The Banks Are Cooked: They Are Aiming At The Wrong Thing!!!

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It is said to hit your target, you need to know what you are shooting at.

Many people feel the banks are in full control. While it is easy to admit they are a formidable foe, the truth of the matter is the bankers do not know what to aim at. They believe they do yet they are going for a target that is not the major problem. Essentially, they are trying to root out the symptom while missing the disease festers.

We know the bankers cannot stand Bitcoin. They attack it at every turn. The recent FUD that was spread all over the mainstream media shows this. All cryptocurrencies are under this umbrella yet Bitcoin bears the brunt of their attacks. It is still the one cryptocurrency the masses can identify.

I fully admit that cryptocurrency is a major problem for the banks. However, it is nothing more than a symptom of what is taking place.

If we look under the hood we find blockchain. This is something the bankers compliment in their statements such as "Bitcoin is a fraud but blockchain holds possibilities". Let me state that the bankers do not like blockchain. What they like are shared databases that they control. That is not blockchain. It is more misdirection by bankers to fool the public.

Nonetheless, blockchain is not the problem either. This is the vehicle by which the banks will get slapped around.

The main problem the bankers have is decentralization. This is what upsets their entire house of cards.

To comprehend why this is, it is important to understand the web that these people wove. There is a mesh of organizations that are all controlled by them.

The media is owned by them. This is why the FUD is so effective. The bankers have the capability to spread their message repeatedly across many platforms. Since the masses rarely do anything more than catch a headline or two, this is very effective. If there is someone with a counter voice, the censorship machine goes into high gear to shut that viewpoint off. We are seeing that with the likes of the "traditional" social media sites.

They also control the governments of the world. Controlling the currency means that they control the government. Old man Rothschild reportedly made this perfectly clear well over 100 years ago. It matters little what they governmental system is, all require money. The bankers established an elaborate network which gives them full control over that. Without the banks, leaders around the world have no treasury. Outside of the rare tyrant in some small country, all major economies has this as a foundation.

We also see them owning large chunks of the major public corporations. This enables them to profit off most everything the masses consume. This simply keeps increasing their stronghold over the public while they get richer. Of course, the countries under their control get poorer since they are saddled with debt.

The secret to this scheme is that it is a centralized, highly controlled system. The bankers are at the middle of it all. Essentially, their control is without challenge.

That was until now. We are starting to see the foundation being laid that is a tremendous threat to the elites way of life. Their control is starting to crack and they do not like it. Sadly, they believe it is Bitcoin and other cryptocurrencies which are the problem. Again, this is just a symptom.

The basic problem facing the banks is that their centralized model is being blown up. This is causing more action by them which actually accelerates this process. Isn't it ironic that those entities under banker control are the ones causing the headlines with censorship and banning of crypto advertising? In my mind, this is only helping to promote the idea of decentralization.

I repeatedly have stated that I feel it is a mistake to market Hive in a fashion that touts the money aspect of things. It seems that the message is "get rich quick" posting on this blockchain. Perhaps that is why we have so many leave in frustration.

Instead, I feel we should simply tout the advantages we have over what is offered under the bankers. A lack of censorship, no advertising, absence of data mining, and no hacking are all facets of this blockchain. There is a large contingency of the masses that are starting to wake up to these ideas.

Hive is about freedom. That is something the bankers cannot compete with. Decentralization trumps a centralized system every day of the week. While it tends to give up something in performance, although graphene helped in that area, the other benefits are simply overwhelming. It is for this reason that the banks are essentially cooked.

Their playbook when threatened is as follows:

  1. demonize the threat
  2. get the government hacks to regulate it.
  3. buy it all up.

In this case none of this will work.

Some people get caught up on number 3 believing the bankers could buy up all the cryptocurrency with their fiat currency. While it is possible for them to buy up a particular token, the fact remains they would not own the blockchain. Remember, tokens are attributed to blockchains, which can be forked.

For example, if they went out and bought up the majority of the $HIVE, what do you think would happen? The second word got out that this blockchain was under banker control, someone on here would fork it. And where do you think the 60K daily users would go? My guess is they would start posting on the fork as soon as the new tokens were issued.

This is one of the unique features of blockchains and cryptocurrencies. Although there are a limited number of coins available since it is plugged into the blockchain, forking can happen an unlimited number of times. Essentially, there is no limit to the number of tokens which can be created.

Of course, the challenge in this is that people will actually have to decide to use the new fork. As Bitcoin Gold shows, simply forking does not equate to a large number of people joining the new blockchain. Many forks of this nature will end up amounting to nothing, leaving the tokens basically worthless.

Which is what the banker investment in Hive would be if they bought up the majority of the coins and the masses opted to post another another fork. That token would carry the value, not what the bankers were holding.

