Hacker News new | ask | show | jobs
by ilikehurdles 2093 days ago
You're not entitled to Square or Visa or Paypal or Mastercard payments. If you're reduced to cryptocurrency and cash, it is what is is. Profiting from your speech in one specific way over another is not enshrined in some code of human rights.
2 comments

I think "ability to make a payment online" should be in the same category as utilities. Someone having to go cash-only is just as bad as if the power and telephone companies refuse to sell you service. It kind of is a "basic needs" problem.
What if you get a letter from the bank telling you to withdraw all your money and cough up the value of the mortgage in a week or be evicted?
Anyone who would sign a contract that would give a bank that level of free reign over the terms of your mortgage is a pretty big fool.
Pretty much all personal bank accounts have a unilateral termination clause. I would be surprised to see a mortgage where the bank can't totally wreck you if they feel like it.

Anyhow, you still need a bank account to get paid. If you can only work jobs that pay you in cash and don't need any access to bank accounts or the Internet themselves, that rules out 99% of businesses that could employ you.

That is about changing an agreement. The bank can fire you as a customer, pursuant to the existing agreement, usually without specifying a reason. This has happened in the past.
Of course they can fire you. They cannot force you to pay up your full mortgage tomorrow or be evicted.