Imagine this, it’s the end of the month, your bills are overdue and somehow the payments didn’t go through this time.
You open your laptop, you grab your credit card and try to pay them online but some sort of annoying “System error” prevents you from doing so.
But you have a deadline, so what do you do?
Fine, you put on some shirt and some slacks and head to the ATM to check your balance and retrieve some cash.
What you’re about to see now is gonna blow your socks away.
Never before have you seen so many people in your life waiting for the ATM. Or better said, never before have you seen so many people waiting in a line, period.
You wonder for a second if you’re still sleeping and you’re in the middle of a dream where you were heading to the ATM and ended up on some breadline in Venezuela.
As soon as that thought fades away, the doubts begin piling up, and as you take a deep nice look into that gigantic human train and you start to question.
There’s only two reasons why there’s that many people at that time a night in front of the ATM.
Either they started giving blow jobs at the cash machine, or something has gone seriously wrong.
You contemplate the possibility of a Bank run for a second, however such a thought is so uncomfortable so you secretly hope it’s the blowjob.
Still in disbelief, you can’t help but realize that everyone around you is showing unquestionable signs of distress, they all seem to be worried sick about something, and that thing is the possibility of not being able to withdraw their money.
The minutes pass and the uncertainty turns to anguish, anguish turns to desperation. No one knows what’s going on, the only thing that’s clear is that no one is able to withdraw their money anymore.
“This is the fifth ATM I find with the same problem” says a voice among the crowd causing people start to feel even more anxious than they already were. In fact, you can feel a collective sense of fright in the dark cold of night.
And from there it was only a matter of time until some people started talking about what everyone else were thinking:
Bank Bail-ins
“Oh, no! This cannot happen here!” You say to yourself.
But then again, that’s probably what everyone said in Argentina, in Venezuela, and whatever country that went through the same.
Still, you refuse to believe that because want to believe that these things only happen in developing countries where corruption is more predominant and politicians don’t seem to care about the public.
Then again, you immediately realize that nowadays when it comes to corruption, there’s rarely any difference left between developed countries and developing nations, or banana republics for that matter.
Matter of a fact, we’ve crossed that line long time ago… With a truck filled with bananas.
You still can’t believe that the banks made a run for your money, or that the government allowed them to do so. And more importantly, you still can’t believe that this is happening in your country.
But all your attempts of rationalization fail as you realize that you know full well what politicians do in times of crisis:
They all protect the too big to fails on expense of the public. The same as any other place in the world.
Your mind at present is a warzone. Reality is now clashing with the spoon-fed narrative fabricated by the political class who strangely enough, are notorious for their severe allergy to telling the truth.
And yet you believed them, everybody did. Because they told us what we wanted to believe. Plus, nobody wants to think about these things.
After all, most people are even afraid to check their bank balance just for the fear of worrying, so everyone just accepted the politicians’ narrative about the banking system. Hell, you’ve built a wall on your mind around that narrative, but now all of the sudden…
That wall is coming down, and cognitive dissonance is no longer a luxury you can afford.
The Music Always Stops
You still don’t know what hit you, and all these thoughts come knocking at your door, thoughts you tried to block for so long because they were just too uncomfortable to entertain.
You get more worried as you start to remember, you remember that the banks have been insolvent for too long, far too long.
You remember that only a tiny portion of that money does actually exist in reality. You remember that if just a small percentage of the population tried to withdraw their money at the same time, that it wouldn’t be possible because…
It’s the greatest trick of all, always has been. It’s like that game with the musical chairs, you better grab a chair before the music stops, because the music always stops.
But you knew that already, you always knew.
Maybe you still don’t want to believe it. Maybe you don’t want to admit to yourself that you do.
But you deep down you knew, you knew this day was coming. You knew the inevitable was unavoidable as they were only kicking the can further down the road.
So you better not be caught off guard when the shit hits the fan as the can runs out of road.
Because that’s the moment when the music stops.
Of course none of this may never happen, or it will all start on that day, the day they allow banks to freeze all accounts, and when that day comes, it’s gonna be the biggest bank robbery the world has ever seen, and the banks will probably be doing the robbing.
@the-alien This is the anti-thesis to FREEDOM. We must gain control and embrace love :)
Excatly, when people's own money is no longer their and controlled by their 'rulers' and banks.. It's the anti-thesis of freedom.
