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.
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I no longer have a regular bank account.
Where Gresham's law gets it wrong is that the denomination isn't set by the buyer, it's set by the seller. We need to ask to be paid in BTC.
That’s what will get the dam to break, being paid in BTC
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."
“For your protection” 🤡🤡 protecting you from what exactly?
"No, it's for your protection. Since you're the ones running a fractional reserve ponzi scheme."
Not your keys, not your coins, girl.
But there's a better way.
You can say that again!
Its crazy that Banks limit and over reach this hard. Also shows they desperately need your money more than you do 😂 #opt-out
They have to protect the serfs from themselves apparently