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The damages caused by the protesters have been grossly overstated. I've called my friends in Frankfurt yesterday, and they told me there are more traffic and disturbance during the motor show than there was because of the ECB's new building. Only a few cars were set alight, and everything was quickly back to normal, after a few hours.
My friend also said his last time on the Zeil (Frankfurt's main shopping street), there were people demonstrating and calling for Germany to leave the €. That Germany should stop paying for all those losers in the South... My own last time in Frankfurt, there were greens demonstrating against nuclear power. There's always a lot of happening in Frankfurt...
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The point to remember here is this isn't a Spanish bank, nor a French bank. It's a bank from one of the world's tiniest country, Andorra. The bank has asked for protection, OK, but since technically the bank isn't Spanish, the Spanish government has no obligation, nor any moral duty to reply.
Things would be much different if the failed bank would truly Spanish.
Banco Madrid is Spanish bank. In the summer 2014 the same way was looted Cypriot bank FBME that is also European bank. No it's not Spanish in the sense that it's an affiliate of Banca Privada d'Andorra (BPA). This makes a huge political difference and the Spanish politicians are all too eager to exploit it. |
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There is an immigration problem in Sweden, it's about young entrepreneurs who are moving abroad of this communist country because of the tax and regulatory burden. The country is a terrible failure for the young who would not dare do anything outside of the umbrella of the nanny state. So the few braves are leaving and I guess that someday there will be only civil servants left in Sweden.
Deflation will just move the country quicker to a standstill.
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So what's the choice?
Should I trust myself, or should I trust some unknown service, in some foreign country?
I've chosen to trust myself.
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I guess you need to compare to the number of people who have a bank account and a credit card. Since BTC is easier to get than those 2, it has a huge future?
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Will I reach new customers with it?
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BTC's the villain? I guess some people are just watching too many movies.
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You should travel outside of Algeria. Meet new people, guys and girls with different beliefs than yours.
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I like the idea of an online wallet, but I wonder about your project: what will be the difference between your new service and the existing online wallets?
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It's impossible to compare because of lack of data.
Sometimes, we hear that some hackers have stolen money but the banks do not publish any detail.
Then, when it comes to the theft of banknotes, no one has worldwide statistics.
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The point to remember here is this isn't a Spanish bank, nor a French bank. It's a bank from one of the world's tiniest country, Andorra. The bank has asked for protection, OK, but since technically the bank isn't Spanish, the Spanish government has no obligation, nor any moral duty to reply.
Things would be much different if the failed bank would truly Spanish.
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Yes, I trust myself. I suggest that those who don't wear diapers. You never know what may happen.
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There will always be services like localbitcoins with people exchanging BTC for cash at bars, and there are more and more digital goods, so even if part of the BTC economy can be regulated, there will always be large unregulated activities.
Besides, even with regulation, BTC is far from doomed. Many people are honest and willing to pay their fair share of tax.
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I have yet to earn my first BTC.
I proposed a few clients to pay me in BTC, but they refused so far. I've bought the few BTC I have.
Yes, there's there are sig campaigns, but that only brings small change. No BTC.
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Well they should have been targeting their tax evaders this whole time. One could even argue that if the people of Greece actually paid the taxes that they owed that it could have at least postponed their inevitable bankruptcy.....  How many tax evaders are there in Greece? Considering no one with a fixed salary can do it, only business owners can. So how many successful business managers are there in the whole Greece? Not many, I guess. They're just an bunch a losers trying to hide their global failure behind the curtain of a few black sheep, but Greece's problems are much larger than a few people evading tax. |
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Imagine Greece without the €. Cost of borrowing would be huge.
The cost of borrowing of Greece is not low now, even with the Euro. Even if there is no currency risk (because Greece borrows in Euros), investors factor in a premium for counterparty credit risk. http://www.bankofgreece.gr/Pages/en/Statistics/rates_markets/titloieldimosiou/titloieldimosiou.aspxAccording to the Bank of Greece site, the current yield on 3-year Greek bonds is ~13% and has crossed 20% in the last 2 months. This is not cheap at all.  It is. Borrowing would much more expensive, and nearly impossible, if Greece leaves the €. Greece will leave, then spain, then portugal, then italy... No, not Italy. Spain wants to stay and Italy even more. The European Union without Italy is unimaginable. Italians love the convenience of the Euro and Italy is a founding member of Europe. The problem in Italy is its inefficient administrations. |
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To those who said Twitter, can you be more specific?
Thanks.
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When it comes to bots, I think there's a need for better tools to distinguish genuine transactions from ones by bots.
Anyone has better data than what's on blockchain.info?
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Note that T-Mobile isn't a Polish company, it's German. I guess they're testing the waters, and that they may do it in others countries if their program is successful in Poland.
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