Topic: China, Norway, Switzerland economies to take an Epic beating - page 2. (Read 3186 times)

I know but that picture is clearly out of proportion (and clearly photoshopped)! A wave like that would travel inland for 100 miles!!

If a big wave was incoming then the water at the front/ on the shore , would be receding.

yeah but that doesn't even look real, at least to me.

It 's photo of a tsunami not a photo of death star attacking new york.
In case that you don't know it already tsunamis can happen and have killed hundreds of people before.

Are you seriously asking???

I am having nothing against Switzerland. They are considering granting the Bitcoin currency status.. they why we should think about them in a negative manner?

I guess you are just spreading fud but then again its not fud about bitcoin so it's ok 
Btw the photo is photoshopped or real?

Nah, I don't think Norway will have any problems. They have so much oil that they won't have to care for a long time.

Norway always rejects anything new - nothing new under the sun there. Also most people there are very upstuck and brainwashed by the establishment.

The Norwegian state has already shown their cards by declaring that bitcoin is an electronic service, and thus you have to pay VAT when you do a bitcoin transaction. And not VAT on the exchange fee, no actually they say you have to pay VAT on the entire transaction, so if you buy a bitcoin, you have to pay what it costs in local currency + 25%. According to the taxman.

In addition to VAT on the purchase of BTC, you have to pay VAT on the item itself when you buy something for BTC in a store, and if you make any money investing or trading, you're hit with a 28% fee, in addition if you hold a lot of bitcoins, 1% belong to the state as an asset tax.

In reality people ignore this of course.

Better yet, the financial department has recently issued a statement essentially telling everybody that cares to listen that bitcoin is some scary shit and should best be avoided.

It's emphasized that not having a central issuer is a big problem, because then if you lose your private key, there's no central to reissue a key for you.

Having a personal wallet also means you stand a big chance of getting hacked, and at one time there was someone losing bitcoins worth a million, with little chance of getting it back. Just to emphasize how unsecure this new technology is.

And that's just a glimpse of this hillarious piece of information they've managed to make into a press release.

Lets face it bitcoin/crypto's are the future and any kind of maneuvering against an unstoappable force will cause great damage to your economy
the confidence of its citizens and your nations standing in a world run by technology.