Just found out that when I save my money in a bank they own it all and technically its not my money anymore...

just found out that when I save my money in a bank they own it all and technically its not my money anymore. And if I try to withdraw all my money at once they would freeze my account.

what the fuck??? how is this legal???

Other urls found in this thread:

bitcoin.org/bitcoin.pdf
en.wikipedia.org/wiki/Liberland
en.wikipedia.org/wiki/Free_State_Project
en.wikipedia.org/wiki/Security_theater
twitter.com/AnonBabble

>he fell for the banking jew

This is to prevent laundering and multiple entities withdrawing at the same time which was part of the domino effect during the depression. "Owning" your money is definitely the Jews at play tho.

I once withdrew 50k euros in cash from my bank, just for lulz.

It was a long process and I had to fill out all kinds of forms and answer questions about the money.

It's bullshit.

They can also bail themselves out with your savings. Become a tradie and work for cash/pay no tax.

this is why i dont keep my money in banks, i keep 20k in cash and 5k in gold bars in a fireproof metal box stashed under my floorboards, digits on a website mean nothing.

>digits on a website mean nothing.
>got dubs
Feels bad man

shiieet

Oh man, the fucking irony.

bitcoin.org/bitcoin.pdf

Bitcoin will safe is from greedy bankers

Good goyim the paper notes and instantly created digital numbers in your account are more valuable than gold. Can you buy anything with a gold bar? No. Checkmate goy.

Want your money to be safe? Donate to your Fuhrer, only he can save us from the jews.

1HiT1ERB1CSxEsaUqNuURv1JR8LTPQZ5YX

SIEG HEIL

>implying they are solid gold

>under my floorboards

thanks for letting us know where you keep your gold, senpai. now hiro just needs to trace your location using your posted IP address :^)

Not sure about the UK but in the US the maximum you can withdraw in cash is $9,999

Anything more than that and you have to sign forms and shit.

>I had to fill out all kinds of forms and answer questions about the money.

>have to sign forms and shit.

WHY IS THIS ALLOWED? ITS YOUR EFFING MONEY!!!!

WHAT THE EFF !?

it's IRS rules put in place to prevent idiot drug dealers from getting away with it

normal people with a lot of money to move will use ACH or a bank wire, there's no reason for them to take out a shitload of money in cash

Eventually cash won't be legal tender for this reason. The only people who NEED cash are drug dealers/tax dodgers. Funds transfers should all be traceable and all savings should be transparent. Especially crypto.

>there's no reason for them to take out a shitload of money in cash


What if I like to gamble user
What then.

It's fucking bullshit.
Here in western europe, when I make a deposit above 200 EUR, I HAVE to give a reason, and explain where this money is coming from.

If I refuse, the bank has to decline because it wouldn't be in compliance with the fiscal laws.

So I make a lot of 190 EUR deposits.
Fucking cunts.

Lol you are the same type of idiot that thought the patriot act was good because "the only people who would worry about being listened to have something to hide." Do you really not understand the bigger picture? Already you have to pay tax multiple times in America on the same product. Ever buy a used car? Why the fuck does the govt need to get a share of me buying something from someone else that's ALREADY had tax paid on it by the original store, the first buyer, etc.

>Just take all our rights so we can be safe from the darkies and evil nasty drug dealers

>there's actually people in this thread defending corporate control of people's money and government restrictions of economic freedom through taxes and regulations

Fucking corporatists/socialists.

This

Literally what Bitcoin is for. Welcome to freedom.

>Literally what Bitcoin is for. Welcome to freedom.
Implying that when BTC will be bigger, the government/institutions won't ban/tax it to hell

If there is one thing the IMF doesn't like, it's losing control and money.
Same for the banks.
Same for the governments.

It's a matter of time before a "Anti Drugs And Child Abuse Online Act" passes and ban the use of Bitcoins.

If people start to sell and buy goods and services, the governments will lose a lot of money.
They won't allow it. Neither will the banks.

