All the banks are against Bitcoin because they are left out of the transaction so make no commissions. Of course we should thank the banks for doing such s great job in everything they do ,.... yer right!!!
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bitcoin doesn't "support" illegal activity. criminals will use it just like they use AUD & USD.
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The banking business can be likened to Telstra fixed line telephone service, when cheap mobile phones hit the market.
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Every crypto account i deal with is KYC top level verified with passport, utility bill proof of address, email and phone verified. Verified to electronic transaction money laundering monitoring centre standards. If 10k up reportable traceable but not illegal transacting.
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Try sending money international instantly 7 days a week with no echange rate spread and fees that cost next to nothing approx $4 on $10,000. Bitcoin does this now. Banks are running scared
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News for you








Giddy up #bitcoin By the way more crypto dynamite coming your way
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It seems that its the banks that are money laundering 53800 counts at one bank Comm Bank, in trouble with ASTRAC.
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Crypto already does what Visa PayPal MasterCard does, real use, less fees and tied to a deflationary currency.
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The tax take on profits will be a massive windfall for governments, that just gets bigger. Blockchain is much more than Bitcoin, Ethereum is Wall St Apple Microsoft... backed it will settle stocks no delay.
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If all of the money in the old economy transitioned to the peoples choice economy. Would it look like a bubble the likes of which the world has never seen. Its like the internet and its 1996.
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Bitcoin is being invested in behaving like a stock while it is all being mined, but its not shorted by the banks, no high frequency bot trading. Like gold without the ETF price suppression manipulation. Banks crash stocks gold devalue currency fix the market.
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There are billions of people in the 3rd world with no banking. But with access to Crypto on a phone. This is real growth.
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yep, ever since i labelled it crypto-decentralisation on me twitter, now they bitches think not to fuck with something with more complex mathematical repercussions then exotic derivatives and shit.
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The old economy supported 100% of money laundering before, its an excuse to control us to say Bitcoin is responsible. Banks need instant transfer with no exchange rate spread lower fee to compete.
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Buy it then!
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