Though BTC prices are highly volatile, the annual gains have been positive for most years. Just this month, following German examples, several Dutch banks such as ING Bank and Rabobank decided to introduce negative interest rates on savings accounts for sums over 1 million EUR. Some of these rich people respond by storing their physical cash in bank vaults, to avoid the negative interest.German Banks Are Hoarding So Many Euros They Need More Vaultshttps://http://bit.ly/2SeOnHY some, of course, Bitcoin now becomes a bit more attractive. As there is literally no end to negative interest rates, the people may begin to lose trust in the traditional financial system. Is Europe perhaps on the brink of mass inflation?I can tell you one thing: I'm investing my risk-money in BTC and gold. Ten years from now, either investment may end up saving my life. via /r/Bitcoin http://bit.ly/2usfma1
No comments :
Post a Comment