Nomadseif
Newbie
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Activity: 38
Merit: 0
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September 01, 2016, 08:32:10 AM |
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excuse my ignorance but what is a Bail-in? I think the UK is gona try backtrack on Brexit, at least they will do what they can in the deal to minimize the out come, like they will be out but still in and it'll probably cost them more than they were paying before.
There is no coincidence that Brexit happened. They knew what was coming. America has already enabled it to legalize in law thanks to democratic senators Dodd & Frank. The Dodd/Frank act is a guise to seem like they tried to save America from another Bail-Out and then they will blame the banks for Bailing-In. Bad enough they allowed the first Bail-Out only to sucker us to an IN. They will turn the FDIC into an insurance clearing house for the banks. Let me see if I can find better info to catch you up to speed... Original Article and she predicted the 2008 Debacle. https://ellenbrown.com/2015/12/29/a-crisis-worse-than-isis-bail-ins-begin/Italy briefly... EU basics... https://www.dollarvigilante.com/blog/2016/01/26/italian-bank-panic-bail-in-the-next-domino-to-fall.htmlFDIC there is more info on this I just can't find the best article on how they will dupe us... But the banks would still have to spin off certain riskier derivative transactions "that helped bring American International Group Inc. to the brink of failure in the 2008 financial crisis."
Similarly, the Fiscal Times concluded that the cromnibus provision does not mean "that when banks lose money on swaps and derivatives trades, the Federal Deposit Insurance Corporation will have to make them whole. It also doesn’t suggest that, when a bank fails, the taxpayers have to bail out depositors.
"The money the FDIC holds in the Deposit Insurance Fund, and uses to reimburse depositors in failed banks, doesn’t come from taxpayers. It comes from the banks themselves. Secondly, there is no sense in which the FDIC is on the hook to make banks whole if a swaps deal or derivatives trade goes bad. The FDIC insures deposits – hence the name – not the bank itself." Wow interesting read, I'm glad I don't keep my money in the bank, crypto all the way, I only every cash out to fiat what I need for the week! Looks like this is the last act of a dying system, because after this there will be nothing else they can do to keep this false fiat based system alive. It's sad but it also makes me happy that we've reached that point. All we can do it educate people about crypto as a store of value and hope that people listen. |
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nickgogerty
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September 01, 2016, 01:47:48 PM |
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for those in Geneva on sept 30th. Solarcoin discussion: http://www.digitaljournal.com/pr/3057129 |
Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
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nickgogerty
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September 01, 2016, 03:09:42 PM |
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Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
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sussex
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September 02, 2016, 02:43:54 AM
Last edit: September 02, 2016, 03:36:52 AM by sussex |
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.m.
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September 03, 2016, 11:31:32 AM |
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But I still feel a bright future here !  |
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corather
Legendary
Offline
Activity: 1708
Merit: 1000
Solarcoin.org
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September 03, 2016, 04:43:13 PM |
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my eyes!
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corather
Legendary
Offline
Activity: 1708
Merit: 1000
Solarcoin.org
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September 03, 2016, 07:04:54 PM |
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Looks like some beefy granting action going on today.  |
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renbit
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September 03, 2016, 07:39:16 PM |
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But I still feel a bright future here ! gonna need shades |
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TooQik
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September 04, 2016, 12:54:06 AM |
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This concerns me as you're basically saying that SolarCoin is governed by US law which effectively undermines what you're trying to achieve with SolarCoin as a global solar rewards scheme. Are you able to elaborate on this please? |
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corather
Legendary
Offline
Activity: 1708
Merit: 1000
Solarcoin.org
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September 04, 2016, 01:05:23 AM |
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This concerns me as you're basically saying that SolarCoin is governed by US law which effectively undermines what you're trying to achieve with SolarCoin as a global solar rewards scheme. Are you able to elaborate on this please? There are always going to be jurisdictional holes for any program. There are similar issues within the US for various rewards programs by large companies due to local laws. Sometimes things aren't compatible from one government to the next. It's nothing to be concerned with, it just happens. |
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CryptoNick
Legendary
Offline
Activity: 987
Merit: 1003
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September 04, 2016, 03:33:28 AM |
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This concerns me as you're basically saying that SolarCoin is governed by US law which effectively undermines what you're trying to achieve with SolarCoin as a global solar rewards scheme. Are you able to elaborate on this please? There are always going to be jurisdictional holes for any program. There are similar issues within the US for various rewards programs by large companies due to local laws. Sometimes things aren't compatible from one government to the next. It's nothing to be concerned with, it just happens. This has nothing to do with SolarCoin, it has to do with funding Terrorism and dealing with countries that have sanctions for whatever reason. Much of the US law on these guidelines are part of a Global initiative so it really doesn't imply that SolarCoin is controlled by US Law just that it abides by the general laws in place. Why would you want SolarCoin to go against laws or be complicit in transactions that skirt a global general benefit of law? |
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Scalextrix
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September 04, 2016, 05:35:56 AM |
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This concerns me as you're basically saying that SolarCoin is governed by US law which effectively undermines what you're trying to achieve with SolarCoin as a global solar rewards scheme. Are you able to elaborate on this please? You can still send SLR there if you arent a US citizen, but I think the Solarcoin Foundation is registered in the US as a charity so they are limited by US law. |
SolarCoin Address: 8cESoZyjFvx2Deq6VjQLqPfAwu8UXjcBkK Gridcoin Address: SAuPu8zarzQykWLGwxc6JRvW3imM8YU9wc
Pinkcoin Address: 2GTnp7oRn2i6KnuwfGaFh1Ps7RZFyDe6nH MannaCurrency Address: GXDwi6W888jbQZ7a79GTaStxiQsYehisfi
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.m.
