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- Hacker News
- surely peter theiil will get right on this debanking crisis.by cyanydeez
- cash is still kingby NooneAtAll3
- Cashapp is also king on their listby itake
- by tamimio
- This link is still the blocked, paywalled version of the article.by larrymcp
- 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.
- 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.
Cash is king too, but it doesn't work online and there's significant restrictions.
by Cider9986 - Good luck getting your grocery store to accept Monero though.by khriss
- 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.by jimz
- While Chime, the company, isn't a bank, they do resell banking services. They are functionally value added resellers for The Bancorp Bank, N.A. and Stride Bank, N.A.
- On their own "About Us" page: "Chime® 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 now a bank under law, because you sure as hell are pretending to be one.
by Wingman4l7