Banks Are BENDING THE KNEE to Bitcoin... But There's a Catch (OCC Greenlight's Crypto Deals!)

4 days ago
553

The U.S. just gave banks the green light to dive into Bitcoin—no custody needed. From OCC approval to PNC offering real BTC to the wealthy, everything’s changing. But is this true adoption or just another trap? Find out what this means for you—and why self-custody still reigns supreme.

SPONSORS:
⛏️Sazmining
https://www.sazmining.com/?oid=10&affid=8&source_id=Youtube&sub1=Description
🎯 Use code SIMPLYBITCOIN for a discount

✅ Ledn
https://www.nmj1gs2i.com/C5PWF/9B9DM/?source_id=Youtube&sub1=Description
Simply Bitcoin clients get 0.25% off their first loan
Need liquidity without selling your Bitcoin? Ledn has been the trusted Bitcoin-backed lending platform for 6+ years. Access your BTC’s value while HODLing.

👉 Aura:
Stop leaving yourself vulnerable to data breaches. Go to my sponsor https://aura.com/simplybitcoin to get a 14-day free trial and see if any of your data has been exposed

CHAPTERS:
00:00:00 - Major Bitcoin News: Banks Dive In
00:00:23 - OCC Letter: Banks as Crypto Intermediaries
00:02:32 - Riskless Principle: Banks Facilitate Trades
00:03:04 - PNC Bank's Spot Bitcoin Trading Announcement
00:03:49 - Michael Saylor's Predictions on Banking and Bitcoin
00:04:39 - Digital Credit: The Future of Banking
00:05:29 - Bitcoin's Yield vs. Conventional Credit
00:06:11 - Banks Profiting from Bitcoin Products
00:06:33 - The Shady Side of PNC's Bitcoin Access
00:07:29 - Protecting Your Privacy with Aura
00:08:34 - Mining Bitcoin Made Easy with SaaS Mining
00:09:42 - Rapid Adoption of Bitcoin by Major Banks
00:10:48 - The Shift in Banks' Attitudes Towards Crypto
00:11:48 - The Importance of Self-Custody in Bitcoin
00:12:32 - Preparing for Financial Crises
00:13:26 - Ledin: Bitcoin-Backed Lending Services
00:14:21 - The Future of Bitcoin: Extended Bull Run?
00:15:06 - Final Thoughts: Banks and Bitcoin's Future

✓ SUBSCRIBE - https://bit.ly/3QbgqTQ
✓ LEAVE A LIKE
✓ COMMENT

Follow Us:
https://simplybitcoin.substack.com
https://x.com/internetsophi

DISCLAIMER: All views in this episode are our own and DO NOT reflect the opinions/views of any of our guests or sponsors.

Copyright Disclaimer Under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education, and research. If you are or represent the copyright owner of materials used in this video and have a problem using said material, please contact Simply Bitcoin.

Loading comments...