Did Elwar not tell granny that he recently almost immediately lost 15% of the proceeds of the sale of his house to a devaluation, along with at least $5K appropriated by the BTC financial institushun he was using? That oughtta scare her more than an arbitrary capacity limit from 2010 being used to drive demand to a VC funded (not currently existing) scam layer.
Isn't Elwar in Germany?
Hello, I just moved to Germany...
If he is he's avoiding the planned negative interest rates for the German banks.
If he's temporarily taken a small haircut by investing in Bitcoin, it will save him from those negative interest rates in the future, and provably go back above his buy in price.
German Consumers Flock To Cash As Faith in Banks Reaches new Lowost of the Germans feel the European Central Bank is to blame. They believe the ECB is igniting eurozone inflation with
negative interest rates.
The first German bank introduces these rates come September 1, and more institutions are expected to follow. An interesting turn of developments for sure. When it comes to alternative forms of investments, Germans are wired differently. The majority of people never buys stocks or precious metals. Keeping funds...
http://www.newsbtc.com/2016/08/30/german-consumers-flock-cash-faith-banks-reaches-new-low/