Post
Topic
Board Bitcoin Discussion
Topic OP
UK bitcoin users/ business owners - Please read this
by
James-Cryptonomics
on 28/02/2014, 00:05:13 UTC
Hello all,

Its not often that I get annoyed. I pride myself on staying cool, calm and collective - and taking things in my stride. However today after being told yet again by a UK bank that they could not facilitate my business (trading bitcoins) I found myself becoming irritated and quite frankly pissed off.

I am fed up with UK banks declining me for a business account for my trading business. I was wondering if anyone else has been met by the same firewall? I don't understand why a UK company, in a free and democratic society, should not be allowed to conduct business in the order they see fit - as long as no EXISTING legislation prohibits these practices.

The total irony is that my business ran smooth as a nut until I made one fatal mistake - attempting to take my company down the appropriate legal path. Even though I do have some anti-establishment tendencies, I believe in being a good citizen and paying my dues.

UK banks firewall on anything bitcoin related is not only morally reprehensible and totally wrong - but it stiffing my country from competing in a new and exciting technology.

This is the straw that broke this camels back.

I personally now would like to fight this battle further, and would be extremely interested to hear from others who would like to participate in this undertaking. I'm not asking for much. More communication from bitcoin related businesses operating in the UK and the wider UK community, a few signatures on letters here and there, maybe a little guidance from people who feel competent enough to give.  

Enough is enough people, time to start demanding answers on the UK's stance on bitcoin.