TheGrinder on Nostr: One word #SEPA. When Banks believe that they're somehow your legal guardian rather ...

One word #SEPA. When Banks believe that they're somehow your legal guardian rather than "just" a service provider.

quoting nevent1q…nwth

Why is it so hard to move your own money?

Have you ever tried to withdraw or transfer $10,000 (or the equivalent in euros) from your bank in France? If so, you’ve probably realized it’s not as simple as you’d expect.

First, you need to justify the origin of the funds. Even though it’s your own money, the bank will ask where you got it, why you're transferring it, and to whom. Then come the delays—your transfer might be blocked for several days or even refused without explanation. And let’s not forget the fees, which can be outrageous, especially for international transfers.

But the worst part? If your transaction is deemed “suspicious,” it can be reported to Tracfin, the financial watchdog. At that point, your funds could be frozen, your account investigated, and in some cases, even shut down without warning.

Ask yourself: who really controls your money?

This is where Bitcoin changes everything.

With Bitcoin, there’s no need to ask for permission. You can send or receive any amount, to anyone, without intermediaries, without justification, and without censorship. No matter where you are in the world, your transaction is confirmed within minutes, often with much lower fees than banks.

In a world where financial institutions are becoming increasingly restrictive and intrusive, Bitcoin offers a free, open, and censorship-resistant alternative.

So the real question is no longer "Why use Bitcoin?", but rather "Why keep depending on banks?"

#BitcoinFixesThis