Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Hey speaking of, the entire west is heading towards communism.

In germany a baker was faced with a 25k euro fine for having KG instead of kg on the signs in his shop. We are already living under stalinist conditions.

I'd like to hear the facts from two sources. It's not the commies IMO. It's obsessive insistence with The Rulez and the stantarts that neet to be folloft. The Germans are chronically prone to it, as are some other people, each in their own way. There must be a way for a peep to carve himself some slack. I would start to look for any specific reference to minuscule g's in the letter of the law. As for the spirit, typography apart, it's probably meant to ban unconverted pounds or ounces.

It always starts with one extreme edge case. Then that eventually gets normalized, and they go even further. Communism is a gradual process, not a single event.

I don't know if this is still about facts? However, as a German I am more than happy to explain how the executive works over here collecting pocket money (fines and fees) for the state and/or city.

We have plenty of laws (you can be sure you will violate some as soon as you leave your own property - okay, you probably violate some of them by just breathing on your own property as well). For example, there are laws for retailers how to indicate/state the price and weight of products, how to weigh the product, that scales have to be calibrated every so often, etc. Obviously we have government agencies in place to check all these rules and regulations are being followed.

Let's say that one of the friendly inspectors went into a shop and found the baker violated one of the laws. Our baker will now receive a letter informing him what he has done wrong and that he should correct his mistake within e.g. two weeks, otherwise he can be fined up to 25k EUR. This maximum amount is specified in the applicable law. After two weeks it will be checked whether the baker has fulfilled his duty or not. If not - a fine of, let's say 1k EUR, will be charged and he will receive a second letter in which he will be informed of his first fine, how to pay it and of course he will have to correct his mistake within a new deadline, if he does not... he will receive a third letter to pay 2k EUR and so on. In case the baker is... persistent, he will eventually reach the maximum fine. That's basically how citizens will be "educated" over here.

The key point is most people miss the "up to" in the first letter and panic. Wink

Mainstream media will not notice this either, they have to sell a headline.

Sooner or later the "up to" will also be the minimum. And then the laws will get even worse. Why even tolerate it to the point it is today?