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Offline onceuponatime

A BitShares' Marketer's Dream Headline!
« on: October 30, 2014, 04:36:52 PM »

The Wrath of Draghi: German Savers Hit with ‘Negative Interest Rates’

"Deutsche Skatbank, a division of VR-Bank Altenburger Land, which was founded in 1859, is not the biggest bank in Germany, but it’s the first bank to confirm what German savers have been dreading for a while: the wrath of Draghi.

Retail and business customers with over €500,000 on deposit as of November 1 will earn a “negative interest rate” of 0.25%. In less euphemistic terms, they have to pay 0.25% per annum to the bank for the privilege of handing the bank their hard-earned money or their business cash."

http://wolfstreet.com/2014/10/30/the-wrath-of-draghi-first-german-bank-hits-savers-with-negative-interest-rate/

Offline GaltReport

Re: A BitShares' Marketer's Dream Headline!
« Reply #1 on: October 30, 2014, 04:39:03 PM »
Just plain crazy.  Soon to be coming here if the banks have their way.  You are right about it being great marketing slide/image/headline material.

Offline Empirical1.1

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Re: A BitShares' Marketer's Dream Headline!
« Reply #2 on: October 30, 2014, 08:25:18 PM »
 +5% +5%

Exactly the kind of thing that will get BitCurrencies noticed soon enough.

At low/no interest mainstream aren't happy but they won't switch, but negative interest rates, well that's a different psychological story :)

Offline onceuponatime

Re: A BitShares' Marketer's Dream Headline!
« Reply #3 on: November 02, 2014, 05:33:45 PM »
http://www.zerohedge.com/news/2014-11-01/warning-avoid-corrupt-third-world-country-all-costs


Warning: Avoid This Corrupt, Third-World Country At All Costs


Submitted by Tyler Durden on 11/01/2014 23:02 -0400

 

Submitted by Simon Black via Sovereign Man blog,

    John Anderson, an American tourist from San Clemente, California, was driving down a poorly-maintained highway when he saw flashing lights in his rearview mirror.

     

    After a brief exchange with the local police officer, Anderson was shocked when the cop started searching his vehicle.

     

    Anderson had $25,180 in US dollar cash in the car, which by the way was not a crime according to the local laws.

     

    When the cop saw it, he told Anderson that we would take it and threatened him with arrest if he protested.

     

    Anderson couldn’t believe it. This is the sort of stuff you always hear about in these third world countries—corrupt cops and state robbery.

     

    Ultimately Anderson gave in; the cop let him go and did not charge him with a crime, but took every last penny in the vehicle.

     

    And for the last two years, Anderson has been trying to unsuccessfully fight it in the country’s Kangaroo court system.

Clearly we should all avoid going to such dangerously corrupt third world countries.

Except in this case, Anderson was in the United States of America. And he is far from being the only victim of this highway robbery known as Civil Asset Forfeiture.

Since 9/11, police forces in the Land of the Free made over 62,000 seizures without charging anyone with any crime, stealing $2.5 billion in cash alone.

The cost of taking legal action against the government is so high, that only about 17% of the victims actually challenged the seizures.

And even then, only 41% of those that challenged have been able to get their money back.

This means that the government has a better than 93% success rate in outright theft.

This is worse than mafia—it’s blatant theft with impunity from the people that are sworn to protect and serve. It’s the kind of thing that is thought to only occur in heinously corrupt countries.

Here’s the good news: many people are waking up to the reality that they’re not living in a free country.

They are starting to understand what I call ‘the criminalization of existence.’

Every last detail of our lives is regulated—what we can/cannot put in our bodies, whether we can collect rainwater or unplug from the grid, how we are allowed to educate our own children, etc.

Driving this point home, a Tennessee woman was actually thrown in jail earlier this month for ignoring a city citation to trim some overgrown bushes in her yard.

This isn’t freedom.

The irony is that, even though many people are starting to realize this, they’re looking to the very institution that has enslaved them to solve the problem.

    It is their own government that has created this system.

     

    It is the government that passed US Code section 983 (Rules for Civil Forfeiture), allowing the police to commit highway robbery.

     

    It is the government that continues to arrogantly, brazenly spy on every citizen despite overwhelming public outcry.

     

    It is the government that continues to bring forth new regulation at an absolutely astounding rate.

Just today (this is 100% true), the US federal government published an eye-popping 490 pages of new rules, proposals, and regulatory notices.

