Scooter

YOU DON’T ENOUGH BITCOIN

After what happened yesterday with Ueno Bank in Paraguay, it looks like another bank is having problems with its customers’ funds. Apparently, Banco Familiar was also connected to Ueno Bank. The panic is starting. Bitcoin fixes this.

In stage two of the long term debt cycle the administration uses financial repression. They lock you into the dollar system and once all exits are closed, they inflate the debt away, and dollar holders pay the price.

Where it all started.

the binance hacker just did something genius and it should scare you tether froze $1.5 billion in stolen USDT. circle froze $800 million in USDC. everyone's celebrating like the problem is solved meanwhile the hacker deposited the stolen USDT on aave, borrowed ETH against it, and walked away. because USDT can be frozen. ETH can't he's never paying it back. he doesn't need to tether and circle just proved they can freeze billions in seconds. and the hacker just proved that if you know how defi actually works, none of that matters the freeze saved some of the money. but the smartest money was already gone before anyone pressed the button

Government: “Trust us with your money.” The money:

People - the debt will be inflated away but not all stores of wealth will be accessible to you. IMF paper documents the whole incoming regime of Financial Repression. You may see a balance in your brokerage or bank, but you will not be able to spend it. Overview The Western governments owe $100 trillions of dollars of debt. They can never pay this debt. They have no choice but to inflate it away as they did after the World Wars. This goes for all Western governments. First understand the basic mechanism of money supply expansion, QE. Quantitive Easing or QE is a term used often but understood by very few. It is simply the central bank (or Federal Reserve in the US) buying bad debt from other government debt holders. It can be called debt monetization and is mostly called “money printing”. QE increases the size of the central bank (Feds) Balance Sheet. But why does this cause inflation? Why do they call this inflating the debt away? The answer is because prices go up because more money is bidding for the same goods and services so the price of these goods and services bids up. The people pay for the debt with inflation and Financial Repression locks them from accessing the inflated assets. The IMF just released their new paper “The Coming Great Repression”. This is Financial Repression and its coming fast. The governments will lock all exits from the fiat dollar/euro/yen systems then inflate the supplies to monetize the debt. The early years before the events will be an attack on self sovereign assets and anything that shields wealth from government control. The main stream media never even reported on this paper. There will be an attack on Western citizen wealth. Self Custody crypto and physical gold are the only lifeboats for wealth preservation under this incoming regime. Look for more self custody FUD campaigns and more pressure to move to controlled custodial solutions behind “logins”. There will be capital controls and guard rails around regulated custodial stores of value (banks, money markets, stocks and brokers) so you will not be able to withdraw or use your wealth even though you technically can see it. This has begun in the UK and is rolling out towards 2030. Remember just because you can see your bank balance does not mean you can spend it. That is Financial Repression an its a high probability outcome according to the IMF. Hedge now into self custody L1 network stake and Bitcoin. Not ETFs. Not treasury companies. Self custody. Read it -> imf.org/-/media/files/public…

Most people think Bitcoin was invented to make money. Wrong. Bitcoin is money. It was built to solve one specific problem: how do two parties transact without trusting a third party? That's Bitcoin.

This is the most important video we've ever made. Watch it before any government decides your future for you.

I love the beauty of El Salvador. 🇸🇻 Hiking the mountains, visiting the beaches, the beautiful landscapes, brilliant architecture. @nayibbukele has opened a world most would have never seen before.💥💥💥 bitcoin:native

The $100 trillion Zimbabwe note has appreciated 24x more than the US dollar since 2011. You would have been better off saving in a defunct, worthless currency than dollars.

Traditional stores of value, like land, gold, oil, and equities carry a monetary premium beyond their practical use, and the chain of custody for that premium has historically been enforced by militaries, courts, and bloodshed. Bitcoin proposes to transpose that same premium into cyberspace as a digital synthetic commodity (satoshis), so that the defense of wealth shifts from human lives under the rule of law to electricity and open code under proof-of-work. The claim is that replacing the cost of war with the cost of an electricity bill is worth every watt, because monetized wealth no longer has to be secured by killing. This Thanksgiving you should have this discussion with your family to wake them up.

It's insanity to continue putting up with this crap.