How CombiBars Could Help During A Cyprus-Style Bank Bail-In

June 25th, 2013 by

This week’s episode of The Coin Explorer discusses the possibility of a Cyprus-style bank bail-in happening here, and how the CombiBar from Valcambi might help you deal with your bank accounts and credit cards being frozen while the extent of depositor “haircuts” is decided.

[youtube https://www.youtube.com/watch?v=VyJqBH5GG8U?rel=0]

 

Of course, we all hope that it doesn’t happen here, but it doesn’t hurt to be prepared!

by The Coin Explorer