Barclays ban Binance deposits

lozzy1965

Type_45 said:

lozzy1965 said:

Type_45 said:

What is happening is a massive power and money grab by the people who rule the world.  ie, the tech giants, big pharma, numerous billionaires, supra-national organisations (IMF, UN, EU etc) and the national governments (who in reality are puppets who only last a few years).

And whilst all of the above are richer and/or more powerful now by orders of magnitude than they were before Covid, you'll notice that ordinary people are poorer, less free and suffering.  

But you probably don't see it that way because you get your information from the media organisations which the people getting richer own.  

If you can't see you are being played then you brainwashing and propaganda has worked on you.


Do you think it's a coincidence that Google became a pharmaceutical company in 2019...  and were at the time funding the Covid researchers working in Wuhan who allowed the virus to escape...  and who's profits then rose 162% during lockdowns....   and all the while they are in complete control of what people see when they "google" for what's going on?


If you can't see that you are being played, and that this is all about power and money, and that the billions of ordinary people are nothing more than a commodity for the 1% then I really can't help you.

Ever heard of David Icke?  You'd like him.

Yes, and I do like him. 

He's very misunderstood for someone who talks so much sense. The trouble is, the majority of the population have been brain washed into not believing a word he says.  It's a very sad state of affairs.

Malthusian

Regarding the fuel tax exemption for private jets:  see the G7 meeting in Cornwall when the world leaders were openly flouting the Covid rules they tell us to obey.

Not a great example to convert the sheeple, as poor and middle-class people openly flout Covid rules en masse as well.

"Did you know that rich people have lots of money which means they can pay people to do stuff for them" isn't so much a conspiracy theory as a statement of the obvious. "Did you know that rich people are actually lizards and drink the blood of babies" is more like it.

eskbanker

Type_45 said:

eskbanker said:

Type_45 said:
What is happening is a massive power and money grab by the people who rule the world.  ie, the tech giants, big pharma, numerous billionaires, supra-national organisations (IMF, UN, EU etc) and the national governments (who in reality are puppets who only last a few years).

And whilst all of the above are richer and/or more powerful now by orders of magnitude than they were before Covid [...]

Orders (plural) of magnitude means at least a multiple of a hundred, so exactly which have added multiple zeroes to their wealth in the last year and a half?  Or if you're retreating to power rather than wealth, how exactly are you quantifying that?

That's not what it means. It means by 10, not 100.

"The world's 2,365 billionaires enjoyed a $4 trillion boost to their wealth during the first year of the pandemic, increasing their fortunes by 54%"

https://www.cbsnews.com/news/billionaire-wealth-covid-pandemic-12-trillion-jeff-bezos-wealth-tax/

Indeed - increasing by one order of magnitude is multiplying by ten, so a 900% increase.  Increasing by orders (plural) of magnitude means at least two orders of magnitude, i.e. multiplying by over a hundred, so at least a 9900% increase.  54% doesn't even come close....

lozzy1965

We're going off topic here somewhat, but hey, it's fun isn't it?
Type_45, maybe have a look at this:
Page down a bit to find "Three ways to spot a conspiracy theory"...
https://www.bbc.co.uk/news/topics/cnvwkk7vp8mt/conspiracy-theories
It's by probably the biggest media component of our overlords, but you might find it interesting.

Type_45

If I were one of the 1% with a stake in media, tech, pharma etc and I was profiting massively, I'd be very pleased for those who knew what I was up to being called "conspiracy theorists" by the ones who I was successfully hood-winking.

They are laughing at you.  

GeordieGeorge

Type_45 said:

GeordieGeorge said:

Type_45 said:

lozzy1965 said:

Type_45 said:

I completely agree with you.  The mistake you've made is to use this forum to discuss the subject.  It's the wrong crowd.

I hold some crytpo (a few grand).  But it's clear to me that the powers-that-be don't like it.  I've been of the opinion for some time that it will be snuffed out in favour of Central Bank Digital Currencies.


Anyone who can't see the way the world is headed right now clearly has issues.  The direction of travel is that we are being more controlled and will have less freedoms going forward.  And it is technology which is enabling this process.  


And if you think being stopped from buying crypto via Barclays is a liberty, think of it as just a taster of what is to come.

Type_45 said:

IanManc said:

I doubt Barclays will miss you.

Not the first time I've noted that you've crossed the line and been unnecessarily rude.  And to a new member, too.

Ha ha, not the first time you have peddled your conspiracy theories either

I agree with the unnecessary rudeness though!

The trouble is, when people with a minority opinion think they are the ones who have the world sussed.  That's when problems start!

You can comment on my statement that "if you have nothing to hide you have nothing to fear" now...

Funnily enough, I've just this minute read the headline:  "EU to exempt Private Jets from fuel tax".

But you still can't join the dots, can you...

The problem is that many dots aren’t joined, and so anyone joining them is just drawing what they see in their head.

Conspiracy theorists do at least normally have the sense to never come out and say what they are seeing, or predicting, so they never can be wrong.

In this case, what is it that you think is coming over the horizon, and what do you think fuel tax on jets has to do with it?

What is happening is a massive power and money grab by the people who rule the world.  ie, the tech giants, big pharma, numerous billionaires, supra-national organisations (IMF, UN, EU etc) and the national governments (who in reality are puppets who only last a few years).

