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In a world where #bitcoin exists, it’s now a choice to accept this kind of treatment from a bank. This is set to worsen once CBDCs show up, because there won’t be any cash to withdraw at all. If someone else can tell you what to do with your money is it really your money? Ignore bitcoin at your own peril.

Replies (19)

I’ve had the same experience and other problems with the cba. Reaching my monthly $10,000 limit for buying bitcoin several times was a “good one” 🤣 I’m still with the cba because it would complicate my business to change bank accounts, but i buy my bitcoin through westpac now
↩ replying to Kudzai Kutukwa
I’ve had to go in so get my bank accounts unfrozen. They’re “just trying to protect me from scams”. My answer is “thank you, as a matter of fact, i AM being scammed… BY YOU. You DO know how fractional reserve lending works? Yes? Good. But thank you for your concern” I run a business so i need a small amount of dollars for expenses, but everything else goes to bitcoin. And you can see the gears turning in the bank worker’s head. I tell them to do themselves a favour and look into bitcoin. I love going in to argue. I’ll take them down from the inside hahaha
I tried to withdraw 3k (in the US) a few years ago and was told I had to give a reason. I said "cat litter" and she was not amused. I asked what the limit was before they started asking questions, and the teller said that she couldn't tell me. Then she capped it all off with"it's for your protection."