AikiRon
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Activity: 23
Merit: 0
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November 17, 2014, 03:19:29 AM |
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if this is so, expect large influx into crypto. just in time for pnd's new release, no?  http://www.examiner.com/article/bank-deposits-will-soon-no-longer-be-considered-money-but-paper-investments "On Sunday in Brisbane the G20 will announce that bank deposits are just part of commercial banks’ capital structure, and also that they are far from the most senior portion of that structure. With deposits then subjected to a decline in nominal value following a bank failure, it is self-evident that a bank deposit is no longer money in the way a banknote is. If a banknote cannot be subjected to a decline in nominal value, we need to ask whether banknotes can act as a superior store of value than bank deposits? If that is the case, will some investors prefer banknotes to bank deposits as a form of savings? Such a change in preference is known as a "bank run." Each country will introduce its own legislation to effect the ‘ bail-in’ agreed by the G20 this coming weekend. Large deposits at banks are no longer money, as this legislation will formally push them down through the capital structure to a position of material capital risk in any "failing" institution. In our last financial crisis, deposits were de facto guaranteed by the state, but from November 16th holders of large-scale deposits will be, both de facto and de jure, just another creditor squabbling over their share of the assets of a failed bank." - Zerohedge This is.. massive. I can't really express how I feel about this, just shocked. Though not really, since these people have been working to enslave the masses for so long, they are just ramping it up. They know that the real crash is coming soon. Seriously this is hilarious. The wealthy will be fleecing the rich. Fucking Zombiebanks. Pour it all down the black hole called Derivatives. "...$1.5 quadrillion derivatives bubble..." - Webster Tarpley 1.5 quadrillion lol! Accounts with less than $250,000 at FDIC participating banks will still be covered under FDIC rules. |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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PhiPhi
Member
Offline
Activity: 135
Merit: 10
✯Empowering the Influencer Economy✯
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November 17, 2014, 09:13:47 AM |
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if this is so, expect large influx into crypto. just in time for pnd's new release, no? http://www.examiner.com/article/bank-deposits-will-soon-no-longer-be-considered-money-but-paper-investments "On Sunday in Brisbane the G20 will announce that bank deposits are just part of commercial banks’ capital structure, and also that they are far from the most senior portion of that structure. With deposits then subjected to a decline in nominal value following a bank failure, it is self-evident that a bank deposit is no longer money in the way a banknote is. If a banknote cannot be subjected to a decline in nominal value, we need to ask whether banknotes can act as a superior store of value than bank deposits? If that is the case, will some investors prefer banknotes to bank deposits as a form of savings? Such a change in preference is known as a "bank run." Each country will introduce its own legislation to effect the ‘ bail-in’ agreed by the G20 this coming weekend. Large deposits at banks are no longer money, as this legislation will formally push them down through the capital structure to a position of material capital risk in any "failing" institution. In our last financial crisis, deposits were de facto guaranteed by the state, but from November 16th holders of large-scale deposits will be, both de facto and de jure, just another creditor squabbling over their share of the assets of a failed bank." - Zerohedge This is.. massive. I can't really express how I feel about this, just shocked. Though not really, since these people have been working to enslave the masses for so long, they are just ramping it up. They know that the real crash is coming soon. Seriously this is hilarious. The wealthy will be fleecing the rich. Fucking Zombiebanks. Pour it all down the black hole called Derivatives. "...$1.5 quadrillion derivatives bubble..." - Webster Tarpley 1.5 quadrillion lol! Accounts with less than $250,000 at FDIC participating banks will still be covered under FDIC rules. So this is how it was spun to the British public http://www.theguardian.com/business/2014/nov/09/g20-deal-banking-regulation-mark-carneyIsn't that about the time BTC starting coming back? I agree crash is coming soon however an interesting question is say you have 250k in long term deposit and a 250k overdraft, bank crashes and the long term deposit is now worth 10 cents on the dollar, how much do you have to repay on the overdraft account? Actually I think I know the answer to that. |
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donacid
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November 17, 2014, 01:49:45 PM |
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is there a chance, that PND will add smart contracts in near future?