And whilst all of the above are richer and/or more powerful now by orders of magnitude than they were before Covid, you'll notice that ordinary people are poorer, less free and suffering.  

But you probably don't see it that way because you get your information from the media organisations which the people getting richer own.  

If you can't see you are being played then you brainwashing and propaganda has worked on you.


Do you think it's a coincidence that Google became a pharmaceutical company in 2019...  and were at the time funding the Covid researchers working in Wuhan who allowed the virus to escape...  and who's profits then rose 162% during lockdowns....   and all the while they are in complete control of what people see when they "google" for what's going on?


If you can't see that you are being played, and that this is all about power and money, and that the billions of ordinary people are nothing more than a commodity for the 1% then I really can't help you.

So it’s a typical “world government” conspiracy then? Who’s behind it? I think I can probably guess…

You’ve not explained how you come to believe this rubbish of course, it’s crazy stuff of course, but what’s interesting is what’s happened to make you believe such an absurd conspiracy.

The reason I know that it’s absurd is that I’m in investment banking, and have been for years, and have lots of friends in it too. We’re the people who’d have to be behind this plan, or at least fully informed, and we’re not.

I discuss strategy with our CEO, and not once have we opened a secret envelope with our instructions in it. When I’ve had drinks with the Dutch National Bank they’ve never slipped me a briefcase of money and told me to suppress inflation swaps, and when I sat next to Dominic Raab at our boxing club dinner he didn’t check that I’m keeping the plans secret.

poppy10_2

Jeez, this thread is a trainwreck.

Anyway, in latest news: Santander has become the latest bank to block its customers from making payments to Binance. The bank notified customers that it would stop payments from their accounts to Binance “wherever possible” starting from Thursday, but would still allow them to withdraw cash from the exchange.  “Keeping our customers safe is a top priority, so we have decided to prevent payments to Binance following the FCA’s warning to consumers,” Santander said. “In recent months we have seen a large increase in UK customers becoming the victims of cryptocurrency fraud.”

Earlier, Barclays blocked customers from making payments to Binance, while Natwest placed limits on how much its customers could send. Nationwide is assessing its position on cryptocurrency transactions, following the FCA's declaration that Binance should not be operating in the UK. Binance has also stopped accepting Faster Payments, which provides quick transfers between UK bank accounts.

Scottex99

lozzy1965 said:

Scottex99 said:

lozzy1965 said:

Scottex99 said:

GeordieGeorge said:

Mje2020 said:

I have never heard of a bank blocking payments to a specific company. Does anybody have examples of this happening before?

Yes, it happens all the time. Western banks will not make payments to companies who have sanctions against them, for example, or who are known to be fraudulent.

As others have said, now that banks keep being on the hook for things they had nothing to do with they are far more careful.

If you want to deal with banks who are less concerned about the risk then a Russian or Somali one would probably let you do whatever you want.

Plenty of regulated crypto friendly banks in the UK/EU, we send Ms through some of ours every day.

On the point of the OP, it's our money, we should be able to send it wherever we want assuming we shoulder the responsibility of losing it. But Barclays are a business too and can set their own rules so i'm not 100% against the decision either.

Not if we are sending it to a terrorist organisation or some other criminal organisation we shouldn't.

Bit of a jump from Binance to Al-Qaeda

Ha ha true.  Or maybe not if the reason Binance have been dumped by Barclays is that they can't demonstrate suitable controls and checks.  My comment was more aimed at your "we should be able to send it wherever we want" comment, rather than specifically Binance

Haha yeah I caveated that after tbf. We "should" be able to barring any sanctions, especially if it's our money personally at risk but I understand there are plenty of protocols yada yada. 

UK gov already cracked down on derivatives and high leverage crypto trading to "protect" investors/speculators/gamblers, didnt really make sense to me as I can go and blow 100k in casino or bookies either online or in person whenever I want. People dont need protecting from wasting their money, apart from maybe fragile OAPs. They banned Bybit for leverage trading and you can just VPN in anyway.

Binance will have it all thought out imo, will create a Binance UK sub or some sister company, have it comply and then do whatever they want with the dot.com, same way they have with Binance US when the SEC started looking at them. Or they'll pay a fine which will cost them the revenue from about one day's trading.

I see the sub thread here about the 1% and controlling the world, I just started confessions of an economic hitman which seems like it could be pretty tasty and entirely plausible

Type_45

GeordieGeorge said:

So it’s a typical “world government” conspiracy then? Who’s behind it? I think I can probably guess…

Go on then...

Type_45

GeordieGeorge said:

The reason I know that it’s absurd is that I’m in investment banking, and have been for years, and have lots of friends in it too. We’re the people who’d have to be behind this plan, or at least fully informed, and we’re not.

I discuss strategy with our CEO, and not once have we opened a secret envelope with our instructions in it. When I’ve had drinks with the Dutch National Bank they’ve never slipped me a briefcase of money and told me to suppress inflation swaps, and when I sat next to Dominic Raab at our boxing club dinner he didn’t check that I’m keeping the plans secret.

I think that's case closed to be honest.  They'd never pull this off without GeordieGeorge.