New Laundering, Terrorist Financing, and Counterfeiting Act of 2017 Imposes More Codes on Cash and Digital Currencies

You won’t believe this stupid new law against Cash and Bitcoin

This one is almost too ridiculous to believe.

Recently a new bill was introduced on the floor of the US Senate entitled, pleasantly,

“Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.”

You can probably already guess its contents.

Cash is evil.

Bitcoin is evil.

Now they’ve gone so far to include prepaid mobile phones, retail gift vouchers, or even electronic coupons. Evil, evil, and evil.

These people are certifiably insane.

Among the bill’s sweeping provisions, the government aims to greatly extend its authority to seize your assets through “Civil Asset Forfeiture”.

Civil Asset Forfeiture rules allow the government to take whatever they want from you, without a trial or any due process.

Continue reading New Laundering, Terrorist Financing, and Counterfeiting Act of 2017 Imposes More Codes on Cash and Digital Currencies

Swiss Holding Cash as their Banks go to Negative Interest Rates

Review this article describing the Importance of Negative Interest Rates.  The public behavior between positive interest rates and negative interest rates is non-linear; beset with dramatic changes in public behavior.  The effects of the changes in behavior is amplified within the fiat banking system.  Switzerland seems to be going to negative interest rates, and their people are turning to Cash, gold, silver, bitcoins, and alt-coins: