RE: The Power Grab And How It Affects All Of Us

avatar

You are viewing a single comment's thread:

Well said.
The cryptocosm is about basic human freedoms, not lambos.

In Israel it is very easy for the government or even a private party in legal proceedings to freeze someone's bank account.
We once had our account frozen "by mistake" by the tax office at a critical time when we were trying to get a mortgage.

It was fixed within a few days but I've never trusted the banking system again.



0
0
0.000
1 comments
avatar

You bring up a valid point @apshamilton.

The barrier that banking provides is thin at best. Yet, the bankers always operate in their own best interest, not the governments. That can be hard to see at times. In fact, if there is anyone taking money out of accounts, the banks prefer to do it as opposed to the government.

It is a rough situation all around. Crypto, if worked enough to flourish, will provide a wonderful alternative for humanity. However, it is not going to happen without the efforts of tens of millions.

Posted Using LeoFinance

0
0
0.000