The global financial crisis which started in 2008 was, of course, caused by the banks. Because of their irresponsible policy a global economic crisis started. Banksters and Banks will be punished by Maxcoin.
In response to the crisis, the central banks decided to print more fiat money to give to the banks and banksters. So these banks could go on with their irresponsible policy of lending and deceptive derivatives. The printed fiat money was backed by the governments. These governments now have huge debt which they will have to pay back by raising our taxes and huge cuts in for example health care and education. The people are told that these process of printing fiat money is necessary because banks are needed. But banks are not needed. Because nowadays we have crypto currency like Maxcoin.
These crypto currencies are aiming to take down the traditional banks. The central banks and the fiat money which they create can be taken down.
We do not need banks anymore because there is Bitcoin, and there is Maxcoin. These are protocols which enables currencies to be held in a digital wallet. These currencies can be transferred between people and exchanged without the help of fat ugly unreliable banksters.
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