Swedish bank forbids 31000 employees from investing in Bitcoin or crypto

[ponicita]

Bitcoin is anonymous and decentralized, good luck bank trying to find them 

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[Searing]

27000 employees will obey and 3000 employees will buy because they know that it is anonymous
they will ask to their grandma to open an account in a bank fo them and they will buy cryptos.

Bankers do not believe in crypto and do no want to believe
it is too dangerous for them, it is like going against oneself...

but there will be always people that go beyond and break the rules
that p


people will be abundant and wealthy tomorrow!

Imagine a world where Satoshi, went to the banks and had a patent for them on blockchain...today we'd be looking at a growing class of Trillionaires..in that they would still charge
the same rates and be able to move $$$ via crypto w/o any real fees

not to mention the savings on labor etc....so a 1-2% transaction fee for everything banking wise yet...with no real costs

they would kill

the above is what has the bankers really pissed at BTC/crypto and Satoshi...what was he thinking? They could all be 10x to 100x richer if he had just done the above

(ah the hate, let it flow off the bankers, into the dark side of the force)

[alyssa85]

I am even wondering if this is even legal to begin with, no entity has the right to forbid anyone even if it’s their employees what to invest and what not to invest in. If the Banks have made their policy clear they can’t force its worriers on what to do.

I'm not sure it is legal either - Sweden hasn't banned bitcoin and individuals should be able to do whatever they like with their own money.

[digaran]

Sure. The bank also said that his employees shall not travel to Riga to visit brothels, that they shall not use dope, that they shall not drink anything with alcohol, that they shall go to bed at 9, and not forget to brush their teeth.

What a bunch of morons!

Thou shall not jump prostitutes? only if I wasn't a fan of them, poor women trying to earn money to make a living. Swedish bank forbids 31000 employees, I simply don't care, because there are 7 Billion people free to invest on Bitcoin and my activity tokens to further my cause which is to achieve nuclear capability and bomb the entire world, because I'm a terrorist, forbid me from doing that if you can.
To those 31000 employees, you could use Chipmixer to hide your Bitcoins.
(note, I'm trying to impress don DarkStar_leone in order to get a half spot in the big family).
What you don't like me? I have a good excuse for my behavior a.k.a a man has got to eat right? lol in magnitude of 7.4.

[Sithara007]

Bitcoin is anonymous and decentralized, good luck bank trying to find them 

Bitcoin is anonymous, but fiat is not so. How can you purchase Bitcoins 100% anonymously? You need to provide fiat cash payment in order to receive Bitcoins in your account. If you are making the payment using your bank account or credit card, then the transaction can be easily traced back to you. One option is to use someone else's bank account.

[Jet Cash]

This seems to be another bit of false reporting and nonsense. If I owned a bank, I wouldn't want staff speculationg in Bitcoin through currency exchanges, especially in these times of extreme volatility. They don't seem to be banning the holding of Bitcoin, but just the speculation in it, and that is reasonable, as heavy losses could temp staff into theft.

[realcrypto]

The swedish bank do not have any right to forbid any employee from investing in bitcoin or crypto because the employees are taking their personal risk it will not in any way affect the bank.

[Fileiro]

Sweden are a bunch of cucks, western cancer

Don't you mean 'Swedistanis'

captain sweden triggered

Haha not even close. I just happen to live there for the moment.

And I was actually agreeing with your original assessment of the Swedes but your IQ obviously left you incapable of deducting this from my reply.

But now that i know you're 'special' I promise not to make fun of you <3

[eternalgloom]

I'd really like to see an accurately translated version of that article.
If this is true, I'd not be too happy working for that bank... Who are they to tell their employees what to do with their own money?

And again we're seeing Bitcoin being tied to criminal activity, if Bitcoin was a person, I'd call it defamation.

[johnniecarlson781]

Actually,  its not a big deal and not so much effective to stop the activity of Bitcoin. Some countries authority or administration is not allowed the Bitcoin transaction but it is not so much effective on total growth.

[Eterbank]

Absurd thing to do. Lol like fiat currency is not used in illegal activities. This just shows that crypto is on correct way to disrupt banks.

