The banksters are worse than anything crypto could ever do
Yellen and her cohorts like to talk about bitcoin and crypto being used to finance illicit activities, whatever that means exactly.
Never mind the fact that multiple research firms have pointed to only a tiny amount of bitcoin transactions likely being involved in anything nefarious, including by firms that the federal government is contracting with to help catch tax evaders.
Never mind that little detail for a bit.
Banks and the banksters are enabling far more nefarious activities than anything going on crypto.
Just about every year, it's estimated that roughly $2 trillion dollars is laundered through banks.
That's trillion with a "T"!
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Where's the call to reign in banks? Where's the call to ban banks? Where's the call for more regulations?
And I'm not even talking about how they can hold your money, lend it out without your approval, not have it on hand when you request it, and charge you negative interest rates and fees to use your money.
And don't even get me started on cash............
Oy vey! (I'm not Jewish, I just like the phrase) (not that there's anything wrong with it)
Anyone that is using bitcoin for anything nefarious is asking to be caught. If I am trying to keep what I am doing private the last thing I would use is an open ledger.
I don't think these politicians fully understand this.
The regulators that do understand this should actually be encouraging adoption and use of bitcoin since they have a better chance of monitoring that than they do cash.
You hear that Yellen, stop attacking bitcoin and start promoting it and you'd actually catch more of the bad guys!
No charge for this free advice I just gave you.
Posted Using LeoFinance Beta
How long are you going to continue dumping Hive for Steem whilst copying the same post on both chains?
Time this stopped for sure
I'm not selling HIVE for STEEM.
In that case ALERT!
Someone's hacked into your Steem account and has been buying Steem and Powering Up!
Change your keys NOW!
That's really sad.
Posted Using LeoFinance Beta
Looks like he has milked it here and is almost a Steem whale with 450K+ STEEM powered up.
Posted Using LeoFinance Beta
Saddening to see. What was it, 7 million STEEM/SP taken from witnesses running this chain?
I think it was more than that - plus all the others who weren't witnesses and some large dormant accounts. If I remember correctly, it was close to 20.
I wonder how they feel about folks still cross-posting and dumping HIVE for that centralized piece of shit.
I don't know - perhaps they don't realize? Maybe they don't care?
From the article:
I am guessing this is how they justify their behavior - I am bad, but not the worst. Complain about banks, yet mimic their extractive behaviors?
Who said I was selling HIVE for STEEM?
Oy vey, indeed!
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Yellen should look at Deutsche Bank and stop talking about technology she doesn't understand.
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I... HATE... BANKS!
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Classic Jerry Sienfield. I know he is jewish and I like him. Even though, I am not jewish not that there is anything wrong with that.
Not that there's anything wrong with that. That's coming to Netflix sometime soon right?
You're right. Seinfeild will be on Netflix this year according to https://www.vulture.com in 2015.