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"STRIKE IS NOT A BANK!"
Well, they sure act like one!
They will retroactively freeze your account if they suspect they don't like what you do with the bitcoin you just purchased from them. This means your bitcoin is being tracked after purchase BY STRIKE. And then the questions start arriving from "the strike team". Not explaining what is the issue, but claiming that due to proof of funds and other regulations you now need to put your pants down because we took your Strike account money hostage!
Here is what is going on:
For years I made it a practice to 1) earn fiat money doing honest work. 2) exchange fiat money for bitcoin 3) send it to a wasabi wallet 4) coinjoin for online privacy and security reasons so evil people won't be able to follow my stack of coins 5) send it to cold storage for me in the future or my future children.
Ofcourse I know what is going on. I made a coinjoin and therefore I am considered a possible criminal. "Pre-crime" flag this guy and freeze his account.
Now "the strike team" wants to know where the bitcoin money went. So I provided them the proof I received the bitcoin in my wasabi wallet. History and transaction ID, amount etc... Not good enough! The follow up question is: "Can you please confirm where you are sending the funds from your Wasabi wallet?"
Well, at this stage I am in a pickle... Do I provide proof and undo the whole purpose of a coinjoin? Because you know, they took my Strike account fiat money hostage to ensure they shall get the answer they are looking for! Put a little fear into people always works. Similar to customs agents at an airport....
But then I think: "What the actual FUCK! This is MY MONEY!"
What would you do jack mallers (nprofile…8sjr) as a true bitcoiner with experience?
And how can you explain away this is still about "proof of funds"?
This is bankster behavior and don't like it one bit. Not good for trust OR public image pretending to be so different from any other service...
Sorry (but not sorry) for the hash words, I am not happy right now...