I felt like this when I noticed I could not immediately cash out bitcoin cash!
Yeah that feeling is shared among many. Maybe it's a lesson for all of us to make sure we can cash out anything we own.
it already happened in Italy and I think .. in Greece years ago
it won't be a shock anymore
It won't be a shock for people who are prepared, but those who cannot withdraw their money are gonna have a bad surprise I'm afraid :(
The prepping / gold community has been saying this for years.
And every year it happens... but in some little way that doesn't affect everyone.
Our problem is that we are completely dependent on a system. Their system. And we don't know what to do when it breaks down. Because, they made sure there were no alternatives. No way out. No escaping.
Fortunately crypto-currencies will save us. But, it is really going to get to an all or nothing point. Half of us in the life boats and half on the titanic sucks.
Anyway, have enough actual cash to get by for a month.
I've got a feeling that when it all comes to pass, way more than half will be on the Titanic.
You may be correct, but it won't be because people weren't trying.
Lifeboat builders. Neo-titanic builders. Even ocean community builders.
There is so much happening now.
And still, there are people stuck to their couch, glued to their TV.
You hit it on the nail! The solution may be to be as independent on their system as possible
Fantastic article, people are already beginning to realise how controlling the eu is and when the Eu does not if take control of their money it will be to late for some people, cheers mike
Hey Mike! Yeah I just hope that people realize that before it's too late.
I personally don't doubt it the eu is all about control, cheers for your reply mike
Man they are struggling now with the rise of crypto.. The banks will do everything not to lose.
Haha that's for sure! they'll do everything they can
But they are not really fighting against it. They know they need to catch up and utilise new technologies, but they don't wanna be disrupted. That's why they try to regulate and fight for every piece of their power.
In Canada the federal government recently gave banks the right to seize currency from accounts during difficult times . The banks are obligated to provide its own shares of equal value as a replacement . I'm not sure shares of a broke bank will go far at a grocery store . All the more reason to give our crypto stashes a big hug before we tuck it in at night . IMHO anyway .
Wow, that's huge, and given how the banking system works it's only a matter of time before they seize accounts. :(
This is possible in times of crisis.
Banks usually "make money", lending more than they actually have in cash. What happens in times of crisis is that everyone runs to take out cash at the same time, but doesn't have money for everyone. So the government forbids withdrawals of money.
That is why some people recommend that you have money at home for these times.
Exactly, because they don't have it. And you're right in times of crisis people prefer to hude their money under the mattress than in the bank
When will governments just come out and say, "We work for the banks. If you could kindly f*** off, that'd be great."
Hahaha
Lol the parts with the blowjobs made me laugh :D I believe this might happen someday. Maybe even sooner than we would expect.
Haha yeah, I thought it was funny as well. You're right, it may happen someday, if they pass that law we should all be careful to not be surprised when it happens.
"Either they started giving blow jobs at the cash machine, or something has gone seriously wrong." 😂
Seriously though, great post. Resteemed.
Haha thank you!
Good stuff, its time to grow up an "free Human Bank" based on Blockchain for real market
Yeah with transactions saved on a distributed ledger with money that actually exist.
Well they did it Great Depression in the US, recently in Greece, it is not an impossibility. The current economy is built totally on debt. It's all IOUs being trading around from one person(bank) to the other. The whole concept of banking is built on creating money out of thin air. It just takes on brick to fall for the whole system to collapse, and in the panic, the big boys will do what they have always done. Take what they have and run, all while leaving you to fend for yourself. And if closing the bank and their services is the way to go, that is exactly what they are going to do.
Well said, very well said!
Similar to what @molivil said, I was always under the impression that Bitcoin was an anonymous currency. That's what the media has said for years, and it wasn't until I really began looking into getting some for myself that I discovered these frequently-hacked so-called institutions, whether wallets or exchanges, not only want real info, but an ID as well, so a hacker can someday steal my identity. Again. Like they did with my bank account. I'm not really bitter, though; I just have trust issues. Okay, maybe I am just a little bit bitter, lol. @crypto-investor's video today about BitConnect is also revealing. Great post, @the-alien!
I hear you, I think a lot of money will flood to anonymous coins in the next years. Thanks by the way!