This is the essence of freedom. No matter what they try, the masses can do what they want.

Decentralization also has another big advantage; innovation. Under a centralized system, all innovation has to be planned or, at a minimum, approved. Not with blockchain. Anyone can create something and tie it to this blockchain. If the people use it, then it is a success. The community decides what it uses and what it does not.

The fact that decentralization is nothing new tends to give people pause. Why will things be any different? Microsoft made billions by charging people for an operating system on almost every computer sold in spite of their being free operating systems out there. People went with the totally centralized Windows as compared to community projects such as Ubuntu. For the last 25 years, this was the case. What makes me think anything will be different now?

My answer to that is summed by the word "incentive".

People have incentive now to decentralize. The fact that blockchains are tokenized means that one can get paid by using them. While I am not for espousing the get rich quick stuff, I do not see a problem telling someone that, in addition to all the other things I mentioned that Hive offers, one can make a couple thousand a year on here is he or she works at it. Anything after that, should be considered gravy.

Therefore, people have incentive to move away from the centralized, control system. The "get paid to ______________" is a method which we can offer up this idea. Behind it, is decentralization. Each post that appears on this blockchain is one that is outside the scope of the centralized entity called Facebook.

As people move away from the centralized system that are all part of the banker web, the power base becomes spread out. Suddenly, the banks are the ones who are suddenly under attack. It is not a war like we are accustomed to. Rather, it is simply people voting with their feet as they say. Instead, of utilizing centralized services, people opt for decentralized.

And presently, it is in the area of money that many people are starting to make this shift. While the centralized structure is still in place and exerting a great deal of control, we are starting to see things starting to change. Again, money is just one area, the one that garners the most attention. What is truly flying under the radar is the fact that people are joining decentralized networks like they never did before. Ubuntu would have put Microsoft out of business before Y2K if it had the growth rate we are seeing on these blockchains.

The next phase of this evolutionary process is we will start to see decentralized corporations show up on these different blockchains. These entities will not be funded through the banker system. They will not exist on a centralized exchange like NASDAQ. Instead, they will operate, from a financial perspective, on a decentralized exchange while the entire corporation is blockchain based. All decisions will be done by consensus from the holders. Unlike stock, this is not a direct representation of the corporation but, rather, the blockchain itself.

What is a challenge for the bankers is these DAOs will compete with their established entities. Here again, there is a good chance that the advantages offered by blockchain enter the picture. It might be hard for some of the traditional companies to fend off this new threat since embracing change tends not to be commonplace among a lot of the larger corporations.

Therefore, give a little smile each time you see a banker (or one of the henchman sent out to spread FUD) ripping on Bitcoin knowing that attacking that will not solve their problem. Everyday, thousands of people are joining decentralized networks.

And this is the banks major problem.

If you found this article informative, please give it an upvote and rehive.


Pictures from Google Images



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34 comments
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Resteemit done.

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Banksters are blinded by their own power. Their oh so great holiness cannot be defeated, they must think.
What a wake up call they'll receive!

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Like written before, they are fearing to loose their reason for existence. And they will not go down without a battle, like the video stores in the early 2000 did.
The reason they are fighting is because they are scared. While fighting the blockchain, they are working hard in the backroom to find a new business model, which will still give them power and control.
Don't forget that the biggest investors in for instance Facebook and investment funds and banks. They are shareholders in most every company who feels threatened by the blockchain.

It is a great indication how good cryptocurrency and the underlying blockchain technology is. If it weren't so great they would be still ignoring it.

But in the end, the banks will still be here. They probably will be the keeper of lost of wallets o something else.
It is an utopia that they will disappear, their power is just to bit for it. For sure they will loose power but still will keep existing!

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To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvote this reply.

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Nice article.

After such a monumental drop, I've finally bought some Steem to increase my vote power. :-)

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I am just some guy on the Internet but I think that is a good move....STEM under $2.00 should provide a nice return for you even without the increase in VP....couple that in and you will do very well in my view.

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I hope so. What do you think of the naysayers that claim that "SteemIt is doomed and we have just a little over a year more to leech this platform before it all crumbles...?"

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this article just digs to the core, we are living in interesting times! :)

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Except for 3 countries, every nation in the world has a central bank. There used to be more, but somehow these countries get a color revolution and soon after a central bank appears. And the central banks have the BIS (Bank for International Settlements) referred to as the central bank of central banks. That is centralized control.
Maybe the decentralized systems will do some damage to that power, but I am confident that none of us will live long enough to see it happen in our lifetime. As for them losing that power, I think they will scorch the entire planet before they would let that happen. In a wide war scenario, one will not have the means and interest to develop code.

