Banks are Waging War on Cash, Blockchain may be our only Hope

in #news7 years ago (edited)


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As banks and companies like Visa make it harder for people to use cash, is the only alternative decentralised blockchain technologies? Exchanges are being hit hard with regulations making the use of them more difficult and troublesome. What happens to those not familiar with cryptocurrencies as the banks try to dominate all money movement?

Who said it best?

"Permit me to issue and control the money of a nation, and I care not who makes its laws!"
Mayer Amschel Rothschild

or

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Henry Ford


Read the full article here: http://www.zerohedge.com/news/2017-07-24/banks-are-scheming-dominate-future-cashless-society



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I wholeheartedly agree with Mr. Ford. If people understood what is going on actually ... we might actually see some positive change. I wish I could see 5 yrs. into the future and the effects of block chain technology on world markets.

If people knew how fractional reserve banking worked no one who trust them with money, a good old fashioned bank run.

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