" excluded from the moratorium insured depositors, which under EU rules are those below 100,000 euros ($117,000)"
It wouldn't surprise me if there's a tiny line that says "all numbers and figures are subject to change".
Buy bitcoin or other alts. Keep it stashed away for a rainy day :D
A catastrofuck by design. Start investing in lube ladies and gentlemen!
Very interesting subject, in Denmark its normally because theres blowjobs at the atm as you described :)
Hahaha
One way of securing your wealth is by diversifying your portfolio. Put your savings in precious metals, crypto currencies, assets like a multi family home where you can live in one unit while the 3 other units provide enough income to cover the monthly mortgage cost and give you some profit. It's all anout diversity and independence folks :)
Man I got stressed out just thinking about how I couldn't pay my bills after the first sentence!
Oh sorry to hear! Wishing you all the best!
Interesting news to follow man
Thanks!
If so, I will pray that money will fall from the sky...hahahah
Hahah
yeah!!
:P
the music always stops On a tangent here...but if people could realise and prepare (at least mentally) for future events , either in their personal lives or globally...oh WTH the music always stops.
Yeah for sure, if you don't play their game the music won't affect you :)
Not surprised.. this is why I'm loading up on gold, silver, and cryptos
Haha yeah! That's the crazy part, at this stage we are not even surprised.
que susto
:P
Wonderful..
I voted your post and followed you.
I expect same from you :)
We live in interesting times ;)
Indeed!
Nice post
Thank you!
very nice post friend
I'm not surprised. Financial system is sick, not only in Europe. It's a big problem, but fortunately we have great solution - cryptocurrencies :) By the way, great post :) Thanks!
This is so true, and it's not just the EU. Bank bail-ins are now completely legal in the United States. I doubt that one American in a hundred realizes that.
I do still keep just enough in the bank to pay bills, but other than that my money's in silver, cryptos, and a bit of cash. Trying to be as ready for the inevitable as possible.
I guess that's why they want to make it as hard as possible to turn fiat money into crypto. Once people see how easy trading and using crypto currencies is they won't want the bank's money anymore.
The funny thing is that I lived through this in Cyprus during 2013. It goes exactly as you described.
Https://steemit.com/blog/@munzil/giant-gem-worth-rp2-2-trillion-found-in-myanmar-201784t04453860z
Hi brother, can you help me, because every post I rarely support.
Hahaha the part of the blowjob haha. Thank you for the laugh. But one does starts to think about the future. The banks have a lot of power....
This is dangerous and causes public fear
At first i was like
What is it really happening :O
This happened in Argentina when I was still living there with 18 years old, ppl went to the streets, riots for more than a week, the president had to leave on a helicopter. On the following week 5 presidents tried to take control, they would give up one after the other until they called elections.
At that time one peso was equal to one dollar, basically you could not withdrawl more than 300 pesos per day and all your savings where turn into pesos even if you had them in dollars, people lost something like 10 times their value.
This procedure was called "Corralito" as little farmyard, many said this was an experiment to then implement in other places, it happened in Greece not so long ago. Be aware this can happen in the USA and EU anytime :/
This is fantastic @the-alien, super evocative and amazingly well written! And of course terrifying, but as you say not without precedent or really any huge element of surprise if they enact the biggest bank robbery of all time. Amazing work!
like it !!!
It is funny how Reuters is reporting on this as something new. Banks can stop people from withdrawing their funds at ANY TIME. The government doesn't have to make a law or anything. The deposits at a bank are their own(in the U.S. that is) and they have an IOU to the people who put the money in there. Again, once you put YOUR money into the bank, it becomes THEIR money. You have to ask for it back, and they determine if they want to give it back. If you want to sue them, to get your money back, what money do you have to hire a lawyer? It is all in the bank.
So true. I said this in the comments on another post, if you don't physically hold it in your hand like gold or silver then you can't count on it sadly.
My favourite line of the post though: "Either they started giving blow jobs at the cash machine, or something has gone seriously wrong." 😂
Fantastic article. I am a firm believer that something is coming down the pipe. I am not really sure what is going to take place, but something and here soon. The elite want more money because they DON'T have enough apperantly.
We are all in for something major, a major change in this whole system and it will shake things up. I just hope that Cryptos can pull us in the right direction. I hope the elite can keep their corrupt hands off the cryptos.
Tank you very good post you for
Thank you!