Fiat is big flawed system but operating successfully

[Findingnemo]

Let's talk some bank related things, it's always fascinating to discuss about them because how is it possible to run such a flawed system for centuries and people have no objection over the entire monetary system that's just built purely based on the trust of their central banks.

I almost read about how their system work and blah, blah because it's not boring and they have been successfully scamming people with lies such as work hard and become rich.

I would love to prolong this conversation and what's your thoughts...

[dkbit98]

Let's talk some bank related things, it's always fascinating to discuss about them because how is it possible to run such a flawed system for centuries and people have no objection over the entire monetary system that's just built purely based on the trust of their central banks.

They can do it easy and trick people with constant wars, money printing and inflation.
This scam is all based on central banking and interest based lending, and this is owned by only few rich families.
Henry Ford once said that if we isolate this rich ''chosen'' families all wars in the world would cease.

[Findingnemo]

They can do it easy and trick people with constant wars, money printing and inflation.
This scam is all based on central banking and interest based lending, and this is owned by only few rich families.
Henry Ford once said that if we isolate this rich ''chosen'' families all wars in the world would cease.

What you said is 200% and almost 99.999% of the people living on this world will never know that.

We have to turn back the history to see where and how it all started, first Europe tried to bring centralized banking system and it didn't last long, then in US after multiple attempts they built something called Federal reserve Bank and later they trashed gold standards and now whatever they decide is the value of the currency.

Regarding the rich family, 9 rich elites gathered to discuss how to establish the system successfully and some people call it as Illuminati/secret society or whatever they want but it's obvious there's someone is controlling the entire monetary system that's beyond government.

[0t3p0t]

That is because government want us to believe on it so they can control us and our wealth. For me fiat is the greatest manipulation in the history of mankind. Those who believe in the idea won't escape because that is what they wanted to be but despite all that people are still using it and we can't still live fully without it. And in addition to that majority are still using the traditional way of fiat.

[Findingnemo]

That is because government want us to believe on it so they can control us and our wealth. For me fiat is the greatest manipulation in the history of mankind. Those who believe in the idea won't escape because that is what they wanted to be but despite all that people are still using it and we can't still live fully without it. And in addition to that majority are still using the traditional way of fiat.

The government made us to be like these through many generations but it's not just the government they are just puppets the masters are rich elites who control the banks as well as the governments.

We have options now such as Bitcoin but the first step towards moving out is acknowledging that but people are nowhere near understanding how deep they are into this shit.

[electronicash]

Let's talk some bank related things, it's always fascinating to discuss about them because how is it possible to run such a flawed system for centuries and people have no objection over the entire monetary system that's just built purely based on the trust of their central banks.

I almost read about how their system work and blah, blah because it's not boring and they have been successfully scamming people with lies such as work hard and become rich.

I would love to prolong this conversation and what's your thoughts...

its not flawed but its just went down that position when Nixon didn't allowed speculators/countries to withdraw their gold for cash back 1970s. so it took few decades where crack showing up and how many times the banks where bailed and they are bailed every crisis tthat took place.

but according to history, its been happening over and over in the past since every empire always starts their collapse with its financial system. only this time in 2008 crisis, someone created a new currency which is BTC.

[Dr.Bitcoin_Strange]

What can I say?
Humans believe in anything,  just make them feel like that's how things are meant to be, it'll be very easy to adapt even when  the whole situation is still very discomforting, they'll still try their best to fit in that situation. It's crystal clear how flawed the traditional banking system is but still remains inevitably a very important aspect of the economy and human lives in general. The system can easily be manipulated by a single individual to suite his own personal interest, that's how it feels to have a centralized monetary and financial system. That is why the blockchain technology is far way more preferable than the traditional banking system, in fact, it'll be a big flaw to even attempt to make that comparison. If people just look at the decentralized monetary system, then their eyes would finally be open and they'll see just how much they've even missing. Bitcoin is the financial Messiah of our economy, making everyone the custodians of their funds and assets, isn't that a miracle?