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As banks close accounts, experts point to immigration crackdown (americanbanker.com)
23 points by petethomas 1 hour ago
6 comments

Banking sucks. It's totally against freedom. Monero is the ideal currency.

There's no politics to who banks censor, it's all "risk management".

Monero is private, secure, and uncensorable. Nobody will ever ask what your using your money for, because they can't.

Good luck getting your grocery store to accept Monero though.
Since when is Chime a bank since their customer service repeatedly told me in no uncertain terms that they are a "spending account" and absolutely not a bank.
On their own "About Us" page:

"ChimeĀ® is a financial technology company, not a bank." eyeroll

These leeches want all the profits of banking and none of the customer service and regulatory obligations.

New rule: if we ask 100 of your customers if they think you're a bank, and the majority say yes, congratulations, you're considered a bank now, because you sure as hell are pretending to be one.

To the remaining clients banks cut the features and decrease the limits "because of fraudsters and thieves". Just like this, no one says a word.
cash is still king
Cashapp is also king on their list
This link is still the blocked, paywalled version of the article.
No? Scroll down the full article is there, I did read it.
surely peter theiil will get right on this debanking crisis.