fiat means, and the how, and why every fiat currency ends in zero. each country just blockchains their own national currency, problem solved. Man the government could lock you up and a criminal can kidnap and beat your ass until you give up your private key so save it on the crime proof element of Bitcoin. That is total non sense. Plus the government can use the NSA to get your private keys any time they want, right???? Child-murdering feminist harlots will hate alternative money since it denies their matriarchy governments from taxing peaceful men who wish to live free of the howling, manhating, parasite witches. They are manipulating bitcoin prices. Banks are using the meidea to hype bitcoin up like a bubble that will bursts. When it bursts it will fall in value and people will lose faith in crypto currency leaving us unfaithful and make us stick to normal currency. This way banks will stay in powe. Major thumbs down on this PHISING SCAM website of How is bitcoin inflation proof until 2040 hits? There are bitcoins added everyday and as the value of a bitcoin changes if it falls below the exchange rate of goods? that guy paid 20 grand in todays bitcoin rate for that laptop. But really, people are only buying bitcoin because the value is increasing.. which then in turn.. they will sell it again for dollars so they Continue reading >>

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Why Do Banks Fear Bitcoin? (bitcoin Documentary) - [futuremoneytrends.com]

Film, clip - guarda gratis, condividi online Why do Banks Fear Bitcoin? (Bitcoin Documentary) - [FutureMoneyTrends.com] FutureMoneyTrends.com/bitcoin to get your FREE Bitcoin report The Bankers & Banks Worst Fear Website is no Longer Active, we apologize Lol 2013 video this video could of made you a millionaire Life is not in the abundance of ritches. It grows wings like eagles and flies away. Ecclesiastes Psalms Proverbs and new testament. Read Revelation. know Bankers dont fear bitcoin .. Wtf . they can create ther own . blockchain is free and open source . these videos are selling points so dumb ass millenials can buy into it .. Smh The world's banking system and the people who control it do not "fear" bitcoin... If they wanted to they could simply call up the government and tell them to make it illegal. That's what they did in the US in 1933 when people started trading in gold because of the great depression... They simply made it illegal and took everybody's gold. If you bought bitcoin at 20k and then wanted to buy a house recently then you would see this argument is B.S. as the dollar value was below 6k, good luck trying to get that discount. It has now shot back up 1000 dollars in one day this is far too unstable to be unusable for most people. People who was hating years ago, looks whos laughing now, bitcoiners rich asf How do you mine a bitcoin? Its digital its not a piece of coal in a coal mine . Its not tangible. How are people mining something thats not real.. ? The only other terminology I could understand would be someone hacking the network to get more bitcoin illegally and calling it mining.. I recently bought a house in a foreign country. My bank here in the US charged me $75 for the paper work and they wanted to charge me 3.2% of the purchase price to Continue reading >>

Why Bitcoin Scares Banks And Governments

Why Bitcoin Scares Banks And Governments

Bitcoin offers an alternative to the conventional, state-sanctioned banking system. Maybe that's why powerful institutions are so wary of it Thevirtual currency Bitcoin, which last week reached $147 for a single coin. Photograph by Zach Copley Bitcoin offers an alternative to the conventional, state-sanctioned banking system. Maybe that's why powerful institutions are so wary of it First published on Saturday 6 April 2013 19.05EDT Among the many unpleasant discoveries made by those who stashed their cash in Cypriot banks is that the island's government could stop them moving their money elsewhere. Capital controls are supposed to be a thing of the past, a figment of the pre-globalised world. But it turns out that when banks are threatened, the gloves come off. One of the side-effects of this rude awakening seems to have been a surge of interest in a virtual currency called Bitcoin . At any rate, the price of a single Bitcoin reached $147 at one point last week. And people are buying and selling this virtual stuff for what we laughingly call real money via more than 40 online exchanges such as Mt Gox, though when I last looked Mt Gox was temporarily offline as a result of a denial-of-service attack that might have been the work of any number of possible suspects: cyber vandals; hackers hoping to sow uncertainty in the market to bring prices down and make a killing; or, for all we know, even the US government, which takes a poor view of people minting their own currency, even if it is virtual. The Bitcoin phenomenon is one of the most intriguing things to have happened in cyberspace since the invention of the peer-to-peer networking that undermined the music business and enabled developments such as Wikileaks. It's an invention of a mysterious and, to date, unidentified Continue reading >>

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