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Author Topic: Negative interest Rates around the World - Bitcoin as an alternative  (Read 258 times)
sana54210
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September 13, 2019, 05:07:21 PM
 #21

There is a negative interest rate because those countries are doing well enough COMPARED to other countries, that doesn't mean they are doing as good as it gets.

For example, if the world was financially great and everyone was prospering then there wouldn't be a negative interest rate anywhere, there would be competition between banks to give more and more interest rates until a point that makes it unsustainable for them as well.

However, a person who lives in Netherlands has to accept negative interest since that guy literally lives x10000 better than a person who lives in Argentina which is why I personally feel like negative rates are actually a great deal because people should bring their money from those countries to poorer countries to make a difference there.

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September 14, 2019, 10:31:10 PM
 #22

They are certainly interesting but their volatility plus their legalization always gets into the way of potential investors.   
Also one should understand that the stock market is kind of laid back and so is investing in gold and others but when we think about bitcoins  ..one needs to be super active to actually get the business done therefore it is two times harder to handle .
Therefore people tends to stay away ..

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oaz7t
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September 15, 2019, 05:48:04 AM
 #23

Considering what places like India have been willing to do to force their populations into the banking system by cancelling high denomination notes I wonder what they'd be willing to do elsewhere if they really got a boner for negative interest rates.

Cash is in their sights already. If enough people cottoned on to crypto they might toss their cookies. Guess it might be too late by then.

Help me understand how that is not good for the India ? I mean what I see from the table of interest and inflation is India having interest rate of 4.25 while on the other hand inflation is around 1.54. That doesn't make it negative economy at all. Considering the denominations and implantation of new tax system they all look good to me in first place. They are improving more and more as compared to previous financial year.
I might be taking inflation stuff wrong if you say so. Can you elaborate or sight me a reference to understand these values more?
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