STEEMIT vs YOUR BANK.

in #steem • 8 years ago (edited)

YOUR BANK

  • Keeps your private keys(figuratively)
  • Uses fractional reserve lending and holds only a fraction of the wealth represented in their accounts(GOX'd)
  • Controls how much money you can withdraw at a time, auto reports you to the FEDs
  • Finances Terror across the globe, Launders money for the worst of humanity
  • Exclusively transacts in hyper-inflated monopoly money

STEEMIT

  • Let's you control your private keys (literally)
  • Can not use fractional reserve to screw you
  • Does not control how much money you move at any given time
  • Does not auto report you to the FEDs
  • Finances STEEMIANs across the globe, Terrorizes mostly just CEO's of Twitter, Facebook and Reddit by taking their customer base.
  • Can be anonymous or used in a completely KYC/AML compliant way the choice is yours.
  • Exclusively Transacts in Deflationary (figuratively, then literally) crypto-currency called STEEM

#steemit #beyourownbank #politics
8 years ago in #steem by
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     8 years ago (edited) 


    how i can do this one ?good one @matrixdweller

     Can be anonymous or used in a completely KYC/AML compliant way the choice is yours.
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       8 years ago  

      Any chance of steemit (ned and dan) running off with money stored on steemit? Or do we each own our own private keys and accounts can't be hacked unless individual user's fault?

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