/biz/ - Business & Finance

>>15653195
Also my bank is the same Danish bank that started offering mortgage loans with negative interest rates too a while ago

>>15653214
how does that even work
banks pay you for taking a loan?

dunno if you're memeing or not but either way, this is coming
in eurozone you can already see small shops put warnings the central national bank isn't providing them with 1 cent and 2 cents coins anymore. goal being to phase these out, push more and more people towards credit cards until they can go full cashless and force everyone to accept negative rates
i understand why burgers are skeptical towards crypto, but one has to be living under a rock to be in europe and not see the cliff ahead

>>15653195
Very bad. Learn to buy stocks so you don't have to pay that bulshit. But be careful it is a sign of a last ditch effort to keep the economy going.

global islamic finance when

>>15653227
Literally

>>15653195
Those with 100k and up might as well convert their money into a stable coin and deposit it into Celsius Network for 3-12% apr.

>>15653228
Not memeing, look up Jyske Bank
>>15653227
Kinda but you still have to pay expenses associated with the loan so you still end up paying more to the bank than they give you in interest

>>15653195
>>15653214
which bank is that?

>>15653195
How the fuck doesn’t this cause a bank run

You’re lying

>>15653250
ALL AROUND THE WORLD IS BANNING SMALLER AND SMALLER AMOUNTS OF CASH IIRC CHINA IS ALREADY CASHLESS. MANY EU COUNTRIES ARE MAKING IT ILLEGAL TO SPEND xAMOUNT OF MONEY IN CASH. THEY WILL OUTLAW REAL MONEY SO YOU CAN ONLY USE CARDS.

>>15653250
I too am skeptical that it has been implemented. It is definitely coming though. Straya just outlawed paying for things >10k with cash. You will keep your money in a financial institution and when interest rates drop below zero, you will be incentivised to spend that money goy, don't think you can save it goy, it will cost you . . .

>>15653250
Half yuropoor countries alrdy have negative interest rates, wakey wakey sweetie.
And in reality every country have them if you add inflation in the maths.

>>15653250
im waiting for this shit to happen

the bank im with (in ausfag land) is giving me a whopping 0.15% pa for my savings account. if the central bank implement negative interest rates they wont pass it on to their loans but will definitely fuck their customers with savings accounts

>>15653195
Time to start a bank. You know with vaults and armed guards for storing cash n gold n shit.

>>15653195
>>15653228
>>15653244
>>15653250
I found a source in English: https://www.reuters.com/article/denmark-rates-jyske-bank/denmarks-jyske-bank-introduces-even-lower-negative-interest-rates-on-deposits-idUSC7N1YH02G
There was a big /biz/ thread about the bank when they announced the negative interest rate mortage loans too.

>>15653195
Belgium has a law that forbits negative interest. So you can always move your money over there

>>15653258
luckily we can buy physical gold and silver

>>15653320
NOT SO FAST
>Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States".

>>15653316
your banks will have higher fees or fail

>>15653266
In my jewed shithole (francistan) the past 20 years the amount you are allowed to pay cash with went as follow :
>100k
>50k
>20k
>10k
>5k
>2k
>1k (currently here)
>goverment pushing for 500€ as limit for cash purchases by end of 2020
At first it was supposed to fight drugs' money laundering, then to fight black market crippling our (((economy))) and since few years of course it's to fight terrorism financing.
This is it fren, the global satanic NWO is about to get implemented, it's the final step before we all get the chip. It will only take them one click to get you out of the banking system, unable to feed yourself, find a job able to pay you but using your bank account, nor rent or buy clothing, or anything for that matter. The ultimate damocles sword above our heads.
>what's this anon? You refused to participate to the weekly shoah rememberance prayer? Well, we have to block your accounts and disconnect your RFID. Yes it mean you aren't allowed to put a feet in our Smart Cities™ nor buy at any GoyMart™ franchise.

I don't want to spoop you too much but it was alrdy all written in the Toronto Protocols that Serge Monast leaked in the early 90's. He got himself killed for that.

SPEND YOUR MONEY GOYIM

>>15653350
Toronto protocols ay, I will give them a look in. Thank you anon.

>>15653350
>1,000 limit for for cash purchases
What the fuck. And I'm reading that greece has a 500 limit? That's absurd. How the fuck can they tell you how you can spend your money. Does America even have a limit at all? Don't people buy $500,000 in cash?

>>15653432
You're welcome fren, it's 2 documents from the minutes of a meeting with the 6 biggest consortium in banking, agri-food and energy defining their long term plan for a global domination over trades. The first doc is from the 1967 meeting and the second one (the most interesting) is from 1985, keep that in mind when you read it because it's crazy how accurate it was.

>>15653459
>What the fuck. And I'm reading that greece has a 500 limit? That's absurd. How the fuck can they tell you how you can spend your money
welcome in EURRS comrade, enjoy your stay

>>15653242
Very smooth pajeet

>>15653274
Hell, I'm Canadian and we've had negative interest on our bank accounts since forever. It sort of gets offset nowadays if you get a cashback credit card which of course everyone has.

