As a decent person, I think that bank CEOs that leak private financial details in an attempt to lie and smear someone should get the same treatment that the ebay execs got for their nefarious activities: jail https://www.cnbc.com/2022/09/29/former-ebay-executives-given-jail-time-for-cyberstalking-scheme.html It's seems that you've now gone from pretending that no one has been de-banked to making excuses for it now? So if you didn't care if it was happening, why did you pretend that you knew for sure it wasn't? I'll spell it out. I don't think billion dollar businesses, especially billion dollar businesses with extremely tight government ties should be able to try to crush private individuals. I find the whole "but our reputation" argument to be especially disingenuous. You'll note that a creep like Epstein had no trouble, not only accessing banking services, but meeting with bank executives and acting as an "investment manager" (which was probably a blackmail/money laundering scheme.) Who the heck has Leslie Wexner give them a Manhattan apartment? And yes, I also don't think it would be ok for a conservative megabank to start trying to figure our individual people's positions on abortion and deny them service as a result. Besides that there are potential issues of collusion: with the government, with the media and with other banks.
"NatWest Group is a British banking and insurance holding company, based in Edinburgh. It is 62% taxpayer-owned and subsidised. The group operates a wide variety of banking brands offering personal and business banking, private banking, insurance and corporate finance through its offices located in Europe, North America and Asia. Its main UK subsidiaries are: Royal Bank of Scotland NatWest Ulster Bank Ltd Coutts & Company " https://www.wikicorporates.org/wiki/NatWest_Group_plc Tell me another lie about how they're a "private company". The government literally owns the controlling interest in the bank.
It is a private company, the UK is well know for diverting public funds into private companies. For some reason the second screenshot does not render fully, you'll have to click on it to get educated.
I already said for personal reasons... but an analogy would be sufficient... i.e. Someone very close to me is an elected official from the Democratic party
based af "neutrality is a principle in itself... neutrality is the most important principle in Bitcoin" -Andreas gave this lecture 10 years ago, but it seems more appropriate had he given it yesterday I wish we were not on opposing side of the Bitcoin debate, but it is what it is and I find myself humbled with high respect for your viewpoints I won't convince you of Bitcoin, but if for some reason you find yourself with a lot of free time, I would recommend a couple of books that are extremely compatible with your arguments here on the thread The Bitcoin Standard (of course, why not, lol) and The Sovereign Individual (predates Bitcoin by over a decade) Money (not currency, which is a small subset) is being weaponized Money has many forms, liquid and illiquid, i.e. fiat, credit such as cc or line of credit, cars, jewelry, art, collectibles, real estate, bank account balances, stock brokerage accounts, money market accounts, bonds... bitcoin... stablecoins... crypto assets... shadow banks, private equity, etc ---------- Two years ago, during the crypto bull market, family members and friends were advising me to buy real estate (home) but I am aware of what RE is... it's a form of money. pseudo money. Illiquid money So I didn't I recently moved my family to Asia. I do not like what I'm seeing in the US and in the western countries, like completely being destroyed from within, the woke culture (even in the military which is quite odd, the contradiction of having the strongest military in the world), the foods, the need for medicating everything not cure, but constant management of symptoms, like a subscription model, constant revenue stream for the pharma industry, like Netflix When I was in the US, I went everywhere with a loaded gun and I knew it was not enough to protect my family, but I guess I was going to die trying Back to the thread topic... I sleep well every night because I have most of our savings, our net worth, in bitcoin. I still have money in the US banks of course, but if the banking system in the US collapses due to CRE or whatever contagion from the HTM securities, it would hurt, but not that bad It would have been a shackle or anchor had I purchased that RE 2 years ago US fiat ponzi monster needs to be constantly fed through endless wars, drop many bombs in the ME desert fatten the ponzi monster, the more proxy wars such as Ukraine, makes the ponzi monster happy, more aids to other nations, yum yum I have kids. I don't want them to end up fighting in a proxy war to support the fiat ponzi monster, nor be unhealthy through the foods and drugs feeding the fiat ponzi, nor be exposed to woke brainwashing from Mavel, Disney, California law passing gender affirmation stuff, and on and on TL;DR, I recommend the 2 books if you happen to have those excessively long free time. Godspeed
We are NOT ridiculing Bitcoin nor are we saying that it has no use. What we are saying is that Bitcoin is not what is touted to be; it has not fulfilled any of its purpose as it's intended so far. Originally Bitcoin is set out to achieve THREE purposes, 1) to be a store of value, 2) to achieve price stability aka eliminating or reducing inflation and 3) anonymity which provides a bit of protection for political dissidents or any vulnerable groups from being persecuted. So far Bitcoin's only achieved anonymity, and I would say remotely achieved anonymity and that unfortunately it is not just being used by political dissidents or any vulnerable groups for protection, but rather more by organized crime organizations to commit and facilitate their criminal activities. Bitcoin right now is far, far from being a store of value and is even farther from achieving price stability. Its price is even more volatile than fiat currencies. What goo To say it has no use, it's better to say it has no value. The only value that it has right now are all pumped up by early holders of Bitcoin very much the same as in any Ponzi scheme except this time what they are trying to pump up is a currency, a medium of exchange that everybody is supposedly going to use to transact one day. If a bank doesn't like you, you would just move to another bank. LOL It hardly constitutes any "removal from society" just because you are not being accepted by a certain bank. LOL To use the excuse of not getting funds frozen by a bank to use bitcoin is kinda lame. Honestly if a government really wants to freeze your account, no matter which coin you use, your account will be frozen. To escape from political persecution or from an abusive relationship is one thing, but getting above the law is another otherwise you are no different from those Jan. 6 insurgents.
to the point of the thread, maybe farage should use bitcoin (not eth) for his personal banking because he is such a polarizing public figure. It’s should be agreed: bitcoin is for terrorists, criminals, and alt right racists.
Nice try Dr. K However, to your point, it explains a lot why Mr Fink and Blackrock are all of a sudden a big fan
what did i try? I agreed with the OP and with you. A polarizing figure who spreads lies about COVID or who is a racist should use bitcoin (but not crypto in general) because they will likely be debanked. I don't know Blackrocks motivation for providing crypto services.