Bitcoin
$4,027.64 -0.22%
BTC · 10w

French Yellow Vest Protesters Urge Supporters To Spark Bank Run With Mass Withdrawals

Activists from the Gilets Jaunes (Yellow Vest) movement have vandalized nearly 60% of France's country-wide speed camera network, according to Interior Minister Christophe Castaner, who said that the wilful damage was a threat to road safety and endangered lives, according to the BBC.

The BBC's Hugh Schofield, in Paris, said evidence of the vandalism is visible to anyone driving around France, with radar cameras covered in paint or black tape to stop them working. But the extent of the damage - now believed to affect more than half of all 3,200 speed cameras in the country's network - was unknown until Mr Castaner's statement on Thursday. He said the devices had been "neutralised, attacked, or destroyed" by members of the protest movement. -BBC

Speed limits in France have become a hot-button topic, after the Macron government lowered the limit on many roads from 90 km/h (55 mph) to 80 km/h (50 mph) early last year.

Yellow Vest protesters upset over an increase in fuel taxes have also complained about the rising costs of commuting for those who can't afford to live near urban centers where they work - citing speed cameras and toll roads in their complaints.

Bank run?

While the Yellow Vest movement has been taking to the streets for violent clashes with French police, activists from the movement are now recommending that French protesters empty their bank accounts to spark a bank run - in a move which one protester, Maxime Nicolle, called a "tax collector's referendum."

"We are going to get our bread back ... You’re making money with our dough, and we’re fed up," said Nicolle in a video message, as reported by the Associated Press.

The movement’s adherents said they hoped the banking action will force the French government to heed their demands, especially giving citizens the right to propose and vote on new laws. -Associated Press

And while outraged Yellow Vests continue their protests, the Macron government is sc...

Continue on zerohedge.com
Recent news
BTC -0.22% · twitter.com · 3h

Binance To Offer BITCOIN Trading On Margin

BITCOIN,ETF,CASH,BTC,BCH,ETHEREUM,RIPPLE,XRP,EOS,STELLAR,LITECOIN,MONERO,TETHER,CARDANO,DASH,IOTA,TRON,NEO,TEZOS,BITFOREX,BITMEX,BINANCE,OKEX,BITFINEX,BITFLYER,COINBASE,ZCASH,XEM,WALLSTREET💖💖 Breaki...
BTC -0.22% · youtu.be · 11h

"The House of Rekt"

Welcome to the House of The Rekt - Where you may sell but you may NEVER leave!!! This is the first video of many, I hope you like it and please subscribe for...
BTC -0.22% · traderschat.io · 14h

Superorder Basics: Trading Terminals Overview

Remember the article about the benefits of using our crypto trading terminal? There, we’ve discussed the definitive advantages of Superorder and general nice features of this tool for traders. Today w...
BTC -0.22% · twitter.com · 18h

When you remove fake volume, the real BTC volume is quite healthy given its mkt cap. Gold’s market cap is ~$7T with a spot volume of ~$37B implying a 0.53% daily turnover. Bitcoin’s $70B market cap would imply a 0.39% daily turnover, very much in-line with that of gold.

10/ When you remove fake volume, the real BTC volume is quite healthy given its mkt cap.Gold’s market cap is ~$7T with a spot volume of ~$37B implying a 0.53% daily turnover. Bitcoin’s $70B market cap...
BTC -0.22% · threadreaderapp.com · 19h

95% of reported volume is fake but LOTS of good news!

Thread by @BitwiseInvest: "1/ New Research from us @BitwiseInvest. As part of 226 slides presented to the SEC on our ETF filing, we did a firalysis of *order book data* from all 81 exchanges reporting...
BTC -0.22% · twitter.com · 22h

Heating a greenhouse with a bitcoin miner

#greenhouse #heating using @SilentMinerHeat Please support us via #bitcoin @tallyco_in campaign available here: https://t.co/8SOuoCBpJv pic.twitter.com/wCPU8lR8Vk— Heat Miner (@SilentMinerHeat) March ...