Add the fact. It took the guardian contacting them for them to recognise the fault.
If this customer was not a high up academic, the guardian would not have shown interest.
Yet the bank froze his account preventing him from withdrawing his own money. With no police or court involvement.
Why the hell is that not pulling up a more serious investigation from the FCA.
Putting your money in a bank is just a conditional IOU from the bank to you. In other words, it's no longer your money and they don't have to give it back to you if they don't want to. Monero solves this.
So how do you get your physical cash into a digital crypto currency without having a bank account to turn your cash into digital cash or a place to hold your crypto currency as cash when you need to buy groceries or something?
Cash by mail for getting in w/o a bank and giftcard services for groceries. I try when possible to seek out people who will take Monero on https://xmrbazaar.com and prioritize buying from them before resorting to a giftcard. My options for direct purchases are expanding slowly but surely. Having less than 1% inflation and falling helps too.
Edit: Monero will never have over 1% inflation again
Edit: Monero will never have over 1% inflation again
Inflation on the crypto transaction charges, right?
Base money supply actually. There are 18.4 million units as a soft cap and then from then on every two minutes point six new Monero exist. This is to replace those lost through loss of private keys, etc. But is low enough inflation to keep the supply from massively growing and losing value.
