You're Running Out Of Time (Bitcoin)
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 Published On Nov 2, 2023

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In this video, I discuss the UK travel rule, as well as crypto exchanges in Australia and the US limiting Bitcoin withdrawal amounts.

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.

Not investment advice! Consult a financial advisor.

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

Coinbase limiting withdrawals?
  / 1716573084780802447  

UK Crypto Firms Will Now Be Forced To Seize Some Inbound Payments:
https://www.forbes.com/sites/martinri...

UK Travel Rule:
https://support.coinjar.com/hc/en-gb/...

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
#crypto

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