/biz/ - Business & Finance

Brexit means brexit

In the Netherlands it's already illegal to have 500 euros in cash in your house

Paste the article

>>53759411
That's because the Netherlands is a shithole.

>>53759411
they trying to get through a ban on cash payments over $10k in straya

>>53759411
link or it didnt happen

>>53759423
https://www.reuters.com/markets/currencies/consumers-face-20000-pound-limit-digital-pound-bank-england-says-2023-02-07/
>its real

>>53759559
Sounds like a complicated solution to a problem that doesn't exist. But it won't stop politicians from laundering money, so they will probably go ahead with it.

>>53759493
>https://www.nu.nl/geldzaken/6183346/hoeveel-geld-mag-je-maximaal-thuis-in-een-sok-bewaren-en-is-dat-handig.html
Okay it's 560 and yes I stretched the truth its not illegal but you need to tell the govt so basically the same thing.
The 1120 is for couples its 560 per person

>>53759411
Nonsense.
You can have an unlimited amount.
Anything below 500 something you dont have to declare to the dutch irs.
Above that you have to declare it so it can be taxed properly.

>>53760666
Taxed? My income is already taxed wtf does my saved money need to be taxed

>>53760752
>My income is already taxed
why then, you'll have nothing to hide
now empty your pockets
and the back of the couch
and show the Gubmnt your stash, theres a good anon

OI YOU GOT A LOICENCE FOR THAT TREASURE?
https://www.bbc.co.uk/news/entertainment-arts-64677364

>>53759411
>In Nederland geldt er geen limiet voor de hoeveelheid geld die u in huis mag hebben. Contante bedragen boven de €560 euro moet u wel opgeven bij uw belastingaangifte.
i bet you didn't even lie on purpose, gullible retards on here just believe all the lies they're told by other retards as long as it suits their favorite narrative

>Economists cook up totally unfeasible plan to increase the velocity of money by putting a cap on savings

Business as usual. Just unusually stupid.

>>53760825
The dutch are the hidden cucks of Europe, people focus too much on Sweden, Germany and the UK

>>53759181
This is just for the coin, to make sure people still use regular money too in order to prevent undermining the banking system.
>e.g 80k pounds & 20k britcoin & 10k sovereigns would be fine
If you read the document it says
>programability features require user consent
This is jsut anons trying to fearmonger. This coin will flop. Either due to user inconvenience which are necessary to prevent "hacks" or user convenience which will result in "hacks."

Lol brexit

>>53760928
every time you read/think past a headline posted here you'll find it is about 97% less sinister than it's made out to be. but most of the retards here are schizo conspiracy brained, they'll adopt the sinister implication without a second thought, and then the next time they read a headline they'll be that much more likely to believe it because the previous one primed them to think the gubment jooz are 100% omnipotent and 100% malicious.
it's hopeless arguing against trapped priors, just point and laugh

>>53760928
>require user consent
Bullshit. They can physically change the rules any time they want and nothing actually stops them. This is just an empty promise.

>>53760666
>Taxed properly
Wut?

>>53760948
Fuck off shill.

>>53759411
Estonia here its 10k euros

>>53759411
ok how about 880,000 USDT in a brainwallet?

>>53760958
>receive mild pushback on schizo worldview on anonymous message board
>immediately accuse anonymous poster of being an agent of the evil forces in the schizo worldview you've constructed
kek, can't make this shit up

>>53760666
thats oof debunked heckin sweatieerino

>>53760928
>require user consent
Giving me flashbacks to the 2021 era vax narrative kek.
>it's your choice goy
>you'll just lose your job/be kicked out of school, not be able to travel and not be allowed into most businesses if you make the wrong one

>>53761016
>[lie]
>lol retard you just completely made that up
>umm sweaty didn't you know that what you just did is bad? we call it Deboonk it's like this epic meme where if someone lies and you tell them they're wrong you're actually the one who's a heckin foolerino!

>>53759181
They are in luck because I'll have no more than 0 digital pounds :^)

>>53761051
This, more or less. People will either be guilt tripped into using it or bail because of peer (NPC) pressure.

