Where fiat currency stops, Bitcoin continues.
It's very impressive to have known Bitcoin saved this guy's life, and kudos to his friends for the massive support.
But actually, I will like to throw more light on how the banking system operates, because just as you know, we have got both "CURRENT" & "SAVINGS" accounts, whereas most savings accounts are restricted to a certain amount of money, whereby if money above the limit enters the account, it will be blocked till the account user comes for an upgrade, which I think was what happened to the money fundraised into the bank account. Which due to this ill health, couldnt get it fixed, unlike Bitcoin which is beyond control by a central authority
Topic: Bitcoin can save your life wherever you are - page 2. (Read 271 times)
Yes, it is an unusual and bizarre example that I do not believe many people can relate to. Despite this, however, one fact is true: unlike your bank account, crypto funds cannot be frozen or seized if they are kept in a private wallet, and no one else has access to your private keys. If you hold crypto, no one, not even the police or any government agency, can freeze your assets.
I feel this story is too bizare.
The patients need an urgent medical treatment and his account got blocked by banks that supposed to pay the medical bills, if I were in this positions (his friends) I would use my personal money and ask the other friends to raise more money. Okay let's say his friends make a donation via Bitcoin, do you think the fundraising can be completed in just a day? I don't think so, it's need a time and you said it's an urgent moment.
Now I don't understand the part why the patient's bank account can be frozen, but the another bank account used to receive Bitcoin sources doesn't get banned. Bank is more strict about Bitcoin activities rather than normal fiat activities.
The patients need an urgent medical treatment and his account got blocked by banks that supposed to pay the medical bills, if I were in this positions (his friends) I would use my personal money and ask the other friends to raise more money. Okay let's say his friends make a donation via Bitcoin, do you think the fundraising can be completed in just a day? I don't think so, it's need a time and you said it's an urgent moment.
Now I don't understand the part why the patient's bank account can be frozen, but the another bank account used to receive Bitcoin sources doesn't get banned. Bank is more strict about Bitcoin activities rather than normal fiat activities.
First, this is my first post on this forum, after going through the rules guiding our conduct in this forum I have decided to make an official thread to acknowledge my presence here.
Back to the title of the thread: bitcoin can save a life where ever you are as long as you have it in your wallet, I was in the hospital recently and I witnessed a situation that motivated me to make such a statement, I saw a hart condition patients who was booked for an X-ray scan but hard his bank account freeze because the account was used to raise money to support the medical bills and he has to go to the law enforcement officers to clarify that but because of the health condition that is not possible as he needed urgent medical attention, all thanks to his supportive friend who did fundraising once again but this time choose to use Bitcoin and this choice becomes a lifesaver the funds was sorted seamlessly and everything went through without restriction and the guy got the medical attention needed.
AM HAPPY TO BE PART OF THIS GREAT BITCOIN COMMUNITY
Back to the title of the thread: bitcoin can save a life where ever you are as long as you have it in your wallet, I was in the hospital recently and I witnessed a situation that motivated me to make such a statement, I saw a hart condition patients who was booked for an X-ray scan but hard his bank account freeze because the account was used to raise money to support the medical bills and he has to go to the law enforcement officers to clarify that but because of the health condition that is not possible as he needed urgent medical attention, all thanks to his supportive friend who did fundraising once again but this time choose to use Bitcoin and this choice becomes a lifesaver the funds was sorted seamlessly and everything went through without restriction and the guy got the medical attention needed.
AM HAPPY TO BE PART OF THIS GREAT BITCOIN COMMUNITY
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