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Topic: My bank account's got robbed by European Commission. Over 700k is lost. - page 20. (Read 408494 times)

donator
Activity: 2772
Merit: 1019
Im scared AF to cash out on my little Bitcoins I have, it's very scary to know they can froze your entire saving accounts out of nowhere. My friend tried to withdraw 0.5 BTC and he got his bank account frozen until they basically want to unfroze it. I'll have to re-check im doing it all perfect if I ever want to withdraw some BTC.

I think what you mean is not "withdraw", but "sell", right?
legendary
Activity: 4214
Merit: 1313
In hindsight, yes, things were clear, but not at the time.

We are dealing with two extremes here: freedom and authoritarianism.  Whether the authoritarianism is socialism, communism, fascism, corporatism, dictatorships, or some other -ism, they are all cut from the same cloth:  power-hungry people seizing the reins of a government by some method (elections, perverting the governing documents of the country, guns or whatever) and then attempting to control everyone else through force and deceit.

The fight isn't between the left and the right, but the free and the ones who want to control and enslave them by hook or by crook.  

The sooner people realize the fight is between being free or not - and that includes attempting to use the government to live at the expense of someone else through getting something for "free" (free to them, someone is always paying), the better.  

One hopes that Bitcoin will help to make it clear that what you earn belongs to you, not someone else merely because they want it.

+1000.

TPTB want to paint it left vs right to obscure the real issues and the real sides of what is going on.  Free or not.  Controlling others or being in control of yourself.
sr. member
Activity: 322
Merit: 250
Im scared AF to cash out on my little Bitcoins I have, it's very scary to know they can froze your entire saving accounts out of nowhere. My friend tried to withdraw 0.5 BTC and he got his bank account frozen until they basically want to unfroze it. I'll have to re-check im doing it all perfect if I ever want to withdraw some BTC.
hero member
Activity: 574
Merit: 500
I would not keep money in Cyprus. They try to convince people that it is safe now, but I doubt it.

Cyprus was just the weakest link. You think others are much stronger?
Other country's banks are stinger then Cyprus's banks are/were, however they are still generally unsafe by most standards.
sr. member
Activity: 406
Merit: 250
This is nothing else but stealing. That is what I am afraid of, even though I don't have not even close to 100k, still the less you have it seems you fear more of losing it, since it means more to you.
sr. member
Activity: 1512
Merit: 326
thats really crazy . the bank can help you or not ? i dont know about the bank you used but i think bank can handle this to give your  money back and track account of thief . and if i be like you maybe i just put my money in real bank who never online and never open it if i dont need it  .
btw sorry for your loss
sr. member
Activity: 336
Merit: 260
I would not keep money in Cyprus. They try to convince people that it is safe now, but I doubt it.

Cyprus was just the weakest link. You think others are much stronger?
full member
Activity: 154
Merit: 100
I would not keep money in Cyprus. They try to convince people that it is safe now, but I doubt it.

legendary
Activity: 4214
Merit: 1313
Cyprus is what originally caused a lot of interest in BTC in early 2013 and it's run up. It allowed people to see the benefits of being able to control you money the way that BTC allows.
Supposedly, other 'cypruses' will have a similar effect.

This one for example is a good start:

http://moneysaverhq.heraldsun.com.au/news/government-grabs-360-million-from-idle-household-bank-accounts/story-fnkrnsiy-1226950657835

Another example, "idle" accounts in the US State of Georgia are taken after 1 year, it mentions the facts from the article above - at least Australia is 3 years!

http://www.shtfplan.com/headline-news/georgia-to-seize-dormant-bank-accounts-government-is-going-to-grab-it_06122014
http://www.sovereignman.com/trends/introducing-the-newest-tactic-for-governments-to-raise-cash-14566/
legendary
Activity: 3108
Merit: 1531
yes
People are incentive driven. Too much of openly grabbing money will bite back.
hero member
Activity: 731
Merit: 503
Libertas a calumnia
Cyprus is what originally caused a lot of interest in BTC in early 2013 and it's run up. It allowed people to see the benefits of being able to control you money the way that BTC allows.
Supposedly, other 'cypruses' will have a similar effect.

This one for example is a good start:

http://moneysaverhq.heraldsun.com.au/news/government-grabs-360-million-from-idle-household-bank-accounts/story-fnkrnsiy-1226950657835
sr. member
Activity: 336
Merit: 260
Cyprus is what originally caused a lot of interest in BTC in early 2013 and it's run up. It allowed people to see the benefits of being able to control you money the way that BTC allows.

Supposedly, other 'cypruses' will have a similar effect.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
More 'cypruses' on the way.

Cyprus is what originally caused a lot of interest in BTC in early 2013 and it's run up. It allowed people to see the benefits of being able to control you money the way that BTC allows.
legendary
Activity: 2324
Merit: 1125
Saddam wanted to deal in euro, Gaddafi wanted gold based money. Also there is this:



We deliberately went after the most developed country in Africa, by our standards. There are far worse people we could have gone after, like the guy who runs into battle naked and eats children. That's not even a joke or hyperbole.

It's all bullshit.

I always assumed known it was all about proof. I remember being in Eastern Europe and everyone questioning why the most developed country in the entire reason got that crap.
hero member
Activity: 854
Merit: 500
Let's all remember how this thread started. Laiki shut down completely this week: http://famagusta-gazette.com/million-laiki-bank-accounts-moved-to-boc-p23894-69.htm

Hopefully zeroday is still doing OK.
sr. member
Activity: 868
Merit: 250
Paul Krugman can keep arguing that debt doesn't matter, but I'll stick to real world economics and keep an eye on US debt lest this happen to me.

It's a bit different. This would never happen in the US in my opinion.

If US can invalidate math, then yes.

The theoretical upper limit is the interest paid on debt: an economy can't pay more interest than the face value of goods and services it produces. 

Of course, the Federal Reserve can simply reduce the interest rate near zero through a trick, as they are already doing for the US government (interest paid by the government on US debt held by the Federal Reserve (QE) is paid back to the government). They can to do it forever. But there is a price tag: it is destroying market mechanisms (interest market - the core of capitalism - through artificial interest rates), thus eroding capitalism on the long term and finally blowing up the currency. The only way out is the belief in Krugman's  outer space alien attack. http://www.youtube.com/watch?v=KyxURk_c5dU



member
Activity: 112
Merit: 10
Paul Krugman can keep arguing that debt doesn't matter, but I'll stick to real world economics and keep an eye on US debt lest this happen to me.

It's a bit different. This would never happen in the US in my opinion.

http://www.examiner.com/article/does-dodd-frank-set-up-bail-for-u-s-banks-to-follow-cyprus

were all fucked.

Very interesting article. Thank you for posting it
legendary
Activity: 2268
Merit: 1278
Saddam wanted to deal in euro, Gaddafi wanted gold based money. Also there is this:



We deliberately went after the most developed country in Africa, by our standards. There are far worse people we could have gone after, like the guy who runs into battle naked and eats children. That's not even a joke or hyperbole.

It's all bullshit.
STT
legendary
Activity: 4088
Merit: 1452
That last rumour was for Gaddafi I think.    Iraq had no trade for oil for gold or anything at all except where allowed by UN in exchange for goods, they were not able to make demands at that time.   Makes the war kinda pointless since they were largely disarmed.

There were allegations of corruption, bribes for the oil but I dont think this was enough reason to invade

http://en.wikipedia.org/wiki/Oil_for_food
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