Bitcoin Forum
July 21, 2019, 11:48:58 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: The next weapon in the war on cash: capital controls  (Read 385 times)
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1001


In Satoshi I Trust


View Profile WWW
February 08, 2016, 03:54:00 PM
 #1

The next weapon in the war on cash: capital controls

Walking past Poundland this week, I saw a sign in the window: “Free to use cash”. Gosh, I thought, has it come to that already? Let me explain. I had been thinking about Haruhiko Kuroda introducing negative interest rates at the Bank of Japan. I’d been thinking about just how much of the bond market in Europe offers a negative yield to maturity (about 30%, UBS’s Bill O’Neill told me this week). And I had been reading an article written by one of my colleagues about what might bring negative interest rates to the UK.

http://moneyweek.com/the-next-weapon-in-the-war-on-cash-capital-controls/

1563709738
Hero Member
*
Offline Offline

Posts: 1563709738

View Profile Personal Message (Offline)

Ignore
1563709738
Reply with quote  #2

1563709738
Report to moderator
1563709738
Hero Member
*
Offline Offline

Posts: 1563709738

View Profile Personal Message (Offline)

Ignore
1563709738
Reply with quote  #2

1563709738
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563709738
Hero Member
*
Offline Offline

Posts: 1563709738

View Profile Personal Message (Offline)

Ignore
1563709738
Reply with quote  #2

1563709738
Report to moderator
The Pharmacist
Legendary
*
Offline Offline

Activity: 1582
Merit: 3013



View Profile
February 08, 2016, 04:03:20 PM
 #2

Interesting read, thanks for posting the link.   Too bad it didn't mention bitcoin, which is definitely an alternative to holding foreign currency or precious metals. 

yenxz
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
February 13, 2016, 10:35:34 AM
 #3

The next weapon in the war on cash: capital controls

Walking past Poundland this week, I saw a sign in the window: “Free to use cash”. Gosh, I thought, has it come to that already? Let me explain. I had been thinking about Haruhiko Kuroda introducing negative interest rates at the Bank of Japan. I’d been thinking about just how much of the bond market in Europe offers a negative yield to maturity (about 30%, UBS’s Bill O’Neill told me this week). And I had been reading an article written by one of my colleagues about what might bring negative interest rates to the UK.

http://moneyweek.com/the-next-weapon-in-the-war-on-cash-capital-controls/
after money laundering,i think capial control will appear as good weapon to make goverment considering to make more tight rules.
Redrose
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
February 13, 2016, 11:12:34 AM
 #4

I wait with a lot of impatience the say where people will be aware that the governments are manipulating them and that they're money is worthless and can be restricted whenever the government wants. This day, Bitcoin will be the solution for their redemption !


                 ▄▄▄██████████████████▄▄▄
            ▄▄██▀▀▀▀▀███████████████████████▄▄
        ▄▄███▀   ▄▄▄   ▀████████████████████████▄▄
     ▄██████  ▄███████▄  ▀██████████████████▀▀▀█████▄
   ▄███████    ███▀▀ ██    ███████████  ███▀  ▄███████▄
  █████████▄  ▄█▀  ▄███    ██████████  ▄██  ▄███████████
 ██████████████▀  ████▀   ▄██▀▀▀████  ▄████▀  ███████████
██████████████▀  ▄███▀   ▄█▀  ▄▄ ██▀ ▄█  ██  █████████████
██████████████   ▀     ▄██▀  ▄█  █▀  █   █▀▄  ▀███████████
█████████████▀  ▄███▄  ▀██   ██ ▄▄▄  █▀ ▄▄▀█▄  ▀▄█████████
█████████████   █████   ▀██▄ ▀▄████▄  ▄███▄▀  ▄███████████
 █████   ▀██▀  ▄█████    █▀▀█████████████████▀███████████
  ████   ▄█▀   █████    ██ ▀▄█▀▄▄▀█ ▀▄▀█▀▄▀ █▀█ ▀▄██████
   ▀███▄▄   ▄█▄ ▀▀     ███ █ █ ▄▄▄█  █ █ █  █ █ ██████▀
     ▀██████████▄▄▄▄▄█████▄█▄██▄▄██ █▄███▄█▄█▄█▄████▀
        ▀▀██████████████████████████████████████▀▀
            ▀▀██████████████████████████████▀▀
                 ▀▀▀██████████████████▀▀▀
      ..Supported by..
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|
|
|
|

