PARAGUAY’S BIGGEST BANK FREEZES 3 MILLION ACCOUNTS OVERNIGHT, THIS IS WHY BITCOIN EXISTS! Paraguay’s central bank seized Ueno Bank after its solvency collapsed. The app, cards…
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🚨PARAGUAY’S BIGGEST BANK FREEZES 3 MILLION ACCOUNTS OVERNIGHT, THIS IS WHY BITCOIN EXISTS! Paraguay’s central bank seized Ueno Bank after its solvency collapsed. The app, cards, and transfers were i…
🚨PARAGUAY’S BIGGEST BANK FREEZES 3 MILLION ACCOUNTS OVERNIGHT, THIS IS WHY BITCOIN EXISTS! Paraguay’s central bank seized Ueno Bank after its solvency collapsed. The app, cards, and transfers were instantly shut off for roughly 3 million people, about 60% of the country’s adults. People are in the streets because their own money is locked behind a single institution that can be turned off with one decision. bitcoin:native in self-custody has no central off switch. No one can freeze it, seize it, or lock you out.
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