Cryptocurrency just got the official stamp of approval.
 

The obscure headquarters of the global banking cartel, the BIS, has come out with a statement against cryptocurrency. This is the best recommendation FOR cryptocurrencies to date: That the mostly silent BIS which is the head of all central banks worldwide feels the need to spread disinformation to counter the rise of cryptocurrency is telling.

https://www.investing.com/news/crypt...rm-bis-1495989

If cryptocurrency would replace fiat this century old banking cartel which is built to enslave people with debt goes out of business. The fact that they release this statement shows just how threatened they feel in their ivory tower. I love it.

Did you read the PDF?

Crypto will never be banned.

It's decentralized and there are so many creative ways of turning fiat into crypto and back again.

The global demand for crypto GUARANTEES its survival

What is the use other then crime?

pay bills, get direct bank transfers with 20 cent fees (rather than overseas $15 bank fees), delivery foods, buy domains, and most importantly is transfer of value, cutting out the middle man.

Those who consider "cutting out the middle man" as criminal are absolutely ignorant to technology and progress. Sad

Quantum Computing

Never be cryptic about crypto.

:D

nobody is actually using crypto for purchases...maybe 2 guys on this forum purchase something 1x/month with crypto but its adoption for actual use, outside of speculation, is almost 0...volume is 99.9999% exchanges...

also printing money has its advantages... want to buy a house? good luck finding somebody who will give you 30 years credit with crypto...want to stimulate the economy? good luck doing that without a printing press...others are printing and you are not...your shit is getting expensive, theirs is getting cheaper due to inflation of their ever more worthless currency...people just cherry pick the good bits of crypto and ignore the bad sides and consequences...

at best, crypto will be like baseball cards or domain names...a fringe storage of value for die hard fans...

Those who say Bitcoin has no use case are very wrong. It's an argument that is getting weaker and weaker with time, and usually it's Americans saying this (USA has the slowest adoption of crypto in the world).

It is the best store of value one can have, and adoption speed of Bitcoin is going to grow every year.

Best way to transfer money from person to person (p2p) is by Bitcoin. No middle man, no fees (check LN rates right now), and super fast.

Step-by-step video to mine bitcoin:

Crypto is the biggest scam out there

Poor guy, bought in December at crypto peak, sold at loss, and now crying and calling it scam :1orglaugh