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cadexn
Sr. Member
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Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
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November 17, 2014, 02:01:30 PM |
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is there a chance, that PND will add smart contracts in near future?
how smart? |
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donacid
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November 17, 2014, 02:03:24 PM |
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is there a chance, that PND will add smart contracts in near future?
how smart? smarter than i-contracts |
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sonihr
Sr. Member
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Activity: 454
Merit: 250
THE TIME HAS COME...
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November 17, 2014, 05:41:38 PM |
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Nice order book!
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What goes around comes around...
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cadexn
Sr. Member
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Activity: 350
Merit: 250
Super Smash Bros. Ultimate Available Now!
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November 17, 2014, 05:44:38 PM |
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great day on IRC today  |
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Tomski
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November 17, 2014, 05:45:34 PM |
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great day on IRC today Sure. Pretty funny |
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bdanyo
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November 17, 2014, 05:45:43 PM |
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bdanyo, please let me know when you're intending to translate the crypto crash course or the website to german, i could help you.
i'm conscious that it won't be on your agenda for near future, but who knows how fast we grow.
Thanks Donacid, we will keep that in mind. Though we had considered German translation before, but brief research indicates most from Germany are proficient in English? What are your thoughts on that? Sorry for the late response. Yeah i think most people who live german speaking countries are intermediate or advanced english speakers. But what i also have to mention is, that when someone never heard something about cryptos for example, it's very helpful that he/she has a tutorial in his/her native language. I don't have the best english and for me it was a pain in the ass to learn something about the cryptocurrencies when i first heard of it. It's not about the difficulty of the topic, but when you don't have the information that you are looking for in your native language, your time effort grows much bigger. PND aims for the mass, which means that most people who will get into PND never heard of cryptos before. So i think most people will get pissed off, because the information that the want is only available in a foreign language, which means it's a lot of more work for them until they can decide if the product will fit for their interests. Short said, you have to keep it simple if you want to gain attraction from new potential customers, this includes also that they have to feel as comfortable as possible when they want to learn something about your product. Appreciate your response Donacid. You make a great point in regards to the complexity and high learning curve of cryptos and having the information displayed in their mother tongue would be a preference. We will keep that in mind in regards to cover more languages for our infrastructure and reach out to you for German Translations! We will offer a bounty from the Community Chest also to compensate you for your time |
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PhiPhi
Member
Offline
Activity: 135
Merit: 10
✯Empowering the Influencer Economy✯
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November 17, 2014, 05:45:56 PM |
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Well if we're giving out extra links I like this one but bear in mind there was a world war going on when it was written. http://newapproachtofreedom.info/pem/index.html |
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sonihr
Sr. Member
Offline
Activity: 454
Merit: 250
THE TIME HAS COME...
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November 17, 2014, 05:52:03 PM
Last edit: November 17, 2014, 06:04:57 PM by sonihr |
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Awesome I was waiting for that!Good job PANDACOIN DEV TEAM!
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What goes around comes around...
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VDechand
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November 17, 2014, 06:05:15 PM |
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The next release is a big release... holy shit i can´t wait... |
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dicksausage
Full Member
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Activity: 220
Merit: 100
PND IS LOVE PND IS LIFE
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November 17, 2014, 06:15:03 PM |
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 #hype |
PND IS BEST COIN （´(ｪ)｀） PND IS LOVE PND IS ONLY COIN （´(ｪ)｀） PND IS LIFE |
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Tomski
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November 17, 2014, 06:15:41 PM |
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Very good job devs. I'm proud of you!
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rmd73
Sr. Member
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Activity: 385
Merit: 252
Think with your brain. It is not illegal (yet).
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November 17, 2014, 06:22:01 PM |
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That release and the "Sneak Preview For the Next Major Release" are just... incredible!
Thank you, developers and community of PandacoinPND!
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sonihr
Sr. Member
Offline
Activity: 454
Merit: 250
THE TIME HAS COME...
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November 17, 2014, 06:23:34 PM |
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#hype INTERESTING... |
What goes around comes around...
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rghmodz
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November 17, 2014, 06:25:07 PM |
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Nice job. It is really good. |
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