Categories: Bitcoin Business

Tailor Lifts the Bitcoin Flag to the Fallen Deutsche Bankers

Click here to view original web page at

A “commoner” that serves in ivory towers has brought the people’s message to the fallen bankers and in an historic “mistake” by Simon Dawson, a photojournalist, has brought that message to the front pages of many papers, and thus to the world.

You’d think they’re bankers. They’re tailors. We reached out to the one with the bitcoin bag. Speaking to Trustnodes, he says:

“My name is Alex Riley. I was leaving the Deutsche Bank building as I work for a tailors and I was fitting a client there. I work for Fielding and Nicholson Tailors.

I carry a bitcoin bag with me, it had my gym kit in, but that particular bag I like to take to finance centres for a little fun really. A conversation starter. Most of my clients work at the Big banks such as JP Morgan, Morgan Stanley etc.

I think the cameraman saw an opportune moment to capture me leaving with my colleague, lots of bags (as if we were packed to leave) and obviously the ‘bag’ which is kind of symbolic.”

Symbolic of many things. The mistake itself, of course, encapsulates the origins of the Deutsche Bank downfall.

Like the tailer looks hardly different from a banker, so too their complex sub prime products looked no different than triple A.

From that mistake the bank has not recovered. US regulators, in particular, were keen to single them out for arguably far too harsh a punishment. Billions in never ending fines.

The jewel of Germany now kneels with thousands let go in London and New York in an echo of almost precisely ten years ago.

Far more symbolic may well be that reflection of the people’s money to contrast with what many perceive as a corrupt banking system.

There’s an alternative, it says. There’s new money. A people’s money. The tailor’s money.

Bitcoin too can well be mistaken for a bank. It looks like one in many ways, with long standing criticism arguing it is just copying the current financial system and remaking it in its own image.

A global bank run by tailors that in this case serves not the ivory towers, but the commoners, the rabble, the rejected, the censored, the oppressed, as well as the liberators, and the artists, and the intellectuals, and of course even the bankers.

“The older generation of bankers would probably be completely unable even to imagine how the new system would operate and therefore be practically unanimous in rejecting it. But this foreseeable opposition of the established practitioners ought not to deter us.

I am also convinced that if a new generation of young bankers were given the opportunity they would rapidly develop techniques to make the new forms of banking not only safe and profitable but also much more beneficial to the whole community than the existing one,” Friedrich Hayek in the Denationalization of Money.

There are countless of opportunities in the bitcoin space for the fallen young bankers.

Since the barriers to entry are almost none, save for intellect, and since they now have plenty of time, some may well decide to make their own employment by building a new money system that servers the tailor and the banker.

For the old must eventually give way to the new. Fabricated numbers on a screen must eventually be made to comply with certain unbreachable digital laws.

New forms of banking, beneficial to the whole community, are now possible. Few are better placed than the young bankers, and perhaps even the tailor, to build these new forms, to revive innovation in the most fundamental matter of money, and to create a money system that serves our economies, our nations, our families, and ourselves.



Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

  • Bitcoin Business

Robinhood App Encroaches on Banking Turf with High-Yield Money Tool

Popular stock market and crypto trading app Robinhood is going after legacy banks with the relaunch of a cash management… Read More

12 mins ago
  • Bitcoin Business

The blockchain/crypto week in quotes

“The world that Satoshi Nakamoto, author of the Bitcoin whitepaper envisioned, and others are building, is an unstoppable force.” US… Read More

12 mins ago
  • Bitcoin Business

Art and watch collectors: Here’s how blockchain can stamp out fakes

According to an OECD report on counterfeiting, the world trade in fake goods is worth upwards of S$624 billion a… Read More

12 mins ago
  • Bitcoin Business

Litecoin and the Miami Dolphins Join Hands Over Charity

Who would have known American football and cryptocurrency would go so well together? In a press release, The Miami Dolphins… Read More

6 hours ago
  • Bitcoin Business

Crypto News: Grayscale’s Record Inflows, Shell’s New Blockchain Investment

Increasing amounts of capital are flowing into the crypto and blockchain start-up markets. By following the money, investors can uncover… Read More

6 hours ago
  • Bitcoin Business

David Koepsell (YICB 07), Co-founder of Encrypgen, LLC and Blockchain in Healthcare Global

David Koepsell is the co-founder and chief executive officer of Encrypgen, a software company creating next-generation blockchain solutions for genomic… Read More

6 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More