First #Germany sells its scarce #Bitcoin for euros that they can simply print, now Germans are holding 2.8 trillion euros in bank accounts that don't even earn interest.
Something is very wrong in this country. Wake up Germans! 
First #Germany sells its scarce #Bitcoin for euros that they can simply print, now Germans are holding 2.8 trillion euros in bank accounts that don't even earn interest.
Something is very wrong in this country. Wake up Germans! 
Feels like a big fat target for a bail-in. What else is government for but to reward the irresponsible and punish the responsible.
I’m sure they have a reason, Germans aren’t dumb.
But yes, at this point, you would be better off backing bitcoin since paper money no longer has anything backing it up either.
The German finance minister already said that those 2.8 trillion (in the peoples accounts) are "excess liquidity" which should rather be used to fix the household budgets and other Gov shenanigans. Once CBDC rolls out I'm pretty sure that the money will "expire".
Doing the exact opposite of my fellow citizens feels absolutely right.
the German gov would just tax the shit out of them if they tried to make a pittance of interest anyway
We’re still early