European Union - Time to invest in Crypto-Currency

in #money7 years ago

EU_money_jail.png

As we are going to the dark age of the economy, The European Union is now working on a new law in case of economic turmoil. The new law will provide the right to banks to freeze the bank accounts of the European citizen in case of economic crisis. This is the second law to prevent economic crisis, the first one was giving the right to banks to withdraw money out of the account of the EU citizen to save the bank. The first law was made legal in 2015 by the European Union, it is said that all account with a minimum of 100 000 Euros can be withdrawn for an amount 10% of the total account value. But we all know that in exceptional times the rules not really work no more and the banks can do whatever they want with the help of government and of course the European Union. With the new law, they can now freeze the account of an entire country or even a few countries at the time. As the European Union feels a new economic crisis is about to come. For now, as the law is not yet effective they said they will allow the account holder to withdraw a little amount daily to buy food. It will be also impossible to transfer any amount to other bank or other countries. Also, they said this special measure will allow for a 5 days period but in case of a grave crisis, it can be extended to 20 days. Since the beginning of the European Union, we have witnessed a big step back on human right, civil rights, freedom and so-called democracy and much more. It will be good for EU citizen to understand what is about to come and put their wealth outside of the banks, It is time for them to buy gold, silver, and crypto-currency and be safe from these EU dictators. Also, they have to be aware that something big is coming.

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You are so right. This is frightening. Thanks for the post.

Hopefully this sends bitcoin and other cryptos up. The China story proved to be a non-event so maybe this will be the next leg up.

I hope so too when they will make the announcement of the new law I hope many European will come to the crypto sphere. The problem is most of them don't even have an idea about what's happen

So interesting. And as EU wants include even more countries to have the Euro things can only become more scary.

Yes, it is a total nonsense EU is really walking on the head. I am so glad to not living there for already 18 years.

Draghi had some good comments again and Morgan Stanley was also out yesterday saying that bitcoin isn't a fad. Positive day overall.

I wish those concerned will act on this piece of info.

Hopefully EU today is a place where communism take a new dimension but without saying its name and most of EU people are not aware of what's going on, they believe they are in a democratic world. I am from EU but fortunate enough living in Asia for 18 years. Thank you

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