Topic: BofA and debit card fees (Read 1075 times)
So what are you guys doing? Closing your accounts and converting all money into BTC?
Just got a notice from Citibank that basic checking would be $10 a month starting in November. This is great news for Bitcoin, though of course terrible news for people stuck with traditional banks.
there are more news
http://www.bloomberg.com/news/2011-09-22/visa-mastercard-to-raise-fees-on-small-purchases-analyst-says.html
http://www.bloomberg.com/news/2011-09-22/visa-mastercard-to-raise-fees-on-small-purchases-analyst-says.html
It really is like they're trying to force people into looking at alternatives...
More like, they don't yet realize that alternatives exist, and they're acting on false assumptions...
Their mistake. Lets capitalize!
there are more news
http://www.bloomberg.com/news/2011-09-22/visa-mastercard-to-raise-fees-on-small-purchases-analyst-says.html
http://www.bloomberg.com/news/2011-09-22/visa-mastercard-to-raise-fees-on-small-purchases-analyst-says.html
It really is like they're trying to force people into looking at alternatives...
More like, they don't yet realize that alternatives exist, and they're acting on false assumptions...
there are more news
http://www.bloomberg.com/news/2011-09-22/visa-mastercard-to-raise-fees-on-small-purchases-analyst-says.html
http://www.bloomberg.com/news/2011-09-22/visa-mastercard-to-raise-fees-on-small-purchases-analyst-says.html
It really is like they're trying to force people into looking at alternatives...
Eventually the public will figure out how silly it is to pay a fee to have a company store bits of data in a database for you. When people start taking their money out of banks, then the banks will also realize how silly that is and they'll start paying you for access to your money.
The banks just make things easier for us.
BofA is a gift to Bitcoins like Obama is a gift to liberty.
BofA is a gift to Bitcoins like Obama is a gift to liberty.
http://www.washingtonpost.com/business/summary-box-bank-of-america-to-charge-5-monthly-debit-card-fee/2011/09/29/gIQAjODo7K_story.html
This has obvious implications for Bitcoin. Our conversation with the public just got much simpler. Why use Bitcoin? We don't charge $5/month for access to your own money.
This has obvious implications for Bitcoin. Our conversation with the public just got much simpler. Why use Bitcoin? We don't charge $5/month for access to your own money.
Jump to: