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Topic: Cash will be abolished & negative interest rates via bank accounts enforced - page 2. (Read 1579 times)

staff
Activity: 3500
Merit: 6152
"Soon cryptocurrency will be the only 'free' money left" they probably won't let this happen for sure , it will become a threat for them definitly however if this happens for one reason or another , we will definitly go to the moon Grin
hero member
Activity: 770
Merit: 504
What sounded like a conspiracy theorist's rantings only a few years ago is rapidly becoming reality. 
 
Look at this: 
Negative interest rates could be necessary to protect UK economy, says Bank of England chief economist

http://www.telegraph.co.uk/finance/bank-of-england/11874061/Negative-interest-rates-could-be-necessary-to-protect-UK-economy-says-Bank-of-England-chief-economist.html 
 
Soon cryptocurrency will be the only 'free' money left.  If you want to use government backed currency, you will be forced to use a bank.  If you want to continue using a bank, you will be forced to pay for the privilege.  Instead of banks competing to give you the highest interest rate, they will compete to take as little of your money as possible.   
 
Holy shit.  It's really happening. 
 
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