Global Feed Post Login
Replying to Avatar Nic

It depends on what you mean by "useful", in this scenario.

If by useful you mean that having multiple bank accounts will slightly increase friction for the government, when they attempt to freeze your fiat funds, then sure. But that's a losing battle.

Even with 100 bank accounts under your name, it would only be a matter of time until they shut them all down. All you are truly doing, is giving yourself a bit more time of breathing room.

You are attempting to protect yourself using a weapon they are in full control of, instead of using one they can never control.

People can choose to play hide and seek in the fiat world if they wish. Others would prefer to migrate to a new cryptographically secured space they cannot penetrate.

Avatar
( -_-) 1y ago

What, no, I'm just talking about you're example of having to drive to the bank in -35° weather to raise your transfer limits

Reply to this note

Please Login to reply.

Discussion

Avatar
( -_-) 1y ago

*your

Thread collapsed
Avatar
Nic 1y ago

Sorry, I misunderstood what you were trying to say.

I do have multiple bank accounts. A joint account, two personals, and a business one.

Thread collapsed