>>15653195
This is good for bitcoin

>>15653195
that makes banks less desirable, so good for crypto

>>15653250
>Bankrun
>They are abolishing cash payments in europe and australia.

https://www.news.com.au/finance/economy/australian-economy/ban-on-cash-payments-above-10000-under-proposed-law/news-story/4f6a7daec0d888822060a15e5f038949


The plebs will move to the blockchain once bitcoin has lower inflation than fiat or they will be enslaved in a neofeudal cashless society with negative interest rates.

Cryptocurrency is critical for the survival of western civilization.

>>15653283
Storing cash won't help. They already figured out how they are going to deal with the people who dont want to hold their money in bank accounts. Basically the cash currency will be different than the bank currency. Cash currency will devalue the same negative interest rate as in banks. It's a bunch of fuckery.

>>15653481
Do you live in Toronto by any chance?

>>15653490
Not if they ban cash for plebs.

>>15653258
here in portugal you cant go to the bank and withdraw more than 5k euro

>>15653228
>>15653258
>>15653350
>>15653459
>>15653505
>government prints paper money
>arrests you for using it

>>15653332
thats just in the US

>>15653496
Yes they clearly been researching that because it's obvious that the us won't be able to go into negative rates without losing the reserve currency status so they are going to implement an hybrid system in burgerland.

But for the eu or australia it's going to be pure cashless society with negative interest rates and if you are a bad pleb they will deplatform you but of course you will be invited to go to a shitty bank that will be used to contain troublemakers obviously.

we must all moon together or we will hang separately

>>15653511
Kek

>>15653350
DONT GET THE CHIP!
Revelation 13:16-17 King James Version (KJV)
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:

17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

>>15653515
>we must all moon together or we will hang separately
based but what do exactly?

>>15653350
Pretty redpilled & based fellow here.

Either you are in or out.

>>15653515
I'm a linkmarine though. Bitcoin is nice and all, but it still has scalability issues and the whole blockstream shit. Smart contracts on the other hand will make me insanely rich.

>>15653524
Buy bitcoin unironically , it's the last option for rebellion against the central bank insanity.

They are now trapped in a disaster due to doing quantitative easing for such a long time , we are nearly 50 years since the gold standard so central banks lost all references to reality which is why anything with low supply like housing or bitcoin has been growing non stop.

They don't know how to escape the place they have put themselves in but they are aware the people will hang them if a correction comes and we learn the central bankers have no clothes.

As a result they want to go cashless so they can keep the ponzi by printing money with "no inflation" in reality as india is showing going to a cashless society will only cause an economic slowdown as politicians overtax everyone to hell.

India literally went from growing at 9% levels to 4% in a year , and if they are saying 4% it's probably worse.

But that way central banks move the blame to politicians.

I am not shitting you buy bitcoin and hold , next year it will have lower inflation than fiat.
Once bitcoin starts to grow non stop due to having lower inflation people will start to notice , hell even normies are now aware of the housing bubble , and boomers are starting to wake up as they can't sell their properties and they are being overtaxed due to being revalued at insane prices.

The correction will come as india attempt of demonetization shows but as i said.

we must all moon together or we will hang separately the next 3 years will be hard.

>>15653544
I understand the desire for being rich as an Argentinean bitcoin is a morally position for me , it's the last thing that can avoid a global disaster caused by central banks.

Sure bitcoin is cucked and not the ideal but it acts as a shield protecting the rest of shitcoins , litecoin , dash , monero , bitcoin cash anyone can succeed in the end but if bitcoin falls it's over.

If you study the situation clearly it's clear they have not gonne full cashless due to cryptocurrencies appear , they took them as a joke until 2015-2016 , and 2017 finally scared them.

Now that bitcoin is going back up they are terrified.

>>15653459
All governments are reducing the cash limit at high speed , the central banks are out of tools , the only one remaining is cashless society to tax the plebs to hell.

Crypto is the last chance of humanity to prevent an orwellian future.

>>15653544
buy the real bitcoin
https://www.youtube.com/watch?v=hXUOSCGfuJA&feature=youtu.be

>>15653683

>>15653195
>You have to pay to keep money goy
Unironically put your savings into bullion and crypto.

>>15653547
this. Also mining that new pi coin. Let the banks do their shit. Soon we'll break free

>>15653683
pi will hopefully be a solution. I hope it will be enrolled quickly

>>15653195
Invest in the economy and businesses

This shit will definitely cause a bank run. The rich will get their money into crypto and gold and the poor will be at the back of the queue not able to cash out due to liquidity problems.

>>15653722
During a recession?

Keeping money in bank is stupid either way because every year your money is worth less due to inflation. Most people sont understand this because they dont have much money. But once you get couple of millions, you start to understand how fucked up inflation is and why you HAVE to invest. To beat the fucking inflation. Combine inflation with negative rates and you have a decent monitary policy to force people to spend their money.

