>The Italian state has accumulated a debt to its citizens of around 70 billion euros.
Examples of creditors are: - Companies that have carried out work for the state and have not yet been paid - Individuals who have renovated their homes and still have to receive government incentives - Taxpayers who claim credits with the tax authorities >These debts will be settled with the Minibots. This currency can be used to pay taxes, fuel and any state service and merchants can also choose whether or not to accept the new banknotes. There will always be someone willing to accept and exchange these Minibots: the Italian state
>"With Minibots it will be a bit difficult for those who in the future want to attack us with Greece-like methods, because Draghi does not make them, we do them ourselves ..." Claudio Borghi
>The minibots will be distributed through the branches of Poste Italiane and the Monte Paschi di Siena bank, both under the control of the Italian state. In this way the European Union will no longer be able to blackmail economically Italy, because even if they decide to close all the ATMs, the national economy will be able to stand on the Minibots
IOU are bonds, it's a way to postpone payments. Italy is printing real money.
Isaiah Brown
Why don't they just leave the EU? They're obviously displeased with it if they're accusing them of potential economic blackmail
Carson Ramirez
It's shorting itself real nice without any help.
Connor Carter
Reminder that this is the kind of thing that encourages millionaires to exit their national currency.
Sebastian Sanders
Ofcourse they will first use and abuse the EU as much as possible
Liam Ward
Well goodnight Italy, looks like your right wing adventure is coming to a swift end. Shame about all that oil, terror and WMDs we just found in your capital that we will just have to carpet bomb now.
The German bonds were a liquid cash instrument, redeemable for 2 RM for every 1 RM invested. They were seen as currency and used much more than memes like bitcoin for cash purposes
Cameron Robinson
Surprise us.
Asher Gray
Yes
This is exactly what he did when the London banks cut off German finance from the global system
Can any Italia bros confirm / deny what is going on here?
This should be a sticky no joke
This and DB’s kya watch
Charles Barnes
that would be...the euro. so meh
Joshua Carter
Italian here, I wish it was approved. We are going to get greece'd soon boys, godspeed.
David Thompson
Idk im travelling italy rn and haven't seen an italian yet. Unless you mean to tell me that these arabs are Italians.
Easton Powell
short the euro
Carter Brooks
>Minibot parallell currency
Motion was passed, but the Italian Treasury rejected it...
