It may be difficult to see past the initial outrage, at this response, of the bank's acknowledgement of it's surveillance practices, to grasp that such surveillance is being undertaken.
The fact that the threat baldly admits such, possibly illegal, insider trading surveillance techniques, shows just how fragile the extant financial system is.
Believe it or not, this is a great victory against the fractional reserve banking system. They are crumbling, and this letter is proof. It is further proof that we need them gone - free people cannot prosper subject to predatory systems that control all financial transactions.
We are eliminating that ubiquitous control, and this letter is an admission of not only their predatory surveillance and insider trading, but that they are losing the ability to prey on us, despite centuries, even millenia, spent honing that craft and constructing mechanisms designed to funnel every satoshi of profit into their wallets, from our work.
'First they laugh at you, then they attack you, then you win.' -- somebody said something much like this already.
We are halfway to winning already.
I'd recommend a class-action lawsuit against the bank by customers whose transactions are apparently being mined for business information that is demonstrably being used by the bank to inform it's business endeavors; classic insider trading.
-likes on facebook fall far short of protecting the victims of this criminal abuse of the confidentiality requisite to handling the private financial affairs of the bank's customers. It's time to twist the knife that is clearly already penetrating the corrupt, black heart of these predators. It is a mercy to end their suffering as swiftly as possible.
Thanks!
I agree with you completely on this @valued-customer.
This letter is an admission of the threat they face. It is against the policies of the bank because they realize that the purchase and utilization of crypto is a threat to the bank. The banksters are a lot of things, completely stupid is not one of them. They see the foundation of their money making-empire and humanity controlling fiat based mechanism collapsing. What really gets them is there is nothing they can do about it. They are completely powerless against the blockchain or the app called crypto.
There is a new game in town and they werent invited.