This Would Be Illegal… (Unless You’re a Bank)

This Would Be Illegal… (Unless You’re a Bank)

You’re not going to believe what banks are legally allowed to do with your money, cuz if anyone else tried this, they’d be in jail.In this video, I walk you through a financial system that looks like a scam… but is completely legal, because the people running it wrote the rules. At first, it might sound like I’m talking about a shady crypto exchange — customer funds re-lent out, leveraged bets, no permission, no consent, no accountability. But I’m not talking about crypto at all.I’m talking about your bank.Fractional reserve banking is often treated like a boring economics term, but once you see what it actually means — and how it affects your savings, your purchasing power, and the very money you use — it starts to look like the biggest financial fraud of the last 100 years.And the craziest part? They don’t even hide it.It’s just been normalized.If you’re rethinking the system right now, there is an alternative. That’s where Bitcoin comes in.00:00 - This sounds like a crypto scam…00:33 - But it’s not illegal. It’s your bank.01:05 - The biggest scam hiding in plain sight01:40 - How fractional reserve banking works02:45 - Where your money actually goes03:33 - What causes bank runs04:10 - Why FDIC insurance is a confidence game05:00 - Banks vs FTX: what’s the real difference?06:05 - The hidden cost of bailouts06:40 - The scam behind the modern monetary system07:27 - 1971: When it all changed08:00 - The system isn’t broken — it’s rigged08:25 - What makes Bitcoin different09:10 - If this is fraud… we’ve been scammed since birth09:30 - Final thoughts + call to actionValue 4 Value: If you enjoyed this content feel free to zap me some sats via the lightning network: MFTAB@coinos.io or https://coinos.io/mftabNYKNYC. Buy Bitcoin and withdraw to self custody with Bitcoin Well. Use my referral link for a chance to win free sats: https://bitcoinwell.com/referral/mftabFollow MFTAB: @MFTAB https://x.com/thesatdaddyprimal.net/mftabhttps://www.tiktok.com/@thesatdaddyhttps://open.spotify.com/show/4b58uoQo9Xl7RsbsbbAqAhhttps://podcasts.apple.com/us/podcast/my-favorite-thing-about-bitcoin/id1788973938http://fountain.fm/show/YqXJoHuG6qYRBmDW1k37

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(192)

I Asked a Hardware Wallet Engineer About the Coldcard Hack

I Asked a Hardware Wallet Engineer About the Coldcard Hack

Last week a major hardware wallet failure shook the Bitcoin world. I sat down with BitBox embedded engineer Niklas Dusenlund to break down exactly what happened with the Coldcard vulnerability, why it...

13 Aug 38min

Jeff Booth on BIP-110

Jeff Booth on BIP-110

This is an excerpt from my recent interview with Jeff Booth, discussing BIP-110🟠 Stack smarter with the Sat Stacker app (first month free): https://satstacker.app/satstacker📊 Strike referral — fees ...

7 Aug 11min

Bitcoin’s Biggest Test Is Still Ahead | Jeff Booth on BIP-110, Bitcoin Treasury Companies, AI, & more

Bitcoin’s Biggest Test Is Still Ahead | Jeff Booth on BIP-110, Bitcoin Treasury Companies, AI, & more

Jeff Booth joined me to discuss some of the biggest tests Bitcoin is facing. Bitcoin Core vs. Knots, BIP-110, treasury companies, self-custody, AI, and why Jeff believes the rules of the game have com...

6 Aug 58min

Massive Bitcoin Hardware Wallet Bug Disaster Update (URGENT COLDCARD USER ALERT)

Massive Bitcoin Hardware Wallet Bug Disaster Update (URGENT COLDCARD USER ALERT)

A critical vulnerability has been discovered affecting certain Coldcard-generated seed phrases, and over 1,000 BTC has reportedly already been stolen.In this video, I explain what happened, who may be...

1 Aug 10min

What Investing Gurus Won’t Tell You (But I Will)

What Investing Gurus Won’t Tell You (But I Will)

The investing industry has a secret. We’ve been taught that becoming a better investor means consuming more information: more charts, more research, more predictions, more trades. But decades of data ...

27 Juli 10min

Bitcoiners Keep Killing Their Returns — History Explains Why

Bitcoiners Keep Killing Their Returns — History Explains Why

Most people think the biggest risk in Bitcoin is buying at the wrong time.History suggests it’s something else entirely.In this video, I break down one of the most shocking pieces of Bitcoin data I’ve...

23 Juli 8min

Bitcoin’s Bull Market Is Waiting On One Thing

Bitcoin’s Bull Market Is Waiting On One Thing

What if Bitcoin’s bull market never died? It just got delayed.After digging through the data, I think I found the real reason Bitcoin has underperformed, and it has less to do with Bitcoin than most p...

20 Juli 11min

Crypto Is Dead. Long Live Bitcoin.

Crypto Is Dead. Long Live Bitcoin.

Crypto is dead. And it's the best thing that could’ve happened to Bitcoin.For 15 years, Bitcoin has been unfairly lumped together with rug pulls, meme coins, celebrity scams, and VC pump-and-dump toke...

16 Juli 8min

Populärt inom Teknik

uppgang-och-fall
market-makers
rss-elektrikerpodden
rss-laddstationen-med-elbilen-i-sverige
skogsforum-podcast
 och-bilen-gar-bra
rss-en-ai-till-kaffet
rss-uppgang-och-fall
bli-saker-podden
rss-technokratin
hej-bruksbil
bilar-med-sladd
gubbar-som-tjotar-om-bilar
rss-veckans-ai
under-femton
klocksnack-tillsammans-med-nymans-ur-1851
rss-milpodden
bosse-bildoktorn-och-hasse-p
elbilsveckan
natets-morka-sida