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
No, just the Cyprus government running away with people's deposits. As will happen in Greece, and Puerto Rico, and Spain, and the US, and...
Gatecoin? Is that a private wallet in someone's cold storage?