Post
Topic
Board Bitcoin Discussion
Re: Dont Ask, Dont Tell!
by
btcrich
on 25/01/2015, 04:55:48 UTC
Seems pretty obvious. Another HARSH slap came in the State of Florida :
http://247cryptonews.com/4-years-in-prison-for-bitinstant-exchanger-who-helped-silk-road/

I cant help but scratch my head and wonder,
"when I walk into my bank and see a teller, withdraw hard currency,
  has anyone ever asked what am I going to spend the $ for"

  LOL!
If you suddenly want withdraw money than your normal limit why you think nobody will ask you that question?

Which is why I hate dealing with people. Easier to do a wire transfer. Or withdraw money from an ATM multiple times.

I've had wire transfers blocked pending an explanation from me.  ATM withdrawals typically have daily limits of between 500-2500$.

It's very rare that I need to, but now I make sure to call my account manager before making any larger than usual transaction.