Toasting in eoic bread

Reading this thread has triggered me. Ancapistan when? Let's funnel some of our crypto gains into taking over an island

>Ancapistan when?
en.wikipedia.org/wiki/Liberland
en.wikipedia.org/wiki/Free_State_Project

Well to be fair they're more Minarchist than AnCap.

If you want AnCap, move to Liberia or South Sahara.

The Patriot Act is different; I don't like the .gov snooping around my computer or watching/listening through my phone any more than you. However, I do have to point out that we haven't had many major terror attacks since 9/11.


The tax owed on a cheap used car isn't even that much and if you can afford to splurge on a luxury car then you should pay more.

That brings back memories. I signed up for the free state project back when Ron Paul was cool. Too bad they're a bunch of cucks and didn't pick alaska.

>A journalist from Parlamentní listy (cz) who visited the area in April 2015 found a house that had been abandoned for about thirty years, according to people living in the vicinity. The access road was reported to be in a bad condition.[11]
A true ancap country.

It's because the neighboring countries arrest everyone they see trying to get in.

>I signed up for the free state project back when Ron Paul was cool. Too bad they're a bunch of cucks and didn't pick alaska.
They obtained the number of signatures required very recently, no?
I wonder if they're actually going to do anything after all.

Sort of like achieving an Amish/Indian reserve status and living free of most govt oppression.

>However, I do have to point out that we haven't had many major terror attacks since 9/11.
Thank you for fondling my junk and claiming my over-sized shampoo bottle, TSA-kun sempai.

if you like gambling you will have no problem allowing your bank to fill out an IRS Form 8300 which requires no effort on your part to withdraw any sum $10k and over

You keep going off topic but since you bring it up: Every passenger on a plane hates that THEY had to go through security but takes great comfort in knowing that the OTHER passengers went through. No one would want to fly for hours in a sealed metal can with hundreds of strangers after 9/11 otherwise and the airlines would all have gone even more bankrupt.

>It's a matter of time before a "Anti Drugs And Child Abuse Online Act" passes
user, please. We can come up with a much catchier name than that:
C ommunity
H ealth and
I nternet
L eadership
D efense from
R apist
E xtortionist and
N arcotics Act

>2023
>you buy some untreated milk online with your bitcoins
>the day after, the local militarized PD breaks your door and gets in screaming:
>"POLICE, WE'RE ARRESTING YOU FOR USING A BANNED CURRENCY AND BUYING AN ILLEGAL PRODUCT"
>a week later, in court, the judge says but one sentence:
>"Why didn't you think of the C.H.I.L.D.R.E.N."

Or maybe because only pedophiles and drug dealers use BTC?
The biggest website pre-2011 was silkroad for fuck sake.

I wasn't (look at the ID)
You're missing the point, though. Correlation does not necessarily equal causation. You're claiming that an unhappy man in blue grabbing my balls, and confiscating my bottle of water, somehow makes air travel safer – and that if there haven't been any major attacks since then, “it must be true.”

There's a term for this.
en.wikipedia.org/wiki/Security_theater

My bad. I should have checked IDs.

Did you read the "benifits" part of that article? Attackers are dissuaded by the mere appearance of heightened security, although it would be impossible to determine how many. If you refuse to see that then just consider the TSA a government subsidy that saved the airlines after 9/11 by making customers feel safer.

wow I never knew Veeky Forums was composed entirely of pedophiles and drug dealers

Depositing cash up to 9999 requires no forms, 10000 requires a bunch of forms.
Many small businesses often have deposits this high and they get in trouble because they know this rule so they deposit 9500, 9620...etc to stay below the form limit. This causes the bank to report the string of deposits to the federal government and boom! Fbi/Secret service and DEA want to know what you are up to ...

>May money

Are you storing gold and silver in the bank? Because what you misunderstand as money is actually currency. Fiat currency is debt based and the banks own debt. So you never own currency, even when the paper notes are in your pocket.