>>53760948
There's always so much projection in the assumptions too.
Thinking they are the only ones who can be aware of danger and it's their job to enlighten everyone because of their personal complexes born of chronic loneliness, anxiety and sadness. (Victim, savior, superiority complexes, hpd etc.)
Failure to take them seriously and treat them as saviors results in endless seething being directed at anyone not in agreement with their doomerism. Their personal issues require them to assume everyone is inferior and they are the smartest, most well-prepared, most suffering or most enlightened anons. Usually resorting petty name-calling to imply the inferiority of everyone else who is not behaving exactly as them.
They seek evidence to support their assumptions about society and people, wearing blinders to all contrary evidence. In other words seeking positive, reinforcing, data. And avoid negative, undermining, data.
But even assuming they were correct in their doomer predictions for the point of conversation. They are not the solo savior their complex requires them to act as. Their intelligence, willpower, whatever their coping mechanisms, is not so much greater than anyone elses and they are not so alone in their concerns. Others have them too, they just don't feel compelled to cry wolf to everyone for attention, or reassurance, all the time.
I know a whole bunch of people who still keep thousands in cash under their matress. And not margin cases who can ostracized and rounded up as the solo-saviors want to imply. People with jobs and families who are well adjusted despite the constant implication that "normies" haven't a clue and the "well-adjusted" follow blindly.
>tl;dr doomers are not so different from other -ers and no-one is special

Are you guys stupid or something? The limit is for user safety while they work out the bugs. They'll get rid of the limit after several years, most likely.

>>53759771
no the problem does exist, the problem is goyim becoming independent rather than taking on more debt like a good slave, this solves it nicely

>>53761128
good one

>>53760999
This is real? You can't keep your own property in your house? wtf?

>>53760928
Thanks for clearing that, GCHQ fren!

At no point did anyone suggest this applied to cash, but many governments in europe have a keen interest in technologies to eliminate cash. If you actually read the document it states
>Unlike cash, the amount of digital pounds an individual or business could hold would be subject to some restrictions, during an introductory period at least.

Programmability refers to smart contracts, it has nothing to do with fundamental asset limit, which is at the discretion of the government

>this coin will flop
This isn't hbar, or ICP, or some other shit coin, it's one of the largest economies in the world planning to go digital, it won't flop, it will be the norm for british people in about 30 years

Dumb cope monkey, enjoy having your assets limited by the government and thanking them for the privilege, brits are such spineless statist simps

>>53759181
>>53759411
You guys think that is bad? In the US it is illegal to fuck your relatives.

>>53760752
In the Netherlands your assests get taxed a litle bit. It's not that much. Not like the assrape you get every time you have to pay income tax here. That's insane. 50% if you earn abit.

>>53759181
Perfect, more of this

Buy what they dont want you buying.

>>53759181
whole article, retard
https://cyprus-mail.com/2023/02/10/britons-face-20000-digital-pound-cap-under-bank-of-england-plan/

>Money above the cap would be “swept” into a customer’s commercial bank account given that a digital pound would not be a means for storing wealth, he told members of UK Finance, a banking industry body.

and btw, the digital pound will be private. only a judge in case of a crime would authorize the police to check the ID of the wallet

>>53759181
At least we're not speaking German

>>53760894
This

>>53761392
Spoken like a broken cuck

>>53761003
You know tether can be censored right

>>53761210
well this is by the law over the EU I believe, anyway, these laws are implemented all over the world.
you won't own anything soon

>>53759181
>>53760928
Here's an article on the matter.

>>53760894

>inflation through the roof
>so UK wants to increase the velocity of money

What does that accomplish? You'd just increase inflation while padding out the GDP slightly.

Nigera being the first country to implement CBDC has recently pulled the plug on fiat money, to a degree.

>>53761636
>He actually believes this
Lmao.

I work in banking, and the AML laws are so strict that they file a suspicious activity report to the NCA if you so much as fart, and automatically over 10k.

I like how they don't even bother trying to give you a reason they would limit the amount in your account, let alone a reason to limit your account that's to your benefit.
I think at this point you can kill bankers and politicians in the street and not have to explain yourself.

>>53762218
My GBPUSD shorts will print. The UK is finished.

>>53762243
>less than 0.5% adoption rate on the eNaira
Gotta respect the Nigerians for resisting, though I imagine their government won't shy away from using physical force to increase the adoption rate, if you know what I mean.

