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Topic: My bank account's got robbed by European Commission. Over 700k is lost. - page 32. (Read 408501 times)

legendary
Activity: 4256
Merit: 1313
Cyprus claims that they'll lift the controls in January 2014.  Any bets on that occurring then?  I know I would not bet on it!


Quote
“The controls are being lifted,” President Nicos Anastasiades told Bloomberg. “They will end within a timeframe of January 2014.”  A finance ministry spokesman sounded more cautious, noting that, while Cyprus was working towards lifting the restrictions “by early next year”, the control on the international movement of capital “might be the last to go”.

http://www.telegraph.co.uk/finance/financialcrisis/10319005/Bailed-out-Cyprus-plans-to-lift-capital-controls-next-year.html
hero member
Activity: 784
Merit: 501
Eventually they are going to outright abolish cash. Make everything electronic and traceable by TPTB.

Sweden is poised to become the first cashless country:

http://www.bloomberg.com/news/2013-04-10/era-of-paper-money-dies-out-in-sweden-as-virtual-cash-takes-over.html

They don't know that bitcoin will be the new "cash" Wink

I bet that when Sweden becomes totally "cashless" Bitcoin will become very popular there. It is an illusion that you can get rid of the black market by making paper money obsolete.
legendary
Activity: 2324
Merit: 1125
Eventually they are going to outright abolish cash. Make everything electronic and traceable by TPTB.

Sweden is poised to become the first cashless country:

http://www.bloomberg.com/news/2013-04-10/era-of-paper-money-dies-out-in-sweden-as-virtual-cash-takes-over.html

They don't know that bitcoin will be the new "cash" Wink

In this article with "cash" they mean: "fiat paper money cash". They fail to see (or mention) bitcoin is cash, too (albeit the url contains the words: "virtual cash"). They would probably categorize bitcoin as something other than cash.



World changing paradigm shifts are very hard to comprehend for a lot of people. Give them time Smiley
donator
Activity: 2772
Merit: 1019
Eventually they are going to outright abolish cash. Make everything electronic and traceable by TPTB.

Sweden is poised to become the first cashless country:

http://www.bloomberg.com/news/2013-04-10/era-of-paper-money-dies-out-in-sweden-as-virtual-cash-takes-over.html

They don't know that bitcoin will be the new "cash" Wink

In this article with "cash" they mean: "fiat paper money cash". They fail to see (or mention) bitcoin is cash, too (albeit the url contains the words: "virtual cash"). They would probably categorize bitcoin as something other than cash.

legendary
Activity: 1190
Merit: 1001
Eventually they are going to outright abolish cash. Make everything electronic and traceable by TPTB.

Sweden is poised to become the first cashless country:

http://www.bloomberg.com/news/2013-04-10/era-of-paper-money-dies-out-in-sweden-as-virtual-cash-takes-over.html

They don't know that bitcoin will be the new "cash" Wink
legendary
Activity: 1316
Merit: 1003
Did you try the link 2 posts above yours?
donator
Activity: 2772
Merit: 1019
BTW: Italy went completely overboard and is pushing for a 300€ limit.

WTF ?!? Can't find this, source?
hero member
Activity: 784
Merit: 501
Eventually they are going to outright abolish cash. Make everything electronic and traceable by TPTB.

Sweden is poised to become the first cashless country:

http://www.bloomberg.com/news/2013-04-10/era-of-paper-money-dies-out-in-sweden-as-virtual-cash-takes-over.html
legendary
Activity: 1974
Merit: 1030
BTW: Italy went completely overboard and is pushing for a 300€ limit.

Err… wow, do you have a source for that?
legendary
Activity: 1316
Merit: 1003
Which country is that?
And its not security concerns but plain and simple control.
hero member
Activity: 812
Merit: 1000
I <3 VW Beetles
Are the cash withdrawal limit waves already? If so, it's not that hard to get the cash out. If this is true I'd advise anyone to do this ....

Capital control is still enforced. ATM limits are the same. From personal account you cannot withdraw more than 300 EUR daily. 5000 EUR is maximum monthly allowance for transfers abroad.
Business accounts can transfer more but every wire to be approved by bank (and they often refuse).



sad. and others in europe will follow.  Roll Eyes

In Belgium cash payments above 3000 euro's are already forbidden.

In Spain is worse, you can pay only up to 2,500€

Can one not pay his taxes in cash?


