Quote from: Inedible on July 10, 2013, 01:42:19 PM

Quote from: infested999 on July 10, 2013, 12:12:35 PM

Quote from: zeroday on July 10, 2013, 10:43:57 AM

A little update.

"Blocked Funds" amount has finally disappeared from our Laiki account. Bank told me it's "waived" (their interpretation of word "stolen"). We won't receive any bank shares as compensation for confiscated amount since the bank is liquidated.
The rest of the money (100k EUR) are still subject to Capital Control and we can only transfer 5K monthly.

Today I had a conversation with a manager from Laiki Bank.
He has been honest and confirmed that we may forget about anything over 100K as it's already spent to pay country's debts. Also, I was warned that the financial situation in the country is getting worse and worse and we should be ready to lose even part of insured (under 100K) money during this year (this is why they keep capital control enforced).

By the way, this style of "bank restructuring" is going to be adopted in the whole European Union.
Soon, everyone's uninsured money (over 100K EUR) in EU banks will be at risk of seizure.

P.S. Now I'm looking forward to get more profit from my bitcoins when European economy start collapsing. Without regret I'll celebrate the day when EURO finally die.

Looks like that's the socialist EU's plan to make everybody poor.

Make sure you invest into just-dice and double you Bitcoins each year.

Not sure you can say this is a 'socialist' policy.

It's definitely a capitalist policy where the people who currently have the most capital are making the rules.

Also, if you want to call it a socialist policy, it would seem capitalists are happy with capitalism until they're made to pay for their mistakes, then it's socialism all the way...

capitalism works if you actually own the thing you claim you are capitalizing on ! Cool