When even Owners of Banks get De-banked, you know it's time to invest in Bitcoin and Crypto

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(Edited)

Recently Peter Schiff's Bank has been shut down by Puerto Rico regulators for net capital issues and was accused of facilitating tax evasion and money laundering according to him, I was to feel sad for him despite the fact that he has been putting in too much effort trolling and trashing Bitcoin and Crypto on social media every single opportunity he get trying to or creating FUD (Fear, Uncertainty and Doubt) in the market forcing people to close their trades and sell off their coins at a very huge loss, because of what he has been say about Bitcoin, Bitcoin holders and the crypto industry but I only feel for his customers who kept their money in his bank, who can not or might ever have access their money saved in his bank anymore.

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Peter Schiff has a thousand and one times predicted that Bitcoin is going to zero and that it is worthless and that the $20k or $10k level would be the last chance for crypto investors and HODLers to take their money in loss, before Bitcoin goes to zero, funny how today he is the one on the receiving end of his prediction for Bitcoin to go to zero or shut down as it is his bank in Puerto Rico that has been shut down and I don't know how true it is but a report I read said his bank accounts were closed or frozen too, if that is true or not I bet right now deep down in his mind he would be wishing he invested in Bitcoin and bought the dip not putting all his energy trolling Bitcoin and Crypto, because Bitcoin can't be controlled by anyone mostly if you have your own ledger or Cold wallet, your keys your coin and your money that can't be touched or controlled by the government or anyone.

Peter Schiff's Tweets Complaining That He Did Nothing Wrong:

Despite no evidence of crimes, Puerto Rico regulators closed my bank anyway for net capital issues, rather than allow a sale to a highly qualified buyer promising to inject capital far in excess of regulatory minimums. As a result accounts are frozen and customers may lose money.

Here's another headline you won't read. Peter Schiff's bank falsely accused by the media of facilitating tax evasion and money laundering is being closed, because even though it's innocent, it's premature conviction by the media ruined its reputation and crippled it financially.

if owners of banks can get de-banked, then you know it is time to invest in Bitcoin and Crypto.

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Yeah I agree with you. The Puerto Rico Financial Institutions Commission has shut down Peter Schiff's bank, Euro Pacific Bank. The bank was closed due to "unsafe and unsound banking practices." This is a blow to Schiff, who has been a vocal critic of the Puerto Rican government.

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