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  1. #1
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    Question Chase Shuts Down Compass Mining Bank Accounts

    Dave Lambert, Business Development
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  2. #2
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    This just proves more and more why decentralized finance will be needed... no one should tell you how or when or what to use your money on. No company. No government. No problem.

  3. #3
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    Quote Originally Posted by Steven_O View Post
    This just proves more and more why decentralized finance will be needed... no one should tell you how or when or what to use your money on. No company. No government. No problem.
    Chase was just not allowing Compass to use their Bank -
    Dave Lambert, Business Development
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    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
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  4. #4
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    Quote Originally Posted by Steven_O View Post
    This just proves more and more why decentralized finance will be needed... no one should tell you how or when or what to use your money on. No company. No government. No problem.
    Agreed. If it's not illegal than they have no business banning things.

  5. #5
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    Quote Originally Posted by mca2150 View Post
    Agreed. If it's not illegal than they have no business banning things.
    You are both missing the point - Is a Bank obligated to have you as a customer?
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  6. #6
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    Quote Originally Posted by Yankeeman07 View Post
    You are both missing the point - Is a Bank obligated to have you as a customer?
    As an institution who is federally backed (insured) with my tax dollars, then YES... it should be obligated to serve me, the customer. But I think you might be missing the point... he who dictates HOW and WHERE you use your money, OWNS you. Banks shouldnt be making morality/judgment calls if it is not illegal in the jurisdiction they serve.

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