Quote from: bitserve on January 31, 2020, 01:22:07 AM

Quote from: Ibian on January 31, 2020, 12:27:56 AM

Quote from: julian071 on January 30, 2020, 10:16:50 PM

Well, talked to the bank today about "selling the house for bitcoin", or to be more precise to take out a second mortgage, restructure my debts and "get some liquidity" as they put it. Good talk, and it's all settled. I'll be paying a llittle less each month, will have a substantial amount to invest in btc put in my account, and will also have a fixed interest rate for 20 years. Good times.

Of course they asked about what I wanted to the with "the liquidity", so i said I was looking to have some cash ready for when this whole cardhouse comes tumbling down, and invest in btc. That was a good enough explanation for them.

Nice bank. Crazy system. 1.7%.

My bank kicked me out simply for having bitcoins. They demanded information about whatever transactions I make. Obviously I told them to fuck off, and that was that.

Had I gone along with it, they would eventually have pushed for more. Access to monitor my wallets, maybe eventually direct access to them or demanding that they hold them in custody. Be careful.

They didn't kick you "simply for having" Bitcoins, which is surely not their fucking business.

You were using *THEIR* (lol) bank account to run something similar to an unlicensed money exchange business... without even being a business. And continued doing so after they warned you.

You were lucky they didn't report you lol

"Banking" FIAT (and even cash in some instances) has strict rules on what you can and what you can't do. If you are gonna use, at least try to not mix it with REAL MONEY or they will get angry and suspicious about you.

Yes and no. I did some private trading with other individuals. Which, as you say, is none of their fucking business. All transactions having to do with them was to and from Kraken, which is perfectly legal. And they never actually gave me a reason for why I was kicked. All I have to go by is their actions.