[phil21]

> You can still purchase via ACH and debit.

This isn't strictly true. These same banks have been known to close accounts that are associated with known crypto exchange transactions (coinbase, bitstamp, etc.) - to the point of most recommending you keep these transactions entirely separate and try to avoid them if possible.

I was originally interested in Bitcoin exactly due to this. Money in the bank is not your money, and that was made exceedingly clear to me on a few occasions. That they are corner cases and outliers is irrelevant to me - that's where the system breaks down and you find out exactly how powerless you really are until you're into 8 figure territory.

Basically do anything a bank determines is risky and you more or less forfeit your access to the US banking system.

Large banks actively choose winners and losers and who you can send your money to every single day. Try buying porn on-line with some credit cards for example.

I don't particularly think buying crypto with a credit card is a great idea, but it certainly highlights how much the war on cash and ever increasing centralized banking really has significantly reduced your personal freedom in just a couple decades.