My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!
You just stated here what bank did you, but you never mention why they closed your account. all banks will never close their clients account if they will comply the rules properly. They don't say nor even single words why they did it to you, sounds very questionable to me actually. But if that is true, its good to know you found Bitcoin as your alternative for you to save your investment once more.
We just need some trust on banks, we should not trust those banks who are not well known. We need to know what we are going to trusted with, or where we will going to invest with. Investing on bank should have a lot of thinking first, before investing, you must know what you are going to transact with.
