Agustín Carstens who is the chief of BIS (bank of international settlements) has come out and said to coders to stop trying to create money. Carstens asserted that "cryptocurrencies don't have the core features to be a currency". What is this fat cat banker of all bankers talking about? What are the core features needed to be currency." "Glance back into the past and you will see that creating gold or money from nothing has been a regular obsession. It never worked. ... So my message to young people would be: Stop trying to create money!" What is this fat wind bag talking about? Creating money from nothing is what our ENTIRE financial system is about! I can't believe some of the shit that comes out of the mouths of the dipshits in charge of extracting wealth from the planet. Mr. Agustín Carstens do yourself a favor spit the shit out of your mouth and mix in a salad, then go and buy yourself some cryptocurrency!
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6 years ago in #bankers by cryptokidd (61)
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Hi.
money is an idea I understand, we all know that money is created from nothing practically but the big bankers do not want to issue it, the monopoly of the creation of money is about to end thanks to the appearance of cryptocurrencies, so this man says stop creating money so that traditional banks continue to do as usual. The world is changing and the financial system will no longer be the same.
Greetings from Venezuela
Great perspective, I'm sure you have witnessed this first hand in Venezuela.
in Venezuela the cryptocurrency called PETRO was created but it did not work since it was the same government and the central bank that created it
A fat banker against crypto? Hmmmm... Why am i not surprised?
Hello friend, excellent publication, I liked it a lot. Count on me, I invite you to visit my profile and count on you too, Regards
Stop trying to create money, lol
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