Here's why I'm putting my money into crypto

Blockchain Technology Forum
41

@Titus
It’s registered as CB Payments Ltd.

42

Banks know that crypto is the future and it threatens their entire system.

43

The goal is to get rid of the fees. If hedge funds could offer high returns, they wouldn’t have high fees. The same goes for everything in investments. Reducing fees can cut out corruption. Credit Unions are the best.

44

Revolut has blocked my Bitcoin deposits without a reason.

45

Get a good lawyer and sue them, it’s that simple.

46

This is really a KYC/AML issue. They can’t tell if you’re not money laundering. Monzo opted out of any potential problems. You needed Revolut as a middleman.

It wasn’t about being scammed.

47

MarkusJames4 said:
This is really a KYC/AML issue. They can’t tell if you’re not money laundering. Monzo opted out of any potential problems. You needed Revolut as a middleman.

It wasn’t about being scammed.

They even asked for proof of my crypto purchases with earlier transfers, and I gave them everything. I still have all the coins I bought since 2021.

48

Is Chainlink a good investment?

49

So you think Monzo is bad because they stopped a transaction due to a scam suspicion? That sounds actually good. Shouldn’t you be glad they looked out for you?