Bitcoin Scares Banks and Central Authorities – BTC & Crypto News

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Bitcoin and cryptocurrency news – Australian banks screw their custmers, Jamie Dimon still wants to be relevant, Ai Weiwei’s studio gets trashed by a fearful central government losing control, and giving back.

Donate to help build schools in Rwanda
https://www.zamzamwater.org/take-action

Australain Banks
https://www.theguardian.com/australia-news/2018/aug/03/banking-industry-found-to-be-an-oligopoly-that-exploits-its-customers

JP Morgan
https://cointelegraph.com/news/jpmorgan-ceo-jamie-dimon-returns-to-bitcoin-bashing-calls-cryptocurrency-a-scam

Goldman Sachs
https://cointelegraph.com/news/bloomberg-goldman-sachs-plans-crypto-custody-offering-despite-bleak-market-predictions

Ai WeiWei
https://frieze.com/article/ai-weiwei-says-chinese-authorities-demolished-his-beijing-studio-without-warning

China blockchain
https://cointelegraph.com/news/china-university-it-research-institute-partners-to-form-blockchain-research-center

Bitcoin Mining Ban
https://www.coindesk.com/chinese-region-to-shut-down-illegal-bitcoin-miners-by-september/

Chinese Central Currency

Will the Chinese Cryptocurrency Overtake Bitcoin?

India
https://www.coindesk.com/indian-state-partners-with-mahindra-to-build-blockchain-district/

ETF
https://bitcoinexchangeguide.com/cboe-vaneck-solidx-bitcoin-etf-approval-near-certainty/

SEC

SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner

Paxful

Bitcoin-funded charity in Africa? Yes, says Paxful

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38 Comments

  1. Those crazy Chinese dictators, chipping their people now. I think they might want to put them all on a blockchain. Classic power over progress. Bitcoin is a real revolution over there.

  2. Ummh…….I think last time Jamie Dimon was making negative comments on Bitcoin, JP Morgan traders were found to be buying Bitcoin……. on a Swedish exchange I believe!

  3. TALKING ABOUT BANKS ……….. SUDDENLY I HAVE TO PAY 3,40 EUROS A MONTH EXTRA FOR NO REASON JUST BECAUSE I HAVE A BANK ACCOUNT!! The biggest mafia are banks.
    I think the best thing about blockchain is ARCHEOLOGY WITHOUT SCAMS, WOW now we can get our real past!

  4. Unsubbed. You don't even understand that central banks corporations control every aspect of the globe including all politicians. They could buy and sell every BTC and alt anytime they wanted. Do you know how hard they are laughing at you for calling them scared.

  5. I have unsubbed to many other YouTubers and have just a handful now, CLark is my number 1! Appreciate the the hard work, passion and persistence Lark.

  6. Hey goldenman sacks, I found this cool crypto money! Instead of putting it in my pocket… I was wondering if I could bring it to you to hold for me on your computer server thingy mabob? I know how good you are at caring about me and my regular monies in the past……. and wow your providing this service to me! I don't expect it to be free…. because I once was a sensible human…. seeing as I found this cool crypto money and all, but hey…. shucks why not I can't wait to get stabbed in the back and face again then pointed and laughed at in front of everyone …..Yay!! Oh and have less money too. And support cruelty to humans. Wooohooooo!

  7. Spreading lies.

    Authorities are not afraid at all. Just one countermeasure would kill bitcoin instantly: forbid banks to transact bitcoin for real currencies. Simple measure.

  8. Sounds like Bitcoin needs a champion. We need a country s Reserve Banks to adopt Bitcoin as their Federal Reserve. I doubt bitcoin will be adopted soon as a base currency. Unless lightning network works and takes off. I was excited by the news with Starbucks, but I am now unsure. I think first will come ETF, and Institution trading then will come, Federal Reserve propping up countries reserve with Bitcoin and Fiat and Gold etc, and then if mass adoption takes off then base currency.

  9. You said so many good things here. You are right!! There is always someone who can use a few dollars. Life is more than money peeps. Forget about it for the summer and come back after. Enjoy your summer.

  10. Loved the intro today. Money is there to be made and lost it is not worth having it really affect your life. Investing is a gamble so never invest more than you can afford to lose.

  11. Banks in Austria made record profits this year and on top of that they become due to EU law 2% of the inflation, which means every citizen of Austria does loose 40% of his money over the next 20 years to banks. On top of that you additionally loose also fractional reserve lending inflation, which can be even more deveastating. Best case scenario is a 40% loss over 20 years and the worst case scenario you do not want to know.

  12. Thanks for the reminder, dude !..go walk in the woods barefoot, swim, enjoy the sunlight, dance,….aaaaand crypto 🙂 All the best !!!

  13. I'm starting to think Jamie Dimon might be one of the good guys, playing "the bad banker". His comments in november might have been made to try and lower the hype (like Charlie Lee did), and now he is showing people the true face of the old banking system. Wouldn't that be cool 🙂

  14. I got into Crypto just after the bull run and have been buying ever since, I love it , it's the future dispite the recent downs.

  15. The Bitcoin/litecoin forks are going to go up now…look at the ATH's in December/January and realize that many have gained utility and a function since then. The news will catch up to the rumor soon and that will bring up prices.

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