@thoughtcrimeboss

Anytime you give a third party such as a bank control over your wealth, you are taking a risk. "Oh but FDIC insures my bank account" Let me ask you, do you trust the government? In Cyprus in 2013, the government decided to freeze bank accounts and seize deposits to recapitalize failing banks. If you had over 100k in Euros sitting in a bank account, you had almost half of your money stolen from you. In the United States in 1933, the government made non jewelry gold such as coins or gold bars illegal. Those citizens who complied were forced to sell their gold to the Federal Reserve at $20.67 an ounce. After the seizures, they revalued the gold to $35 an ounce, stealing a massive amount of wealth from citizens to fund the New Deal. In Canada in 2022, the government invoked the Emergencies Act during the trucker protests in order to freeze the bank accounts of anyone who supported the protests without any need for a court order. This included both active protesters and those who had just donated to the protesters crowdfunding campaign. The Canadian government was sending a message, comply or good luck feeding yourself or your family without access to your own money. In Argentina in 2008, the government nationalized 30 billion in private pension funds to pay off debt while telling citizens it was to protect them from the Global Financial Crisis. (Pro tip: Anytime the government says it's doing something to protect you, it's usually lying) In Poland in 2014, the Government paid down the national debt by stealing half of the assets from private pensions, money that the citizens had worked hard to save. Money in a bank, brokerage account, retirement fund, or centralized crypto exchange is money at risk for seizure by the state. Build your wealth outside of the system. Stockpile Monero, non kyced Bitcoin, other cryptocurrencies, gold, silver, cash, and bartering items (anything that retains value). I gave up my bank account more than a decade ago, but you can keep yours if you feel you need to, just start moving at least some of your money to sovereign assets that you have full custody of. Monero is an ideal asset for this because it is private by default. It's much easier to keep your loot if no one knows it exists in the first place. You can also use Monero to acquire other assets privately, so that noone knows you bought them except the seller. If you are trying to keep your money secure outside of the system, you need to take steps to protect your privacy. Don't be buying gold bars with a debit card under your name, or stacking Bitcoin on a KYCed exchange. Doing things like that in our data leak prone world can put you at risk to be targetted by criminals. Taking control and custody of your own money is a big responsibility, for example nobody is going to be able to help you if you lose your seed phrase. The trade offs are worth it though, especially in 2026 when the world is becoming increasingly volatile. You can't predict the future but you can certainly prepare for potentialities. Follow me and subscribe to my free newsletter, the Thought Crime Trap House if you want to learn more about protecting your privacy and building and protecting wealth outside of the system. Link is in my bio.

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