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September 04, 2016, 01:03:58 PM |
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Shades enclosed   |
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TooQik
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September 04, 2016, 01:10:02 PM |
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This concerns me as you're basically saying that SolarCoin is governed by US law which effectively undermines what you're trying to achieve with SolarCoin as a global solar rewards scheme. Are you able to elaborate on this please? There are always going to be jurisdictional holes for any program. There are similar issues within the US for various rewards programs by large companies due to local laws. Sometimes things aren't compatible from one government to the next. It's nothing to be concerned with, it just happens. This has nothing to do with SolarCoin, it has to do with funding Terrorism and dealing with countries that have sanctions for whatever reason. Much of the US law on these guidelines are part of a Global initiative so it really doesn't imply that SolarCoin is controlled by US Law just that it abides by the general laws in place. Why would you want SolarCoin to go against laws or be complicit in transactions that skirt a global general benefit of law? I understand what the regulations are doing in regard to Venezuela and am 100% behind not funding terrorism in any guise - although I believe that if you read the documentation referenced above there are only specific people named in the Annex of the documentation that you're prohibited from funding, not the country as a whole. My point of concern is that if that the SolarCoin grant pool is governed by US law then you're effectively limiting it to grants for countries that the US deem "trustworthy" rather than granting to the solar generators regardless of origin.
You can still send SLR there if you arent a US citizen, but I think the Solarcoin Foundation is registered in the US as a charity so they are limited by US law.
It would seem to me that the SolarCoin Foundation should be registered in multiple countries so that is could work around any such restrictions. Given that a lot of the development work being mentioned in press releases is located around Europe it would make sense to register in this region also. That might already be the case. |
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solarcoiner
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September 04, 2016, 02:01:14 PM |
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Hey guys I know I already posted this but if you havn't done this yet then please take the time to submit a request to add SLR to BTC-e I received a reply to my Email yesterday. It was not like what I have seen in the past. It wasn't a template response and It really seemed like they were going to look into it. It would be amazing to see SLR added to BTC-e. So here you go: https://support.btc-e1.com/index.php?/Tickets/Submit/It will only take 2 minutes of your time Thank you Edit: BTW hosting is running out for our block explorer: https://chainz.cryptoid.info/slr/Ill be sending 10$ again when I get home tonight. |
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Nomadseif
Newbie
Offline
Activity: 38
Merit: 0
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September 04, 2016, 03:48:34 PM |
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Hey guys I know I already posted this but if you havn't done this yet then please take the time to submit a request to add SLR to BTC-e I received a reply to my Email yesterday. It was not like what I have seen in the past. It wasn't a template response and It really seemed like they were going to look into it. It would be amazing to see SLR added to BTC-e. So here you go: https://support.btc-e1.com/index.php?/Tickets/Submit/It will only take 2 minutes of your time Thank you Edit: BTW hosting is running out for our block explorer: https://chainz.cryptoid.info/slr/Ill be sending 10$ again when I get home tonight. Done |
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lfloorwalker
Full Member
Offline
Activity: 224
Merit: 150
solcrypto.com
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September 05, 2016, 12:19:48 AM |
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Hey guys I know I already posted this but if you havn't done this yet then please take the time to submit a request to add SLR to BTC-e I received a reply to my Email yesterday. It was not like what I have seen in the past. It wasn't a template response and It really seemed like they were going to look into it. It would be amazing to see SLR added to BTC-e. So here you go: https://support.btc-e1.com/index.php?/Tickets/Submit/It will only take 2 minutes of your time Thank you Edit: BTW hosting is running out for our block explorer: https://chainz.cryptoid.info/slr/Ill be sending 10$ again when I get home tonight. Done Requested and Done, thanks SolarCoiner! Well done. |
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.m.
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September 05, 2016, 07:07:12 AM |
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solarcoiner
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September 05, 2016, 07:40:30 AM |
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Hey guys I know I already posted this but if you havn't done this yet then please take the time to submit a request to add SLR to BTC-e I received a reply to my Email yesterday. It was not like what I have seen in the past. It wasn't a template response and It really seemed like they were going to look into it. It would be amazing to see SLR added to BTC-e. So here you go: https://support.btc-e1.com/index.php?/Tickets/Submit/It will only take 2 minutes of your time Thank you Edit: BTW hosting is running out for our block explorer: https://chainz.cryptoid.info/slr/Ill be sending 10$ again when I get home tonight. Done Requested and Done, thanks SolarCoiner! Well done. Great thank you for your efforts! Lets make this happen!! I won't rest until SLR is actively traded on another exchange with high volume. |
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