Is Banking a thing of the past

I'm watching this Saturday's announcement of the coronavirus by our President Donald Trump, and his team he got together to fight this worldwide problem that has killed hundreds and he criticized the Federal Reserve for not stepping up to the plate and assist them with this strategy put into place to stop the spread.  I agree with everything that was done, but it should have been done 30 days ago? Yes declaring a national emergency is going to risk he re-election which would put any president at risk of not winning his second term. I do not like discussing politics, however, I do like to talk about current events.  What if the Federal Reserve could not help because banks are slowly dying off and they see a decline in the American Dollar.  With the growth of bitcoin which I showed on my screencast video, I showed a demonstration on how to make 250 in 2 hours you just have to know when to enter your money into the cryptocurrency market and transfer it back to the United States Dollar but the timing of this is key.  This happens when a "Whale" term for an investor who bought back in 2008 and became a billionaire off their 200 "coin" almost being worth twenty thousand back in 2016, but has been stabilizing the past four years. The one thing about bitcoin is there can only be twenty-one billion at any time on the market. So these investors have to sell their coin because more people are buying it today because it is cheaper now and more popular or it will become worthless even halved. When they do sell the value of bitcoin will drop ten sometimes ten even twenty percent. When that happens is the time to purchase. Let us rewind back to 2008 when people started to talk about this coin that you could buy for two hundred dollars I did not even consider this and walked away laughing to myself why would someone do that. Well, it took ten years for me to realize it can be used as a worldwide currency and has the same value no matter what country you are in and cannot be taxed by any government.  There have been rumors who created bitcoin and some have even taken credit, but the truth is no one ever really knows because they do not want to be known.  Have you been walking around seeing more bitcoin ATM's or even places that will take bitcoin as payment for their product?  This is because the banks are slowly going to monopolize and just become one bank for the whole country.  This bank will be Chase and it is because they are ahead of curved and buying out any other bank that can be bought, this is because of the cryptocurrency market and the growth of apps that target banks overdraft fees. Everything that happens in life besides a few things come down to money. They have already been working on their own bitcoin called "JPM" coin and you most likely never heard about it and most likely won't until your using it.  Most banks make a chunk of their revenue of overdraft fees and any other fee they can hit you with along with the investments they made with your money. With new apps being developed that will pay the fee for you all you have to do is pay them back when you have the money or set up a payment plan. The growth of these apps is taking away billions from banks this is why there are fewer banks before, the internet and fewer after the cryptocurrency was created. A lot of these banks in the past would invest in their own stock because it looks great on paper and the stock market hoping this would attract more customers.  The banks you see around today made smart investments with there money and didn't invest in themselves to look on paper hoping to attract more customers. You have to change with the tines or you're going to become obsolete. I'm not saying this is not going to happen overnight or the next twenty years but Chase is the only bank I have seen so far working on their own crypto coin and yes I will be buying it.  Banks are being hit on more than one of their revenue streams and overtime that devalues.  Banks are on a tight budget and are losing capital now more than ever and who likes getting taxed no the money they earned.  Has anyone ever got a tax return more than were taxed that year?  Time will tell but from my point of view banks are talking today about this issue and Chase is the only bank working on it.

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