Federal Regulation D limits the amount of transfers allowed from a SAVINGS account over a period of time. If that limit is exceeded the account will be forcibly converted to a more expensive CHECKING account. I opened the cheapest account at my bank to use with Coinbase, now I'm in danger of violating Federal Regulation D :
Absurd restrictions on how I CHOOSE TO USE MY OWN MONEY are exactly why the FED and Central Banking are doomed. I may be on the fringe right now, but once crypto-currencies achieve wider adoption then nobody will bother with the banks anymore. I've begun the process of moving my money out of that flawed and broken system, I invite you to do the same.
R.I.P. Federal Reserve & Central Banking.