Post
Topic
Board Economics
Re: Could negative interest rates in the US boost Bitcoin?
by
ajareselde
on 16/02/2015, 11:18:41 UTC
http://finance.yahoo.com/news/banks-in-europe-are-charging-to-hold-deposits--could-it-happen-here-195532627.html

YES!

The linked article talks about how a bank in Denmark is charging its customers for the privilege of holding their savings, negative interest rates. The bank doesn't pay you for your savings on deposit but you pay the bank to hold your savings secure because the market alternatives are so risky. The article speculates (very broadly) that it could happen in the US...it likely won't, but if it did guess what would provide a good alternative to traditional savings?

You guessed it...the almighty B-T-C...what an interesting turn for bitcoin that would be.

it was just a matter of time when this happens, i feel sorry for all those who tought they had enough to live off the interests and are now clueless how to proceed.
bitcoin could profit on this, definetly, but first its needed to remove everyday thefts from happening and scaring people off from it.
cheers