3 years ago

𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.

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...

In this video, I discuss the bank Santander UK's decision to limit customer withdrawals to cryptocurrency exchanges, in the greater context of UK financial repression.

Santander UK is a poorly rated bank with a very poor history of stock performance and capital allocation, as well as a history of paying fines for doing things like holding on to dead customers' money. They are in no position to assume the moral high ground on anything.

The big picture is that the UK needs to inflate its way out of its debt, and may be starting the process of sealing the exits. Bitcoin is the best place to hide from financial repression, and the banks and government know it.

We are rapidly moving to a situation where people will no longer ask how much a Bitcoin costs, but will be willing to pay or do anything to be able to move their savings into Bitcoin, as a way of hiding from government financial repression.

Not investment advice! Consult a financial advisor.

Santander UK:
https://en.wikipedia.org/wiki/Santand...

Santander limits withdrawals to crypto exchanges:
https://www.santander.co.uk/personal/...

Santander has done some terrible things:
https://www.theguardian.com/business/...
https://uk.finance.yahoo.com/news/uk-...
https://www.nytimes.com/2022/01/01/bu...
https://www.bbc.com/news/business-267...
https://www.theguardian.com/money/201...

Satoshi on why we shouldn't trust banks:
https://satoshi.nakamotoinstitute.org...

When FDR stole Americans' gold:
https://en.wikipedia.org/wiki/Executi...

Financial repression:
https://en.wikipedia.org/wiki/Financi...

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
#santanderbank
#banks

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.

Loading comments...