The First Massive Change To Banking in 100 Years | What You Must Do Now – YouTube

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Something big happened this week, The First Massive Change To Banking in 100 Years just happened, a massive shift in the banking system and the implications are huge. In this video, I will break down what these changes are, what this means and if you move now, you have a chance to profit from this move before the rest of the world catches on, so stay tuned The banking system as we know it has been in existence for hundreds of years With the creating of the Bank of England in 1963 and the Federal Reserve in the US in 1913 most people just take the banking system for granted and most fail to understand how it even works ________________________________________________________________________________

But this all changed this week, as we saw for the first time the biggest change in banking since it’s inception and while this shift might seem subtle for some the ripple effects caused by this small shift will transform the entire banking system, for the better! Let’s dig into what has happened, When the US was first being founded and the banking system was being formed there were hundreds of banks popping up all the time and then going bust shortly thereafter the reason these banks would go bust is that they would loan out depositors money often times making bad loans, and then when the depositors wanted to get their money back the bank didn’t have the funds and then would go bust, leaving the depositors broke. The Fed Reserve was created in 1913 partly to help solve this problem by “backstopping” these banks so they wouldn’t go bust and the depositors didn’t lose their money and then eventually in 1933, FDIC insurance popped up to insure banking deposits for their customers now before you start lighting up the comments, YES, i have read the book the Creature from Jekyll Island yes I understand what the Fed is really doing, if your new to the channel, scroll through the feed and see the 100 or so videos I have talking about their nefarious and dangerous policies but that’s not the purpose of this video The dollar has lost over 95% of it’s purchasing power since the Fed came to power This endless debasement of the currency is theft, stealing your purchasing power which is why i am such a huge proponent of Bitcoin, finally, we have a digitally scarce asset, that is decentralized so it cannot be controlled and manipulated and over the last 11 years, it’s grown it’s user base, its security, and its value has continued to increase, making it the best performing asset over the last 11, 10, 9, years. Another huge development especially over other Bitcoin and Crypto exchanges is what we call proof of funds. If you have your bitcoin or crypto on other exchanges like Coinbase, Bitfenix, Binance or wherever you have no proof, they actually have your coins their policies allow them to loan your assets out to other people there is no transparency here, you have no idea but with Kraken, they are fully transparent, audited, and verified by the US banking system so you rest assured your funds are there and safe.

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