Bitcoins/Litecoins/Virtual Currencies

Haus

Haus

I am Big Balls!
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Arden said:
Yeah banks starting to wake up to the existential danger crypto poses to them. Their arrogance has made them slow to the punch here, but they can hit more than hard enough to make up for being slow- as we are seeing.
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Essentially crypto is here to do to banks what online retailers did to brick and mortar ones....
 
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Cad

Sheriff Cad

scientia potentia est
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Haus said:
Essentially crypto is here to do to banks what online retailers did to brick and mortar ones....
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I think banks have a lot more political power than brick and mortar retailers, and their fighting back will be a lot more effective.
 
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Arden

Arden

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Cad said:
I think banks have a lot more political power than brick and mortar retailers, and their fighting back will be a lot more effective.
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Also far fewer of them, which means it's easier for them to collaborate (collude) towards the common goal of opposition.

Ultimately a losing battle for them though, I think- which if you believe in capitalism is good for consumers.
 
Arden

Arden

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Screenshot 2026-01-27 174615 - Copy.png


Only a matter of time until things rotate to BTC and we get a new ath. They need to address the fucking quantum stuff though- it's seriously holding everything back.
 
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Arden

Arden

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Quantum fears putting downward pressure on BTC.

BTC community has been slow to address the concerns.

Add to that the market apparently doesn't like Trump's most likely pick for Fed.
 
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