@revolutsupport How can a neobank thriving on the idea of cross border mobility require you to close your account entirely and open a new one when you move your residency within the EU? it's insane to have to lose access to my account completely because i moved my EU residency!!
@FredrikHjelm4 The lesser evil would be joining a widely adopted currency. SEK has struggled and will continue to esp in times of crisis nobody wanna hold it! smaller currencies will have negative impact on the vast majority of the population! Swedes got poorer than their peers who adopted โฌ
@FredrikHjelm4 Denmark experiment of begging their crown to โฌ proved more successful. The average swede got poorer that the average dane mainly due to loss of ppp due to inflation caused by terrible SEK Performance against major currencies
@CorvusCrypto@FredrikHjelm4 Good for the industry bad for people who got poorer seeing their money lose value and prices inflate much more than Euro area!
Crown lost more than 10% of value against $ and โฌ. Just look at Denmark who begged their currency to Euro who got much richer than Sweden on ppp
@MichaelAArouet Countries that didnโt adopt the Euro on this mostly experienced steep devaluation of their own currencies and high inflation relative to Euro area.
@levelsio Non Euro EU countries got hit so bad the last years! Look at inflation levels in Poland, Hungary, Sweden. It actually made people poorer. purchasing power In Sweden has been declining for years because currency is in free fall as opposed to neighbor Denmark that pegged to Euro
@robertskmiles@paulg Spot on! Scandinavians and nordics are being taught that you should be satisfied and happy with what you have as it doesnโt get better than that
@MsMelChen Also thereโs no killing of Christians or rape or any violence towards them as being reported. killing started with the formation of an alawite armed faction that attacked and killed tens of armed forces and took control of parts of cities and then the retaliatory acts followed
@BOlmsted17@RepThomasMassie Egyptian military which is the only entity standing to benefit from this aid is a de facto gatekeeper for israelโs interest there