7 comments

  • jimz 1 hour ago
    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.
    • Wingman4l7 41 minutes ago
      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.

  • Cider9986 34 minutes ago
    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.

    • khriss 27 minutes ago
      Good luck getting your grocery store to accept Monero though.
      • Cider9986 17 minutes ago
        300+ supermarkets accept it in Switzerland. It's not like they choose every crypto they want to accept, they just use a payment processor that supports a bunch. I don't see that as particularly hard to implement if there's demand.

        Walmart probably won't, considering they don't even accept Apple Pay.

        Spar Launches Switzerland’s First Nationwide Crypto Payment Rollout

        https://cryptodnes.bg/en/spar-launches-switzerlands-first-na...

  • lifestyleguru 1 hour ago
    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.
  • NooneAtAll3 1 hour ago
    cash is still king
    • itake 47 minutes ago
      Cashapp is also king on their list
  • tamimio 1 hour ago
    • larrymcp 1 hour ago
      This link is still the blocked, paywalled version of the article.
      • tamimio 1 hour ago
        No? Scroll down the full article is there, I did read it.
  • cyanydeez 1 hour ago
    surely peter theiil will get right on this debanking crisis.
  • decremental 46 minutes ago
    [dead]