Will The UK Freeze Bank Accounts?

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In this video, I discuss how bank bail-ins could become increasingly common-- even in major economies, as bankers and politicians attempt to deal with the implosion of the current fiat financial system.

In a bank bail-out, outside investors or the government provide capital to shore up an insolvent bank. In a bank bail-in, some or all of that capital comes from the depositors themselves (the life savings of people like you and me).

In other words, bankers are happy to confiscate your savings if they need to in an emergency. This happened in Cyprus in 2013, and the Bank of England is prepared to do the same thing if necessary in the UK.

People are waking up to the fact that they might need to have a little Bitcoin, not just to get rich, but to survive the coming fiat implosion-- which we are already witnessing with the British pound.

By the end of this decade, it is quite likely that the only 2 forms of money left are CBDCs (central bank digital currencies) and Bitcoin.

Choose wisely where you want to store the fruits of your labor.

Not investment advice! Consult a financial advisor.

British bond market trading like a meme stock:
https://twitter.com/jackfarley96/status/1575118365156380674

UK pension funds would have collapsed without intervention:
https://twitter.com/SkyNews/status/1575133764988162048

Bank of England launches £65bn move to calm markets:
https://www.ft.com/content/756e81d1-b2a6-4580-9054-206386353c4e

2013 Cyprus bail-in:
https://www.bbc.com/news/world-europe-21814325
https://www.usatoday.com/story/money/business/2013/07/29/bank-of-cyprus-depositors-lose-savings/2595837/

Tuur Demeester on bail-ins:
https://twitter.com/tuurdemeester/status/1575191043309731843

Bank of England manual on bail-ins:
https://www.bankofengland.co.uk/-/media/boe/files/paper/2021/executing-bail-in-an-operational-guide-from-the-bank-of-england.pdf

Investors dumping Euros and Pounds for Bitcoin:
https://twitter.com/BTCGandalf/status/1575204682452336640/photo/1

Harald Malmgren sees CBDCs coming soon:
https://twitter.com/Halsrethink/status/1574547176163770370

Harald Malmgren:
https://en.wikipedia.org/wiki/Harald_Malmgren

The problem with proof of stake coins:
https://www.youtube.com/playlist?list=PL7w04GVKPitEXH4FlFy2kOsCjM9WF-g58

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https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

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#boe
#uk
#bitcoin

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