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RE: DTube - ECB Prepares For MASSIVE Bail-In Of European Banks! - Your Money Is NOT Safe!
The banks, are no longer relevant under the might of cryptos!
The banks, are no longer relevant under the might of cryptos!
The banks love cryptos- it will help them create a global digital currency. They will create their own crypto and force everyone on it with draconian penalties for rebelling. A microchip won't be far behind.
You have a very basic understanding of blockchain. What the technology does is to decentralise systems, it negates the need for any centralised power. It adds uncrackable security to this so human greed and weakness is no longer a factor. Yes the banks can run their own centralised blockchain but you won't need to use them, like Apple runs itunes but anyone can download music peer to peer elsewhere. They can't stop it all they can do is create centralised versions and hope people are dumb enough to use their version. Also why microchip a population that willingly carries a tracking device which also tells them all relevant information on you ..... the mobile phone has been here a long time already. Maybe watch Alex Jones a bit less and research a bit more.
Do you think the Central Bankers are going to create a decentralized anonymous blockchain? No way. They are going to track everything you do and force you on their centralized crypto. The microchip is already here and people don't always take their phone with them. This problem is eliminated with the microchip.
Theres already a decentralised blockchain if you understand what decentralised means then you'd know your contradicting yourself using the word 'allow'. We don't need permission from our masters thats the point. People like you really are the lowest of all human beings. Your well aware of all the problems, your clearly not on the side of banks or authority yet you get some sort of kick out of trying to destroy people and projects who are really trying to bring freedom. You must be real proud. .
Really? So if the Govt says they will throw you in jail for using a decentralized crypto, you would still use it? You may, but a lot of people won't risk jail.
More unbelievably uneducated comments. actually in mainland China its technically punishable with the death penalty for using cryptocurrency yet many of them with an understanding of anonymity still use it. People like you don't want real change you want to come up with excuses and cower behind your keyboard while the brave and innovative people work hard and risk all for your freedom. If we all use something government can't throw us all in jail but they dont need to because they just scare the cowards among us and because you willing obey, you drag everyone into complying.
The death penalty in China? Can you send me a link showing who they've killed and/or arrested for using crypto?
Illegal Trading, can potentially carry the death penalty in China and crypto is a very grey area still as to its legalities. I never said I had proof anyone had been given the death penalty I said "technically you could face the death penalty" meaning its a potential risk. Remember ICOs have only just been banned officially and these constitute illegal fund raising, a crime punishable by execution as I believe the following article shows.
http://www.businessinsider.com/chinese-white-collar-criminals-death-sentence-2013-7?IR=T
FYI: https://steemit.com/bitcoin/@justicia/us-senate-bill-s-1241-to-criminalize-concealed-ownership-of-bitcoin
Of course, you did't think the worlds greatest ever criminal cartel will go down without a fight? I think your own post contradicts what you began saying in these comments. you first made the point that central banks and governments 'love crypto' and now you changed the point to them wanting to regulate and control it. Neither will work, you cannot regulate nor control the mechanisms of mathematics. Maths exists with or without government. If bitcoin becomes regulated and controlled then users will move to Monero or any other privacy coin. This is the beauty of Blockchain, THE CENTRAL BANK KILLER! the power at last lies in our hands its a real shame to see people who are still afraid to use it.
If you force people to declare their transactions, that is the first step to control.
Very true but if you have a Technology that means your transactions are private then thats a step towards freedom. You may of heard of a thing called cash? That allows a private transaction between two transactors without a third party. Crypto does the same but digitally.