Thread

So I just got DEBANKED FOR THE FIRST TIME IN MY LIFE πŸ₯² They asked me to re-KYC my account, after using it for 3yrs. Then 2hrs later, they send me THIS email. "Sorry we can't give you banking services, and we can't tell you why." Husband sent money there to pay our rent, and now they're telling me they can't send the money to my Brazilian account (even though I've been doing that for months). So no account AND they're holding the money hostage 🀑 Thank GOD my savings are in Bitcoin. It's times like this you realise how crazy this world is. image

Replies (60)

↩ replying to npub1n7yl...kz34
When they unbanked me, they didn't ask about bitcoin. They only wanted to know why I had more than 100 incoming transactions with amounts all over the place. I was market maker at localbitcoins at the time and that's what I told them. Four days later my cards stopped working and when I went to the bank, they told me I had no account with them. Only after asking higher ups did they find that there was a check I could deposit to any other bank account with my remaining funds.
The money has to be in a bank to pay certain bills. Without access to that cash, how does a person pay those bills? They could essentially be evicted, get fired (because they can't get to work), have judgements placed against them (for getting behind on child support), and more. How does someone still pay their normal day-to-day bills when their money is locked up?
Please read my latest post about anonymity on the internet:
How to Use the Internet Anonymously – PrivacyAndSafety
 Bitte lesen Sie meinen neuesten Beitrag ΓΌber AnonymitΓ€t im Internet:
So nutzen Sie das Internet anonym – PrivacyAndSafety
 Veuillez lire mon dernier article sur l'anonymat sur Internet:
Comment utiliser Internet de maniΓ¨re anonyme – PrivacyAndSafety
 Lea mi ΓΊltima publicaciΓ³n sobre el anonimato en Internet:
CΓ³mo usar Internet de forma anΓ³nima – PrivacyAndSafety
 Isso Γ© para meus amigos brasileiros quando vocΓͺ foi trancado. Leia meu ΓΊltimo post sobre anonimato na internet:
Como usar a Internet de forma anΓ΄nima – PrivacyAndSafety
Keep only so much money in the bank you are willing to lose...
Paloma Maria 's avatar Paloma Maria
So I just got DEBANKED FOR THE FIRST TIME IN MY LIFE πŸ₯² They asked me to re-KYC my account, after using it for 3yrs. Then 2hrs later, they send me THIS email. "Sorry we can't give you banking services, and we can't tell you why." Husband sent money there to pay our rent, and now they're telling me they can't send the money to my Brazilian account (even though I've been doing that for months). So no account AND they're holding the money hostage 🀑 Thank GOD my savings are in Bitcoin. It's times like this you realise how crazy this world is. image
View quoted note →
This πŸ‘‡ This is why we #Bitcoin and #nostr #freedom #censorship
Paloma Maria 's avatar Paloma Maria
So I just got DEBANKED FOR THE FIRST TIME IN MY LIFE πŸ₯² They asked me to re-KYC my account, after using it for 3yrs. Then 2hrs later, they send me THIS email. "Sorry we can't give you banking services, and we can't tell you why." Husband sent money there to pay our rent, and now they're telling me they can't send the money to my Brazilian account (even though I've been doing that for months). So no account AND they're holding the money hostage 🀑 Thank GOD my savings are in Bitcoin. It's times like this you realise how crazy this world is. image
View quoted note →
Good luck retrieving funds. I think most people erroneously blame the banks. I had a really good bank once called Jyske. Damn good service. One day, i get a call saying they need to close my account and could i please move my funds within 3 months. When i asked why, they said that the sheer amount of bureaucracy imposed by CRS (european equivalent of FATCA) was costing the bank so much they couldnt make a profit. If we keep blaming banks for government regulations, noone will ever realise the true source of this issue
Una locura, increΓ­ble como esta normalizado no ser dueΓ±o del fruto de nuestro trabajo πŸ˜‘ que bueno que tengas tus ahorros en #bitcoin La soberanΓ­a y consiguiente tranquilidad que nos da #bitcoin es extrema. Nos abre una ventana a una vida sin precedentes, cualquier cosa que escriba se queda chica, Β‘gracias Satoshi! 🫑
Β‘Gracias #bitcoin por existir y a todos quienes lo hacen posible!
Paloma Maria 's avatar Paloma Maria
So I just got DEBANKED FOR THE FIRST TIME IN MY LIFE πŸ₯² They asked me to re-KYC my account, after using it for 3yrs. Then 2hrs later, they send me THIS email. "Sorry we can't give you banking services, and we can't tell you why." Husband sent money there to pay our rent, and now they're telling me they can't send the money to my Brazilian account (even though I've been doing that for months). So no account AND they're holding the money hostage 🀑 Thank GOD my savings are in Bitcoin. It's times like this you realise how crazy this world is. image
View quoted note →