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Good morning, good afternoon, good evening. Well, first of all, if you're not subscribed, subscribe to the channel and activate the bell to see more. It's the news I talked about yesterday, right? I should have brought it up last night first, Tuesday, for everyone. The authority on the subject is Peter Shift's bank.
The biggest critics of Bitcoin are in these matters of destiny, right? The world doesn't just turn, it flips. Let's talk a little about that. This is a report from Livecoins. However, there's a tweet from him, and yesterday, or rather, the day before yesterday, he was talking about this and complaining.
I made a very good post, but it's very much about taking things away from the person. And he always said, "Sorry," and he always spoke badly of Bitcoin, right? Oh, that Bitcoin has no value, that it has no intrinsic value, and I don't know what, that it goes to zero. His bank went to zero, not even his account.
His bank, you can be a billionaire, the government doesn't want you, you ca n't even buy the bank. Your funds were frozen, you can't buy the bank. It's no use what he said here on Twitter, despite no evidence of crimes. The regulators of Porto My bank was shut down anyway due to liquidity issues, and once a sale was allowed by a highly qualified buyer promising to inject capital far beyond the minimum regulated amount, the result was that accounts were frozen and clients could lose money, which is worse than the guy losing money, the clients.
It has nothing to do with the peanut brittle. If he did something wrong, you have to remember the following: rich, millionaire people in the fiat world aren't going to speak well of Bitcoin. Banks are only there to make money; everyone is only there to make money. We only believe in technology because of the technology, not 100% for the money, at least I'm not 100% for the money anymore.
And if freedom is emphasized, this report here on the side of coins, look what they say, Shift argues that he only spent the bank's money, having to invest 7 million dollars to cover expenses that, according to him, were caused by negative articles in the press that drove away potential clients. We're dealing with this, with articles from people who don't know the technology and are speaking ill of Bitcoin, man.
What if it were a message like, "Be careful," like saying, "Any money for booze, not for children's milk, don't go all in." No, she said, "Go to zero," and I don't know what, it's not currency or anything. And look, a fish dies by its mouth. And then authorities in Puerto Rico suspended the activities of Euro Pacific International Bank on Thursday.
The bank was founded in 2017 by the biggest critic of Bitcoin and defender of gold, Peter Shift. According to information, the closure of the bank would be related to an ongoing investigation into money laundering through social networks. Shift defended himself against the accusations and stated that he is trying to resolve the case.
However, the Bitcoin community took advantage to make fun of him. Where did he speak well, despite the crimes where people used... He said that with Bitcoin, the money should truly be his, that he should be able to access it whenever he wanted, but that's not the case. And you know what's funny? His son buys Bitcoin, and he doesn't.
His son even said, "I buy Bitcoin," and so on. We're talking here about everything that's happening: the money in the bank, the money that's in the possession of others, is n't yours. It doesn't matter if you left cryptocurrencies with others; it's not yours. Obviously, anyone who started already knows this.
He left it with a broker. We're having events now that are the same ones that have been happening. In 2019, the collapse took Bitcoin, the bank took it. Oh, okay, the guys were simply investing in other things and didn't have cryptocurrencies. But besides, this bank, you see, the guy is a millionaire, a multimillionaire, a billionaire.
If the government wants, son, it's no use, your billions are worthless if you can't use them. So there's a currency you can use anytime, any time of day, any time of night, without asking permission. That's the difference between Bitcoin and other cryptocurrencies. Other cryptocurrencies have a body behind them; there was a Foundation, something.
Whatever Bitcoin is, it's not the users, it's ordinary people, and Otário has already passed the test, right? Bitcoin, because before, nobody used it, only criminals used it, no big company used it, no country used it, now the discourse has changed, before, no big company, only small companies, now it 's big companies, only small countries.
Look how the discourse is changing over time, well, that's it, have a good Wednesday. I 'll still talk about the Barnes thing, blocking the funds there, and you're able to deposit but not withdraw, look how crazy that is, but as soon as it comes back, I think it will come back, I'll bring it here to the channel.
It's Peter Shift, if you had listened to Bitcoin, you wouldn't be in this situation, man. It doesn't matter, you can be in the bank, who's in charge if you don't have connections, a government or anything. I'm reading a meme I left here yesterday, look, the United States, and a large reserve was discovered, and Uganda, right?
And then on my way to save Ghana from terrorism, anyway, but it's not all that value, right? That's beside the point, we have very good memes these days, as I said, Peter, now you're going to... It's practical to know that this is the problem, and even now, that's not the issue. Look at all the problems that will affect clients who have nothing to do with it.
The guy opened an account there, did everything legally, and then, due to government issues, the government, I don't know what, blocked his account, even though he's an enemy of Bitcoin. The clients have nothing to do with it; they need to recover their funds. Well, have a good Wednesday, I'll be back next week, you know?
I'm already crazy, have a good Tuesday. I hope you enjoyed this video. Leave your comments. Peter Shift. Hey Peter Shift, how's it going? Did you like this video? Give it a thumbs up, subscribe to the channel, activate the bell. Taxi driver, as you said, peace, conversation.
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