✅ On the liquidation of US banks…
✅ On the liquidation of US banks 10/03/2023 - This video is worth reviewing:
How the increased use of the Fed's Discount Window (a central bank tool used, only, ultimately by the financial sector) was growing since late last year.
The main thesis was that small banks were suffering unrealized losses in their securities portfolios - just as in the case of Silicon Valley Bank - and that this was forcing them to use the Discount Window as a last resort.
In short: Root Causes of these foundation failures of Ballastless Trust Cash (
Research and compare assets (stocks, fixed income, etc) with Bitcoin's past 10-year history, already discounting local currency inflation + dollar inflation.
✅ Today's Lesson! Reinforce the #Bitcoin maxim
"Not your keys, Not your bitcoins".
"Not your keys. Not your bitcoins."
In other words, Cash/BTC at the bank or brokerages is no longer yours. It is just a promissory note that the bank/brokerage owes you back.
The owner of the Bitcoins is the one who holds the private key.
If you left it at the broker or third party you have a colored paper in your hand, called synthetic (BTC FAKE).
Therefore, NEVER outsource your money/BTC.
Learn how to acquire True #BTC and withdraw, correctly, to your cold private wallet.
See Here
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