The TRUTH about Bank Privacy

Financial privacy has practically vanished over the last 50 years. Most people are in denial about it, and still believe that their relationship with their bank or their credit union is confidential -- the reality couldn’t be further from that.

In this video we walk you through the history of how financial privacy slowly disappeared, and how we built a gargantuan financial surveillance system that no one really understands the extent of.

00:00 Financial Privacy is an Illusion
02:14 Pre-1970
03:23 Bank Secrecy Act
08:02 Annunzio-Wylie AML Act
10:38 Patriot Act
12:51 $600 Rule
16:17 The Future Ahead
18:24 Is This the World We Want?
19:46 FLOOF

We have slowly built a sprawling system of unchecked financial surveillance, and it’s time to question whether this is the world we want to live in. The first step is just making people aware of how far financial surveillance norms have shifted in just a few decades.

Special Thanks to Nicholas Anthony of the Cato Institute for sharing his expertise with us!

Brought to you by NBTV team members: Lee Rennie, Cube Boy, Sam Ettaro, Will Sandoval and Naomi Brockwell

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Our eBook "Beginner's Introduction To Privacy:
https://amzn.to/3WDSfku

Beware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.

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Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Beginner's Introduction To Privacy - Naomi Brockwell
https://amzn.to/3WDSfku

Permanent Record - Edward Snowden
https://amzn.to/305negc

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Extreme Privacy - Michael Bazzel (The best privacy book I've ever read)
https://amzn.to/3BLZ1gq
Digital version: https://inteltechniques.com/book7.html (non affiliate link)

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
https://amzn.to/2UQmJ4m

Some of my favorite products to help protect your privacy!

Brave browser: https://brave.com/nao076

Faraday bag (signal stopping, to protect your fob, credit card, computer, and phone)
https://amzn.to/3z02UiF

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Camera tape (electrical tape is the best tape for covering phone and computer cameras)
https://amzn.to/3Xn8xBn

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Privacy Screens (use your phone and computer in public? Keep your information safe!)

Computer: (Search for the size right for your computer)
MacBook Air 13" https://amzn.to/3VQvpZ7
HP/Dell/Acer/Asus/Lenovo 15.6" https://amzn.to/3KK1Oda
Lenovo Thinkpad/HP Elitebook/Dell 14" https://amzn.to/4enT2zq

Phone: (Search for the size for your phone, decide whether you want glass or plastic!)
Galaxy s24 - https://amzn.to/3VGgb8H
iPhone 15 - https://amzn.to/45vCd1h
Pixel 8 - https://amzn.to/3KFDuJF