Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Quick update on my bank situation. They booted me.

No real reason given. They demanded insight into my bitcoin transactions, I told them they get nothing bitcoin related, done.

This happened a mere few days before I'm going on a global tour, starting with asia, then eastern europe and finally south america. No big. I can buy plane tickets directly with btc, my only bills are my cellie which my family can handle from their accounts, there is the occasional btc atm around the world... it will be interesting to see how well it works to be bankless.

Presumably they will write you a cheque totalling your account balances so you can cash it when you get a new bank?

Asking for future reference.

For the moment I have simply moved my money to a family account. I don't intend to actually use that account for anything more than simply storing my money, but it is there as an extra emergency backup if needed. This is ideally a temporary measure. I have not looked for a new bank and do not intend to.

Are you planning on going fully bitcoin (aka crypto-stealth-mode)?

Forget the stealth bit, my shit is fully legal and as such there is nothing to hide. I simply do not like meddling middlemen who overstep their actual authority. But, yes, so far as possible purely bitcoin.

On a side note, the leadership in my now former bank has changed recently. The new heads do not have more than a year of experience in the banking world. It might just be a good thing that I got out now, rather than years down the road.

Of course your shit is legal. What I meant with stealth is that you are not giving any bank any means of tracking you and what you buy. (And possibly the government).