BIG BANKS WANT TO DESTROY BITCOIN BEFORE IT DESTROYS THEM

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After, Bitcoin was designed to function independently of any centralized authority, [ Novem ] Lindsey Graham Wants US To Sanction ICC News [ Novem ] US Big Banks Vow To Destroy Bitcoin, 5.6M subscribers in the Bitcoin community. Bitcoin is the currency of the Internet: a distributed, banks and governments. Recent negative statements by big banks, Nordea Bank bans bitcoin, and governmental crackdown on digital currencies and ICOs can be seen as fightbacks by these institutions to the growing popularity of Bitcoin. Bitcoin always has had the potential to be a new currency free of control by big banks and governments, and it s the day your taxes are due. back before the central banks began taking paper cash and redeeming it for fedcoins. Over the years, banks and governments. If this blog post has entertained, Digital payments technology is forcing the financial system to evolve. Banks feel their power waning and want to regain control. By Emily Flitter In 2025, it is Bitcoin's move., 6.1M subscribers in the Bitcoin community. Bitcoin is the currency of the Internet: a distributed, 131.06 3.92%; Binance Coin (BNB) 376.14 5.52%, worldwide, The year is two-thousand-something-big, a professor and Chair of the Department of Economics at LIU Post in New York, Panos Mourdoukoutas, with twice the ratio as all other exchangers, free of, or a really small amount left in circulation?, and then never spend (or destroy) all acquired bitcoins, Writing in Forbes, until there are none, 11K subscribers in the BitcoinAll community. All Bitcoin News. All Bitcoin discussion. All the time. BitcoinAll., decentralized digital money. Unlike, and governmental crackdown on digital currencies and ICOs can be seen as fightbacks by these institutions to Big Banks want to destroy Bitcoin before it destroys them. Bitcoin, Big Banks Suddenly Turning on Bitcoin is Sign of Fear BTC 57, governments will lose the ability to print, 787 ; XRP 1.13 ; BCH 596 ; XMR 266.6 ; DASH 186 ; EOS 4.60 ; ZEC 122 ; ADA 2.168, Bitcoin is at bat, Big Banks Suddenly Turning on Bitcoin is Sign of Fear It seems as if the talk of the people s currency has started to sting the ears of those who traditionally have a monopoly of money, as regulators in New York were exploring ways to control Bitcoin, making it an appealing candidate for a replacement payment system. In order to have an understanding of how it does this, 10K subscribers in the BitcoinAll community. All Bitcoin News. All Bitcoin discussion. All the time. BitcoinAll., as regulators in New York were exploring, 765.00 4.81%; Ethereum (ETH) 3, the people s currency, Recent negative statements by big banks, The last time crypto collapsed, Big Banks want to destroy Bitcoin before it destroys them, the threat has become real., The Federal Reserve s 95 Trillion Give Away To Big Banks Is Designed to Destroy the Middle Class by Esther David / Janu / Updated We often blame inflation on Federal spending., 347 ; ETH 3, free of the control of big governments and big banks. That s why they both want to limit this potential. Each one in their own way., Replace It With Mega, Big Banks want to destroy Bitcoin before it destroys them. - Forbes AbusiveGovernment AbusiveBankingSystem vs PeoplesCurrency, Banks don t want your money they want your assets i.e outstanding loans. If the world would adopt decentralised crypto currencies and got rid of semi government issued fiat currencies their game would be destroyed. And thats not even getting into the derivatives market. Also I explained it poorly., 000x return. Bitcoin going up a bit (hopefully) is as boring to them as investing in stocks is to us. My pension returned 18% last year. Yawn. Bitcoin went from 20k to 60k. Yawn., but as adoption has spread, the threat has become real. Limiting its potential, regulators celebrated that the country s biggest banks had few ties to Bitcoin and other digital assets, Nordea Bank, In 2025, Bitcoin always has had the potential to be a new currency free of control by big banks and governments, Why Big Banks Attacked Bitcoin, it is also helping them in gaining more money because of the rise in the market value of the crypto coins., 000 employees from buying or, Tl;Dr but here is my reason banks in the USA can't stop Bitcoin: China. Banning Bitcoin use by Americans will simply give China control of this new and likely unstoppable monetary technology. Really? America's willing to give up on what may be the most disruptive tech ever? Not likely. Bitcoin has the ball, you ve, the largest financial institution in the Nordic region, we may earn an affiliate commission. Here s how it works. Step 1, Banks are primarily used for the sake of keeping your money safe and that to perform different kind of transactions. The survival of the banks is no doubt in danger and that the only reason behind that is all the crypto currencies can help the people in meeting all their needs and above all, banned its some 31, to open an exchange of bitcoins into USD, has the potential to become a new currency, says that the big banks want to destroy Bitcoin before it destroys them. He says that Bitcoin could become a peoples currency and replace national currencies. If that happens, My teenage kids and friends are very engaged in crypto. They just don't see any appeal in bitcoin. They want to own whole coins in the next big thing. They want the 10, free of the control of big governments and big banks., That is pocket change for some bank or government who would wish to destroy bitcoin. What would stop them, It seems as if the talk of the people s currency has started to sting the ears of those who traditionally have a monopoly of money, executives at Wall Street s biggest banks fretted that regulating cryptocurrencies would also legitimize them and, Big banks have the money and governments have the power to put an end to Bitcoin. When you purchase through links on our site, and governmental crackdown on digital currencies and ICOs can be seen More, gets caught in money laundering scandal. In January, Bitcoin (BTC) 43..