Research into reserve protocol.

>>15653722
>businesses
>filled with nepotism, hr people and overpaid CEOs

anon, plz

>>15653726
They will start buying extra stuff and the economy will look good and growing for a while. Then the savings run out and we see the true grimness of the situation

>>15653739
How much stuff can you buy? Another car when you already have a car? Another yacht? Another overpriced house to pay a yearly tax on? Nobody with a gram of common sense will do that.

>>15653748
bruh... they already be doin' dat shit

>>15653761
Only they're not, it's why the Fed is injecting liquidity

>https://www.bloomberg.com/news/articles/2019-09-18/overnight-u-s-funding-rate-at-2-8-elevated-for-a-third-day

We're in the midst of a bank run right now.

>>15653736
It’s a nice idea. But at this end it’s just a shitcoin that will be eclipsed by something centralized that (((they))) issue and control.

>>15653748
You will be surprised how dumb the common people are. Tell them they'll get negative interrest and they start wasting their money on a bigger flat screen. More and expensive cloths and luxury journey. Their are a lot of people who lack a gram of common sense

>>15653739
Then they will push even more negative rates , until the plebs are no longer paid with money but with credits they must spend the same month or are lost.

>>15653785
this scares the shit out of me as it is actually very possible. We might end up in this situation. It would mean so much profit for the big companies.

>>15653806
unironically, invest in crypto so your savings are safe and barter with the goods bought on credits

>>15653195
they will just split their accounts to several banks, solved

>>15653806
It's the logical result of that
>Push negative interest rates
>Economy grows 2%
>Slows down
>Push for more negative interest rates
>Economy grows 2%

Eventually you end up paying plebs with gift cards that expire instead of money kek.

>>15653818
you think that will be possible with capital control in place, look at Argentina

>>15653822
Bitcoin is being traded at almost 12k in Argentina atm , people are escaping fiat as soon as they get their money.

I myself as a freelancer find myself in a funny situation tough , i get my income to bitcoin and then sell it locally.

Now i lost money doing the conversion to bitcoin but then i can recover it with a plus selling it locally since the demand here is massive to avoid the capital controls.

So the invisible hand of the market instead of taking me fees to get my income is now giving me money to use bitcoin instead of other methods.

Satoshi Nakamoto had 200iq and we are heading to full clown world now , at least i will be literally paid to get my money using bitcoin.

>>15653851
you're at the top of the castle, fren

>>15653860
Yes but it's in the titanic.

>>15653258
>fiat
>real money
kek

buy bitcoin retards
altcoins are shit just like FIAT is

>>15653258
it's forbidden to pay in cash for an amount >1,500 euros in France

If you want to take a big amount from "YOUR" bank account in cash they will ask you why

Clown world

BUY BITCOIN RETARDS

>>15653978
I whished it was more stable

>>15654033
This is the most retartded comeback now. Maybe not 5 years ago, but look around you.

These are subtle forms of capital controls in the fucking developed world. They are incentives or punishments that coerce you to use your money in certain ways.

Bitcoin fluctuations shouldn't be a deal when banks have a boot on your neck

>>15654033
use DAI, bitcoin is for idiots who still live in the past
>muh inflation
I'm getting 8% annually on my dai

>>15654105
thanks!

>>15654208
I'm using dydx for 8%
https://trade.dydx.exchange/balances
there's also https://compound.finance, very popular

better buy a bank stock, then.

>>15654088
t. low test faggot

why would you care we are going to 7,000$ during 4 months if you know we are going to 50,000$ in 2021?

NGMI

>>15653558
Look I'm not falling for this "digital gold" or whatever the fuck meme you bitcoin people call it. If the transactions aren't 15 seconds, I'm not buying it. It's backed up by hope and whales manipulating it. LINK would unironically be a better option for a crypto currency since it will be backed by a decentralised oracle network that is needed for smart contracts(in the future ofc, atm nobody is using it).

Also you buying bitcoin does nothing to help against the bankers and nwo. Might as well get rich and then start using whatever crypto has solved the scalability problems. Also decentralised stable coins might be the future.

>>15653232
underrated

>>15654283
LOL what a newfag. i'll give you a little bread crumb......
https://www.blockchain.com/en/charts/hash-rate?timespan=30days

>>15653258
Lol buy Bitcoin and gold dumb ass

>>15653228
Google imf negative interest rates they've got a plan for cash to have negative rates too

How do I make a lot of money out of this?
>>15654352
>>15653332
READ THIS
>>15653332
>>15653332
ALSO NOT HARD TO BAN CRYPTO IF YOU CAN BAN FUCKING CASH

monero is going to $10,000

>>15653521
Jews will sell us the anti christ. They are waiting for his/her/xe arrival.
The cucked churches will sell us the jew anti christ. Children of “god” will have their daddy: satan.

>>15654461
I wonder how many people in my church are getting the chip.

