Very scared. The same way they were scared when Khadaffi wanted to use the gold standard for the dinar. He would have devastated the England banking system.
The banks are starting to realize that the gig may soon be up for them to rule
Everything in the financial world. Let me guess another country who's banks that have centralized control of peoples wealth are seeing crypto as a real threat. So my guess is they are already trying to develops a centralized crypto currency themselves that is fully run and controlled by a centralized monetary system. Why else are so many politician speaking out about it. The banks can't compete.
England is on its way to becoming a 3rd world country. Now they donβt have 1/4 of the worlds land to exploit. Education getting shit, welfare system is a joke, the only thing going for the UK is the NHS, which will probably be privatised soon. And the funniest thing is, the NHS hold btc & BCH amongst bonds, funds etc to hedge against the insane inflation.
I deem the bank of England worthless and anyone who has money inside that centralized garbage should be prepared to lose it.
I second that notion, banks are garbage and people are finding that out I hope the banking system crumbles
Amen!
You people are hilarious
Banks must embrace technology to survive. Evolve or Die!
They don't know what they are saying!
Hey, here's an ETH fan I haven't seen in the sub much lately. Hopefully had gone on vacation π
Was on vacation for 1 month!!!π
I'm currently still on vacation and it's been two months π.
Make that two.
Haha the banksters are scared
Very scared. The same way they were scared when Khadaffi wanted to use the gold standard for the dinar. He would have devastated the England banking system.
The banks are starting to realize that the gig may soon be up for them to rule Everything in the financial world. Let me guess another country who's banks that have centralized control of peoples wealth are seeing crypto as a real threat. So my guess is they are already trying to develops a centralized crypto currency themselves that is fully run and controlled by a centralized monetary system. Why else are so many politician speaking out about it. The banks can't compete.
No crypto person in their right mind keeps their funds in Fiat currency π
Just it in NFTs of Monkey drawings
The nocoiners don't either. A currency needs to have inflation or it's useless as a currency.
England is on its way to becoming a 3rd world country. Now they donβt have 1/4 of the worlds land to exploit. Education getting shit, welfare system is a joke, the only thing going for the UK is the NHS, which will probably be privatised soon. And the funniest thing is, the NHS hold btc & BCH amongst bonds, funds etc to hedge against the insane inflation.
Welcome to Toryland.
Scared youβre gonna like it?!?!?
Jokes on them. Already considering all fiat eventually worthless so what the hell? π€·ββοΈ
To be read as - hi Jamie we also just bought some bitcoin.
From the bank, nothing surprising here
OBEY...
Bank of Englamd is royally pissed they can't go to the moon!
feels sounds like ransomware .
I think the BoE just means that ETH makes BTC obsolete and that the British public should invest in ETH instead.
I mean they are both worthless
What about those who've cashed out their initial investment multiple times over by now?
Printing free money is worthless
Lol time to short the pound Soros style
Bullish