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no,banks create credit.without credit the economy dies.economics...

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Lurkin

1,282 Posts.

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16/02/19

00:20

Post #: 37455855
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Originally posted by skypiliot: ↑

Its important because it is obvious that he and JPM are going through the stages of grief

stage 1 Denial is obviously left behind if they are trying to do their own one
stage 2 Anger seems to be on the way out
stage 3 Bargaining this I think is what they are embarking on by trying to create their own trouble is they will not get all the benefits

stage 4 Depression this will come when they give up on their coin
stage 5 Acceptance at this stage they accept the role of bitcoin has changed part of their business model forever

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no,
banks create credit.
without credit the economy dies.
economics 101.
bitcoin is daylight to credit.
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