I'm 22 and I do local BTC transactions on the side.
**AUDIO**
http://vocaroo.com/i/s0u4rwNFT0A4"I hate to say this, but it's best that you cooperate"
"Times have changed, to be honest with you, after 9/11 you have to disclose everything" (not in the audio, if someone really doesn't trust me on this part, I will upload it but it is hard to hear)
-Chase ManagerI was trying to do a withdraw at Chase, the teller called the manager over and she started taking a while. I asked if there was a problem, she wouldn't answer. I felt like I was being treated like a criminal.
The manager started asking me what I was going to do with my money, I politely told her that I value my privacy and would like to keep it to myself.
She told me that I am moving too much money for a college account and that college students usually do small transactions like food or books. She then brought up 9/11 and terrorism saying that they have to keep track of who has what money.
I have most of it recorded, but we are living in a total nanny state, it is disgusting.
In the end, she told me that they closed my account and that I would get a check in the mail with all of my money.
From now on, I am going to live on Cash and Bitcoin. I don't think I will be opening a banking account for a while. I know that might sound crazy, but I can manage.
Long live Bitcoin
ETA: I hope this is the right section
Sad that Chase does not support innovation. It is ridiculous that your account is blocked, as you are the owner of the money.
Do you at least get your money back?
They are sending me a check in the mail. But everything tied to my card such as my toll road sticker, I will have to make changes.
When I read your story, then I realize in what world we live.
I have some feeling that we live in some kind of a cage of politics, where all want to have fully control over every person.
If people do not like someone, they will just eliminate him from race to success.
What to say more?
That is exactly what I was feeling.
Honestly, we have now turned to a guilty until proven innocent place. Where we should give up privacy if we have nothing to hide.
I remember passing through a border checkpoint "Post 9/11" (not even at the border) with my family when I was younger, my mom would tell us to sit up straight and act normal and not to whisper to eachother so we wouldn't look suspicious.
My mom has since woken up, as well as everyone else in my immediate family. About half of my extended family has as well.
I guess with a bank, it's the same as not having your Private key. If you don't have your cash or your private key with you, you're not in control of your money, someone else is.
It's amazing the minute percentage of bad apples that keeps the rest of us under all of this crap.
I really hope BTC becomes mainstream soon. For now, I will go cash/BTC.