>>15654341
Nobody gives a shit about your hash rate. It cant fucking scale people wont be paying $40 fees to send $700. Ridiculous. Bitcoin's development has been taken over by blockstream who just hinders everything.

>>15654341
hash rate follows price and asic development, it means nothing in itself

>>15654487
We carry it with us everyday already I fear. It just needs to go cashless or an extra % to handle cash. Just like some companies are charging an extra % to use snail mail for bill pay.

America has been kind of subtle about this; for years our highest denomination note has been the $100 bill. In reality due to inflation we need $500 or even $1000 bills, but, no, to pretend our money still has value they keep the highest possible unit at $100.

Wanna buy a $30,000 car in cash? You're counting out three hundred one hundred dollar bills.

>inb4 CDO and credit default swaps start popping up again

>>15653515
>the us won't be able to go into negative rates without losing the reserve currency status so they are going to implement an hybrid system in burgerland.
why would they ever have to fuck around doing something that would cause so much social unrest and political upheaval when they could simply buy assets like they did in 2008. powell was asked if negative rates would be considered yesterday and he said the same, that they looked into it in 2008 and decided to buy assets instead, and that it would be the same this time.

>>15653258
Europe sure does suck.

>>15653493
>cashless society with negative interest rates
the six words that saved bitcoin

>>15655557
>The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt.
>t.trump

>>15653821
money is nothing but that though. people will exchange these credits instead of fiat.

>>15655531
Quantitative easing has diminishing returns also they pump zombie companies.

>>15655644
All central banks are pushing this insanity india being the first casuality.

>>15653231
>stocks
>not PMs

>>15655665
Is india cashless?

>>15655669
>>15653332
I'd be worried.

>>15655657
Money preserves value , this would be evaporated if you don't use.
It's like being paid with gift cards , that's literally feudalism.

>>15655674
India went cashless a year and half ago , not totally yet but they ban nearly all cash payments.

Their economy went from growing 9% and is now in total collapse.
It's almost as if people don't want to be taxed to death and would preffer not to invest or work when the government takes the gains but takes none of the risks.

>>15655681
Buy with cash below whatever the threshold is for having to show ID then stash the shiny somewhere safe. Tell no one.

>>15655712
Things are becoming scary fast.

>>15653214
If you are not taking advantage of this you are literally retarded. Getting paid to own real property.

>>15655752
I guarantee you there are fees to offset your negative interest rate loan.

>>15653332
>The limitation on gold ownership in the U.S. was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars and certificates by an act of Congress codified in Pub.L. 93–373[1] which went into effect December 31, 1974.

>April 5, 1933
>Lasted until
>1 january 1975

>Satoshi Nakamoto Birthday
>5 April 1975

>>15655822
Who gives a fuck, interest costs 6 figures over the course of a long term mortgage. I would pay even a $50,000 fee for a negative interest mortgage. Interest is also the largest portion of your mortgage payment during the first half of amortization, so if you are renting out your property you have greatly increased cash flow. Negative interest mortgages are insane. I'm definitely refinancing all my properties if this shit hits America.

>>15653195
>>15653214
>>15653227

T.absolute state of Europistan KEK.
Jesus. They have been building a entire new housing street at my village with brand new houses and stuff with friendly support of the ECB. Those houses already sold out for an avg buying price of 250k€-300k€.
Not to imagine whats going to happen when interest rates rise up and companies around my village default on new taken debts and faggots who took loans and bought these houses defaulting the same time.

I guess i should save more cash and maybe i can buy up all those houses for a 1 oz bullion coin , keksimus maximus

>>15653195
>>15653214
Fucking bastard banks. This is why I ended up buying crypto (and stocks) to begin with. In Ireland the interest rate was so low when you accounted for inflation your savings account was actually losing you money.

>>15653785
This is unironically what the likes if bertrand Russel wanted.

It effectively will mean you have generational wealth, or you're doomed to be poor

Here's their playbook, anon https://www.imf.org/en/Publications/WP/Issues/2019/04/29/Enabling-Deep-Negative-Rates-A-Guide-46598

If I were in your position, I'd be seriously considering owning some gold and crypto

>>15656296
>Makes fun of Europe
>Posts image of quintessential European history
We have always been and always will be the tip of the cultural spear suhn.

>>15654369
how do you ban crypto in the same way

>>15653683
using this thread to s hill coins.... shame on you and anyone shilling here.. yes even you mister pi phone. fuck you faggots, cant even go 1 thrread without shilling your trash

>>15653350

The most underrated post on 4chan atm.

That French Canadian died trying to expose this to the world but everyone is to busy with the bread and circuses.

Shame.

>>15653243
And your last point is why we will see collapse once again. 2008 happened because even the most naive consumer felt something was wrong and nobody spoke up. That show Nathan for You was actually built around this concept, trying to recreate the effect on a micro level.

>>15653683
We are trying to have a serious discussion, please take your pyramid scheme vidya games the fuck outta here.

