explaining crypto debanking to normal people is always such a shock to them.

yes, I actually can’t use 4/5 big national banks because they will freeze my accounts for interacting with CEXs or OTC desks.

yes, they are punitive and won’t extend mortgages to clients who work in the industry.

it’s all real.

Farcaster-native research: https://paragraph.xyz/@matthewb | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

it’s usually a mask off moment for them to realize that the dems are largely aligned with big banking interests, which is a hard thing to accept given other progressive policies/beliefs

the funny (not so funny) part is how many progressives get horrified when they realize the same politicians they love to support are the ones debanking their friends

really throws people for a loop

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Host at /clickcast /cpg || Husband to @shiwen

it makes me sound like a wacko to talk about it openly but it really does happen

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

i went through this too, brutal

which 1/5 bank did you settle on?

We out here taking pictures of ledgers next to printed out Coinbase statements to confirm ownership

I got deplatformed by 3 different banks for my mining business back in 2018. All real for sure

that part always hits like sci-fi to people outside the space. You tell them “my bank account got flagged because I used Coinbase” and they look at you like you're making it up

but yeah - it's real, it's absurd, and it’s still happening in 2025