Banks have been fined more than $340 billion since 2000 for violating the rules. Bitcoin is not the problem. The current system is. Bitcoin is the solution.

The current system requires that we can have blind trust in the institutions, but history has shown us that they never cease to violate this trust.Since 2000, banks around the world have had to pay more than $340 billion in penalties for violations of rules in the financial services world. The reasons for these violations are varied:Mortgage abuses.Fraud.Toxic securities abuses.Investor protection violation.Economic sanction violation.Consumer protection violationForeign Corrupt Practices Act.Anti-money-laundering deficiencies.Banking violation.False Claims Act and related.Foreign exchange market manipulation.Price-fixing or anti-competitive practices.Interest rate benchmark manipulation.Tax violations.I'll stop here, but I assure you that the list is long. To get a better idea, I invite you to discover for yourself the Violation Tracker maintained by the Good Jobs First website: https://bit.ly/3W2sERU the top of this shameful ranking:Bank of America - $83B in penaltyJPMorgan Chase - $36B in penaltyCitigroup - $25B in penaltyWells Fargo - $22B in penaltyDeutsche Bank - $18B in penalty via /r/Bitcoin https://bit.ly/3FZwSUF