You're Running Out Of Time to Exit the Fiat System! Banks Limiting Withdraws & Bitcoin Purchases! 🏦

In this video, I discuss the UK travel rule, the Federal Reserve going bankrupt and in need of a Bail-in, Banks limiting cash withdraws, as well as Crypto exchanges in Australia and the US limiting Bitcoin withdrawal amounts. If you have ANY Crypto or Bitcoin on an Exchange you MUST get a Cold Storage wallet ASAP and Self Custody while you still can! Once these Spot ETFs are approved by the SEC, groups like BlackRock will buy it all up and only sell it back to you in the form of an ETF that they control and custody.

Shares of the ETF WILL NOT be redeemable for actual Bitcoin that you can control and custody! This is by design.

While this will lead to enormous price increases in Bitcoin and make people rich, if you sell your Bitcoin back to an Exchange it will be gone forever! HODL and only use it in instances where you can essentially trade the Bitcoin for goods and services. In my area, Realtors, Car Dealers, Doctors, Dentists, Precious Metal Dealers, etc., etc., accept Bitcoin as payment and some offer up to a 20% discount if you pay in Bitcoin as opposed to a credit card. This is the way!

At some point, it may become impossible to withdraw any amount of Bitcoin from a regulated exchange or entity to self-custody. This could become necessary to help to close the exits from a rapidly inflating fiat currency.

In this context, I discuss how FDR closed the gold exits in 1933-1934 with Executive Order 6102, before massively devaluing the US dollar against gold. Something similar could happen if a government chose to seize a Bitcoin ETF custodian's holdings of BTC.

You could still get rich holding a Bitcoin ETF, but you won't get free.

Executive Order 6102:
https://en.wikipedia.org/wiki/Executive_Order_6102

Coinbase limiting withdrawals?
https://twitter.com/thecolinbrown/status/1716573084780802447

UK Crypto Firms Will Now Be Forced To Seize Some Inbound Payments:
https://www.forbes.com/sites/martinrivers/2023/08/31/not-your-bitcoin-uk-crypto-firms-will-now-be-forced-to-seize-some-inbound-payments/

UK Travel Rule:
https://support.coinjar.com/hc/en-gb/articles/20894541408665--What-is-the-Travel-Rule-and-what-are-pending-payments-

Original Video by Bitcoin University: https://www.youtube.com/watch?v=PFQ9bCtlyPA

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