   ▀██▄       ▀████▄
▄    ▀██          ▀██▄
██▄ ▄███         ▄█████▄▄
 ▀███████▄     ▄██▀ ▀▀████
      ▀████▄ ▄██▀     ▀█▀
        ▀████▄
        ▄█▀████▄
      ▄███▄▀▀████▄
    ▄████▀    ▀████▄
  ▄████▀        ▀██▀█▄
  ▀██▀            ▀██▀
markj113
Legendary
*
Offline Offline

Activity: 2198
Merit: 1041



View Profile
February 13, 2016, 11:30:38 AM
 #5

Until they ban bitcoin and impose long prison terms for those caught using it.
Redrose
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
February 13, 2016, 11:33:55 AM
 #6

Until they ban bitcoin and impose long prison terms for those caught using it.

That would make us all rich, because like it has been proven again and again through History, everything which is banned or restricted become really expensive.


                 ▄▄▄██████████████████▄▄▄
            ▄▄██▀▀▀▀▀███████████████████████▄▄
        ▄▄███▀   ▄▄▄   ▀████████████████████████▄▄
     ▄██████  ▄███████▄  ▀██████████████████▀▀▀█████▄
   ▄███████    ███▀▀ ██    ███████████  ███▀  ▄███████▄
  █████████▄  ▄█▀  ▄███    ██████████  ▄██  ▄███████████
 ██████████████▀  ████▀   ▄██▀▀▀████  ▄████▀  ███████████
██████████████▀  ▄███▀   ▄█▀  ▄▄ ██▀ ▄█  ██  █████████████
██████████████   ▀     ▄██▀  ▄█  █▀  █   █▀▄  ▀███████████
█████████████▀  ▄███▄  ▀██   ██ ▄▄▄  █▀ ▄▄▀█▄  ▀▄█████████
█████████████   █████   ▀██▄ ▀▄████▄  ▄███▄▀  ▄███████████
 █████   ▀██▀  ▄█████    █▀▀█████████████████▀███████████
  ████   ▄█▀   █████    ██ ▀▄█▀▄▄▀█ ▀▄▀█▀▄▀ █▀█ ▀▄██████
   ▀███▄▄   ▄█▄ ▀▀     ███ █ █ ▄▄▄█  █ █ █  █ █ ██████▀
     ▀██████████▄▄▄▄▄█████▄█▄██▄▄██ █▄███▄█▄█▄█▄████▀
        ▀▀██████████████████████████████████████▀▀
            ▀▀██████████████████████████████▀▀
                 ▀▀▀██████████████████▀▀▀
      ..Supported by..
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|
|
|
|

   ▀██▄       ▀████▄
▄    ▀██          ▀██▄
██▄ ▄███         ▄█████▄▄
 ▀███████▄     ▄██▀ ▀▀████
      ▀████▄ ▄██▀     ▀█▀
        ▀████▄
        ▄█▀████▄
      ▄███▄▀▀████▄
    ▄████▀    ▀████▄
  ▄████▀        ▀██▀█▄
  ▀██▀            ▀██▀
indiemax
Hero Member
*****
Offline Offline

Activity: 720
Merit: 500


View Profile
February 13, 2016, 11:49:15 AM
 #7

By reading the tea leaves it does appear the world economy is going down the shitter and like the guys says, it's worth considering what Governments will do

I'd say start looking at Bitcoin, anon coins ,how to mix,VPN's tunnels etc, secure messaging,PGP etc etc

as we all know they are watching every move we make Grin
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!