Not just Sterling many high street banks in the UK has done this taking away your financial freedom it’s a outrageous telling you what you can or cannot do with your money. But still allow to gamble all your money away. Revolut is the best bank to use and show these banks by avoiding them like the plague they have no rights whatsoever to take your freedom of choice away from you
I’ve had major hassles with legacy banking as well and it’s catalyzed me to trade as much value as I can for Sats and self-custody my own money. I know how poorly traditional banking operates and how efficiently Bitcoin operates. The difference is night and day, Bitcoin all the way.
That’s annoying, I switched to Starling about a year ago, and they have been great, their app is probably the best in industry. But I won’t have a bank tell me what I can spend my money on, will switch bank.
Is crypto just a scam? That will eventually collapse and everything goes to zero, do the banks know this therefore they are just protecting their customers?
Or maybe this is because banks have lost billions of customer deposits recently due to outflows, people converting their fiat money into crypto taking away the banks bread and butter.
Banks are desperate to keep their customers, Revolut are offering 250£ per referral and I’ve heard Nationwide offering 500£ ????????
I’m saving this post, Starling bank will soon go bankrupt or get bought out.
Had this argument with nationwide the other day. Their explanation as to why they are doing it, is to protect customers (trying to protect fiat more like).
As I said to the lady on the phone Coinbase is a publicly traded entity on the us stock exchange and the bank has the gaul to say they aren’t legitimate or there’s a high likelyhood I will be frauded of my deposited money to them.
I further explained to highlight their hypocrisy that if I were to deposit £1k into a betting account and lose the money all in one night with no issues or flags raised from the bank against my account that there explanation as to why they ban cryptocurrency transactions is utter bullshit! They’ve no care for the customer just their increasingly inferior currency.
Fuck the banks. Revolut to exchange is my method now. And straight to self custody.
So if the governments get serious and all united to prevent deposits to crypto exchanges and cash becomes a thing of the past with cdbc. How do we purchase crypto?
Always just some mindless / dumbass propaganda for ages now .. never any meat on the bone to BTC over power , legitimacy , criminal enterprise … and they are beyond stupid ,the sheer impact of non existent fiat currency on power , legitimacy , and criminal enterprise .. dwarfs all other value or products for “ value .” .. so you are choosing wisely , the paper handed are the folks that crashed the pricing ,nobody was ever forced to sell into batches and batches of idiotic lies …. Whole fucking banking industry went down in 08 and sponged a trillion off taxpayers over a long weekend , one exchange goes down , Western Hemisphere and advertisers on the hook … people could pull heads out of sand at any time now
Switch to SoFI: They are a bank and offer crypto trading. Their crypto fees are high so wouldn’t use it just saying they are very crypto friendly. The rest of their offerings are great like 3% on deposit accounts
I’ve been with Starling for some time and have had no problems until recently when they blocked my transaction to Kraken. I’ve just opened a new account with Bank of Scotland and as a test successfully deposited £50 with Kraken.
Seriously thinking of to BOS now
I posted about this 2 or so weeks ago I tried buying some and it rejected me when they told me they banning it to protect consumers I was like Yep I’m out…
British pound is also high risk, judging by this year alone, and being used for the crimes way more than bitcoin.
Silly peasant, you can’t possibly be entrusted to appropriately determine what level of risk your willing to take.
How to lose customers 101
Not just Sterling many high street banks in the UK has done this taking away your financial freedom it’s a outrageous telling you what you can or cannot do with your money. But still allow to gamble all your money away. Revolut is the best bank to use and show these banks by avoiding them like the plague they have no rights whatsoever to take your freedom of choice away from you
I’ve had major hassles with legacy banking as well and it’s catalyzed me to trade as much value as I can for Sats and self-custody my own money. I know how poorly traditional banking operates and how efficiently Bitcoin operates. The difference is night and day, Bitcoin all the way.
Meanwhile starling ceo purchases 2 million in Btc.