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I’m not convinced that the BIS is any more prepared for the next big financial crisis than the Fed, ECB, or BOJ are. They all barely managed the 2008 meltdown.

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They most certainly aren’t. But they will find a way to suck money out of the people of every country they control to ameliorate the situation.

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Well written and informative post, I believe the best thing that has happen to this present generation is the decentralization of the blockchain platform. Which makes it impossible for any government or banks to have any control on.

I see a future where the masses will control and determine their earning power and build a sustainable future for their children, and this can only happen when we all join hands and embrace this blockchain revolution and join the crypto currencies revolution. Well analyzed post @taskmaster4450

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Thanks for sharing the inspiring ideas, you're one of a few Steemit authors I read who have vision and instill genuine optimism.

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(Edited)

I don't think that they will really go away but they will try to do everything they can do delay mass adoption of cryptocurrency and the blockchain technology but they know they can't stop progress.

The blockchain is the new internet. It is decentralized and will be mass adopted and used in many ways from the government to saving data and cultures of indigenous people.

This part is exciting for me.

The next phase of this evolutionary process is we will start to see decentralized corporations show up on these different blockchains. These entities will not be funded through the bankster system. They will not exist on a centralized exchange like NASDAQ. Instead, they will operate, from a financial perspective, on a decentralized exchange while the entire corporation is blockchain based. All decisions will be done by consensus from the holders. Unlike stock, this is not a direct representation of the corporation but, rather, the blockchain itself

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It is pretty funny that banks appreciate blockchain since they are actively building their own solutions on top of it, but they hate the reason that blockchain was brought to the masses. They will never be happy unless they are always getting more of the money than anyone else. It is very sad.

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Fake scenario but if crypto drops to a rock and banksters buy it in bulk, the world users can always create another crypto coin that won't be mostly controlled by banks. Game over banks!

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I enjoyed so much reading your post. I read it slowly and complete. Some pragraphs twice, some even more than twice. You have expressed my feelings and trust in future so perfectly.
It has been maybe 3 or 4 years since I keep repeating again and again:

The future of this planet is decentralized. And open source.

And naturally connected 24/7. Every single piece of this world.
Thanks . And keep spreading the truth to the masses.

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@taskmaster4450 this was an excellent article discussing what the Block Chain is going to do for Humanity. I want nothing more than to put the OLD Financial System that I was a part of for 27 years of my LIFE, to have the Death it deserves. I was a licensed Stock Broker who currently does not own any stocks and I feel more Freedom now at nearly 60 years of age than I have ever felt in my Life...................................................

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I think a lot of the bank crowd are actually too ignorant to even consider blockchain/crypto rather than buy up at a lower price. They are living in an echo chamber. That or they are salty about not being able to pick up easy money because unlike stock markets, institutional money is second to the game on this occasion.

Buy it at a premium banker boys!!

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(Edited)

This video explains pretty well how decentralization will take over our economies

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You lost me at climate change. They have manufactured data, cheated, changed the narrative and politicized the subject. Follow the money.
Climate change and carbon credits benefits the same people the author (who happens to get paid by the European Union) appears to be railing against.
When he started sounding like MSM propaganda I gave up.
Upvoted you as I upvote those that contribute even if we are not of the same opinion.

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I shared his video because the emphasis on decentralized economic structures which is tackled in second half of the video. I don't recall any dubious statements about climate change.

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They are in the beginning

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We are now experiencing far not the best of times. In many ways, various states and banks are guilty of this, which began to lose control, which led to active actions on their part. But, as you say, the disease has already begun. Even if they can suppress symptoms, the disease will lead to a logical outcome.

Все мы сейчас переживаем далеко не лучшие времена. Во многом виновны в этом различные государства и банки, которые начали терять контроль, что привело к активным действия с их стороны. Но, как Вы говорите, болезнь уже началась.даже, если они смогут глушить симптомы, болезнь приведет к логическому исходу.

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This is something that I think doesn't get through enough. While being on Steem is nice and we can read all sides of stories, I think it's still important to share on other social media sites. We have the power, but they have the audiences. Right now, anyways.

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Some people get caught up on number 3 believing the banksters could buy up all the cryptocurrency with their fiat. While it is possible for them to buy up a particular token, the fact remains they would not own the blockchain.

And also that would make us rich :) not me to be particular but some of us.

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STEEM is about freedom. That is something the banksters cannot compete with.

This is what they do...

Screen Shot 2018-03-20 at 4.46.01 AM.png

They decided to call them "freedom" accounts. Talk about oxymoron...

For example, if they went out and bought up the majority of the STEEM, what do you think would happen?

One could also sell and make a nice profit at the banksters expense.

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I am so anxious to see the emergence of descentralized corporations!
That will be a sight to behold!
And yet again... steemit is kinda one of them!

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