Its becoming blatantly obvious to me that banks are run by crooks .if my business was doing badly the banks would pull the plug on my account .but if banks are doing badly they get a handout.everyone needs to go bitcoin to teach these thieves a lesson
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I work in a bank. There is this prevailing misconception that if your business was doing badly the banks would bail on you. This is the opposite of truth. If your business is doing badly, the bank will offer you the rope to hang yourself with. The bank will only bail on you when you're in financial ruin, entirely broken, and has no more assets to be seized.
And yes, I hate my job, and no, I don't do this to people. I work with social security payments.
I salute your honesty
what happens when the banks regulate cryptos by marching orders of governments?
we make something else.
gonna start mining gold?
I don't know. I'm pretty sure before bitcoin was created people thought the same as you do now. All I know is that the people that created bitcoin did so for a reason, and the reason certainly wasn't so it ended up regulated by banks.
turn off the power.
now, where is your bitcoin?
I agree it's shitty, but this is more of a matter of economics than anything else. A failure of a major bank (e.g., Lehman Brothers) is an economic nuke. I totally agree that fraudsters within banks need to be criminally prosecuted, which didn't happen in the '08 recession, but letting banks fail harms the public more than those who own the bank.