When West is Seeking Satoshi for Advice
Kanye West got kicked out of JP Morgan Bank and forced to close the bank account.
Then West is seeking Satoshi for help. It reminds us that we will be victims someday, and our bank accounts can vanish for no reason.
We probably will never know why JP Morgan closed Kanye West’s bank account unless one of the parties reveals the reason, which I suspect they will.
But it reveals the bank’s power of financial censorship that one can potentially being censored if the bank has a legitimate reason to do so.
When you need the bank the most, they may surprise you with their services.
It reminds us that crypto is an alternative to the banking system that is censorship resistance.
Since no all of us are celebrities, you may loss everything at once without ever possible to speak out.
So what do you think about crypto?
A risky asset or an insurance policy?
You decide!
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