My Opinion

German banks are still holding back on Bitcoin trading. The coming year could finally bring the big change.

Given the usual skepticism of many banks in Germany, the rather rare messages about getting into the crypto sector are probably all the more interesting. With Postbank, one of the largest and most well-known companies in the German banking industry now dares to team up with a crypto service provider. Postbank and the company Coindex have decided to cooperate. Postbank customers who have long been thinking of trading Bitcoin and Altcoins can easily do so soon. For this purpose, Postbank customers will have access to the special Coindex trading platform.

This is how the current joint reports from the cooperation partners state. Who is Coindex? This is a young, new company with headquarters in Bielefeld. The startup will finally open its own platform doors in the first month of the new year. With the slogan "platform for intelligent crypto portfolios", the service provider definitely gets some attention from potential investors. Digital assets are expected to be tradable on an index basis from next year. At present, a revision phase is underway, and Postbank investors should be able to invest in crypto-values starting in March. Which currencies should be available at the end in detail, the Coindex website does not answer yet. However, not only Bitcoin and Ethereum are to be listed as the basis for the in-house "Cdx".

Behind the term "Cdx", the platform hides a "fully automatic dynamic index". This index should be able to map the entire crypto market. It is known that lenders do not have to create their own wallet. The normal Coindex account including legitimacy is sufficient for investments. The management is supervised by the government. The aim is to make trade as easy as it is transparent. Investor needs should be the linchpin for trading. The Postbank ask interested parties on their website also for wishes and suggestions for the upcoming trading platform. The likelihood that bank customers in Germany are able to trade next year Ethereum, Litecoin and, of course, Bitcoin is high. Politics is currently laying the foundation for a market opening. Not all crypto followers show up positive mood by reading such messages.

Thanks to a new money laundering law, German banks will be able to retain Bitcoin and offer crypto services in the future. An important step in the adaptation.

From 2020, it will be legal for German banks to sell cryptocurrencies like Bitcoin. German financial institutions are not yet allowed to sell cryptocurrencies directly to their clients, but this could change in the future. Thanks to the planned law implementing the EU's fourth money laundering directive. This should allow German banks to keep Bitcoin and offer other crypto services in the future.

As decided last week in the Bundestag, crypto values in Germany are becoming an official, regulated financial instrument. The new money laundering law allows banks to store and offer cryptocurrencies. This could open up a new business area for German banks from 2020 onwards. Currently, no institute offers its clients virtual assets, except for the Bitwala bank in Berlin. The law has already been passed by the Bundestag and now awaits the consensus of the 16 federal states.

The German crypto community is satisfied with the bill and thinks that Germany is well on the way to becoming a crypto-heaven. If the federal states agree with the proposal, German citizens could hold their digital currencies directly with banks. In doing so, banks will provide appropriate online banking solutions for the full range of assets, including stocks, bonds and cryptocurrencies. This means that crypto owners can access their credit at the push of a button.

The final bill also provides for a deletion of the so-called separation bid. According to him, the re-regulated crypto-surplus transaction should not have been offered together with other regulated banking operations from the same legal entity. Until now, banks had to resort to special subsidiaries or external depositaries.

Interestingly, the Federal Association of German Banks (BdB) welcomes the new regulation. It is argued that lenders already have experience in storing client assets and risk management. The new law could prevent cryptographic money laundering and allow German investors access to the crypto room through domestic funds.

However, not everyone is satisfied with the bill because critics fear less consumer protection. The consumer center of Baden-Wuerttemberg fears that the banks with the new products will sell more aggressively and with all means at new customers. However, there is a risk that customers may not be sufficiently informed about the potential risks of investing in cryptos. When it comes to the safekeeping of crypto assets, Bafin¹ supervision must also intensively examine the additional IT risks, since storing Bitcoin places entirely new demands on the technical infrastructure.

The term "crypto values" will now appear and be defined in German law for the first time and is thus considered the core of the new regulation. By definition, crypto-values are digital representations of a value that has not been issued by any public authority or central bank but is used for investment purposes and accepted as a means of payment and exchange. On November 29, 2019, the Federal Council finally adopted the law, which means that the new regulation can enter into force on January 1, 2020.

¹⁾ Bafin - Federal Financial Supervisory Authority
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) is a German public-law institution with legal capacity based in Frankfurt/Main and Bonn. It is subject to the legal and technical supervision of the Federal Ministry of Finance.

The results of a youth study commissioned by the City of Vienna on the topic of identity and radicalization are alarming: 27 percent of Muslim respondents reject the West and make their religion through the laws in force in Austria. Homosexuals and Jews are also denied.

On behalf of the City of Vienna, young people aged between 14 and 24 were interviewed. More than half of the young people are Muslim, 36 percent are Christians. There are two similarities: They are getting accustomed in youth centers and are from socially weak families. Therefore, the study is also not representative for Vienna. The numbers are speaking for themselves anyway.

