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Make It Easier To Seize Bitcoin (Biden AG)
Trader University
184K subscribers
𝐋𝐞𝐚𝐫𝐧 𝐭𝐨 𝐛𝐮𝐲 𝐚𝐧𝐨𝐧𝐲𝐦𝐨𝐮𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐚𝐧𝐝 𝐂𝐨𝐢𝐧𝐉𝐨𝐢𝐧:
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.
In this video, I discuss the US Attorney General's report and recommendation on making it easier to seize digital assets like Bitcoin, as well as the setting up of a new bureaucracy called the DAC Network.
Under civil forfeiture, law enforcement or government agencies can seize your assets, even if you have not been accused or convicted of a crime. This latest report from the AG wants to expand these powers to include digital assets in amounts over $500,000.
The US government has a strong motivation to close exits from fiat, as it seeks to inflate its way out of debt. FDR confiscated Americans' gold back in 1933, and it appears that the US government wants expanded powers to be able to do the same to Bitcoin.
If you hold your own private keys, no one can seize your Bitcoin.
"Not your keys, not your coins"-- get your Bitcoin off the exchanges today.
Not investment advice! Consult a financial advisor.
The Best Ways To Store Small and Medium Amounts of Bitcoin:
https://www.youtube.com/watch?v=rTIl7...
Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC...
Biden Administration Wants To Make It Easier To Seize Bitcoin Without Criminal Charges:
https://www.nobsbitcoin.com/biden-adm...
Biden AG report on digital assets and crime:
https://www.justice.gov/ag/page/file/...
Justice Department announces launch of DAC Network:
https://www.justice.gov/opa/pr/justic...
Financial repression:
https://en.wikipedia.org/wiki/Financi...
https://www.richmondfed.org/publicati...
When FDR seized Americans' gold:
https://en.wikipedia.org/wiki/Executi...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#biden
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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