Banks pass-along negative interest rates from the Central Banks to savings account holders causing them to lose value.
Archives: News
One reason I hate banks #13
Banks, after recording record profits over the past decade or more, charge for handling excess (in their eyes) cash.
One reason I hate banks #12
Inflation. Printing money to infinity is causing inflation. You’re deluding your self if you believe otherwise.
One reason I hate banks #11
Banks fail. Ask @olya_borderless #Bitcoinfixesthis #ihatebanks #btc $btc
One reason I hate banks #10
is a low-hanging fruit ‘pick of the week’ – the banks are trying to control morality as payment processor of the sex-trade a la @OnlyFans
One reason I hate banks #9…
is that for wire and ACH transfers my bank requires two phone numbers for verification purposes as well as verifying signatures that can be subjective
One reason I hate banks #8…
is this Gem From My Kid… you can’t transfer money between accounts AT THE SAME BANK owned by same person after 8pm using the bank
One reason I hate banks #7…
is they will arbitrarily stop access to your account to review suspicious behavior- egad, another mysterious cash deposit… #bitcoin fixes this
One reason I hate banks #6…
is they have arbitrary, inconsistent and politically motivated rules for providing credit… #bitcoin fixes this.
One reason I hate banks #5
is the mortgage (old french and latin) meaning “death pledge” and the myth of low interest rates when it is front loaded into the loan