With institutional banks declaring war on Bitcoin, it’s worth familiarizing yourself with permissionless methods for stacking sats.
This is an opinion editorial by Moon, a Bitcoin Maximalist and writer.
Just in case we needed a reminder, banks are showing us that they can and will gatekeep their customers’ money to prevent them from engaging with bitcoin. This should be a call to action for Bitcoiners or anyone else who wants to maintain control over their finances to move toward more proactive use of permissionless bitcoin tools and practices.
Ever since Jamie Dimon decried Bitcoin as a “hyped-up fraud” and “a pet rock,” on CNBC in late January 2023, I have found myself unable to purchase bitcoin using my Chase debit card on Cash App. And I’m not the only one — if you’ve been following Bitcoin Twitter recently, you may have seen Alana Joy tweet about her experience with the same.
In both of our cases, it is the bank preventing bitcoin purchases and blocking inbou
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