Kraken is getting cut off from ACH. One of the oldest, well-regulated cryptocurrency exchanges getting cut off from many consumers…. The establishment is fighting.

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I am not a Republican or Democrat. But I believe these guys should be definitely voted out.

First they ignore you ✅

Then they laugh at you ✅

Then they fight you ⬅️🚨

Then you win

Perhaps they think it will be an easy fight. 🤡🌎

Shit.

Being a bitcoiner doesn't mean that you don't deserve a representation, besides, we are still mostly tax payers. Time to vote out this establishment attacking our liberties. Enough is enough.

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Source please

Confirmed independently, though I didn’t get that email directly.

Thanks.

"Cut off" sounds a bit exaggerated. Silvergate got shut down so that explains why. I guess we'll see how easily they can find a replacement. If they can't, then you're right.

They couldn’t, they’re turning off ACH. I’m sure they’ve been trying for a while….

Get your Bitcoin off exchanges, folks.

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Getting use to UI still…

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Not your keys, not your Bitcoin

There was no world in which they wouldn't fight

closing the exits before the massacre

Did you take it for granted that you'd always be able to get some sats in exchange for the almighty dollar, anon?

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Imagine caring about a shitcoin casino

🤨😅😂

Need all the P2P on ramps we can get... Note your favorites below.

bisq, robosats etc ...

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Bisq

Azteco, cash card find a seller or buy from g2a.com . Easier than a kyc exchange direct to self custody

I honestly don't think bitcoin is cut out for this fight. Without privacy by default it is doomed. The same bitcoiners who refused to leave twitter when everyone was being censored and deplatformed and are now trying to share block lists for nostr are not adversarially minded enough to overcome bitcoin surveillance or to continue using bitcoin if it becomes a crime.

Most exchanges won’t even touch monero though, and for good reason.

But I’m guessing removing the ability for many ppl to dump their money into crypto is going to have a significant effect.

Hodlhodl, btc atm’s (local) w/ burner phone nunber.

Ultimate fave is getting paid by customers for goods sold to a dedicated hww wallet

Classic currency/capital control w/ the border being played by ACH.

Your post is getting noticed.

Added to the https://member.cash/hot feed

Source?

It wasn’t exactly targeted at Kraken. It’s a consequent of Silvergate thing.

Not sure if that makes it better or worse.

Maybe Gensler is a maxi?

✅ fewer centralized exchanges

✅ reduced ability for govt to trap bitcoin in the financial system to control it

My bank cut off Strike ach

Notice that they've only been going after the legitimate entities trying to play by the "rules". They know that these are the ones who stand to topple their control over the global financial institution.

The scams who they ought to be protecting the public from are left alone since they will all eventually fall apart anyways. Public collateral damage be damned.

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I didn't realize they had ACH. Back in 2016 you had to wire funds. It sounds like they expect to be back up with ACH.