59 percent of Muslims reject homosexuality. Among the Catholics there are 24%, the Christian-Orthodox 50%.

A total of 33% were negative about Jews. Among Muslims, anti-Semitism is seriously high (47%).

Female adolescents evaluate according to the survey of rare and less strong than male. Young people with higher education are also more tolerant. Clear correlations shown therefore between the tendencies of prejudice and concern for the future of vocational and scholastic education.

One focus of the study was the radicalization of the Muslim teenagers. 27% therefore sympathize with jihadism, affirmative violence and hostile to the West.

Should someone soothe that it is only 27%? These are those who are cared for in youth centers, how does it look with those who are not looked after? They openly reject the West. Why are not their applications for asylum rejected? Why these stupid Muslims have been going to a country which they hate and not respect the culture? What are they doing in Europe? What attracts them to the "unbelievers"?

It looks like these uneducated people don't know that they have to accept the local law and order of their host country. They like to take the system with them from which they have been escaping. It looks like they are so perverse and in need to get suppressed and cannot handle any freedom.

The city councilor Sandra Frauenberger said: "Young people talk about things, which they have not yet grown. No risk out of them, on the contrary, they are endangered. We must give protection".

In view of the results, Frauenberger now wants to consider how to reach those affected even more - so that they can defend themselves against the calls of radical adults. The instruments already exist, they should now be sharpened. Thus, topics such as anti-Semitism and homophobia are to be dealt with more strongly by young people.

In addition, young people who were previously difficult to reach, will be addressed by using their community. Especially young people from Chechnya or Afghanistan fall into this group, as it was called. The contact with the parents should get also intensified. The work has been coordinated since 2014 by the Viennese network for deradicalization and prevention.

27% it should be according to a much-publicized study in Vienna. So every fourth. Endangered to slide down in the violence, murder, terror, Jihad. Seduces and indoctrinated, but always voluntarily. Well, and since I now have a problem...

With the term "endangered". For example doctors without borders in war zones and areas of the disease are endangered for me. Or buddy's outdated mines. Or Red Cross workers in Iraq, in Syria. And more recently dealer in Manila.

But not every fourth Vienna Mohammedans, who whistles on integration, our culture neither accepted nor respected and is of the opinion that Islam must defend themselves against his "subjugation" by the "West" by all means. No, these people are not endangered. We are it. Their host country, their fellow citizens, their neighbors, perhaps even our friends.

Because these people, namely plain and poignant - are dangerous. This is the only correct term. But: Endangered sounds just less threatening as dangerous. And, of course, the old left-lined position is based on the fact that the victims are the perpetrators.

The survey, with the result that 27% of Muslims place religion above national laws is a confirmation of a similar survey from Germany. In Germany, naturalized migrants (i.e. German) Turkish origin were interviewed and the result was still devastating with 37%. For realists, there is no question in which direction the train will take in the future. The political leaders will find themselves again only in the history books if there will be this freedom still available.

These migrants are against the West and against the western culture. But they have no problem to take the money from unbelievers which they receive as social assistance. Send them back home if they are not happy here. Oh, yes, there the religion has already destroyed everything or is just happens now. Their rules do not work in their countries of origin (uprisings, civil war, etc.) and will also tear the Western World into the abyss.

But at some point must it even get the dumbest one, that the Western World is sitting on a powder drum where fuse is already burning a long time. The spiral of violence turns faster and faster since the Muslims arrived in the Western World.

In Germany, the church receives 19 billion Euro annually from the state. Why? Because they are churches and religions in this country have always been financed by taxpayers, although their assets are estimated to be about 500 billion euros (all property, land, property, etc.).

The Islamic associations are now yelling: STOP STOP, NOW I SPEECH! And also demand money and are immediately screaming discrimination, if they do not get it. Since the two Christian churches are trying to prevent any debate about the legality of this welfare-State benefits, they figure dairymaid-like, it is still most profitable for them if you mass tax money also the associations of Islam get (they don't pay it finally), that they voluntarily give up "their" money.

This is the main reason why the Islamic associations are pushing open doors, and the churches are at the forefront of equating Islam in every respect before they give up billions of euros in taxpayers' money. This also means that the Islam in the schools will be that imams and Islamic religion teachers will get financed by the government and of course, that they eventually get their own Islamic labor law and legally covered, who is not a Muslim, which simply doesn't get the jobs allocated by them in their institutions. Against this nothing can get done otherwise the Christian churches will loose their privileges too.

The state is thus trying to breed its own Euro-Islam, which he believes he can direct. Only the Islamic associations, however, are firmly linked with the foreign countries, with partly anti-democratic countries and governments, which are only too willing to use this privilege to subvert and influence. And also here the state will not intervene, because he would tangle in this case with the churches, which don't want to renounce no cent of tax money. Anyway others are paying it and with the often negative effects the population must come alone clear. If not, they are supposed to be "Islamophile" or "Islamophobia", in order to make them guilty and subordinate intolerance.