>>53761970
No mate there is no law telling me I can't keep my own property on my own property. In the UK you can legally keep as much money as you want at home. Fortunately we left shithole EU zone so they can't make us and if they want to change the law we'll just elect non WEF numptys to change it back fuck this.

>>53762391
They do. It's to stop a rapid outflow of deposits from traditional banks.

Savings is literally the first step to growing an economy


Politicians are so retarded its dangerous

>>53763649
They are not retarded, they are literally doing exactly what they mean to do, they are traitorous outsiders who have sold their souls to the Jewish elite or are Jews themselves

>>53761346
>This isn't hbar, or ICP, or some other shit coin, it's one of the largest economies in the world planning to go digital, it won't flop, it will be the norm for british people in about 30 years
And it's maiden voyage into becoming the new future, like the internet itself, will be launched by a team of slightly autistic anime doll collectors. IT'S GAD DAMN BEAUTIFUL IS WAT IT IS!

Brings a tear to my third eye to be a part of it.

It's a ploy to keep the velocity of money flowing throughout the economy. We are a system predicated on consumption and debt after all

>>53759411
Got a source for that? I'm not saying it's false, but I'd like to have confirmation if you have it.

>>53760666
>Above that you have to declare it so it can be taxed properly.
Holy shit fuck that despotic shithole, what commie woman came up with that retarded law

>>53759411
S
E
C
E
D
E
just make your own country retards; it's that easy

>>53761636
>btw, the digital pound will be private. only a judge in case of a crime would authorize the police to check the ID of the wallet
Wanna know a secret trick?

Everything they don't like will be illegal

Thanks for playing, no refunds!

>>53765251
Have to assume it would be through the equivalent of a FISA court as well.

>>53760948
Shalom Shabtai!

>>53759778
what an ugly place

>>53760948
Yeah bro. Take the jab
Winter vagina is harmless

>>53762243
It always perplexes me how African governments work when the average African is like always 1 foot away from a revolution or murder

It's not like they can bribe their local population with EBT tier support

>>53763649
What economy do britbongs even have?

You can't run a country on kebabs and fish n' chips

Britain doesn't even make anything

>>53760752
We pay that instead of gains tax.

>>53759778
What about physical gold?

>>53765991
>What economy do britbongs even have?
We have financial services, money laundering, commodities are a big part of FTSE, and lots of "consulting" type companies.

>>53760948
glow

>>53762218
Who the fuck is going to hold (or use) 20k of dPound? I can see myself getting out of it as soon as it hits my account. Maybe that's the idea, to boost consumption by making the currency completely unattractive.

>>53759181
> don’t worry goy, we made the limit just large enough so that you can continue to buy supplies and goywidgets from Jeff Bezos. Anything above that will be swept into a custodial account for safekeeping.

What is the point of this, or at least, what reason are they giving for why I'd use it? Is it replacing payment processors? How do Amex,Visa, etc. feel about it?

>>53759181
Banks, mega corps and privileged elite continue to live and carry on with whatever the fuck they want with virtual immunity from the rules governing the goycattle.
Meanwhile the goycattle held down with an iron boot of the big brother tyrant nanny state

>>53760948
>nothing to see here, move along
Rat brain kike detected

>>53759181
i knew at some point they would be making caps on how much money ppl were even allowed to have stored up.
nothing is more dangerous than having wealth and a brain that really knows how to use it to do things.
makes sense they would restrict the cattle from the possibility of ever being rich.

>>53760948
haha HAHAHA

>>53767864
Negative interest rates, regulating spending via expiring money, differential interest rates and stimulus on racial grounds.

>>53760666
>>53760881
>>53765141
I already explained here
>>53759778
Yes I used bad wording. It's not illegal but you have to report, so essentially the same fucking thing you kankermongools.
Physical cash is independence, it's ownership, it let's you control your wealth and having it forcibly taxed is bullshit. Don't try justify it you poedersuiker sniffing kaaskoppen
If you want your beloved state state to get the money then why don't you introduce enforced corporate tax rates and not let the world's conglomerates play the double dutch irish game and get away with nothing

Ga even z'n voeten kussen

>>53761363
fuckig kek