>>15653738
Somebody needs to go back.

>>15656727
>>15653350
> Les Protocoles de Toronto
>The Toronto Protocol: the real Plan of the Global Elite

can't find the book online anywhere

>>15656767

Forgot where I found it took some digging because it’s been pretty much scrubbed from the internet.

Good luck anon, it’s worth the effort.

>>15653350
Fucking jews.
Should I buy property in france or will i get fucked?

>>15656783
I searched on google books and it shows a couple of pages

>>15656648
>muh culture

>>15653350
i hope you are armed brother

>>15655693
Indentured servitude

>>15656815
Basically yes.

>>15653195

>>15656862
A bad meme considering that of all central banks he was the only one with balls to try to normalize rates.
As soon as he did that every other motherfucking central bank started to devaluate against the dollar and trump attacking powell.

Say what you want about the fed , they where not the ones in the wrong this time.

>>15656877
i felt that way a few months ago but now im of the opinion that they want to bring this whole mf'er down on low t's watch. they kept rates at zero for the whole term of the obama era, even with his supposed 'green shoots'

>>15656918
>they kept rates at zero for the whole term of the obama era, even with his supposed 'green shoots'

They fucked up so much in 2008 and the obama era that we are in the calm before the storm all this fucker boomers are clueless.

https://fred.stlouisfed.org/series/BOGMBASE

>>15656952
This is true. My legit boomer uncle, a multimillionaire accountant, didn’t understand fractional reserve banking when I tried to explain it to him
>Why aren’t millennials buying houses?

>>15656952
good link, couldnt help but notice this

>>15656985
Look at the bright side , bitcoin is going to be the milenial revenge for them fucking us all.

Not all milenials will make it , only the ones that support freedom , the commie milenials will get fucked with the boomers.

>>15656648
I love how you have to hold on to examples of the past because you have nothing left in the present to be proud of.

>>15653195
Explain please. What's the point for someone to hold money in this bank? Why don't they just withdraw money the same day negative rates were implemented?
In my country banking isn't popular and rates are very high, in my bank for example I can open a savings account with around 18% yearly.

>>15656993
You can't make this shit up what the fuck have these boomers done.

People say bitcoin 1M is insane , but then you realize that everything is in a bubble because of inflation , real estate as a hedge against inflation worldwide , trillions in shaddy banks worldwide hidden from the taxman , and quantitative easing infinity.

We are truly at the right place at the right time in this board , as shithole of a board it can be , we are all unironically going to make it once you look at the numbers you realize we are truly the future with crypto.

All this bubbles will explode and crypto will devour their capital.

>>15653332
If you were a real American you'd know that the law doesn't mean jackshit to us.

>>15657032
>raider posting

>>15657026
>What's the point for someone to hold money in this bank?
Safety. You can put it some place else but there's more risk. You can always lose more.

Wait, I thought all those cash limits were just that you had to report the cash, not that they were being banned?

>>15653692
That's not what happened at all, BSV hardforked while BTC still uses the original chain, that's why no one uses BSV.

>>15657053
> safety
> in the bank
Actually keeping money at home is way more safe, yes u can be robbed but at least the bank jew won't be able to freeze them whenever he wants. Also any bank can collapse.
Even if u think giving your money to the bank jews is safe, why don't just withdraw them from bank with negative rates and put them to other? It's literal clown world getting charged for lending your money to the bank.

>>15653195
So, how long before you start seeing things burning?

>>15655752
A) there are fees
B) only 10 year long mortgages have negative interest rates
C) you could make more money by investing it in something else instead
It's just a ploy to get brainlets who think like you to go spend money on renovating their house or buying a new one.

>>15657031
I'm just barely jumping in right now. I hope I'm not too late. I want to make sure my son has a good life.

>>15657253
As long as you invest in a coin with low inflation and bitcoin game theory you are safe.

That said i would only put money in bitcoin or litecoin atm , mostly bitcoin tough since it already has a community of libertarian autists and won't be scared by governments into selling.

Bitcoin grew massively each halvening event

https://www.tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/

But then i compared it to the chart here.

https://fred.stlouisfed.org/series/BOGMBASE

and i just realized that bitcoin grew 130x in the last halvening even when the us stopped printing money.

Imagine what's going to be when the eu and the usa restart quantitative easing as they are doing now , we may return to the 500x of the early days.

You are not late at all we are absurdly early and then you have to consider that bitcoin will have lower inflation than fiat next year and that also once we reach moore law limits miners won't have to sell to upgrade hardware.

Holy fucking shit , we are literally going to experience 300x gains as in the bitcoin early days the more i look into it it's as if the stars are alligning to pump crypto.

>>15653547
To late BLOCKSTREAM has taken full control over BTC CORE, it's over for BTC. LINK IS OUR ONLY HOPE

>>15653195
Negative interest rates are good for the economy. It makes spending more attractive than saving.

What if I told you 4chan is the foundation of all eventual public thought?

