Bank of America Fires Former PayPal CFO as a Customer
A series of tweets followed. David Marcus, head of Calibra, wrote jokingly, “You’re clearly not their target customer segment…”
Time for Bitcoin conspiracies
Replying to the tweet, the community started guessing the reasons behind the sudden closure. There were quite a few who believe the account closure has something to do with him buying Bitcoin.
Besides, according to a former BoA relationship manager, this could be the reason. That’s because as per the risk department policy guide, trading in bitcoin falls into the same category as sports gambling.
According to bitcoin maximalists, situations like this press the need for decentralization.
They are once again pointing to the fact that the arbitrary actions of banks is another unfriendly reminder of the need to buy Bitcoin. After all, no institution out there has the power to cut off a user’s access to funds.
The Bank might re-think
“Hi Roelof. Thanks for reaching out to us. Accounts are closed for various reasons. If you’d like us to review your accounts and give you a call please use the link to send your name/zip/phone.”
It could very well be that the bank has realized that it messed with the wrong guy. After all, this is a high profile account.
What if the account was of a commoner?
Share your thoughts about the mass adoption of a decentralized financial system.
Source: altcoinbuzz.io
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