The Exits Are Closing Bitcoin University Matthew Kratter
The government herding people into the ETF
https://www.youtube.com/watch?v=NCOpYKAZ5tw
In this video, I discuss how the Nigerian government and central bank have increasingly sought to prevent Nigerians from escaping from the naira into Bitcoin.
In addition to blaming “speculators” and “crypto investors” for the naira’s collapse (which can be attributed rather to Nigerian central bank money printing), the Nigerian government is now seeking to prevent p2p Bitcoin transactions, which is clearly impossible.
We can expect something similar to happen in the US, as the US dollar continues to lose purchasing power and people seek to exit the fiat system into Bitcoin.
Holding a spot Bitcoin ETF or leaving your BTC on an exchange will not provide the same protections against monetary debasement and confiscation.
For this reason, it is very important to buy real BTC and hold it on a hardware wallet.
Learn to use the tools today, before the exits have been completely closed.
Not investment advice! Consult a financial advisor.
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An old #Bitcoin wallet from 2011 just moved $44 Million worth of BTC. The owner of the wallet hodled all the way from $2 to $65000.
What a legend!