Looks like the banksters are firing the first shots in the war on cryptocurrencies. It seems that banksters have no problem dictating to their clients what they can and can't buy with their hard earned money!
Folks, the war is just starting. I'm expecting this sort of behavior from financial institutions to become the norm next year.
Would be curious to know if Lakestone is a subsidiary of a larger bank, and this was simply a test to see how clients would react. I'd say the message is clear, Coinbase is eating the banker's lunch and is eyeing dinner.
WOW some Big Brother stuff right there.
Wow, I would close immediately my account if I was in this position.
Notice how the letter doesn't even mention specifically what part of the bank's policies were violated. This is some dictator shit right there.
resteemed
Something I really hope my credit union doesn't try to do.
Ohhh, it's just a matter of time. Btw, for anyone who wants to tell Lakestone Bank how they feel about this letter, feel free to head over to their FB page: https://m.facebook.com/pg/LakestoneBank/reviews/
The comments are vicious and pilling up fast!! LOL
That page is crazy right now!
I’ve read in the local news paper that people here in Norway have lost their accounts in the banks because of the same reasons. But that is people who are investing big or trades. One of them is at this time suing one of the banks, and I really hopes he win!
Wow, that's dystopia at its "best" :s