[mOgliE]

Hi,

No, it is not an attempt to market the price decrease. And if it is, it is completely ridiculous. The bank as much more means to make a price go down. A few employees selling bitcoin will not make it crash.

I sincerely think that it is simply an attempt from the bank to discourage its employees. Just because bitcoin is still presented in mass media as a tool of the dark/deep web, most people are reluctant to invest. But some do and actually more and more people are buying a few satoshis...

For the banks, this is the real threat. Because they know that if the trend get spread, then people will realize that banks are making them pay for services tthat should be free and on top of that, using their influence to keep control of the market. This is their problem. And this is why they don't want their own employees to possess bitcoin.

I see no threat here, no revolution. Just a fearfull banking institution.

[Seyffertt]

Sweden are a bunch of cucks, western cancer

Don't you mean 'Swedistanis'

captain sweden triggered

Haha not even close. I just happen to live there for the moment.

And I was actually agreeing with your original assessment of the Swedes but your IQ obviously left you incapable of deducting this from my reply.

But now that i know you're 'special' I promise not to make fun of you <3

i'm not joke about you

my phrase was ambiguous, but you a little moron

[just_Alice]

No wonder it has "finally" happened. Now that governments and banks realized that Bitcoin is a way for self-policing and their full powers will begin to be on the wane they're trying to prohibit it, like in China and South Korea, or, in more democratic countries just to draw people over, lure them away. The question is what will people choose: freedom, or yielding to pressure.

[LFC_Bitcoin]

Bank says its too risky the employees get involved in Criminal or unethical activities. Bank also encourages those who already have invested in crypto to sell.

I would assume this is a small attempt by the bank to help lowering the market price...


https://translate.google.com/translate?sl=sv&tl=en&js=y&prev=_t&hl=sv&ie=UTF-8&u=https%3A%2F%2Fwww.nyteknik.se%2Fdigitalisering%2Fnordea-anstallda-forbjuds-handla-med-bitcoin-6894565&edit-text=

I’d tell them to fuck off, I don’t see how they can legally force this.

[VanKleiss]

Bank says its too risky the employees get involved in Criminal or unethical activities. Bank also encourages those who already have invested in crypto to sell.

I would assume this is a small attempt by the bank to help lowering the market price...


https://translate.google.com/translate?sl=sv&tl=en&js=y&prev=_t&hl=sv&ie=UTF-8&u=https%3A%2F%2Fwww.nyteknik.se%2Fdigitalisering%2Fnordea-anstallda-forbjuds-handla-med-bitcoin-6894565&edit-text=

The banks have no right to forbid their employees to get involved in cryptocurrency. Besides having cryptocurrency is not a criminal offense. These banks will surely collapse if they didn't adopt blockchain technology.

[BrewMaster]

how do you actually "prevent" people or your employee even from investing in bitcoin? i mean it is a decentralized market and holding it doesn't need anyone in the middle. you are your own bank and you buy it from others, you don't even have to use a bank for that!

besides it seems like this is more of a warning, as all the rest of the world have warned the newbie investors.

[sabine80]

so sad for the employee. but i think the bank cannot forbid it. the bank can not make a law. people are free and they can still invest in bitcoin. for me is this only a advice, but not a law. its the same as the bank says do not use drugs. but some people will do it nevertheless.

[wiser]

Bloomberg has demonstrated that when it comes to cryptocurrencies, they don't really know what they're talking about. See this article: https://dcebrief.com/bloomberg-editors-reveal-how-little-they-know-about-bitcoin-or-cryptocurrency/

With that said, I wish the bank luck in trying to ban their workers from investing in cryptocurrencies. If they're just saying they can't trade on the clock, that's fine. If they're trying to tell them what they can do at home after hours, that's way too intrusive unless that activity itself were to become illegal. Current Nordea employees have until February 28th to purchase whatever cryptocurrencies they want to hold, and then they can keep holding them according to the article. So... maybe there will be a mini-pump from Scandinavian exchanges towards the end of next month? There might be some employees leaving Nordea to go work for some other bank that has no such ban. That's probably what I would do in that situation. Probably the majority of the workers won't really care about it and will go on ignoring cryptocurrencies like they have up until now.

[ZainSpider]

Thats a terrible news, Wonder what's going on, one after one there has been so many bad news coming,