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Author Topic: Negative interest rates continue: German bank first nonstate borrower <0% bond  (Read 1224 times)
pitham1
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April 30, 2016, 10:11:31 AM
 #21

It might make a chaos if all users decided to withdraw their money from bank and that bank use fractional-banking system Roll Eyes
There's no problem if they don't get interest, but to take their money is too much. It can be categorized as stealing.

i'm not even holding anything in the bank, all in bitcoin, minus some dumping here and there to buy stuff that you can not find with bitcoin yet

they can go bankrupt for all i care, more bank going down, more possibility for bitcoin to shine

It is good that you are almost all in bitcoin. I would like to, but I am not so brave. Only small proportion of my wealth is in bitcoin.

That was the way with me too. But with bitcoin appreciating in price and my bitcoin stack slowly going up, it has become a sizable contributor of my wealth.

avikz
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May 05, 2016, 05:06:25 AM
 #22

This had to happen. Ever since the EU moved to EURO, the problem started. Initially the EURO was showing very rosy but not showing its true colours.

This problem can't be resolved overnight and probably will take a decade to get resolved. Not a good sign for the economy.

But it certainly doesn't mean that bitcoin or any other altcoins can be an alternative to the fiat system.

HeroCat
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May 05, 2016, 06:23:38 AM
 #23

The question is who will buy bonds with negative interest rates. I think possible buyer can ask the question - if there is no profit, why I must buy ?  Smiley
Washika
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May 11, 2016, 06:34:30 AM
 #24

The question is who will buy bonds with negative interest rates. I think possible buyer can ask the question - if there is no profit, why I must buy ?  Smiley

For some investment funds, they have to invest whatever the interest rate. So it is good to hold bitcoin, nobody can charge you interest.
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