Bitcoin ‘Bat Signal’ Appears on Slovakia’s Central Bank


Banks in Slovakia, including the country’s central bank, briefly hosted a giant Bitcoin logo on their exteriors July 11 as part of an unannounced protest by a local action group.


Slovak Banks ‘Remain In Darkness’

Photo and video evidence from around the capital Bratislava showed various institutions with a black-and-white ‘bat’ logo depicting Bitcoin and Monero.

The move came courtesy of the Slovak faction of Czech cryptocurrency group Paralelni Polis, a long-standing initiative with a cafe, crypto hub and other facilities in the capital Prague. The Bratislava outlet opened earlier in 2018.

Uploading a video of the protest to Instagram Thursday, organizers appeared to take aim at local banks they say were acting in a hostile manner towards cryptocurrency entities and users.

“Slovak banks, instead of embracing the unlimited possibilities of cryptocurrencies and supporting the emerging crypto companies, due to state regulators or unclear legislation remain in the darkness,” they wrote.

A witch hunt for crypto companies and blocking transactions to crypto exchanges continue. The (en)light(enment) to the banks is an attempt to overcome the darkness, which, like in the 15th century, prevented revolutionary book technology to establish, now in the 21st century, is threatening the rise of a new blockchain decentralized era.

Svetlo do bánk. (English below) Kryptomeny predstavujú pre bankový systém to, čo Gutenbergova kníhtlač pre literatúru. Podobne ako vďaka nemu stratila cirkev kontrolu nad ručným prepisovaním kníh, centrálne banky strácajú kontrolu nad kryptomenami. Slovenské banky namiesto toho, aby sa chopili nevídaných možností, ktoré kryptomeny poskytujú a začali podporovať nové vznikajúce „krypto“ spoločnosti, zo strachu pred štátnym regulátorom či nejasnou legislatívou bohužiaľ zotrvávajú v temnote. Hon na krypto firmy a blokovanie transakcií na krypto zmenárne pokračuje. Svetlo do bánk je pokus o prežiarenie temnoty, ktorá podobne ako v 15. storočí znemožňovala presadenie revolučnej technológie kníhtlače, tak v 21. storočí ohrozuje nástup novej blockchainovej decentralizovanej doby. ——– (En)light(enment) to banks: Cryptocurrencies represent for banking system what Gutenberg’s press was for literature. As the church lost control over the manual rewriting of books, the central banks are losing control over new cryptocurrencies. Slovak banks, instead of embracing the unlimited possibilities of cryptocurrencies and supporting the emerging crypto companies, due to state regulators or unclear legislation remain in the darkness. A witch hunt for crypto companies and blocking transactions to crypto exchanges continue. The (en)light(enment) to the banks is an attempt to overcome the darkness, which, like in the 15th century, prevented revolutionary book technology to establish, now in the 21st century, is threatening the rise of a new blockchain decentralized era.

A post shared by Paralelná Polis Bratislava (@paralelnapolis_bratislava) on

Taking Aim At Arbitrary Bitcoin Blocks

Europe has seen sporadic denial of service to businesses handling cryptocurrency – notably exchanges – since Bitcoin became a more mainstream phenomenon.

As Bitcoinist reported, Holland’s Rabobank and more recently Polish banks have come under fire for their treatment of perceived threats posed by such businesses.

Switzerland, the last country to see its banking sector involuntarily promote Bitcoin, has conversely taken a more hands-on approach to it, becoming a hub of blockchain activity and cryptocurrency implementation at local government level.

Trust Square, a blockchain hub which moved to premises opposite the National Bank of Switzerland, projected the logo onto the institution’s headquarters May 1.

What do you think about the Bitcoin bank projections? Let us know in the comments below!

READ  What the Founding Fathers' Money Problems Can Teach Us About Bitcoin | Innovation

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