They finally have some competition with their state imposed fiat debt slavery monopoly.

Competition is good they always tell us, right?

Central thieves

damn right! you have to be your own bank!!

Saint Louis Fed

Bitcoin search

final paragraph:

The European Central Bank’s arguments against Bitcoin warrant some introspection from central bankers themselves. If Bitcoin's redistributive effects are problematic because they transfer purchasing power from latecomers to early adopters, how is this fundamentally different from monetary policy that transfers purchasing power from those far from the money supply to those closest to it? Both mechanisms seem to create winners and losers through the redistribution of purchasing power rather than through productive economic activity. In any case, it shouldn’t come as a surprise to central bankers if Bitcoin’s increased adoption becomes an obstacle to the ability of central banks to dictate monetary policy. This has been a long standing goal of Bitcoin enthusiasts. From its inception Bitcoin’s self-professed goal has been to provide an alternative to centrally planned monetary policy.

Central Banks want to make Bitcoin central too. I guess!!

too late for them, game over.

pushing us closer to a time when BTC might coexist alongside state-backed currencies in a big way :)

they'll be operating on the principle of if you cant kill it, tax it to fuck

There's a stupid ass captcha that I can't get past.