This is why you need bitcoin...

[semperfrosty]

Lots of bullshit arguments right there. First of all, if a bank or for that matter any business I have a relationship with closes the relationship then I take my business elsewhere. Problem solved. I don't spend weeks shedding tears and pondering the utility of cryptos. I walk into another bank and open a new business account. Or have my accountant or CFO do it. Problem solved. Case closed.

As Millionaire why should someone hold a bitcoin? What a stupid suggestion is that? Should millionaires also hold dog shit? What for? Because it might increase in value? Most millionaires are advised and have a diversified portfolio. The claim that cryptos must belong into any diversified portfolios is just that, an empty claim.

Have you guys become that desperate that you are now appealing to everyone to just hold 1 or a fraction of a bitcoin to prop up this shit asset derived from nothing?

Do you think you would be a successful advisor for long if you hadn't suggested BTC for a portion of someones portfolio?

Your client has had a 6% return for the year while his friend across the street has had a 16% return due to some risk exposure.You wouldnt be managing his funds very long.

This isnt necessarilly a pro BTC post,more of a common sense post.A good adviser would be under pressure not to recommend blue chip crypto as a portion of a diversified portfolio.Competition dictates it.

 

[engineering]

You are an idiot. Sure do governments get things wrong every now or then.

Over 100 million people killed by their own governments in the last century.
Whoopses we killed millions of people!
Shut up and don't ask questions.
How does someone remain this ignorant of history?

But after the wave swept over people's accounts or funds are restored to their original state.

Lol! Sure they'll give it right back, just ask all the victims of civil asset forfeiture.
Or ask a native American if you can find one.

Remind me how many people went to jail over Wells Fargo robbing their customers?

To set the mood:

That's not gonna happen when my crypto account gets raped by hackers of no wrongdoing of my own. That space is as safe as hanging a kilo hash in the tree and hoping it to still be there tomorrow.

Reading comprehension score: F
I've been arguing against Bitcoin.

 

[newwurldmn]

there’s no evidence a bank has closed someone’s account for their opinions. Banks have decided not to do business with certain industries (porn) and are not allowed to do business with others (marijuana).

If you wanted to make an argument for crypto, this example is a poor one.

The rest of your post is a strawman unless you are saying it’s good for terrorists to use crypto and you approve of that.

You flipped flopped 3 times taking contradictory positions "no one knows the reason" to "there was possible explanation" to now again "no reason needed for private business not to do business"

It's all good. JPM Chase banksters are the salt of the earth, would not allow money laundering terrorists drug traffickers, oh wait, they paid fines for those, but they are honest market participants, oh wait, they pay a yearly fine for market manipulation of gold...

 

[M.W.]

Incorrect. I stated that there must be more than meets the eye. But of course you guys know perfectly well that the only way for bitcoin to tick up is to reel in more idiot lemmings. That's why you push your ridiculous narrative.

You flipped flopped 3 times taking contradictory positions "no one knows the reason" to "there was possible explanation" to now again "no reason needed for private business not to do business"

It's all good. JPM Chase banksters are the salt of the earth, would not allow money laundering terrorists drug traffickers, oh wait, they paid fines for those, but they are honest market participants, oh wait, they pay a yearly fine for market manipulation of gold...

 

[M.W.]

That's not how asset management works. Investments are delineated by asset class. A bond portfolio is never compared with a stock portfolio or mixed portfolio. What you are saying is as if a portfolio of financial assets is compared with a portfolio that consisted of crap that was yodled up and because it returned more the classic asset manager is castigated.

Do you think you would be a successful advisor for long if you hadn't suggested BTC for a portion of someones portfolio?

Your client has had a 6% return for the year while his friend across the street has had a 16% return due to some risk exposure.You wouldnt be managing his funds very long.

This isnt necessarilly a pro BTC post,more of a common sense post.A good adviser would be under pressure not to recommend blue chip crypto as a portion of a diversified portfolio.Competition dictates it.

 

[M.W.]

In this thread you are snake oiling FOR cryptos not against. A government hater making up ludicrous claims of hundreds of millions murdered by some fictitious government. Enough said.

Over 100 million people killed by their own governments in the last century.
Whoopses we killed millions of people!
Shut up and don't ask questions.
How does someone remain this ignorant of history?



Lol! Sure they'll give it right back, just ask all the victims of civil asset forfeiture.
Or ask a native American if you can find one.

Remind me how many people went to jail over Wells Fargo robbing their customers?

To set the mood:

Reading comprehension score: F
I've been arguing against Bitcoin.

 

[johnarb]

there’s no evidence a bank has closed someone’s account for their opinions. Banks have decided not to do business with certain industries (porn) and are not allowed to do business with others (marijuana).

If you wanted to make an argument for crypto, this example is a poor one.

The rest of your post is a strawman unless you are saying it’s good for terrorists to use crypto and you approve of that.

Why do you switch crypto for bitcoin? Not the first time you've done this

Bank accounts are closed even personal ones, no one knows why, no explanation.... and this is acceptable to you?

 

[newwurldmn]

Why do you switch crypto for bitcoin? Not the first time you've done this

Bank accounts are closed even personal ones, no one knows why, no explanation.... and this is acceptable to you?

The lack of an explanation is not acceptable; but my guess is the owners got an explanation when they called the bank. The article has an agenda to push (Covid deniers are being discriminated.)

bitcoin and crypto are interchangeable
for the purposes of this conversation just like euros and usd would be interchangeable. You would surely understand this I would think.

 

[johnarb]

The lack of an explanation is not acceptable; but my guess is the owners got an explanation when they called the bank. The article has an agenda to push (Covid deniers are being discriminated.)

bitcoin and crypto are interchangeable
for the purposes of this conversation just like euros and usd would be interchangeable. You would surely understand this I would think.

Your guess does not make sense, especially as it pertains to personal accounts of spouse and child. It sounds like cope to me, anyway, all speculation, at least you acknowledge it's unacceptable

Bitcoin and cryptos are not interchangeable. Surely someone of your advanced intelligence would not conflate USDT with bitcoin nor Eth nor an NFT

You ever heard of a movie called Harry Potter? "The one that shall not be named..."

Title says bitcoin, I say bitcoin.... you say crypto

You're afraid of Bitcoin and bitcoin.. reminds me of an episode from SNG between The Q and Picard re: the future of human evolution... but anyways, prolly nothing

 

[FTDK]

The real pearl is the fact that Chase closing accounts of people including spouse and child accounts with no explanation is acceptable to some ET posters

This is why you need bitcoin....

but I digress...

I am willing to bet that there is an explanation but that the people who complain conveniently let that out, because otherwise they wouldn't get the kind of reaction they are after.

Spreading lies apparently is also acceptable to some ET posters ...

You are asking for proof that they were scammers or whatever, well I'll turn it around, were is the proof there was no explanation on why the accounts were closed? Let me guess, you read it somewhere online?

Because everything on the internet must be true and no-one dares to lie on the internet?