More banking system capers

in #cryptocurrencies7 years ago (edited)

As many frequenting Steemit already know, there are many arguments for going to gold, silver, and cryptocurrencies. Holding dollars in bank accounts and brokerage accounts are vulnerable to ongoing devaluation as well as more worrying outright theft, through "bail-ins". I'm a strong believer that the US is rapidly heading toward a "bail-in" situation. We've already seen evidence of this with Obama's interest in changing the rules on 401ks and IRAs.

Of course, our "friendly" government that only has our "best interests" in mind works feverishly to keep the "free" peoples of the US trapped and tethered into our banking and tax systems through onerous regulations like FATCA. They also do not want us to have gold or cryptocurrencies.

Interesting, I am sure some people like to stack some gold or silver in safe deposit boxes. This story makes me wonder what is going on with "safe" deposit boxes now. It seems that Bank of America has a bit of a habit of breaking into those boxes. One wonders how many other banks are also doing this. One also wonders if this is somehow in cooperation with our big brother governmental overlords.

http://sanfrancisco.cbslocal.com/2017/05/06/customers-complain-bofa-is-drilling-safe-deposit-boxes-and-losing-valuables/

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