Did you rejoice the first time you opened a bank account? In fact, many of us did –which is ok because of that self-sufficient feeling of having the tool to control and receive wealth. On the other hand, however, are banks our true friend or are they axis of evil used to control our existence and steal from us? –remember the financial crisis? Here are some few points:
Note: not all banks are bad, in fact many small and community banks do good to the community-however, for the purpose of this article, I will focus on central banks and or top banks
Control Mechanism: It is argued that central governments use their banks to control its citizens in all forms including taxation, spending habits, travel, leisure etc (through credit cards) and or direct withdrawal. Therefore, any time you make that withdrawal and spend money, you should know that your datas are not 100% yours alone.
Terrorists and War sponsoring: according to globalresearch
HSBC has been accused by US senate committee for money laundering to terrorists and
Many big American banks funded the Nazis.
The BBC reported in 1998:
Barclays Bank has agreed to pay $3.6m to Jews whose assets were seized from French branches of the British-based bank during World War II.
***Chase Manhattan Bank, which has acknowledged seizing about 100 accounts held by Jews in its Paris branch during World War II ….”Recently unclassified reports from the US Treasury about the activities of Chase in Paris in the 1940s indicate that the local branch worked “in close collaboration with the German authorities” in freezing Jewish assets.
The New York Daily News noted the same year:
The relationship between Chase and the Nazis apparently was so cozy that Carlos Niedermann, the Chase branch chief in Paris, wrote his supervisor in Manhattan that the bank enjoyed “very special esteem” with top German officials and “a rapid expansion of deposits,” according to Newsweek.
Niedermann’s letter was written in May 1942 five months after the Japanese bombed Pearl Harbor and the U.S. also went to war with Germany.
Crypto currencies are the new solution: From bitcoin to Steem and the newly formed ethereum lyte (www.elyte.io) , cryptocurrencies have been a blessing to the ordinary people and it will even get better because now we can freely transact without banks and governmental control. Importantly, if we as world citizens rely on our central governments to save us from control, debt imprisonment and robbery from banks, then we are wasting our time. The main solution, however, is for us to continue supporting cryptocurrencies as medium of exchange in all works of life. On the other hand, it will not be easy because central governments and banks will wage a big fight (currently going on). However if all of us remain strong, and embrace cryptocurrencies , I am sure that we will be free from the axis of evil.
Do you agree? Send in your comments, pls resteem for others to join and upvote in order to send in your support.
Click here and read my former post: Fact: Steem Is The Best Cryptocurrency: A Steemit weekend blog
Hey guys, heard about this new upcoming coin called Ethereum Lyte (ELYTE) , so far price has shot up over 3K% in just a few weeks- even as they are yet to be listed on Coin market cap (coming soon), seems like it might be a real good investment for the future. What are your thoughts? Make sure to check out their twitter page : https://twitter.com/EthereumLyte , website : https://www.elyte.biz/ and white paper or join their active telegram community https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw where all your questions will be answered.
Elyte website: https://www.elyte.biz/
Telegram : https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw
Facebook: https://www.facebook.com/EthereumLyte
Twitter: https://twitter.com/EthereumLyte
Linkedin : https://www.linkedin.com/company/ethereum-lyte-elyte/
Bitcoin Talk page : https://bitcointalk.org/index.php?topic=2618851.new#new
Reddit : https://www.reddit.com/r/EthereumLyte_ELYTE/
Join the Telegram group for now!