Even if Christians do not like it, the churches are mainly responsible for the fact that there is an Islamization. And with Islamization, we do not understand that all are forced to Islam, but that Islam is going to clash all the privileges that the churches already have. Including the non-criticism of their practices. The only rational way against Islamization and the excessive influence of foreign Islamic governments is therefore secularization and rethinking the privileges of the religions. All religions!

The bottom line it looks namely, that as Turkey gets here a big co-right and this co-right get even paid from the German tax payers, because many associations of Islam by the dominance of the Turkish members are Turkey enslaved. Germany, however, does not have any co-right in Turkey and other Islamic countries. In such a case it would get spoken about colonialism, Hitler and any right of scrutiny gets rejected.

As long as the churches are only keen on the tax money, they will always look away, whenever everywhere else Christians are getting persecuted, while they themselves contribute to this, that Islamic groups, who are advocating the Christian persecution in their homelands are rising their influence.

The lack of common values makes integration of Muslims almost impossible and their self-imposed demarcation probable.

As the first refugees arrived, many welcome clappers stood at the stations and cheered the new arrivals as a great enrichment. Many of these refugees got teddy bears as a gift, because teddy bears are probably exactly what people need most, after crossing the entire Balkan part by foot.

After all, most of the refugees thought they would be given a house, a car, and a well-paid job right away, and they would soon catch up their families. The whole Refugees Welcome banner, the self-esteem with the German Chancellor, their promise to let everyone into the country and no one to control, while no one will be pushed off, even if his asylum application is rejected, has helped to attract more to Germany as Germany and other EU countries can cope.

In order to increase acceptance, for the millions of refugees, nice stories or better described as simple lies got designed to calm down indigenous people. Supposedly, only academics and highly trained specialists would be the ones who would catapult Germany's economy to the world's peak. So to speak, each Syrian an atomphysicist. It turned out, however, that very many of them were neither atomphysics, nor Syrians. After it became known that Syrians no longer get deported, everybody wanted to be a Syrian and purchased a Syrian Passport at the black market. Syria is therefore probably the only country on this planet, where a quarter of a million people have been murdered in the last few years by Assad's regime and Islamic groups, but the number of citizens is still rising sharply.

In order to take the fears of the population, police reports are being dressed. Thus it is stated that 10% of all refugees (in Germany) are punished at least once, but one should not be worried, because these are only minor offenses, such as black riding or shoplifting. Ten percent of a million will be a whole lot! In other places, there is talk of organized prostitution in some refugee shelters. At the very least, they have learned quickly that supply and demand are related and how to implement it properly. Some of them are business-minded, yes, but someone should finally explain to them that they can not claim to be recognized as a refugee, to flee from the Islamic state, who also kidnapped girls and made women to sex slaves, by doing here exactly the same.

If 80% of all refugees are men, the refugee women will not have it easy. Especially here one can see the differences in the way of thinking. While in Europe women are legally equal in all respects (although some men may see differently, the woman can fight well against real oppression), many of the refugees are thinking that women are subordinated to men and considered of having a lower value. Since fewest of these refugee men are feminists, their image of women should be so simple. Here the man, there the submissive woman who serves the man. So how has it been with Mama always, when they did not have to bend at home a single finger. In refugee shelter, this image is continuing partially. Volunteers, many of them are females, smearing breads and hand out clothes during their leisure time. Many refugee men get boring in the meantime and are making nonsense.

Formed in their home country from Mommy spoiled and disfigured, it continues in Europe. Even the refugee women are even consider as too stupid for such a job and not one even trust them to introduce themselves and to make themselves useful. Smearing sandwiches and distribute donated clothes may seen by some men as low activity. As long as there are Eurpean women who intensify this attitude (unconscious?), we cannot expect that the image of women will get modernized quickly. The angry awakening will come. For the most European (and other living women here) it is indeed too stupid to wear his ass behind the man. Welcome to the Western World! This is usually the case here, even though some refugee assistants may declare the refugees as immature and try to stifle independent behavior from the outset, only for the reason to self congratulations and to celebrate themselves to be a good human, who help these savages not to starve, Because they are probably would go in their home with bow and arrow for hunting and would immediately starve here, if not getting spoiled from prosperity children who are smearing bread for them.

As said already, among the refugee men, not all, but probably damn many from them, are the gender roles simply knitted. The hetero-man and the hetero-woman, who serves him because the hetero-man got already raised from his hetero-mother to be dependent on his mother, who is therefore afraid of women because he is dependent on her care.

And that is only the beginning of all these reasons, why especially immigrants from patriarchal and archaic (Islamic) societies are even not trying to integrate themselves here or somewhere. Either because they are not understanding it all (what you can understand well) or because they feel it ridiculous and cling rather to old traditions or Islam and there get their simple answers to complex questions. There is the man still man and the woman just woman. Everything else is simple and easy to understand.