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MCC = merchant category code,
on top of creditcard fee, there will now be a fee, like you take cash with your
credit card out of the well (= cash advance)
That question is very old and has shown some really nice points in the past to open our eyes:
Time for change in the markets is:
• when interest rates are on the bottom and are nearly ready to go north again
• when skirts of girls can't get shorter - but will get longer again
• when feminism ends in a #metoo debate (no more grid girls on F1 racing)
• when money in the markets is printed money (fiat money) and not built by the industry but making ATH's in a row
• when longtime lies of large companies are coming to the surface (see banks or car builders like VW, Daimler etc.)
• when large banks are making negative money with there "investment bankers"
• when every housewife gives trading/gambling a big part of time in the day
That is when you need to RELOAD your systems for trading.
And then the time has come to think about trading itself.
Maduro frequently says that the Petro will be backed by Venezuela’s oil reserves, as well as its storehouses of gold and diamonds. Yet there is no way to exchange the digital currency for any hard assets.