In the Netherlands you cannot as far as I'm aware (bank account is mandatory).
True, and, we can't get more that I think 1K of the bank, we have to call and go trough a procedure to take more than 1K of our account, which I guess is for safety reasons but still dumb...
legendary
Activity: 1316
Merit: 1003
In Belgium cash payments above 3000 euro's are already forbidden.

what do you mean with "cash payments"?? when you go to a car dealer for example you are not allowed to buy a 10.000 EUR car with cash??? i dont think someone can forbid this.

Its actually quite easy. They cant stop anybody from not accepting cash, but as soon as you want to turn it into the current universally accepted payment method at a bank you would run into problems.
BTW: Italy went completely overboard and is pushing for a 300€ limit.
legendary
Activity: 2324
Merit: 1125
In Belgium cash payments above 3000 euro's are already forbidden.

what do you mean with "cash payments"?? when you go to a car dealer for example you are not allowed to buy a 10.000 EUR car with cash??? i dont think someone can forbid this.

Whether something is forbidden by law and whether a law can be enforced are two completely different things. Think of the smoking ban Wink
hero member
Activity: 905
Merit: 1001
In Belgium cash payments above 3000 euro's are already forbidden.

what do you mean with "cash payments"?? when you go to a car dealer for example you are not allowed to buy a 10.000 EUR car with cash??? i dont think someone can forbid this.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Are the cash withdrawal limit waves already? If so, it's not that hard to get the cash out. If this is true I'd advise anyone to do this ....

Capital control is still enforced. ATM limits are the same. From personal account you cannot withdraw more than 300 EUR daily. 5000 EUR is maximum monthly allowance for transfers abroad.
Business accounts can transfer more but every wire to be approved by bank (and they often refuse).



sad. and others in europe will follow.  Roll Eyes

In Belgium cash payments above 3000 euro's are already forbidden.

In Spain is worse, you can pay only up to 2,500€

Can one not pay his taxes in cash?


Interesting point ... cash has been abolished as legal tender by proxy ... I wonder if there will a test case in the courts some day that put these asinine cash maximum laws against the long standing legal tender statutes?
legendary
Activity: 2324
Merit: 1125
Are the cash withdrawal limit waves already? If so, it's not that hard to get the cash out. If this is true I'd advise anyone to do this ....

Capital control is still enforced. ATM limits are the same. From personal account you cannot withdraw more than 300 EUR daily. 5000 EUR is maximum monthly allowance for transfers abroad.
Business accounts can transfer more but every wire to be approved by bank (and they often refuse).



sad. and others in europe will follow.  Roll Eyes

In Belgium cash payments above 3000 euro's are already forbidden.

In Spain is worse, you can pay only up to 2,500€

Can one not pay his taxes in cash?


In the Netherlands you cannot as far as I'm aware (bank account is mandatory).
hero member
Activity: 854
Merit: 500
Are the cash withdrawal limit waves already? If so, it's not that hard to get the cash out. If this is true I'd advise anyone to do this ....

Capital control is still enforced. ATM limits are the same. From personal account you cannot withdraw more than 300 EUR daily. 5000 EUR is maximum monthly allowance for transfers abroad.
Business accounts can transfer more but every wire to be approved by bank (and they often refuse).



sad. and others in europe will follow.  Roll Eyes

In Belgium cash payments above 3000 euro's are already forbidden.

In Spain is worse, you can pay only up to 2,500€

Can one not pay his taxes in cash?


http://www.youtube.com/watch?v=88bCYz66z4Q

he was foreclosed.

On the mid left, "THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE"
donator
Activity: 2772
Merit: 1019
Are the cash withdrawal limit waves already? If so, it's not that hard to get the cash out. If this is true I'd advise anyone to do this ....

Capital control is still enforced. ATM limits are the same. From personal account you cannot withdraw more than 300 EUR daily. 5000 EUR is maximum monthly allowance for transfers abroad.
Business accounts can transfer more but every wire to be approved by bank (and they often refuse).



sad. and others in europe will follow.  Roll Eyes

In Belgium cash payments above 3000 euro's are already forbidden.

In Spain is worse, you can pay only up to 2,500€

Can one not pay his taxes in cash?
legendary
Activity: 1190
Merit: 1001
Are the cash withdrawal limit waves already? If so, it's not that hard to get the cash out. If this is true I'd advise anyone to do this ....

Capital control is still enforced. ATM limits are the same. From personal account you cannot withdraw more than 300 EUR daily. 5000 EUR is maximum monthly allowance for transfers abroad.
Business accounts can transfer more but every wire to be approved by bank (and they often refuse).



sad. and others in europe will follow.  Roll Eyes

In Belgium cash payments above 3000 euro's are already forbidden.

In Spain is worse, you can pay only up to 2,500€
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