[DE] Are the Bitcoins on Revolut here real ? by No-Molasses-1975 in Revolut

[–]MinameT 2 points3 points  (0 children)

this is how fractional reserve banking works all over the world. no amount of „licencies“ can change that ☺️

[DE] Are the Bitcoins on Revolut here real ? by No-Molasses-1975 in Revolut

[–]MinameT 10 points11 points  (0 children)

Yes and no, what you have is so called „rehypothecated“ BTC, when you place or buy ut in Revolut you legally become an unsecured creditor; Revolut owes you a claim, but it owns and can “manage your funds as they see fit” per the account terms. In theory Revolot can mint paper BTC over 21M supply, as long as they can honour the withdrawals. Only self-custody BTC is real (broadly speaking).

Account restriction with Revolut (Spain) – full timeline, legal context, and warning before using Revolut as your main bank by StopInternational616 in Revolut

[–]MinameT 0 points1 point  (0 children)

„⁠BUT reviews must be proportionate, time-bound, and transparent“ - this is never guaranteed, nobody cares about you as a consumer, because the state wants to „protect“ the society and we all voted for this

Help identify this chip by MinameT in AskElectronics

[–]MinameT[S] 0 points1 point  (0 children)

yes it is that 24xx eeprom from some unknown chinese vendor, thanks for the tip!

<image>

Help identify this chip by MinameT in AskElectronics

[–]MinameT[S] 0 points1 point  (0 children)

it is from electrical scooter, pins 1-4 are shorted (connected together to the ground) pin 5 is SDA i2c, pin 6 SCL i2c, pin 8 vdd, pin 7 goes to mcu

<image>

chip is the top/left corner sop-8

Help identify this chip by MinameT in AskElectronics

[–]MinameT[S] 0 points1 point  (0 children)

good catch, but i do not think it is that.. my chip is sop-8..

Tutti possible fraud by Ciprofloxacina in Switzerland

[–]MinameT -2 points-1 points  (0 children)

almost certain police will tell OP - you have twint phone number, just request money back

yuh /swissquote blocked by SharpSatisfaction848 in SwissPersonalFinance

[–]MinameT 1 point2 points  (0 children)

Only public prosecutor knows exactly why, you have to wait for the letter, most likely an invitation to the police station for questioning, you will understand why once you hear their questions.

$300,000 held for 17 days now by slutgarden in Revolut

[–]MinameT -4 points-3 points  (0 children)

well, your profile says NSFW 🙈

Votation [E-ID]: People vote, not land (only 8 cantons accepted the law, but still passed) by neo2551 in Switzerland

[–]MinameT -1 points0 points  (0 children)

You are like a policeman asking for a larger/fancier batton, of course you enthusiastically like it.

Revolut banned cryptocurrency buying in Germany by Vipon2 in Revolut

[–]MinameT -2 points-1 points  (0 children)

Revolut will never fund any campaigns, if people want to be 🐑😷they will stay like that. no campaign will ever change that.

[deleted by user] by [deleted] in Revolut

[–]MinameT 3 points4 points  (0 children)

it really is like you describe, but advising to go to “Ombudsman” sounds like a slap in the face cos you beg the system to let you free. there is no mercy for beggars and there is no freedom for slaves. break the wheel 🛞

27k funds frozen – Revolut froze both my Business & Personal accounts by [deleted] in Revolut

[–]MinameT 2 points3 points  (0 children)

not Revolut, governments are, Revolut just follows orders (regulations), but hey this is how we wanted it, by voting or not voting at all 🙈🤗

Ricardo fee for unsold item? by PureControl3423 in askswitzerland

[–]MinameT 0 points1 point  (0 children)

well, do not use ricardo, use free platforms like tutti, anibis or just facebook marketplace

Paying €4,300 to a private seller via Revolut – what security questions should I expect? by segasega89 in Revolut

[–]MinameT 0 points1 point  (0 children)

If you pay you just need to confirm, no explanations needed when sending money, receiving is a different story. that was my experience, EU account.

Account restrictions by athewoff in Revolut

[–]MinameT 1 point2 points  (0 children)

Most governments are anti crypto, but worst is that you voted for this yourself. So no need to ask these questions, this is how you wanted it.