I am really hoping it is actually a Halloween joke. But if this is for real, and looking at the fees, that is pretty typical of banks. It is actually absurd to even see some people seeing this as a great innovation and then probably there is every chance that the banks already know that there are some people who do not actually understand any concept at all.

Banking will always be banking and as far as I am concerned, it is something I have made my decision to not see as anything I even want to have much to do with in the long run. Right now, it is basically because I don't see any means to do so yet, but as time goes on and I get to see bitcoin being used in real life or cryptocurrency attaining some height of usefulness in the real world, banks will suck to me. Like jseverson said, it actually does not make any sense, when I can be my own bank.