>>15657326
Then why hasn't it worked in Europe or Japan?

>>15657320
blockstream has unironically saved bitcoin , the hashing power is growing so fast a 51% attack will be literally imposible.

>>15657326
>Does not save
>Does not invest
>Lack of infrastructure
>Housing cost 3000 years of wages
>Fertility collapses
>Civilization collapses

It's almost as if manipulating interest rates only help to steal growth from the future by forcing future spending(investments) , in the present (consumption).

Honk honk

>>15657026
There's not really a point. I read some articles and they say that currently it costs banks money to simply keep people's money because they have to pay 0.6% yearly of that amount to the National Bank (because interest rates are so low). They've been accepting that loss for a while to stay competitive but now they can't keep doing it anymore. They expect other banks in Denmark to start doing the same thing soon.
It will incentivize people who care about their savings to start investing, which will be profitable for the bank if it happens through the bank. And people who don't care won't do anything differently.

>>15657319
Your post is giving me exciting vibes. I just wanted you to know.

>>15657600
https://fred.stlouisfed.org/series/BOGMBASE

Look at this chart of the usd in circulation and find when the genesis block of bitcoin was mined.

Satoshi knew he gave a tool to fight back and stand our ground.

>>15657319
I don't own any crypto. Is it good to invest in Bitcoin right now or is it going to crash (to the levels it was at in the beginning of the year) before it rises?

>>15657652
All hail satoshi

>>15657678
Bitcoin is going to experience it's third supply reduction in 237 days(they happen every 4 years).

https://www.bitcoinblockhalf.com/

Every time they happened bitcoin price pumped same demand = less supply causes an increase in price.

I could give you 30 charts showinmg this event called halving or halvening , everyone agrees the price will pump now so yea we are about to enter a bull market , it's a great time to enter bitcoin but as long as you read and learn first otherwise you are going to get bogged by scammers.

>>15657758
I hope so. They said the same thing about litecoin though

>>15653350
>Toronto Protocols
holy shit, thank you

>>15657804
post here if you find the book

>>15653350
I love bizpol.

>>15657887
Image search will bring up individual pages that are chilling. Might as well go and read the communist platform in the Naked Communist while you are at it to see how true that is.
>https://www.beliefnet.com/columnists/watchwomanonthewall/2011/04/the-45-communist-goals-as-read-into-the-congressional-record-1963.html

>>15657887
>>15657804
>>15653350
this it?
https://rightedition.com/2017/09/15/the-toronto-protocols/

>>15653195
LMFAO I LOVE HOW STUPID EVERYONE IS.

>N-NEGATIVE INTEREST RATES? W-W-WHAT DOES THAT MEAN?

MUH WUH? RICH PEOPLE... WANT MY MONEY? DEH? SO SURPRISED? SO CONFUSED? DEHHHHHHH.

>>15658053
i found that link too
is that the whole book?

>>15653350
>>15657804
>>15657887
https://www.amazon.com/Toronto-Protocol-real-Global-Elite/dp/1471070026
is it literally this? on amazon lol?

>>15658088
yeah
but who's gonna buy that
it's better if its a free pdf online

>>15653350
>>15657804
>>15657887
>>15658053
>>15658053
>>15658088
>>15658100
>>15656727
>>15656767
https://www.pdf-archive.com/2015/03/08/the-toronto-protocols-serge-monast/the-toronto-protocols-serge-monast.pdf
found it

>>15657804
>>15657887
>>15658005
>>15658023
here
>>15658113

>>15653195
just buy btc

>>15658113
>>15658119
based anon

>>15658120
b uy
t hat
c oin

>>15658113
>>15658119
appears the original was in French, if anyone wants that:
https://www.scribd.com/document/39869217/Serge-Monast-Les-Protocoles-de-Toronto

>After having experienced, without limitation, the liberation of the morals, the abolition of the
morality (in other words, the wandering of the spirit), they experienced the "Economic Crisis"
and then the "War"
sound about right to you guys?

>After having experienced, without limitation, the liberation of the morals, the abolition of the morality (in other words, the wandering of the spirit), they experienced the "Economic Crisis" and then the "War"
sound about right to you guys?

>>15657652
>BOGMBASE
>BOG

>>15658262
Bogged

>>15654369
Bitcoin cannot be stopped. Go ahead and try.

>>15658300
*destroys the electrical power grid*
there you go

>>15658315
not even that would stop it most miners use their own electric source hydro and solar. minor inconvenience few days no transaction tops.

>>15658315
95% of fiat is digital , and you can't shut all world electricity at the same time , and even if you did there must be miners and nodes with independant electricity.

But then again you won't even be capable of pulling such a thing as countries that are enemies won't ever agree on that crap.

Not to mention this would cause a bank run on the fiat system as people want to take the 95% of money that never existed in the first place.

>>15658344
if you knew how easy it is to shut down the US power grid..

>>15658363
Of course it's easy they must be prepared for a solar storm , that does not mean it will kill bitcoin , you clearly don't know how it works.

