Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Bitcoin Discussion
Re: I never spent any savings on Bitcoin and I'm not broke
by
Ultrafinery
on 16/05/2016, 15:14:18 UTC
Quote from: Cuidler on May 16, 2016, 03:06:47 PM
Quote from: jossiel on May 16, 2016, 01:52:50 PM
Quote from: Elwar on May 16, 2016, 01:11:56 PM
I just keep my fiat in Cyprus banks. They will be forever safe there.

I agree with you, me either once I got my bitcoins from my earnings, I'm exchanging it to fiat already.
And ready to transfer it to my bank for safety of my money.

LOL, confiscation, deposit tax or a bail in is what they call it when a government takes depositors money to plug a banks financial holes, just as was done in Cyprus recently...

I guess Elwar forgot /s tag, good to catch banking trools though.

Not sure why Cyprus banks are any more relevant than Gatecoin getting haxx0rd or BBQ coin becoming worthless.
Sure, Cyprus banks are fiat-related, just like the examples I gave are crypto-related. At least Cyprus banks didn't run away with all your coins, like the totally awesome Bitcoin Bank in Cyprus did Smiley