00:00 Speaker A
The next story though, is that your bank account
00:03 Speaker A
now comes with a monthly crypto allowance. Check this out. This is in Australia, which is a real place.
00:09 Speaker A
Westpack set to $10,000 monthly crypto payment cap from December. Can you imagine?
00:15 Speaker A
This is one of the biggest banks in Australia, which is a real place.
00:21 Speaker A
Um that's telling you that you can only send 10,000 bucks
00:25 Speaker A
a month to a crypto exchange.
00:27 Speaker A
10,000 bucks. What is this uh trading budget for ants?
00:31 Speaker A
Send $10,000. The good news,
00:35 Speaker A
you can you can take back as much as you want.
00:40 Speaker A
So the bank will only let you send a little bit out because they want to keep the money, but you can send as much back to the bank as you want. So the good news is when you turn that $10,000 inevitably into a million dollars overnight trading Trump themed meme coins,
00:52 Speaker A
you can redeposit that money right back into Westpack. I think this is absolutely absurd. Like who wants a bank
00:59 Speaker A
that tells them what they can do with their own money, right?
01:02 Speaker A
Like, who cares? Like, is this bank going to stop you from taking out $10,000 or $20,000 and buying lottery tickets or taking it to Vegas or whatever the Vegas equivalent is in Australia?
01:13 Speaker A
Do you guys have a Vegas in Australia?
01:15 Speaker A
Do you gamble? Is Australia real?
01:19 Speaker A
Questions that I have on a morning where I'm tired because I went to the World Series last night.
01:24 Speaker A
Yeah, but this is an absolutely absurd that a bank should be able to tell you what you can do with your money, where you can send it and how much of it you can do. I would immediately if I was a crypto person, I would boycott that bank.
01:34 Speaker A
which is in Australia.
01:37 Speaker A
It's a real country.
01:39 Speaker A
West Pack is it's also a continent.
01:42 Speaker A
West Pack is restricting payments to exchanges here.
