[2014-05-08] Banking Havens Are Obsolete

[aliceHortrex]

http://cointelegraph.com/news/111393/banking_havens_are_obsolete

Further to CoinTelegraph's investigation into Bitcoin's potentially lethal impact on the banks, The Financial Times reported Tuesday that Switzerland has agreed to share the identities of foreign owners of Swiss bank accounts with their home countries.

[hilariousandco]

Keeping your money in Swiss banks seems a bit 80s and a movie cliche now. I guess people might not need offshore banks eventually with Bitcoin, but I bet that's also one of the main reasons the powers that be will try and attack it with too.

Who does the little drawings you've started using now? Some of them are pretty cool (the little lego Dorian man is still my favourite).

[aliceHortrex]

Keeping your money in Swiss banks seems a bit 80s and a movie cliche now. I guess people might not need offshore banks eventually with Bitcoin, but I bet that's also one of the main reasons the powers that be will try and attack it with too.

Who does the little drawings you've started using now? Some of them are pretty cool (the little lego Dorian man is still my favourite).

Oh, it's one of our workers, I'll tell him that you like it, I think he'll be appreciated 

[bryant.coleman]

Who wants the banking heavens when we have Bitcoin? Another blow to the greedy and exploitative global bankers. Bitcoin and other crypto is bringing the Swiss bank near to your house. 

[Code47]

Yes. I can agree with everything written above but tax heavens have more benefits. For example they are safe from wars/civil riots/governmental repressions etc... Rich/powerful people want to have place where to spend their retirement, they wont touch them. Even in postapocalyptic scenario, I think best place to be would be some tax haven island.