hsromaine on nostr

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@hsromaine 1770412035

I just spoke with Chase Bank Global Risk Department rep. This week I had six rejected wire transfers (to Unchained, Strike and Kraken). She told me that they would no longer allow me to wire transfer to these "crypto" platforms and that I have to find a different way to fund these accounts.

Operation Chokepoint 3.0 alive and well and tightening at Chase Bank.

4828❤️79🤙16👀4❤️3😂2🌄1

SovereignSailor · 35w

And this isn’t just US based we’ve got the same issues here downunder with our major banks.

Jameson Lopp · 35w

I hope you told them you'll be taking your business elsewhere.

Wire whie you can. The chains are being put in place on fiats fundage

curt finch · 35w

Jesus what year is this?

The Art of Stacking Sats · 35w

That is crazy! I understand it’s still going to take years before boomers and legacy companies to fully trust BTC, but shouldn’t they at least understand the difference between a BTC-only platform, that offers customers financial services to a digital, commodity asset versus a crypto-exchange pl...

Humble Stacker · 35w

https://blossom.primal.net/5c2f874dcb111e3aa0845cbc172acd0ef5a642a2648722662b691eda93540b31.jpg

shut down buys and scare people into selling. classic

Bangarangg · 35w

Exit completely.

This is a good thing. Non kyc is the way to go.

Is there any logical reason they would give smh?

I have never had any issue using local credit unions.

Keep trying different exchanges. Maybe it's a compliance issue with the exchange.

Jasper Hayes · 35w

Canadian banks are also making it difficult to buy bitcoin.

That's not your money. Get your own money. I know you know.

freecritter · 35w

Stablecoins are safer.

Buddyintx · 35w

After answering a litany of questions about trying to wire a large amount directly to Strike and River to fund my accounts there, this go around, I just wired a large sum to my alternate checking account then linked that alternate account to my Strike and River accounts. I then purchased BTC direct...

Jake Woodhouse · 35w

The on-ramp to bitcoin is getting more and more tricky Same in Australia I don’t expect this trend to slow, but rather get harder

Jerome Loman · 35w

Haven’t had issues yet but I don’t use these 3. Yesterday there was some sort of limit for instant ach, looked like a glitch.

Screw the banks

Frustrating! If that happened to me, I’d be dropping the bank and going elsewhere.

Achilles · 35w

Same happens in germany

Also at Chase: > The employee apologized and told me something alarming: > 🚨“This has been happening to a lot of people recently, especially those trying to buy Bitcoin.”🚨 https://xcancel.com/i/status/2019600877770735960

BitcoindollarBook · 35w

Try using https://wise.com/ to move funds out of bank and then to exchange. U can certainly use Wise to fund Kraken but maybe not exit Kraken to Wise.

👇🏻 nostr:nevent1qqsw3dzn30s3zjhj8lfzzcggtw2m7uaugeskuj3t7m7ths7l3aydzuczypydtvgatl7wx94lwllklzufaztg3zn6rq5a83anydyhzp98xz4l6qcyqqqqqqg76cpem

All of remaining Middle age mindset banks will soon enough give in to the power of network pressure

Ryan Reynolds · 35w

This is one of the things I like about having cash sitting on deposit at River, paying interest in sats. Every dip over the past week, I had cash on hand (it is my savings account) for buys. Strike is supposed to have this, sometime this year, with higher interest rates.

For me, this is to be expected and it will only get worse, and at some point impossible. Best strategy is to build networks to buy/sell bitcoin in-person for/with cash. It's the most resilient strategy.

Chad Lupkes · 35w

Close all Chase accounts, withdraw all capital.

The Bitcoin Boomers · 35w

Neo ⚡️ · 35w

https://blossom.primal.net/695413ab0ea503a9b59cefe7f2e9be4385832e026e3e99b4b9a284a8058e05b9.jpg

PlebShred · 35w

Chase also doesn’t allow nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 bill pay feature to pay off a chase CC. Doesn’t surprise me… I know nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle always makes a good point that he doesn’t feel the need to...

Jay Stratton · 35w

I’m this close to moving direct deposit and thus primary checking to Fold, just need them to support check deposits as I still need that feature from at least a few times a year