banker scared of something that threatens banks. shocking

I guess it makes sense in Latin America where you might have a new government next week that confiscates any wealth. A speculative asset in the first world is likely worth more than a valueless third world currency.

Any developed economies that aren't purely based on drug money and tourists? A large portion of LA economy is money laundering and other illicit activities which is what cryptos are currently good for.

Once it becomes common, if ever, it will definitely be regulated as any other currency. Im curious as to why a retailer in a developed economy would accept it at all, or what the benefit to me is over using my Amex? Why should papa John, for example, accept it instead of telling me to convert it to USD at my own cost

The advantage in using it is that you get no purchase protection whatsoever. It’s untraceable. If you hold it as a store of wealth, it’s uninsureable.

The misc tells me however that these are not flaws but features..

Couldn’t your bank just stop you from sending/etrasfering and accepting money Crypto companies?

Then what happens? Genuinely curious.

Couldn’t your bank just stop you from sending/etrasfering and accepting money Crypto companies?

Then what happens? Genuinely curious.

Anytime I transfer over $10k anywhere my bank blocks my account and I have to call them to explain why I’m transferring, if I’m a victim of a scam, who’s trying to convince me to send the money bla bla. One time I sent it from my own account to my other account and I had to deal with the same ****.

I actually have 2 banks in the UK that both make me do this.

Literally feels like the money is not mine and that I’m a criminal. Some of the questions they ask are so invasive.

This is why I love Bitcoin. My keys, my money. I transfer it where I want when I want and use it how I wish.

Like what? Buying kiddie porn?

Like what? Buying kiddie porn?

Crypto has a lot of forces against it. Bankers and governments are threatened by it it will at some point either be destroyed or replaced with state-regulated crypto.

https://99bitcoins.com/bitcoin-obituaries/

You'd think the retards who come up with literally the first thing anybody thinks as a case against Bitcoin would have learned by now.

This forum is Dunnings Kruger at its best, I recall the following threads:

1. $200 - miscers said it was too late in 2013 and it is going to collapse
2. $500 - miscers said it was too late in 2014 and it is going to collapse
3. $1000 - miscers said it was too late in 2016 and it is going to collapse
4. $5000 - miscers said it was too late in 2017 and it is going to collapse
5. $20000 - miscers said it was too late in 2018 and it is going to collapse
6. $34000 - miscers said it was too late in 2021 and it is going to collapse - YOU ARE HERE

US treasury OCC approves settlement in fuking Bitcoin lmfao:

https://www.financemagnates.com/cryp...s-above-38000/

So some random convicted of half a billion dollar fraud, has the ultimate truth on the subject?


Or whatever source aligns with my preexisting beliefs is a good source?

That’s all great except at none of those junctures did I, Samsbolton, call the top.

I have now. It’s over. Cash out of this crap while you still can, cryptonerds

dont see a single coincel anywhere talking about taking profits

guess they will just ride the wave to the bottom

Been mining for a while, sold and made $5200. Yippee.

Nice.

Did you write to me another thread about mining ETH?

dont see a single coincel anywhere talking about taking profits

guess they will just ride the wave to the bottom

taken over $200k profits and as of today have around $1.2 million still in, which should be well north of $10 million by Bitcoin and the market's peak for this cycle later this year

nothing more pathetic than nocoiner seethe. literally been comically wrong for 12 consecutive years.

Yeah we definitely need unelected undemocratic people running our currencies who can print extra money at their leisure. Let's go central banks!

Yeah we definitely need unelected undemocratic people running our currencies who can print extra money at their leisure. Let's go central banks!

President of the European Central Bank Christine Lagarde has called for global regulations on Bitcoin, labeling the cryptocurrency “reprehensible.”

Lagarde made the comments during a Reuters Next conference earlier today, during which she asserted that Bitcoin was not a currency.

The former head of the IMF, who was previously found guilty of financial negligence by a French court over a €403 million arbitration deal in favor of businessman Bernard Tapie, went on to accuse Bitcoin of being heavily embroiled in criminal activity.

“(Bitcoin) has conducted some funny business and some interesting and totally reprehensible money laundering activity,” said Lagarde.

The ECB head went on to call for Bitcoin to be regulated by financial authorities.

“There has to be regulation. This has to be applied and agreed upon […] at a global level because if there is an escape that escape will be used,” she said.

Globalists and technocrats have long begrudged Bitcoin because it is decentralized and therefore impossible to come under the control of centralized financial institutions. The cryptocurrency has also provided a refuge for dissidents who have been deplatformed by regular financial services and institutions over their politics.

Bitcoin recently soared to a record high above $41,000 dollars but has since fallen back to around $35,000 dollars.

After the cryptocurrency previously hit a record high of above $17,000 dollars at the end of 2017 it then sank bank to around $3,000, emphasizing the wild volatility of the asset.