Banks and My Tale of Two Bitcoin Holders.

I have been a BTC holder for almost a decade now, and I’ve done all the usual things that we do. I bought and sold and converted Bitcoin. I have a couple of wallets that are both hot and cold and a few accounts on different exchanges. I have bought Bitcoin with a credit card, debit card and even direct withdrawal from my bank account. I have also deposited money from the sale of Bitcoin back into my bank account.

Over the last decade, I have noticed a increasing difficulty in completing the most routine transactions using traditional methods and a spike in difficulty using anything related to Bitcoin. What used to take a few minutes and one or two steps is now taking an hour and 10 steps.

I was OK with this, because I attributed it to my average credit score, inconsistent transaction volume and the general dislike of Bitcoin or anything they didn’t understand by traditional financial institutions…….However:

My spouse recently decided to buy some of her own Bitcoin. Her credit is excellent, her financial activity is impeccable and her financial compliance an example to us all. The MINUTE she used her bank account to engage in Bitcoin, all the same extra hoops and general sluggishness and questioning I was getting for the last 10 years have manifested for her.

Surely we aren’t the only ones dealing with this?