Big Bad Bank Scared of Bitcoin (Santander UK)

𝐋𝐄𝐀𝐑𝐍 𝐓𝐎 𝐁𝐔𝐘 𝐀𝐍𝐎𝐍𝐘𝐌𝐎𝐔𝐒 𝐁𝐈𝐓𝐂𝐎𝐈𝐍➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
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=rTIl7TKEowg&ab_channel=TraderUniversity

Best Way To Store Large Amounts of Bitcoin (Multi-Sig):
https://www.youtube.com/watch?v=e27pC-gUDIc&ab_channel=TraderUniversity

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/Santander_UK

Santander limits withdrawals to crypto exchanges:
https://www.santander.co.uk/personal/support/fraud-and-security/cryptocurrency

Santander has done some terrible things:
https://www.theguardian.com/business/2018/dec/19/santander-fined-for-keeping-dead-customers-money
https://uk.finance.yahoo.com/news/uk-finance-pays-227-m-fines-for-money-laundering-failings-and-keeping-dead-customers-cash-133148599.html
https://www.nytimes.com/2022/01/01/business/santander-bank-extra-payments.html
https://www.bbc.com/news/business-26746266
https://www.theguardian.com/money/2011/feb/26/santander-britains-worst-bank

Satoshi on why we shouldn't trust banks:
https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/1/#selection-45.226-45.379

When FDR stole Americans' gold:
https://en.wikipedia.org/wiki/Executive_Order_6102

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

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

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