To give you a little taste, today’s regulations include:

    Stringent requirements for properly handling spearmint oil;

    New tolerance specifications for a-alkyl-w-hydroxypoly sulfate

    Additional powers awarded to the Department of Education to decide “whether certain postsecondary educational programs prepare students for gainful employment.”

    A decision to centrally manage the 2014 ‘total allowable catch of Pacific Cod’ in the Bering Sea.

There’s even a new rule upholding fines for unauthorized playing of digital recordings.

You can’t make this stuff up—they are regulating nearly everything.

It’s government that does this. They are the problem, not the solution.

Looking to government to solve the problem that they themselves created is completely irrational. They are incapable of righting themselves.

The solution – the power – is with the individual.

All the tools and all the resources to distance yourself from this system already exist.

On one hand, there’s always the possibility of leaving. The American Dream is still alive and well… it’s just no longer in the United States. Not to mention all the financial, business, investment, and lifestyle opportunities for the taking.

But even if you stay, there are dozens of ways to take back your freedom.

For example, why hold 100% of your savings and assets in that jurisdiction when they could easily confiscate everything?

There are so many great, safe jurisdictions in the world to bank, to invest, to own property, and to store assets. And you can set all of this up without leaving town.

The solutions are out there. It’s time to consider them before becoming a statistic.

P.S. Here’s more proof that the official inflation numbers are completely phony… yet another market that has reached an all time high.

Offline Geneko

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Re: A BitShares' Marketer's Dream Headline!
« Reply #4 on: November 02, 2014, 11:43:07 PM »
“Nice stories” – these is what is needed!

There are bunch of stories like this, with data and all other stuff that provide example how governments and other incorporated structures such as big Banks are using its power for extortion.

We need to collect those stories and use them to build our Core Story, Chat Holmes stile.
http://www.empireresearchgroup.com/erg/index.html

Stop Selling....Start Educating!


Offline Stan

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Re: A BitShares' Marketer's Dream Headline!
« Reply #5 on: November 05, 2014, 04:26:15 AM »


“We took the lucrative savings and checking account vault that
we designed for the hard-working, desperate, exploited, unbanked masses
struggling in corrupt banana republics where there is no rule of law...

…and strengthened it for use in the Civilized World!"


Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Geneko

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Re: A BitShares' Marketer's Dream Headline!
« Reply #6 on: November 05, 2014, 03:16:17 PM »


“We took the lucrative savings and checking account vault that
we designed for the hard-working, desperate, exploited, unbanked masses
struggling in corrupt banana republics where there is no rule of law...

…and strengthened it for use in the Civilized World!"



You are still selling...Start Educating!! :P

Offline Crossover

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Re: A BitShares' Marketer's Dream Headline!
« Reply #7 on: November 05, 2014, 08:24:08 PM »
in my humble opinion its very important to market BTS as mobile platform, because all leading institutions (visa, paypal, alipay, apple) go to mobile direction, it could be marketed as personal mobille KnoxWallet,
cryptocurrency tech could become as torrent protocol, as driver of changes for banking industry, and BTS as first ever global personal forex (community, social, reputation whatever) wallet.
« Last Edit: November 05, 2014, 08:27:19 PM by Crossover »

Offline Stan

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Re: A BitShares' Marketer's Dream Headline!
« Reply #8 on: November 11, 2014, 01:46:37 AM »
I don't remember the exact quote, but I think it went something like this:

Quote
"I believe that this planet should commit itself to achieving the goal,
before this decade is out, of landing an unmanned company on the moon"
 
- John F. Kennedy

Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Ben Mason

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Re: A BitShares' Marketer's Dream Headline!
« Reply #9 on: November 11, 2014, 03:36:59 PM »
I don't remember the exact quote, but I think it went something like this:

Quote
"I believe that this planet should commit itself to achieving the goal,
before this decade is out, of landing an unmanned company on the moon"
 
- John F. Kennedy


Ha ha marvelous!  I wonder what it will be like up there?!

Offline islandking

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Re: A BitShares' Marketer's Dream Headline!
« Reply #10 on: November 11, 2014, 05:21:45 PM »


“We took the lucrative savings and checking account vault that
we designed for the hard-working, desperate, exploited, unbanked masses
struggling in corrupt banana republics where there is no rule of law...

…and strengthened it for use in the Civilized World!"



 +5% I like it! Be your own Fort Knox.
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi

 

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