That's not a bank.
That's the shard.

I lol'ed


If banks are bad, then BitInstant is bad. How do you feel about credit unions then? Trusts? Any kind of organization or group that handles money for another other group or organization?

Ack, there he goes again 

If you don't hate the nature of banks, you sure will when capital controls come into play.

Just posting this here, so I can dig it back up when this starts to occur for a nice "remember when I said..." post. I simply don't trust banks, at all. Nice people work for companies and organizations that are reprehensible all the time. My complaint isn't with them, more that the bank exists in its current form and is a parasite in the financial system.

I'd diversify and prepare if I were you.

Bitcoin allows me to be my own bank.
A bitcoin bank does not take this freedom away from me.
A bitcoin bank is one click away from its nearest competitor because bitcoin lowers the barrier to entry or exit.

That's how bitcoin banks (like paytunia) are different from traditional banks.
It's not that we don't like traditional banks (ahem): we don't like the way they operate.

You are not wrong but you are missing half of the picture.

Governments is not in control of any currency, I don't know where you took this idea. Government is only regulating this stupid system. "banks" as the actual concept is a real problem because all money in circulation represent a dept and can be taken away from you (as society) at their all mighty willing at any moment. How a monetary system that only depend on its credit can be a good concept for the people. This concept is only good for the banks itself and that's all.

I didn't know that Bank of America and MasterCard who where the first to threaten wikileaks was own by the government...

I don't know the particulars here, but I do know BofA was the target of one of their bigger leaks, so it may not have been solely ideological pretenses.

Government and banking industries are walking hand by hand. But observe this, government is changing while who owns the banks are not so now guess who is telling who what to do.