Spotted In New York: Bankers Against Bitcoin

As went the 'horse-and-buggy', so goes the great American banker...

As Blockchain Week begins, the streets of Manhattan see 'Bankers Against Bitcoin' protesting that "Bitcoin ruined our business model," and "give us back the remittance industry"...

 

And in case you were wondering, Genesis Mining CEO Marco Streng explains...

As you can probably tell, this protest is meant to be a joke.

But this joke today is going to be the reality in the very near future.

This protest is representative of what will happen to those industries and companies that fail to understand times have changed.

Legacy industries that have gone unchallenged for decades will soon begin to see their monopoly slip away.

The consumer abuse that’s been possible due to a lack of competition is over. The biggest competitor big banks have ever faced has arrived and it’s not a company or organization, it’s a decentralized technology.

It will soon no longer be possible to charge the poorest people in the world exorbitant fees to send money back home to support their families.

Industries like the lucrative $15 billion overdraft industry that enrich banks will soon disappear.

And all the middlemen who’ve built business models simply from being in the middle – will see their control slowly slip away.

These are just a few of the hundreds – if not thousands of examples of the industries blockchain technology will disrupt.

As Jamie Dimon once said “Silicon Valley is Coming to Eat Our Lunch”.

Well Jamie, and all the others who stand to be disrupted – Bitcoin will be coming for a lot more than just your lunch if you fail to adapt to the new world we live in.

Read more here...

Comments

Old Skool Ali Tarpate Tue, 05/15/2018 - 08:24 Permalink

Conspiracy time:

Banks were a great way for families owning them to get super rich through sneaky and unbelievably devious means, which then allowed them to diversify power into control the masses & governments.

It looks like the elites (Rothschild's et al) are now removing that abusive ability to prevent newcomers to enter their power market.

Blockchain tech does undermine existing banks, which have likely come to the end of their useful existence in delivering said power.

However, blockchain tech also prevents any families from climbing the power tree. There are enough at the top of the structure that no more new money/power is needed or requires sharing. The elite status quo is being frozen.

Blockchain based finance will allow people to get rich but never to the extent equal to the power that owning banks did in the past because you can't abuse and screw the transparent self-enforcing system like you could with the opaque banking operations.

In reply to by Ali Tarpate

gdpetti Old Skool Tue, 05/15/2018 - 11:00 Permalink

Blockchain or Hashtag or whatever is meaningless... as it's all focused on the OWO... which is being taken down... the banks won't be needed much longer as the NWO is setup on its ashes... the whole crypto craze is just more noise to keep the herd distracted from reality... same as so  many 'tools'... media, religion.. wars... all of it is self serving...

Most people will be dead or dying within another decade.... plagues follow the comets everytime... not to mention all the other EM field disturbances as the lithosphere shifts.. .sinkholes? who ever heard of them growing up? They are  normal now... same with our manipulated markets... normal!

Bankster manipulation? normal... always has been, but now exposed into the open, free will laws apply... all of which is used to take down the OWO.. .by the same crew of SG that set it up and control it... they are setting up their NWO... even if it's said, their side/polarity already lost... .best if the 'puppets' don't see the strings... or if they do, don't believe in them... or don't believe they aren't in control of the strings themselves... self censorhip applies... delusion... wishful thinking... all tests of our minds... .face the light of truth or stay in the dark of lies.

In reply to by Old Skool

FBaggins Arnold Mon, 05/14/2018 - 19:27 Permalink

To me this looks like the bankster managers induced their employees to get out and demonstrate, because when the layoffs come they can blame the cryptos, while at the same time it is the banksters and billionaires who have invested most in the new currencies and have been fiddling the market this way and that. Like the with stock exchanges the same money wizards make money both ways by driving stocks up and down. As for insider trading, bah - those laws are only there to curtain the competition. 

In reply to by Arnold

Disgruntled Goat Dr.Strangelove Mon, 05/14/2018 - 21:16 Permalink

I dont give a fuck how much it costs to send money to Mexico .... and yo, asshole, if you are referring to Mexicans in the US as "the poorest people in the world trying to send money back home", well, then go fuck yourself ... count up the hundreds of billions in social services they are sucking up here and then recalculate exactly how poor they are ... idiot

In reply to by Dr.Strangelove

Ms No Mon, 05/14/2018 - 19:09 Permalink

Riiiight...  You can see what they did there.  Gold, hand over fist.  On the bright side at least this propaganda is more sophisticated than most, which means they believe that people involved in markets are not entirely retarded, just mildly.

_SILENCER Mon, 05/14/2018 - 19:34 Permalink

Can't Stop The Signal.

 

 

Winklevoss twins are making LTC available on the Gemini exchange.

Now's the time, before our masters own it and control it all.

 

 

any_mouse . . . _ _ _ . . . Mon, 05/14/2018 - 21:24 Permalink

It was satire. Parody. Street theater. Kabuki theater.

Airing the idea that crypto currencies based on electrons are the enemy of the money changers.

Meanwhile, does anyone really know who is behind crypto currencies?

You really think that a people involved for centuries with money and banking, a people that excel at mathematics, would have nothing at all to do with the creation of crypto currencies?

 

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