Post
Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
tvbcof
on 08/10/2013, 05:28:00 UTC
I Just got a >90000 CAD swift withdrawl fram Sept. 9 although it was less
that 90000 because i paid the 5% emergency fee.
Everything seems good with Gox.

So currencies other than USD seem OK if you pay 5%, which is not that unreasonable if there is a conversion with JPY involved, since currency conversion spreads can be around 3 or 4%. Shame I wanted USD and that still seems to still be a problem. I will return to Gox only when they resolve the USD withdrawal issue.

I'm thinking that perhaps 'resolving the USD withdrawal issue' is not something that Mt. Gox has the ability or really the responsibility to do.  If our government and banking system's are creating road-blocks, it's up to USD users in our supposed democracy to rectify.  I've don'e nothing illegal and Bitcoin itself is not illegal so I am being unfairly harmed by whatever roadblocks are being erected either by my government who supposedly works for me, or the banks that I willingly choose to do business with.

My rational for believing that Mt. Gox is mostly not to blame here is that it makes no sense that they would not be very anxious to get over the USD problem.  Why on earth would they want to lose money and customers in this mess?  The only reason I could see for it is that they plan to abscond with funds, but there are arguments against believing this to be the case and Karpeles has proven reliable at other times when he could have stolen everything.

Anyway, if Mt. Gox is reading this, at least one person would like to attempt to push on the string from the other end.  I'd be happy to contact my congress person who happens to be no friend of the banking industry.  I also would be happy to harass my bank if an international wire has been rejected by them.  All I need is information on what's going on.