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Title: 2 more reasons to own bitcoin "demonstrated" Post by: qwerty555 on July 11, 2014, 01:07:51 AM 1 Insurance against frozen fiat
Why would Germany want to rush in legislation that would allow it to freeze bank accounts and seize assets to prop up bankrupt financial institutions? Is it because everything is fine in Europe? New Laws That Allow The Government to Seize Savings Deposits During a Crisis http://www.zerohedge.com/news/2014-07-10/new-laws-allow-government-seize-savings-deposits-during-crisis 2 How did millions of Chinese "buyers" manage to get tens of billions of yuan or dollars out of the mainland - a country which as is well-known has strict capital controls when it comes to individual and corporate offshore outflows? Under Chinese law, citizens are allowed take only the equivalent of US$50,000 out of the country each year: hardly enough to buy a storage closet in any of New York City's Central Park West duplexes. Was any of this assisted by bitcoin, does this explain the large china interest? http://www.zerohedge.com/news/2014-07-10/did-china-just-crush-us-housing-market I |