My Citibank account was closed because I bought Bitcoin.

I got a call from my Bank manager saying that my account has been flagged as I have bought Bitcoin and they will be closing my accounts. India does not have clear regulations regarding Bitcoin purchase and they want to stay away from any trouble with Reserve Bank of India, so they thought it's just easier to close my account. I don't even know how to react to this stupidity. Can't wait for the day when the whole world would only transact using Bitcoin.

Submitted August 09, 2017 at 09:20PM by illusionst
via reddit