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I work in a bank, and see blocked accounts every day without reason. Here's why Bitcoin is necessary.

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There is hardly a week where someone doesn't come in, asking why their account was blocked for 'review purposes'. And let me tell you, most of those times they are blocked for no apparent reasons. I had plenty of those whose accounts have been blocked for weeks, they had no access to their money, and in the end, the 'suspicious transactions' were transfers from family, or, even funnier, someone e withdraw THEIR OWN MONEY from bank A, transferred to bank B and then back to bank A. And my bank has the audacity to ask about the source of funds, depriving them of often their only money source. Because banks don't allow you to withdraw anything until they are done doing their review. And what happens when it turns out to be banks mistake? You can file a complaint and... That's about it. Go deal on your own with the investments you lost, food that you didn't have etc. Here is why Bitcoin is needed. So that some enormous corporation can't ask you 'Where did that $1000 come from?'. Oh, and if you answer them the same day, good luck getting an answer in anything less than 2 weeks. They just don't care, as long as they can work your 'potentially unearned' funds.

Also, they block your accounts if you invest in BTC. because terrorism, right? No, because they want you to put your money into their 'fantastic deal' 0.01% APR savings accounts, instead of staking for a MUCH higher percentage.

submitted by /u/Phoenix_Cluster
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