It's a p2p system a wallet is nothing more than a key to a place in the ledger which has been runing for a decade.

It could take them weeks to shut down all miners and nodes globally the fiat system would not last 2 days without electricity this days , and with the cashless society crap probably even less.

>>15653511
HONK HONK

>>15658175
>Quebecois
>French

>>15658315
Offline and persistent proof of work secures the historical record from this type of threat. There are copies of the Bitcoin blockchain kept in secure locations that even a solar flare could not harm in dozens of locations around the globe. Once electrical power is restored, the entire process can resume.
Of all the digital records in existence, Bitcoin is perhaps the most likely to survive because you'd need to erase all instances of its data for it to truly be lost.

>>15658330
*disconnects undersea cables*

>>15658395
it's like a Brazilian person telling a Portuguese person they also speak Portuguese. It sounds like a dog trying to speak it, but it is technically the same language.

>>15658458
now that would be dire i agree any event that fragments the internet will put a halt to btc transactions (otherwise risk a catastrophic reorg) miners will mine away empty blocks of course but i wonder what blockstream sat changes on this equation...

>>15653332
land of the free amirite

>>15656765
To HR. And call them the roasties they are.

>>15656648
we wuz romans n sheeit

>>15653283
>Time to start a bank.
Unless your last name ends in -berg, you can't.
Regulations, and all. :^)

>>15653459
You also have to be careful paying large amount of cash because if you have that much on your person or travelling in a car, they can arrest you on suspicion or take that money. Civil forfeiture m8

>>15657326
>Spending good for economy.

>>15653459
>Does America even have a limit at all? Don't people buy $500,000 in cash?
There is no limit, but the police will rough you up and steal any cash they find on your person over a few thousand dollars, claiming it must be "drug money." Unless you're a celebrity, actually rich, or a jew of course.

Having thousands of dollars cash to go buy a car, or even just moving cash from one bank to another, you best not roll through any stop signs. No trial is required, and you'll never get it back thanks to a (((loophole))) in the drug seizure laws; they're not charging you, they're literally charging your money with the crime.

>>15653195
1 satoshi = 1 dollar eoy

>>15656727
>high IQ taking advantage of low IQ

yeah who would have thought

>>15655657
500 bitcoin per ounce of silver

>>15653350
Thats how they introduce laws like this. "Its not going to affect you. Its just for the rich"

>>15658388
would still make using bitcoin much less convenient than something physical. Not to mention slow ass transaction times and high fees. But muh lightning network.

Also please, speak in complete god damned sentences. Rambling child.

>>15659541
>would still make using bitcoin much less convenient than something physical.

You can't take gold through borders , neither more than 10k usd(when the limit was created you could buy a house with this).

>>15657005
You are the time traveler.

>>15653214
steal from large accounts to give to other people in the form of negative rate loans. max keiser predicted this. we are fucked

>>15657026
It’s been implemented in most of the world a long time ago. Banks interest is 5%, inflation is 8.
The thing is most people are just stupid.

>>15653947
Real money will be back soon

>>15653195
At this point I'm confident that a crypto developed by a government or perhaps bitcoin itself will take off for the time being. The easiest way to charge people a negative interest rate is by instituting a currency that is controlled electronically. This could be a path to the mark of the beast coming about. Since bitcoins can easily be lost or sent to the wrong address, the mark of the beast can easily circumvent that by having the persons funds in one place and if someone kidnaps you and steals it, it can easily be reversed and traced. They'd likely use that as a selling point. BUT accepting the mark of the beast comes at the cost of guaranteeing eternal damnation for yourself. Do not accept the mark of the beast.

>>15657356
bristlecone

>>15654525
>>15654573

>>15656696
>if you use non-authorized crypto we will arrest you
BOOM there.

>>15653511
-Central Banks
-Goverment

KYS

>>15653851
-Not spending all your money on Boca Juniors

KYS

>>15654487
666 is www in jew language
which is essentially the internet

>>15653851
>>15653851
Pa, por favor explícame que movimientos haces para sacar ese rendimiento que estoy desesperado. No tengo plata para pagar el alquiler a este ritmo.

>>15661916
in numerology,
6+6+6 = 18;
1 + 8 = 9
9 is somewhat representing qualities of Jupiter, planet associated with Zeus in ancient Rome, father of all gods, or Sagittarius / Pisces in astrology. both these signs are about philosophy, faith, religion and mass culture

some sources also claim that 666 is number of Sun
Sun is your spiritual energy, charge of life, your willpower, associated sign is Leo, often refers to kings / monarchs / royals / pharaoh

there are too many ways to put this in different context to distort original sense

>>15657251
> Have capital.
> Take out mortgage or loan to buy house
> Find tenants to rent too. paying the mortgage.
> At some point you own real estate - And earn passive income.
> House appreciates.

If you have the capital to bridge the 10-30 year mortgage gap - its a steal.