Just change bank, they will learn sometimes, or not 🙂
Just leave them, as a statement.
That’s annoying, I switched to Starling about a year ago, and they have been great, their app is probably the best in industry. But I won’t have a bank tell me what I can spend my money on, will switch bank.
Darling whats Starling
Sounds like a bird to me
Do the banks know something that we don’t?
Is crypto just a scam? That will eventually collapse and everything goes to zero, do the banks know this therefore they are just protecting their customers?
Or maybe this is because banks have lost billions of customer deposits recently due to outflows, people converting their fiat money into crypto taking away the banks bread and butter.
Banks are desperate to keep their customers, Revolut are offering 250£ per referral and I’ve heard Nationwide offering 500£ ????????
I’m saving this post, Starling bank will soon go bankrupt or get bought out.
Leave them.
I left my bank as they did similar.
Bank <-> Revolut <-> Exchange
Been using this method for years.
Ask them who asked.
Had this argument with nationwide the other day. Their explanation as to why they are doing it, is to protect customers (trying to protect fiat more like).
As I said to the lady on the phone Coinbase is a publicly traded entity on the us stock exchange and the bank has the gaul to say they aren’t legitimate or there’s a high likelyhood I will be frauded of my deposited money to them.
I further explained to highlight their hypocrisy that if I were to deposit £1k into a betting account and lose the money all in one night with no issues or flags raised from the bank against my account that there explanation as to why they ban cryptocurrency transactions is utter bullshit! They’ve no care for the customer just their increasingly inferior currency.
Fuck the banks. Revolut to exchange is my method now. And straight to self custody.
So if the governments get serious and all united to prevent deposits to crypto exchanges and cash becomes a thing of the past with cdbc. How do we purchase crypto?
Always just some mindless / dumbass propaganda for ages now .. never any meat on the bone to BTC over power , legitimacy , criminal enterprise … and they are beyond stupid ,the sheer impact of non existent fiat currency on power , legitimacy , and criminal enterprise .. dwarfs all other value or products for “ value .” .. so you are choosing wisely , the paper handed are the folks that crashed the pricing ,nobody was ever forced to sell into batches and batches of idiotic lies …. Whole fucking banking industry went down in 08 and sponged a trillion off taxpayers over a long weekend , one exchange goes down , Western Hemisphere and advertisers on the hook … people could pull heads out of sand at any time now
Switch to SoFI: They are a bank and offer crypto trading. Their crypto fees are high so wouldn’t use it just saying they are very crypto friendly. The rest of their offerings are great like 3% on deposit accounts
What year is this? 2018? Boggles the mind that banks still do this.
My dealer still accepts used notes only. Fiat ban when?
BOA still let’s me send dollars for crypto’s
I’ve been with Starling for some time and have had no problems until recently when they blocked my transaction to Kraken. I’ve just opened a new account with Bank of Scotland and as a test successfully deposited £50 with Kraken.
Seriously thinking of to BOS now
Now they trying to tell you what to do with your money smh
How about posting a link to the article instead of a screenshot of a phone?
Yes, many criminals are using bitcoin. All criminals are using banks.
“Crypto cLamPdOwN”
Starling bank, more like dinosaur bank
“heavily used for criminal purposes” … Kind of like fiat
I posted about this 2 or so weeks ago I tried buying some and it rejected me when they told me they banning it to protect consumers I was like Yep I’m out…
Banks gonna lose this fued, thats for sure!
Heavily used for criminal purposes????
That’s when you realize it’s not your money. It’s the bank’s liability.
CHARGE YOUR PHONE!
I’ll tell you right now if every bank does this there’s not enough of us right now to change anything.
angry Bank yelling at Bitcoin
Use bisq, it fixes this problem
Starling bank has banned Bitcoin more times than China has banned Bitcoin.
Use [Bisq](https://bisq.network/) and stack some no KYC sats.
You can still use Starling to buy and sell in a peer to peer way and not have to worry about trusted third parties.