not the fat cats, they are laughing, all the others will be crying over lost jobs, bills not paid, rubbish pension fund, etc etc.
true, but its not good when the employees were encouraged to top up their fund only to realise now that their money is lost, I feel for them.
Many years ago when company’s found that their schemes might or do have shortfalls , they were asked to take out insurances to cover them ,, they also had to repay the shortfall on a pay more in to cover this each year after ,,till it was repaid .A scheme a company I’ve worked for has this in place at the mo but their seems their could be loop holes for the trustees like their was when they move the policies to other companies to bag profits . If a financial service sees a problem arising they are the only ones who can put things right should they need too ,as seen they also move goal posts so that others will help pay for these as in the governments case . They also tell us we are going to live longer when it suits them but what I say is ,what evidence ,do they have of the future hmmmmm . Beware giving them too much of your hard earned to squander on themselves only to tell you their is still a shortfall ! !
It’s ok I remember now, Bitcoin is a cryptocurrency and worldwide payment system.[9]:3 It is the first decentralized digital currency, as the system works without a central bank or single administrator.[9]:1[10] The network is peer-to-peer and transactions take place between users directly, without an intermediary.[9]:4These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto[11] and released as open-source software in 2009.[12]
Think I will pass, beyond me, hate stuff that is unstable..still prefer bricks and mortar with a lump of gold chucked in.. Wage slips are another story as they are on your phone. So what happens if you loose your moby how do you know what you have been paid ? Also it's not fair on the older generation who find it difficult to keep up.