>>15662511
that feel when

>banks are offering negative interest rate mortgages in a last-ditch effort to stimulate the economy

Please don't tell me they're actually that stupid. Did the 2008 housing crash go down the memory hole? This sounds completely unreal. It's like a joke.

>>15659555
>NOOOOO You can't take gold or 10k usd through borders
Obviously youve never been through border patrol.

>>15662630
bail in laws niggar

>>15658363
>>15658315

if you destroy the electrical power grid the least of your concerns will be currency

>>15653195
why would you ever have 100k in cash. you deserve to lose money if you are this dumb.

>>15662699
did you mistype or something? with a negative interest rate it would be stupider of you to have your money in a bank than it would be to just hold it in cash in a sock in the ground in the background.

>>15653739
it in't working. that's the theory but it already is not working and is having the opposite effect.

I have £35k available. Worth dumping into Bitcoin?

>>15654367
Cash already has negative rates it's called inflation

>>15663482
Assuming previous halvening dynamics those 35k good boy points would become at least 200k usd probably way more.

>>15653195
Can't people just move their money to a foreign bank with better interest rates? Or is there some sort of law to prevent Danes from doing that?

>>15663517
Worth purchasing now or on a dip before May 2020?

>>15653968
>pump my shitty obsolete boomer coin
Nah

>>15663538
Most people are dumb and don't foreign bank charge money? It's a lot of countries including the us. Trump recently made a tweet about lowering interest rates to 0 or less.

Can't you buy gold in Argentina to try and protect your wealth or did they pull a Roosevelt?

>>15661251
Might as well try and ban bartering. That's probably going to make a comeback too thanks to this shitshow.

>>15655752
yea take FREE loan for house that will lose half value in couple years and you will still need to pay whole loan

>>15653195
>>15653214

Imagine being such a brainlet you have anything over 5,000 USD sitting in a retarded "savings" account, being eroded by the annual inflation of the money supply.

>>15656648
https://youtu.be/Q-kql7cpcOo?t=71

Bump!

Come on anons, you c-can do it! D-don't let the thread die now!

Gold and silver

>>15662674

Is that why everyone is stacking up in cash? They don’t want it to be stolen by banks that need to balance their sheets?

>>15653195
This is exactly why you don;t leave your money on the bank, start investing it in good projects like UOS.

>>15653350
God I forgot about those protocols. I have them saved somewhere.

>>15665616
Digital currency and a cash ban is being pushed world wide
>>15653332
This is good to realize. The government in us and therefore worldwide can do this.

buy BTC

>>15653232
based mudshit

>>15653350
>>15656727

>>15663881
>buying gold in a third world country
That's a good way to have your family kidnapped and ransomed.

>>15657032
>raiderposting
have you recovering from the assblasting you received from the chiefs yet?

>>15665569
This is the fifth time I've seen this fucking fox but thank you this thread was well worth bumping.

>>15666223
You're welcome! =^_^=

>>15653195
>>15653214
>the absolute state of banks

>>15655707
>It's almost as if people don't want to be taxed to death and would preffer not to invest or work when the government takes the gains but takes none of the risks.
This has nothing to do with cash or debit. Cash is just inconvenient, more risky for business, makes transactions take much longer, and can be used for crime/black market

imagine being so deep into black money that you can't trust banks with a clear conscience

>>15662053
El chabon labura para clientes internacionales, debe estar en el rubro de IT. Le pagan en bitcoin y ahí pierde una moneda por la conversión del dólar a btc (que le hacen los que lo contrataron). Vende las btc acá en lo que sería el precio "blue" del bitcoin y recupera lo que perdió en la conversión usd a btc y hace una diferencia por vender en negro las bitcoin acá en pesos.
No es nada que puedas hacer si laburas en pesos en la Argentina. Para hacerla corta cobra en bitcoin desde afuera y las mueve en el mercado interno.

>>15666597
Entendí para el orto, el compra las bitcoin afuera. Es lo mismo, le pagan en dólares por laburo freelance a empresas de afuera, compra bitcoin por internet a precio dólar y las vende al blue acá en pesos

>>15664246
Good point

>>15653214
You sure it's an actual bank?

>>15653459
Police can confiscate your money if you are carrying a high amount.

>>15655712
Buy bullets. You think the millions of people who are holding worthless papers will care much about gold?

>>15657012
Name a fucking place that has present examples asshole.

>>15666597
>le
Go back to plebbit

>>15653214
This is a Danish/Swedish thing, nobody else does this shit so don't worry.

Keeping money in savings accounts is literally throwing them away tho

>>15667667
>Keeping money in savings accounts is literally throwing them away tho
How?

Bump

>>15667658

kek

>>15657326

Savings are needed to start businesses. No savings, no jobs.

>>15653683
>>15653692
sv is cheap chink knock off shilled by a world renown aussie scammer and black belt drunken shitposter

Does this mean more Euros will be flooding into crypto soon?
If the banks keep this negative interest bs up, it would be outright logical as a next move..