When the killer started his rampage on the island, the police could not come fast enough because there were one helicopter. The pilot was in vacation. No one else could replace him. Finally the cops made it to the place. their boat to reach the island broke down. They had to use someone's boat.
Those are the kind of bureaucrat adults in Norway that understand Bitcoin.
Yes. And now Imagine if there was a serious attack from a foreign power, or a very organized group. Perhaps there would be attacks on several different places at once. In effect, Norway would not be able to respond quickly enough. There are talks about getting more helicopters though, I'm not too updated on this. But frankly, a country as rich as norway should always be able to respond within 30 minutes anywhere in the country, and then preferably with the millitary when something like this happens.
And then when all the faults were pointed out after the slaughtering took place, nothing happened for months afterwards. The road outside the prime ministers office was also pointed out as a security risk years before the attacks took place, yet it had not been closed for traffic.
Most national projects are over budget and delayed. That's the state of Norway.
People trust too much in the government, but when the shit hits the fan, are they there to save you?
And have all the people forgotten the crisis in the 1980's where stocks in banks were written down to zero? So much for the safety of the banks, and the protection from the government...
Three banks had all their stocks reduced to zero. All investors lost all their money. This happened because of a very controversial law made in the autumn 1991. This was a law allowing for expropriation which allowed the state to overtake the banks in crisis by zeroing the stocks and avoiding public administration. The law was trumped through quickly. This was done at the end of a year, preventing stock holders from writing the losses off on their tax. Had the govt waited till the next year, the stock holders could've written it off. The govt also ensure that a large number of private stock holders lost all their stocks without any compensation, because of a special law who allowed for expropriation without compensation. 170 000 stock holders in the 3 largest business banks had their stocks written down to zero.
And now with the current welfare system, the financial system will break down in about 20 years. The oil money will run out. Do you think your bank deposits then are safe?? Is it unthinkable that the government will not impose super-taxes to be able to pay for running costs?
What happened in Cyprus? And what are the talks about reducing the Norwegian state guarantee of 2 million NOK pr bank account to 100K Eur according to the EU rules?
Anyone who puts their full faith and trust in a centrally run government and financial system clearly do not understand the issues at play here.
Already we see that privacy rights are evaded, surveillance is being ramped up, and the government want to control everything that's related to the financial system. They want to abolish cash, and naturally they don't like bitcoin much either.
The bottom line is that you cannot trust the state to look after your interests. You're the only one who can protect your own assets and ensure that you survive in the event of a crisis in the future. Gold, silver, bitcoin, real estate, it's your choice where you want to put your money, but the traditional banking system may not be the safest bet depending on what happens in the future.
Many of those who sit in powerful positions are not even comfortable with using e-mail and digital tools, how do you expect them to understand something like bitcoin?
