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sms / Seth Michael Steele
npub14ev…lrc7
2023-07-16 23:23:20

sms on Nostr: Some banks seem to be restricting accounts linked to #Bitcoin transactions, almost as ...

Some banks seem to be restricting accounts linked to #Bitcoin transactions, almost as if they feel threatened. But we've overcome price suppression before, and if my bank account were to be closed, I'd transition fully to #BTC. It might initially be inconvenient, but there are apps that convert checks to #Bitcoin and simplify fiat conversions with gift cards. With effort, I believe using only #BTC could become more convenient and beneficial.

I only keep enough money in my bank to cover taxes and bills. I feel uneasy with more than that. It's ironic that banks won't trust me with a negative balance, yet they expect forgiveness when they require massive taxpayer bailouts, offering no return on investment. How many times has #Bitcoin needed a bailout?

The question is, are you ready to become your own bank? Are you prepared for the day when you might have no other choice?
Author Public Key
npub14evvr7lp03jf48zl9dy84g2jqqaem0zreyw8ssr8djmzfg9el0dsntlrc7