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conspiracy realists

conspiracy - "a secret plan by a group to do something unlawful or harmful." reality - "possessing actuality, existence, or essence." theory - "an idea used to explain a course of actions." conspiracies are created daily and by their nature are obscured by denial, half truth, deception and subterfuge. here we explore the details of conspiracy theory, conspiracy reality and all that may exist in between!
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UK Crypto Ban? Bank Regulator: Crypto & Bitcoin Have No 'Intrinsic Value'? Um: FCA Is Controlled By The Big Banks. ;)

    ura soul

    Yet more nonsensical anti-crypto propaganda from the controllers of the big banks via their controlled media sources and government cronies. The UK's 'Financial Conduct Authority' allegedly making moves that 'give some people' the impression a 'crypto ban' is coming.

    Problems:

    a) The FCA is controlled and funded by the big banks (despite trying to give the impression that they aren't.

    b) 'Implicit value' is missing from Fiat currencies - arguably more than it is missing from cryptocurrencies.

    Links

    Bitcoin Has 'No Intrinsic Value,' As U.K. 'Moves Towards' Crypto Ban - Forbes - https://www.forbes.com/sites/billybambrough/2019/08/01/bitcoin-has-no-intrinsic-value-as-uk-moves-towards-crypto-ban/

    FCA Press Release - https://www.fca.org.uk/news/press-releases/fca-provides-clarity-current-cryptoassets-regulation

    The Intrinsic Value of Paper Money - https://rationalstandard.com/intrinsic-value-paper-money/

    Wishing you well,

    Ura - Soul