Financhu crisis

>banks in Finland treat all cash users as criminals and the whole country is getting rid of physical cash money

>if you deposit cash to your account they will call you personally and invite you to a hearing about the origins of your money

>you gotta save receipts for everything you've sold

Gotta love it when my bank treats me like a druglord when I deposit 500 euros of my personal savings to my OWN fucking bank account.

I always loved cryptos because I thought they would fix this but cryptos just don't work. There is no solution. Banks suck and cryptos suck.

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abc.net.au/news/2018-11-26/regulators-are-pushing-us-to-a-cashless-world-rba/10555868
twitter.com/AnonBabble

>he thought there was a solution to banks
lmao i went all in on link BECAUSE it's for the bankers

if these jews are gonna ruin the world I might as well try to profit off of it

Finland is the worst place to live, this is almost Britain-tier Orwellian society but instead of goverment officials the normal people do it based on extreme stalking your neighbors, reporting any minor offense anonymously to the police and extreme jealousy. The finns cannot even enjoy if someone in their own family "makes it". Extreme materialism, emotional coldness, bitterness: that is what Finland is about

Imagine 95% of your nation being comparable to Jow Forums janitors. They do the "surveillance" part for Free. Absolutely Free.

The Finn is the most docile animal on this earth, the natural bootlicker: the enemy of true freedom.

The Central Bank in Australia is saying this is coming here too. I'm putting all my money in crypto now and forgetting about it. Fuck trying to time the bottom when this shit is about to take over our lives.

Australia is also getting a "digital identity." This country is turning into fucking China

abc.net.au/news/2018-11-26/regulators-are-pushing-us-to-a-cashless-world-rba/10555868

Literally never heard of this happening.

t. Finn

Pystyt tallettamaan talletusautomaatilla 2000€ kk ennen kuin alkavat kyselemään.
You can deposit 2000€ per month before they start asking questions. But as old finnish saying goes: Who has the happiness, must hide it.

Theyll need a supercharged quantitative easing to stop a deflationary crash in the upcoming gfc, which will cause a big hyper inflation in broad money markets. This will spill over into narrow money and having too much physical cash is too visible. If it's too visible, people lose more confidence in the currency and the hyper inflation gets worse see Venezuela

The government also passed a bail in law in February that allows them to confiscate your savings to bail out failing banks.

do they at least have to pay you back for what they confiscate?

>what? how dare the bank trace my money!
>The advantage of crypto is that transactions can be traced!

no, they will also have automation controlling all finances of the people. vote in a tyrant then everyone is at the mercy of this automated finance/point system

neo-feudalism is coming much faster than anyone could have imagined

private crypto transactions is going to be mandatory by 2020. that's why I wouldn't bother with anonymous coins....yet

so... all in chainlink?

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I'm Finnish and I agree 100%. Everything is forbidden and illegal here and ironically it doesnt even stop crimes, it just makes everything hard for the average guy.

They don't have to, but they might do that to calm people down. During a bail in, funds will be frozen and APRA will take what they need to bail out the bank.

Be aware though that your funds will likely be frozen during the period when asset prices are lowest, and the banks need bailing out. By the time your funds are unfrozen confidence in AUD will be at an all time low and there'll be a huge run on the banks. Your unfrozen money will be worth a lot less than when it was frozen.

Quite similar to bitconnect actually

what is the likelihood of this actually being put into effect

and what do you think the likelihood of rebellion is if that actually happened. absolutely insane

There's no solution to banks that doesn't involve 30.06.
The Silicon Valley megacorps, the banker, the corrupt politician. They fear not the "free" currencies, the "free" elections, the "free" protests. But the one little thing that they all fear, the one thing they don't speak about.
Is one man with a Tec-9.

When a bank is in trouble APRA will step in and try to fix it. The banks have a shared insurance between them large enough to help them through a mild to moderate recession. This money is shared between the biggest 15 banks though so if one bank fucks up big time, theyll make it a lot worse for the rest. After this they confiscate hybrid securities of SMSF (which is fuck all) then theyll come for the deposits.

If the housing deflation is bad enough, the likelihood theyll bail in your savings is close to 100%.

I dont know what would happen if they did it here, but they did it in Cyprus and got away with it. My guess is people would be pissed off and there would be huge riots almost as bad as Venezuela, but who knows people are lazy here

The grand majority of people have been bred to be perfect consumers so it's unlikely anything will happen. Left-wing radicals will protest and maybe set a few fires, but ultimately be defeated by their insistence on Social Justice. Right-wing radicals will be outright de-personed, jailed, or killed. Everyone else will be competing for low-wage jobs with no benefits.

theres always got to be somebody posting cringe in every biz thread these days

>Britain-tier Orwellian society
As a Bong, I kek'd

I agree, once i make it, im going to ditch this shithole, climate is shit, the people are even worse. And the governmet has a huge hardon for authoritarianism. Absolutely no reason to stay.

Is this real? I would deposit cash every single day just for fun

You will be subject to criminal investigation and the worst part is that even if you're innocent, they may find something that sticks. Hell, you might just invite an audit.

Kannattiko käyttää paskaa pankkia?
t. Käteis-pro

you fucking incel. The government does what is best for its citizens.

need to find solid white countries that you can buy citizenship into

This is why the Finns outrank everyone in Google searches for ChainLink right now.
>cannot seem to find that infographic depicting the fact stated above

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Here you go.

Also, they will be opening the first Nordic exchange for tokenized securities which is based in blockchain network early next year.

Exactly something which Chainlink coul/would in future be used for if it takes off.

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>>>/reddit/
niggerfaggot

chainlink...
chainlink...
chainlink.
chainlink....
chainlink
chainlink....

why is this the sole coin Jow Forums seems to care about.

Because its the sole coin that matters

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swecuck here. it's worse here but i think we also have a stronger counterreaction to this mindset now because of how far we've let things go

Perkele derkele

Where would you go?

Because their bags are heavy

Good thing I saved my goy recipe on mosquito burgers

Australia is also too much of a police state for anyone to achieve anything.

because biz is nice and giving, unlike the real world, bad and taking

The heavier the bag the heavier the shill.

Its the difference between being a subject and being a citizen. Most europoors are subjects, and are owned by their respective ruling elite.

Depends on pretty much which bank you are using. Nordea haven't asked me anything about several money transfers from relatives or the cash I rarely deposit myself.

Well said.

It's those asian shame genes coming to the surface

Snitchin for those good points

OP looking like your typical drug dealing faggot is the reason why they ask him where his dirty crumbled marijuana smelling bills came from, or better yet he's an avtual nigger. Most likely they have him on a watch list by the authorities for known drug convictions. Stop looking like a degenerate drug dealer and they won't ask where you got the money from.

Lol so what. Go suck a policeman’s dick

The moment you stop being a degenerate faggot.

Come to Australia lad, good financial opportunity and a reasonable government compared to the rest of the anglosphere.

>Tec-9
>30.06

Similar rule started today in Russia. Every transaction over 15 $ should be explained by the sender. Yes, 15$. Yes, we're a nigger tier country these days

>Using burdensome cash on purpose
>Expecting to not be treated like a retarded child
Pick one

>But as old finnish saying goes: Who has the happiness, must hide it.
finland sounds just as bleak as i imagined.

this. Seriously have no idea why people keep talking about wanting to move out of aus.

probably because you're a poorfag who doesn't watch a large portion of your wealth evaporate to taxes. we are getting SCREWED here, there are far better options overseas

...I just reported you.
Enjoy your ban, fag

You become a stockholder

Pretty much this. OP is a false flag

t. another finn